M&G PROJECT

Active

Private limited companyfounded 20233 yrs activeOverwinningsstraat 216, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0798.305.545

Summary

The computed 12-month bankruptcy probability of M&G PROJECT is 3.9% (moderate). The 2025 annual accounts show equity of €43,893 and a net result of €1,696. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 8200 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

M&G PROJECTActiveChecked score 49/100

Risk analysis Report Compare

What they do

General construction of residential buildings

NACE 41001General construction of buildings NACE 41201Floor and wall tiling NACE 43331

1 site

How big

€84,401total assets 2025

Staff: 0.3 FTE
Equity: €43,893
Profit: €1,696

Turnover not published (abridged schema)

Financially healthy?

49 Fair Checked score 2025

Bankruptcy chance 12 m: 3.9%

Who decides

Accounts filed 31 d late0 of 1 deed read

Why 49- Founded in 2023- Size: total assets €84,401- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 31 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 46% of its sector peers (NACE 41, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 77+3

equity 52.0% of total assets

Liquidity 38+10

short-term debt 48.0% · cash 9.4%

Profitability 71-29

return on assets 2.0%

Bankruptcy probability, 12 months

3.9% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,168 companies)

Founded in 2023 raises the probability for this profile
Size: total assets €84,401 raises the probability for this profile
Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Latest accounts 31 days late; 2 of the last 3 late raises the probability

Credit up to €2,000 at 30 days acceptable

Liquidity ample (current ratio 1.83 against 1.73 in 2024; short-term debt: 48% and cash: 9.4% of total assets), and 48% 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 41, micro). Better than this share of them on solvency 60%, liquidity 34%, profitability 44%, growth against the median 44%. 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.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €84,401

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Sector Construction of residential and non-residential buildings (NACE 41)

In the bankruptcy model this factor raises the probability.

KBO

Latest accounts 31 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filings

Deviation from the deadline

2025

31 d late

2024

6 d early

2023

49 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 25 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (3 of the last 3 filed years within 37 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage