MGW (0767.974.239): financials and annual accounts

MGW

Wavre ·KBO/BCE: BE 0767.974.239

Line	2025	2024	2023	2022
Balance sheet: assets
Total assets`20/58`	185,539	229,588	272,897	81,532
Fixed assets`21/28`	3,712	9,969	14,843	16,376
Tangible fixed assets`22/27`	3,712	9,969	14,843	16,376
Furniture and vehicles`24`	3,712	9,969	14,843	16,376
Current assets`29/58`	181,827	219,619	258,054	65,156
Amounts receivable within one year`40/41`	178,311	219,529	258,054	60,648
Trade receivables`40`	101,934	110,317	168,149	13,472
Other amounts receivable`41`	76,377	109,212	89,905	47,176
Cash at bank and in hand`54/58`	2,858	90	-	4,508
Deferred charges and accrued income`490/1`	658	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	185,539	229,588	272,897	81,532
Equity`10/15`	113,351	135,934	104,276	59,655
Contributions`10/11`	6,000	6,000	6,000	6,000
Profit (loss) carried forward`14`	107,351	129,934	98,276	53,655
Amounts payable`17/49`	72,188	93,654	168,621	21,877
Amounts payable within one year`42/48`	72,188	93,654	168,621	21,877
Financial debts`43`	-	1,439	-	-
Credit institutions`430/8`	-	1,439	-	-
Trade debts`44`	13,483	63,506	136,076	4,727
Suppliers`440/4`	13,483	63,506	136,076	4,727
Taxes, remuneration and social security`45`	51,715	27,060	32,545	17,150
Taxes`450/3`	49,596	27,060	32,545	17,150
Remuneration and social security`454/9`	2,119	-	-	-
Other amounts payable`47/48`	6,990	1,650	-	-
Income statement
Gross operating margin`9900`	64,723	61,563	66,527	77,967
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,257	8,969	6,733	3,451
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	8,424	-	-	-
Other operating charges`640/8`	5,587	4,712	6,256	5,361
Non-recurring operating charges`66A`	13,785	-	-	-
Operating profit (loss)`9901`	30,670	47,883	53,537	69,155
Financial income`75/76B`	5	0	5,075	1,839
Recurring financial income`75`	5	0	5,075	1,839
Financial charges`65/66B`	1,761	1,631	346	190
Recurring financial charges`65`	1,761	1,631	346	190
Profit (loss) for the period before taxes`9903`	28,915	46,251	58,267	70,804
Income taxes`67/77`	6,497	14,594	13,645	17,150
Profit (loss) for the period`9904`	22,417	31,658	44,621	53,655
Profit (loss) for the period to be appropriated`9905`	22,417	31,658	44,621	53,655
Appropriation of the result
Profit (loss) to be appropriated`9906`	152,351	129,934	98,276	53,655
Profit (loss) brought forward from the previous period`14P`	129,934	98,276	53,655	-
Profit to be distributed`694/7`	45,000	-	-	-
Return on contributions (dividend)`694`	45,000	-	-	-
Document	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	13-11-2025	2025-00565725	PDF
31-03-2024	micro format	15-09-2025	2025-00491303	PDF
31-03-2023	micro format	25-10-2024	2024-00519865	PDF
31-03-2022	micro format	30-08-2023	2023-00439750	PDF

Line	2025	2024	2023	2022
EBITDA	36,927	56,852	60,271	72,606
Cash flow	28,674	40,627	51,355	57,105
Investment in fixed assets (approximation)	0	4,095	5,200	19,827
Change in cash	2,768	-	-	-
Working capital	109,639	125,965	89,433	43,279
Solvency	61.1%	59.2%	38.2%	73.2%
Current ratio	2.52	2.35	1.53	2.98
Debt to equity	0.64	0.69	1.62	0.37
ROE	19.8%	23.3%	42.8%	89.9%
ROA	12.1%	13.8%	16.4%	65.8%
Interest coverage	20.97	34.85	over 100	over 100

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	-	€4,095	€5,200	€19,827
Depreciation and write-downs of the year	€6,257	€8,969	€6,733	€3,451

MGW

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency61.1%

Current ratio2.52

Return on assets12.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MGW

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