MGL CONSULTING
ActiveMGL CONSULTING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169k and a net result of €-10k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 95% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-39
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 28.95 against 11.17 in 2023; short-term debt: 2.9% and cash: 35.5% of total assets), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
97.1%
Return on assets
-5.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
302 d late
2022
143 d late
2021
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€169k▼ 5.6%
2023 · €179k
2021: €122k
2022: €156k
2023: €179k
2021 → 2024
Total assets
€174k▼ 10.0%
2023 · €193k
2021: €178k
2022: €164k
2023: €193k
2021 → 2024
Net result
€-10k
2023 · €23k
2021: €117k
2022: €34k
2023: €23k
2021 → 2024
Working capital
€144k▼ 1.1%
2023 · €145k
2021: €114k
2022: €113k
2023: €145k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€122k-€156k▲ 27.5%€179k▲ 15.0%€169k▼ 5.6%
Operating result€168k-€49k▼ 70.9%€36k▼ 26.2%€-12k
Net result€117k-€34k▼ 71.3%€23k▼ 30.3%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €36k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €174k
Fixed assets
€25k▼ 25.2%
Current assets
€149k▼ 6.7%
Equity and liabilities €174k
Equity
€169k▼ 5.6%
Debt
€5k▼ 64.1%
The debt ratio falls from 7.4% to 2.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2023 · €50k
Cash flow
€4k▼
2023 · €38k
Solvency
97.1%▲
2023 · 92.6%
Current ratio
28.95▲
2023 · 11.17
Quick ratio
28.95▲
2023 · 11.17
Debt / equity
0.03▼
2023 · 0.08
ROE
-6.0%▼
2023 · 13.1%
ROA
-5.8%▼
2023 · 12.1%
Interest coverage
4.07▼
2023 · 97.62
Debt
€5k▼
2023 · €14k
Debt ≤ 1 year
€5k▼
2023 · €14k
Income taxes
€2k▼
2023 · €12k
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€193k€174k▼
Fixed assets21/28€34k€25k▼
Tangible fixed assets22/27€34k€25k▼
Plant, machinery and equipment23€1k€793▼
Furniture and vehicles24€33k€25k▼
Current assets29/58€159k€149k▼
Amounts receivable within one year40/41€118k€85k▼
Trade receivables40€41k€4k▼
Other amounts receivable41€78k€81k▲
Cash at bank and in hand54/58€34k€62k▲
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€193k€174k▼
Equity10/15€179k€169k▼
Contributions10/11€5k€5k=
Reserves13€174k€174k=
Distributable reserves133€174k€174k=
Profit (loss) carried forward14-€-10k
Amounts payable17/49€14k€5k▼
Amounts payable within one year42/48€14k€5k▼
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€7k€754▼
Taxes450/3€7k€754▼
Accrued charges and deferred income492/3€43-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€2k€856▼
Gross operating margin9900€52k€3k▼
Operating profit (loss)9901€36k€-12k▼
Financial income75/76B€1€4k▲
Recurring financial income75€1€4k▲
Financial charges65/66B€515€511▼
Recurring financial charges65€515€511▼
Profit (loss) for the period before taxes9903€35k€-8k▼
Income taxes67/77€12k€2k▼
Profit (loss) for the period9904€23k€-10k▼
Profit (loss) for the period to be appropriated9905€23k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-10k▼
Transfer to equity691/2€23k-
To other reserves6921€23k-
The notes to these accounts (6 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 · micro schema · 61 days late
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 302 days late
2024
31-12
Financial
Weakest financial yearnet €-10k ▼143%
Net result drops to €-10k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 28.95
Current ratio from 11.17 to 28.95; short-term debt falls from €14k to €5k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
31-12
Financial
Liquidity times 5current ratio 14.90
Current ratio from 3.04 to 14.90; short-term debt falls from €56k to €8k.
31-12
Financial
Equity above €150kEq €156k ▲27.5%
2 profitable years in a row build equity to €156k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Fleurus · 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.
Rue Joseph Lefèbvre(FL) 586220 FleurusGround area
161 m²
Building footprint
57 m²
Volume, LiDAR
713 m³
Parcel 52021D0527/00A002, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MGL CONSULTING
since 20202.310.227.224
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021D0527/00A002 | Wallonia | 161 m² | 1 · 57 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ON DEMAND
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IMMO PROTECT
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.