MGMT
ActiveSummary
MGMT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,436 and a net result of -€5,145. Its solvency ranks better than 40% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-06-2023 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 5 others
- Establishment unit
- 2.346.609.053 3640 Kinrooi, since 23-06-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
Board and ownership
Board
- COONEN Patrick Lambert JohannesDirector · since 22-06-2023
- SMOLDERS AngeliqueDirector · since 22-06-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
Annual accounts to 30-06-2025
- Gross margin
- €4,727
- ▼ 84.8%
- Turnover
- ≈ €25,000
- estimated
- Loss
- €5,145
- Equity
- €18,436
- ▼ 21.8%
- Total assets
- €38,432
- ▲ 15.1%
Score breakdownraises riskLiquidity: current ratio 0.84, cash €0, halved1 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €38,432Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 22% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Weak
Solvency
73-23
equity 48.0% of total assets
Liquidity
24-15
short-term debt 52.0% · cash 0.0%
Profitability
15-85
return on assets -13.4%
Bankruptcy probability within 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.7%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026highest value
11-2026: 0.8%● unchanged vs 10-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (1.12 in 2024), below 1. Short-term debt is 52% and cash 0% of total assets. 52% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 42% of them on solvency, 9% on liquidity, 14% on profitability and 24% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
5 days early
2024
46 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 21 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-01-2026 PDF all 2 filings
Turnover
≈ €25,000
Estimated: probably between €12,000 and €49,000
Total assets
€38,432▲ 15.1%
2024 · €33,382
Net result
-€5,145
2024 · €18,581
Working capital
-€3,107
2024 · €1,161
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€2,426
2025
20242025
Net result
-€5,145
2025
lowest quarter of the sector
20242025
Equity
€18,436
▼ 21.8%
2025
lowest quarter of the sector
20242025
Total assets
€38,432
▲ 15.1%
2025
lowest quarter of the sector
20242025
Debt
€19,996
▲ 104%
2025
20242025
Working capital
-€3,107
2025
lowest quarter of the sector
20242025
Solvency
48.0%
▼ 22.7pp
2025
middle half of the sector
20242025
Current ratio
0.84
▼ 0.27
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-13.4%
▼ 69.0pp
2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€23,910--€2,426
Net result€18,581within the sector's middle half--€5,145below the sector's middle half
Equity€23,581below the sector's middle half-€18,436below the sector's middle half▼ 21.8%
Total assets€33,382below the sector's middle half-€38,432below the sector's middle half▲ 15.1%
Debt€9,801-€19,996▲ 104%
Working capital€1,161below the sector's middle half--€3,107below the sector's middle half
Solvency70.6%within the sector's middle half-48.0%within the sector's middle half▼ 22.7pp
Current ratio1.12below the sector's middle half-0.84below the sector's middle half▼ 0.27
Return on assets (ROA)55.7%above the sector's middle half--13.4%below the sector's middle half▼ 69.0pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €2,426, after a profit of €23,910 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38,432
Fixed assets
€21,543 ▼ 3.9%
Current assets
€16,889 ▲ 54.1%
Equity and liabilities €38,432
Equity
€18,436 ▼ 21.8%
Debt
€19,996 ▲ 104%
Debt's share of the balance-sheet total rises from 29.4% to 52.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3,962▼
2024 · €30,368
Cash flow
€1,243▼
2024 · €25,039
Debt to equity
1.08▲
2024 · 0.42
ROE
-27.9%▼
2024 · 78.8%
Interest coverage
1.55▼
2024 · over 100
Debt ≤ 1 year
€19,996▲
2024 · €9,801
Income taxes
€252▼
2024 · €5,044
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €28,878 | €5,511 |
| Depreciation and write-downs of the year | €6,458 | €6,388 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,458 | €6,388 | ▼ 1.1% |
| Other operating charges640/8 | €760 | €764 | ▲ 0.5% |
| Gross operating margin9900 | €31,128 | €4,727 | ▼ 84.8% |
| Operating profit (loss)9901 | €23,910 | -€2,426 | - |
| Financial income75/76B | €16 | €97 | ▲ 509% |
| Recurring financial income75 | €16 | €97 | ▲ 509% |
| Financial charges65/66B | €301 | €2,564 | ▲ 752% |
| Recurring financial charges65 | €301 | €2,564 | ▲ 752% |
| Profit (loss) for the period before taxes9903 | €23,625 | -€4,893 | - |
| Income taxes67/77 | €5,044 | €252 | ▼ 95.0% |
| Profit (loss) for the period9904 | €18,581 | -€5,145 | - |
| Profit (loss) for the period to be appropriated9905 | €18,581 | -€5,145 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €33,382 | €38,432 | ▲ 15.1% |
| Fixed assets21/28 | €22,420 | €21,543 | ▼ 3.9% |
| Tangible fixed assets22/27 | €22,420 | €21,543 | ▼ 3.9% |
| Plant, machinery and equipment23 | €1,813 | €6,197 | ▲ 242% |
| Furniture and vehicles24 | €20,607 | €15,346 | ▼ 25.5% |
| Current assets29/58 | €10,962 | €16,889 | ▲ 54.1% |
| Amounts receivable within one year40/41 | €10,689 | €3,168 | ▼ 70.4% |
| Trade receivables40 | €9,142 | €3,168 | ▼ 65.3% |
| Other amounts receivable41 | €1,547 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €273 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | €13,721 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €33,382 | €38,432 | ▲ 15.1% |
| Equity10/15 | €23,581 | €18,436 | ▼ 21.8% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €18,581 | €13,436 | ▼ 27.7% |
| Distributable reserves133 | €18,581 | €13,436 | ▼ 27.7% |
| Amounts payable17/49 | €9,801 | €19,996 | ▲ 104% |
| Amounts payable within one year42/48 | €9,801 | €19,996 | ▲ 104% |
| Financial debts43 | - | €2,904 | - |
| Credit institutions430/8 | - | €2,904 | - |
| Trade debts44 | - | €6,924 | - |
| Suppliers440/4 | - | €6,924 | - |
| Taxes, remuneration and social security45 | €9,801 | €8,464 | ▼ 13.6% |
| Taxes450/3 | €9,801 | €8,464 | ▼ 13.6% |
| Other amounts payable47/48 | - | €1,703 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €18,581 | -€5,145 | - |
| + Depreciation and write-downs630 | €6,458 | €6,388 | ▼ 1.1% |
| Operating cash flow (approximation) | €25,039 | €1,243 | ▼ 95.0% |
| Investment in fixed assets (approximation) | - | -€5,511 | - |
| Change in cash | - | -€273 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as MGMT has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
87.7%
was still going
8.7%
stopped otherwise
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MGMT itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for MGMT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2023
COONEN Patrick Lambert Johannes
Current
Director (not named in the articles) · since 22-06-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 26-01-2026
SMOLDERS Angelique
Current
Director (not named in the articles) · since 22-06-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 26-01-2026
Owners and capital
Shareholders
At incorporation
act of 27-06-2023 ↗
- COONEN Patrick Lambert Johannes 50 shares (50%) · €2,500
- SMOLDERS Angelique 50 shares (50%) · €2,500
Capital transactions
Capital over time
- 27-06-2023 Incorporation · €5,000 · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| COONEN Patrick Lambert Johannes |
|
| SMOLDERS Angelique |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 27-06-2023 (in Dutch)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ACM DESIGN
via COONEN Patrick Lambert Johannes and SMOLDERS Angelique · Director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
26-01
micro format · 5 days before the deadline
2025
18-03
micro format · 46 days late
2023
27-06
Gazette deed
IncorporationStarting capital €5,000 · Appointments: COONEN Patrick Lambert Johannes (director) and SMOLDERS Angelique (director) · Founder10 points ▸
Gazette deed
Incorporation
Starting capital €5,000 · Appointments: COONEN Patrick Lambert Johannes (director) and SMOLDERS Angelique (director) · Founder10 points ▸
- Incorporation, “MGMT” (deed in Dutch)
- Founder, COONEN Patrick Lambert Johannes (oprichters aandeelhouders)
- Founder, SMOLDERS Angelique (oprichters aandeelhouders)
- Capital, €5,000
- Founding capital, €5,000
- COONEN Patrick Lambert Johannes holds 50 shares
- SMOLDERS Angelique holds 50 shares
- Director appointment, COONEN Patrick Lambert Johannes (director (not named in the articles))
- Director appointment, SMOLDERS Angelique (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen daaruit en alle activiteiten sinds heden in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MGMT in Dutch
Enterprise number
0803.123.475
Legal form
Private limited company
Status
Active, normale toestand
Founded
23-06-2023
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, 3640 Kinrooi,Scheymanshof 14”
deed of 27-06-2023 (in Dutch)Registered office and establishments
Registered office
Scheymanshof(Kin) 14, 3640 Kinrooi, Belgium
Establishment unit
MGMT, Scheymanshof(Kin) 14, 3640 Kinrooi since 23-06-2023 · unit number 2.346.609.053
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
25510
Coating of metals
27900
Manufacture of electrical equipment
43211
General electrical installation work
47120
Other non-specialised retail sale
82990
Other business support services
Codes under NACEBEL 2008
62020
IT consultancy main activity
25610
Manufacture of fabricated metal products, except machinery and equipment
27900
Manufacture of electrical equipment
43211
Specialised construction activities
47910
Retail trade
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 27-06-2023 (in Dutch)
“Sustainability consultant; Shift van lineaire naar circulaire economie versnellen en bewerkstelligen; Algemeen management op directie…”
48 activities
- Sustainability consultant
- Shift van lineaire naar circulaire economie versnellen en bewerkstelligen
- Algemeen management op directie niveau
- Bedrijven helpen om CO2 neutraal te worden
- Sustainable development goals
- Raadgeving in board meetings
- Project management in de meeste ruime zin
- Bedrijfsstrategieën uitwerken- en implementeren
- Governance consultancy
- Leadership consultancy
- Operations officer
- Internationale sales
- Business consultant
- Business development
- Managementsactiviteiten van holdings : tussenkomen in dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het vermogen/kapitaal,enz.
- Financiële dienstverlening
- Elektronische,mechanische en optische componenten en systemen en software: ontwerp en realisatie van prototypes; testen en meten,kwalificaties,fabricatie,kwaliteitsbewaking en nazorg; evenals het management van projecten en van teams voor ontwikkeling en fabricatie in voormelde domeinen
- Management van ontwikkel –en productieteams in voormelde domeinen
- Industriële automatisering: ontwerp en realisatie van installaties; aankoop en verkoop van componenten; raadgeving en opleiding
- Mechanical engineering
- Consultancy voor engineering
- Productmanagement
- De groot –en kleinhandel,de import en export,de fabricage van alle aanverwante zaken voor prototyping en productseries
- Het verlenen van adviezen op het gebied van bedrijfsvoering en beheer,onder meer door projectmanagement,knowledgemanagement en interimmanagement
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding
- De organisatie van congressen en seminaries
- De uitbating van een webshop
- De verspreiding van de in opdracht van de vennootschap of in opdracht van derden ontwikkelde producten
- Het uitoefenen van beursmandaten in alle vennootschappen en ondernemingen van alle aard,zelfs met niet verwante of analoge activiteiten
- Het uitvoeren van expertises,waaronder gerechtelijke,in allerlei domeinen
- Het verkrijgen,behouden,beheren,renoveren en verhandelen van roerende en onroerende goederen
- Verkoop en verhuur van woningen
- Verhuren van een handelspand
- Het verwerven en het beheren van patrimonium dat kan bestaan uit onroerende en/of roerende goederen en rechten op dergelijke goederen
- Het verlenen van diensten in de meest ruime betekenis,zonder onderscheid van sectoren maar in het bijzonder aan sectoren die gelieerd zijn aan de bouwsector,aan derden,zowel fysische personen,rechtspersonen als verenigingen,door bijvoorbeeld management,bedrijfsbeheer en bestuursmandaten
- Het verlenen van technische,administratieve,financiële en commerciële bijstand,in de meest ruime zin genomen,aan derden of aanverwante bedrijven
- Alle investerings- en financiële verrichtingen,behalve deze voorbehouden aan banken en tussenpersonen inzake financiële verrichtingen
- Overname en beheer van handelsfondsen
- De activiteit van tussenpersoon in de handel,omvattende de makelaars in goederen,de zelfstandige handelsvertegenwoordigers en de commissionairs evenals het in- en uitvoeren van alle handelsgoederen
- Het verwerven van aandelen,obligaties,kasbons of andere roerende waarden van welke vorm dan ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen,private of publiekrechtelijke rechtspersonen en instellingen
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm
- Dienst voor brandbeveiliging en bestrijding
- Beveiligings –en opsporingsdiensten; diensten in verband met beveiligingssystemen
- Elektrotechnische installaties aan gebouwen; installaties van bewakingssystemen en alarminstallaties tegen diefstal
- Vervaardiging van producten van metaal; ontwerpen,maken en monteren van leidingstelsels inclusief de verdere bewerking van buizen tot leidingen en leidingstelsels onder druk
- Gespecialiseerde detailhandel in geschenken
- Groothandel in consumentenartikelen
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan –en verkoop,de vestiging of verkrijging van onroerende zakelijke rechten zoals daar zijn vruchtgebruik,opstal en erfpacht,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
Invoicing and payment
VAT number
BE 0803.123.475
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.123.475
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of December at 19:00
deed of 27-06-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
471 m²
Building footprint
158 m²
Building volume
850 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72018C0196/00M000 | Flanders | 471 m² | 1 · 158 m² | 8.2 m · 2 |