M.E.M Construct
ActiveSummary
The computed 12-month bankruptcy probability of M.E.M Construct is 2.1% (moderate). The 2024 annual accounts show equity of €59,461 and a net result of €14,695. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 36380 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 113 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,964 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 | 2019 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €51,511 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €376 | €376 | - | - |
| Other operating charges640/8 | - | - | €1,095 | €1,501 | - |
| Gross operating margin9900 | €10,032 | €3,554 | €11,572 | €17,158 | - |
| Operating profit (loss)9901 | €9,970 | €2,784 | €10,101 | €15,657 | - |
| Recurring financial income75 | - | €1,471 | - | - | - |
| Recurring financial charges65 | - | €143 | - | - | - |
| Profit (loss) for the period before taxes9903 | €9,970 | €4,112 | €10,101 | €15,657 | - |
| Income taxes67/77 | - | - | - | €962 | - |
| Profit (loss) for the period9904 | €9,970 | €4,112 | €10,101 | €14,695 | - |
| Profit (loss) for the period to be appropriated9905 | €9,970 | €4,112 | €10,101 | €14,695 | - |
| Line | 2019 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €22,901 | €29,976 | €37,368 | €60,275 | - |
| Fixed assets21/28 | - | €752 | €376 | - | - |
| Tangible fixed assets22/27 | - | €752 | €376 | - | - |
| Plant, machinery and equipment23 | - | - | €376 | - | - |
| Current assets29/58 | €22,901 | €29,224 | €36,992 | €60,275 | - |
| Amounts receivable within one year40/41 | €20,141 | €21,881 | €19,384 | €40,082 | - |
| Trade receivables40 | - | - | €2,503 | €39,764 | - |
| Other amounts receivable41 | - | - | €16,881 | €318 | - |
| Cash at bank and in hand54/58 | €2,760 | €7,343 | €4,500 | €20,193 | - |
| Deferred charges and accrued income490/1 | - | - | €13,109 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €22,901 | €29,976 | €37,368 | €60,275 | - |
| Equity10/15 | €22,370 | €26,482 | €36,583 | €59,461 | - |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | - |
| Capital10 | - | - | €12,400 | €12,400 | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - |
| Uncalled capital101 | - | - | €6,200 | €6,200 | - |
| Profit (loss) carried forward14 | €9,970 | €14,082 | €24,183 | €47,061 | - |
| Amounts payable17/49 | €531 | €3,494 | €785 | €814 | - |
| Amounts payable within one year42/48 | €531 | €3,494 | €785 | €814 | - |
| Trade debts44 | €531 | €3,494 | €785 | €814 | - |
| Suppliers440/4 | - | - | €785 | €814 | - |
| Line | 2019 | 2020 | 2021 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,970 | €4,112 | €10,101 | €14,695 | - |
| + Depreciation and write-downs630 | - | €376 | €376 | - | - |
| Operating cash flow (approximation) | €9,970 | €4,488 | €10,477 | €14,695 | - |
| Investment in fixed assets (approximation) | - | - | €0 | - | - |
| Change in cash | - | €4,583 | -€2,843 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C1090/00Z000 | Flanders | 366 m² | 1 · 97 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.