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MGB Holding

Active Risk: not assessed
Public limited companyfounded 20242 yrs activeSquare des Papeteries 40, 1332 Rixensart, BelgiumKBO/BCE: BE 1013.636.439
Summary

MGB Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €89,278 and a net result of -€10,722. Its solvency ranks better than 10% of 2790 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
50 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 50 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 16 September 2024, MGB Holding was incorporated as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Equity
€89,278
Net result
-€10,722
Total assets
€1.3m
Solvency
6.8%
Balance-sheet composition
Assets €1.3m
Fixed assets €1.3m
Current assets €7,251
Equity and liabilities €1.3m
Equity €89,278
Debt €1.2m
Debt finances 93.2% of the balance-sheet total.
Key figures and ratios
2024 value
ROE
-12.0%
ROA
-0.8%
Debt ≤ 1 year
€32,434
Debt > 1 year
€1.2m
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€1.3m
Formation expenses20€1,419
Fixed assets21/28€1.3m
Financial fixed assets28€1.3m
Current assets29/58€7,251
Amounts receivable within one year40/41€4,367
Other amounts receivable41€4,367
Cash at bank and in hand54/58€2,884
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€89,278
Contributions10/11€100,000
Capital10€100,000
Issued capital100€100,000
Profit (loss) carried forward14-€10,722
Amounts payable17/49€1.2m
Amounts payable after more than one year17€1.2m
Financial debts170/4€1.1m
Other amounts payable178/9€130,000
Amounts payable within one year42/48€32,434
Current portion of amounts payable after more than one year42€22,743
Trade debts44€9,692
Suppliers440/4€9,692
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81
Other operating charges640/8€387
Gross operating margin9900-€6,528
Operating profit (loss)9901-€6,997
Financial charges65/66B€3,725
Recurring financial charges65€3,725
Profit (loss) for the period before taxes9903-€10,722
Profit (loss) for the period9904-€10,722
Profit (loss) for the period to be appropriated9905-€10,722
Appropriation of the result
Profit (loss) to be appropriated9906-€10,722
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81
Other operating charges640/8€387
Gross operating margin9900-€6,528
Operating profit (loss)9901-€6,997
Financial charges65/66B€3,725
Recurring financial charges65€3,725
Profit (loss) for the period before taxes9903-€10,722
Profit (loss) for the period9904-€10,722
Profit (loss) for the period to be appropriated9905-€10,722
Line2024
Assets
Total assets20/58€1.3m
Formation expenses20€1,419
Fixed assets21/28€1.3m
Financial fixed assets28€1.3m
Current assets29/58€7,251
Amounts receivable within one year40/41€4,367
Other amounts receivable41€4,367
Cash at bank and in hand54/58€2,884
Equity and liabilities
Total equity and liabilities10/49€1.3m
Equity10/15€89,278
Contributions10/11€100,000
Capital10€100,000
Issued capital100€100,000
Profit (loss) carried forward14-€10,722
Amounts payable17/49€1.2m
Amounts payable after more than one year17€1.2m
Financial debts170/4€1.1m
Other amounts payable178/9€130,000
Amounts payable within one year42/48€32,434
Current portion of amounts payable after more than one year42€22,743
Trade debts44€9,692
Suppliers440/4€9,692
Line2024
Profit (loss) for the period9904-€10,722
+ Depreciation and write-downs630€81
Operating cash flow (approximation)-€10,641

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
19-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 50 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
1,087 m²
Parcel 25033B0525/00M006, Wallonia. Linked by address, not a title deed.
1 establishment unit
MGB Holding
Square des Papeteries 40, 1332 RixensartHoldings
since 20242.363.736.778
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25033B0525/00M006 Wallonia 1,087 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of MGB Holding and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 12,061 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013636439
Also 9925:BE1013636439
Registered 24-07-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.