MPG Consult
ActiveSummary
MPG Consult has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,130 and a net result of -€14,275. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 55% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency86▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.47 against 4.2 in 2024; short-term debt: 38.8% and cash: 2.2% of total assets), and 38.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
61.2%
Return on assets
-23.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,275
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
17 d early
2023
15 d early
2022
41 d early
2021
26 d early
2020
60 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€37,130▼ 27.8%
2024 · €51,405
Total assets
€60,648▼ 8.6%
2024 · €66,337
Net result
-€14,275▼ 12.4%
2024 · -€12,695
Working capital
€34,460▼ 28.0%
2024 · €47,844
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€909€3,937€61,933▲ 1,473%-€9,467-€12,412▼ 31.1%
Net result-€2,987€1,023€41,765▲ 3,981%-€12,695-€14,275▼ 12.4%
Equity€31,311▼ 8.7%€32,334▲ 3.3%€64,099▲ 98.2%€51,405▼ 19.8%€37,130▼ 27.8%
Total assets€88,955▲ 38.5%€84,909▼ 4.5%€109,885▲ 29.4%€66,337▼ 39.6%€60,648▼ 8.6%
Debt€57,643▲ 92.5%€52,574▼ 8.8%€45,786▼ 12.9%€14,932▼ 67.4%€23,519▲ 57.5%
Working capital€30,904▼ 3.0%€32,259▲ 4.4%€59,647▲ 84.9%€47,844▼ 19.8%€34,460▼ 28.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,412 in 2025 against €9,467 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,648
Fixed assets
€2,669 ▼ 25.0%
Current assets
€57,979 ▼ 7.6%
Equity and liabilities €60,648
Equity
€37,130 ▼ 27.8%
Debt
€23,519 ▲ 57.5%
Debt's share of the balance-sheet total rises from 22.5% to 38.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€11,521▼
2024 · -€8,576
Cash flow
-€13,384▼
2024 · -€11,803
Current ratio
2.47▼
2024 · 4.20
Quick ratio
0.49▼
2024 · 1.17
Debt to equity
0.63▲
2024 · 0.29
ROE
-38.4%▼
2024 · -24.7%
ROA
-23.5%▼
2024 · -19.1%
Interest coverage
-5.60▼
2024 · -3.07
Debt ≤ 1 year
€23,519▲
2024 · €14,932
Income taxes
-€187▼
2024 · €470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,058 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% | 1.6% |
| 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 74% 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 5,827 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,027 | €306 | €107 | €891 | €891 | = |
| Other operating charges640/8 | €2,925 | €791 | €2,174 | €1,699 | €1,148 | ▼ 32.4% |
| Gross operating margin9900 | €4,042 | €5,033 | €64,214 | -€6,876 | -€10,372 | ▼ 50.8% |
| Operating profit (loss)9901 | -€909 | €3,937 | €61,933 | -€9,467 | -€12,412 | ▼ 31.1% |
| Financial income75/76B | - | - | €95 | €34 | €6 | ▼ 83.4% |
| Recurring financial income75 | - | - | €95 | €34 | €6 | ▼ 83.4% |
| Financial charges65/66B | €578 | €517 | €1,742 | €2,792 | €2,056 | ▼ 26.4% |
| Recurring financial charges65 | €578 | €517 | €1,742 | €2,792 | €2,056 | ▼ 26.4% |
| Profit (loss) for the period before taxes9903 | -€1,487 | €3,420 | €60,286 | -€12,225 | -€14,462 | ▼ 18.3% |
| Income taxes67/77 | €1,500 | €2,397 | €18,521 | €470 | -€187 | ▼ 140% |
| Profit (loss) for the period9904 | -€2,987 | €1,023 | €41,765 | -€12,695 | -€14,275 | ▼ 12.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,987 | €1,023 | €41,765 | -€12,695 | -€14,275 | ▼ 12.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88,955 | €84,909 | €109,885 | €66,337 | €60,648 | ▼ 8.6% |
| Fixed assets21/28 | €408 | €102 | €4,452 | €3,561 | €2,669 | ▼ 25.0% |
| Tangible fixed assets22/27 | €408 | €102 | €4,452 | €3,561 | €2,669 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | - | €4,452 | €3,561 | €2,669 | ▼ 25.0% |
| Other tangible fixed assets26 | €408 | €102 | - | - | - | - |
| Current assets29/58 | €88,547 | €84,807 | €105,433 | €62,776 | €57,979 | ▼ 7.6% |
| Stocks and contracts in progress3 | €46,612 | €44,347 | €48,272 | €45,241 | €46,561 | ▲ 2.9% |
| Stocks30/36 | €46,612 | €44,347 | €48,272 | €45,241 | €46,561 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €31,324 | €20,671 | €14,413 | €2,642 | €2,288 | ▼ 13.4% |
| Trade receivables40 | €31,324 | €20,671 | €14,413 | €2,426 | €993 | ▼ 59.1% |
| Other amounts receivable41 | - | - | - | €216 | €1,295 | ▲ 500% |
| Current investments50/53 | €90 | €3,717 | €5,244 | €460 | €1,507 | ▲ 228% |
| Cash at bank and in hand54/58 | €3,219 | €10,717 | €24,357 | €5,944 | €1,357 | ▼ 77.2% |
| Deferred charges and accrued income490/1 | €7,302 | €5,354 | €13,146 | €8,490 | €6,265 | ▼ 26.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88,955 | €84,909 | €109,885 | €66,337 | €60,648 | ▼ 8.6% |
| Equity10/15 | €31,311 | €32,334 | €64,099 | €51,405 | €37,130 | ▼ 27.8% |
| Contributions10/11 | €18,592 | €18,592 | €20,451 | €20,451 | €20,451 | = |
| Reserves13 | €12,719 | €13,742 | €43,648 | €36,760 | €36,760 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Other1319 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €10,860 | €11,883 | €43,648 | €36,760 | €36,760 | = |
| Profit (loss) carried forward14 | - | - | - | -€5,807 | -€20,082 | ▼ 246% |
| Amounts payable17/49 | €57,643 | €52,574 | €45,786 | €14,932 | €23,519 | ▲ 57.5% |
| Amounts payable within one year42/48 | €57,643 | €52,548 | €45,786 | €14,932 | €23,519 | ▲ 57.5% |
| Trade debts44 | €9,578 | €1,691 | €2,560 | €2,099 | €1,321 | ▼ 37.0% |
| Suppliers440/4 | €9,578 | €1,691 | €2,560 | €2,099 | €1,321 | ▼ 37.0% |
| Taxes, remuneration and social security45 | €5,438 | €8,574 | €30,566 | €775 | €490 | ▼ 36.7% |
| Taxes450/3 | €5,438 | €8,574 | €30,566 | €775 | €490 | ▼ 36.7% |
| Other amounts payable47/48 | €42,627 | €42,283 | €12,660 | €12,058 | €21,707 | ▲ 80.0% |
| Accrued charges and deferred income492/3 | - | €26 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,987 | €1,023 | €41,765 | -€12,695 | -€14,275 | ▼ 12.4% |
| + Depreciation and write-downs630 | €2,027 | €306 | €107 | €891 | €891 | = |
| Operating cash flow (approximation) | -€961 | €1,329 | €41,871 | -€11,803 | -€13,384 | ▼ 13.4% |
| Investment in fixed assets (approximation) | - | €0 | -€4,457 | €0 | €0 | - |
| Change in cash | - | €7,499 | €13,640 | -€18,414 | -€4,586 | ▲ 75.1% |
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
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€14,275
Net result drops to -€14,275, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €41,765 ▲3,981%
Operating result €61,933, net result €41,765, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,023
Net result €1,023 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €804
Net result €804 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Stoumont · 1 establishment unit since 1992
Ground area
4,689 m²
Building footprint
150 m²
Volume, LiDAR
924 m³
Parcel 63042F0144/00C000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Moulin du Ruy 99, 4987 Stoumont
since 19922.055.738.717
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63042F0144/00C000 | Wallonia | 4,689 m² | 1 · 149 m² | 8.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteStoumont2.055.738.717
Similar companies · same sector, comparable size
Happy Works!
BE 0783.685.665
Destelbergen · Eq €37,129
HODE CONSULTING
BE 0808.192.617
Zoersel · Eq €37,125
SHETLAND CONSULTING
BE 0739.847.011
Oudergem · Eq €37,136
FOLCQUE CONSULTING
BE 1011.584.987
Evere · Eq €37,123
Xenia Services
BE 0674.787.329
Hasselt · Eq €37,139
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,164 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
Founded27-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46349Wholesale of beverages, general range
46392Non-specialised wholesale
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446199802
Also
9925:BE0446199802
Registered
15-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.