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MGL

Active
Private limited companyfounded 2003active for 22 yearsRue Gaston Ragon(B.V.) 19, 5170 Profondeville, BelgiumKBO/BCE: BE 0861.864.992
Summary

MGL has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706,639 and a net result of €14,275. Equity is growing by about 37% per year across the filed financial years. Its solvency ranks better than 93% of 9,583 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

History

MGL was incorporated on 25 November 2003.1 Total assets fell from €993,003 in 2018 to €802,412 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 26 days late
2025
31-12
Financial Liquidity more than doublescurrent ratio 8.10
Current ratio from 3.21 to 8.10; short-term debt falls from €297,448 to €95,773.
29-08
NBB filing Annual accounts filed
financial year 2024 · full format · 29 days late
2024
31-12
Financial Back to profitnet €616,171
Net result €616,171 after one loss-making year.
31-12
Financial Liquidity more than 10 timescurrent ratio 3.21
Current ratio from 0.31 to 3.21; short-term debt falls from €339,255 to €297,448.
31-12
Financial Equity above €500,000equity €692,364 ▲809%
Equity rises from €76,193 to €692,364.
27-09
NBB filing Annual accounts filed
financial year 2023 · full format · 58 days late
2023
31-12
Financial Weakest financial yearnet -€79,593
Net result drops to -€79,593, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
financial year 2022 · full format · 30 days late
2022
31-12
Financial Equity above €150,000equity €155,786 ▲28%
2 profitable years in a row build equity to €155,786.
31-08
NBB filing Annual accounts filed
financial year 2021 · full format · 31 days late
2021
31-12
Financial Back to profitnet €63,055
Net result €63,055 after one loss-making year.
Show earlier events
31-12
Financial Equity above €100,000equity €121,750 ▲107%
Equity rises from €58,695 to €121,750.
28-10
NBB filing Annual accounts filed
financial year 2020 · full format · 89 days late
2020
21-09
NBB filing Annual accounts filed
financial year 2019 · full format · 52 days late
2019
31-12
Financial Back to profitnet €19,582
Net result €19,582 after one loss-making year.
31-08
NBB filing Annual accounts filed
financial year 2018 · full format · 31 days late
2018
29-08
NBB filing Annual accounts filed
financial year 2017 · full format · 29 days late
2017
30-08
NBB filing Annual accounts filed
financial year 2016 · full format · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 22 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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