M@G
ActiveSummary
The computed 12-month bankruptcy probability of M@G is 2.3% (moderate). The 2025 annual accounts show negative equity (-€613,801) and a net result of -€243,849. Equity is shrinking by about 52% per year across the filed financial years. Its solvency ranks better than 5% of 11,186 sector peers (NACE 68, financial year 2025). The company has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- M@G
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “5, raad van bestuur” (deed in Dutch)deed of 03-12-2024
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deeddeed of 05-01-2024
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste van overdrager en andere helft ten laste van koper(s) naar evenredigheid met verworven aantal bij meer dan één koper…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Zoals inzake statutenwijziging, algemene vergadering” (deed in Dutch)“Vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “32, een of meerdere vereffenaars aanduiden,bevoegdheden en vergoeding bepalen” (deed in Dutch)