MG Consultancy
A bankruptcy procedure is open for MG Consultancy according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €31k and a net result of €6k.
| Equity | €31k |
| Net result | €6k |
| Active | 7 yrs |
| Board | 1 |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Show 10 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €25k |
| Net profit | €6k |
| Cash flow | €22k |
| Staff costs | €16 |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €165k |
| Equity | €31k |
| Debt | €135k |
| of which ≤ 1y | €135k |
| of which > 1y | - |
| Working capital | €-53k |
| Employees (FTE) | - |
| 2022 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.60 |
| Working capital ratio | -32.1% |
| Solvency | 18.6% |
| Debt / equity | 4.36 |
| Long-term debt ratio | - |
| Interest coverage | 36.52 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.5% |
| ROE | 18.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €165k |
| Fixed assets | 21/28 | €84k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €78k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €81k |
| Amounts receivable within one year | 40/41 | €81k |
| Cash & bank | 54/58 | €435 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €165k |
| Equity | 10/15 | €31k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €6k |
| Amounts payable | 17/49 | €135k |
| Amounts payable within one year | 42/48 | €135k |
| Trade debts payable within one year | 44 | €110k |
| Income statement | ||
| Gross operating margin | 9900 | €51k |
| Operating result | 9901 | €8k |
| Financial charges | 65 | €686 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
-
Sabrine Inge NovielloDirectorState Gazette act 24070299 (07-05-2024)Current24-04-2024 → present
Former directors (2)
-
BILAL AHMADDirectorState Gazette act 24070299 (07-05-2024)Former06-12-2023 → 30-06-2024
3 events
- 30-06-2024 Resigned· Director
- 07-05-2024 Appointed· Director
- 06-12-2023 Appointed· Director
-
ASSADI MOHAMMADDirectorState Gazette act 23163226 (20-12-2023)Former- → 06-12-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
18-03-2025 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 15-05-2019 |
| Status | Active |
| Postal code | - |
| First BS signal | 24-03-2025 |
| Latest BS signal | 24-03-2025 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 24-01-2025 to 18-03-2025.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-08-2024 All shares are now held by a single shareholder
Technical details
{
"events": [
{
"kind": "eenhoofdigheid_declaration",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-08-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"act_date": "2024-06-30",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2024-06-30"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0726.802.093",
"name_full": "MG Consultancy",
"legal_form": "BESLOTEN VENNOOTSCHAP",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "SABRINE INGE NOVIELLO",
"org_rep_person_name": null,
"person_role_at_subject": "aandeelhouder"
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Sabrine Inge Noviella",
"role": "aandeelhouder",
"n_shares": null,
"share_class": null
}
],
"share_classes_after": []
}07-05-2024 All shares are now held by a single shareholder
Technical details
{
"events": [
{
"kind": "eenhoofdigheid_declaration",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-07",
"filing_date": "2024-04-24",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"act_date": "2024-04-24",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2024-04-24"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0726.802.093",
"name_full": "MG Consultancy",
"legal_form": "BESLOTEN VENNOOTSCHAP",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Sabrine Inge Noviello",
"role": "aandeelhouder",
"n_shares": null,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Bilal Ahmad",
"role": "g\u00E9rant_statutaire",
"n_shares": null,
"share_class": null
}
],
"share_classes_after": []
}20-12-2023 1 director appointed, 1 resigning
- BILAL AHMAD, Bestuurder
- ASSADI MOHAMMAD, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": "79.03.21-601.61",
"name": "ASSADI MOHAMMAD",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-12-06",
"evidence_quote": "Het ontslag van de heer ASSADI MOHAMMAD RR: 79.03.21-601.61 als bestuurder vanaf 06/12/2023.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "94.04.01-617.94",
"name": "BILAL AHMAD",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-12-06",
"evidence_quote": "De benoeming van de heer BILAL AHMAD RR: 94.04.01-617.94 als bestuurder vanaf 06/12/2023.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": "80.09.14-041.21",
"name": "GUNGOR MURAT",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Kwijting aan de vorige bestuurder GUNGOR MURAT RR: 80.09.14-041.21 voor de uitoefening van zijn mandaat gedurende de boekjaren die eindigden op 31 december 2020, 2021, 2022 inclusief het meest recente boekjaar dat eindigde op 31 december 2023.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "n_years",
"value": "3"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": "79.03.21-601.61",
"name": "ASSADI MOHAMMAD",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Kwijting aan ASSADI MOHAMMAD RR: 79.03.21-601.61 voor de uitoefening van zijn mandaat gedurende de boekjaren die eindigden op 31 december 2023",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_date",
"value": "2023-12-31"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": null,
"person": null,
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Deze beslissing wordt aangenomen met eenparigheid van stemmen op 06/12/2023",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-12-11",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-12-06",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0726.802.093",
"name_full": "MG Consultancy",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "ASSADI MOHAMMAD",
"org_rep_person_name": null,
"person_role_at_subject": "De voorzitter"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | MG Consultancy |
- 24-01-2025 Address struck