M GROUP
ActiveSummary
The computed 12-month bankruptcy probability of M GROUP is 1.6% (moderate). The 2024 annual accounts show equity of €1,396 and a net result of €6,890. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 55 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €301 | - | €109 | €141 | ▲ 28.9% |
| Gross operating margin9900 | €5,712 | -€2,196 | -€14,787 | €247 | €7,030 | ▲ 2,746% |
| Operating profit (loss)9901 | €5,354 | -€2,497 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Financial charges65/66B | - | €165 | - | - | - | - |
| Recurring financial charges65 | €421 | €165 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €4,933 | -€2,662 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Profit (loss) for the period9904 | €4,933 | -€2,662 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Profit (loss) for the period to be appropriated9905 | €4,933 | -€2,662 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17,824 | €22,144 | €13,838 | €722 | €13,240 | ▲ 1,733% |
| Current assets29/58 | €17,824 | €22,144 | €13,838 | €722 | €13,240 | ▲ 1,733% |
| Stocks and contracts in progress3 | €594 | €1,890 | €6,615 | - | - | - |
| Stocks30/36 | - | €1,890 | €6,615 | - | - | - |
| Amounts receivable within one year40/41 | €11,572 | €9,245 | €1,369 | €713 | €12,134 | ▲ 1,602% |
| Trade receivables40 | - | €5,059 | €1,369 | - | €11,315 | - |
| Other amounts receivable41 | - | €4,186 | - | €713 | €819 | ▲ 14.8% |
| Cash at bank and in hand54/58 | €5,092 | €9,498 | €4,776 | - | €1,106 | - |
| Deferred charges and accrued income490/1 | - | €1,511 | €1,078 | €9 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17,824 | €22,144 | €13,838 | €722 | €13,240 | ▲ 1,733% |
| Equity10/15 | €11,817 | €9,155 | -€5,632 | -€5,494 | €1,396 | ▲ 125% |
| Contributions10/11 | - | €21,000 | €21,000 | €21,000 | €21,000 | = |
| Profit (loss) carried forward14 | -€9,183 | -€11,845 | -€26,632 | -€26,494 | -€19,604 | ▲ 26.0% |
| Amounts payable17/49 | €6,007 | €12,990 | €19,470 | €6,216 | €11,845 | ▲ 90.5% |
| Amounts payable after more than one year17 | - | - | €1,500 | - | - | - |
| Other amounts payable178/9 | - | - | €1,500 | - | - | - |
| Amounts payable within one year42/48 | €5,989 | €12,990 | €17,946 | €6,216 | €11,845 | ▲ 90.5% |
| Trade debts44 | €5,028 | €11,314 | €1,128 | - | €141 | - |
| Suppliers440/4 | - | €11,314 | €1,128 | - | €141 | - |
| Taxes, remuneration and social security45 | - | €1,675 | €1,753 | €3,605 | €3,605 | = |
| Taxes450/3 | - | €1,675 | €1,753 | €3,605 | €3,605 | = |
| Other amounts payable47/48 | - | - | €15,065 | €2,611 | €8,099 | ▲ 210% |
| Accrued charges and deferred income492/3 | - | - | €24 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,933 | -€2,662 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Operating cash flow (approximation) | €4,933 | -€2,662 | -€14,787 | €138 | €6,890 | ▲ 4,890% |
| Change in cash | - | €4,406 | -€4,722 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00P003 | Flanders | 1,858 m² | 1 · 596 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.