MGMC
ActiveSummary
The annual accounts of MGMC for fiscal year 2024 show a net loss of 71% of total assets. The 2024 annual accounts show equity of €2,525 and a net result of -€2,475. Its solvency ranks better than 66% of 37951 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes
Profitability0
Solvency97
Growth-
Track record67
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 2024Age of the figures
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 03-09-2025, 34 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
2024
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2,525
Total assets
€3,510
Net result
-€2,475
Working capital
€2,525
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €3,510
Equity
€2,525
Debt
€985
Debt finances 28.1% of the balance-sheet total.
Key figures and ratios
Debt ≤ 1 year
€985
Ratios withheld: a balance sheet total of €3,510 is too small for a meaningful ratio.
Annual accounts
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €395 |
| Gross operating margin9900 | -€2,064 |
| Operating profit (loss)9901 | -€2,459 |
| Financial charges65/66B | €16 |
| Recurring financial charges65 | €16 |
| Profit (loss) for the period before taxes9903 | -€2,475 |
| Profit (loss) for the period9904 | -€2,475 |
| Profit (loss) for the period to be appropriated9905 | -€2,475 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €3,510 | |
| Current assets29/58 | €3,510 | |
| Amounts receivable within one year40/41 | €1,109 | |
| Trade receivables40 | €1,109 | |
| Cash at bank and in hand54/58 | €2,401 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €3,510 | |
| Equity10/15 | €2,525 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€2,475 | |
| Amounts payable17/49 | €985 | |
| Amounts payable within one year42/48 | €985 | |
| Trade debts44 | €985 | |
| Suppliers440/4 | €985 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€2,475 |
| Operating cash flow (approximation) | -€2,475 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Wavre · 1 establishment unit since 2024
Ground area
1,848 m²
Building footprint
714 m²
Volume, LiDAR
4,567 m³
Parcel 25006A0145/00B002, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
MGMC
since 20242.375.350.153
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006A0145/00B002 | Wallonia | 1,848 m² | 1 · 714 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AVISION
BE 0777.334.145
Schaarbeek · Eq €2,525
RWT Global Solutions
BE 0679.666.924
Ganshoren · Eq €2,526
Keyrus Management
BE 0898.490.709
Grimbergen · Eq €2,526
Future State
BE 0742.779.874
Brasschaat · Eq €2,526
MAINTENANCE PERFORMANCE
BE 0526.849.659
Elsene · Eq €2,528
Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 10,062 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
74999Other professional, scientific and technical activities
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.