M & G
A bankruptcy procedure is open for M & G according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €340k and a net result of €9k.
| Equity | €340k |
| Net result | €9k |
| Staff (FTE) | 6.3 |
| Better than sector | 89% |
Fragile profile — watch stability in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.9% | 10.3% | |
| Net result | €9k | €7k | |
| Equity | €340k | €38k | |
| Gross operating margin | €268k | €146k | |
| Staff costs | €218k | €150k |
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €46k |
| Net profit | €9k |
| Cash flow | €24k |
| Staff costs | €218k |
| Income taxes | €4k |
| Dividends | — |
| Total assets | €587k |
| Equity | €340k |
| Debt | €247k |
| of which ≤ 1y | €247k |
| of which > 1y | — |
| Working capital | €244k |
| Employees (FTE) | 6.3 |
| 2023 | |
|---|---|
| Current ratio | 1.99 |
| Quick ratio | 0.20 |
| Working capital ratio | 41.5% |
| Solvency | 57.9% |
| Debt / equity | 0.73 |
| Long-term debt ratio | — |
| Interest coverage | 2.54 |
| Gross margin | — |
| Net margin | — |
| ROA | 1.6% |
| ROE | 2.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €587k |
| Fixed assets | 21/28 | €97k |
| Tangible fixed assets | 22/27 | €97k |
| Current assets | 29/58 | €490k |
| Stocks & contracts in progress | 3 | €441k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €27k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €587k |
| Equity | 10/15 | €340k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €57k |
| Accumulated profits (losses) | 14 | €265k |
| Amounts payable | 17/49 | €247k |
| Amounts payable within one year | 42/48 | €247k |
| Trade debts payable within one year | 44 | €92k |
| Income statement | ||
| Gross operating margin | 9900 | €268k |
| Operating result | 9901 | €31k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €13k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | STéPHANE VAN MOORLEGHEM MECHELSE-
STEENWEG 271/8.1, 2018 ANTWERPEN 1 |
16-10-2025 → present | Belgian State Gazette |
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
12-12-2024 → present | Belgian State Gazette |
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 16-05-2012 |
| Status | Active |
| Postal code | 2600 |
| First BS signal | 18-12-2024 |
| Latest BS signal | 22-10-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 fl. |
| 11811L3609/00B002 | Flanders | 517 m² | 1 · 229 m² | 17.6 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-02-2025 Registered office moved within Antwerpen
- Brederodestraat 34, 2018 Antwerpen → Uitbreidingsstraat 66 bus 26, 2600 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Uitbreidingsstraat 66 bus 26, 2600 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Uitbreidingsstraat",
"country": "BE",
"postcode": "2600",
"box_number": "26",
"street_number": "66",
"locality_suffix": null
},
"old_address": {
"raw": "Brederodestraat 34, 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Brederodestraat",
"country": "BE",
"postcode": "2018",
"box_number": null,
"street_number": "34",
"locality_suffix": null
},
"effective_date": "2025-01-13",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2025-02-02",
"act_kind_objet": "wijziging adres"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-01-13",
"unanimous": null
},
"subject_company": {
"kbo": "0846.014.501",
"name_full": "M \u0026 G",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Libertas BV",
"person_name": null,
"org_rep_person_name": "M\u00FCcahit Onur",
"person_role_at_subject": null
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | M & G |