Migration Policy Group
ActiveMigration Policy Group has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 23% of 3169 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-2
Solvency50▲+4
Growth36▲+1
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.18 against 4.6 in 2024), but 78.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.1%
Return on assets
0.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3169 sector peers (2025).
NBB · sector comparisonPosition among 3169 sector peers
Solvency
better than 23%
← weakest
strongest →
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
94 d early
2023
96 d early
2022
45 d early
2021
6 d early
2020
47 d early
2019
46 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€727k▲ 5.0%
2024 · €693k
2018: €1.32M
2019: €1.23M
2020: €975k
2022: €1.16M
2023: €788k
2024: €693k
2018 → 2025
EBIT margin
0.1%▼ 0.3pp
2024 · 0.4%
2018: -57.3%
2019: -7.5%
2020: -6.7%
2022: -7.0%
2023: 6.7%
2024: 0.4%
2018 → 2025
Net result
€4k▼ 29.4%
2024 · €6k
2018: €46k
2019: €160k
2020: €-67k
2021: €21k
2022: €-82k
2023: €50k
2024: €6k
2018 → 2025
Working capital
€736k▼ 21.5%
2024 · €938k
2018: €117k
2019: €326k
2020: €392k
2021: €1.23M
2022: €970k
2023: €950k
2024: €938k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.16M€788k▼ 32.2%€693k▼ 12.1%€727k▲ 5.0%
Equity€250k-€168k▼ 32.7%€218k▲ 29.5%€224k▲ 2.6%€227k▲ 1.8%
Operating result€25k-€-82k€53k€2k▼ 95.3%€515▼ 79.4%
Net result€21k-€-82k€50k€6k▼ 88.8%€4k▼ 29.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€4k▼ 22.6%
Current assets
€1.07M▼ 10.4%
Equity and liabilities €1.08M
Equity
€227k▲ 1.8%
Debt
€851k▼ 13.2%
The debt ratio falls from 81.4% to 78.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2k▼
2024 · €4k
Cash flow
€5k▼
2024 · €7k
Solvency
21.1%▲
2024 · 18.6%
Current ratio
3.18▼
2024 · 4.60
Quick ratio
3.18▼
2024 · 4.60
Debt / equity
3.74▼
2024 · 4.39
ROE
1.7%▼
2024 · 2.5%
ROA
0.4%▼
2024 · 0.5%
Interest coverage
-23.94▼
2024 · -1.75
Debt
€851k▼
2024 · €981k
Debt ≤ 1 year
€338k▲
2024 · €261k
Staff costs
€882k▲
2024 · €847k
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€1.20M€1.08M▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€0-
Financial fixed assets28€3k€3k=
Current assets29/58€1.20M€1.07M▼
Amounts receivable within one year40/41€819k€692k▼
Trade receivables40€348k€379k▲
Other amounts receivable41€471k€312k▼
Current investments50/53€38k€38k▲
Cash at bank and in hand54/58€339k€342k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.08M▼
Equity10/15€224k€227k▲
Contributions10/11€61k€61k=
Capital10€61k€61k=
Profit (loss) carried forward14€162k€166k▲
Amounts payable17/49€981k€851k▼
Amounts payable within one year42/48€261k€338k▲
Trade debts44€151k€173k▲
Suppliers440/4€151k€173k▲
Taxes, remuneration and social security45€110k€165k▲
Taxes450/3€12k€33k▲
Remuneration and social security454/9€98k€132k▲
Accrued charges and deferred income492/3€720k€513k▼
Income statement
Code20242025
Turnover70€693k€727k▲
Goods, raw materials, services and sundry goods60/61€524k€498k▼
Remuneration, social security and pensions62€847k€882k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€413▼
Gross operating margin9900€852k€884k▲
Operating profit (loss)9901€2k€515▼
Financial income75/76B€938€3k▲
Recurring financial income75€938€3k▲
Financial charges65/66B€-2k€-68▲
Recurring financial charges65€-2k€-68▲
Profit (loss) for the period before taxes9903€6k€4k▼
Profit (loss) for the period9904€6k€4k▼
Profit (loss) for the period to be appropriated9905€6k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€162k€166k▲
Profit (loss) brought forward from the previous period14P€156k€162k▲
Social balance
Average headcount (FTE)908711.110.9▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Equity above €200kEq €218k ▲29.5%
Equity rises from €168k to €218k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-82k ▼480%
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €160k ▲244%
Net result €160k, the highest in the series.
31-12
Financial
Equity above €200kEq €295k ▲118%
2 profitable years in a row build equity to €295k.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
2017
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-07-2025
Naima Cherkaoui: Resigned as Director
08-02-2024
Carmen Claudin: Resigned as Director
08-02-2024
Walter Schmid: Resigned as Director
29-04-2020
Madame Ilze BRANDS KEHRIS: Resigned as Director
28-06-2017
LOZES Patrick: Resigned as Director
24-01-2017
LOZES Patrick: Resigned as Director
04-03-2016
Mekonnen MESGHENA: Resigned as Director
12-08-2015
Jan Niessen: Resigned as Director
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2014
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.
Tervurenlaan 32-341040 EtterbeekGround area
3,287 m²
Building footprint
1,858 m²
Volume, LiDAR
24,362 m³
Parcel 21005A0576/00G002, Brussels · tallest building 27.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Migration Policy Group
since 20142.232.382.645
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0576/00G002 | Brussels | 3,287 m² | 1 · 1,858 m² | 27.9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
European Union, budget
2021 to 2025 · 18 entries · 3,896,198 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 716,600 EUR |
| 2024 | 2 | 263,680 EUR |
| 2023 | 6 | 719,683 EUR |
| 2022 | 4 | 1,675,156 EUR |
| 2021 | 4 | 521,079 EUR |
Projects
SERVICE AND SUPPORT MANAGEMENT OF THE EUROPEAN WEBSITE ON INTEGRATION.
SERVICE AND SUPPORT MANAGEMENT OF THE EUROPEAN WEBSITE ON INTEGRATION
SERVICE AND SUPPORT MANAGEMENT OF THE EUROPEAN WEBSITE ON INTEGRATION
101132593 - INNOVATE - INNOVATING TO ENHANCE DIALOGUES ON MIGRATION POLICIES AND PRACTICES
NEW EUROPEANS INITIATIVE II MOVING FORWARD TO CLOSE THE PARTICIPATION GAP
Show 13 more projects
101194572 - MPG2025_NEWEUROPEANS - NEW EUROPEANS INITIATIVE - CLOSING THE PARTICIPATION GAP
101140554 - MPG2024_NEWEUROPEANS - NEW EUROPEANS INITIATIVE - CLOSING THE PARTICIPATION GAP
101103957 - MPG2023 - CLOSING THE PARTICIPATION GAP OF NEW EUROPEANS
101094828 - FAIR - EXPLORING THE SUITABILITY OF RETURN AND READMISSION POLICIES FOR IRREGULAR MIGRANTS IN THE EU.
101114742 - SIRIUS 3.0 - IMPACTFUL AND SUSTAINABLE POLICY CHANGE FOR MIGRANT EDUCATION
GRANT FOR MIGRANT EDUCATION
101037962 - CONSULTING EUTH - ENHANCING THE LEVEL OF SOCIAL INCLUSION OF YOUTH MIGRANTS AND REFUGEES, CO-DESIGNING POLICIES THROUGH THE SETTING UP OF CONSULTATIVE BODIES AT LOCAL AND EUROPEAN LEVEL (CONSULTING EUTH)
101094828 - FAIR - EXPLORING THE SUITABILITY OF RETURN AND READMISSION POLICIES FOR IRREGULAR MIGRANTS IN THE EU.
EUROPEAN NETWORK OF LEGAL EXPERTS IN GENDER EQUALITY AND NON-DISCRIMINATION
EUROPEAN NETWORK OF LEGAL EXPERTS IN GENDER EQUALITY AND NON-DISCRIMINATION
EUROPEAN NETWORK OF LEGAL EXPERTS IN GENDER EQUALITY AND NON-DISCRIMINATION
EUROPEAN NETWORK OF LEGAL EXPERTS IN GENDER EQUALITY AND NON-DISCRIMINATION
EUROPEAN NETWORK OF LEGAL EXPERTS IN GENDER EQUALITY AND NON-DISCRIMINATION
European research
8 projects · 1,677,147 EUR EU contributionProgrammes
h2020
HORIZON
Projects
Innovating to Enhance Dialogues on Migration Policies and Practices
Research Social platform On Migration and Asylum
Sustainable PRactices of INteGration
Exploring the Integration of Post-2014 Migrants in Small and Medium-sized Towns and Rural Areas from a Whole of Community Perspective
Finding Agreement in Return
Show 3 more projects
Enhanced migration measures from a multidimensional perspective
Current European and Cross-National Comparative Research and Research Actions on Migration
DEaling with conflicts related to MIgration: NEgotiating social cohesion through communication
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 39,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formInt'l non-profit association
Founded10-02-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
94999Other membership organisations
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.