The file of Mk&Gr contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
For Mk&Gr, at least two filing cycles of the annual accounts are missing. The computed 12-month bankruptcy probability is 6.9% (elevated). The 2022 annual accounts show equity of €21,479 and a net result of €13,662. The figures fluctuate too strongly year-on-year for a reliable trend projection.
2023 accounts not filed, 821 days past the deadline4 of 11 deeds summarised
Signalsraises riskFigures for financial year 2022 (filed 01-09-2023)3 financial years not filed after the legal deadline; last filed accounts filed 26 days lateLiquidity: current ratio 1.07, cash €47, halvedSector: Retail trade (NACE 47)Two or more financial years not filed2022 accounts filed 26 days lateneutralPrior bankruptcyShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency34-4
equity 8.6% of total assets
Liquidity0-4
short-term debt 91.4% · cash 0.0%
Profitability76+2
return on assets 5.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
6.9%Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,263 companies, NACE 47, micro)
Last 24 months11-2024: 2.7%lowest value12-2024: 3.3%▲ +0.6 percentage points vs 11-202401-2025: 5.2%▲ +1.9 percentage points vs 12-202402-2025: 5.2%● unchanged vs 01-202503-2025: 5.6%▲ +0.4 percentage points vs 02-202504-2025: 5.1%▼ -0.5 percentage points vs 03-202505-2025: 5.1%● unchanged vs 04-202506-2025: 5.1%● unchanged vs 05-202507-2025: 5.1%● unchanged vs 06-202508-2025: 6.7%▲ +1.6 percentage points vs 07-202509-2025: 6.7%● unchanged vs 08-202510-2025: 7.4%▲ +0.7 percentage points vs 09-2025highest value11-2025: 7.4%● unchanged vs 10-2025highest value12-2025: 7.4%● unchanged vs 11-2025highest value01-2026: 7.4%● unchanged vs 12-2025highest value02-2026: 7.4%● unchanged vs 01-2026highest value03-2026: 7.4%● unchanged vs 02-2026highest value04-2026: 7.4%● unchanged vs 03-2026highest value05-2026: 7.4%● unchanged vs 04-2026highest value06-2026: 7.4%● unchanged vs 05-2026highest value07-2026: 7.4%● unchanged vs 06-2026highest value08-2026: 6.9%▼ -0.5 percentage points vs 07-202609-2026: 6.9%● unchanged vs 08-202610-2026: 6.9%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2023 year end31-07-2024 deadline30-10-2026 today
raises risk · 2022 accounts filed 26 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-08-2023, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 4 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Resignation: Grigorian Ardak (manager)Partner
Resignations & appointmentsCourt decision
Annual accounts filedfinancial year 2022 · micro…
Key points
Risk: 2023 accounts not fileddeadline was 31-07-2024821 days past the deadlineView