Equity
€24,198 from €177,283 in 2021
Equity fell by 86% in 4 years.
MGH
Part of the group
21 companies in 3 countries
Lifetime
17 annual accounts with figures on one time axispeak €56,524 (2009)
-€4,307▲ €3,105
lowest -€71,809 (2023)
-€35,192▲ €5,616
peak €177,283 (2021)
€24,198▼ 59.3%
€961,103▲ 9.4%
Board2 names since 2008
2 directors and 1 other
Owners
consolidates
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Gross margin from -€7,412 to -€4,307Loss of €35,192Equity from €59,390 to €24,198
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 910 companies had the same profile as MGH has now. Each dot stands for 3 companies, two years later.
95.2%
were still trading
2.2%
stopped another way
2.4%
went bankrupt
Another 0.2% 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.
| 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 910 companies, not a prediction for MGH. 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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Signals
Board and ownership
Director, since 11-12-2008
Director, since 11-12-2008
- 99%equity -€297,644 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808338414
Registered office moved from Uccle to Brussels
New registered office: 251, Avenue Louise B-1050 Bruxelles · Previous registered office: 43, Drève du Caporal à 1180 Uccle · Board meeting of 23-03-2021 · Gazette deed
First establishment
Korporaaldreef 43, Uccle
Incorporation
published on 19-12-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MGH Uccle | €1.0m | -€4,307 | 2.5% | - |
| PRODUCTION PIRATES Herentals | €0.3m | -€61,415 | -86.3% | 4.5 |
| MOLTOPIXIE Boortmeerbeek | €0.2m | -€8,442 | 59.3% | - |
| ARTY & CO Ixelles | €1.6m | -€3,053 | 66.5% | - |
| TWICE XP Roeselare | €0.7m | -€43,902 | -73.3% | 8.3 |
| DEODATO.BE Etterbeek | €0.4m | -€665 | -25.4% | - |
| Constructlab Belgium VZW Ghent | €0.2m | -€3,734 | 5.6% | - |
These companies have the same main activity as MGH: other support activities for arts and performing arts (NACE 90399). They are comparable in size and age: total assets between €200,000 and €1.6m, founded between 1979 and 2020.
Official details
Source: KBO- Status
- Active since 11-12-2008Normal situation
- Activity
- Other support activities for arts and performing artsNACE 90399and 1 other
- Establishment unit
- 2.175.804.1291180 Uccle, since 18-12-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €985,302▲ 5.0%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on MGH
MGH files the abbreviated format. That format states no turnover. The gross margin fell from €56,524 in 2009 to -€4,307 in 2025.
holds 99% of the shares.
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 MGH
- What is the company number of MGH?
- The company number of MGH is 0808.338.414. The VAT number is the same number with BE in front: BE 0808.338.414.
- Where is MGH based?
- The registered office is at Korporaaldreef 43, 1180 Uccle.Company details
- What does MGH do?
- According to the KBO register, the main activity is other support activities for arts and performing arts (NACE 90399).
- What is the legal form of MGH?
- MGH is a private limited company (pre-2019) (BVBA).
- When was MGH founded?
- MGH was founded on 11-12-2008.
- Is MGH still active?
- Yes, MGH is an active enterprise in the KBO register.
- What is the turnover of MGH?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is MGH profitable?
- In financial year 2025, MGH made a loss of €35,192.
- Where can I find the annual accounts of MGH?
- MGH filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MGH due?
- MGH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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