M.G.N.
ActiveFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
M.G.N. has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30,783 and a net result of €15,672. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 93% of 18,734 sector peers (NACE 56, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
KBO- Status
- Active since 21-02-1995 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Rue Arnold Delsupexhe 36, 4040 Herstal
- Activity
- Cafés and bars NACE 56301and 1 other
- Establishment unit
- 2.264.015.137 4040 Herstal, since 21-02-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €23,473
- ▼ 63.7%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €15,672
- Equity
- €30,783
- ▲ 104%
- Total assets
- €36,578
- ▼ 29.2%
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 30-09-2025)Size: total assets €36,578lowers riskFounded in 1995Equity €30,783 (84.2% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 75% on liquidity, 93% on profitability and 90% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 33 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 29-09-2025
- Annual accounts 2023filed on 27-08-2024
- Annual accounts 2022filed on 01-09-2023
- Annual accounts 2021filed on 24-08-2022
Acts in the Belgian Official Gazette
- Capital & shares · Resignations & appointmentsact of 05-06-2024
- Resignations & appointmentsact of 26-07-2023
- Resignations & appointmentsact of 23-05-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about M.G.N.
- What is the company number of M.G.N.?
- The company number of M.G.N. is 0454.495.775. The VAT number is the same number with BE in front: BE 0454.495.775.
- Where is M.G.N. based?
- The registered office is at Rue Arnold Delsupexhe 36, 4040 Herstal.Company details
- What does M.G.N. do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of M.G.N.?
- The legal form of M.G.N. is Private limited company (pre-2019) (BVBA).
- When was M.G.N. founded?
- M.G.N. was founded on 21-02-1995.
- Is M.G.N. still active?
- Yes, M.G.N. is an active enterprise in the KBO register.
- How many employees does M.G.N. have?
- M.G.N. had an average of 4.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of M.G.N.?
- The turnover in financial year 2024 is ≈ €240,000. This figure is estimated from the gross margin of €23,473 and 103 comparable companies (NACE 56301). It probably lies between €120,000 and €530,000. It is a rough estimate. In financial year 2021 turnover was €0.
- Is M.G.N. profitable?
- In financial year 2024, M.G.N. made a profit of €15,672.
- Where can I find the annual accounts of M.G.N.?
- M.G.N. filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
Comparable companies
These companies have the same main activity as M.G.N.: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €31,900 and €40,900, founded between 1991 and 1999.
| Company | Total assets | Gross margin |
|---|---|---|
| M.G.N. Herstal | €36,578 | €23,473 |
| MANADA Antwerpen | €38,087 | €25,114 |
| EKIKI Antwerpen | €37,618 | €27,248 |
| CAMAROVA Ukkel | €33,301 | €22,095 |
| DODGE La Louvière | €40,886 | €20,969 |
| DE SJAKOSJ Gent | €36,977 | €22,393 |
| Tahamata Boom | €31,946 | €20,066 |
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