Turnover
The micro format states no turnover.
The micro format states no turnover.
2025 accounts not filed: deadline was 31-07-2026.
Less equity than 80% of companies in construction of buildings. Sector median €45,395 · 9,844 companies.
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 38% of them on solvency, 12% on liquidity, 47% on profitability and 55% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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).
In July 2024, 5,047 companies had the same profile as 2M CONSTRUCT has now. Each dot stands for 13 companies, two years later.
The bankruptcy probability of 2M CONSTRUCT itself is higher: 4.6% within 12 months. It rests on far more data about 2M CONSTRUCT than the profile alone.
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 5,047 companies, not a prediction for 2M CONSTRUCT. 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.
Liquidity is insufficient, with a current ratio of 0.97 (0.9 in 2023), below 1. Short-term debt is 68.9% and cash 0.9% of total assets. 68.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 17 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| 2M CONSTRUCT Antwerp | €25,882 | €3,743 | 31.1% | - |
| TAXON Kortenberg | €23,866 | €3,711 | 83.7% | - |
| G&D BUILDING SOLUTIONS Lummen | €26,128 | €3,605 | 46.5% | - |
| NECOS Drogenbos | €29,474 | €4,243 | 93.8% | - |
| VENÂNCIO CONSTRUCT Uccle | €20,504 | €3,817 | -57.7% | - |
| SAS RENOVATORS Antwerp | €23,895 | €2,811 | -85.5% | - |
| PCA PROJECT Bonheiden | €27,158 | €2,844 | 74.3% | - |
These companies have the same main activity as 2M CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €20,500 and €29,500, founded between 2020 and 2022.
2M CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€533 in 2021 to €3,743 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 11 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €45,000. Estimated: probably between €23,000 and €81,000.
Higher than 38% of 9,833 companies in 2024.
Higher than 21% of 9,553 companies in 2024.
Higher than 39% of 9,646 companies in 2024.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
25,882 | 32,118 | 23,047 | 42,202 | |
21/28 |
8,545 | 9,846 | 2,518 | - | |
22/27 |
8,545 | 9,846 | 2,518 | - | |
23 |
342 | 482 | 622 | - | |
24 |
8,203 | 9,363 | 1,896 | - | |
29/58 |
17,337 | 22,272 | 20,529 | 42,202 | |
40/41 |
17,035 | 20,177 | 19,669 | 35,532 | |
40 |
11,655 | 13,784 | 17,652 | 34,866 | |
41 |
5,380 | 6,394 | 2,017 | 665 | |
54/58 |
224 | 1,064 | 18 | 3,690 | |
490/1 |
78 | 1,031 | 843 | 2,980 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
25,882 | 32,118 | 23,047 | 42,202 | |
10/15 |
8,041 | 7,278 | 5,307 | 2,718 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
13 |
4,041 | 3,278 | - | - | |
133 |
4,041 | 3,278 | - | - | |
14 |
- | 0 | 1,307 | -1,282 | |
17/49 |
17,841 | 24,840 | 17,740 | 39,484 | |
42/48 |
17,841 | 24,840 | 17,740 | 25,279 | |
44 |
15,391 | 24,416 | 15,473 | 24,420 | |
440/4 |
15,391 | 24,416 | 15,473 | 24,420 | |
45 |
236 | 424 | 404 | - | |
450/3 |
236 | 424 | 404 | - | |
47/48 |
2,214 | 0 | 1,863 | 859 | |
492/3 |
- | - | 0 | 14,205 | |
| Income statement | |||||
9900 |
3,743 | 4,560 | 3,613 | -533 | |
630 |
2,548 | 1,626 | 135 | - | |
640/8 |
302 | 590 | 488 | 698 | |
9901 |
892 | 2,343 | 2,990 | -1,231 | |
75/76B |
301 | 130 | 5 | 3 | |
75 |
301 | 130 | 5 | 3 | |
65/66B |
195 | 144 | 2 | 54 | |
65 |
195 | 144 | 2 | 54 | |
9903 |
999 | 2,329 | 2,994 | -1,282 | |
67/77 |
236 | 358 | 404 | - | |
9904 |
763 | 1,971 | 2,589 | -1,282 | |
9905 |
763 | 1,971 | 2,589 | -1,282 | |
| Appropriation of the result | |||||
9906 |
763 | 3,278 | 1,307 | -1,282 | |
14P |
0 | 1,307 | -1,282 | - | |
691/2 |
763 | 3,278 | - | - | |
6921 |
763 | 3,278 | - | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 25-07-2025.
| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 3,440 | 3,969 | 3,125 | - | ||
| 3,311 | 3,597 | 2,724 | - | ||
| 1,247 | 8,954 | 2,653 | - | ||
| -840 | 1,046 | -3,672 | - | ||
| -504 | -2,568 | 2,789 | 16,923 | ||
| 31.1% | 22.7% | 23.0% | 6.4% | ||
| 0.97 | 0.90 | 1.16 | 1.67 | ||
| 2.22 | 3.41 | 3.34 | 14.53 | ||
| 9.5% | 27.1% | 48.8% | -47.2% | ||
| 2.9% | 6.1% | 11.2% | -3.0% | ||
| 17.62 | 27.54 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €1,247 | €8,954 | €2,653 | - |
| €2,548 | €1,626 | €135 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 62% lower than in 2023 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 77.3% to 68.9%. Equity is higher and debt is lower.
2M CONSTRUCT has no parent and no holdings in its annual accounts. Cocquyt Michel is the only director. 2M CONSTRUCT shares no director with another company.
| TEXEN ENERGY
registered office since 01-12-2020 · founded in 2020 · negative equity (2024) · accounts filed late |
total assets €2,530 (2024) 0758.919.387 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Tweemontstraat 65 registered office 2100 Antwerp | 18-04-2021 | 2.316.759.579 |
| 08-11-2023 | Discontinued | Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 19-10-2023 · project 2023103004 | Antwerpen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11012A0134/00V006 | 371 m² | 1 · 359 m² | 8.2 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0766.840.824
If something looks wrong or is missing, please tell us.