Equity
€652,632 ▲ 125%
mg.recht has made a profit in every financial year since 2023.
mg.recht
Lifetime
3 annual accounts with figures on one time axispeak €493,112 (2025)
€493,112▲ 119%
peak €362,702 (2025)
€362,702▲ 123%
peak €652,632 (2025)
€652,632▲ 125%
€178,182▲ 8.4%
Board1 name since 2022
1 director
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €225,543 to €493,112Result from €162,627 to €362,702Equity from €289,930 to €652,632Cash from €247,413 to €361,712
Key points
from the 2025 annual accountsResult
€362,702 ▲ 123%
The result rose in 2025 from €162,627 to €362,702.
Turnover
≈ €840,000 estimated
The micro format states no turnover.
Liquidity
4.86 was 2.95 in 2024
Short-term debts rose from €140,826 to €165,594.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 5 days after the end of the period.
Position in the sector
€362,702
Higher net result than 95% of companies in legal and accounting. Sector median €37,367 · 15,836 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as mg.recht has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for mg.recht. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787567348
Incorporation
Founding capital of €2,000, 100 shares · Founder: · Appointment: (statutory director) · published on 27-06-2022 · Gazette deed
First establishment
Beekstraatdries 42, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| mg.recht Ghent | €0.8m | €493,112 | 78.6% | - |
| EUCLID LAW Brussels | €0.8m | €533,276 | 51.2% | - |
| Sherwood Ghent | €1.1m | €420,622 | 0.2% | - |
| ODIGO ADVOCATEN KORTRIJK-GENT-BRUSSEL Kortrijk | €1.0m | €573,076 | 27.4% | 4.3 |
| Yann Padova Ixelles | €0.8m | €514,381 | 69.5% | - |
| Scalius Woluwe-Saint-Lambert | €1.0m | €448,048 | 38.5% | - |
| DATARECHT Watermael-Boitsfort | €0.7m | €421,360 | 95.7% | - |
These companies have the same main activity as mg.recht: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €715,000 and €1.1m, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 23-06-2022Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.332.445.5689030 Ghent, since 23-06-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 30-12-2025
Insights on mg.recht
mg.recht files the micro format. That format states no turnover. The gross margin rose from €176,812 in 2023 to €493,112 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about mg.recht
- What is the company number of mg.recht?
- The company number of mg.recht is 0787.567.348. The VAT number is the same number with BE in front: BE 0787.567.348.
- Where is mg.recht based?
- The registered office is at Beekstraatdries 42, 9030 Ghent.Company details
- What does mg.recht do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of mg.recht?
- mg.recht is a private limited company (BV).
- When was mg.recht founded?
- mg.recht was founded on 23-06-2022.
- Is mg.recht still active?
- Yes, mg.recht is an active enterprise in the KBO register.
- What is the turnover of mg.recht?
- The turnover in financial year 2025 is ≈ €840,000. This figure is estimated from the gross margin of €493,112 and 35 comparable companies (NACE 69). It probably lies between €700,000 and €1.0m.Financials
- Is mg.recht profitable?
- In financial year 2025, mg.recht made a profit of €362,702.
- Where can I find the annual accounts of mg.recht?
- mg.recht filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of mg.recht due?
- mg.recht must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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