MAEGUS
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
MAEGUS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,682 and a net result of €10,682. Its solvency ranks better than 54% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 29-09-2025 Normal situation
- Legal form
- Private limited company
- Registered office
- Rue de la Dérivation 2, 1315 Incourt
- Activity
- Business and other management consultancy NACE 70200and 4 others
- Establishment unit
- 2.379.037.440 1315 Incourt, since 01-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €13,865
- Turnover
- ≈ €64,000
- estimated
- Profit
- €10,682
- Equity
- €15,682
- Total assets
- €26,055
2025 accounts 44 days early
Filed on 17-06-2026at the National Bank
Why 96raises riskFounded in 2025lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 2.42, cash €13,601Figures for financial year 2025 (filed 17-06-2026)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 70, micro)
Financial strength
Strong
Solvency
85
equity 60.2% of total assets
Liquidity
81
short-term debt 39.8% · cash 52.2%
Profitability
100
return on assets 41.0%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.42, above the usual 1.5; short-term debt: 39.8% and cash: 52.2% of total assets), and 39.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 70, micro): better than 55% on solvency, 73% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
44 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Financials · financial year 2025, micro format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 17-06-2026
- Format
- micro format
- Reference
- 2026-00167406
Turnover
≈ €64,000
Estimated: probably between €30,000 and €130,000
Total assets
€26,055
Net result
€10,682
Working capital
€14,779
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €25,212
Fixed assets
€59
Current assets
€25,153
Equity and liabilities €26,055
Equity
€15,682
Debt
€10,374
Debt finances 39.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€13,865
Cash flow
€10,963
Current ratio
2.42
Debt to equity
0.66
ROE
68.1%
ROA
41.0%
Interest coverage
over 100
Debt ≤ 1 year
€10,374
Income taxes
€2,894
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.6%
stopped otherwise
96.6%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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.
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €281 |
| Gross operating margin9900 | €13,865 |
| Operating profit (loss)9901 | €13,584 |
| Financial charges65/66B | €9 |
| Recurring financial charges65 | €9 |
| Profit (loss) for the period before taxes9903 | €13,575 |
| Income taxes67/77 | €2,894 |
| Profit (loss) for the period9904 | €10,682 |
| Profit (loss) for the period to be appropriated9905 | €10,682 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €26,055 | |
| Formation expenses20 | €843 | |
| Fixed assets21/28 | €59 | |
| Financial fixed assets28 | €59 | |
| Current assets29/58 | €25,153 | |
| Amounts receivable within one year40/41 | €11,552 | |
| Trade receivables40 | €8,470 | |
| Other amounts receivable41 | €3,082 | |
| Cash at bank and in hand54/58 | €13,601 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €26,055 | |
| Equity10/15 | €15,682 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €10,682 | |
| Amounts payable17/49 | €10,374 | |
| Amounts payable within one year42/48 | €10,374 | |
| Trade debts44 | €754 | |
| Suppliers440/4 | €754 | |
| Taxes, remuneration and social security45 | €9,620 | |
| Taxes450/3 | €9,620 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €10,682 |
| + Depreciation and write-downs630 | €281 |
| Operating cash flow (approximation) | €10,963 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-06-2026 | 2026-00167406 | NBB |
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Of the 82,504 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,656. 29,745 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2025
Chevalier de HARLEZ de DEULIN Sebastien
Current
Director (not named in the articles) · since 29-09-2025 · in the 2025 annual accounts, filed on 17-06-2026
Mandate history
1 person, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Chevalier de HARLEZ de DEULIN Sebastien |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, personnes physiques ou morales”“Sous réserve de ceux que la loi et les statuts réservent à l’assemblée générale, totalité des pouvoirs d’administration avec faculté de…”“Fixe ou proportionnelle, assemblée générale décide si le mandat est exercé gratuitement”“Organe d’administration détermine s’ils agissent seul ou conjointement, organe d’administration fixe les attributions et rémunérations…”
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur n'aurait été désigné, le ou les administrateurs en fonction”
Articles of association, deed of 01-10-2025
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 01-10-2025 ↗
- Chevalier de HARLEZ de DEULIN Sebastien 420 shares (100%)
Capital over the years
- 01-10-2025 Incorporation · €5,000 · 420 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Titulaires peuvent prendre connaissance du registre relatif à leurs titres, registre des actions nominatives”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Libérées à leur émission, En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”“Pour les actions données en gage, le droit de souscription préférentiel revient au débiteur-gagiste, au moins quinze jours à dater de…”
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Affectation que lui donnera l'assemblée générale, statuant sur proposition de l'organe d'administration, chaque action confère un droit égal…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 01-10-2025 (in French)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
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Shareholding
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History
Acts, filings and financial milestones
2026
29-07
Gazette deed
MiscellaneousRegistered-office move · Power of attorney3 facts ▸
Gazette deed
Miscellaneous
Registered-office move · Power of attorney3 facts ▸
- Board meeting, 27-07-2026
- Registered-office move, Rue des Ourdons, 6 - 1457 Tourinnes-Saint-Lambert
- Power of attorney, FiduServais Srl
17-06
financial year 2025 · micro format
2025
01-10
Gazette deed
IncorporationAppointment: Chevalier de HARLEZ de DEULIN Sebastien (director) · Founder · Founding capital8 facts ▸
Gazette deed
Incorporation
Appointment: Chevalier de HARLEZ de DEULIN Sebastien (director) · Founder · Founding capital8 facts ▸
- Incorporation, 25-09-2025
- Founder, Chevalier de HARLEZ de DEULIN Sebastien
- Founding capital, €5,000
- Capital contribution
- Registered office clause, “1315 Opprebais (Incourt), rue de la Dérivation”, 2 (deed in French)
- Director appointment, Chevalier de HARLEZ de DEULIN Sebastien (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent, et toutes les activités entreprises” (deed in French)
- Power of attorney, Chevalier de HARLEZ de DEULIN Sebastien
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
MAEGUS in French
Enterprise number
1028.261.069
Legal form
Private limited company
Status
Active, normale toestand
Founded
29-09-2025
Type
Legal entity
Where it is based
Registered office
Rue de la Dérivation 2, 1315 Incourt, Belgium
Establishments
1 establishment unit since 2025
E-mail
sebastien@maegus.eu
Phone
+32477876702
What it does
NACEBEL 202570200
Business and other management consultancy main activity
73300
Public relations and communication consultancy
74201
Photography, excluding press photography
82990
Other business support services
85592
Vocational training
Invoicing and payment
VAT number
BE 1028.261.069
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Services de conseil, d’orientation et d’assistance opérationnelle, y compris le lobbying, concernant les méthodes visant à améliorer l’image…”
19 activities
- Services de conseil, d’orientation et d’assistance opérationnelle, y compris le lobbying, concernant les méthodes visant à améliorer l’image et les relations d’une organisation ou d’un individu avec le grand public, le gouvernement, les électeurs, les actionnaires et autres
- Services de conseil, d’orientation et d’assistance opérationnelle concernant la politique, la stratégie d’entreprise, la planification, la structuration et le contrôle d’une organisation, les domaines de décision financière, la stratégie marketing et le fonctionnement marketing d’une organisation
- La consultance, l’analyse, le développement au sens large, l’installation, la configuration, la formation, en informatique
- La conception, la réalisation, la fourniture et la commercialisation (achat-vente-location), de tout type d’applications, de logiciels au sens large du terme, et de matériels informatiques et numériques
- La réalisation, la gestion, et la commercialisation (achat-vente-location) de sites web, de logis et d’hébergement internet ou intranet, et au sens large du terme des traitements de données y afférant
- Ainsi que le commerce de détail de tout produit par correspondance ou par internet, pour son compte ou pour compte de tiers
- Le développement et la vente de photographies sur tous supports, argentiques, numériques, informatiques, ou toute nouvelle évolution technologique à venir
- Traitement d’image en général et au sens large
- Reportages photos en général et au sens large
- Travaux de studios en général et au sens large
- Organisation d’expositions ou toutes autres manifestations
- Organisation et dispense de cours, formations, séminaires, workshops, stages, etc.
- Toutes les opérations financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet social
- Exercer un mandat d’administrateur, de gérant ou liquidateur
- Louer ou sous louer, acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège social ou d’y loger son dirigeant à titre de résidence principale ou secondaire ainsi que les membres en ligne directe de leur famille ou de leur conjoint ou cohabitant
- La constitution, la gestion et la valorisation d’un patrimoine mobilier et immobilier, notamment l’achat, la vente, la location, la mise en location, la construction, le tout au sens le plus large
- S'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l’objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
- Exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
- Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAEGUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 May at 11:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Procuration écrite à toute autre personne, actionnaire ou non, par tout moyen de transmission, majorité des voix, quel que soit le nombre de…”
Articles of association, deed of 01-10-2025 (in French)
Sites & property
Registered office and establishments
1 establishment unit
MAEGUS
since 2025unit no. 2.379.037.440
Buildings and parcels at the address
Ground area
568 m²
Building footprint
105 m²
Building volume
674 m³
Parcel 25080B0309/00M000, Wallonia · tallest building 8.0 m.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25080B0309/00M000 | Wallonia | 568 m² | 1 · 105 m² | 8.0 m · 2 |