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MGA GROUPE BE

Active
Private limited companyfounded 2019active for 7 yearsPlace du Four 3, 6980 La Roche-en-Ardenne, BelgiumKBO/BCE: BE 0732.633.971
Summary

The computed 12-month bankruptcy probability of MGA GROUPE BE is 1.5% (moderate). The 2025 annual accounts show negative equity (-€29,771) and a net result of -€4,978. Equity has been shrinking by about 35% per year since 2019. Its solvency ranks better than 5% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-08-2019 Normal situation
Activity
Wholesale trade NACE 46120and 3 others
Establishment unit
2.292.854.623 6980 La Roche-en-Ardenne, since 16-08-2019
Financial year end
31 December
Peppol
Reachable since 23-03-2026

Board and ownership

Board
  • Maes DirkDirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
-€3,920
▲ 23.0%
Loss
€4,978
▼ 9.7%
Equity
-€29,771
▼ 20.1%
Total assets
€1,108
▲ 274%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 6 days after the deadline
Turnover not published (micro format)
Filed on 06-08-2026
Score breakdownraises riskCapped at 59: negative equityLoss of €4,978, the second in a row (financial year 2025)Negative equity -€29,771Founded in 2019lowers riskSize: total assets €1,108Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -2687.1% of total assets
Liquidity 1-7
short-term debt 2787.1% · cash 0.7%
Profitability 0=
return on assets -449.3%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.4 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.1 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026lowest value 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.5%▼ -0.7 percentage points vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 4% on liquidity, 6% on profitability and 19% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1,108
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €4,978, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€29,771
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€29,771
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filings
Deviation from the deadline
2025
6 days late
2024
161 days early
2023
33 days early
2022
41 days early
2021
40 days early
2020
9 days early
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 21 June (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€29,771 View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€4,978 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 40.6% · 13,716 companies -2687.1% View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as MGA GROUPE BE: wholesale trade (NACE 46120). They are comparable in size and age: total assets between €487 and €7,340, founded between 2012 and 2025.

CompanyTotal assetsGross margin
MGA GROUPE BE La Roche-en-Ardenne€1,108-€3,920
AWB-Projects Tremelo€1,333-€5,764
Alpha Import & Export Bree€487-€2,138
ESL BELGIUM Antwerpen€5,078€1,877
TRUST COMPANY Gesves€6,610-€42,974
ROLANDE BELGIUM Kontich€2,251-€5,122
Vinmar Belgium Sint-Joost-ten-Node€7,337-€15,307
Full comparison

Key facts about MGA GROUPE BE

What is the company number of MGA GROUPE BE?
The company number of MGA GROUPE BE is 0732.633.971. The VAT number is the same number with BE in front: BE 0732.633.971.
Where is MGA GROUPE BE based?
The registered office is at Place du Four 3, 6980 La Roche-en-Ardenne.Company details
What does MGA GROUPE BE do?
According to the KBO register, the main activity is wholesale trade (NACE 46120).
What is the legal form of MGA GROUPE BE?
The legal form of MGA GROUPE BE is Private limited company (BV).
When was MGA GROUPE BE founded?
MGA GROUPE BE was founded on 16-08-2019.
Is MGA GROUPE BE still active?
Yes, MGA GROUPE BE is an active enterprise in the KBO register.
What is the turnover of MGA GROUPE BE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MGA GROUPE BE profitable?
In financial year 2025, MGA GROUPE BE made a loss of €4,978.
Where can I find the annual accounts of MGA GROUPE BE?
MGA GROUPE BE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MGA GROUPE BE due?
MGA GROUPE BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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