MG Media
ActiveSummary
MG Media has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €17k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 1933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+2
Solvency100▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.73 against 1.98 in 2023; short-term debt: 20% and cash: 35.3% of total assets), and 24.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
56 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 36.8%
2023 · €45k
2022: €33k
2023: €45k
2022 → 2024
Total assets
€82k▲ 22.6%
2023 · €67k
2022: €74k
2023: €67k
2022 → 2024
Net result
€17k▲ 36.6%
2023 · €12k
2022: €31k
2023: €12k
2022 → 2024
Working capital
€28k▲ 69.2%
2023 · €17k
2022: €6k
2023: €17k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€33k-€45k▲ 36.8%€62k▲ 36.8%
Operating result€38k-€19k▼ 50.8%€26k▲ 41.0%
Net result€31k-€12k▼ 60.2%€17k▲ 36.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 41% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€37k ▲ 12.7%
Current assets
€45k ▲ 32.4%
Equity and liabilities €82k
Equity
€62k ▲ 36.8%
Debt
€20k ▼ 7.3%
Debt's share of the balance-sheet total falls from 32.1% to 24.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2023 · €29k
Cash flow
€28k▲
2023 · €23k
Current ratio
2.73▲
2023 · 1.98
Quick ratio
2.58▲
2023 · 1.98
Debt to equity
0.32▼
2023 · 0.47
ROE
26.9%▼
2023 · 26.9%
ROA
20.4%▲
2023 · 18.3%
Interest coverage
9.13▼
2023 · 12.24
Debt ≤ 1 year
€16k▼
2023 · €17k
Debt > 1 year
€3k▼
2023 · €4k
Income taxes
€6k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€67k€82k▲
Formation expenses20€0€0=
Fixed assets21/28€33k€37k▲
Intangible fixed assets21-€297
Tangible fixed assets22/27€33k€37k▲
Plant, machinery and equipment23€25k€33k▲
Furniture and vehicles24€8k€4k▼
Other tangible fixed assets26€347€309▼
Current assets29/58€34k€45k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€14k€11k▼
Other amounts receivable41€543€329▼
Cash at bank and in hand54/58€19k€29k▲
Deferred charges and accrued income490/1€201€2k▲
Equity and liabilities
Total equity and liabilities10/49€67k€82k▲
Equity10/15€45k€62k▲
Contributions10/11€3k€3k=
Reserves13€43k€60k▲
Distributable reserves133€43k€60k▲
Amounts payable17/49€21k€20k▼
Amounts payable after more than one year17€4k€3k▼
Financial debts170/4€4k€3k▼
Amounts payable within one year42/48€17k€16k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€2k€210▼
Suppliers440/4€2k€210▼
Taxes, remuneration and social security45€8k€10k▲
Taxes450/3€8k€10k▲
Other amounts payable47/48€371-
Accrued charges and deferred income492/3-€190
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€949€846▼
Gross operating margin9900€30k€39k▲
Operating profit (loss)9901€19k€26k▲
Financial income75/76B€0€44▲
Recurring financial income75€0€44▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€16k€22k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€12k€17k▲
Profit (loss) for the period to be appropriated9905€12k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k▲
Transfer to equity691/2€12k€17k▲
To other reserves6921€12k€17k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €12k ▼60.2%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Tessenderlo-Ham · 1 establishment unit since 2022
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.
De Wijngaard 573945 Tessenderlo-HamGround area
183 m²
Building footprint
108 m²
Volume, LiDAR
522 m³
Parcel 71046B1107/00E002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MG Media
since 20222.336.264.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046B1107/00E002 | Flanders | 183 m² | 1 · 108 m² | 7.9 m · 2 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.
Similar companies · same sector, comparable size
ALTRA MEDIA
BE 0762.934.791
Opwijk · Eq €62,111
CLIC & CONSULT
BE 0764.522.920
Anhée · Eq €62,318
Dries Degrande
BE 0753.419.586
Puurs-Sint-Amands · Eq €62,360
DWARS
BE 0731.971.502
Antwerpen · Eq €62,401
ImagYves
BE 0823.546.331
Hannut · Eq €62,646
Of 2,575 companies in sector 59113 we hold annual accounts for 703. 566 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.