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MGT

Active
Private limited companyfounded 201510 yrs activeLindestraat 100, 1785 Merchtem, BelgiumKBO/BCE: BE 0642.555.714

MGT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €452k and a net result of €66k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
93 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-13
Solvency98=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 2.58 in 2024), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.2%
Return on assets
8.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
63 d early
2023
50 d early
2022
49 d early
2021
37 d early
2020
37 d early
2019
43 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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, micro schema

Equity
€452k▲ 8.8%
2024 · €415k
2018: €132k 2019: €191k 2020: €233k 2021: €296k 2022: €303k 2023: €361k 2024: €415k
2018 → 2025
Total assets
€750k▲ 6.3%
2024 · €706k
2018: €341k 2019: €375k 2020: €403k 2021: €462k 2022: €647k 2023: €677k 2024: €706k
2018 → 2025
Net result
€66k▼ 7.8%
2024 · €72k
2018: €42k 2019: €58k 2020: €51k 2021: €86k 2022: €31k 2023: €75k 2024: €72k
2018 → 2025
Working capital
€120k▲ 12.2%
2024 · €107k
2018: €95k 2019: €108k 2020: €148k 2021: €206k 2022: €47k 2023: €77k 2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€296k-€303k▲ 2.6%€361k▲ 19.0%€415k▲ 15.0%€452k▲ 8.8%
Operating result€113k-€44k▼ 60.7%€98k▲ 121%€96k▼ 1.9%€91k▼ 6.1%
Net result€86k-€31k▼ 64.0%€75k▲ 143%€72k▼ 5.0%€66k▼ 7.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €113k€113kNet result 2021: €86k€86kOperating result 2022: €44k€44kNet result 2022: €31k€31kOperating result 2023: €98k€98kNet result 2023: €75k€75kOperating result 2024: €96k€96kNet result 2024: €72k€72kOperating result 2025: €91k€91kNet result 2025: €66k€66k20212022202320242025
The operating result has fallen two years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €750k
Fixed assets €524k▼ 1.3%
Current assets €226k▲ 29.6%
Equity and liabilities €750k
Equity €452k▲ 8.8%
Debt €298k▲ 2.7%
The debt ratio falls from 41.2% to 39.8%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€100k
2024 · €105k
Cash flow
€75k
2024 · €80k
Solvency
60.2%
2024 · 58.8%
Current ratio
2.13
2024 · 2.58
Quick ratio
2.13
2024 · 2.58
Debt / equity
0.66
2024 · 0.70
ROE
14.6%
2024 · 17.3%
ROA
8.8%
2024 · 10.2%
Interest coverage
12.10
2024 · 15.54
Debt
€298k
2024 · €290k
Debt ≤ 1 year
€106k
2024 · €68k
Debt > 1 year
€192k
2024 · €223k
Income taxes
€18k
2024 · €19k
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€706k€750k
Fixed assets21/28€531k€524k
Tangible fixed assets22/27€531k€524k
Land and buildings22€525k€519k
Plant, machinery and equipment23€1k€1k
Furniture and vehicles24€4k€3k
Current assets29/58€175k€226k
Amounts receivable within one year40/41€24k€67k
Trade receivables40€20k€63k
Other amounts receivable41€4k€4k
Current investments50/53€73k€109k
Cash at bank and in hand54/58€77k€49k
Deferred charges and accrued income490/1€787€1k
Equity and liabilities
Total equity and liabilities10/49€706k€750k
Equity10/15€415k€452k
Contributions10/11€19k€19k=
Reserves13€81k€81k=
Distributable reserves133€81k€81k=
Profit (loss) carried forward14€316k€352k
Amounts payable17/49€290k€298k
Amounts payable after more than one year17€223k€192k
Financial debts170/4€223k€192k
Amounts payable within one year42/48€68k€106k
Current portion of amounts payable after more than one year42€30k€31k
Financial debts43€5€5
Credit institutions430/8€5€5
Trade debts44€3k€42k
Suppliers440/4€3k€42k
Taxes, remuneration and social security45€17k€13k
Taxes450/3€17k€10k
Remuneration and social security454/9-€3k
Other amounts payable47/48€17k€21k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k
Other operating charges640/8€694€801
Gross operating margin9900€105k€100k
Operating profit (loss)9901€96k€91k
Financial income75/76B€857€2k
Recurring financial income75€857€2k
Financial charges65/66B€7k€8k
Recurring financial charges65€7k€8k
Profit (loss) for the period before taxes9903€90k€84k
Income taxes67/77€19k€18k
Profit (loss) for the period9904€72k€66k
Profit (loss) for the period to be appropriated9905€72k€66k
Appropriation of the result
Profit (loss) to be appropriated9906€316k€382k
Profit (loss) brought forward from the previous period14P€244k€316k
Transfer from equity791/2€18k-
Profit to be distributed694/7€18k€29k
Return on contributions (dividend)694€18k€29k

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €31k ▼64%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €86k ▲70.3%
Operating result €113k, net result €86k, both a record.
24-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €200kEq €233k ▲22.3%
3 profitable years in a row build equity to €233k.
18-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €150kEq €191k ▲43.9%
2 profitable years in a row build equity to €191k.
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Merchtem · 1 establishment unit since 2015
establishment 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.

Lindestraat 1001785 Merchtem
Ground area
1,611 m²
Building footprint
143 m²
Volume, LiDAR
739 m³
Parcel 23028A0186/00N000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MGT
Lindestraat 100, 1785 MerchtemIntermediation services for non-specialised retail
since 20152.247.295.307
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23028A0186/00N000 Flanders 1,611 m² 1 · 143 m² 6.7 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.

Similar companies · same sector, comparable size

Of 13,390 companies in sector 73300 we hold annual accounts for 6,881. 4,280 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-11-2015
Fiscal year end31-12
Trade name NL MGT. interim management & consultancy
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
47120Other non-specialised retail sale
47910Retail trade
53200Other postal and courier activities
66300Activities auxiliary to financial services and insurance activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:monique.mgt@outlook.com
Enterprise