MGG Solutions
ActiveMGG Solutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148 and a net result of €1k. Its solvency ranks better than 8% of 8092 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+23
Solvency25▲+8
Growth78
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
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
0.4%
Return on assets
3.5%
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 8% of 8092 sector peers (2024).
NBB · sector comparisonPosition among 8092 sector peers
Solvency
better than 8%
← 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 31-08-2025, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€148
2023 · €-1k
2023: €-1k
2023 → 2024
Total assets
€34k▲ 166%
2023 · €13k
2023: €13k
2023 → 2024
Net result
€1k▲ 705%
2023 · €144
2023: €144
2023 → 2024
Working capital
€-1k▲ 20.4%
2023 · €-1k
2023: €-1k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€-1k-€148
Operating result€1k-€4k▲ 220%
Net result€144-€1k▲ 705%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 220% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34k
Fixed assets
€1k▲ 269%
Current assets
€32k▲ 164%
Equity and liabilities €34k
Equity
€148
Debt
€33k
Debt finances 99.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€4k▲
2023 · €1k
Cash flow
€2k▲
2023 · €210
Solvency
0.4%▲
2023 · -8.0%
Current ratio
0.97▲
2023 · 0.90
Quick ratio
0.97▲
2023 · 0.90
ROA
3.5%▲
2023 · 1.1%
Interest coverage
6.72▲
2023 · 3.55
Debt
€33k▲
2023 · €14k
Debt ≤ 1 year
€33k▲
2023 · €14k
Income taxes
€3k▲
2023 · €677
Equity ratios withheld: equity of €148 is too small for a meaningful ratio.
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€13k€34k▲
Fixed assets21/28€329€1k▲
Tangible fixed assets22/27€329€1k▲
Furniture and vehicles24€329€1k▲
Current assets29/58€12k€32k▲
Amounts receivable within one year40/41€3k€20k▲
Trade receivables40€3k-
Other amounts receivable41-€20k
Cash at bank and in hand54/58€9k€11k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€13k€34k▲
Equity10/15€-1k€148▲
Contributions10/11€500€500=
Outside capital11€500€500=
Other1109/19€500€500=
Profit (loss) carried forward14€-2k€-352▲
Amounts payable17/49€14k€33k▲
Amounts payable within one year42/48€14k€33k▲
Trade debts44€8k€26k▲
Suppliers440/4€8k€26k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Other amounts payable47/48€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66€389▲
Other operating charges640/8€375€38▼
Gross operating margin9900€2k€4k▲
Operating profit (loss)9901€1k€4k▲
Financial income75/76B€0€642▲
Recurring financial income75€0€642▲
Financial charges65/66B€348€616▲
Recurring financial charges65€348€616▲
Profit (loss) for the period before taxes9903€821€4k▲
Income taxes67/77€677€3k▲
Profit (loss) for the period9904€144€1k▲
Profit (loss) for the period to be appropriated9905€144€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-352▲
Profit (loss) brought forward from the previous period14P€-2k€-2k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
NBB filing
Directors · office · real estate
Directors
2 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, Schaarbeek · 1 establishment unit since 2020
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.
Eugène Plaskysquare 1051030 SchaarbeekGround area
4,570 m²
Building footprint
1,699 m²
Volume, LiDAR
64,057 m³
2 parcels, Brussels · tallest building 84.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
MGG Solutions
since 20202.310.427.756
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0424/00D000 | Brussels | 4,457 m² | 1 · 1,605 m² | 84.9 m · 9 fl. |
| 21905C0090/02N006 | Brussels | 113 m² | 1 · 94 m² | 20.1 m · 5 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.
Similar companies · same sector, comparable size
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GRID STRATEGY
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CORNALINE
BE 0790.453.592
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Verbiest Holdco
BE 1024.595.162
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MICHAEL DIERICKX
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 33,958 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded01-12-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46190Agents in non-specialised wholesale trade
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.