MGBC
ActiveMGBC has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €27k. Equity is shrinking by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+81
Solvency38▲+13
Growth55=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.05 in 2023; short-term debt: 4.2% and cash: 0.9% of total assets), and 87.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.6%
Return on assets
12.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 20785 sector peers (2024).
NBB · sector comparisonPosition among 20785 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
55 d late
2022
22 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€117k▲ 0.2%
2023 · €117k
2022: €65k
2023: €117k
2022 → 2024
EBIT margin
31.3%▲ 54.3pp
2023 · -23.0%
2022: 58.9%
2023: -23.0%
2022 → 2024
Net result
€27k
2023 · €-42k
2022: €38k
2023: €-42k
2022 → 2024
Working capital
€-4k▲ 88.1%
2023 · €-35k
2022: €41k
2023: €-35k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€65k-€117k▲ 79.4%€117k▲ 0.2%
Equity€41k-€-562€26k
Operating result€38k-€-27k€37k
Net result€38k-€-42k€27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €37k after a loss of €27k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206k
Fixed assets
€202k▼ 4.1%
Current assets
€5k▲ 144%
Equity and liabilities €206k
Equity
€26k
Debt
€181k
Debt finances 87.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€46k▲
2023 · €-19k
Cash flow
€35k▲
2023 · €-34k
Solvency
12.6%▲
2023 · -0.3%
Current ratio
0.52▲
2023 · 0.05
Quick ratio
0.52▲
2023 · 0.05
Debt / equity
6.96
ROE
102.2%
ROA
12.8%▲
2023 · -19.7%
Interest coverage
4.44▲
2023 · -2.68
Debt
€181k▼
2023 · €213k
Debt ≤ 1 year
€9k▼
2023 · €37k
Debt > 1 year
€172k▼
2023 · €177k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€213k€206k▼
Formation expenses20€200-
Fixed assets21/28€211k€202k▼
Tangible fixed assets22/27€211k€202k▼
Land and buildings22€209k€201k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€2k€5k▲
Amounts receivable within one year40/41€194€2k▲
Other amounts receivable41€194€2k▲
Cash at bank and in hand54/58€852€2k▲
Deferred charges and accrued income490/1€824€824=
Equity and liabilities
Total equity and liabilities10/49€213k€206k▼
Equity10/15€-562€26k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-4k€23k▲
Amounts payable17/49€213k€181k▼
Amounts payable after more than one year17€177k€172k▼
Financial debts170/4€177k€172k▼
Amounts payable within one year42/48€37k€9k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45€19k-
Taxes450/3€19k-
Other amounts payable47/48€2k€269▼
Income statement
Code20232024
Turnover70€117k€117k▲
Goods, raw materials, services and sundry goods60/61€134k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-17k€47k▲
Operating profit (loss)9901€-27k€37k▲
Financial income75/76B€35€6▼
Recurring financial income75€35€6▼
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€-34k€27k▲
Income taxes67/77€8k-
Profit (loss) for the period9904€-42k€27k▲
Profit (loss) for the period to be appropriated9905€-42k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€23k▲
Profit (loss) brought forward from the previous period14P€38k€-4k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Weakest financial yearnet €-42k ▼209%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Bernissart · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Montagne(BLA) 327321 BernissartGround area
777 m²
Building footprint
249 m²
Volume, LiDAR
455 m³
2 parcels, Wallonia · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MGBC
since 20222.331.293.743
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57009B0829/00A002 | Wallonia | 621 m² | 1 · 188 m² | - |
| 53078A0327/00D002 | Wallonia | 155 m² | 1 · 61 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AIMDIGITAL
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 13,909 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2022
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.