Turnover
≈ €280,000 estimated
The micro format states no turnover.
MG STORE
Lifetime
1 annual account with figurespeak €56,835 (2025)
€56,835
peak €32,027 (2025)
€32,027
peak €37,027 (2025)
€37,027
€94,498
Board2 names since 2025
2 directorsGIUSTIZIERI,Cindy Martine Paola and 1 other
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Incorporation 10-021 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€94,498 72% of the balance sheet
Financial debts 16%Suppliers 30%Taxes and wages 16%Other 38%
Of this, €79,086 falls due within a year.
Position in the sector
€32,027
Higher net result than 81% of companies in retail trade. Sector median €5,048 · 22,907 companies.
2025 accounts filed 13 days after the deadline
Checked score
68
Healthy
Financially stronger than 69% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 1.8%
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026
06-2026: 2.3%▲ +0.4 percentage points vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 2.6%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 1.0%▲ +0.1 percentage points vs 09-2026
11-2026: 0.9%▼ -0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €131,524
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 1.03, cash €51,317
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 47, micro). It does better than 44% of them on solvency, 74% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,390 companies had the same profile as MG STORE has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MG STORE itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 2,390 companies, not a prediction for MG STORE. 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
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03, below the usual 1.5. Short-term debt is 60.1% and cash 39% of total assets. 71.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
13 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MUNI,Michaël 50 sharesdeed of 10-02-2025
- GIUSTIZIERI,Cindy Martine Paola 50 sharesdeed of 10-02-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019717151
Incorporation
Founding capital of €5,000, 100 shares · Founders: MUNI, Michaël; GIUSTIZIERI, Cindy Martine Paola · Appointments: MUNI, Michaël (director) and GIUSTIZIERI, Cindy Martine Paola (director) · published on 10-02-2025 · Gazette deed
First establishment
Rue Doumier 142, Ans
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MG STORE Ans | €131,524 | €56,835 | 28.2% | - |
| WILL'S Aywaille | €134,569 | €31,655 | 20.7% | - |
| LUCID COLLECTIVE Auderghem | €125,796 | €42,075 | 69.7% | - |
| AMVW Waterloo | €143,220 | €39,172 | 33.2% | 0.6 |
| SENIORENMODE Geraardsbergen | €97,481 | €84,475 | 51.8% | - |
| Samsøe & Samsøe Gent Antwerp | €183,106 | €56,572 | 11.2% | - |
| Lukraak Ghent | €86,249 | €44,293 | 1.8% | - |
These companies have the same main activity as MG STORE: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €86,200 and €183,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 06-02-2025Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716
- Establishment unit
- 2.369.966.9504430 Ans, since 06-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on MG STORE
MG STORE has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,027 and a net result of €32,027.
Its solvency ranks better than 46% of 22,924 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
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 STORE
- What is the company number of MG STORE?
- The company number of MG STORE is 1019.717.151. The VAT number is the same number with BE in front: BE 1019.717.151.
- Where is MG STORE based?
- The registered office is at Rue Doumier 142, 4430 Ans.Company details
- What does MG STORE do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of MG STORE?
- MG STORE is a private limited company (BV).
- When was MG STORE founded?
- MG STORE was founded on 06-02-2025.
- Is MG STORE still active?
- Yes, MG STORE is an active enterprise in the KBO register.
- What is the turnover of MG STORE?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €56,835 and 45 comparable companies (NACE 477). It probably lies between €150,000 and €370,000.Financials
- Is MG STORE profitable?
- In financial year 2025, MG STORE made a profit of €32,027.
- Where can I find the annual accounts of MG STORE?
- MG STORE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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