Financials
- Fiscal year
- 2024
- Total assets
- €29,389
- Profit
- €7,805
- Solvency
- 42.9%
MLG Group
ActiveSummary
The computed 12-month bankruptcy probability of MLG Group is 2.1% (moderate). The 2024 annual accounts show equity of €12,615 and a net result of €7,805. Its solvency ranks better than 32% of 20779 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Computer programming
NACE 62100NACE 62010IT consultancy NACE 62020
1 site
How big
€29,389total assets 2024
- Equity
- €12,615
- Profit
- €7,805
Turnover not published (abridged schema)
Who decides
Accounts filed 153 d late0 of 2 deeds read
Why 54- Figures for FY 2024 (filed 01-01-2026)- 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late- 1 change of registered office in 24 months+ Sector Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 58% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
68
equity 42.9% of total assets
Liquidity
71
short-term debt 57.1% · cash 69.8%
Profitability
100
return on assets 26.6%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 01-01-2026) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 153 days late; 1 of the last 3 late raises the probability
- 1 change of registered office in 24 months raises the probability
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.62; short-term debt: 57.1% and cash: 69.8% of total assets), but 57.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 37%, liquidity 53%, profitability 83%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2024
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 153 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2025
- 31-12-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer programmingNACE 62100
- Founded
- 01-02-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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