Financials
- Fiscal year
- 2025
- Total assets
- €502,618
- Profit
- €29,250
- Solvency
- 69.6%
M&G
ActiveSummary
M&G has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349,827 and a net result of €29,250. Its solvency ranks better than 68% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Performing arts by independent artists
NACE 90201NACE 90011
#4 company by equity in Brasschaat, Arts, sports and recreation sector1 site
Size
€502,618total assets 2025
- Equity
- €349,827
- Profit
- €29,250
Turnover not published (abridged schema)
Structure
Accounts 4 d early0 of 4 deeds read
Why 69- Liquidity: current ratio 1.40, cash €102- 1 change of registered office in 24 months+ Sector Arts creation and performing arts activities (NACE 90)+ Size: total assets €502,618Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 53% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
95
equity 69.6% of total assets
Liquidity
49
short-term debt 10.8% · cash 0.0%
Profitability
76
return on assets 5.8%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 0.7%lowest value
07-2026: 0.7%● 0.0% vs 06-2026lowest value
08-2026: 0.7%▲ +2.3% vs 07-2026highest value
09-2026: 0.7%● 0.0% vs 08-2026highest value
10-2026: 0.7%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 1.40, cash €102 raises the probability
- 1 change of registered office in 24 months raises the probability
- Sector Arts creation and performing arts activities (NACE 90) lowers the probability
- Size: total assets €502,618 lowers the probability for this profile
Credit up to €24,000 at 30 days acceptable
Liquidity tight (current ratio 1.4; short-term debt: 10.8% and cash: 0% of total assets), and 30.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 70%, liquidity 33%, profitability 56%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 27-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Performing arts by independent artistsNACE 90201
- Founded
- 15-01-2008
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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