M3G
ActiveM3G has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €39k. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency56▼-6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.23 in 2023; short-term debt: 69.2% and cash: 45.6% of total assets), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.8%
Return on assets
45.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
96 d late
2022
165 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▲ 18.8%
2023 · €22k
2020: €37k
2022: €37k
2023: €22k
2020 → 2024
Total assets
€86k▲ 43.6%
2023 · €60k
2020: €54k
2022: €46k
2023: €60k
2020 → 2024
Net result
€39k▲ 156%
2023 · €15k
2020: €33k
2022: €3k
2023: €15k
2020 → 2024
Working capital
€16k▲ 83.5%
2023 · €9k
2020: €30k
2022: €24k
2023: €9k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202220232024Trend
Equity€37k-€37k▼ 1.0%€22k▼ 39.8%€26k▲ 18.8%
Operating result€57k-€4k▼ 92.4%€23k▲ 434%€56k▲ 142%
Net result€33k-€3k▼ 92.0%€15k▲ 471%€39k▲ 156%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 142% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €86k
Fixed assets
€10k▼ 23.2%
Current assets
€75k▲ 63.1%
Equity and liabilities €86k
Equity
€26k▲ 18.8%
Debt
€59k▲ 58.4%
The debt ratio rises from 62.7% to 69.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2023 · €27k
Cash flow
€44k▲
2023 · €19k
Solvency
30.8%▼
2023 · 37.3%
Current ratio
1.27▲
2023 · 1.23
Quick ratio
1.27▲
2023 · 1.23
Debt / equity
2.24▲
2023 · 1.68
ROE
148.0%▲
2023 · 68.5%
ROA
45.6%▲
2023 · 25.5%
Interest coverage
168.73▲
2023 · 46.68
Debt
€59k▲
2023 · €38k
Debt ≤ 1 year
€59k▲
2023 · €38k
Income taxes
€17k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€60k€86k▲
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€949€807▼
Furniture and vehicles24€13k€10k▼
Current assets29/58€46k€75k▲
Amounts receivable after more than one year29€20k-
Other amounts receivable291€20k-
Amounts receivable within one year40/41€10k€36k▲
Trade receivables40-€2k
Other amounts receivable41€10k€34k▲
Cash at bank and in hand54/58€15k€39k▲
Deferred charges and accrued income490/1€600-
Equity and liabilities
Total equity and liabilities10/49€60k€86k▲
Equity10/15€22k€26k▲
Contributions10/11€4k€4k=
Reserves13€18k€22k▲
Distributable reserves133€18k€22k▲
Amounts payable17/49€38k€59k▲
Amounts payable within one year42/48€38k€59k▲
Trade debts44€461€3k▲
Suppliers440/4€461€3k▲
Taxes, remuneration and social security45€7k€21k▲
Taxes450/3€7k€21k▲
Other amounts payable47/48€30k€35k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€980€2k▲
Gross operating margin9900€28k€62k▲
Operating profit (loss)9901€23k€56k▲
Financial income75/76B-€449
Recurring financial income75-€449
Financial charges65/66B€580€357▼
Recurring financial charges65€580€357▼
Profit (loss) for the period before taxes9903€22k€56k▲
Income taxes67/77€7k€17k▲
Profit (loss) for the period9904€15k€39k▲
Profit (loss) for the period to be appropriated9905€15k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€39k▲
Transfer from equity791/2€30k-
Transfer to equity691/2€15k€4k▼
To other reserves6921€15k€4k▼
Profit to be distributed694/7€30k€35k▲
Return on contributions (dividend)694€30k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Highest result since 2020net €39k ▲156%
Net result €39k, the highest in the series.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 165 days late
2022
31-12
Financial
Weakest financial yearnet €3k ▼92%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Andenne · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Liège 35300 AndenneGround area
4,544 m²
Building footprint
148 m²
Volume, LiDAR
1,039 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M3G
since 20192.296.329.696
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92075A0173/00E000 | Wallonia | 4,180 m² | 1 · 148 m² | 8.8 m · 2 fl. |
| 92124A0350/00M000 | Wallonia | 364 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 33,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.