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M&LS CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearVlaanderenstraat 105, 1800 Vilvoorde, Belgium40 active companies are registered at this addressKBO/BCE: BE 1018.414.678
Summary

The computed 12-month bankruptcy probability of M&LS CONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €9,321 and a net result of €6,321. Its solvency ranks better than 50% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Plastering work
NACE 43310
1 site
Size
€19,926total assets 2025
Equity
€9,321
Profit
€6,321
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
2025 accounts filed 24 days late
Why 54raises riskFounded in 2025Size: total assets €19,926Sector: Specialised construction activities (NACE 43)Last filed accounts filed 24 days lateShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 72
equity 46.8% of total assets
Liquidity 29
short-term debt 53.2% · cash 5.1%
Profitability 100
return on assets 31.7%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 02-2026: 1.9%lowest value 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.4%▲ +0.4 percentage points vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 2.7%▲ +0.3 percentage points vs 06-2026 08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 2.1%▼ -0.9 percentage points vs 08-2026 10-2026: 2.0%▼ -0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, above the usual 1.5; short-term debt: 53.2% and cash: 5.1% of total assets), but 53.2% of the assets are financed with debt and provisions.
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 43, micro): better than 51% on solvency, 18% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
raises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €19,926
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Last filed accounts filed 24 days late
NBB · filings
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 1 filing
Deviation from the deadline
2025
24 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: DAHHOUCH Leila (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00429383.

Equity
€9,321
Total assets
€19,926
Net result
€6,321
Working capital
€6,155

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €19,926
Fixed assets €3,167
Current assets €16,759
Equity and liabilities €19,926
Equity €9,321
Debt €10,605
Debt finances 53.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€8,060
Cash flow
€6,635
Current ratio
1.58
Debt to equity
1.14
ROE
67.8%
ROA
31.7%
Interest coverage
over 100
Debt ≤ 1 year
€10,605
Income taxes
€1,586

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 11,279 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€19,926
Fixed assets21/28€3,167
Tangible fixed assets22/27€2,987
Furniture and vehicles24€2,987
Financial fixed assets28€180
Current assets29/58€16,759
Amounts receivable within one year40/41€15,734
Trade receivables40€5,980
Other amounts receivable41€9,754
Cash at bank and in hand54/58€1,025
Equity and liabilities
Total equity and liabilities10/49€19,926
Equity10/15€9,321
Contributions10/11€3,000
Profit (loss) carried forward14€6,321
Amounts payable17/49€10,605
Amounts payable within one year42/48€10,605
Trade debts44€2,188
Suppliers440/4€2,188
Advances received on contracts in progress46€6,830
Taxes, remuneration and social security45€1,586
Taxes450/3€1,586
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€313
Gross operating margin9900€8,060
Operating profit (loss)9901€7,746
Financial income75/76B€233
Recurring financial income75€233
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€7,908
Income taxes67/77€1,586
Profit (loss) for the period9904€6,321
Profit (loss) for the period to be appropriated9905€6,321
Appropriation of the result
Profit (loss) to be appropriated9906€6,321

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€313
Gross operating margin9900€8,060
Operating profit (loss)9901€7,746
Financial income75/76B€233
Recurring financial income75€233
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€7,908
Income taxes67/77€1,586
Profit (loss) for the period9904€6,321
Profit (loss) for the period to be appropriated9905€6,321
Line2025
Assets
Total assets20/58€19,926
Fixed assets21/28€3,167
Tangible fixed assets22/27€2,987
Furniture and vehicles24€2,987
Financial fixed assets28€180
Current assets29/58€16,759
Amounts receivable within one year40/41€15,734
Trade receivables40€5,980
Other amounts receivable41€9,754
Cash at bank and in hand54/58€1,025
Equity and liabilities
Total equity and liabilities10/49€19,926
Equity10/15€9,321
Contributions10/11€3,000
Profit (loss) carried forward14€6,321
Amounts payable17/49€10,605
Amounts payable within one year42/48€10,605
Trade debts44€2,188
Suppliers440/4€2,188
Advances received on contracts in progress46€6,830
Taxes, remuneration and social security45€1,586
Taxes450/3€1,586
Line2025
Profit (loss) for the period9904€6,321
+ Depreciation and write-downs630€313
Operating cash flow (approximation)€6,635

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 24-08-2026 2026-00429383

Similar companies · same sector, comparable size

Of the 3,977 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,756. 1,042 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2025
DAHHOUCH Leila
Director · since 10-01-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DAHHOUCH Leila
  • Director, from 10-01-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 10-01-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 10-01-2025 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 8 January 2025, M&LS CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 DAHHOUCH Leila has served as director of the company since 2025.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-01-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
24-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 24 days late
2025
10-01
Gazette deed Incorporation
Appointment: DAHHOUCH Leila (director) · Founder · Founding capital8 facts ▸
  • Incorporation, “M&LS CONSTRUCT” (deed in Dutch)
  • Founder, DAHHOUCH Leila
  • Founding capital, €3,000
  • Registered office clause, “1800 Vilvoorde,Vlaanderenstraat 105” (deed in Dutch)
  • Other provision, “in opmaakt, website e-mail communicatie” (deed in Dutch)
  • Board rule, 1
  • Director appointment, DAHHOUCH Leila (director)
  • Pre-incorporation commitments, “takeover, verbintenissen, verplichtingen en activiteiten sinds 2025-01-01 in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded08-01-2025
Financial year end31-12
Activities, NACEBEL 2025
43310Plastering work
41001General construction of residential buildings
43120Site preparation
43211General electrical installation work
43221Plumbing work
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018414678
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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 1018.414.678

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2025
exact location from the address register On OpenStreetMap
Ground area
747 m²
Building footprint
143 m²
Building volume
1,733 m³
Parcel 23642D0189/00C000, Flanders · tallest building 16.3 m. Linked by address, not a title deed.
40 companies at this address See who is registered here
1 establishment unit
M&LS CONSTRUCT
Rue F. Roosevelt(TRI) 74, 7100 La LouvièrePlastering work
since 2025unit no. 2.368.547.582
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23642D0189/00C000 Flanders 747 m² 1 · 143 m² 16.3 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Algemene bouwwerken; Renovatiewerken; Stadsplanning,bouwontwerp,ontwerp- en bouwwerkzaamheden…” (deed in Dutch)
14 activities (deed in Dutch)
  1. Algemene bouwwerken.
  2. Renovatiewerken
  3. Stadsplanning,bouwontwerp,ontwerp- en bouwwerkzaamheden;
  4. Schilderen,metselwerk,elektriciteit,dakbedekking,slotenmakerij,timmerwerk,pleisterwerk,cementeren,loodgieterij.
  5. Vastgoedontwikkeling,vastgoedtransacties,projectfinanciering.
  6. Alle structurele werkzaamheden,binnen- en buitenafwerking,afdekken,cementeren en dekvloerinstallatie,beglazing,algemeen timmerwerk,mozaïek leggen,tegels en marmerwerk,sanitaire installatie en sanitair,verwarming en airconditioning,isolatie,stukadoors,bouw,renovatie of onderhoud van daken en meer in het algemeen de algemene aannemer in de bouw;
  7. Alle bouw- en algemene renovatiewerkzaamheden aan residentiële en niet-residentiële gebouwen;
  8. Alle thermische,akoestische en anti-vibrerende isolatiewerkzaamheden (koelcellen,koelcellen,gebouwen,enz.);
  9. Alle activiteiten van verschillende activiteiten zoals: afwerken,schuren,opnieuw plaatsen,reinigen en ontschuimen van daken,installatie van gyproc-platen,enz.;
  10. Alle plaatsingswerkzaamheden en installatie van elektrische panelen voor terugwinning van zonnewarmte,verkoop,installatie en productie van fotovoltaïsche panelen,installatie en productie van waterdichte afdekkingen,vloerbedekking;
  11. Alle werkzaamheden op het gebied van sanitair,sanitair,verwarming en koeling;
  12. De installatie van scheidingswanden en valse plafonds,de installatie van deuren en zonwering;
  13. De installatie van privépools;
  14. Algemene bouw van niet-residentiële gebouwen,herbestemming,cementeren,assemblage van loodsen,schuren en silo's,bouw van alle andere werken;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
M&LS CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 10-01-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Een of meer bestuurders, onbepaalde duur” (deed in Dutch)
1 more provision on this in the deed

deed of 10-01-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Elke overdracht onder levenden ten bezwarende of kosteloze titel vrijwillig of gedwongen inclusief uitsluiting en uittreding in…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Orgaan dat overgaat tot uitgifte, 15” (deed in Dutch)

deed of 10-01-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITRE V. ALGEMENE VERGADERING Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)

deed of 10-01-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 10-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aandelen moeten bij hun uitgifte worden volgestort, Stortingsplicht” (deed in Dutch)
Other provision: “Uitwerking overdrachten en overgangen en certificaten, inschrijving in register der aandeelhouders” (deed in Dutch)
Other provision: “Controle van de vennootschap, een of meerdere commissarissen” (deed in Dutch)
Other provision: “Bestuurder,иначе aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, algemene vergadering zittingen processen-verbaal” (deed in Dutch)
Other provision: “Bestuursorgaan, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Netto actief en goederen in natura naar verhouding aantal aandelen, aanzuivering schulden, lasten, kosten of consignatie nodige sommen” (deed in Dutch)
Other provision: “Woonstkeuze, in buitenland wonende aandeelhouder, bestuurder, commissaris, vereffenaar, obligatiehouder” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, gerechtelijke bevoegdheid” (deed in Dutch)
9 more provisions in the deed, see the deed of 10-01-2025

deed of 10-01-2025