MGM FOOD
The computed 12-month bankruptcy probability of MGM FOOD is 24.2% (high). The 2023 annual accounts show negative equity (€-62k) and a net result of €-22k. Its solvency ranks better than 5% of 4886 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-62k |
| Net result | €-22k |
| Better than sector | 5% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -236.0% | 16.6% | |
| Net result | €-22k | €2k | |
| Equity | €-62k | €11k | |
| Gross operating margin | €3k | €41k | |
| Staff costs | €23k | €47k |
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €67k |
| EBITDA | €-20k |
| Net profit | €-22k |
| Cash flow | €-20k |
| Staff costs | €23k |
| Income taxes | - |
| Dividends | - |
| Total assets | €26k |
| Equity | €-62k |
| Debt | €89k |
| of which ≤ 1y | €89k |
| of which > 1y | - |
| Working capital | €-78k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.12 |
| Quick ratio | 0.12 |
| Working capital ratio | -294.5% |
| Solvency | -236.0% |
| Debt / equity | -1.42 |
| Long-term debt ratio | - |
| Interest coverage | -49.85 |
| Gross margin | 4.3% |
| Net margin | -32.7% |
| ROA | -82.6% |
| ROE | 35.0% |
| EBITDA margin | -29.8% |
| Days sales outstanding | 9d |
| Days payable outstanding | 96d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €26k |
| Fixed assets | 21/28 | €4k |
| Formation expenses | 20 | €12k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €11k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k |
| Equity | 10/15 | €-62k |
| Contributions / capital | 10/11 | €8k |
| Accumulated profits (losses) | 14 | €-70k |
| Amounts payable | 17/49 | €89k |
| Amounts payable within one year | 42/48 | €89k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Turnover | 70 | €67k |
| Gross operating margin | 9900 | €3k |
| Operating result | 9901 | €-21k |
| Financial charges | 65 | €399 |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
Former directors (1)
-
Former21-11-2022 → 29-01-2024
2 events
- 29-01-2024 Resigned· Director
- 21-11-2022 Appointed· Director
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2021 |
| Status | Active |
| Postal code | 1050 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 fl. |
| 21013B0349/00E003 | Brussels | 176 m² | 1 · 109 m² | 20.6 m · 7 fl. |
| 11804D0233/00W000 | Flanders | 94 m² | 1 · 50 m² | 14.8 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-01-2026 Registered office moved from Ixelles to Bruxelles
- Chaussée d'Ixelles 295, 1050 Ixelles → Avenue Louise 500, 1050 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "161",
"street_number": "500"
},
"old_address": {
"city": "Ixelles",
"region": "Brussels",
"street": "Chauss\u00E9e d\u0027Ixelles",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "295"
},
"effective_date": "2025-12-01",
"evidence_quote": "Modifica on de l\u0027adresse du si\u00E8ge de la soci\u00E8t\u00E9 COIFFEUR PLAZA - Ancienne adresse : Chauss\u00E9e d\u0027Ixelles 295 -1050 Ixelles - Nouvelle adresse: Avenue Louise 500 bo\u00EEte 161 - 1050 Bruxelles"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "SRL"
}
}10-10-2025 Registered office moved from leuven to Sint-Gillis
- Geldenaksevest 120, 3000 leuven → Faiderstraat 1, 1060 Sint-Gillis
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Sint-Gillis",
"region": null,
"street": "Faiderstraat",
"country": "BE",
"postcode": "1060",
"box_number": null,
"street_number": "1"
},
"old_address": {
"city": "leuven",
"region": null,
"street": "Geldenaksevest",
"country": "BE",
"postcode": "3000",
"box_number": "2",
"street_number": "120"
},
"effective_date": "2025-06-16",
"evidence_quote": "De buitengewone algemene vergadering van 16/06/2025 accepteert de overdracht de maatshappelijke zetel naar het volgende adres:Faiderstraat 1 1060 Sint-Gillis"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "SRL"
}
}29-01-2024 HEMAMOU Saad resigns as director
- HEMAMOU Saad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "HEMAMOU Saad",
"address": null,
"birth_date": null
},
"evidence_quote": "De buitengewone algemene vergadering van 01/11/2022 accepteert het ontslag van de heer HEMAMOU Saad zijn functie als bestuurder en geef hem kwijting voor zijn voorbije ambtstermijn.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "BV"
}
}21-11-2022 Hemamou Saad appointed as director
- Hemamou Saad, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hemamou Saad",
"address": null,
"birth_date": null
},
"evidence_quote": "Dezelfde buitengewone algemene vergadering van 02/12/2020, accepteert de nominatie van Mijnheer Hemamou Saad als Bestuurder"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "BV"
}
}16-09-2022 Registered office moved from Elsene to Leuven
- Dillensstraat 56, 1050 Elsene → Geldnaaksevest 120, 3000 Leuven
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Leuven",
"region": "Vlaams Gewest",
"street": "Geldnaaksevest",
"country": "BE",
"postcode": "3000",
"box_number": "0002",
"street_number": "120"
},
"old_address": {
"city": "Elsene",
"region": "Brussels Hoofdstedelijk Gewest",
"street": "Dillensstraat",
"country": "BE",
"postcode": "1050",
"box_number": "3",
"street_number": "56"
},
"effective_date": "2022-09-05",
"evidence_quote": "De buitengewone algemene vergadering van 05/09/2022 accepteert de overdracht van de statuaire zetel gevestigd te Dillensstraat 56 Bus 3 1050 Elsene naar het volgende adres Geldnaaksevest 120 Bus 0002 3000 Leuven"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "BV"
}
}11-03-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2022-02-22",
"evidence_quote": "Monsieur KASHOWA Mahmoud c\u00E8de 50 actions \u00E0 Madame ABUTEIR Ghaydaa qui accepte",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "SRL"
}
}06-01-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 50,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-12-21",
"evidence_quote": "Madame ABUTEIR Ghaydaa c\u00E8de 50 actions \u00E0 Monsieur KASHOWA Mahmoud qui accepte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "SRL"
}
}09-12-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1050 Ixelles, Rue Dillens, 56 3e",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1996-09-01",
"name": "ABUTEIR Ghaydaa M M",
"niss": null,
"address": "1050 Ixelles, Rue Dillens, 56 3e"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 8000,
"holder_person_name": "ABUTEIR Ghaydaa M M",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 8000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 8000,
"subject_company": {
"kbo": "0778.358.979",
"name_full": "MGM FOOD",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-12-06",
"post_incorporation_mandates": []
}| Legal nameFR | MGM FOOD |