M GROUP
The computed 12-month bankruptcy probability of M GROUP is 4.1% (elevated). The 2025 annual accounts show negative equity (€-57k) and a net result of €-17k. Equity is shrinking by ~30.7% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-57k |
| Net result | €-17k |
| Active | 3 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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).
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema |
| Revenue | - | - | - |
| EBITDA | - | - | - |
| Net profit | €-17k | €-7k | €-34k |
| Cash flow | - | - | - |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €691k | €692k | €692k |
| Equity | €-57k | €-40k | €-33k |
| Debt | €748k | €732k | €724k |
| of which ≤ 1y | €260k | €201k | €251k |
| of which > 1y | €488k | €530k | €472k |
| Working capital | €-259k | €-199k | €-249k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.00 | 0.01 | 0.01 |
| Quick ratio | 0.00 | 0.01 | 0.01 |
| Working capital ratio | -37.5% | -28.8% | -36.1% |
| Solvency | -8.3% | -5.8% | -4.7% |
| Debt / equity | -13.03 | -18.21 | -22.12 |
| Long-term debt ratio | -8.49 | -13.19 | -14.41 |
| Interest coverage | - | - | - |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -2.5% | -1.1% | -4.9% |
| ROE | 30.0% | 18.5% | 103.1% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €691k | €692k | €692k |
| Fixed assets | 21/28 | €690k | €690k | €690k |
| Financial fixed assets | 28 | €690k | €690k | €690k |
| Current assets | 29/58 | €955 | €2k | €2k |
| Amounts receivable within one year | 40/41 | €500 | €2k | €2k |
| Cash & bank | 54/58 | €455 | €47 | €122 |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €691k | €692k | €692k |
| Equity | 10/15 | €-57k | €-40k | €-33k |
| Contributions / capital | 10/11 | €1k | €1k | €1k |
| Accumulated profits (losses) | 14 | €-58k | €-41k | €-34k |
| Amounts payable | 17/49 | €748k | €732k | €724k |
| Amounts payable after one year | 17 | €488k | €530k | €472k |
| Amounts payable within one year | 42/48 | €260k | €201k | €251k |
| Trade debts payable within one year | 44 | €400 | €1k | €4k |
| Income statement | ||||
| Gross operating margin | 9900 | €-4k | €-5k | €-6k |
| Operating result | 9901 | €-5k | €-5k | €-8k |
| Financial income | 75 | €0 | €12k | - |
| Financial charges | 65 | €13k | €14k | €26k |
| Result before taxes | 9903 | €-17k | €-7k | €-34k |
| Net result for the period | 9904 | €-17k | €-7k | €-34k |
| Result to be appropriated | 9905 | €-17k | €-7k | €-34k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 21-10-2022 |
| Status | Active |
| Postal code | 4000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B0300/00V000 | Wallonia | 269 m² | 1 · 123 m² | 7.4 m · 2 fl. |
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameFR | M GROUP |