M&G
ActiveSummary
The computed 12-month bankruptcy probability of M&G is 6.7% (elevated). The 2024 annual accounts show equity of €27,809 and a net result of €10,283. Its solvency ranks better than 57% of 3542 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
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Signals
This company filed its last 2 accounts on average 188 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,718 | €8,748 | ▲ 222% |
| Other operating charges640/8 | €3,527 | €3,587 | ▲ 1.7% |
| Gross operating margin9900 | €18,802 | €22,690 | ▲ 20.7% |
| Operating profit (loss)9901 | €12,558 | €10,355 | ▼ 17.5% |
| Financial charges65/66B | €32 | €72 | ▲ 127% |
| Recurring financial charges65 | €32 | €72 | ▲ 127% |
| Profit (loss) for the period before taxes9903 | €12,526 | €10,283 | ▼ 17.9% |
| Profit (loss) for the period9904 | €12,526 | €10,283 | ▼ 17.9% |
| Profit (loss) for the period to be appropriated9905 | €12,526 | €10,283 | ▼ 17.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €69,312 | €62,329 | ▼ 10.1% |
| Fixed assets21/28 | €29,679 | €20,932 | ▼ 29.5% |
| Tangible fixed assets22/27 | €29,679 | €20,932 | ▼ 29.5% |
| Plant, machinery and equipment23 | €380 | €247 | ▼ 35.0% |
| Furniture and vehicles24 | €29,300 | €20,684 | ▼ 29.4% |
| Current assets29/58 | €39,632 | €41,397 | ▲ 4.5% |
| Amounts receivable within one year40/41 | €24,838 | €38,854 | ▲ 56.4% |
| Trade receivables40 | €19,838 | €33,725 | ▲ 70.0% |
| Other amounts receivable41 | €5,000 | €5,129 | ▲ 2.6% |
| Cash at bank and in hand54/58 | €14,238 | €1,189 | ▼ 91.6% |
| Deferred charges and accrued income490/1 | €556 | €1,354 | ▲ 143% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €69,312 | €62,329 | ▼ 10.1% |
| Equity10/15 | €17,526 | €27,809 | ▲ 58.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €12,526 | €22,809 | ▲ 82.1% |
| Amounts payable17/49 | €51,786 | €34,520 | ▼ 33.3% |
| Amounts payable within one year42/48 | €51,786 | €34,520 | ▼ 33.3% |
| Trade debts44 | €17,359 | €24,057 | ▲ 38.6% |
| Suppliers440/4 | €17,359 | €24,057 | ▲ 38.6% |
| Taxes, remuneration and social security45 | €34,427 | - | - |
| Taxes450/3 | €11,905 | - | - |
| Remuneration and social security454/9 | €22,522 | - | - |
| Other amounts payable47/48 | - | €10,463 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €12,526 | €10,283 | ▼ 17.9% |
| + Depreciation and write-downs630 | €2,718 | €8,748 | ▲ 222% |
| Operating cash flow (approximation) | €15,244 | €19,031 | ▲ 24.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€13,049 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0091/00M000 | Brussels | 2,738 m² | 1 · 245 m² | 11.8 m · 3 fl. |
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.