MG Real Estate SA
14.0 FTEMG Real Estate reported revenue of €13.7m for the 2025 financial year (annual accounts filed with the NBB on 16 Jun 2026), with 14 full-time equivalents.
By total assets for 2025, MG Real Estate ranks among the 500 largest of the 24,102 companies in its sector (NACE 6421) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of MG Real Estate shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue -26 % Equity +4 % Total assets +69 % Headcount (avg FTE) -22 %
Accounts of the company itself (not consolidated).
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
MG Real Estate's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €13.7m | ||||
| Net result | €16.7m | ||||
| Equity | €165.4m | ||||
| Cash | €7.68m | ||||
| EBITDA | −€8.71m | ||||
| Total assets | €378.2m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 16 Jun 2026
- Year ended 31 Dec 2024filed on 12 Aug 2025
- Year ended 31 Dec 2023filed on 12 Aug 2024
- Year ended 31 Dec 2022filed on 19 Jun 2023
- Year ended 31 Dec 2021filed on 30 Jun 2022
MG Real Estate's financial analysis
- Solvency43.7%sector median: 55.6%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of MG Real Estate
MG Real Estate's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0861.589.434
- VAT number
- BE0861589434
- Peppol
- Registered · 0208:0861589434 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 12 Nov 2003
- Registered office
- 9000 Ghent
- Size
- Small · 14.0 FTE
- Latest accounts
- 2025 · filed on 16 Jun 2026
- Activity
- Activities of holding companies (NACE 64210)
MG Real Estate (SA) has been based in Ghent since 2003, active in: activities of holding companies. For 2025, it reports revenue of €13.7m, a net profit of €16.7m and equity of €165.4m. With 14.0 full-time equivalents, it is a small enterprise by headcount. Its solvency stands at 43.7%, below the median of its sector (55.6%).
Guide: Reading Belgian SME accounts: the five figures that count →
Companies similar to MG Real Estate
Companies in the same business, of comparable size and area, outside its group.
- ION Holding Activities of holding companies Waregem · balance sheet €142.1m
- Baltisse Real Estate Rental and operating of own or leased real estate Ghent · balance sheet €329.6m
- Krest Real Estate Investments Development of building projects Ixelles · balance sheet €108.6m
- Tuaka Activities of holding companies Hasselt · balance sheet €49.9m
- MG Immo Development of building projects Brussels · balance sheet €34.0m
- Luso Invest Activities of holding companies Brussels · balance sheet €42.2m
- L’Avenir 21 Development of building projects Herentals · balance sheet €23.0m
- Infinito Holding Development of building projects Brussels · balance sheet €105.2m
Frequently asked questions about MG Real Estate
What is the revenue of MG Real Estate?
According to the 2025 annual accounts filed with the NBB, the revenue of MG Real Estate amounts to 13,676,463 €.
What is the VAT number of MG Real Estate?
In Belgium, the VAT number is the company number prefixed with BE: BE0861589434 for MG Real Estate, if the company is VAT-registered. Its company number (CBE) is 0861.589.434.
Where is the registered office of MG Real Estate?
According to the CBE register, the registered office of MG Real Estate is in 9000 Ghent.
What is the equity of MG Real Estate?
At the close of the 2025 financial year, the equity of MG Real Estate amounts to 165,350,878 €, a solvency of 43.7% of total assets.
How many people work at MG Real Estate?
14.0 full-time equivalents on average according to the 2025 social balance sheet.
Who manages MG Real Estate?
The register lists 11 active mandates at MG Real Estate. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is MG Real Estate within its sector?
By total assets for 2025, MG Real Estate ranks among the 500 largest of the 24,102 companies in its sector (NACE 6421) in Belgium that filed accounts for that financial year.
The full file of MG Real Estate
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →