Active · per the CBE, 17 September 2026

MG CONCEPT SERVICES

BE0842081942

Rechtspersoon Private limited company 1 establishment

MG CONCEPT SERVICES is an electrical contractor in Frasnes-lez-Anvaing. Private Limited, started on 23 December 2011, 1 establishment.

Rue du Joncquoy(AW) 11, 7910 Frasnes-lez-Anvaing

Active for

14 year, 8 months

Warning lights

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

  • Figures corrected NBB

    Corrected annual account filed for 2024.

Financials

Financial year 2025

MG CONCEPT SERVICES from Frasnes-lez-Anvaing, company number BE0842081942, closed financial year 2025 with a result of € 10,160 after tax. For that financial year MG CONCEPT SERVICES recorded a gross margin of € 63,644 and equity of € 113,291. Compared with financial year 2024, the result moved from € -913 to € 10,160. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.

What it is worth Growing

€ 113,291

▲ 10% vs 2024

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

Profit Growing

€ 10,160

▲ still € 913 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 36,889

▲ 24% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 100,891.

People and assets in 2025

Vehicles and equipment

€ 34,003

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 65,147

▼ 28% vs 2024

€ 34,328 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 12,826

▲ 125% vs 2024

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

Taxes

€ 1,016

▼ 79% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 29,862 € 97,070 € 48,570 € 63,644 ▲ 31%
Profit after taxes € 12,247 € 47,379 € -913 € 10,160 ▲ € 11,073
Equity € 56,665 € 104,044 € 103,131 € 113,291 ▲ 10%
Total debts € 101,151 € 148,125 € 122,663 € 102,322 ▼ 17%
Cash € 41,818 € 52,262 € 29,659 € 36,889 ▲ 24%
Retained profit € 44,265 € 91,644 € 90,731 € 100,891 ▲ 11%
Bank debt € 61,755 € 62,626 € 90,428 € 65,147 ▼ 28%
Balance sheet total € 157,816 € 252,169 € 225,794 € 215,613 ▼ 5%

Key figures of MG CONCEPT SERVICES, 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 CONCEPT SERVICES?

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

  • New annual accounts for financial year 2025: profit of € 10,160. filed late Source: NBB ↗
  • New establishment in Frasnes-lez-Anvaing. KBO
  • Start of the company according to the CBE. KBO

In short

From € 12,247 profit in 2022 to € 10,160 profit in 2025.

Paid € 24,946 in corporate taxes since 2022.

Best year ever: 2023, with € 47,379 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Joncquoy(AW) 11

7910 Frasnes-lez-Anvaing

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

Details

Company number
0842.081.942
VAT number
BE 0842.081.942
Registered office
Rue du Joncquoy(AW) 11, 7910 Frasnes-lez-Anvaing
Names & denominations
MG CONCEPT SERVICES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
23 December 2011
Peppol
Active · Active since 12 Nov 2025
Activities · NACE

Algemene elektrotechnische installatiewerken

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Frequently asked questions

What does MG CONCEPT SERVICES do?
MG CONCEPT SERVICES is an electrical contractor in Frasnes-lez-Anvaing. Private Limited, started on 23 December 2011, 1 establishment.
What is the address of MG CONCEPT SERVICES?
The registered office of MG CONCEPT SERVICES is located at Rue du Joncquoy(AW) 11, 7910 Frasnes-lez-Anvaing.
Is MG CONCEPT SERVICES still active?
Yes. According to the CBE (17 September 2026) MG CONCEPT SERVICES is active, legal situation “Normale toestand”, started on 23 December 2011.
Is MG CONCEPT SERVICES registered on Peppol?
Yes, MG CONCEPT SERVICES is registered on the Peppol network with ID 0208:0842081942.
What is the enterprise number of MG CONCEPT SERVICES?
The enterprise number of MG CONCEPT SERVICES is BE0842081942.
When was MG CONCEPT SERVICES founded?
MG CONCEPT SERVICES was founded on 23 December 2011.