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MGMT

Active
Private limited companyfounded 201016 yrs activeTri Dieu 16, 4831 Limbourg, BelgiumKBO/BCE: BE 0826.624.102
Summary

MGMT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €79k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
81 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 4.99 in 2023; short-term debt: 20% and cash: 4.6% of total assets), and 20% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
80%
Return on assets
16.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
23 d early
2023
146 d early
2022
122 d early
2021
128 d early
2020
127 d early
2019
17 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€79k▼ 12.6%
2023 · €90k
2018: €52k 2019: €49k 2020: €36k 2021: €60k 2022: €112k 2023: €90k
2018 → 2024
Working capital
€364k▲ 12.7%
2023 · €323k
2018: €106k 2019: €160k 2020: €190k 2021: €246k 2022: €277k 2023: €323k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€206k-€255k▲ 24.1%€321k▲ 25.8%€360k▲ 12.2%€390k▲ 8.4%
Operating result€51k-€84k▲ 63.2%€161k▲ 92.2%€127k▼ 21.2%€109k▼ 13.9%
Net result€36k-€60k▲ 66.8%€112k▲ 87.4%€90k▼ 20.0%€79k▼ 12.6%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €51k€51kNet result 2020: €36k€36kOperating result 2021: €84k€84kNet result 2021: €60k€60kOperating result 2022: €161k€161kNet result 2022: €112k€112kOperating result 2023: €127k€127kNet result 2023: €90k€90kOperating result 2024: €109k€109kNet result 2024: €79k€79k20202021202220232024€0€50k€100k€150kOperating result 2022: €161k€161kNet result 2022: €112k€112kOperating result 2023: €127k€127kNet result 2023: €90k€90kOperating result 2024: €109k€109kNet result 2024: €79k€79k202220232024
The operating result has fallen two years in a row; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €488k
Fixed assets €27k ▼ 28.7%
Current assets €461k ▲ 14.3%
Equity and liabilities €488k
Equity €390k ▲ 8.4%
Debt €98k ▲ 20.9%
Debt's share of the balance-sheet total rises from 18.3% to 20.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€120k
2023 · €138k
Cash flow
€89k
2023 · €101k
Current ratio
4.72
2023 · 4.99
Debt to equity
0.25
2023 · 0.22
ROE
20.1%
2023 · 25.0%
ROA
16.1%
2023 · 20.4%
Interest coverage
52.39
2023 · 60.83
Debt ≤ 1 year
€98k
2023 · €81k
Income taxes
€35k
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€441k€488k
Fixed assets21/28€37k€27k
Tangible fixed assets22/27€34k€23k
Furniture and vehicles24€28k€19k
Other tangible fixed assets26€6k€4k
Financial fixed assets28€3k€3k=
Current assets29/58€404k€461k
Amounts receivable after more than one year29-€100k
Other amounts receivable291-€100k
Amounts receivable within one year40/41€138k€138k
Trade receivables40€136k€114k
Other amounts receivable41€3k€24k
Current investments50/53€247k€197k
Cash at bank and in hand54/58€14k€22k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€441k€488k
Equity10/15€360k€390k
Contributions10/11€12k€12k=
Reserves13€348k€378k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€346k€376k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€81k€98k
Amounts payable within one year42/48€81k€98k
Trade debts44€4k€4k
Suppliers440/4€4k€4k
Taxes, remuneration and social security45€20k€43k
Taxes450/3€16k€39k
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€57k€51k
Income statement Code20232024
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k
Other operating charges640/8€1k€517
Gross operating margin9900€141k€120k
Operating profit (loss)9901€127k€109k
Financial income75/76B€3k€6k
Recurring financial income75€3k€6k
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€127k€113k
Income taxes67/77€37k€35k
Profit (loss) for the period9904€90k€79k
Profit (loss) for the period to be appropriated9905€90k€79k
Appropriation of the result
Profit (loss) to be appropriated9906€90k€79k
Transfer from equity791/2€51k€48k
Transfer to equity691/2€90k€79k
To other reserves6921€90k€79k
Profit to be distributed694/7€51k€48k
Return on contributions (dividend)694€51k€48k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €112k ▲87.4%
Operating result €161k, net result €112k, both a record.
25-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
26-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet €36k ▼26.7%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200kEq €206k ▲20.7%
3 profitable years in a row build equity to €206k.
17-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
31-12
Financial Liquidity doublescurrent ratio 9.70
Current ratio from 4.33 to 9.70; short-term debt falls from €32k to €18k.
31-12
Financial Equity above €150kEq €170k ▲39.5%
2 profitable years in a row build equity to €170k.
29-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
14-03
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-05
NBB filing Annual accounts filed
fiscal year 2015 · full 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, Limbourg · 1 establishment unit since 2010
establishment approximate The establishment unit on the map
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.

Tri Dieu 164831 Limbourg
Ground area
1,322 m²
Building footprint
167 m²
Volume, LiDAR
958 m³
Parcel 63009B0220/00K000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MGMT
Tri Dieu 16, 4831 LimbourgHoldings
since 20102.189.323.157
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63009B0220/00K000 Wallonia 1,322 m² 1 · 167 m² 7.4 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900Z70WT9K291AA05
live in the LEI register

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,543 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.