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MG-BATI

Active
Private limited company (pre-2019)· 20 yrs active
Rue de Tournai(TEM) 3 ·7520 Tournai, Belgium
KBO/BCE: BE 0881.048.030
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Age20 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MG-BATI is 6.2% (elevated). The 2019 annual accounts show negative equity (€-11k) and a net result of €-31k. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
6.2% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Long track record

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

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Trust signals

3 signals
Long-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-31k
Working capital€-11k

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 31-10-2020 with the NBB · fiscal year 2019 · micro
Fiscal year2019
Revenue-
EBITDA-
Net profit€-31k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€125
Equity€-11k
Debt€11k
of which ≤ 1y€11k
of which > 1y-
Working capital€-11k
Employees (FTE)-
Ratios (computed)
2019
Current ratio0.00
Quick ratio0.00
Working capital ratio-8648.9%
Solvency-8588.6%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-25022.4%
ROE291.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€125
Fixed assets 21/28€75
Financial fixed assets 28€75
Current assets 29/58€50
Cash & bank 54/58€50
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€125
Equity 10/15€-11k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€-31k
Amounts payable 17/49€11k
Amounts payable within one year 42/48€11k
Trade debts payable within one year 44€854
Income statement
Gross operating margin 9900€-585
Operating result 9901€-585
Financial charges 65€72
Result before taxes 9903€-657
Net result for the period 9904€-657
Result to be appropriated 9905€-657
Ratios computed by Checked.

Health barometer

FY 2019 · computed
20 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Locations & real estate

Parcels1
Ground area1,171 m²
Buildings1
Building footprint292 m²
Volume (LiDAR)1,638 m³
Tallest building8.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57078D0937/00P005 Wallonia 1,171 m² 1 · 292 m² 8.4 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health20Profitability100Solvency0Growth50Stability85
51 / 100

Mixed profile: strong on profitability, weaker on solvency.

Health 20
Profitability 100
Solvency 0
Growth 50
Stability 85

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR MG-BATI
Registered office
Rue de Tournai(TEM) 3
7520 Tournai, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.