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M.G. CONSTRUCT INVEST

Active
Private limited companyfounded 2011active for 15 yearsRue de Fooz 4, 4340 Awans, BelgiumKBO/BCE: BE 0838.198.774
Summary

The computed 12-month bankruptcy probability of M.G. CONSTRUCT INVEST is 3.6% (moderate). The 2024 annual accounts show negative equity (-€26,676) and a net result of €10,565. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 10% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€0turnover 2024
Staff
2.9 FTE
Equity
-€26,676
Profit
€10,565
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Structure
2025 accounts not filed, 88 days past the deadline1 of 3 deeds summarised
Why 49raises riskFigures for financial year 2024 (filed 06-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2011Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 17+3
equity -8.1% of total assets
Liquidity 20-2
short-term debt 70.5% · cash 6.2%
Profitability 73-7
return on assets 3.2%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.1%▲ +0.3 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%▲ +0.2 percentage points vs 08-2025 10-2025: 2.1%▲ +0.4 percentage points vs 09-2025 11-2025: 2.3%▲ +0.2 percentage points vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.2%● unchanged vs 06-2026 08-2026: 2.8%▲ +0.6 percentage points vs 07-2026 09-2026: 3.3%▲ +0.5 percentage points vs 08-2026 10-2026: 3.6%▲ +0.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.36, compared with 0.35 in 2023, below 1; short-term debt: 70.5% and cash: 6.2% of total assets), and equity is negative.
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 9% on solvency, 16% on liquidity, 47% on profitability and 70% on growth.

The bankruptcy probability was computed on 26-10-2026 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).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 06-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9837 sector peers (2024).
NBB · sector comparison
Position among 9837 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
30 days late
2022
14 days late
2021
24 days late
2020
30 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 30 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Resignations: Giovanni MICELI (manager) and Nathalie…Appointment: Giovanni MICELI (director) ·…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€26,676 View
  • Caution: Among the weakest 6% on equitysector median €45,383 · 9,848 companies -€26,676 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View

By topic

Financials

Financial year
2024
Turnover
€0
Profit
€10,565
Solvency
-8.1%
Go to Financials

Timeline

Events
17
Since
2013
  1. 31-12-2023Highest result from 2018 to 2024
  2. 14-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
29-07-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about M.G. CONSTRUCT INVEST

What is the company number of M.G. CONSTRUCT INVEST?
0838.198.774. In Belgium the VAT number is the company number with BE in front: BE 0838.198.774.
Where is M.G. CONSTRUCT INVEST based?
The registered office is at Rue de Fooz 4, 4340 Awans.Company details
What does M.G. CONSTRUCT INVEST do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of M.G. CONSTRUCT INVEST?
Private limited company (BV).
When was M.G. CONSTRUCT INVEST founded?
On 29-07-2011.
Is M.G. CONSTRUCT INVEST still active?
Yes, M.G. CONSTRUCT INVEST is an active enterprise in the KBO register.
How many employees does M.G. CONSTRUCT INVEST have?
On average 2.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of M.G. CONSTRUCT INVEST?
€0 in financial year 2024, according to the filed annual accounts.
Is M.G. CONSTRUCT INVEST profitable?
In financial year 2024, M.G. CONSTRUCT INVEST made a profit of €10,565.
Where can I find the annual accounts of M.G. CONSTRUCT INVEST?
M.G. CONSTRUCT INVEST filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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