MG KITCHEN

Active

Private limited companyfounded 20251 yr activeRue du Gazomètre 1, 4800 Verviers, BelgiumKBO/BCE: BE 1021.255.887

MG KITCHEN has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €486. Its solvency ranks better than 37% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

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Checked score

Score 2025

50 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability28

Solvency44

Growth-

Track record67

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.7; short-term debt: 15.7% and cash: 8.1% of total assets), but 80.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19.3%

Return on assets

0.1%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-07-2026, 26 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

26 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€100k

Total assets

€519k

Net result

€486

Working capital

€57k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €512k

72.9%

27.1%

Fixed assets €373k

Current assets €139k

Equity and liabilities €519k

19.3%

80.7%

Equity €100k

Debt €419k

Debt finances 80.7% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€14k

Cash flow

€3k

Solvency

19.3%

Current ratio

1.70

Quick ratio

0.74

Debt / equity

4.17

ROE

0.5%

ROA

0.1%

Interest coverage

1.11

Debt

€419k

Debt ≤ 1 year

€81k

Debt > 1 year

€336k

Income taxes

€316

Staff costs

€59k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€519k

Formation expenses20€7k

Fixed assets21/28€373k

Intangible fixed assets21€36k

Tangible fixed assets22/27€337k

Land and buildings22€298k

Plant, machinery and equipment23€25k

Furniture and vehicles24€14k

Financial fixed assets28€210

Current assets29/58€139k

Stocks and contracts in progress3€78k

Stocks30/36€78k

Amounts receivable within one year40/41€19k

Trade receivables40€19k

Cash at bank and in hand54/58€42k

Equity and liabilities

Total equity and liabilities10/49€519k

Equity10/15€100k

Contributions10/11€100k

Profit (loss) carried forward14€486

Amounts payable17/49€419k

Amounts payable after more than one year17€336k

Financial debts170/4€336k

Amounts payable within one year42/48€81k

Current portion of amounts payable after more than one year42€64k

Trade debts44€5k

Suppliers440/4€5k

Taxes, remuneration and social security45€11k

Taxes450/3€3k

Remuneration and social security454/9€8k

Other amounts payable47/48€1k

Accrued charges and deferred income492/3€1k

Income statement Code2025

Remuneration, social security and pensions62€59k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k

Other operating charges640/8€9k

Gross operating margin9900€81k

Operating profit (loss)9901€11k

Financial income75/76B€2k

Recurring financial income75€2k

Financial charges65/66B€12k

Recurring financial charges65€12k

Profit (loss) for the period before taxes9903€802

Income taxes67/77€316

Profit (loss) for the period9904€486

Profit (loss) for the period to be appropriated9905€486

Appropriation of the result

Profit (loss) to be appropriated9906€486

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

05-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Verviers · 1 establishment unit since 2025

establishment approximate The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Gazomètre 14800 Verviers

Ground area

199 m²

Building footprint

88 m²

Parcel 63079A1451/00F018, Wallonia. Linked by address, not a title deed.

1 establishment unit

VANDENBORRE KITCHEN VERVIERS

Rue du Gazomètre 1, 4800 VerviersRetail sale of electrical household appliances

since 20252.372.271.689

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63079A1451/00F018	Wallonia	199 m²	1 · 88 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

YOSAN

BE 0733.755.906

Boortmeerbeek · Eq €101k

Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,328 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-03-2025

Fiscal year end31-12

Activities, NACEBEL

47551Retail sale of household furniture

43320Joinery installation

46471Wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.