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MAKE VISION GROUP

Active
Private limited companyfounded 2024active for 2 yearsKoning Albert II-laan 4, 1000 Brussel, BelgiumKBO/BCE: BE 1010.219.168
Summary

The computed 12-month bankruptcy probability of MAKE VISION GROUP is 2.8% (moderate). The 2024 annual accounts show equity of €5,273 and a net result of €4,273. Its solvency ranks better than 17% of 37,587 sector peers (NACE 70, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 10-06-2024 Normal situation
Registered office
109 active companies are registered at this address 9 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Business and other management consultancy NACE 70200and 2 others
Establishment unit
2.361.289.014 1000 Brussel, since 10-06-2024
Financial year end
31 December
Peppol
Reachable since 09-10-2026

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts 2024
Gross margin
€6,390
Turnover
≈ €30,000
estimated
Profit
€4,273
Equity
€5,273
Total assets
€38,241
  • 2024 accounts filed 202 days after the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 202 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 18-02-2026)Founded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 30% of micro companies in head offices and management consultancy (NACE 70)
Financial strength
Average
Solvency 39
equity 13.8% of total assets
Liquidity 52
short-term debt 86.2% · cash 56.9%
Profitability 65
return on assets 11.2%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,531 companies, NACE 70, micro)
Last 24 months 07-2025: 0.4%lowest value 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.6%▲ +0.1 percentage points vs 01-2026 03-2026: 1.5%▲ +0.9 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.6%▲ +0.1 percentage points vs 04-2026 06-2026: 1.7%▲ +0.1 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 1.7%● unchanged vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 2.8%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 2.8%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.15, below the usual 1.5. Short-term debt is 86.2% and cash 56.9% of total assets. 86.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 19% of them on solvency, 40% on liquidity and 29% on profitability.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 202 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 18-02-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 37587 sector peers (2024).
NBB · sector comparison
Position among 37587 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2024 accounts filed 202 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-02-2026, 202 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
202 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 202 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2024, micro format

2024 annual accounts filed 202 days after the deadline Filed on 18 February 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00040027.

Annual accounts 2024 filed on 18-02-2026 at the NBB

Turnover
≈ €30,000
Estimated: probably between €14,000 and €60,000
Total assets
€38,241
Net result
€4,273
Working capital
€5,073

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €38,241
Fixed assets €200
Current assets €38,041
Equity and liabilities €38,241
Equity €5,273
Debt €32,968
Debt's share of the balance-sheet total is 86.2%.
Key figures and ratios
2024 value
Current ratio
1.15
Debt to equity
6.25
ROE
81.0%
ROA
11.2%
Debt ≤ 1 year
€32,968
Income taxes
€1,596

Investments

fixed assets acquired
Item2024
Financial fixed assets€200

Source: notes to the 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€38,241
Fixed assets21/28€200
Financial fixed assets28€200
Current assets29/58€38,041
Amounts receivable within one year40/41€16,264
Trade receivables40€8,867
Other amounts receivable41€7,397
Cash at bank and in hand54/58€21,777
Equity and liabilities
Total equity and liabilities10/49€38,241
Equity10/15€5,273
Contributions10/11€1,000
Profit (loss) carried forward14€4,273
Amounts payable17/49€32,968
Amounts payable within one year42/48€32,968
Trade debts44€18,066
Suppliers440/4€18,066
Taxes, remuneration and social security45€4,737
Taxes450/3€4,737
Other amounts payable47/48€10,165
Income statement Code2024
Other operating charges640/8€352
Gross operating margin9900€6,390
Operating profit (loss)9901€6,038
Financial charges65/66B€168
Recurring financial charges65€168
Profit (loss) for the period before taxes9903€5,870
Income taxes67/77€1,596
Profit (loss) for the period9904€4,273
Profit (loss) for the period to be appropriated9905€4,273
Appropriation of the result
Profit (loss) to be appropriated9906€4,273

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2024 at the NBB, filed on 18-02-2026.

Line2024
Other operating charges640/8€352
Gross operating margin9900€6,390
Operating profit (loss)9901€6,038
Financial charges65/66B€168
Recurring financial charges65€168
Profit (loss) for the period before taxes9903€5,870
Income taxes67/77€1,596
Profit (loss) for the period9904€4,273
Profit (loss) for the period to be appropriated9905€4,273
Line2024
Assets
Total assets20/58€38,241
Fixed assets21/28€200
Financial fixed assets28€200
Current assets29/58€38,041
Amounts receivable within one year40/41€16,264
Trade receivables40€8,867
Other amounts receivable41€7,397
Cash at bank and in hand54/58€21,777
Equity and liabilities
Total equity and liabilities10/49€38,241
Equity10/15€5,273
Contributions10/11€1,000
Profit (loss) carried forward14€4,273
Amounts payable17/49€32,968
Amounts payable within one year42/48€32,968
Trade debts44€18,066
Suppliers440/4€18,066
Taxes, remuneration and social security45€4,737
Taxes450/3€4,737
Other amounts payable47/48€10,165
Line2024
Profit (loss) for the period9904€4,273
Operating cash flow (approximation)€4,273

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,976 companies had the same profile as MAKE VISION GROUP has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
94.3% was still going
1.8% stopped otherwise
3.6% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MAKE VISION GROUP itself: 2.8% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for MAKE VISION GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 18-02-2026 2026-00040027 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
PIROTTE Alexandre Angélique Fabien Ghislain
Administrateur non statutaire · appointed in the act of 12-06-2024 · term without a fixed end · also on the board of 1 other company · listed in the 2024 annual accounts, filed on 18-02-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 12-06-2024

Owners and capital

Shareholders

At incorporation act of 12-06-2024 ↗

Capital transactions

Capital over time
  1. 12-06-2024 Incorporation · €1,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Chaque administrateur agissant seul peut accomplir tous actes nécessaires ou utiles à accomplissement objet, loi et statuts réservent à…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 12-06-2024 (in French)

Network & group

Companies at the same address

108 other companies

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
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Timeline

Acts, filings and financial milestones

2026
18-02
NBB filing Annual accounts 2024 filedNBB
micro format · 202 days late
2024
12-06
Gazette deed Incorporation
Starting capital €1,000 · Appointment: PIROTTE Alexandre Angélique Fabien Ghislain (administrateur non statutaire) · Registered office clause · Pre-incorporation commitments7 points ▸
  • General meeting, “suite à adoption des statuts, actionnaire unique” (deed in French)
  • Registered office clause, “1000 Bruxelles,Boulevard du Roi Albert II 4” (deed in French)
  • Director appointment, PIROTTE Alexandre Angélique Fabien Ghislain (administrateur non statutaire)
  • Pre-incorporation commitments, “takeover, engagements,obligations et activités entrepris au nom et pour compte de société en formation” (deed in French)
  • Incorporation, 10-06-2024
  • Founder, PIROTTE Alexandre Angélique Fabien Ghislain
  • Founding capital, €1,000

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name MAKE VISION GROUP in French
Abbreviation MVG in French
Enterprise number 1010.219.168
Legal form Private limited company
Status Active, normale toestand
Founded 10-06-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-06-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger, par simple…”
deed of 12-06-2024 (in French)

Registered office and establishments

Registered office Koning Albert II-laan 4, 1000 Brussel, Belgium
Establishment unit MAKE VISION GROUP, Koning Albert II-laan 4, 1000 Brussel since 10-06-2024 · unit number 2.361.289.014

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
68203 Renting and operating of own or leased non-residential real estate, excluding land
Codes under NACEBEL 2008
70220 Business consulting main activity
68201 Real estate activities
68203 Real estate rental
PurposeThe purpose describes the activities the company may carry out under its articles.
“La fourniture de services et de conseil dans le domaine de l’immobilier au sens large et également, sans que cette énumération soit…”
8 activities
  1. La fourniture de services et de conseil dans le domaine de l’immobilier au sens large et également, sans que cette énumération soit limitative, en matière de gestion d’entreprise, de communication, de marketing et vente, d’informatique et bureautique, d’organisation et de gestion administrative, de management au sens le plus large ainsi qu’en matière commerciale et technique
  2. L’exercice de la gestion et l’administration générale des sociétés pour son compte propre, pour compte de tiers ou en participation avec des tiers, en Belgique ou à l’étranger toutes opérations généralement quelconques
  3. La conception, la location, la fourniture, l’élaboration de tout programme informatique lié au domaine de l’immobilier au sens large, en ce compris la demande de financement
  4. La constitution et la gestion d’un patrimoine immobilier, tant pour son compte propre que pour le compte de tiers, par le biais de la location-financement, la vente, l’échange, la construction, la transformation, l’amélioration, l’équipement, l’aménagement, l’embellissement, l’entretien, la mise en location, la prise en location, le lotissement, la prospection, l’entreposage, la démolition, l’appropriation et l’exploitation de tous immeubles ou droits immobiliers
  5. La constitution, la gestion ou l’administration, la concession de droits réels immobiliers, de quelque nature qu’ils soient
  6. La formation et le coaching
  7. L'organisation d'événements, de colloques, de conférences, de formations, de stages et de réunions, ainsi que la consultance et la participation sous toutes les formes à des événements. Cette énumération n'est pas exhaustive.
  8. De manière générale, la société peut réaliser toutes opérations se rapportant, directement ou indirectement, à toutes transactions immobilières, de toutes les manières qui lui paraitront le mieux appropriées
deed of 12-06-2024 (in French)

Invoicing and payment

VAT number BE 1010.219.168
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010219168
Registered 09-10-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 16:00
deed of 12-06-2024 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
109 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
9,776 m²
Building footprint
3,052 m²
Building volume
107,160 m³
Cadastral parcel Region Area Buildings Height / floors
21813A0484/00G000 Brussels 9,776 m² 1 · 3,052 m² 61.6 m · 9