Securities
€445,000
Mortgages, new in 2025. 2.5 times equity · not in the 2024 accounts.
MGT IMMO
Lifetime
19 annual accounts with figures on one time axisGross marginpeak €343,405 (2013)
€30,739▼ 0.8%
Resultlowest -€6,747 (2014)
€4,592▼ 58.2%
Equitypeak €278,188 (2020)
€180,896▲ 2.6%
Debts
€321,509▼ 9.6%
Staffpeak 6 FTE (2013)
-not published
Board1 name since 2025
1 directorLAGAE Chloé Véronique
Owners
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Result from €10,993 to €4,592Company renamed from M&G TOITURES to MGT IMMO 08-04Cash from €2,596 to €687
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 41% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.9%▲ +0.1 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -1.3 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 0.2%▼ -0.6 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 28.39, cash €687, halved
lowers risk
Size: total assets €579,147
Figures for financial year 2025 (filed on 13-08-2026)
Founded in 2007
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 (no NACE code, micro). It does better than 34% of them on solvency, 39% on liquidity, 36% on profitability and 56% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as MGT IMMO has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of MGT IMMO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for MGT IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 28.39 (5.34 in 2024), above the usual 1.5. Short-term debt is 1.3% and cash 0.1% of total assets. However, 68.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 12 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
12 days late
2024
16 days late
2023
22 days late
2022
60 days late
2021
115 days late
2020
150 days late
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 56 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886202985
Company renamed from M&G TOITURES to MGT IMMO
Capital decrease of €11,600 · Change of role: LAGAE Chloé Véronique, from manager to director · “nouvel objet” (deed in French) · General meeting of 03-04-2025 · Gazette deed
First establishment
M ET G TOITURES, Menenstraat 20, Mouscron
Incorporation
published on 16-01-2007 · Gazette deed
Official details
Source: KBO- Status
- Active since 02-01-2007Normal situation
- Registered office
- 43 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 6 November 2026.
- Activity
- “La constitution, la gestion et la valorisation d'un patrimoine immobilier notamment par l'achat, la…” (deed in French)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.159.469.1317700 Mouscron, since 12-02-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Annual accounts 2025
- Turnover
- ≈ €120,000estimated
- Total assets
- €579,147▼ 5.4%
- Filing
- Filed on 12-08-2026
Insights on MGT IMMO
MGT IMMO files the micro format. That format states no turnover. The gross margin fell from €103,103 in 2007 to €30,739 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MGT IMMO
- What is the company number of MGT IMMO?
- The company number of MGT IMMO is 0886.202.985. The VAT number is the same number with BE in front: BE 0886.202.985.
- Where is MGT IMMO based?
- The registered office is at Menenstraat 20C13, 7700 Mouscron.Company details
- What is the legal form of MGT IMMO?
- MGT IMMO is a private limited company (BV).
- When was MGT IMMO founded?
- MGT IMMO was founded on 02-01-2007.
- Is MGT IMMO still active?
- Yes, MGT IMMO is an active enterprise in the KBO register.
- What is the turnover of MGT IMMO?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €30,739 and 2,946 comparable companies of the same size. It probably lies between €74,000 and €220,000. It is a rough estimate. In financial year 2023 turnover was €38,500.Financials
- Is MGT IMMO profitable?
- In financial year 2025, MGT IMMO made a profit of €4,592.
- Where can I find the annual accounts of MGT IMMO?
- MGT IMMO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MGT IMMO due?
- MGT IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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