MG SPORTS
ActiveSummary
MG SPORTS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,682 and a net result of -€7,591. Equity has been growing by about 42% per year since 2021. Its solvency ranks better than 46% of 2,865 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
Source: KBO- Status
- Active since 27-10-2021 Normal situation
- Activity
- Operation of sports facilities NACE 93110and 2 others
- Establishment unit
- 2.326.197.778 1140 Evere, since 27-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €62,990
- ▲ 5.0%
- Turnover
- ≈ €190,000
- estimated
- Loss
- €7,591
- Equity
- €15,682
- ▼ 32.6%
- Total assets
- €68,106
- ▼ 27.4%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.09, cash €3,895lowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €68,106Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 93, micro). It does better than 45% of them on solvency, 16% on liquidity, 37% on profitability and 18% on growth.
The bankruptcy probability was computed on 01-11-2026 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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Signals
The company filed its last 5 accounts on average 30 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MG SPORTS: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €53,200 and €103,000, founded between 2020 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| MG SPORTS Dilbeek | €68,106 | €62,990 |
| WARRIOR FACTORY Vilvoorde | €91,000 | €72,851 |
| LCJ SPORT Ohey | €53,250 | €90,783 |
| FORWARD SPORTS CLUB Hasselt | €65,862 | €38,688 |
| ALLNATFIT Charleroi | €74,852 | €50,131 |
| Padelland Antwerpen | €102,820 | €85,362 |
| DL-HAPPYFITBODY Couvin | €99,527 | €94,352 |
Key facts about MG SPORTS
- What is the company number of MG SPORTS?
- The company number of MG SPORTS is 0776.537.656. The VAT number is the same number with BE in front: BE 0776.537.656.
- Where is MG SPORTS based?
- The registered office is at Kloosterstraat 171, 1700 Dilbeek.Company details
- What does MG SPORTS do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of MG SPORTS?
- The legal form of MG SPORTS is Private limited company (BV).
- When was MG SPORTS founded?
- MG SPORTS was founded on 27-10-2021.
- Is MG SPORTS still active?
- Yes, MG SPORTS is an active enterprise in the KBO register.
- How many employees does MG SPORTS have?
- MG SPORTS had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MG SPORTS?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €62,990 and 2,678 comparable companies of the same size. It probably lies between €120,000 and €330,000. It is a rough estimate.
- Is MG SPORTS profitable?
- In financial year 2025, MG SPORTS made a loss of €7,591.
- Where can I find the annual accounts of MG SPORTS?
- MG SPORTS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MG SPORTS due?
- MG SPORTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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