MLG Group

Active

Private limited companyfounded 20233 yrs activeOude Vijversstraat 55, 1190 Vorst, BelgiumKBO/BCE: BE 0797.880.032

Summary

MLG Group has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. 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 computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisWatch Report Compare

MLG GroupActiveChecked score 59/100

Risk analysis Report Compare

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)

Financially healthy?

59 Fair Checked score 2024

Bankruptcy chance 12 m: 1.1%

Who decides

Accounts filed 153 d late0 of 2 deeds read

Why 59- Limited track record- Higher-failure-rate region- Annual accounts: weaker financial profile- Filed more than 90 days late+ Lower-failure-rate sectorShow the evidence

Checked score

Score 2024

59 / 100

Fair

A confirmed filing finding caps the score. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency68

Growth-

Track record79

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

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.

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Signals

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

−lowers risk+raises risk

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Computer programming, consultancy and related activities (NACE 62)

about 64% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

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 region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

42.9%

Return on assets

26.6%

Age of the figures

21 mo

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 filing

Deviation 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)

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

31-12-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Caution: Latest accounts filed lateafter the legal deadline 153 d View
Caution: Among the weakest 16% on equitysector median €73,616 · 20,790 companies €12,615 View
Total assets 2024first fiscal year filed €29,389 View