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MGH Consult

Active
Private limited companyfounded 20178 years activeAvenue du Parc 83, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0685.716.952
Summary

MGH Consult has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,457 and a net result of €44,094. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 16,777 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€197,632total assets 2025
Equity
€171,457
Profit
€44,094
Turnover not published (abridged schema)
Financial health
98 Excellent Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Accounts filed 24 days late0 of 2 deeds read
Why 98+ Liquidity: current ratio 7.22, cash €40,158, halved+ Sector Real estate activities (NACE 68)+ Equity €171,457 (86.8% of total assets)+ Figures for FY 2025 (filed 24-08-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 86.8% of total assets
Liquidity 73-26
short-term debt 13.2% · cash 20.3%
Profitability 97-3
return on assets 22.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,529 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -1.2 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 7.22 against 7.59 in 2024; short-term debt: 13.2% and cash: 20.3% of total assets), and 13.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 82% on liquidity, 89% on profitability and 82% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 7.22, cash €40,158, halved
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
lowers risk · Equity €171,457 (86.8% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 24-08-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 8 filings
Deviation from the deadline
2025
24 days late
2024
28 days late
2023
30 days late
2022
25 days early
2021
141 days late
2020
2 days early
2019
73 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Equity above €150,000Eq €171,457 ▲33.7%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 11% on solvencysector median 29.4% · 16,777 companies 86.8% View
  • Positive: 7 profitable years in a rowprofit 2025: €44,094 7 years View
  • Total assets 20256 fiscal years filed €197,632 View

By topic

Financials

Fiscal year
2025
Total assets
€197,632
Profit
€44,094
Solvency
86.8%
Total assets▲ 34.4%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €100,000
  2. 30-08-2024Annual accounts filed
  3. 06-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
07-12-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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