Turnover
≈ €180,000 estimated
The micro format states no turnover.
M.D.W. Construct
Overview
Lifetime
1 annual account with figurespeak €21,654 (2025)
€21,654
peak €14,262 (2025)
€14,262
peak €15,262 (2025)
€15,262
€42,857
Board1 name since 2025
1 director
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Incorporation 02-071 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€42,857 74% of the balance sheet
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,388 companies had the same profile as M.D.W. Construct has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,388 companies, not a prediction for M.D.W. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024863891
Incorporation
Founder: · Appointment: (director) · 100 shares · published on 02-07-2025 · Gazette deed
First establishment
Steenweg Asse 67, Pajottegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M.D.W. Construct Pajottegem | €58,119 | €21,654 | 26.3% | - |
| Blix Eco Solutions Genk | €57,365 | €20,971 | 43.5% | - |
| BEGO TECHNICS Puurs-Sint-Amands | €54,608 | €26,390 | 45.9% | - |
| WLE Brasschaat | €57,024 | €19,745 | 28.5% | - |
| SMART TECH SOLUTION Brussels | €51,568 | €24,169 | 52.0% | - |
| SG HOME Seraing | €61,998 | €18,311 | 22.3% | - |
| MYTECH Pelt | €60,939 | €27,625 | 51.1% | - |
These companies have the same main activity as M.D.W. Construct: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €51,600 and €62,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 30-06-2025Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.375.218.5111540 Pajottegem, since 30-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 03-07-2025
Annual accounts 2025
- €21,654
- €14,262
- €15,262
- €58,119
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on M.D.W. Construct
M.D.W. Construct has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,262 and a net result of €14,262.
Its solvency ranks better than 28% of 37,177 sector peers (NACE 43, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-07-2026, 3 days before the deadline€21,654
€17,800
€14,262
-€10,104
26.3%
0.76
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 ≈ €180,000. Estimated: probably between €120,000 and €380,000.
Balance sheet
balance sheet total €58,119 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
26.3%
Higher than 28% of 37,177 companies in 2025.
0.76
Higher than 13% of 36,472 companies in 2025.
24.5%
Higher than 82% of 36,707 companies in 2025.
M.D.W. Construct
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
58,119 | |
21/28 |
25,366 | |
22/27 |
25,366 | |
23 |
5,050 | |
24 |
20,316 | |
29/58 |
32,753 | |
3 |
704 | |
30/36 |
704 | |
40/41 |
12,552 | |
40 |
11,628 | |
41 |
924 | |
54/58 |
19,497 | |
| Balance sheet: equity and liabilities | ||
10/49 |
58,119 | |
10/15 |
15,262 | |
10/11 |
1,000 | |
13 |
14,262 | |
133 |
14,262 | |
17/49 |
42,857 | |
42/48 |
42,857 | |
45 |
3,499 | |
450/3 |
3,499 | |
47/48 |
39,358 | |
| Income statement | ||
9900 |
21,654 | |
630 |
3,664 | |
640/8 |
189 | |
9901 |
17,800 | |
65/66B |
39 | |
65 |
39 | |
9903 |
17,761 | |
67/77 |
3,499 | |
9904 |
14,262 | |
9905 |
14,262 | |
| Appropriation of the result | ||
9906 |
14,262 | |
691/2 |
14,262 | |
6921 |
14,262 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00342128 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 21,464 | ||
| 17,926 | ||
| 29,030 | ||
| -10,104 | ||
| 26.3% | ||
| 0.76 | ||
| 0.75 | ||
| 2.81 | ||
| 93.4% | ||
| 24.5% | ||
| 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.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €29,030 |
| €3,664 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on M.D.W. Construct
Debt's share of the balance-sheet total is 73.7%.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 02-07-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 28-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 02-07-2025
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, appointed by deed of 02-07-2025, still in office
Control
Founder
This company
M.D.W. Construct
Equity €15,262
Profit €14,262 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €153 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 02-07-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Aandelen waarvan de overdracht wordt voorgesteld, drie vierden van de aandelen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 14:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 02-07-2025 ↗
- sole founder · 100% at incorporation
Network & group
No group
M.D.W. Construct has no parent and no holdings in its annual accounts. is the only director. M.D.W. Construct shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1024863891
IncorporationFounder: · Appointment: (director) · 100 shares · published on 02-07-20255 points ▸
- Founder,
- 100 shares
- Registered office clause, Steenweg Asse 67, 1540 Pajottegem (Herne)
- Board rule, 1
- Director appointment,
- The deed holds 1 more point.
First establishment Steenweg Asse 67, Pajottegem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1024.863.891
- VAT number
- BE 1024.863.891
- Peppol ID
- 0208:1024863891
- Other Peppol ID
- 9925:BE1024863891
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-06-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 14:00deed of 02-07-2025 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”deed of 02-07-2025 (in Dutch)
- Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
- “Ongeacht het aantal effecten dat op de algemene vergadering vertegenwoordigd is, meerderheid van stemmen”deed of 02-07-2025 (in Dutch)
- Written decisionsA decision can be taken without a meeting when everyone involved agrees in writing.
- “Schriftelijk, alle besluiten die tot de bevoegdheid van de algemene vergadering behoren”deed of 02-07-2025 (in Dutch)
- Peppol
- Reachable since 03-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- M.D.W. Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-07-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 02-07-2025 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
43320
Joinery installation
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Werkzaamheden in verband met zwembaden, zoals het plaatsen en bouwen van zwembaden, het verkopen van zwembaden en zwembadtoebehoren, het…”deed of 02-07-2025 (in Dutch)
33 activities
- Werkzaamheden in verband met zwembaden, zoals het plaatsen en bouwen van zwembaden, het verkopen van zwembaden en zwembadtoebehoren, het onderhouden van zwembaden.
- Tuinarchitectuur, tuinaanleg en onderhoud van tuinen en parken en het groengedeelte van sportvelden.
- Snoeien van bomen, heggen en wijnstronken.
- Voorbereidende behandelingen van gewassen.
- Handelsbemiddeling, groothandel en kleinhandel in bouwmaterialen, bloemen, planten, zaden, kunstmeststoffen, sproeistoffen, machines, meubels, decoratie, apparaten en toebehoren.
- Grondverzet, graven, ophogen, egaliseren en nivelleren van bouwterreinen.
- Graven van sleuven en geulen, verwijderen van rotsen, grondverzet met behulp van explosieven.
- Drainage van land en bosbouwgrond.
- De aanleg en verharding van opritten, tuinpaden, terrassen, keermuren.
- Het leggen van kabels en nutsvoorzieningen.
- Het bouwen, herstellen en onderhouden van mechanische installaties en machines.
- Het uitvoeren van boringen.
- Afbraakwerken.
- Chapewerken.
- Betonwerken.
- Het plaatsen van vloeren.
- Het plaatsen van gipsplaten.
- Het aanbrengen van pleister en stukadoorswerken aan de binnen- en buitenzijde van gebouwen en andere bouwwerken.
- Het bouwen van funderingen (inclusief heien).
- Bouwen van individuele huizen (ruwbouw en onderdak zetten), kantoorgebouwen en residentiële gebouwen.
- Uitvoeren van metselwerken.
- Uitvoeren van voegwerken.
- Het monteren van niet zelf vervaardigde metalen en niet metalen constructiewerken.
- Het restaureren van gebouwen en monumenten
- Projectontwikkeling voor woning en kantoorbouw.
- Algemene coördinatie van de werkzaamheden op de bouwwerf.
- Schrijnwerk.
- Centrale verwarming.
- Elektriciteit.
- Sanitair.
- Dakwerken.
- Opzetten van teelt, kweken van planten.
- Administratie.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steenweg Asse 67 registered office 1540 Pajottegem | 30-06-2025 | 2.375.218.511 |
Buildings and parcels at the address
- Ground area
- 626 m²
- Buildings
- 129 m²
- Volume, LiDAR
- 652 m³
- Tallest building
- 7.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23032D0254/00D000 | 626 m² | 1 · 129 m² | 7.5 m · 2 |
Invoicing 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. Use the enterprise number 1024.863.891