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MGM Consulting

Active
Private limited company (pre-2019)founded 2009active for 17 yearsJean Gérard Eggericxstraat 8, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0818.304.965
Summary

MGM Consulting has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €426,081 and a net result of €90,795. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 60% of 11,613 sector peers (NACE 71, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Other technical testing and analysis
NACE 71209
1 site
Size
€662,506total assets 2024
Equity
€426,081
Profit
€90,795
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 71 days overdue0 of 3 deeds read
Why 57raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; latest accounts 152 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 03-01-2026)lowers riskLiquidity: current ratio 3.65, cash €256,484Founded in 2009Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 68% of its sector peers (NACE 71, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 89+3
equity 64.3% of total assets
Liquidity 96-4
short-term debt 14.1% · cash 38.7%
Profitability 86-3
return on assets 13.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,791 companies, NACE 71, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.8%▲ +0.4 percentage points vs 12-2025highest value 02-2026: 0.1%▼ -0.7 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 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: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €24,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 3.65, compared with 4.59 in 2023; short-term debt: 14.1% and cash: 38.7% of total assets), and 35.7% 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 71, micro): better than 62% on solvency, 89% on liquidity, 58% on profitability and 63% on growth.

The bankruptcy probability was computed on 09-10-2026 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+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 152 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 3.65, cash €256,484
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 03-01-2026)
NBB · annual accounts
lowers risk · Founded in 2009
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
152 days late
2023
7 days late
2022
on the day
2021
43 days late
2020
28 days late
2019
95 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 54 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2018 to 2024net €90,795 ▲32.3%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Among the best 8% on equitysector median €67,100 · 11,622 companies €426,081 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Positive: 7 profitable years in a rowprofit 2024: €90,795 7 years View

By topic

Financials

Financial year
2024
Total assets
€662,506
Profit
€90,795
Solvency
64.3%
Go to Financials

Timeline

Events
17
Since
2011
  1. 31-07-2023Annual accounts filed
  2. 12-09-2022Annual accounts filed
  3. 28-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other technical testing and analysisNACE 71209
Founded
07-09-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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