Financials
- Financial year
- 2020
- Total assets
- €42,666
- Loss
- -€14,994
- Solvency
- 57.8%
Total assets▼ 6.5%
Net result
20192020
Summary
MAG CONSULTING has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €24,672 and a net result of -€14,994. Its solvency ranks better than 54% of 23,020 sector peers (NACE 70, financial year 2020). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€42,666total assets 2020
- Equity
- €24,672
- Loss
- -€14,994
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 0.9%
2020 figures too old to score
Structure
Accounts 1540 days overdue1 of 3 deeds read
Signalsraises riskFigures for financial year 2020 (filed 05-11-2021)Latest accounts 90 days late; 2 of the last 3 latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Legal form: limited partnershipneutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Average
Solvency
83-17
equity 57.8% of total assets
Liquidity
62-26
short-term debt 42.2% · cash 25.8%
Profitability
0-100
return on assets -35.1%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025highest value
12-2025: 1.0%● unchanged vs 11-2025highest value
01-2026: 1.0%● unchanged vs 12-2025highest value
02-2026: 1.0%● unchanged vs 01-2026highest value
03-2026: 1.0%● unchanged vs 02-2026highest value
04-2026: 1.0%● unchanged vs 03-2026highest value
05-2026: 1.0%● unchanged vs 04-2026highest value
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 0.9%▼ -0.1 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026lowest value
09-2026: 0.9%● unchanged vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026lowest value
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 year end31-07-2022 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-10-2021, 90 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 days late
2019
121 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 106 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Resignation: Marc Grégoire (director)Gazette deed
- Annual accounts filedfinancial year 2020 · micro…
- Annual accounts filedfinancial year 2019 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2020
Company details
- Sites
- 1
- Legal form
- Limited partnership
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 13-06-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.