Limited Liability Company (LLC)
MG Developer
MG Developer Spółka z Ograniczoną Odpowiedzialnością
Limited Liability Company (LLC)
MG Developer Spółka z Ograniczoną Odpowiedzialnością
MG Developer Spółka z Ograniczoną Odpowiedzialnością (KRS 0000952463, NIP 5732932786) is a Polish company, headquartered in Częstochowa, Śląskie voivodeship. MG Developer operates in: Construction of residential and non-residential buildings (PKD 41.20.Z). Industry: Building construction. The company has been listed in the National Court Register since February 8, 2022. MG Developer's most recently reported net revenue was 1.1 M PLN for 2024.
Negative equity
Negative equity in 1 of 3 available reporting years.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
Other activities
General codes (divisions and groups)
General codes indicate a PKD division or group without a specific subclass.
Founded
February 8, 2022
4 years in operation
Legal form
Limited Liability Company (LLC)
Registry: RejP
Headquarters
CZĘSTOCHOWA
ŚLĄSKIE
Primary PKD
41.20.Z
Construction of residential and non-residential buildings
Share capital
5.0 K PLN
50 shares total
Shareholders
2
shareholders
Board
1 person
Filed years
3 years
2022–2024 · profitable: 2/3
Registry entries
13
latest: June 18, 2026
Risk signals
Revenue
1.1 M PLN
2024
Net profit
119.6 K PLN
2024
Assets
2.6 M PLN
2024
Equity
179.2 K PLN
2024
EBITDA
N/A
2024
no depreciation data
Valuation
598.0 K PLN
High confidence
Credibility rating
57.8 / 100
Average credibility
Insolvency risk
Low
Elevated threat
Closure risk
9
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
0
0/4 yrs
Board changes
1
1/4 yrs
PKD changes
0
0/4 yrs
Name changes
0
0/4 yrs
Data from 4 years of registry activity.
Payment reliability score from 2022–2024
Current: C (58/100)
Trend: improving (+13.7 pts/year)
Moderate payment credibility - the company is able to meet its obligations, but some indicators warrant caution.
Standard limit from 2022–2024
Current: 266.9 K PLN
Safe: 120.1 K PLN

Explainer
Develia S.A. (KRS 0000253077), headquartered at ul. Gen. Romualda Traugutta 45 in Wrocław, is one of Poland's largest residential developers listed on the WSE. The company has operated under the "Develia" brand since 2019 (previously as LC Corp, part of Leszek Czarnecki's group). Listed on the WSE since 2007, it is an mWIG40 constituent with a four-member management board and a seven-member supervisory board. Per the 2025 financial statements: PLN 2.08bn revenue (+16% YoY) and PLN 443.5m net profit.

Explainer
Dom Development S.A. (KRS 0000031483), headquartered at Plac Piłsudskiego 3 in the heart of Warsaw, is the leader of Poland's residential development market. Founded in 1996 by Jerzy Ślusarski and listed on the WSE since 2006, the company is an mWIG40 constituent. Its 2025 financial statements show revenue of PLN 3.26bn and net profit of PLN 654m (up 15% year on year). Active in four main markets: Warsaw (its core), Tricity, Wrocław and Kraków. A five-member management board and an eight-member supervisory board.

Explainer
Echo Investment S.A. (KRS 0000007025), headquartered at Al. Solidarności 36 in Kielce, is the only mWIG40 Polish developer combining three segments: residential, office and retail. Founded in the 1990s by Michał Sołowow, the company has been listed on the WSE since 1996 (one of the longest-listed Polish developers). Since 2016 control has been held by US funds Pimco and Oaktree. Its 2025 financial statements show revenue of PLN 2.01bn and a net loss of PLN 33.5m. A five-member management board and an eight-member supervisory board.

News
Warsaw-based Erbud S.A. (KRS 0000268667) – a general contractor with three business legs (traditional construction, Onde renewables, a wood-modular factory) – closed 2025 with consolidated revenue of PLN 3.23bn (-16% YoY) and net profit of PLN 10m (+20%). Backlog: PLN 2.55bn. The Onde renewables segment (PLN 45.3m EBIT, +171% YoY) and foreign industrial services (PLN 23.5m, +127%) were the winners; the wood-modular factory (-PLN 35m), domestic traditional construction (-PLN 25m) and foreign traditional construction (-PLN 22m) all lost money. The board announced a strategic-options review for 2026. Dividend: PLN 1.68 per share (PLN 20m), under a policy of 30–70% of consolidated profit.
Latest reporting year
2025
Available years
4
Filing entries
0
13 historical registry entries for MG Developer
Filing documents submitted (2 documents)
Board change
CZ.XVII NS-REJ.KRS/2868/24/98
Filing documents submitted (2 documents)
Change in Section 1 (basic data)
CZ.XVII NS-REJ.KRS/2868/24/98/ADE
Filing documents submitted (2 documents)
People holding roles at MG Developer according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
Competing companies or those operating in the same market segment as MG Developer (industry: Building construction).
KATOWICE· Building construction
Revenue 2024: 1.5 M PLN
SOSNOWIEC· Building construction
Revenue 2023: 1.5 M PLN
RADZIONKÓW· Building construction
Revenue 2025: 1.2 M PLN
GLIWICE· Building construction
Revenue 2024: 1.2 M PLN
CZĘSTOCHOWA· Building construction
Revenue 2025: 1.0 M PLN
BIELSKO-BIAŁA· Building construction
Revenue 2025: 838.7 K PLN
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
MG Developer has 2 shareholders.
No - MG Developer's share capital is split between several shareholders.
MG Developer's board has 1 member.
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