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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MGS RENOVATION from Herve, company number BE0775658817, closed financial year 2023 with a result of € -37,129 after tax. For that financial year MGS RENOVATION recorded a gross margin of € 73,299 and equity of € 44,705. Compared with financial year 2022, the result moved from € 51,883 to € -37,129. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2024.
€ 44,705
▼ 45% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,129
▼ still € 51,883 profit in 2022
Profit after tax over the fiscal year.
€ 22,071
▲ 115% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 14,755.
People and assets in 2023
€ 78,931
▲ 19% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,983
▲ 89% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 20,665
▼ 46% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 19,675
▲ 23% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 142,353 | € 73,299 | ▼ 49% |
| Profit after taxes | € 51,883 | € -37,129 | ▼ € 89,012 |
| Equity | € 81,833 | € 44,705 | ▼ 45% |
| Total debts | € 55,044 | € 60,993 | ▲ 11% |
| Cash | € 10,243 | € 22,071 | ▲ 115% |
| Retained profit | € 51,883 | € 14,755 | ▼ 72% |
| Balance sheet total | € 136,877 | € 105,698 | ▼ 23% |
Key figures of MGS RENOVATION, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to MGS RENOVATION?
What happened at MGS RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MGS RENOVATION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 37,129 (▼ € 89,012 vs 2022). Source: NBB ↗
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,883 profit in 2022 to € 37,129 loss in 2023.
Paid € 12,754 in corporate taxes since 2022.
Best year ever: 2022, with € 51,883 profit.
Establishments
Establishment units
Physical locations of this company
Rue de Maestricht 50
4651 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.658.817
- VAT number
- BE 0775.658.817
- Registered office
- Rue de Maestricht 50, 4651 Herve
- Names & denominations
- MGS RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 October 2021
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Overige reiniging van gebouwen; industriële reiniging
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Gevelreiniging
+1