Equity
-€8,562
Debts exceed assets in financial year 2025.
MQG
Lifetime
3 annual accounts with figures on one time axispeak €11,010 (2024)
€10,875▼ 1.2%
lowest -€31,997 (2023)
-€3,474▼ €383
peak -€1,997 (2023)
-€8,562▼ €3,474
€165,115▼ 3.1%
Board3 names since 2022
3 directorsBOLLETTE Guillaume Simon Jean-Pol and 2 others
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Loss of €3,474Equity from -€5,088 to -€8,562
Key points
from the 2025 annual accountsLosses
-€38,562 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €29,000 estimated
The micro format states no turnover.
Debts
€165,115 105% of the balance sheet
Financial debts 75%Suppliers 0%Other 24%
Of this, €36,968 falls due within a year.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 28 days after the end of the period.
Position in the sector
-5.5%
Lower solvency than 84% of companies in real estate. Sector median 28.9% · 17,178 companies.
Checked score
54
Fair
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.6%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.1%▼ -0.5 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 0.9%▼ -0.2 percentage points vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€8,562
Founded in 2022
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €156,553
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 15% of them on solvency, 37% on liquidity, 31% on profitability and 9% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as MQG has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MQG itself is lower: 0.8% within 12 months. It rests on far more data about MQG than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for MQG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.07 (0.06 in 2024), below 1. Short-term debt is 23.6% and cash 1.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€8,562
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
3 days early
2024
27 days late
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 17 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BOLLETTE Maxime Maurice Toussaint Chandra 10 sharesdeed of 02-05-2022
- BOLLETTE Guillaume Simon Jean-Pol 10 sharesdeed of 02-05-2022
- MEUR Quentin Marie Michel 10 sharesdeed of 02-05-2022
Recent changes
Incorporation
Founding capital of €30,000, 30 shares · Appointments: BOLLETTE Maxime Maurice Toussaint Chandra, BOLLETTE Guillaume Simon Jean-Pol and MEUR Quentin Marie Michel · Registered office clause: rue Slar 49, 4801 VERVIERS (Stembert) · published on 02-05-2022 · Gazette deed
First establishment
Rue Slar 49, Verviers
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MQG Verviers | €156,553 | €10,875 | -5.5% | - |
| Du Côté d'Anatole Quiévrain | €144,523 | €9,232 | 2.7% | - |
| MGC IMMO Hannut | €180,597 | €14,499 | 99.2% | - |
| AZZILAU Beyne-Heusay | €158,083 | €7,661 | -9.1% | - |
| GESTION SEVERIN Chaudfontaine | €130,843 | €8,659 | 3.3% | - |
| HJH Immo Sprimont | €212,282 | €9,935 | 2.1% | - |
| JMDV Malle | €135,570 | €10,073 | -8.1% | - |
These companies have the same main activity as MQG: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €131,000 and €212,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 28-04-2022Normal situation
- Registered office
- 16 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 5 others
- Establishment unit
- 2.330.941.8704801 Verviers, since 28-04-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €156,553▼ 5.3%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on MQG
MQG files the micro format. That format states no turnover. The gross margin rose from €9,669 in 2023 to €10,875 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MQG
- What is the company number of MQG?
- The company number of MQG is 0785.525.596. The VAT number is the same number with BE in front: BE 0785.525.596.
- Where is MQG based?
- The registered office is at Rue Slar 49, 4801 Verviers.Company details
- What does MQG do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of MQG?
- MQG is a private limited company (BV).
- When was MQG founded?
- MQG was founded on 28-04-2022.
- Is MQG still active?
- Yes, MQG is an active enterprise in the KBO register.
- What is the turnover of MQG?
- The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €10,875 and 34 comparable companies (NACE 68201). It probably lies between €19,000 and €47,000. It is a rough estimate.Financials
- Is MQG profitable?
- In financial year 2025, MQG made a loss of €3,474.
- Where can I find the annual accounts of MQG?
- MQG filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MQG due?
- MQG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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