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Complete company report
Generated 13-08-2026
Active BE 0422.528.040Limited partnership

MANAGEMENT ADVICE GROUP

Terhulpsesteenweg 177 ·1170 Watermaal-Bosvoorde, Belgium· 44 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of MANAGEMENT ADVICE GROUP is 0.1% (very low). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.
Key figures
Active 44 yrs
Board 2
Locations 1
Publications 7
Bankruptcy probability (12 mo) Checked model v1 · free
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Lower-failure-rate sector −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1982, 44 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financial overview10 NBB filings
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2025 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-03-2025 volledig 28-10-2025 2025-00551249
31-03-2024 volledig 03-12-2024 2024-00610529
31-03-2023 volledig 12-10-2023 2023-00486713
31-03-2022 volledig 30-09-2022 2022-20448347
31-03-2021 micro 13-10-2021 2021-72200098
31-03-2020 volledig 27-11-2020 2020-74300356
31-03-2019 micro 28-08-2019 2019-56100442
31-03-2018 volledig 26-10-2018 2018-70800568
31-03-2017 volledig 29-09-2017 2017-64700464
31-03-2016 volledig 23-09-2016 2016-60600419
Directors & mandates 3 directors
Current directors & mandates
  • Maximilien T'Scharner
    Director
    State Gazette act 24161921 (14-11-2024)
    Current
    10-06-2024 → present
  • VAN BIERBEEK Nicole
    Director
    State Gazette act 24021861 (05-02-2024)
    Current
    05-02-2024 → present
    2 events
    • 05-02-2024 Resigned· Director
    • 05-02-2024 Appointed· Director
Former directors (1)
  • Florence Langlois
    Director
    State Gazette act 24161921 (14-11-2024)
    Former
    - → 01-01-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form Limited partnership(612)
Incorporation17-03-1982
StatusActive
Postal code1170
Connections & network 22 connected companies
Group structure
VLEURGAT CENTER HOUSE
We sit on their board · 1 location
→
Network connections
EPSYLON
Shared address
→
EPSYMMO
Shared address
→
EUROPE FOR FAMILY
Shared address
→
Fiduciaire Montgomery
Shared address
→
FMG HOLDING
Shared address
→
→
Foncière de Pallandt
Shared address
→
GESTI CONSEILS
Shared address
→
GREENFLEX BENELUX
Shared address
→
IMMOBILIERE MALIBRAN
Shared address
→
LAMIBEL
Shared address
→
MICONERGY
Shared address
→
NOALIASING
Shared address
→
PERENEVO
Shared address
→
SDI SICAF-FIIS
Shared address
→
SINCLAIR BAY
Shared address
→
TOSCA CAPITAL
Shared address
→
WESTERLAAN
Shared address
→
WorldGBC Europe
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control 1 parties
MANAGEMENT ADVICE GROUPBE 0422.528.040
controls
Where this company holds controlthis company sits on their board1
VLEURGAT CENTER HOUSE
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Establishment units 1 location
Vleurgatsesteenweg 206, 1000 Brussel
Verhuur van woningen, exclusief sociale woningen
since 19902.020.187.722
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0039/00H003 Brussels 5,127 m² 1 · 1,510 m² 36.3 m · 1 fl.
21807G0206/00F000 Brussels 172 m² 1 · 130 m² 20.9 m · 6 fl.
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.
Updates 17 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
17-02-2026
State Gazette act Registered-office change
v3.2
2025
28-10-2025
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2024
03-12-2024
NBB filing Annual accounts filed
fiscal year 2024 · volledig
14-11-2024
State Gazette act Director changes
v3.2
05-02-2024
State Gazette act Director changes
v3.2
2023
12-10-2023
NBB filing Annual accounts filed
fiscal year 2023 · volledig
17-01-2023
State Gazette act Registered-office change
v3.2
2022
30-09-2022
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2021
13-10-2021
NBB filing Annual accounts filed
fiscal year 2021 · micro
2020
27-11-2020
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2019
28-08-2019
NBB filing Annual accounts filed
fiscal year 2019 · micro
11-02-2019
State Gazette act Capital & shares
v3.2
2018
26-10-2018
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2017
29-09-2017
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2016
23-09-2016
NBB filing Annual accounts filed
fiscal year 2016 · volledig
04-05-2016
State Gazette act Registered-office change
v3.2
2015
08-12-2015
State Gazette act Capital & shares
v3.2
Belgisch Staatsblad, acts 7 acts
Capital history · 2
11-02-2019
v3.2
08-12-2015
v3.2
Address history · 3
17-02-2026
v3.2
17-01-2023
v3.2
04-05-2016
v3.2
All acts · 7 updated 5 months ago
2026
17-02-2026 Registered office moved from Uccle to Watermael-Boitsfort Registered-office change
  • rue vanderckindere 467, 1180 Uccle → chaussée de la hulpe 177, 1170 Watermael-Boitsfort
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Watermael-Boitsfort",
        "region": "Brussels Gewest",
        "street": "chauss\u00E9e de la hulpe",
        "country": "BE",
        "postcode": "1170",
        "box_number": "20",
        "street_number": "177"
      },
      "old_address": {
        "city": "Uccle",
        "region": "Brussels Gewest",
        "street": "rue vanderckindere",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "467"
      },
      "effective_date": "2026-01-01",
      "evidence_quote": "Transfert du siege social situ\u00E9 actuellement rue vanderkindere 467 1er etage 1180 Uccle Vers: chauss\u00E9e de la hulpe 177 boite 20 \u00E0 1170 Watermael boitsfort"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
2024
14-11-2024 1 director appointed, 1 resigning Director changes
  • Maximilien T'Scharner, Bestuurder
  • Florence Langlois, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Florence Langlois",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-01-01",
      "evidence_quote": "Madame Florence Langlois a confirm\u00E9 sa d\u00E9mission en tant qu\u0027administratrice depuis le 1 janvier 2024. L\u0027assembl\u00E9e accepte donc sa d\u00E9misson"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Maximilien T\u0027Scharner",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-06-10",
      "evidence_quote": "L\u0027assembl\u00E9e G\u00E9n\u00E9rale nomme Maximilien T\u0027Scharner ... au poste d\u0027administrateur \u00E0 partir de ce jour."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
05-02-2024 1 director appointed, 1 resigning Director changes
  • VAN BIERBEEK Nicole, Bestuurder
  • VAN BIERBEEK Nicole, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "VAN BIERBEEK Nicole",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "La pr\u00E9sente assembl\u00E9e g\u00E9n\u00E9rale extraordinaire prend acte de la d\u00E9mission comme administrateur statutaire de Madame VAN BIERBEEK Nicole, pr\u00E9nomm\u00E9e."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "VAN BIERBEEK Nicole",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "La pr\u00E9sente assembl\u00E9e g\u00E9n\u00E9rale extraordinaire d\u00E9cide de nommer comme administrateur statutaire, pour une dur\u00E9e ind\u00E9termin\u00E9e, Madame VAN BIERBEEK Nicole, pr\u00E9nomm\u00E9e, qui a express\u00E9ment d\u00E9clar\u00E9 accepter son mandat d\u0027administrateur statutaire de la Soci\u00E9t\u00E9."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
2023
17-01-2023 Registered office moved from Bruxelles to Uccle Registered-office change
  • avenue Winston Churchill 149, 1180 Bruxelles → rue Vanderkindere 467, 1180 Uccle
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Uccle",
        "region": "Brussels",
        "street": "rue Vanderkindere",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "467"
      },
      "old_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "avenue Winston Churchill",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "149"
      },
      "effective_date": "2022-09-16",
      "evidence_quote": "L\u0027organe d\u0027administration, \u00E0 l\u0027unanimit\u00E9, d\u00E9cide de transf\u00E9rer \u00E0 ce jour, le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 1180 Uccle, rue Vanderkindere 467, premier \u00E9tage."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
2019
11-02-2019 Capital decrease of €3,077,918.51 to €1,255,539.49 Capital & shares
  • €4.333.458 → €1.255.539,49
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "capital_decrease",
      "amount": 3077918.51,
      "currency": "EUR",
      "after_eur": 1255539.49,
      "delta_eur": -3077918.51,
      "before_eur": 4333458.0,
      "amount_type": "kapitaal_effectief",
      "effective_date": "2019-01-17",
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de r\u00E9duire le capital de \u20AC 3.077.918,51 pour le porter de \u20AC 4.333.458,00 \u00E0 \u20AC 1.255.539,49.",
      "contribution_type": null
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
2016
04-05-2016 Registered office moved within Bruxelles Registered-office change
  • Chaussée de Vleurgat 206, 1000 Bruxelles → avenue Winston Churchill 149, 1180 Bruxelles
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "avenue Winston Churchill",
        "country": "BE",
        "postcode": "1180",
        "box_number": null,
        "street_number": "149"
      },
      "old_address": {
        "city": "Bruxelles",
        "region": "Brussels",
        "street": "Chauss\u00E9e de Vleurgat",
        "country": "BE",
        "postcode": "1000",
        "box_number": null,
        "street_number": "206"
      },
      "effective_date": "2016-04-08",
      "evidence_quote": "La g\u00E9rante d\u00E9c\u00EDde de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9, \u00E0 effet ce jour, au 149 avenue Winston Churchill, 1180 Bruxelles."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SCRL"
  }
}
2015
08-12-2015 Capital increase of €3,178,680 to €3,408,080 Capital & shares
  • €229.400 → €3.408.080
  • 3 kapitaalbewegingen in deze akte
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "capital_increase",
      "amount": 3178680.0,
      "currency": "EUR",
      "after_eur": 3408080.0,
      "delta_eur": 3178680.0,
      "before_eur": 229400.0,
      "amount_type": "kapitaal_effectief",
      "effective_date": "2015-11-10",
      "evidence_quote": "D\u0027augmenter le capital \u00E0 concurrence de trois millions cent septante-huit mille six cent quatre-vingt euros (\u20AC 3.178.680,00) pour le porter de deux cent vingt-neuf mille quatre cents euros (\u20AC 229.400,00) \u00E0 trois millions quatre cent huit mille quatre-vingt euros (\u20AC 3.408.080,00), par la cr\u00E9ation de cent vingt-huit mille cent septante-trois (128.173) parts sociales nouvelles... Ces parts nouvelles sont attribu\u00E9es, enti\u00E8rement lib\u00E9r\u00E9es, \u00E0 Madame VAN BIERBEEK Nicole, en r\u00E9mun\u00E9ration de l\u0027apport par cette derni\u00E8re de quatre mille dix-huit (4.018) actions nominatives lui appartenant de la soci\u00E9t\u00E9 anonyme \u003C VLEURGAT CENTER HOUSE \u00BB",
      "contribution_type": "in_kind"
    },
    {
      "kind": "capital_increase",
      "amount": 923458.0,
      "currency": "EUR",
      "after_eur": 4331538.0,
      "delta_eur": 923458.0,
      "before_eur": 3408080.0,
      "amount_type": "kapitaal_effectief",
      "effective_date": "2015-11-10",
      "evidence_quote": "D\u0027augmenter le capital \u00E0 concurrence de neuf cent vingt-trois mille quatre euros (\u20AC 923.458,00) \u0440our le porter de trois millions quatre cent huit mille quatre-vingt euros (\u20AC 3.408.080,00) \u00E0 quatre millions trois cent trente et un mille cinq cent trente-huit euros (\u20AC 4.331.538,00)... Ces parts nouvelles sont attribu\u00E9es, enti\u00E8rement lib\u00E9r\u00E9es, \u00E0 Madame VAN BIERBEEK Nicole, en r\u00E9mun\u00E9ration de l\u0027apport par cette derni\u00E8re de cinq cent nonante-neuf (599) actions nominatives lui appartenant de la soci\u00E9t\u00E9 anonyme \u003C\u003C PRESTIGE \u00BB",
      "contribution_type": "in_kind"
    },
    {
      "kind": "capital_increase",
      "amount": 1920.0,
      "currency": "EUR",
      "after_eur": 4333458.0,
      "delta_eur": 1920.0,
      "before_eur": 4331538.0,
      "amount_type": "kapitaal_effectief",
      "effective_date": "2015-11-10",
      "evidence_quote": "D\u0027augmenter le capital social pour le porter de quatre millions trois cent trente et un mille cinq cent trente-huit euros (\u20AC 4.331.538,00) \u00E0 quatre millions trois cent trente-trois mille quatre cent cinquante-huit euros (\u20AC 4.333.458,00), par incorporation d\u0027une somme de mille neuf cent vingt euros ( 1.920,00), \u00E0 pr\u00E9lever sur la r\u00E9serve l\u00E9gale et sans cr\u00E9ation de parts sociales nouvelles.",
      "contribution_type": "in_kind"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0422.528.040",
    "name_full": "MANAGEMENT ADVICE GROUP, EN ABREGE : M.A.G.",
    "legal_form": "SPRL"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameEN MANAGEMENT ADVICE GROUP
AbbreviationEN M.A.G.
Registered office
Terhulpsesteenweg 177 bus 20
1170 Watermaal-Bosvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative