M&G MANAGEMENT
ActiveM&G MANAGEMENT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+56
Solvency28▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.66 in 2023; short-term debt: 24.6% and cash: 0% of total assets), and 97.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.7%
Return on assets
2.8%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
33 d late
2022
9 d early
2021
28 d early
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k
2023 · €-289
2018: €14k
2019: €25k
2020: €56k
2021: €38k
2022: €14k
2023: €-289
2018 → 2024
Total assets
€301k▲ 3.0%
2023 · €292k
2018: €60k
2019: €64k
2020: €84k
2021: €391k
2022: €279k
2023: €292k
2018 → 2024
Net result
€9k
2023 · €-14k
2018: €8k
2019: €11k
2020: €31k
2021: €-8k
2022: €-36k
2023: €-14k
2018 → 2024
Working capital
€-19k▲ 0.8%
2023 · €-19k
2018: €8k
2019: €19k
2020: €46k
2021: €114k
2022: €8k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€38k▼ 32.6%€14k▼ 63.3%€-289€8k
Operating result€41k-€-6k€-29k▼ 380%€-10k▲ 65.8%€12k
Net result€31k-€-8k€-36k▼ 341%€-14k▲ 61.1%€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€246k▼ 3.2%
Current assets
€55k▲ 44.7%
Equity and liabilities €301k
Equity
€8k
Debt
€292k
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€21k▲
2023 · €134
Cash flow
€17k▲
2023 · €-4k
Solvency
2.7%▲
2023 · -0.1%
Current ratio
0.74▲
2023 · 0.66
Quick ratio
0.74▲
2023 · 0.66
Debt / equity
35.46
ROE
103.5%
ROA
2.8%▲
2023 · -4.8%
Interest coverage
5.66▲
2023 · 0.04
Debt
€292k▲
2023 · €292k
Debt ≤ 1 year
€74k▲
2023 · €57k
Debt > 1 year
€218k▼
2023 · €235k
Income taxes
€293▼
2023 · €334
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€292k€301k▲
Fixed assets21/28€254k€246k▼
Tangible fixed assets22/27€250k€242k▼
Land and buildings22€249k€241k▼
Furniture and vehicles24€1k€266▼
Financial fixed assets28€4k€4k=
Current assets29/58€38k€55k▲
Amounts receivable within one year40/41€23k€45k▲
Trade receivables40€7k€28k▲
Other amounts receivable41€16k€16k▲
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€3k€0▼
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€292k€301k▲
Equity10/15€-289€8k▲
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-37k€-29k▲
Amounts payable17/49€292k€292k▲
Amounts payable after more than one year17€235k€218k▼
Financial debts170/4€235k€218k▼
Amounts payable within one year42/48€57k€74k▲
Current portion of amounts payable after more than one year42€16k€17k▲
Financial debts43€61€44▼
Credit institutions430/8€61€44▼
Trade debts44€535€5k▲
Suppliers440/4€535€5k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€37k€46k▲
Accrued charges and deferred income492/3€340€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€8k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€1k€22k▲
Operating profit (loss)9901€-10k€12k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-14k€9k▲
Income taxes67/77€334€293▼
Profit (loss) for the period9904€-14k€9k▲
Profit (loss) for the period to be appropriated9905€-14k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-29k▲
Profit (loss) brought forward from the previous period14P€-23k€-37k▼
Transfer from equity791/2€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €31k ▲193%
Operating result €41k, net result €31k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baasbergstraat 481600 Sint-Pieters-LeeuwGround area
1,007 m²
Building footprint
136 m²
Volume, LiDAR
921 m³
Parcel 23061A0057/00E000, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M&G MANAGEMENT
since 20182.274.778.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23061A0057/00E000 | Flanders | 1,006 m² | 1 · 136 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 20,809 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.