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MG 10

Active
Private limited companyfounded 20241 yr activeRue du Pont 1, 4101 Seraing, BelgiumKBO/BCE: BE 1014.340.975

MG 10 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €-3k. Its solvency ranks better than 33% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
44 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability27
Solvency31
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.6; short-term debt: 49.4% and cash: 13.3% of total assets), and 94.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
5.9%
Return on assets
-8.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€2k
Total assets
€34k
Net result
€-3k
Working capital
€-7k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €34k
Fixed assets €24k
Current assets €10k
Equity and liabilities €34k
Equity €2k
Debt €32k
Debt finances 94.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€3k
Cash flow
€1k
Solvency
5.9%
Current ratio
0.60
Quick ratio
0.60
Debt / equity
15.88
ROE
-149.3%
ROA
-8.8%
Interest coverage
2.32
Debt
€32k
Debt ≤ 1 year
€17k
Debt > 1 year
€15k
Income taxes
€314
Staff costs
€67k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€34k
Fixed assets21/28€24k
Tangible fixed assets22/27€24k
Furniture and vehicles24€24k
Current assets29/58€10k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Cash at bank and in hand54/58€5k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€34k
Equity10/15€2k
Contributions10/11€5k
Profit (loss) carried forward14€-3k
Amounts payable17/49€32k
Amounts payable after more than one year17€15k
Financial debts170/4€15k
Amounts payable within one year42/48€17k
Current portion of amounts payable after more than one year42€7k
Trade debts44€2k
Suppliers440/4€2k
Taxes, remuneration and social security45€7k
Taxes450/3€314
Remuneration and social security454/9€7k
Other amounts payable47/48€397
Income statement Code2025
Remuneration, social security and pensions62€67k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€2k
Gross operating margin9900€71k
Operating profit (loss)9901€-2k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€-3k
Income taxes67/77€314
Profit (loss) for the period9904€-3k
Profit (loss) for the period to be appropriated9905€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Seraing · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
126 m²
Building footprint
75 m²
Volume, LiDAR
877 m³
Parcel 62058B0556/00S000, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
STUDIO DF
Rue du Pont 1, 4101 SeraingHairdressing
since 20242.364.219.107
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62058B0556/00S000 Wallonia 126 m² 1 · 75 m² 13.1 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 21,748 companies in sector 96210 we hold annual accounts for 2,829. 1,434 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-09-2024
Fiscal year end31-12
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:minicuccigregory@hotmail.fr
Enterprise
Phone:+32499620315
Enterprise