MGplus
ActiveSummary
MGplus has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,296 and a net result of €33,100. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 37% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €31,296
- Profit
- €33,100
- MGplus InvestDirector · permanent representative GULDENTOPS Maarten
Why 94raises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.48, cash €55,841Size: total assets €78,283Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 38% on solvency, 61% on liquidity, 84% on profitability and 34% on growth.
The bankruptcy probability was computed on 28-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 3 accounts on average 117 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €33,100 ▲4.3%
- Resignation: GULDENTOPS Maarten (director)Appointment: MGplus Invest (director) ·…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 16% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,437 | €4,039 | ▲ 17.5% |
| Other operating charges640/8 | €321 | €797 | €1,201 | ▲ 50.8% |
| Gross operating margin9900 | €43 | €45,503 | €39,920 | ▼ 12.3% |
| Operating profit (loss)9901 | -€278 | €41,269 | €34,681 | ▼ 16.0% |
| Financial charges65/66B | - | €54 | €45 | ▼ 15.9% |
| Recurring financial charges65 | - | €54 | €45 | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | -€278 | €41,215 | €34,636 | ▼ 16.0% |
| Income taxes67/77 | - | €9,491 | €1,535 | ▼ 83.8% |
| Profit (loss) for the period9904 | -€278 | €31,724 | €33,100 | ▲ 4.3% |
| Profit (loss) for the period to be appropriated9905 | -€278 | €31,724 | €33,100 | ▲ 4.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,000 | €51,968 | €78,283 | ▲ 50.6% |
| Fixed assets21/28 | - | €12,879 | €8,840 | ▼ 31.4% |
| Tangible fixed assets22/27 | - | €12,879 | €8,840 | ▼ 31.4% |
| Furniture and vehicles24 | - | €12,879 | €8,840 | ▼ 31.4% |
| Current assets29/58 | €3,000 | €39,089 | €69,443 | ▲ 77.7% |
| Amounts receivable within one year40/41 | €2,000 | €23,456 | €11,890 | ▼ 49.3% |
| Trade receivables40 | €2,000 | €23,456 | €11,890 | ▼ 49.3% |
| Cash at bank and in hand54/58 | €1,000 | €14,240 | €55,841 | ▲ 292% |
| Deferred charges and accrued income490/1 | - | €1,393 | €1,713 | ▲ 23.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,000 | €51,968 | €78,283 | ▲ 50.6% |
| Equity10/15 | €722 | €32,446 | €31,296 | ▼ 3.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €31,446 | €30,296 | ▼ 3.7% |
| Distributable reserves133 | - | €31,446 | €30,296 | ▼ 3.7% |
| Profit (loss) carried forward14 | -€278 | €0 | €0 | - |
| Amounts payable17/49 | €2,278 | €19,522 | €46,987 | ▲ 141% |
| Amounts payable within one year42/48 | €2,278 | €19,522 | €46,987 | ▲ 141% |
| Trade debts44 | €2,278 | €740 | €7,470 | ▲ 909% |
| Suppliers440/4 | €2,278 | €740 | €7,470 | ▲ 909% |
| Taxes, remuneration and social security45 | - | €14,806 | €3,489 | ▼ 76.4% |
| Taxes450/3 | - | €14,806 | €3,489 | ▼ 76.4% |
| Other amounts payable47/48 | - | €3,976 | €36,027 | ▲ 806% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€278 | €31,724 | €33,100 | ▲ 4.3% |
| + Depreciation and write-downs630 | - | €3,437 | €4,039 | ▲ 17.5% |
| Operating cash flow (approximation) | -€278 | €35,162 | €37,139 | ▲ 5.6% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €13,240 | €41,601 | ▲ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-04-2026 | 2026-00082296 |
| 31-12-2024 | micro format | 07-04-2025 | 2025-00064552 |
| 31-12-2023 | micro format | 19-03-2024 | 2024-00045328 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MGplus Invest |
|
| GULDENTOPS Maarten |
|
Owners and capital
Capital and shareholders
- GULDENTOPS Maarten 100 shares (100%) · €1,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-12-2023 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
21-05
Gazette deed
Resignation: GULDENTOPS Maarten (director)Appointment: MGplus Invest (director) · Permanent representative: GULDENTOPS Maarten · Purpose change11 facts ▸
- General meeting, 07-05-2025
- Other provision, 06-05-2025
- Purpose change
- Other provision, “vaststelling gecoördineerde statuten”, 2 (deed in Dutch)
- Director resignation, GULDENTOPS Maarten (director (not named in the articles))
- Director discharge, GULDENTOPS Maarten
- Director appointment, MGplus Invest (director (not named in the articles))
- Permanent representative, GULDENTOPS Maarten
- Other provision, “aanvaarding benoeming en bevestiging geen beletende maatregel” (deed in Dutch)
- Board rule, 1, 01-06-2025
- Power of attorney, Van Hooff Goedele
19-12
Gazette deed
IncorporationAppointment: GULDENTOPS Maarten (niet statutaire bestuurder) · Founder · Founding capital8 facts ▸
- Founder, GULDENTOPS Maarten
- Incorporation, “MGplus” (deed in Dutch)
- Founding capital, €1,000
- Other provision, 15-11-2023
- Bank account, “BE11 7370 7318 7048, vennootschap in oprichting” (deed in Dutch)
- Board rule, 1
- Director appointment, GULDENTOPS Maarten (niet statutaire bestuurder)
- Pre-incorporation commitments, “takeover, alle verbintenissen verplichtingen en activiteiten” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12392A0694/00V007 | Flanders | 228 m² | 1 · 80 m² | 11.1 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Consulting op het gebied van commerciële, communicatie- en bedrijfsstrategieën; Verlenen van adviezen en hulp aan het bedrijfsleven en de…” (deed in Dutch)
24 activities (deed in Dutch)
- Consulting op het gebied van commerciële, communicatie- en bedrijfsstrategieën;
- 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, enzovoort;
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enzovoort;
- Het uitvoeren en managen van projecten voor organisaties;
- Het uitoefenen van management- en consulting- en beheersactiviteiten waaronder begrepen: het uitoefenen van managementfuncties in diverse ondernemingen, het sluiten van consulting overeenkomsten, het uitoefenen van consulting functies op onafhankelijke wijze en het uitoefenen van de functie van bestuurder, zaakvoerder of vereffenaar in andere vennootschappen;
- Het optreden als tussenpersoon in het kader van zelfstandige vertegenwoordiging;
- Het verlenen van diensten zoals inzake algemeen management en consultancy in het algemeen;
- Het management verrichten in opdracht van derden;
- Diverse administratieve activiteiten ten behoeve van kantoren;
- Overige zakelijke dienstverlening;
- Algemene bouwwerkzaamheden: de algemene bouw van residentiële gebouwen, kantoorgebouwen en andere niet-residentiële gebouwen;
- Gespecialiseerde bouwwerkzaamheden: het slopen en bouwrijp maken van terreinen, elektrotechnische installatiewerken aan gebouwen, loodgieterswerk, installatie van verwarming, klimaatregeling en ventilatie;
- Overige bouwinstallatie: isolatiewerkzaamheden en overige bouwinstallaties;
- Afwerking van gebouwen: stukadoorswerk, schrijnwerk, vloerafwerking en behangen, schilderen en glaszetten en alle overige werkzaamheden die verband houden met de afwerking van gebouwen;
- Overige gespecialiseerde bouwactiviteiten: dakwerkzaamheden, waterdichtingswerken van muren, gevelreiniging, bouw van schouwen en open haarden, het uitvoeren van metsel en voegwerken, het restaureren van bouwwerken, chapewerken en alle overige gespecialiseerde bouwwerkzaamheden;
- Reiniging van gebouwen;
- De coördinatie van bouwwerkzaamheden en bouwwerven
- Tussenpersoon in de handel;
- Verhuur en lease van andere machines en werktuigen en andere materiele goederen;
- Aankoop en verkoop van eigen onroerend goed;
- Bemiddeling bij de aankoop, verkoop en verhuur van eigen onroerende goederen;
- Huur en verhuur van eigen onroerende goederen;
- Bouwen, verbouwen en renoveren van eigen onroerend goed;
- Het aanleggen, het oordeelkundig uitbouwen, het beheren en verhandelen van een onroerend vermogen; alle verrichtingen, studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de aanpassing, 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, met inbegrip van onroerende leasing;
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alonedeed of 21-05-2025
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, algemene vergadering aantal duur bevoegdheid” (deed in Dutch)deed of 19-12-2023
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 21:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor