Skip to content

MG Travaux

Active
Private limited companyfounded 2011active for 15 yearsAvenue Albert-Ier 2, 4030 Liège, BelgiumKBO/BCE: BE 0835.579.774
Summary

MG Travaux has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,725 and a net result of €18,300. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 9,787 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€323,601turnover 2025
Equity
€32,725
Profit
€18,300
Financial health
71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts filed 73 days late3 of 6 deeds read
Why 71raises riskLatest accounts 73 days late; 2 of the last 3 lateSize: turnover €323,601, total assets €77,804lowers riskLiquidity: current ratio 1.55, cash €52,471Founded in 2011Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 65% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 67+32
equity 42.1% of total assets
Liquidity 70+51
short-term debt 57.9% · cash 67.4%
Profitability 86+28
return on assets 23.5%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,603 companies, NACE 43, micro)
Last 24 months 11-2024: 1.5% 12-2024: 2.1%▲ +0.6 percentage points vs 11-2024 01-2025: 3.6%▲ +1.5 percentage points vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 4.7%▲ +1.1 percentage points vs 02-2025 04-2025: 4.8%▲ +0.1 percentage points vs 03-2025 05-2025: 4.7%▼ -0.1 percentage points vs 04-2025 06-2025: 4.5%▼ -0.2 percentage points vs 05-2025 07-2025: 4.7%▲ +0.2 percentage points vs 06-2025 08-2025: 5.4%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 1.4%▼ -4.0 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.5%▲ +0.1 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.4%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.7 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 0.6%▼ -1.8 percentage points vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.55, compared with 1.14 in 2024, above the usual 1.5; short-term debt: 57.9% and cash: 67.4% of total assets), but 57.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 45% on solvency, 69% on liquidity, 71% on profitability and 77% on growth.

The bankruptcy probability was computed on 22-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Latest accounts 73 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.55, cash €52,471
NBB · annual accounts
raises risk · Size: turnover €323,601, total assets €77,804
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €32,725
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 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 · 10 filings
Deviation from the deadline
2025
73 days late
2024
12 days late
2023
205 days late
2022
37 days late
2021
92 days late
2020
198 days late
2019
342 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 137 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 October (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: NGUENDA TINDO Marcelin (director)Admission: NGUENDA TINDO Marcelin (partner)…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Among the weakest 17% on equitysector median €253,152 · 9,789 companies €32,725 View
  • Caution: Latest accounts filed lateafter the legal deadline 73 days View
  • New directorlatest change 02-01-2026 · 2 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€323,601
Profit
€18,300
Solvency
42.1%
Turnover▲ 12.9%
Net result
20182025
Go to Financials

Timeline

Events
22
Since
2012
Next accounts
by 31-07-2027
  1. 31-03-2025Capital & shares · Resignations & appointments
  2. 21-02-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plastering workNACE 43310
Founded
18-04-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Purpose
“L’entreprise générale de construction et notamment le gros oeuvre,la maçonnerie et le…” (deed in French)
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.