What does MG CONSTRUCT do?

MG CONSTRUCT is a construction company in Mechelen. Private Limited, started on 2 June 1989, 1 establishment.

What is the address of MG CONSTRUCT?

The registered office of MG CONSTRUCT is located at Nuffelstraat(HEF) 23, 2801 Mechelen.

Is MG CONSTRUCT still active?

Yes. According to the CBE (29 October 2026) MG CONSTRUCT is active, legal situation “Normale toestand”, started on 2 June 1989.

Is MG CONSTRUCT registered on Peppol?

Yes, MG CONSTRUCT is registered on the Peppol network with ID 0208:0437658852.

What is the enterprise number of MG CONSTRUCT?

The enterprise number of MG CONSTRUCT is BE0437658852.

When was MG CONSTRUCT founded?

MG CONSTRUCT was founded on 2 June 1989.

Who are the directors of MG CONSTRUCT?

According to the 2025 annual accounts, the directors of MG CONSTRUCT are: An De Lathauwer, Marcin Wdowiak, Grzegorz Szabat.

Is MG CONSTRUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 June 1989; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MG CONSTRUCT make in 2025?

MG CONSTRUCT recorded a loss after taxes of € 2,145 in financial year 2025.

What is the revenue of MG CONSTRUCT?

As a small company, MG CONSTRUCT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 32,366.

MG CONSTRUCT (Private Limited) - Mechelen - BE0437658852

Dossier MG CONSTRUCT, printed on 29 October 2026 from databakkes.be/en/0437658852/mg-construct. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

MG CONSTRUCT from Mechelen, company number BE0437658852, closed financial year 2025 with a result of € -2,145 after tax. For that financial year MG CONSTRUCT recorded a gross margin of € 32,366 and equity of € 24,400. Compared with financial year 2024, the result moved from € -5,652 to € -2,145. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Healthy

€ 24,400

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2,145

▲ 62 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 18,120

▲ 219% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 18,200.

People and assets in 2025

Wage cost

€ 29,668

▼ 33% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

€ 65,340

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 17,258

▼ 67% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,679

▲ 156% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 48,198 Gross margin 2022: € 48,198 First fiscal year in the series	€ 46,206 Gross margin 2023: € 46,206 ▼ 4% vs 2022 (€ 48,198) Unfavourable step	€ 45,015 Gross margin 2024: € 45,015 ▼ 3% vs 2023 (€ 46,206) Unfavourable step	€ 32,366 Gross margin 2025: € 32,366 ▼ 28% vs 2024 (€ 45,015) Unfavourable step	▼ 28%
Profit after taxes	€ 1,065 Profit after taxes 2022: € 1,065 First fiscal year in the series	€ 1,074 Profit after taxes 2023: € 1,074 ▲ 1% vs 2022 (€ 1,065) Favourable step	€ -5,652 Profit after taxes 2024: € -5,652 ▼ € 6,726 vs 2023 (€ 1,074) Unfavourable step	€ -2,145 Profit after taxes 2025: € -2,145 ▲ € 3,507 vs 2024 (€ -5,652) Favourable step	▲ € 3,507
Equity	€ 31,123 Equity 2022: € 31,123 First fiscal year in the series	€ 32,197 Equity 2023: € 32,197 ▲ 3% vs 2022 (€ 31,123) Favourable step	€ 26,545 Equity 2024: € 26,545 ▼ 18% vs 2023 (€ 32,197) Unfavourable step	€ 24,400 Equity 2025: € 24,400 ▼ 8% vs 2024 (€ 26,545) Unfavourable step	▼ 8%
Total debts	€ 78,199 Total debts 2022: € 78,199 First fiscal year in the series	€ 108,671 Total debts 2023: € 108,671 ▲ 39% vs 2022 (€ 78,199) Unfavourable step	€ 265,004 Total debts 2024: € 265,004 ▲ 144% vs 2023 (€ 108,671) Unfavourable step	€ 263,134 Total debts 2025: € 263,134 ▼ 1% vs 2024 (€ 265,004) Favourable step	▼ 1%
Cash	€ 9,231 Cash 2022: € 9,231 First fiscal year in the series	€ 16,146 Cash 2023: € 16,146 ▲ 75% vs 2022 (€ 9,231) Favourable step	€ 5,683 Cash 2024: € 5,683 ▼ 65% vs 2023 (€ 16,146) Unfavourable step	€ 18,120 Cash 2025: € 18,120 ▲ 219% vs 2024 (€ 5,683) Favourable step	▲ 219%
Retained profit	€ 24,923 Retained profit 2022: € 24,923 First fiscal year in the series	€ 25,997 Retained profit 2023: € 25,997 ▲ 4% vs 2022 (€ 24,923) Favourable step	€ 20,345 Retained profit 2024: € 20,345 ▼ 22% vs 2023 (€ 25,997) Unfavourable step	€ 18,200 Retained profit 2025: € 18,200 ▼ 11% vs 2024 (€ 20,345) Unfavourable step	▼ 11%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 10,000 Bank debt 2023: € 10,000 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 10,000) Favourable step	€ 65,340 Bank debt 2025: € 65,340 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 109,321 Balance sheet total 2022: € 109,321 First fiscal year in the series	€ 140,867 Balance sheet total 2023: € 140,867 ▲ 29% vs 2022 (€ 109,321) Unchanged	€ 291,549 Balance sheet total 2024: € 291,549 ▲ 107% vs 2023 (€ 140,867) Unchanged	€ 287,534 Balance sheet total 2025: € 287,534 ▼ 1% vs 2024 (€ 291,549) Unchanged	▼ 1%

Key figures of MG CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MG CONSTRUCT?

What happened at MG CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: loss of € 2,145. Source: NBB ↗
Jun 9, 1997 New establishment in Mechelen. KBO
Jun 2, 1989 Start of the company according to the CBE. KBO

In short

From € 1,065 profit in 2022 to € 2,145 loss in 2025.

Paid € 1,326 in corporate taxes since 2022.

Best year ever: 2023, with € 1,074 profit.

Original PDFs at the National Bank ↗

Management

An De Lathauwer Marcin Wdowiak Grzegorz Szabat

Immo Nekker

Montem

GBT INVEST

MG CONSTRUCT

Behind MG CONSTRUCT are An De Lathauwer, Marcin Wdowiak and Grzegorz Szabat. An De Lathauwer is also behind Immo Nekker, Montem, GBT INVEST, BERUWO and Den Buro.

Directors

According to the 2025 annual accounts

An De Lathauwer

Manager

Also active at: Immo Nekker, Montem, GBT INVEST, BERUWO, Den Buro

Marcin Wdowiak

Associate

Grzegorz Szabat

Associate

Establishments

Establishment units

Physical locations of this company

Registered office

Nuffelstraat(HEF) 23

2801 Mechelen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

I.M.D.B.

€ 283,618 gross margin · 2025

Casso

€ -7,136 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0437.658.852

VAT number

BE 0437.658.852

Registered office

Nuffelstraat(HEF) 23, 2801 Mechelen

Names & denominations

MG CONSTRUCT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 June 1989

Peppol

Active · Active since 10 Jul 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Metselwerk

Uitvoeren van metsel- en voegwerken

Installatie van isolatie

Vervaardiging van metalen constructiewerken en delen daarvan

Overige reiniging van gebouwen; industriële reiniging

Overige gespecialiseerde bouwactiviteiten, neg

Algemene reiniging van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

MG CONSTRUCT

Warning lights

Financials

What happened to MG CONSTRUCT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions