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MRG ELEC

Active
Private limited companyfounded 2009active for 17 yearsRue de Longwy - AUBANGE 32, 6790 Aubange, BelgiumKBO/BCE: BE 0809.275.255
Summary

MRG ELEC has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,118 and a net result of €42,764. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 27% of 5,004 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Retail sale of information and communication equipment
NACE 47400General electrical installation work NACE 43211
1 site
Size
€729,461total assets 2025
Staff
9.8 FTE
Equity
€118,118
Profit
€42,764
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
Tech-Home · 100%
Accounts 92 days early1 of 5 deeds read
Why 70raises riskEquity €118,118 (16.2% of total assets)Sector: Retail trade (NACE 47)Size: 9.8 FTE, total assets €729,461lowers riskFounded in 2009Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency 41-9
equity 16.2% of total assets
Liquidity 41-2
short-term debt 48.6% · cash 12.4%
Profitability 76-13
return on assets 5.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,222 companies, NACE 47, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 1.0%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.5%▼ -0.4 percentage points vs 11-2025lowest value 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.87, compared with 1.02 in 2024, below 1; short-term debt: 48.6% and cash: 12.4% of total assets), and 83.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 32% on solvency, 39% on liquidity, 63% on profitability and 29% on growth.

The bankruptcy probability was computed on 23-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Equity €118,118 (16.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: 9.8 FTE, total assets €729,461
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
92 days early
2024
70 days early
2023
79 days early
2022
61 days early
2021
68 days early
2020
26 days late
2019
93 days 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 62 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 22 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2025net €80,948 ▲9.3%

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €42,764 8 years View
  • Controlled by Tech-Home 100% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€729,461
Profit
€42,764
Solvency
16.2%
Go to Financials

Timeline

Events
21
Since
2010
Next accounts
by 31-07-2027
  1. 13-05-2024Annual accounts filed
  2. 24-11-2023Resignation: Grégory MERTZ (manager)
  3. 31-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of information and communication equipmentNACE 47400
Founded
22-01-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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