MGMK HOLDING
ActiveMGMK HOLDING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251k and a net result of €71k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-6
Solvency49▼-2
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.45 in 2024; short-term debt: 28.1% and cash: 0.8% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.8%
Return on assets
6.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
31 d late
2022
on the day
2021
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€251k▲ 0.4%
2024 · €250k
2021: €103k
2022: €104k
2023: €161k
2024: €250k
2021 → 2025
Total assets
€1.06M▲ 7.9%
2024 · €978k
2021: €765k
2022: €888k
2023: €852k
2024: €978k
2021 → 2025
Net result
€71k▼ 19.5%
2024 · €88k
2021: €3k
2022: €2k
2023: €57k
2024: €88k
2021 → 2025
Working capital
€22k▼ 70.8%
2024 · €75k
2021: €-770
2022: €97k
2023: €40k
2024: €75k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€104k▲ 1.7%€161k▲ 54.6%€250k▲ 54.6%€251k▲ 0.4%
Operating result€8k-€7k▼ 14.5%€99k▲ 1,310%€124k▲ 24.7%€74k▼ 40.0%
Net result€3k-€2k▼ 36.9%€57k▲ 3,218%€88k▲ 54.8%€71k▼ 19.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€737k=
Current assets
€319k▲ 31.8%
Equity and liabilities €1.06M
Equity
€251k▲ 0.4%
Debt
€805k▲ 10.4%
The debt ratio rises from 74.5% to 76.2%. Equity and debt are higher.
Key figures and ratios
Solvency
23.8%▼
2024 · 25.5%
Current ratio
1.07▼
2024 · 1.45
Quick ratio
1.07▼
2024 · 1.45
Debt / equity
3.21▲
2024 · 2.92
ROE
28.3%▼
2024 · 35.3%
ROA
6.7%▼
2024 · 9.0%
Debt
€805k▲
2024 · €729k
Debt ≤ 1 year
€297k▲
2024 · €167k
Debt > 1 year
€508k▼
2024 · €562k
Income taxes
€500▼
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€978k€1.06M▲
Fixed assets21/28€737k€737k=
Financial fixed assets28€737k€737k=
Current assets29/58€242k€319k▲
Amounts receivable within one year40/41€235k€310k▲
Trade receivables40€125k€200k▲
Other amounts receivable41€110k€110k=
Cash at bank and in hand54/58€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€978k€1.06M▲
Equity10/15€250k€251k▲
Contributions10/11€100k€100k=
Capital10€100k-
Issued capital100€100k-
Reserves13€150k€151k▲
Distributable reserves133€150k€151k▲
Amounts payable17/49€729k€805k▲
Amounts payable after more than one year17€562k€508k▼
Financial debts170/4€562k€508k▼
Amounts payable within one year42/48€167k€297k▲
Current portion of amounts payable after more than one year42€54k€54k=
Trade debts44€457€457=
Suppliers440/4€457€457=
Taxes, remuneration and social security45€53k€33k▼
Taxes450/3€53k€33k▼
Other amounts payable47/48€60k€210k▲
Income statement
Code20242025
Other operating charges640/8€968€654▼
Gross operating margin9900€125k€75k▼
Operating profit (loss)9901€124k€74k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€120k€71k▼
Income taxes67/77€32k€500▼
Profit (loss) for the period9904€88k€71k▼
Profit (loss) for the period to be appropriated9905€88k€71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€71k▼
Transfer to equity691/2€88k€1,000▼
To other reserves6921€88k€1,000▼
Profit to be distributed694/7-€70k
Directors or managers695-€70k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2021net €88k ▲54.8%
Operating result €124k, net result €88k, both a record.
31-12
Financial
Equity above €200kEq €250k ▲54.6%
4 profitable years in a row build equity to €250k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €150kEq €161k ▲54.6%
3 profitable years in a row build equity to €161k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €2k ▼36.9%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 2.78
Current ratio from 0.97 to 2.78.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Oostende
Cannot 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.
Torhoutsesteenweg 6918400 OostendeGround area
1.2 ha
Building footprint
4,454 m²
Volume, LiDAR
22,927 m³
Parcel 35020A0077/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0077/00G000 | Flanders | 1.2 ha | 1 · 4,454 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2021
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.