M.A. CONCEPT CONSTRUCT
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of M.A. CONCEPT CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €7,542 and a net result of €5,353. Equity is shrinking by about 36% per year across the filed financial years. Its solvency ranks better than 54% of 9,368 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 22-02-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Louizalaan 209/7, 1050 Brussel
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.328.037.711 1050 Elsene, since 24-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- €6,814
- Turnover
- ≈ €82,000
- estimated
- Profit
- €5,353
- Equity
- €7,542
- ▲ 245%
- Total assets
- €16,166
- ▲ 27.1%
Why 55raises riskFounded in 2022Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €16,166lowers riskFigures for financial year 2025 (filed 13-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro): better than 55% on solvency, 30% on liquidity, 91% on profitability and 95% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 4 accounts on average 8 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 13-07-2026
- Format
- micro format
- Reference
- 2026-00290979
2022 to 2025, 4 financial years
The operating result returns to profit in 2025: €5,547 after a loss of €14,710 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,039 | €5,372 | €6,162 | €826 | ▼ 86.6% |
| Other operating charges640/8 | €128 | €1,112 | €630 | €440 | ▼ 30.1% |
| Gross operating margin9900 | €27,172 | €3,676 | -€7,918 | €6,814 | - |
| Operating profit (loss)9901 | €17,005 | -€2,808 | -€14,710 | €5,547 | - |
| Financial charges65/66B | €36 | €3,334 | €142 | €194 | ▲ 36.8% |
| Recurring financial charges65 | €36 | €3,334 | €142 | €194 | ▲ 36.8% |
| Profit (loss) for the period before taxes9903 | €16,969 | -€6,142 | -€14,851 | €5,353 | - |
| Income taxes67/77 | - | €3,787 | - | - | - |
| Profit (loss) for the period9904 | €16,969 | -€9,929 | -€14,851 | €5,353 | - |
| Profit (loss) for the period to be appropriated9905 | €16,969 | -€9,929 | -€14,851 | €5,353 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €48,404 | €34,123 | €12,721 | €16,166 | ▲ 27.1% |
| Fixed assets21/28 | €18,175 | €5,470 | €1,787 | €960 | ▼ 46.3% |
| Tangible fixed assets22/27 | €18,077 | €5,372 | €1,689 | €862 | ▼ 48.9% |
| Plant, machinery and equipment23 | €2,877 | €1,439 | €36 | €36 | = |
| Furniture and vehicles24 | €15,200 | €3,933 | €1,653 | €826 | ▼ 50.0% |
| Financial fixed assets28 | €98 | €98 | €98 | €98 | = |
| Current assets29/58 | €30,229 | €28,653 | €10,934 | €15,206 | ▲ 39.1% |
| Amounts receivable within one year40/41 | €7,509 | €25,263 | €4,103 | €13,691 | ▲ 234% |
| Trade receivables40 | - | €17,847 | €1,082 | €6,230 | ▲ 476% |
| Other amounts receivable41 | €7,509 | €7,415 | €3,021 | €7,461 | ▲ 147% |
| Cash at bank and in hand54/58 | €22,720 | €3,051 | €6,831 | €1,515 | ▼ 77.8% |
| Deferred charges and accrued income490/1 | - | €340 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €48,404 | €34,123 | €12,721 | €16,166 | ▲ 27.1% |
| Equity10/15 | €26,969 | €17,041 | €2,189 | €7,542 | ▲ 245% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €16,969 | €7,041 | -€7,811 | -€2,458 | ▲ 68.5% |
| Amounts payable17/49 | €21,435 | €17,083 | €10,532 | €8,624 | ▼ 18.1% |
| Amounts payable within one year42/48 | €21,435 | €17,083 | €10,532 | €8,624 | ▼ 18.1% |
| Trade debts44 | €6,135 | €6,783 | €10,532 | €8,624 | ▼ 18.1% |
| Suppliers440/4 | €6,135 | €6,783 | €10,532 | €8,624 | ▼ 18.1% |
| Taxes, remuneration and social security45 | €15,300 | €10,300 | - | - | - |
| Remuneration and social security454/9 | €15,300 | €10,300 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,969 | -€9,929 | -€14,851 | €5,353 | - |
| + Depreciation and write-downs630 | €10,039 | €5,372 | €6,162 | €826 | ▼ 86.6% |
| Operating cash flow (approximation) | €27,008 | -€4,557 | -€8,689 | €6,179 | - |
| Investment in fixed assets (approximation) | - | €7,333 | -€2,479 | €0 | - |
| Change in cash | - | -€19,669 | €3,780 | -€5,316 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| EL AMRATI Mohammed |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
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, with enterprise number 0782.499.097
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 |