Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDG GROUP from Alken, company number BE0668983363, closed financial year 2025 with a result of € 16,717 after tax. For that financial year MDG GROUP recorded a gross margin of € 108,527 and equity of € 198,974. Compared with financial year 2024, the result moved from € -11,570 to € 16,717. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 198,974
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,717
▲ still € 11,570 loss in 2024
Profit after tax over the fiscal year.
€ 24,465
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 148,974.
Debts at end 2025
€ 876,085
▼ 6% vs 2024
€ 46,120 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 17,739
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,234
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,344 | € 160,408 | € 102,335 | € 108,527 | ▲ 6% |
| Profit after taxes | € 24,788 | € 23,927 | € -11,570 | € 16,717 | ▲ € 28,287 |
| Equity | € 169,901 | € 193,828 | € 182,258 | € 198,974 | ▲ 9% |
| Total debts | € 423,896 | € 729,932 | € 984,169 | € 921,434 | ▼ 6% |
| Cash | € 63,532 | € 17,139 | € 20,453 | € 24,465 | ▲ 20% |
| Land & buildings | € 296,832 | € 668,094 | € 925,185 | € 891,092 | ▼ 4% |
| Retained profit | € 119,901 | € 143,828 | € 132,258 | € 148,974 | ▲ 13% |
| Bank debt | € 298,049 | € 675,819 | € 936,032 | € 876,085 | ▼ 6% |
| Balance sheet total | € 593,797 | € 923,759 | € 1,166,427 | € 1,120,409 | ▼ 4% |
Key figures of MDG GROUP, 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 MDG GROUP?
What happened at MDG GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,717. Source: NBB ↗
- New establishment in Alken. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,788 profit in 2022 to € 16,717 profit in 2025.
Paid € 22,805 in corporate taxes since 2022.
Best year ever: 2022, with € 24,788 profit.
Management
Behind MDG GROUP is Calogero DI GANGI. It owns 100% of MDG DEVELOPMENT itself.
Directors
According to the 2025 annual accounts
Calogero DI GANGI
Director
Establishments
Establishment units
Physical locations of this company
Rijdreef 24
3570 Alken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.983.363
- VAT number
- BE 0668.983.363
- Registered office
- Rijdreef 24, 3570 Alken
- Names & denominations
- MDG GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2017
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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