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M.M.V. CONSTRUCT

Active
Private limited company (pre-2019)founded 2017active for 9 yearsLimbourglaan 34, 1070 Anderlecht, BelgiumKBO/BCE: BE 0671.530.802

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 28 February 2026 The financial year closed on 31 July 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Annual accounts 2024 filed on 12-03-2025 PDF all 6 filings

Turnover
€115,093▼ 28.5%
2023 · €160,941
EBIT margin
8.0%▲ 1.0pp
2023 · 6.9%
Net result
€6,701▼ 18.1%
2023 · €8,178
Working capital
€83,237▲ 8.8%
2023 · €76,537
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result for 2024 is 18% lower than in 2023 and the lowest since 2020. It is the third fall in a row.

Turnover€115,093 2024 Operating result€9,158 2024 Net result€6,701 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€82,005-€68,872▼ 16.0%€83,354▲ 21.0%€86,359▲ 3.6%€160,941▲ 86.4%€115,093▼ 28.5%
Operating result€22,444-€19,421▼ 13.5%€22,807▲ 17.4%€17,698▼ 22.4%€11,117▼ 37.2%€9,158▼ 17.6%
Net result€17,549-€15,184within the sector's middle half▼ 13.5%€11,836within the sector's middle half▼ 22.0%€12,864within the sector's middle half▲ 8.7%€8,178within the sector's middle half▼ 36.4%€6,701within the sector's middle half▼ 18.1%
EBIT margin27.4%-28.2%▲ 0.8pp27.4%▼ 0.8pp20.5%▼ 6.9pp6.9%▼ 13.6pp8.0%▲ 1.0pp
Equity€28,476-€43,659within the sector's middle half▲ 53.3%€55,495within the sector's middle half▲ 27.1%€68,359within the sector's middle half▲ 23.2%€76,537within the sector's middle half▲ 12.0%€83,237within the sector's middle half▲ 8.8%
Total assets€33,071-€52,165below the sector's middle half▲ 57.7%€62,690below the sector's middle half▲ 20.2%€82,359within the sector's middle half▲ 31.4%€113,039within the sector's middle half▲ 37.3%€92,474within the sector's middle half▼ 18.2%
Debt€4,595-€8,506▲ 85.1%€7,195▼ 15.4%€14,000▲ 94.6%€36,502▲ 161%€9,237▼ 74.7%
Working capital€28,476-€43,659within the sector's middle half▲ 53.3%€55,495within the sector's middle half▲ 27.1%€68,359within the sector's middle half▲ 23.2%€76,537within the sector's middle half▲ 12.0%€83,237within the sector's middle half▲ 8.8%
Solvency86.1%-83.7%above the sector's middle half▼ 2.4pp88.5%above the sector's middle half▲ 4.8pp83.0%above the sector's middle half▼ 5.5pp67.7%above the sector's middle half▼ 15.3pp90.0%above the sector's middle half▲ 22.3pp
Current ratio7.20-6.13above the sector's middle half▼ 1.068.71above the sector's middle half▲ 2.585.88above the sector's middle half▼ 2.833.10within the sector's middle half▼ 2.7910.01above the sector's middle half▲ 6.91
Return on assets (ROA)53.1%-29.1%above the sector's middle half▼ 24.0pp18.9%above the sector's middle half▼ 10.2pp15.6%within the sector's middle half▼ 3.3pp7.2%within the sector's middle half▼ 8.4pp7.2%within the sector's middle half=
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €92,474
Equity €83,237 ▲ 8.8%
Debt €9,237 ▼ 74.7%
Debt's share of the balance-sheet total falls from 32.3% to 10.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.11▼
2023 · 0.48
ROE
8.0%▼
2023 · 10.7%
Debt ≤ 1 year
€9,237▼
2023 · €36,502
Income taxes
€2,300▼
2023 · €2,761
Customer credit
29 days▼
2023 · 57 days
Supplier credit
16 days▼
2023 · 83 days
Staff costs
€179▲
2023 · €155
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as M.M.V. CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €83,500 and €96,500, founded between 2016 and 2018.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
M.M.V. CONSTRUCT Anderlecht2017€92,474€83,237€9,479€115,093€6,7012024
ARHIRE PRO CONSTRUCT Ganshoren2017€91,947€50,271€10,765€356,215€1,0272025
PAMAC Sint-Jans-Molenbeek2017€88,423€49,541€11,078€157,709€5,8262026
ASTRIT COMPANY Sint-Jans-Molenbeek2016€92,309€55,151€8,033€179,927€4322025
NIM 2 Sint-Jans-Molenbeek2018€96,483€86,032€8,392-€1,8792025
KOMPACTS Jette2017€86,313€6,508€12,317€302,278€9,2572025
KOSTA CONSTRUCT Sint-Pieters-Leeuw2017€83,549€69,586€9,934-€7,4132025

They were chosen from the 7,011 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines

Source: Annual accounts 2024 (PDF), filed on 12-03-2025.

Balance sheet Code20232024
Assets
Total assets20/58€113,039€92,474▼
Current assets29/58€113,039€92,474▼
Amounts receivable within one year40/41€110,302€91,174▼
Trade receivables40€25,094€9,016▼
Other amounts receivable41€85,207€82,158▼
Cash at bank and in hand54/58€2,737€1,300▼
Equity and liabilities
Total equity and liabilities10/49€113,039€92,474▼
Equity10/15€76,537€83,237▲
Contributions10/11€1€1=
Profit (loss) carried forward14€76,536€83,236▲
Amounts payable17/49€36,502€9,237▼
Amounts payable within one year42/48€36,502€9,237▼
Trade debts44€33,809€4,638▼
Suppliers440/4€14,773€3,061▼
Bills of exchange payable441€19,036€1,576▼
Taxes, remuneration and social security45€2,693€4,599▲
Taxes450/3€2,693€4,599▲
Income statement Code20232024
Turnover70€160,941€115,093▼
Goods, raw materials, services and sundry goods60/61€149,462€105,614▼
Remuneration, social security and pensions62€155€179▲
Other operating charges640/8€207€143▼
Gross operating margin9900€11,479€9,479▼
Operating profit (loss)9901€11,117€9,158▼
Financial charges65/66B€179€158▼
Recurring financial charges65€179€158▼
Profit (loss) for the period before taxes9903€10,939€9,000▼
Income taxes67/77€2,761€2,300▼
Profit (loss) for the period9904€8,178€6,701▼
Profit (loss) for the period to be appropriated9905€8,178€6,701▼
Appropriation of the result
Profit (loss) to be appropriated9906€76,536€83,236▲
Profit (loss) brought forward from the previous period14P€68,358€76,536▲

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line201920202021202220232024Change
Turnover70€82,005€68,872€83,354€86,359€160,941€115,093▼ 28.5%
Goods, raw materials, services and sundry goods60/61---€68,378€149,462€105,614▼ 29.3%
Remuneration, social security and pensions62---€112€155€179▲ 15.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€537------
Other operating charges640/8---€171€207€143▼ 31.0%
Gross operating margin9900€23,129€19,569€22,945€17,981€11,479€9,479▼ 17.4%
Operating profit (loss)9901€22,444€19,421€22,807€17,698€11,117€9,158▼ 17.6%
Financial charges65/66B---€428€179€158▼ 11.7%
Recurring financial charges65€300€267€6,899€428€179€158▼ 11.7%
Profit (loss) for the period before taxes9903€22,144€19,154€15,908€17,270€10,939€9,000▼ 17.7%
Income taxes67/77€4,595€3,970€4,072€4,406€2,761€2,300▼ 16.7%
Profit (loss) for the period9904€17,549€15,184€11,836€12,864€8,178€6,701▼ 18.1%
Profit (loss) for the period to be appropriated9905€17,549€15,184€11,836€12,864€8,178€6,701▼ 18.1%
Line201920202021202220232024Change
Assets
Total assets20/58€33,071€52,165€62,690€82,359€113,039€92,474▼ 18.2%
Current assets29/58€33,071€52,165€62,690€82,359€113,039€92,474▼ 18.2%
Amounts receivable within one year40/41€28,913€47,579€60,991€80,326€110,302€91,174▼ 17.3%
Trade receivables40---€11,017€25,094€9,016▼ 64.1%
Other amounts receivable41---€69,309€85,207€82,158▼ 3.6%
Cash at bank and in hand54/58€4,158€4,586€1,699€2,033€2,737€1,300▼ 52.5%
Equity and liabilities
Total equity and liabilities10/49€33,071€52,165€62,690€82,359€113,039€92,474▼ 18.2%
Equity10/15€28,476€43,659€55,495€68,359€76,537€83,237▲ 8.8%
Contributions10/11€1€1€1€1€1€1=
Profit (loss) carried forward14€28,475€43,658€55,494€68,358€76,536€83,236▲ 8.8%
Amounts payable17/49€4,595€8,506€7,195€14,000€36,502€9,237▼ 74.7%
Amounts payable within one year42/48€4,595€8,506€7,195€14,000€36,502€9,237▼ 74.7%
Trade debts44-€4,536€3,153€8,851€33,809€4,638▼ 86.3%
Suppliers440/4---€1,497€14,773€3,061▼ 79.3%
Bills of exchange payable441---€7,354€19,036€1,576▼ 91.7%
Taxes, remuneration and social security45---€5,148€2,693€4,599▲ 70.8%
Taxes450/3---€5,148€2,693€4,599▲ 70.8%
Line201920202021202220232024Change
Profit (loss) for the period9904€17,549€15,184€11,836€12,864€8,178€6,701▼ 18.1%
+ Depreciation and write-downs630€537------
Operating cash flow (approximation)€18,086€15,184€11,836€12,864€8,178€6,701▼ 18.1%
Change in cash-€429-€2,888€334€704-€1,437-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-07-2024 micro format 12-03-2025 2025-00048269 PDF
31-07-2023 micro format 08-03-2024 2024-00042943 PDF
31-07-2022 micro format 28-02-2023 2023-00035735 PDF
31-07-2021 micro format 28-02-2022 2022-06700323 PDF
31-07-2020 micro format 17-03-2021 2021-07800153 PDF
31-07-2019 micro format 31-01-2020 2020-03600381 PDF

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