2M CONSTRUCT

Active

Private limited companyfounded 20215 yrs activeTweemontstraat 65, 2100 Antwerpen, BelgiumKBO/BCE: BE 0766.840.824

Summary

The computed 12-month bankruptcy probability of 2M CONSTRUCT is 2.6% (moderate). The 2024 annual accounts show equity of €8k and a net result of €763. Equity is growing by ~29.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

49 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability72▼-4

Solvency56▲+8

Growth78=

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

31.1%

Return on assets

2.9%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

6 d early

2023

7 d early

2022

28 d early

2021

27 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€8k▲ 10.5%

2023 · €7k

2021: €3k 2022: €5k 2023: €7k

2021 → 2024

Total assets

€26k▼ 19.4%

2023 · €32k

2021: €42k 2022: €23k 2023: €32k

2021 → 2024

Net result

€763▼ 61.3%

2023 · €2k

2021: €-1k 2022: €3k 2023: €2k

2021 → 2024

Working capital

€-504▲ 80.4%

2023 · €-3k

2021: €17k 2022: €3k 2023: €-3k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€3k-€5k▲ 95.3%€7k▲ 37.1%€8k▲ 10.5%

Operating result€-1k-€3k€2k▼ 21.6%€892▼ 61.9%

Net result€-1k-€3k€2k▼ 23.9%€763▼ 61.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 62% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €26k

33.0%

67.0%

Fixed assets €9k ▼ 13.2%

Current assets €17k ▼ 22.2%

Equity and liabilities €26k

31.1%

68.9%

Equity €8k ▲ 10.5%

Debt €18k ▼ 28.2%

Debt's share of the balance-sheet total falls from 77.3% to 68.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€3k▼

2023 · €4k

Cash flow

€3k▼

2023 · €4k

Current ratio

0.97▲

2023 · 0.90

Debt to equity

2.22▼

2023 · 3.41

ROE

9.5%▼

2023 · 27.1%

ROA

2.9%▼

2023 · 6.1%

Interest coverage

17.62▼

2023 · 27.54

Debt ≤ 1 year

€18k▼

2023 · €25k

Income taxes

€236▼

2023 · €358

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Balance sheet Code20232024

Assets

Total assets20/58€32k€26k▼

Fixed assets21/28€10k€9k▼

Tangible fixed assets22/27€10k€9k▼

Plant, machinery and equipment23€482€342▼

Furniture and vehicles24€9k€8k▼

Current assets29/58€22k€17k▼

Amounts receivable within one year40/41€20k€17k▼

Trade receivables40€14k€12k▼

Other amounts receivable41€6k€5k▼

Cash at bank and in hand54/58€1k€224▼

Deferred charges and accrued income490/1€1k€78▼

Equity and liabilities

Total equity and liabilities10/49€32k€26k▼

Equity10/15€7k€8k▲

Contributions10/11€4k€4k=

Reserves13€3k€4k▲

Distributable reserves133€3k€4k▲

Profit (loss) carried forward14€0-

Amounts payable17/49€25k€18k▼

Amounts payable within one year42/48€25k€18k▼

Trade debts44€24k€15k▼

Suppliers440/4€24k€15k▼

Taxes, remuneration and social security45€424€236▼

Taxes450/3€424€236▼

Other amounts payable47/48€0€2k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲

Other operating charges640/8€590€302▼

Gross operating margin9900€5k€4k▼

Operating profit (loss)9901€2k€892▼

Financial income75/76B€130€301▲

Recurring financial income75€130€301▲

Financial charges65/66B€144€195▲

Recurring financial charges65€144€195▲

Profit (loss) for the period before taxes9903€2k€999▼

Income taxes67/77€358€236▼

Profit (loss) for the period9904€2k€763▼

Profit (loss) for the period to be appropriated9905€2k€763▼

Appropriation of the result

Profit (loss) to be appropriated9906€3k€763▼

Profit (loss) brought forward from the previous period14P€1k€0▼

Transfer to equity691/2€3k€763▼

To other reserves6921€3k€763▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

24-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

03-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €3k

Net result €3k after one loss-making year.

04-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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

1 act for this company is 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, Antwerpen · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Tweemontstraat 652100 Antwerpen

Ground area

372 m²

Building footprint

359 m²

Volume, LiDAR

1,270 m³

Parcel 11012A0134/00V006, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

2M CONSTRUCT

Tweemontstraat 65, 2100 AntwerpenGeneral construction of buildings

since 20212.316.759.579

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11012A0134/00V006	Flanders	371 m²	1 · 359 m²	8.2 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Nazareth-De Pinte · Eq €8,038

Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,405 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-04-2021

Fiscal year end31-12

Activities, NACEBEL 2025

41001General construction of residential buildings

41002Construction of residential and non-residential buildings

41003General construction of other non-residential buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:2mconstructbv@gmail.com

Enterprise