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MG-BATI

Active
Private limited company (pre-2019)founded 200620 years activeRue de Tournai(TEM) 3, 7520 Tournai, BelgiumKBO/BCE: BE 0881.048.030
Summary

The computed 12-month bankruptcy probability of MG-BATI is 15.1% (high). The latest annual accounts of MG-BATI were filed more than 90 days after the deadline. The 2019 annual accounts show negative equity (-€10,693) and a net result of -€657. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€125total assets 2019
Equity
-€10,693
Loss
-€657
Turnover not published (abridged schema)
Financial health
Bankruptcy probabilitywithin 12 months
15.1%
2019 figures too old to score
Structure
Accounts 1895 days overdue0 of 7 deeds read
Signals- Figures for FY 2019 (filed 05-11-2020)- 3 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late- No establishment unit in the KBO- Filed more than 90 days late+ Founded in 2006No filing for yearsShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019
Weak
Solvency 0
equity -8588.6% of total assets
Liquidity 50
short-term debt 8688.6% · cash 39.8%
Profitability 0
return on assets -527.4%
Bankruptcy probability, 12 months
15.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 15.4%highest value 12-2024: 15.4%● unchanged vs 11-2024highest value 01-2025: 15.4%● unchanged vs 12-2024highest value 02-2025: 15.4%● unchanged vs 01-2025highest value 03-2025: 15.4%● unchanged vs 02-2025highest value 04-2025: 15.4%● unchanged vs 03-2025highest value 05-2025: 15.4%● unchanged vs 04-2025highest value 06-2025: 15.4%● unchanged vs 05-2025highest value 07-2025: 15.4%● unchanged vs 06-2025highest value 08-2025: 15.4%● unchanged vs 07-2025highest value 09-2025: 15.4%● unchanged vs 08-2025highest value 10-2025: 15.4%● unchanged vs 09-2025highest value 11-2025: 15.4%● unchanged vs 10-2025highest value 12-2025: 15.4%● unchanged vs 11-2025highest value 01-2026: 15.4%● unchanged vs 12-2025highest value 02-2026: 15.4%● unchanged vs 01-2026highest value 03-2026: 15.4%● unchanged vs 02-2026highest value 04-2026: 15.4%● unchanged vs 03-2026highest value 05-2026: 15.4%● unchanged vs 04-2026highest value 06-2026: 15.1%▼ -0.3 percentage points vs 05-2026lowest value 07-2026: 15.1%● unchanged vs 06-2026lowest value 08-2026: 15.1%● unchanged vs 07-2026lowest value 09-2026: 15.1%● unchanged vs 08-2026lowest value 10-2026: 15.1%● unchanged vs 09-2026lowest value
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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2019 (filed 05-11-2020)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · No establishment unit in the KBO
KBO · seat and establishments
lowers risk · Founded in 2006
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline08-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-10-2020, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 92 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2019 · micro…
  2. Annual accounts filedfiscal year 2017 · micro…
  3. Annual accounts filedfiscal year 2016 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2021 1895 days late View
  • Risk: Negative equityfiscal year 2019: debts exceed assets -€10,693 View
  • Active since 2006founded 27-04-2006 20 years View

By topic

Financials

Fiscal year
2019
Total assets
€125
Loss
-€657
Solvency
-8588.6%
Go to Financials

Timeline

Events
10
Since
2010
  1. 12-09-2016Annual accounts filed
  2. 29-09-2015Annual accounts filed
  3. 11-08-2014Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
27-04-2006
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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