MG SYSTEME
ActiveSummary
MG SYSTEME has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,758 and a net result of €42,852. Equity has been growing by about 20% per year since 2019. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-08-2014 Normal situation
- Activity
- General electrical installation work NACE 43211and 2 others
- Establishment unit
- 2.233.832.596 4780 Sankt Vith, since 29-08-2014
- Financial year end
- 31 March
- Peppol
- Reachable since 01-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €74,896
- ▲ 10.2%
- Turnover
- ≈ €270,000
- estimated
- Profit
- €42,852
- ▲ 20.4%
- Equity
- €179,758
- ▲ 30.5%
- Total assets
- €227,087
- ▲ 15.4%
- 2026 accounts not filed, 5 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 30-10-2025)lowers riskLiquidity: current ratio 4.25, cash €149,119Equity €179,758 (79.2% of total assets)Founded in 2014Show the evidence
Checked score
Fewer than 1 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 43, micro). It does better than 90% of them on solvency, 91% on liquidity, 78% on profitability and 75% on growth.
The bankruptcy probability was computed on 04-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
- Positive: 7 profitable years in a rowprofit 2025: €42,852 7 years View
Recent changes
- · Gazette deed Registered office moved within Saint-VithNew seat: Emmels - Holzberg 13, 4780 Saint-Vith · Previous seat: Emmels - Holzberg 17, 4780 Saint-Vith · Appointment: GRIDELET Martin (sole director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MG SYSTEME: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €237,000 and €265,000, founded between 2012 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| MG SYSTEME Sankt Vith | €227,087 | €74,896 |
| B.E ELEC Waremme | €264,785 | €69,829 |
| the-Environment Gent | €247,940 | €69,896 |
| BC Technix Houthalen-Helchteren | €246,866 | €85,649 |
| LEDIXO Zandhoven | €236,910 | €71,005 |
| Vandenhaute Rik Pajottegem | €241,171 | €62,665 |
| FHLinK Kaprijke | €247,764 | €71,390 |
Key facts about MG SYSTEME
- What is the company number of MG SYSTEME?
- The company number of MG SYSTEME is 0559.954.373. The VAT number is the same number with BE in front: BE 0559.954.373.
- Where is MG SYSTEME based?
- The registered office is at Holzberg,Emmels 13, 4780 Sankt Vith.Company details
- What does MG SYSTEME do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of MG SYSTEME?
- The legal form of MG SYSTEME is Private limited company (BV).
- When was MG SYSTEME founded?
- MG SYSTEME was founded on 08-08-2014.
- Is MG SYSTEME still active?
- Yes, MG SYSTEME is an active enterprise in the KBO register.
- What is the turnover of MG SYSTEME?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €74,896 and 52 comparable companies (NACE 43211). It probably lies between €180,000 and €410,000.Financials
- Is MG SYSTEME profitable?
- In financial year 2025, MG SYSTEME made a profit of €42,852.
- Where can I find the annual accounts of MG SYSTEME?
- MG SYSTEME filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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