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.
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency75-25
equity 50.3% of total assets
Liquidity69+7
short-term debt 34.6% · cash 27.5%
Profitability87-13
return on assets 14.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 15.2%12-2024: 16.1%▲ +0.9 percentage points vs 11-2024highest value01-2025: 3.9%▼ -12.2 percentage points vs 12-202402-2025: 3.9%● unchanged vs 01-202503-2025: 3.9%● unchanged vs 02-202504-2025: 4.0%▲ +0.1 percentage points vs 03-202505-2025: 4.0%● unchanged vs 04-202506-2025: 3.8%▼ -0.2 percentage points vs 05-2025lowest value07-2025: 3.9%▲ +0.1 percentage points vs 06-202508-2025: 5.4%▲ +1.5 percentage points vs 07-202509-2025: 6.0%▲ +0.6 percentage points vs 08-202510-2025: 9.3%▲ +3.3 percentage points vs 09-202511-2025: 9.7%▲ +0.4 percentage points vs 10-202512-2025: 11.3%▲ +1.6 percentage points vs 11-202501-2026: 14.2%▲ +2.9 percentage points vs 12-202502-2026: 14.2%● unchanged vs 01-202603-2026: 14.3%▲ +0.1 percentage points vs 02-202604-2026: 13.1%▼ -1.2 percentage points vs 03-202605-2026: 8.6%▼ -4.5 percentage points vs 04-202606-2026: 8.5%▼ -0.1 percentage points vs 05-202607-2026: 8.5%● unchanged vs 06-202608-2026: 10.5%▲ +2.0 percentage points vs 07-202609-2026: 10.5%● unchanged vs 08-202610-2026: 10.5%● unchanged vs 09-2026
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.
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.
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 office2 leftView
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)