Summary
The computed 12-month bankruptcy probability of MG CONSCTRUCT is 1.6% (moderate). The 2022 annual accounts show equity of €27,148 and a net result of €27,148. Its solvency ranks better than 30% of 3609 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Axes, FY 2022
Profitability99
Solvency49
Growth-
Track record79
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2022Solvency, return and age of the figures
Solvency
24.5%
Return on assets
24.5%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-03-2023, 136 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2022
136 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2022 accounts 136 days before the deadline; the sector median for financial year 2022 is 1 day before the deadline, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27,148
Working capital
-€51,754
Balance-sheet composition
Assets €38,096
Fixed assets
€6,038
Current assets
€32,058
Equity and liabilities €110,960
Equity
€27,148
Debt
€83,812
Debt finances 75.5% of the balance-sheet total.
Key figures and ratios
Current ratio
0.38
Debt to equity
3.09
ROE
100.0%
ROA
24.5%
Debt ≤ 1 year
€83,812
Staff costs
€23,030
Annual accounts
| Line | 2022 |
|---|---|
| Remuneration, social security and pensions62 | €23,030 |
| Gross operating margin9900 | €50,178 |
| Operating profit (loss)9901 | €27,148 |
| Profit (loss) for the period before taxes9903 | €27,148 |
| Profit (loss) for the period9904 | €27,148 |
| Profit (loss) for the period to be appropriated9905 | €27,148 |
| Line | 2022 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €110,960 | |
| Formation expenses20 | €72,864 | |
| Fixed assets21/28 | €6,038 | |
| Tangible fixed assets22/27 | €6,038 | |
| Plant, machinery and equipment23 | €498 | |
| Furniture and vehicles24 | €4,817 | |
| Leasing and similar rights25 | €723 | |
| Current assets29/58 | €32,058 | |
| Amounts receivable within one year40/41 | €6,071 | |
| Other amounts receivable41 | €6,071 | |
| Cash at bank and in hand54/58 | €371 | |
| Deferred charges and accrued income490/1 | €25,616 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €110,960 | |
| Equity10/15 | €27,148 | |
| Profit (loss) carried forward14 | €27,148 | |
| Amounts payable17/49 | €83,812 | |
| Amounts payable within one year42/48 | €83,812 | |
| Trade debts44 | €83,275 | |
| Suppliers440/4 | €83,275 | |
| Taxes, remuneration and social security45 | €537 | |
| Taxes450/3 | €537 | |
| Line | 2022 |
|---|---|
| Profit (loss) for the period9904 | €27,148 |
| Operating cash flow (approximation) | €27,148 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Charleroi
Ground area
120 m²
Building footprint
46 m²
Volume, LiDAR
453 m³
Parcel 52302A0100/00F003, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52302A0100/00F003 | Wallonia | 120 m² | 1 · 46 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
KRIS BLOCQUIAUX
BE 0886.741.633
Linter · Eq €27,224
LCDM CONSTRUCT
BE 0455.961.168
Pajottegem · Eq €27,230
INTEGRAL CONSTRUCTION
BE 0861.085.925
Grimbergen · Eq €27,066
RND CONCEPT
BE 0780.714.693
Zaventem · Eq €27,243
B.A.B PROJECT
BE 1004.307.712
Sint-Pieters-Leeuw · Eq €27,258
Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 5,567 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded26-02-2021
Fiscal year end31-12
Abbreviation NL
MGC
Activities, NACEBEL 2025
43990Other specialised construction activities
81210General cleaning of buildings
Contact
E-mail
mgconsctruct88@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764434432
Also
9925:BE0764434432
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.