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M-G SERVICES

Active
Private limited companyfounded 2018active for 8 yearsVan Souststraat 105, 1070 Anderlecht, BelgiumKBO/BCE: BE 0690.966.731

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of M-G SERVICES is 10.5% (high). For M-G SERVICES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €70,878 and a net result of €20,087. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 5,967 sector peers (NACE 49, financial year 2023). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 26-02-2018 Normal situation
Legal form
Private limited company
Registered office
Van Souststraat 105, 1070 Anderlecht
Activity
On-demand passenger transport by chauffeured vehicle NACE 49330and 2 others
Establishment unit
2.273.649.118 since 13-03-2018
Financial year end
31 December
Peppol
Reachable since 13-01-2026

How it is doing

Bankruptcy probabilitywithin 12 months
10.5%
2023 figures too old to score
Annual accounts 2023
Gross margin
€74,370
▼ 2.7%
Turnover
≈ €190,000
estimated
Profit
€20,087
▼ 51.6%
Equity
€70,878
▲ 39.5%
Total assets
€140,850
▲ 129%
Staff
≈ 0.1 FTE
estimated
2024 accounts not filed, 458 days past the deadline
Filed on 09-12-2024PDF
Signalsraises riskFigures for financial year 2023 (filed 10-12-2024)2 financial years not filed after the legal deadline; last filed accounts filed 131 days late; 3 of the last 3 lateSize: total assets €140,850Two or more financial years not filed2023 accounts filed 131 days latelowers riskLiquidity: current ratio 1.67, cash €38,720Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 75-25
equity 50.3% of total assets
Liquidity 69+7
short-term debt 34.6% · cash 27.5%
Profitability 87-13
return on assets 14.3%
Bankruptcy probability, 12 months
10.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 15.2% 12-2024: 16.1%▲ +0.9 percentage points vs 11-2024highest value 01-2025: 3.9%▼ -12.2 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 4.0%● unchanged vs 04-2025 06-2025: 3.8%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 3.9%▲ +0.1 percentage points vs 06-2025 08-2025: 5.4%▲ +1.5 percentage points vs 07-2025 09-2025: 6.0%▲ +0.6 percentage points vs 08-2025 10-2025: 9.3%▲ +3.3 percentage points vs 09-2025 11-2025: 9.7%▲ +0.4 percentage points vs 10-2025 12-2025: 11.3%▲ +1.6 percentage points vs 11-2025 01-2026: 14.2%▲ +2.9 percentage points vs 12-2025 02-2026: 14.2%● unchanged vs 01-2026 03-2026: 14.3%▲ +0.1 percentage points vs 02-2026 04-2026: 13.1%▼ -1.2 percentage points vs 03-2026 05-2026: 8.6%▼ -4.5 percentage points vs 04-2026 06-2026: 8.5%▼ -0.1 percentage points vs 05-2026 07-2026: 8.5%● unchanged vs 06-2026 08-2026: 10.5%▲ +2.0 percentage points vs 07-2026 09-2026: 10.5%● unchanged vs 08-2026 10-2026: 10.5%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 10-12-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 131 days late; 3 of the last 3 late
NBB · filings
raises risk · Size: total assets €140,850
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.67, cash €38,720
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline01-11-2026 today
raises risk · 2023 accounts filed 131 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-12-2024, 131 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
131 days late
2022
121 days late
2021
31 days late
2020
26 days early
2019
88 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 69 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Directors leftlatest change 12-06-2026 · 2 in office 2 left View

Documents

Annual accounts at the NBB

All 5 annual accounts

Articles and registers

Key facts about M-G SERVICES

What is the company number of M-G SERVICES?
0690.966.731. In Belgium the VAT number is the company number with BE in front: BE 0690.966.731.
Where is M-G SERVICES based?
The registered office is at Van Souststraat 105, 1070 Anderlecht.Company details
What does M-G SERVICES do?
According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of M-G SERVICES?
Private limited company (BV).
When was M-G SERVICES founded?
On 26-02-2018.
Is M-G SERVICES still active?
Yes, M-G SERVICES is an active enterprise in the KBO register.
What is the turnover of M-G SERVICES?
≈ €190,000 in financial year 2023. Estimated from the gross margin of €74,370: probably between €140,000 and €270,000, based on 34 comparable companies, NACE 49330. In financial year 2020 turnover was €18,992.Financials
Is M-G SERVICES profitable?
In financial year 2023, M-G SERVICES made a profit of €20,087.
Where can I find the annual accounts of M-G SERVICES?
M-G SERVICES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2023.Annual accounts 2023 (PDF)

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