Mking Group

Active

Private limited companyfounded 20233 yrs activeDrieselstraat 22, 9041 Gent, BelgiumKBO/BCE: BE 0800.347.394

Summary

The computed 12-month bankruptcy probability of Mking Group is 3.2% (moderate). The 2024 annual accounts show equity of €427,100 and a net result of -€19,525. Its solvency ranks better than 51% of 36365 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

Mking GroupActiveChecked score 49/100

Risk analysis Report Compare

What they do

Plastering work

NACE 43310

1 site

How big

€902,085total assets 2024

Equity: €427,100
Loss: -€19,525

Turnover not published (abridged schema)

Financially healthy?

49 Fair Checked score 2024

Bankruptcy chance 12 m: 3.2%

Who decides

Holdings: 1

Accounts 63 d overdue0 of 2 deeds read

Why 49- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Persistent lossesFiled after the deadlineShow the evidence

Checked score

Score 2024

49 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability32=

Solvency72▼-28

Growth32

Track record94

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €20,000 at 30 days acceptable

Liquidity short (current ratio 0.02 against 0.59 in 2023; short-term debt: 15% and cash: 0% of total assets), and 52.7% of the assets are financed with debt.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

47.3%

Return on assets

-2.2%

Age of the figures

21 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2324

2023 to 2024 · latest year -€19,525

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

68 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 70 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)

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

10-10-25 Annual accounts filedfiscal year 2024 · micro…
07-10-24 Annual accounts filedfiscal year 2023 · micro…

Key points

Caution: Among the weakest 8% on net resultsector median €9,288 · 36,334 companies -€19,525 View
Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
Total assets 20242 fiscal years filed €902,085 View