MG BUSNESS
ActiveMG BUSNESS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €67k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency19▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.3 in 2024), and 82.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.5%
Return on assets
10.6%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
119 d late
2022
137 d late
2021
136 d late
2020
125 d late
2019
150 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€67k▲ 20.4%
2024 · €56k
2018: €12k
2019: €-3k
2020: €-38k
2021: €72k
2022: €28k
2023: €18k
2024: €56k
2018 → 2025
Working capital
€-26k▲ 87.5%
2024 · €-208k
2018: €-242k
2019: €-262k
2020: €-240k
2021: €-202k
2022: €-239k
2023: €-244k
2024: €-208k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-80k-€-52k▲ 34.9%€-34k▲ 34.4%€21k€110k▲ 415%
Operating result€114k-€32k▼ 71.9%€57k▲ 76.6%€109k▲ 92.0%€121k▲ 11.2%
Net result€72k-€28k▼ 61.3%€18k▼ 35.8%€56k▲ 209%€67k▲ 20.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €629k
Fixed assets
€498k▼ 44.5%
Current assets
€131k▲ 48.3%
Equity and liabilities €629k
Equity
€110k▲ 415%
Debt
€519k▼ 46.2%
The debt ratio falls from 97.8% to 82.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€171k▼
2024 · €175k
Cash flow
€117k▼
2024 · €121k
Solvency
17.5%▲
2024 · 2.2%
Current ratio
0.83▲
2024 · 0.30
Quick ratio
0.58▲
2024 · 0.14
Debt / equity
4.72▼
2024 · 45.17
ROE
60.8%▼
2024 · 260.1%
ROA
10.6%▲
2024 · 5.6%
Interest coverage
5.19▼
2024 · 5.46
Debt
€519k▼
2024 · €965k
Debt ≤ 1 year
€157k▼
2024 · €296k
Debt > 1 year
€362k▼
2024 · €669k
Income taxes
€148▼
2024 · €22k
Staff costs
€71k▼
2024 · €93k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€987k€629k▼
Fixed assets21/28€898k€498k▼
Tangible fixed assets22/27€898k€498k▼
Land and buildings22€769k€414k▼
Plant, machinery and equipment23€125k€73k▼
Furniture and vehicles24€4k€11k▲
Current assets29/58€88k€131k▲
Stocks and contracts in progress3€47k€40k▼
Stocks30/36€47k€40k▼
Amounts receivable within one year40/41€8k€25k▲
Trade receivables40€7k€25k▲
Other amounts receivable41€1k€492▼
Cash at bank and in hand54/58€30k€56k▲
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€987k€629k▼
Equity10/15€21k€110k▲
Contributions10/11€19k€19k=
Reserves13€21k€130k▲
Tax-exempt reserves132€21k€130k▲
Profit (loss) carried forward14€-18k€-38k▼
Amounts payable17/49€965k€519k▼
Amounts payable after more than one year17€669k€362k▼
Financial debts170/4€669k€362k▼
Amounts payable within one year42/48€296k€157k▼
Current portion of amounts payable after more than one year42€80k€61k▼
Trade debts44€23k€39k▲
Suppliers440/4€23k€39k▲
Taxes, remuneration and social security45€44k€52k▲
Taxes450/3€32k€33k▲
Remuneration and social security454/9€12k€19k▲
Other amounts payable47/48€149k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€93k€71k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€50k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€-1k-
Gross operating margin9900€271k€246k▼
Operating profit (loss)9901€109k€121k▲
Financial income75/76B€635€643▲
Recurring financial income75€635€643▲
Financial charges65/66B€32k€33k▲
Recurring financial charges65€32k€33k▲
Non-recurring financial charges66B€240€52▼
Profit (loss) for the period before taxes9903€77k€89k▲
Transfer to deferred taxes680-€22k
Income taxes67/77€22k€148▼
Profit (loss) for the period9904€56k€67k▲
Transfer to tax-exempt reserves689-€87k
Profit (loss) for the period to be appropriated9905€56k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-38k▼
Profit (loss) brought forward from the previous period14P€-74k€-18k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €110k ▲415%
5 profitable years in a row build equity to €110k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 137 days late
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
2021
31-12
Financial
Back to profitnet €72k
Net result €72k after 2 loss-making years.
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 125 days late
2020
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
2019
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 25 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Braine-l'Alleud · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grand'Route 2621428 Braine-l'AlleudGround area
714 m²
Building footprint
129 m²
Volume, LiDAR
1,375 m³
Parcel 25054A0309/00M000, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA VACHE SUR LE TOIT
since 19952.070.507.263
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054A0309/00M000 | Wallonia | 714 m² | 1 · 129 m² | 12.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBraine-l'Alleud2.070.507.263
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 9,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-1994
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.