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MGD INVEST

Active
Private limited companyfounded 2019active for 7 yearsKeltenlaan 51, 1040 Etterbeek, BelgiumKBO/BCE: BE 0735.771.031
Summary

The computed 12-month bankruptcy probability of MGD INVEST is 2.5% (moderate). The 2025 annual accounts show equity of €62,530 and a net result of €15,823, of which €189,390 non-recurring income. Equity has been growing by about 34% per year since 2020. Its solvency ranks better than 33% of 1,373 sector peers (NACE 96, 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 07-10-2019 Normal situation
Activity
Hairdressing and barber services NACE 96210
Establishment units
4 establishment units
Financial year end
31 December
Peppol
Reachable since 15-07-2025

Board and ownership

Board
  • Gunel DavidDirector · since 07-10-2019

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Gross margin
€439,490
▲ 54.6%
Turnover
≈ €500,000
estimated
Profit
€15,823
▼ 58.9%
Equity
€62,530
▲ 33.9%
Total assets
€472,828
▲ 95.9%
Employees on 31-12-2025
11
▲ 175%
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskSize: 8.6 FTE, total assets €472,828Equity €62,530 (13.2% of total assets)Founded in 20194 establishment unitsShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Weak
Solvency 38-6
equity 13.2% of total assets
Liquidity 13-4
short-term debt 81.7% · cash 6.4%
Profitability 61-28
return on assets 3.3%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 3.7% 01-2025: 3.5%▼ -0.2 percentage points vs 12-2024 02-2025: 3.5%● unchanged vs 01-2025 03-2025: 3.5%● unchanged vs 02-2025 04-2025: 3.7%▲ +0.2 percentage points vs 03-2025 05-2025: 3.8%▲ +0.1 percentage points vs 04-2025 06-2025: 3.8%● unchanged vs 05-2025 07-2025: 4.0%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 2.4%▼ -1.6 percentage points vs 07-2025 09-2025: 2.4%● unchanged vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.1%▼ -0.3 percentage points vs 12-2025 02-2026: 2.0%▼ -0.1 percentage points vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026lowest value 04-2026: 2.2%▲ +0.2 percentage points vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.1%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%▲ +0.4 percentage points vs 06-2026 08-2026: 2.4%▼ -0.1 percentage points vs 07-2026 09-2026: 2.5%▲ +0.1 percentage points vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026 11-2026: 2.5%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (0.54 in 2024), below 1. Short-term debt is 81.7% and cash 6.4% of total assets. 86.8% of the assets are financed with debt and provisions.
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 96, micro). It does better than 39% of them on solvency, 12% on liquidity, 41% on profitability and 76% 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

Five signals.
raises riskneutral
raises risk · Size: 8.6 FTE, total assets €472,828
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €62,530 (13.2% of total assets)
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 · 4 establishment units
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 days early
2024
23 days early
2023
49 days early
2022
80 days early
2021
38 days early
2020
72 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 44 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% 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 23 June (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

Comparable companies

These companies have the same main activity as MGD INVEST: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €217,000 and €755,000, founded between 2011 and 2020.

CompanyTotal assetsGross margin
MGD INVEST Etterbeek€472,828€439,490
MIRKO Leuven€558,960€342,084
LAURENCE ATANASOV Neupré€754,596€511,963
V.I.P COIFFURE Louvain-la-Neuve La Louvière€368,931€687,389
XYD Fleurus€216,941€295,223
HAIR 2 CARE Duffel€575,123€521,979
MC COIFFURE Aiseau-Presles€560,230€446,915
Full comparison

Key facts about MGD INVEST

What is the company number of MGD INVEST?
The company number of MGD INVEST is 0735.771.031. The VAT number is the same number with BE in front: BE 0735.771.031.
Where is MGD INVEST based?
The registered office is at Keltenlaan 51, 1040 Etterbeek.Company details
What does MGD INVEST do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of MGD INVEST?
The legal form of MGD INVEST is Private limited company (BV).
When was MGD INVEST founded?
MGD INVEST was founded on 07-10-2019.
Is MGD INVEST still active?
Yes, MGD INVEST is an active enterprise in the KBO register.
How many employees does MGD INVEST have?
MGD INVEST had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MGD INVEST?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €439,490 and 30 comparable companies (NACE 96). It probably lies between €460,000 and €820,000.
Is MGD INVEST profitable?
In financial year 2025, MGD INVEST made a profit of €15,823.
Where can I find the annual accounts of MGD INVEST?
MGD INVEST filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MGD INVEST due?
MGD INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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