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MGE

Active Private limited companyfounded 1998active for 28 yearsChaussée de Nivelles 6D/8, 1472 GenappeKBO/BCE: BE 0463.927.739

Lifetime

20 annual accounts with figures on one time axis, 27 filings since 1998
peak €51,941 (2013)
€28,901▲ 60.4%
lowest -€3,105 (2007)
€8,254▲ 30.0%
peak €53,766 (2025)
€53,766▲ 16.0%
€205,248▲ 84.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €18,022 to €28,901Result from €6,350 to €8,254Dividend €833Equity from €46,345 to €53,766Debts from €111,492 to €205,248Investments €16,028

Key points

from the 2025 annual accounts

Equity

€53,766 ▲ 16.0%

MGE has made a profit without a break since 2015.

Debts

€205,248 ▲ 84.1%
Suppliers
+88,300
Taxes and wages
+4,073
The rest
+1,383

Debts rose by €93,756 in 2025.

Investments

€16,028 5.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

2025 accounts filed 21 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as MGE has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,986 companies, not a prediction for MGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • all the sharesdeed of 26-10-2021
Board & ownership

Recent changes

Registered office moved to Genappe Chaussee De Nivelles New registered office: 1490 GENAPPE CHAUSSEE DE NIVELLES 6D/8 · Board meeting of 14-06-2024 · Gazette deed
Company renamed from Métrologie et Gestion D’Environnement en abrégé M.G.E. to MGE Change of role: , from manager to director · Permanent representative: · “L'objet social de la société et de ses unités d'établissement est de manière générale une société de conseil…” (deed in French) · General meeting of 21-10-2021 · Gazette deed
First establishment Chaussée de Nivelles 6D, Genappe
Incorporation published on 13-08-1998 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
MGE Genappe €259,014 €28,901 20.8% -
Valeur Ajoutée Braine-l'Alleud €245,115 €32,269 77.4% -
COMPAGNIE INTERNATIONALE DE MANAGEMENT ET DE MARKETING Wavre €280,350 €32,856 1.4% -
MD Conseils et Accompagnement Ottignies-Louvain-la-Neuve €206,140 €31,266 77.8% -
CIJFERAARS Bruges €264,548 €29,457 50.0% -
VOBIMO Ixelles €253,705 €27,441 36.2% -
Aries Organization Design Ghent €241,228 €28,603 93.2% -

These companies have the same main activity as MGE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €206,000 and €280,000, founded between 1996 and 2002.

Official details

Source: KBO
Status
Active since 03-08-1998Normal situation
Registered office
13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 15 November 2026.
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.090.651.5891472 Genappe, since 08-04-1999
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

≈ €84,000estimated
€259,014▲ 64.1%
Filing
Filed on 21-08-2026
Financials

Insights on MGE

MGE files the micro format. That format states no turnover. The gross margin rose from €26,218 in 2006 to €28,901 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MGE

What is the company number of MGE?
The company number of MGE is 0463.927.739. The VAT number is the same number with BE in front: BE 0463.927.739.
Where is MGE based?
The registered office is at Chaussée de Nivelles 6D/8, 1472 Genappe.Company details
What does MGE do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of MGE?
MGE is a private limited company (BV).
When was MGE founded?
MGE was founded on 03-08-1998.
Is MGE still active?
Yes, MGE is an active enterprise in the KBO register.
What is the turnover of MGE?
The turnover in financial year 2025 is ≈ €84,000. This figure is estimated from the gross margin of €28,901 and 165 comparable companies (NACE 70200). It probably lies between €51,000 and €120,000.Financials
Is MGE profitable?
In financial year 2025, MGE made a profit of €8,254.
Where can I find the annual accounts of MGE?
MGE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MGE due?
MGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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