M.G.S.
ActiveSummary
M.G.S. has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,420 and a net result of €10,675. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 74% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 29-12-2000 Normal situation
- Activity
- Retail sale of other sporting goods NACE 47639
- Establishment unit
- 2.101.175.693 8301 Knokke-Heist, since 26-01-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Board and ownership
- LOWYC CommV.Director · permanent representative Marcus Loeffen
- LOWYCK COMM.V.consolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €17,879
- ▼ 33.4%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €10,675
- ▼ 45.3%
- Equity
- €89,420
- ▼ 18.3%
- Total assets
- €146,437
- ▼ 12.3%
Score breakdownraises riskName on a sanctions listSize: total assets €146,437Sector: Retail trade (NACE 47)lowers riskFounded in 2000Equity €89,420 (61.1% of total assets)Show the evidence
Checked score
About 3 in 1,000 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 47, micro). It does better than 74% of them on solvency, 42% on liquidity, 67% on profitability and 21% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Name match with a sanctions list
1 entryA matching name does not mean the company is on the list. Check the entry at the source.
Key points
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: Marcus Loeffen (director) · Appointment: LOWYC CommV. (director) · Permanent representative: Marcus Loeffen
- · Gazette deed Registered office moved within Knokke-HeistNew seat: 8301 Knokke-Heist, Felix Timmermansstraat 10 · Previous seat: 8301 Knokke-Heist, Azalealaan 3 · Appointments: Loeffen Marcus (director) and Peijnenburg Robertus (opvolgend gewone bestuurder)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as M.G.S.: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €117,000 and €157,000, founded between 1993 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| M.G.S. Knokke-Heist | €146,437 | €17,879 |
| GYM A GYM Mouscron | €150,620 | €17,379 |
| ANRO Heusden-Zolder | €146,902 | €20,684 |
| MONDELEC Brussel | €147,498 | €14,285 |
| RIBAUCOURT SPORT Sint-Jans-Molenbeek | €157,232 | €10,958 |
| RANDORAID COMMUNICATION Couvin | €116,967 | €14,326 |
| PROTEN Charleroi | €116,832 | €24,312 |
Key facts about M.G.S.
- What is the company number of M.G.S.?
- The company number of M.G.S. is 0473.641.003. The VAT number is the same number with BE in front: BE 0473.641.003.
- Where is M.G.S. based?
- The registered office is at Felix Timmermansstraat 10, 8301 Knokke-Heist.Company details
- What does M.G.S. do?
- According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
- What is the legal form of M.G.S.?
- The legal form of M.G.S. is Private limited company (BV).
- When was M.G.S. founded?
- M.G.S. was founded on 29-12-2000.
- Is M.G.S. still active?
- Yes, M.G.S. is an active enterprise in the KBO register.
- What is the turnover of M.G.S.?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €17,879 and 42 comparable companies (NACE 476). It probably lies between €68,000 and €290,000. It is a rough estimate.Financials
- Is M.G.S. profitable?
- In financial year 2025, M.G.S. made a profit of €10,675.
- Where can I find the annual accounts of M.G.S.?
- M.G.S. filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.G.S. due?
- M.G.S. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.