MG Home Concept
ActiveSummary
The computed 12-month bankruptcy probability of MG Home Concept is 1.8% (moderate). The 2025 annual accounts show negative equity (-€13,635) and a net result of -€6,435. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 18% of 5,709 sector peers (NACE 96, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 13-12-2013 Normal situation
- Activity
- Hairdressing and barber services NACE 96210and 5 others
- Establishment units
- 2.226.291.540 5020 Namur, since 03-01-2014
- 2.294.362.081 5000 Namur, since 10-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- -€2,598
- ▼ 263%
- Loss
- €6,435
- ▲ 600%
- Equity
- -€13,635
- ▼ 89.4%
- Total assets
- €30,165
- ▲ 43×
- Negative equity on 31-12-2025
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskLoss of €6,435, the second in a row (financial year 2025)Negative equity -€13,635Liquidity: current ratio 0.08lowers riskSize: total assets €30,165Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 11% of them on solvency, 1% on liquidity, 9% on profitability and 8% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as MG Home Concept: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €22,000 and €33,900, founded between 2012 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| MG Home Concept Namur | €30,165 | -€2,598 |
| JANABD Houthalen-Helchteren | €32,530 | -€844 |
| STYLE-ELEGANCE Willebroek | €25,305 | -€1,631 |
| TRUECARE Antwerpen | €33,901 | -€4,852 |
| LK Châtelain Ukkel | €24,974 | -€13,421 |
| HAIR FRANCE COIFFURE Sint-Lambrechts-Woluwe | €23,664 | -€1,481 |
| MORGAN DE LOU Binche | €21,971 | -€5,471 |
Key facts about MG Home Concept
- What is the company number of MG Home Concept?
- The company number of MG Home Concept is 0543.271.957. The VAT number is the same number with BE in front: BE 0543.271.957.
- Where is MG Home Concept based?
- The registered office is at Rue Henri Linchet(FW) 26, 5020 Namur.Company details
- What does MG Home Concept do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of MG Home Concept?
- The legal form of MG Home Concept is Private limited company (pre-2019) (BVBA).
- When was MG Home Concept founded?
- MG Home Concept was founded on 13-12-2013.
- Is MG Home Concept still active?
- Yes, MG Home Concept is an active enterprise in the KBO register.
- What is the turnover of MG Home Concept?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MG Home Concept profitable?
- In financial year 2025, MG Home Concept made a loss of €6,435.
- Where can I find the annual accounts of MG Home Concept?
- MG Home Concept filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MG Home Concept due?
- MG Home Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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