MPact
ActiveSummary
MPact has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56,943 and a net result of €117,416. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency52▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.49 in 2023; short-term debt: 73.4% and cash: 85% of total assets), and 73.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 25% of 37969 sector peers (2024).
NBB · sector comparisonPosition among 37969 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
9 d early
2022
39 d early
2021
6 d early
2020
9 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€56,943▲ 4.4%
2023 · €54,528
Total assets
€213,725▲ 31.5%
2023 · €162,523
Net result
€117,416▲ 90.7%
2023 · €61,561
Working capital
€54,093▲ 3.7%
2023 · €52,140
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€64,147▲ 28.3%€61,862▼ 3.6%€81,238▲ 31.3%€77,081▼ 5.1%€153,224▲ 98.8%
Net result€50,498within the sector's middle half▲ 33.4%€50,710within the sector's middle half▲ 0.4%€67,306above the sector's middle half▲ 32.7%€61,561within the sector's middle half▼ 8.5%€117,416above the sector's middle half▲ 90.7%
Equity€94,551within the sector's middle half▲ 115%€145,261within the sector's middle half▲ 53.6%€104,967within the sector's middle half▼ 27.7%€54,528within the sector's middle half▼ 48.1%€56,943within the sector's middle half▲ 4.4%
Total assets€130,503within the sector's middle half▲ 77.1%€163,646within the sector's middle half▲ 25.4%€154,732within the sector's middle half▼ 5.4%€162,523within the sector's middle half▲ 5.0%€213,725within the sector's middle half▲ 31.5%
Debt€35,952▲ 21.4%€18,385▼ 48.9%€49,765▲ 171%€107,996▲ 117%€156,781▲ 45.2%
Working capital€92,922within the sector's middle half▲ 122%€141,683above the sector's middle half▲ 52.5%€102,554within the sector's middle half▼ 27.6%€52,140within the sector's middle half▼ 49.2%€54,093within the sector's middle half▲ 3.7%
Solvency72.5%within the sector's middle half▲ 12.7pp88.8%above the sector's middle half▲ 16.3pp67.8%within the sector's middle half▼ 20.9pp33.6%within the sector's middle half▼ 34.3pp26.6%below the sector's middle half▼ 6.9pp
Current ratio3.58within the sector's middle half▲ 1.178.71above the sector's middle half▲ 5.123.06within the sector's middle half▼ 5.651.49within the sector's middle half▼ 1.571.35within the sector's middle half▼ 0.14
Return on assets (ROA)38.7%above the sector's middle half▼ 12.7pp31.0%above the sector's middle half▼ 7.7pp43.5%above the sector's middle half▲ 12.5pp37.9%above the sector's middle half▼ 5.6pp54.9%above the sector's middle half▲ 17.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 99% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €213,725
Fixed assets
€2,850 ▼ 26.6%
Current assets
€210,874 ▲ 32.9%
Equity and liabilities €213,725
Equity
€56,943 ▲ 4.4%
Debt
€156,781 ▲ 45.2%
Debt's share of the balance-sheet total rises from 66.4% to 73.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€154,258▲
2023 · €78,020
Cash flow
€118,450▲
2023 · €62,500
Debt to equity
2.75▲
2023 · 1.98
ROE
206.2%▲
2023 · 112.9%
Interest coverage
84.96▼
2023 · 109.70
Debt ≤ 1 year
€156,781▲
2023 · €106,499
Income taxes
€35,492▲
2023 · €16,275
Staff costs
€1,827▼
2023 · €2,787
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,217 | €2,901 | €2,787 | €1,827 | ▼ 34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €613 | €2,195 | €1,165 | €939 | €1,034 | ▲ 10.1% |
| Other operating charges640/8 | - | €882 | €1,317 | €825 | €754 | ▼ 8.6% |
| Gross operating margin9900 | €67,598 | €67,157 | €86,621 | €81,632 | €156,839 | ▲ 92.1% |
| Operating profit (loss)9901 | €64,147 | €61,862 | €81,238 | €77,081 | €153,224 | ▲ 98.8% |
| Financial income75/76B | - | €3,304 | €4,857 | €1,466 | €1,499 | ▲ 2.3% |
| Recurring financial income75 | €771 | €3,304 | €4,857 | €1,466 | €1,499 | ▲ 2.3% |
| Financial charges65/66B | - | €116 | €82 | €711 | €1,816 | ▲ 155% |
| Recurring financial charges65 | €191 | €116 | €82 | €711 | €1,816 | ▲ 155% |
| Profit (loss) for the period before taxes9903 | €64,727 | €65,050 | €86,013 | €77,836 | €152,907 | ▲ 96.4% |
| Income taxes67/77 | €14,229 | €14,340 | €18,707 | €16,275 | €35,492 | ▲ 118% |
| Profit (loss) for the period9904 | €50,498 | €50,710 | €67,306 | €61,561 | €117,416 | ▲ 90.7% |
| Profit (loss) for the period to be appropriated9905 | €50,498 | €50,710 | €67,306 | €61,561 | €117,416 | ▲ 90.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,503 | €163,646 | €154,732 | €162,523 | €213,725 | ▲ 31.5% |
| Fixed assets21/28 | €1,629 | €3,578 | €2,413 | €3,884 | €2,850 | ▼ 26.6% |
| Tangible fixed assets22/27 | €1,533 | €3,482 | €2,317 | €3,788 | €2,754 | ▼ 27.3% |
| Land and buildings22 | - | - | - | €2,330 | €1,848 | ▼ 20.7% |
| Furniture and vehicles24 | - | €3,482 | €2,317 | €1,458 | €906 | ▼ 37.9% |
| Financial fixed assets28 | €96 | €96 | €96 | €96 | €96 | = |
| Current assets29/58 | €128,874 | €160,067 | €152,319 | €158,639 | €210,874 | ▲ 32.9% |
| Amounts receivable after more than one year29 | - | €110,000 | €110,000 | €50,000 | - | - |
| Other amounts receivable291 | - | €110,000 | €110,000 | €50,000 | - | - |
| Amounts receivable within one year40/41 | €49,042 | €46,411 | €20,132 | €33,821 | €27,378 | ▼ 19.1% |
| Trade receivables40 | - | €15,991 | €18,055 | €30,281 | €23,207 | ▼ 23.4% |
| Other amounts receivable41 | - | €30,420 | €2,077 | €3,539 | €4,171 | ▲ 17.8% |
| Cash at bank and in hand54/58 | €19,833 | €3,656 | €22,187 | €73,088 | €181,692 | ▲ 149% |
| Deferred charges and accrued income490/1 | - | - | - | €1,731 | €1,805 | ▲ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,503 | €163,646 | €154,732 | €162,523 | €213,725 | ▲ 31.5% |
| Equity10/15 | €94,551 | €145,261 | €104,967 | €54,528 | €56,943 | ▲ 4.4% |
| Contributions10/11 | - | €6,200 | €18,600 | €6,280 | €6,280 | = |
| Reserves13 | €80,000 | €130,000 | €30,000 | €30,000 | €30,000 | = |
| Distributable reserves133 | - | €130,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | €8,351 | €9,061 | €56,367 | €18,248 | €20,663 | ▲ 13.2% |
| Amounts payable17/49 | €35,952 | €18,385 | €49,765 | €107,996 | €156,781 | ▲ 45.2% |
| Amounts payable within one year42/48 | €35,952 | €18,385 | €49,765 | €106,499 | €156,781 | ▲ 47.2% |
| Trade debts44 | €249 | €2,380 | €3,819 | €2,208 | €4,008 | ▲ 81.5% |
| Suppliers440/4 | - | €2,380 | €3,819 | €2,208 | €4,008 | ▲ 81.5% |
| Taxes, remuneration and social security45 | - | €16,005 | €25,946 | €10,891 | €37,773 | ▲ 247% |
| Taxes450/3 | - | €16,005 | €25,946 | €10,891 | €37,773 | ▲ 247% |
| Other amounts payable47/48 | - | - | €20,000 | €93,400 | €115,000 | ▲ 23.1% |
| Accrued charges and deferred income492/3 | - | - | - | €1,496 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,498 | €50,710 | €67,306 | €61,561 | €117,416 | ▲ 90.7% |
| + Depreciation and write-downs630 | €613 | €2,195 | €1,165 | €939 | €1,034 | ▲ 10.1% |
| Operating cash flow (approximation) | €51,111 | €52,905 | €68,471 | €62,500 | €118,450 | ▲ 89.5% |
| Investment in fixed assets (approximation) | - | -€4,145 | €0 | -€2,411 | €0 | ▲ 100% |
| Change in cash | - | -€16,177 | €18,531 | €50,900 | €108,604 | ▲ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €117,416 ▲90.7%
Operating result €153,224, net result €117,416, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 8.71
Current ratio from 3.58 to 8.71; short-term debt falls from €35,952 to €18,385.
31-12
Financial
Equity above €100,000Eq €145,261 ▲53.6%
3 profitable years in a row build equity to €145,261.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2018
Ground area
1,458 m²
Building footprint
168 m²
Volume, LiDAR
1,223 m³
Parcel 44061B0241/00P004, Flanders · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MPact
since 20182.277.014.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B0241/00P004 | Flanders | 1,458 m² | 1 · 168 m² | 16.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0697972210
Also
9925:BE0697972210
Registered
07-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.