Financials
- Fiscal year
- 2025
- Total assets
- €19,019
- Profit
- €1,133
- Solvency
- 15.9%
MGM SERVICE
ActiveSummary
The computed 12-month bankruptcy probability of MGM SERVICE is 2.6% (moderate). The 2025 annual accounts show equity of €3,033 and a net result of €1,133. Its solvency ranks better than 24% of 2,725 sector peers (NACE 41, fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€19,019total assets 2025
- Equity
- €3,033
- Profit
- €1,133
Turnover not published (abridged schema)
Structure
Accounts filed 40 days late0 of 1 deed read
Why 51- Founded in 2025- Sector Construction of residential and non-residential buildings (NACE 41)- Latest accounts 40 days late; 1 of the last 3 late+ Liquidity: current ratio 0.58, cash €8,519Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 37% of its sector peers (NACE 41, micro)
Financial strength
Average
Solvency
41
equity 15.9% of total assets
Liquidity
54
short-term debt 84.1% · cash 44.8%
Profitability
52
return on assets 6.0%
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 3.6%
08-2026: 3.6%● unchanged vs 07-2026
09-2026: 3.8%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 2.6%▼ -1.2 percentage points vs 09-2026lowest value
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 41, micro): better than 23% on solvency, 58% on liquidity and 30% on profitability.
The bankruptcy probability was computed on 07-10-2026 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
Six signals.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2725 sector peers (2025).
NBB · sector comparisonPosition among 2725 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 1 filingDeviation from the deadline
2025
40 days late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · abbreviated…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 24-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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