M.G.S.
The computed 12-month bankruptcy probability of M.G.S. is 0.6% (low). The 2024 annual accounts show equity of €109k and a net result of €19k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 6696 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €109k |
| Net result | €19k |
| Better than sector | 85% |
| Active | 25 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.5% | 20.4% | |
| Net result | €19k | €4k | |
| Equity | €109k | €16k | |
| Gross operating margin | €27k | €24k | |
| Total assets | €167k | €94k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €26k |
| Net profit | €19k |
| Cash flow | €25k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | €100k |
| Total assets | €167k |
| Equity | €109k |
| Debt | €58k |
| of which ≤ 1y | €58k |
| of which > 1y | - |
| Working capital | €94k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.64 |
| Quick ratio | 2.61 |
| Working capital ratio | 56.4% |
| Solvency | 65.5% |
| Debt / equity | 0.53 |
| Long-term debt ratio | - |
| Interest coverage | 25.50 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.7% |
| ROE | 17.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €167k |
| Fixed assets | 21/28 | €15k |
| Intangible fixed assets | 21 | €12k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €850 |
| Current assets | 29/58 | €152k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €33k |
| Investments | 50/53 | €98k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €167k |
| Equity | 10/15 | €109k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €108k |
| Amounts payable | 17/49 | €58k |
| Amounts payable within one year | 42/48 | €58k |
| Trade debts payable within one year | 44 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €21k |
| Financial income | 75 | €7k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €27k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €19k |
| Result to be appropriated | 9905 | €19k |
| NACE primary | Retail trade(47639) |
| Legal form | Private limited company(610) |
| Incorporation | 29-12-2000 |
| Status | Active |
| Postal code | 8301 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336H0980/00B000 | Flanders | 237 m² | 1 · 87 m² | 9.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-04-2022 All shares are now held by a single shareholder
Technical details
{
"events": [
{
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],
"notary": {
"name": "Brecht REYNTJENS",
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"office_city": "Wingene",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-04-12",
"filing_date": "2022-04-08",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, KAPITAAL, AANDELEN, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), MAATSCHAPPELIJKE ZETEL"
},
"decision": {
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"act_date": "2022-03-28",
"unanimous": true,
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"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0473.641.003",
"name_full": "M.G.S.",
"legal_form": "Besloten vennootschap met beperkte aansprakelijkheid",
"is_foreign_registered": false
},
"publication_proxy": {
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"org_kbo": null,
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"person_name": null,
"org_rep_person_name": null,
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},
"co_filed_documents": [
"afschrift van de akte",
"verslag bestuursorgaan",
"geco\u00F6rdineerde statuten"
],
"shareholders_after": [],
"share_classes_after": [
{
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"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
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}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | M.G.S. |