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MGG Solutions

Active
Limited partnershipfounded 2020active for 5 yearsEugène Plaskysquare 105, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0758.932.354
Summary

MGG Solutions has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148 and a net result of €1,160. The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-12-2020 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.310.427.756 1040 Brussel, since 01-12-2020
Financial year end
31 December
Peppol
Reachable since 03-12-2024

Board and ownership

Board
  • Van der Verren Guillaume JeanDirector

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2024
Gross margin
€4,175
▲ 159%
Turnover
≈ €28,000
estimated
Profit
€1,160
▲ 705%
Equity
€148
Total assets
€33,552
▲ 166%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 30-09-2025)Last filed accounts filed 61 days late; 3 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €33,552Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 40% of micro companies in head offices and management consultancy (NACE 70)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 25+8
equity 0.4% of total assets
Liquidity 42-8
short-term debt 99.6% · cash 33.6%
Profitability 73+23
return on assets 3.5%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,544 companies, NACE 70, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.4 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.97 (0.9 in 2023), below 1. Short-term debt is 99.6% and cash 33.6% of total assets. 99.6% 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 70, micro). It does better than 9% of them on solvency, 22% on liquidity, 37% on profitability and 91% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Six signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €33,552
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
31 days late
2023
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 62 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved from Etterbeek to BrusselsNew seat: Square Eugène Plasky 105/1, 1030 Bruxelles · Previous seat: Rue Van Maerlant 11/14-1040 Etterbeek
  2. · Gazette deed Incorporation
All 5 events

Key facts about MGG Solutions

What is the company number of MGG Solutions?
The company number of MGG Solutions is 0758.932.354. The VAT number is the same number with BE in front: BE 0758.932.354.
Where is MGG Solutions based?
The registered office is at Eugène Plaskysquare 105, 1030 Schaarbeek.Company details
What is the legal form of MGG Solutions?
The legal form of MGG Solutions is Limited partnership (CommV).
When was MGG Solutions founded?
MGG Solutions was founded on 01-12-2020.
Is MGG Solutions still active?
Yes, MGG Solutions is an active enterprise in the KBO register.
What is the turnover of MGG Solutions?
The turnover in financial year 2024 is ≈ €28,000. This figure is estimated from the gross margin of €4,175 and 2,711 comparable companies of the same size. It probably lies between €12,000 and €71,000. It is a rough estimate.Financials
Is MGG Solutions profitable?
In financial year 2024, MGG Solutions made a profit of €1,160.
Where can I find the annual accounts of MGG Solutions?
MGG Solutions filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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