Active · per the CBE, 28 September 2026

MGC CONSTRUCT

BE0881722179

Rechtspersoon Private limited company 1 establishment

MGC CONSTRUCT is a plasterer in Westerlo. Private Limited, started on 7 June 2006, 1 establishment.

Koning Leopoldlaan 85, 2260 Westerlo

Behind the company: CHRIS SYMONS.

Active for

20 year, 3 months

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MGC CONSTRUCT from Westerlo, company number BE0881722179, closed financial year 2025 with a result of € -915 after tax. For that financial year MGC CONSTRUCT recorded a gross margin of € 18,729 and equity of € 28,932. Compared with financial year 2024, the result moved from € 4,991 to € -915. 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 August 17, 2026.

What it is worth Healthy

€ 28,932

▼ 3% vs 2024

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

Loss Caution

€ -915

▼ still € 4,991 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,270

▼ 86% 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 € 10,332.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate

€ 3,738

▲ 9% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Vehicles and equipment

€ 44,135

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 20,594

▼ 21% vs 2024

€ 6,375 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 3,745

▼ 49% vs 2024

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

Taxes

€ 1,725

▼ 34% vs 2024

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

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -7,772 € 25,076 € 22,220 € 18,729 ▼ 16%
Profit after taxes € -16,207 € 17,008 € 4,991 € -915 ▼ € 5,906
Equity € 7,847 € 24,856 € 29,847 € 28,932 ▼ 3%
Total debts € 29,358 € 19,479 € 54,669 € 33,437 ▼ 39%
Cash € 5,087 € 7,962 € 23,062 € 3,270 ▼ 86%
Retained profit € -10,753 € 6,256 € 11,247 € 10,332 ▼ 8%
Bank debt € 12,663 € 8,024 € 26,098 € 20,594 ▼ 21%
Balance sheet total € 37,206 € 44,334 € 84,516 € 62,370 ▼ 26%

Key figures of MGC 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 MGC CONSTRUCT?

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

  • New annual accounts for financial year 2025: loss of € 915 (▼ € 5,906 vs 2024). filed late Source: NBB ↗
  • New establishment in Westerlo. KBO
  • Start of the company according to the CBE. KBO

In short

From € 16,207 loss in 2022 to € 915 loss in 2025.

Paid € 3,105 in corporate taxes since 2022.

Best year ever: 2023, with € 17,008 profit.

Management

CHRIS SYMONS
MGC CONSTRUCT

Behind MGC CONSTRUCT is CHRIS SYMONS.

See the full network in the app

Directors

According to the 2025 annual accounts

CHRIS SYMONS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Leopoldlaan 85

2260 Westerlo

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

Details

Company number
0881.722.179
VAT number
BE 0881.722.179
Registered office
Koning Leopoldlaan 85, 2260 Westerlo
Names & denominations
MGC CONSTRUCT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
7 June 2006
Peppol
Active · Active since 28 Nov 2025
Activities · NACE

Stukadoorswerk

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Overige gespecialiseerde bouwwerkzaamheden

Frequently asked questions

What does MGC CONSTRUCT do?
MGC CONSTRUCT is a plasterer in Westerlo. Private Limited, started on 7 June 2006, 1 establishment.
What is the address of MGC CONSTRUCT?
The registered office of MGC CONSTRUCT is located at Koning Leopoldlaan 85, 2260 Westerlo.
Is MGC CONSTRUCT still active?
Yes. According to the CBE (28 September 2026) MGC CONSTRUCT is active, legal situation “Normale toestand”, started on 7 June 2006.
Is MGC CONSTRUCT registered on Peppol?
Yes, MGC CONSTRUCT is registered on the Peppol network with ID 0208:0881722179.
What is the enterprise number of MGC CONSTRUCT?
The enterprise number of MGC CONSTRUCT is BE0881722179.
When was MGC CONSTRUCT founded?
MGC CONSTRUCT was founded on 7 June 2006.