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MGS Beringen

Active
Public limited companyfounded 1985active for 41 yearsPaalsesteenweg 170, 3583 Beringen, BelgiumKBO/BCE: BE 0426.889.674
Summary

MGS Beringen has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,165 and a net result of €9,895. Equity is shrinking by about 6.5% per year across the filed financial years. Its solvency ranks better than 61% of 2,495 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
#2 oldest company in Beringen, Professional and technical services sector1 site
Size
€330,948total assets 2025
Staff
6 FTE
Equity
€189,165
Profit
€9,895
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
MGS ROSKILDE A/S BO · 100%
Auditor: Mercken Bedrijfsrevisoren BVAccounts 78 days early2 of 11 deeds read
Why 94raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 5.50, cash €119,655Founded in 1985Equity €189,165 (57.2% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency 82-8
equity 57.2% of total assets
Liquidity 91+5
short-term debt 17.0% · cash 36.2%
Profitability 72+5
return on assets 3.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,790 companies, NACE 71, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 1.1%▲ +0.9 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.4 percentage points vs 02-2025highest value 04-2025: 1.4%▼ -0.1 percentage points vs 03-2025 05-2025: 0.1%▼ -1.3 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.5, compared with 2.79 in 2024; short-term debt: 17% and cash: 36.2% of total assets), and 42.8% of the assets are financed with debt.
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 71, micro): better than 55% on solvency, 83% on liquidity, 36% on profitability and 50% on growth.

The bankruptcy probability was computed on 10-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.50, cash €119,655
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Founded in 1985
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €189,165 (57.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-02-2026, 78 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
78 days early
2024
13 days early
2022
168 days early
2021
4 days early
2020
3 days early
2019
42 days early
2018
48 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end11-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BV Compass Audit (statutory auditor)Permanent representatives: Jo François and…
  2. Resignation: Thomas Bach Agerslev (director)Appointments: Derek Murphy, Shawn Krenke…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Oldest company in Beringen, Professional and technical services…in the Checked rankings #2 View
  • Board changedlatest change 10-03-2026 · 2 in office 3 joined · 1 left View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Controlled by MGS ROSKILDE A/S BOultimately: MGS ROSKILDE A/S 100% View

By topic

Financials

Financial year
2025
Total assets
€330,948
Profit
€9,895
Solvency
57.2%
Total assets▲ 19.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
MGS ROSKILDE A/S BO · 100%
Auditor
Mercken Bedrijfsrevisoren BV
  • Derek MurphyDirector
  • Shawn KrenkeDirector
Go to Board & ownership

Timeline

Events
44
Since
1986
Next accounts
by 30-04-2027
  1. 30-09-2025Back to profit
  2. 17-04-2025Annual accounts filed
  3. 13-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
01-03-1985
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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