Turnover—
EBIT margin—
Net result€5k
Working capital€-57k+12.1%
Directors1
Conclusion
the dossier summarised in one paragraphThe file of MGA contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.5% (average). The 2024 annual accounts show negative equity (€-49k) and a net result of €5k. Equity is shrinking by ~41.4% per year across the filed fiscal years. Its solvency ranks better than 14% of 183 sector peers (fiscal year 2024).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.5%
Average
0%0,5%1,5%4%10%≥25%
Young company
+Annual accounts: weaker financial profile
+Lower-failure-rate sector
−
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events29-04-2025
Bankruptcy
Bankruptcy reversal
02-04-2025
Bankruptcy
Opening
Financials
FY 2024
€-49k
equity
Turnover—
Net result€5kHealth21/100 · Critical
See full annual accounts
People & board
No director data processed yet.
To directors Publicationslatest 29-04-2025
2
publications in the State GazetteAll publications & acts Network & structure
No network or structure data processed.
To structure
Trust signals
1 signalPrior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette — no current open procedure.
Administrative Flags
0 events
No administrative flags
Company registry (CBE)
Crossroads BankActivities
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Carrosserieherstelling45204Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311Carrosserieherstelling (inclusief spuiten en verven)95314Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in andere motorvoertuigen (> 3,5 ton)45193Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Detailhandel in andere motorvoertuigen (> 3,5 ton)47812
Primary activity highlighted.
Names & trade names
| Legal nameNL | MGA |
Registered office
Glasstraat 45
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.