MG LAW
ActiveMG LAW has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €25k. Its solvency ranks better than 46% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency78
Growth-
Track record67
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.17; short-term debt: 43.9% and cash: 85.1% of total assets), and 46.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€26k
Total assets
€49k
Net result
€25k
Working capital
€25k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €49k
Fixed assets
€2k
Current assets
€47k
Equity and liabilities €49k
Equity
€26k
Debt
€23k
Debt finances 46.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€35k
Cash flow
€25k
Solvency
53.1%
Current ratio
2.17
Quick ratio
2.17
Debt / equity
0.88
ROE
94.3%
ROA
50.1%
Interest coverage
423.37
Debt
€23k
Debt ≤ 1 year
€22k
Income taxes
€10k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€49k
Formation expenses20€221
Fixed assets21/28€2k
Tangible fixed assets22/27€2k
Furniture and vehicles24€2k
Current assets29/58€47k
Amounts receivable within one year40/41€5k
Trade receivables40€5k
Cash at bank and in hand54/58€42k
Equity and liabilities
Total equity and liabilities10/49€49k
Equity10/15€26k
Contributions10/11€2k
Reserves13€25k
Distributable reserves133€25k
Amounts payable17/49€23k
Amounts payable within one year42/48€22k
Trade debts44€215
Suppliers440/4€215
Taxes, remuneration and social security45€19k
Taxes450/3€19k
Other amounts payable47/48€3k
Accrued charges and deferred income492/3€2k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€654
Other operating charges640/8€411
Gross operating margin9900€35k
Operating profit (loss)9901€34k
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€10k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Appropriation of the result
Profit (loss) to be appropriated9906€25k
Transfer to equity691/2€25k
To other reserves6921€25k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-10
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, Gent · 1 establishment unit since 2024
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.
Poolse-Winglaan 39051 GentGround area
2,698 m²
Building footprint
454 m²
Volume, LiDAR
1,529 m³
Parcel 44062A0239/00L003, Flanders · tallest building 16.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MG LAW
since 20242.363.111.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0239/00L003 | Flanders | 2,698 m² | 1 · 454 m² | 16.1 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,100 EUR awarded · 2,100 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,100 EUR | 2,100 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 6,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-08-2024
Fiscal year end31-03
Activities, NACEBEL
69101Activities of lawyers
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.