Age5 yrs
Real estate1 parcel · 434 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MGM DIGITAL is 0.5% (low). The 2024 annual accounts show equity of €13k and a net result of €69k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 7336 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7336 sector peers (2024).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 17-09-2025 | 48 d late | 2025-00493863 |
| 31-12-2023 | 31-07-2024 | 07-06-2024 | 54 d early | 2024-00124707 |
| 31-12-2022 | 31-07-2023 | 13-07-2023 | 18 d early | 2023-00235948 |
| 31-12-2021 | 31-07-2022 | 03-08-2022 | 3 d late | 2022-20280178 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€4k
EBIT margin1970.3%
Net result€69k
Working capital€-10k+82.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 17-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.4% | 65.0% | |
| Net result | €69k | €32k | |
| Equity | €13k | €58k | |
| Gross operating margin | €94k | €52k | |
| Total assets | €129k | €103k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P12
Weakening position over 2021-2024
· n=1733-7336
P84
Improving position over 2021-2024
· n=1728-7333
P18
Weakening position over 2021-2024
· n=1733-7338
P80
Improving position over 2021-2024
· n=1726-7327
Describes the position versus peers, not a forecast.
€4k
-
21-24
€94k
-
21-24
€69k
-
21-24
€94k
-
21-24
€129k
+1413.6%
21-24
€13k
-
21-24
€-10k
+82.7%
21-24
€51k
+10.8%
21-24
€116k
+79.9%
21-24
€15k
-76.8%
21-24
€101k
-
21-24
0.35
+166.7%
21-24
0.35
+166.7%
21-24
10.4%
-
21-24
8.62
-
21-24
515.5%
+497.2%
21-24
53.6%
-
21-24
1967.6%
-
21-24
2658.0%
-
21-24
974.74
-
21-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €4k |
| EBITDA | €94k |
| Net profit | €69k |
| Cash flow | €94k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €129k |
| Equity | €13k |
| Debt | €116k |
| of which ≤ 1y | €15k |
| of which > 1y | €101k |
| Working capital | €-10k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.35 |
| Quick ratio | 0.35 |
| Working capital ratio | -7.5% |
| Solvency | 10.4% |
| Debt / equity | 8.62 |
| Long-term debt ratio | 7.51 |
| Interest coverage | 974.74 |
| Gross margin | -9.5% |
| Net margin | 1967.6% |
| ROA | 53.6% |
| ROE | 515.5% |
| EBITDA margin | 2658.0% |
| Days sales outstanding | 118d |
| Days payable outstanding | 513d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €129k |
| Fixed assets | 21/28 | €124k |
| Intangible fixed assets | 21 | €124k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €129k |
| Equity | 10/15 | €13k |
| Contributions / capital | 10/11 | €63k |
| Accumulated profits (losses) | 14 | €-50k |
| Amounts payable | 17/49 | €116k |
| Amounts payable after one year | 17 | €101k |
| Amounts payable within one year | 42/48 | €15k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Turnover | 70 | €4k |
| Gross operating margin | 9900 | €94k |
| Operating result | 9901 | €69k |
| Financial charges | 65 | €96 |
| Result before taxes | 9903 | €69k |
| Net result for the period | 9904 | €69k |
| Result to be appropriated | 9905 | €69k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed59
/ 100
Fair
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Chaussée de Gilly 54B6040 CharleroiEstablishment units
1 locationMGM Digital
since 20212.313.202.550
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area434 m²
Buildings1
Building footprint72 m²
Volume (LiDAR)704 m³
Tallest building11.6 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52034C0085/00C002 | Wallonia | 434 m² | 1 · 72 m² | 11.6 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts Address history · 1
28-08-2023
Registered-office move
All acts · 1
updated 2 years ago
2023
28-08-2023 Registered office moved from Les Bons Villiers to Jumet
- Rue Jules Hoebeke 13 6210 Les Bons Villiers → Chaussée de Gilly 54B 6040 Jumet
Analysis
Snowflake analysis
financial profile on 5 axes64
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
59
Profitability
100
Solvency
7
Growth
58
Stability
94
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We hold annual accounts for 2,789 of the 16,731 companies in this sector. 2,009 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Overige uitgeverijen van software58290Uitgeven van overige software58290Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Reclamebureaus73110Activiteiten van reclamebureaus73110Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameFR | MGM DIGITAL |
Registered office
Chaussée de Gilly 54B
6040 Charleroi, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.