What does MGS CONSTRUCTION do?

MGS CONSTRUCTION is registered with the CBE as active in: Bouwen van individuele huizen. Private Limited, started on 13 February 2007, 1 establishment.

What is the address of MGS CONSTRUCTION?

The registered office of MGS CONSTRUCTION is located at Thier de Huy 46, 4570 Marchin.

Is MGS CONSTRUCTION still active?

Yes. According to the CBE (30 October 2026) MGS CONSTRUCTION is active, legal situation “Normale toestand”, started on 13 February 2007.

Is MGS CONSTRUCTION registered on Peppol?

Yes, MGS CONSTRUCTION is registered on the Peppol network with ID 0208:0887208025.

What is the enterprise number of MGS CONSTRUCTION?

The enterprise number of MGS CONSTRUCTION is BE0887208025.

When was MGS CONSTRUCTION founded?

MGS CONSTRUCTION was founded on 13 February 2007.

Who are the directors of MGS CONSTRUCTION?

According to the 2025 annual accounts, the directors of MGS CONSTRUCTION are: AG IMMO DEVELOPPEMENT SRL, DELANAYE SRL.

Is MGS CONSTRUCTION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 February 2007; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MGS CONSTRUCTION make in 2025?

MGS CONSTRUCTION posted a profit after taxes of € 134,356 in financial year 2025.

What is the revenue of MGS CONSTRUCTION?

As a small company, MGS CONSTRUCTION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 636,413.

How much does an employee at MGS CONSTRUCTION earn?

The average wage cost per full-time employee at MGS CONSTRUCTION was € 48,000 in 2025: staff costs of € 432,445 for 9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MGS CONSTRUCTION have?

According to the 2025 annual accounts, MGS CONSTRUCTION has 9 full-time equivalents (FTE).

MGS CONSTRUCTION (Private Limited) - Marchin

Dossier MGS CONSTRUCTION, printed on 30 October 2026 from databakkes.be/en/0887208025/mgs-construction. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MGS CONSTRUCTION from Marchin, company number BE0887208025, closed financial year 2025 with a result of € 134,356 after tax. For that financial year MGS CONSTRUCTION recorded a gross margin of € 636,413 and equity of € 537,959. Compared with financial year 2024, the result moved from € 70,476 to € 134,356. 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 31, 2026.

What it is worth Growing

€ 537,959

▲ 33% vs 2024

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

Profit Growing

€ 134,356

▲ 91% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 321

▼ € 272,510 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 € 452,959.

People and assets in 2025

Full-time equivalents

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 432,445

▲ 22% vs 2024

€ 48,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 20,945

▲ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 29,561

▲ 45% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 534,986

▲ € 444,842 vs 2024

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

Taxes and wages

€ 49,937

▲ 85% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 577,139 Gross margin 2022: € 577,139 First fiscal year in the series	€ 502,044 Gross margin 2023: € 502,044 ▼ 13% vs 2022 (€ 577,139) Unfavourable step	€ 470,608 Gross margin 2024: € 470,608 ▼ 6% vs 2023 (€ 502,044) Unfavourable step	€ 636,413 Gross margin 2025: € 636,413 ▲ 35% vs 2024 (€ 470,608) Favourable step	▲ 35%
Profit after taxes	€ 99,630 Profit after taxes 2022: € 99,630 First fiscal year in the series	€ 23,625 Profit after taxes 2023: € 23,625 ▼ 76% vs 2022 (€ 99,630) Unfavourable step	€ 70,476 Profit after taxes 2024: € 70,476 ▲ 198% vs 2023 (€ 23,625) Favourable step	€ 134,356 Profit after taxes 2025: € 134,356 ▲ 91% vs 2024 (€ 70,476) Favourable step	▲ 91%
Equity	€ 354,503 Equity 2022: € 354,503 First fiscal year in the series	€ 333,128 Equity 2023: € 333,128 ▼ 6% vs 2022 (€ 354,503) Unfavourable step	€ 403,603 Equity 2024: € 403,603 ▲ 21% vs 2023 (€ 333,128) Favourable step	€ 537,959 Equity 2025: € 537,959 ▲ 33% vs 2024 (€ 403,603) Favourable step	▲ 33%
Total debts	€ 187,152 Total debts 2022: € 187,152 First fiscal year in the series	€ 144,844 Total debts 2023: € 144,844 ▼ 23% vs 2022 (€ 187,152) Favourable step	€ 138,068 Total debts 2024: € 138,068 ▼ 5% vs 2023 (€ 144,844) Favourable step	€ 776,435 Total debts 2025: € 776,435 ▲ € 638,367 vs 2024 (€ 138,068) Unfavourable step	▲ € 638,367
Cash	€ 272,999 Cash 2022: € 272,999 First fiscal year in the series	€ 275,607 Cash 2023: € 275,607 ▲ 1% vs 2022 (€ 272,999) Favourable step	€ 272,831 Cash 2024: € 272,831 ▼ 1% vs 2023 (€ 275,607) Unfavourable step	€ 321 Cash 2025: € 321 ▼ € 272,510 vs 2024 (€ 272,831) Unfavourable step	▼ € 272,510
Retained profit	€ 269,503 Retained profit 2022: € 269,503 First fiscal year in the series	€ 248,128 Retained profit 2023: € 248,128 ▼ 8% vs 2022 (€ 269,503) Unfavourable step	€ 318,603 Retained profit 2024: € 318,603 ▲ 28% vs 2023 (€ 248,128) Favourable step	€ 452,959 Retained profit 2025: € 452,959 ▲ 42% vs 2024 (€ 318,603) Favourable step	▲ 42%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 45,000 Dividend 2023: € 45,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 45,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 55,721 Bank debt 2022: € 55,721 First fiscal year in the series	€ 36,421 Bank debt 2023: € 36,421 ▼ 35% vs 2022 (€ 55,721) Favourable step	€ 20,320 Bank debt 2024: € 20,320 ▼ 44% vs 2023 (€ 36,421) Favourable step	€ 29,561 Bank debt 2025: € 29,561 ▲ 45% vs 2024 (€ 20,320) Unfavourable step	▲ 45%
Balance sheet total	€ 541,655 Balance sheet total 2022: € 541,655 First fiscal year in the series	€ 477,972 Balance sheet total 2023: € 477,972 ▼ 12% vs 2022 (€ 541,655) Unchanged	€ 541,672 Balance sheet total 2024: € 541,672 ▲ 13% vs 2023 (€ 477,972) Unchanged	€ 1,347,533 Balance sheet total 2025: € 1,347,533 ▲ 149% vs 2024 (€ 541,672) Unchanged	▲ 149%
Employees (FTE)	12.1 Employees (FTE) 2022: 12.1 First fiscal year in the series	12.5 Employees (FTE) 2023: 12.5 ▲ 0.4 vs 2022 (12.1) Unchanged	8 Employees (FTE) 2024: 8 ▼ 4.5 vs 2023 (12.5) Unchanged	9 Employees (FTE) 2025: 9 ▲ 1 vs 2024 (8) Unchanged	▲ 1

Key figures of MGS CONSTRUCTION, 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 MGS CONSTRUCTION?

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

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 134,356 (▲ 91% vs 2024). filed late Source: NBB ↗
2025 AG IMMO DEVELOPPEMENT SRL became a director. NBB
2025 DELANAYE SRL became a director. NBB
Mar 1, 2007 New establishment in Marchin. KBO
Feb 13, 2007 Start of the company according to the CBE. KBO

In short

From € 99,630 profit in 2022 to € 134,356 profit in 2025.

Paid € 83,552 in corporate taxes since 2022.

Best year ever: 2025, with € 134,356 profit.

On average € 70,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

AG IMMO DEVELOPPEMENT SRL DELANAYE SRL

WG CONCEPT

MGS CONSTRUCTION

Behind MGS CONSTRUCTION are AG IMMO DEVELOPPEMENT SRL and DELANAYE SRL. The same people are also behind WG CONCEPT.

Directors

According to the 2025 annual accounts

AG IMMO DEVELOPPEMENT SRL

Director · represented by Gaëtan Alardot

Also active at: WG CONCEPT

since 2025

DELANAYE SRL

Director · represented by Julian Delanaye

Also active at: WG CONCEPT

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Thier de Huy 46

4570 Marchin

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

AG IMMO DEVELOPPEMENT same network

€ 297,772 gross margin · 2025

MANON-GAËTAN

€ 202,281 gross margin · 2025

Dr. Manon ROSIMONT

€ 33,562 gross margin · 2025

AG IMMO CONSTRUCT

€ -36,869 gross margin · 2025

WG CONCEPT same network

€ 205,008 gross margin · 2025

+3 more

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

Details

Company number

0887.208.025

VAT number

BE 0887.208.025

Registered office

Thier de Huy 46, 4570 Marchin

Names & denominations

MGS CONSTRUCTION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 February 2007

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Bouwen van individuele huizen

Algemene bouw van residentiële gebouwen

Dakwerkzaamheden

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Dakbedekking en bouw van dakconstructies

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

MGS CONSTRUCTION

Financials

What happened to MGS CONSTRUCTION?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions