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MG IMMOBILIER

Active
Private limited companyfounded 2001active for 25 yearsRue de Ways 100, 1470 Genappe, BelgiumKBO/BCE: BE 0475.305.938
Summary

MG IMMOBILIER has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,795 and a net result of -€3,544. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 30% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 16-07-2001 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
Establishment unit
2.098.316.074 1470 Genappe, since 23-08-2001
Financial year end
31 December
Peppol
Reachable since 20-11-2025

Board and ownership

Board
  • GIRBOUX MICHAELDirector · since 05-07-2010

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€8,210
▲ 48.2%
Turnover
≈ €22,000
estimated
Loss
€3,544
▼ 28.6%
Equity
€10,795
▼ 24.7%
Total assets
€144,548
▼ 10.6%
  • 2025 accounts filed 17 days after the deadline
Score breakdownraises riskLast filed accounts filed 17 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.08, cash €2,277lowers riskSize: total assets €144,548Founded in 2001Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 29% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 32-2
equity 7.5% of total assets
Liquidity 21-3
short-term debt 60.3% · cash 1.6%
Profitability 66+1
return on assets -2.5%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -1.1 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.08 (0.19 in 2024), below 1. Short-term debt is 60.3% and cash 1.6% of total assets. 92.5% of the assets are financed with debt and provisions.
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 68, micro). It does better than 28% of them on solvency, 16% on liquidity, 52% on profitability and 19% on growth.

The bankruptcy probability was computed on 02-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €144,548
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 17 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 0.08, cash €2,277
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,544
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filings
Deviation from the deadline
2025
17 days late
2024
on the day
2023
31 days late
2022
32 days late
2021
28 days late
2020
30 days late
2019
52 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€3,544 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MG IMMOBILIER: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €126,000 and €186,000, founded between 1997 and 2002.

CompanyTotal assetsGross margin
MG IMMOBILIER Genappe€144,548€8,210
1ER OCTOBRE Watermaal-Bosvoorde€147,794€8,032
APPALET Tongeren-Borgloon€125,669€8,275
BAYARD-TRADING Ittre€130,710€14,203
Ardenne Places Theux€131,631€10,885
R & B INVEST Bree€186,290€7,411
V.R.C. Bierbeek€135,975€6,478
Full comparison

Key facts about MG IMMOBILIER

What is the company number of MG IMMOBILIER?
The company number of MG IMMOBILIER is 0475.305.938. The VAT number is the same number with BE in front: BE 0475.305.938.
Where is MG IMMOBILIER based?
The registered office is at Rue de Ways 100, 1470 Genappe.Company details
What does MG IMMOBILIER do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of MG IMMOBILIER?
The legal form of MG IMMOBILIER is Private limited company (BV).
When was MG IMMOBILIER founded?
MG IMMOBILIER was founded on 16-07-2001.
Is MG IMMOBILIER still active?
Yes, MG IMMOBILIER is an active enterprise in the KBO register.
What is the turnover of MG IMMOBILIER?
The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €8,210 and 34 comparable companies (NACE 68201). It probably lies between €15,000 and €35,000. It is a rough estimate.Financials
Is MG IMMOBILIER profitable?
In financial year 2025, MG IMMOBILIER made a loss of €3,544.
Where can I find the annual accounts of MG IMMOBILIER?
MG IMMOBILIER filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MG IMMOBILIER due?
MG IMMOBILIER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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