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M&G Technics

Active
Private limited company·Algemene elektrotechnische installatiewerken· 3 yrs active
Dichtersstraat 72 ·2610 Antwerpen, Belgium
KBO/BCE: BE 0803.353.802
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of M&G Technics is 3.0% (moderate). The 2024 annual accounts show equity of €1k and a net result of €73k. Its solvency ranks better than 10% of 11087 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 11087 sector peers (2024).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
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 19-11-2025, 111 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.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 19-11-2025 111 d late 2025-00568715

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€73k
Working capital€-11k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 19-11-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 0.9% 40.9%
better than 10% of 11087 sector peers
Net result €73k €11k
better than 93% of 11069 sector peers
Equity €1k €34k
better than 10% of 11090 sector peers
Gross operating margin €97k €35k
better than 81% of 11060 sector peers
Total assets €105k €93k
better than 55% of 11087 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€96k
Net profit€73k
Cash flow€78k
Staff costs-
Income taxes€18k
Dividends€73k
Total assets€105k
Equity€1k
Debt€104k
of which ≤ 1y€104k
of which > 1y-
Working capital€-11k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.89
Quick ratio0.89
Working capital ratio-10.8%
Solvency0.9%
Debt / equity104.27
Long-term debt ratio-
Interest coverage712.04
Gross margin-
Net margin-
ROA69.1%
ROE7274.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€105k
Fixed assets 21/28€12k
Tangible fixed assets 22/27€12k
Current assets 29/58€93k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€91k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€105k
Equity 10/15€1k
Contributions / capital 10/11€1k
Amounts payable 17/49€104k
Amounts payable within one year 42/48€104k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€97k
Operating result 9901€91k
Financial income 75€2
Financial charges 65€135
Result before taxes 9903€91k
Income taxes 67/77€18k
Net result for the period 9904€73k
Result to be appropriated 9905€73k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
48 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
Parcels1
Ground area208 m²
Buildings1
Building footprint184 m²
Volume (LiDAR)1,309 m³
Tallest building12.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11462A0039/00D005 Flanders 208 m² 1 · 184 m² 11.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health48Profitability100Solvency9Growth-Stability79
59 / 100

Mixed profile: strong on profitability, weaker on solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 48
Profitability 100
Solvency 9
Growth -
Stability 79

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameNL M&G Technics
Registered office
Dichtersstraat 72
2610 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.