M.J.W. Construct
ActiveThe computed 12-month bankruptcy probability of M.J.W. Construct is 2.2% (moderate). The 2025 annual accounts show equity of €5k and a net result of €446. Equity is shrinking by ~28.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 45% of 7431 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+47
Solvency64▲+11
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
17 d late
2022
44 d late
2021
2 d early
2020
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▲ 9.2%
2024 · €5k
2020: €25k
2021: €33k
2022: €41k
2023: €11k
2024: €5k
2020 → 2025
Total assets
€14k▼ 20.8%
2024 · €17k
2020: €36k
2021: €48k
2022: €64k
2023: €33k
2024: €17k
2020 → 2025
Net result
€446
2024 · €-6k
2020: €5k
2021: €8k
2022: €8k
2023: €-30k
2024: €-6k
2020 → 2025
Working capital
€2k▼ 77.9%
2024 · €8k
2020: €22k
2021: €29k
2022: €38k
2023: €7k
2024: €8k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€41k▲ 24.7%€11k▼ 74.1%€5k▼ 54.1%€5k▲ 9.2%
Operating result€12k-€12k▲ 5.8%€-30k€-5k▲ 81.6%€3k
Net result€8k-€8k▲ 4.1%€-30k€-6k▲ 81.0%€446
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€4k▲ 93.7%
Current assets
€10k▼ 34.7%
Equity and liabilities €14k
Equity
€5k▲ 9.2%
Provisions
€0▼ 100%
Debt
€8k▲ 9.1%
The debt ratio rises from 44.4% to 61.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-4k
Cash flow
€3k▲
2024 · €-4k
Solvency
38.8%▲
2024 · 28.1%
Current ratio
1.21▼
2024 · 2.01
Quick ratio
1.21▼
2024 · 2.01
Debt / equity
1.58▼
2024 · 1.58
ROE
8.4%▲
2024 · -118.1%
ROA
3.3%▲
2024 · -33.2%
Interest coverage
2.85▲
2024 · -15.19
Debt
€8k▲
2024 · €8k
Debt ≤ 1 year
€8k▲
2024 · €8k
Income taxes
€697▲
2024 · €49
Staff costs
€13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17k€14k▼
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€503▼
Furniture and vehicles24€264€3k▲
Current assets29/58€15k€10k▼
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€2k-
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€17k€14k▼
Equity10/15€5k€5k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-15k€-15k▲
Provisions and deferred taxes16€5k-
Provisions for liabilities and charges160/5€5k-
Other liabilities and charges164/5€5k-
Amounts payable17/49€8k€8k▲
Amounts payable within one year42/48€8k€8k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k-
Remuneration and social security454/9-€1k
Accrued charges and deferred income492/3-€17
Income statement
Code20242025
Remuneration, social security and pensions62-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€5k€-5k▼
Other operating charges640/8€536€548▲
Gross operating margin9900€4k€15k▲
Operating profit (loss)9901€-5k€3k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€247€2k▲
Recurring financial charges65€247€2k▲
Profit (loss) for the period before taxes9903€-6k€1k▲
Income taxes67/77€49€697▲
Profit (loss) for the period9904€-6k€446▲
Profit (loss) for the period to be appropriated9905€-6k€446▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-15k▲
Profit (loss) brought forward from the previous period14P€-9k€-15k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €446
Net result €446 after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
31-12
Financial
Weakest financial yearnet €-30k ▼474%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Highest result since 2020net €8k ▲4.1%
Operating result €12k, net result €8k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fontaine-l'Evêque · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Tout Vent(F-E) 706140 Fontaine-l'EvêqueGround area
2,683 m²
Building footprint
746 m²
Volume, LiDAR
2,234 m³
Parcel 52022A0022/00S002, Wallonia · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M.J.W. Construct
since 20202.304.425.436
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52022A0022/00S002 | Wallonia | 2,683 m² | 1 · 746 m² | 4.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 6,685 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
43310Plastering work
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:mjw-construct.be
E-mail:info@mjw-construct.be