Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
M.G. CONSTRUCT INVEST from Awans, company number BE0838198774, closed financial year 2024 with a result of € 10,565 after tax. For that financial year M.G. CONSTRUCT INVEST recorded revenue of € 0 and equity of € -26,676. Compared with financial year 2023, the result moved from € 31,739 to € 10,565. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -26,676
▲ € 10,565 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,565
▼ 67% vs 2023
Profit after tax over the fiscal year.
€ 20,415
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -32,876.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 116,687
▼ 3% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,579
▼ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 144,861
▼ 10% vs 2023
€ 21,214 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 101,233
▲ 52% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 26,755
▲ 50% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 62,821 | € 170,043 | € 196,011 | € 167,141 | ▼ 15% |
| Profit after taxes | € -116,888 | € 7,204 | € 31,739 | € 10,565 | ▼ 67% |
| Equity | € -76,183 | € -68,980 | € -37,241 | € -26,676 | ▲ € 10,565 |
| Total debts | € 489,245 | € 477,881 | € 389,823 | € 355,429 | ▼ 9% |
| Cash | € 25,718 | € 52,802 | € 34,000 | € 20,415 | ▼ 40% |
| Land & buildings | € 287,483 | € 277,605 | € 246,592 | € 236,687 | ▼ 4% |
| Retained profit | € -82,383 | € -75,180 | € -43,441 | € -32,876 | ▲ € 10,565 |
| Bank debt | € 227,684 | € 195,323 | € 160,691 | € 144,861 | ▼ 10% |
| Balance sheet total | € 413,061 | € 408,901 | € 352,582 | € 328,753 | ▼ 7% |
| Employees (FTE) | 3.1 | - | - | - |
Key figures of M.G. CONSTRUCT INVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to M.G. CONSTRUCT INVEST?
What happened at M.G. CONSTRUCT INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 10,565 (▼ 67% vs 2023). filed late Source: NBB ↗
- Giovanni Miceli became a director. NBB
- New establishment in Awans. KBO
- Start of the company according to the CBE. KBO
In short
From € 116,888 loss in 2021 to € 10,565 profit in 2024.
Paid € 2,193 in corporate taxes since 2021.
Best year ever: 2023, with € 31,739 profit.
On average € 20,300 of value added per employee in 2021.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M.G. CONSTRUCT INVEST is Giovanni Miceli.
Directors
According to the 2024 annual accounts
Giovanni Miceli
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue de Fooz 4
4340 Awans
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.198.774
- VAT number
- BE 0838.198.774
- Registered office
- Rue de Fooz 4, 4340 Awans
- Names & denominations
- M.G. CONSTRUCT INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 2011
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Stukadoorswerk
Dakwerkzaamheden
Schrijnwerk
Plaatsen van vloer- en wandtegels