Financials
- Financial year
- 2020
- Total assets
- €11,969
- Loss
- -€345
- Solvency
- 53.5%
Total assets▲ 52.0%
Net result
20182020
MG DEVELOPPEMENT
Bankruptcy closedSummary
MG DEVELOPPEMENT was declared bankrupt on 18-07-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 25-11-2025, published in the Belgian Official Gazette on 10-12-2025. The 2020 annual accounts show equity of €6,400 and a net result of -€345.
Overview
Activity
Activity not known1 site
Size
€11,969total assets 2020
- Equity
- €6,400
- Loss
- -€345
Turnover not published (micro format)
Financial health
Bankruptcy closed: no score
Structure
4 deeds in the Belgian Official Gazette
Signalsraises riskBankruptcy closed2020 accounts filed 31 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · 2020 accounts filed 31 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2020
31 days late
2019
122 days late
2018
240 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 131 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Searched, nothing found (1)
- Bankruptcy closure (insufficient assets)Enterprise Court of Brussels ·…
- OpeningEnterprise Court of Brussels ·…
- Annual accounts filedfinancial year 2020 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2019
- 30-11-2020Annual accounts filed
- 27-10-2020Bankruptcy reversal
- 27-03-2020Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 03-10-2017
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about MG DEVELOPPEMENT
- What is the company number of MG DEVELOPPEMENT?
- 0682.443.795. In Belgium the VAT number is the company number with BE in front: BE 0682.443.795.
- What is the legal form of MG DEVELOPPEMENT?
- Private limited company (BV).
- When was MG DEVELOPPEMENT founded?
- On 03-10-2017.
- Is MG DEVELOPPEMENT still active?
- No. The bankruptcy of MG DEVELOPPEMENT has been closed.Company details
- What is the turnover of MG DEVELOPPEMENT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is MG DEVELOPPEMENT profitable?
- In financial year 2020, MG DEVELOPPEMENT made a loss of €345.
- Where can I find the annual accounts of MG DEVELOPPEMENT?
- MG DEVELOPPEMENT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2020.
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