MG IMMO
ActiveSummary
The computed 12-month bankruptcy probability of MG IMMO is 3.9% (moderate). The 2025 annual accounts show negative equity (-€13,499) and a net result of -€2,804. Equity is shrinking by ~17.3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €9,596 | €4,128 | - | €387 | €2,336 | ▲ 503% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €210 | €424 | ▲ 102% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €15,783 | - | - | - | - | - |
| Gross operating margin9900 | -€9,596 | -€4,128 | -€384 | -€387 | -€2,336 | ▼ 503% |
| Operating profit (loss)9901 | -€25,378 | -€4,128 | -€384 | -€597 | -€2,759 | ▼ 362% |
| Financial charges65/66B | €73 | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €73 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€25,451 | -€4,173 | -€429 | -€642 | -€2,804 | ▼ 336% |
| Profit (loss) for the period9904 | -€25,451 | -€4,173 | -€429 | -€642 | -€2,804 | ▼ 336% |
| Profit (loss) for the period to be appropriated9905 | -€25,451 | -€4,173 | -€429 | -€642 | -€2,804 | ▼ 336% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €100,049 | €100,057 | €100,077 | €108,905 | €130,280 | ▲ 19.6% |
| Fixed assets21/28 | €100,000 | €100,000 | €100,000 | €108,865 | €129,583 | ▲ 19.0% |
| Tangible fixed assets22/27 | €100,000 | €100,000 | €100,000 | €108,865 | €129,583 | ▲ 19.0% |
| Land and buildings22 | €100,000 | €100,000 | €100,000 | €104,835 | €125,976 | ▲ 20.2% |
| Plant, machinery and equipment23 | - | - | - | €4,030 | €3,607 | ▼ 10.5% |
| Current assets29/58 | €49 | €57 | €77 | €40 | €697 | ▲ 1,645% |
| Cash at bank and in hand54/58 | €49 | €57 | €77 | €40 | €697 | ▲ 1,645% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €100,049 | €100,057 | €100,077 | €108,905 | €130,280 | ▲ 19.6% |
| Equity10/15 | -€5,451 | -€9,623 | -€10,053 | -€10,695 | -€13,499 | ▼ 26.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Issued capital100 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€25,451 | -€29,623 | -€30,053 | -€30,695 | -€33,499 | ▼ 9.1% |
| Amounts payable17/49 | €105,500 | €109,680 | €110,130 | €119,600 | €143,779 | ▲ 20.2% |
| Amounts payable within one year42/48 | €105,500 | €109,680 | €110,130 | €119,600 | €143,779 | ▲ 20.2% |
| Trade debts44 | - | - | - | €4,840 | €15,479 | ▲ 220% |
| Suppliers440/4 | - | - | - | €4,840 | €15,479 | ▲ 220% |
| Other amounts payable47/48 | €105,500 | €109,680 | €110,130 | €114,760 | €128,300 | ▲ 11.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,451 | -€4,173 | -€429 | -€642 | -€2,804 | ▼ 336% |
| + Depreciation and write-downs630 | - | - | - | €210 | €424 | ▲ 102% |
| Operating cash flow (approximation) | -€25,451 | -€4,173 | -€429 | -€432 | -€2,381 | ▼ 451% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€9,075 | -€21,141 | ▼ 133% |
| Change in cash | - | €8 | €21 | -€37 | €657 | ▲ 1,860% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61026A1220/00H000 | Wallonia | 1,388 m² | 1 · 98 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.