M.N.M. Construct
ActiveM.N.M. Construct has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €43k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▲+13
Growth85=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 1.4 in 2024), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.2%
Return on assets
14.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
42 d early
2023
12 d late
2022
31 d late
2021
67 d late
2020
54 d late
2019
68 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€538k▼ 40.2%
2019 · €899k
2018: €325k
2019: €899k
2018 → 2020
EBIT margin
-18.2%▼ 34.7pp
2019 · 16.5%
2018: 6.9%
2019: 16.5%
2018 → 2020
Net result
€43k▼ 23.0%
2024 · €56k
2018: €18k
2019: €121k
2020: €-97k
2021: €2k
2022: €4k
2023: €2k
2024: €56k
2018 → 2025
Working capital
€135k▲ 273%
2024 · €36k
2018: €13k
2019: €111k
2020: €28k
2021: €7k
2022: €13k
2023: €-32k
2024: €36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€67k▲ 6.6%€69k▲ 2.7%€125k▲ 81.7%€168k▲ 34.6%
Operating result€6k-€6k▲ 2.6%€3k▼ 48.6%€56k▲ 1,577%€46k▼ 17.8%
Net result€2k-€4k▲ 170%€2k▼ 56.7%€56k▲ 3,042%€43k▼ 23.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€105k▲ 4.3%
Current assets
€199k▲ 57.4%
Equity and liabilities €304k
Equity
€168k▲ 34.6%
Debt
€136k▲ 33.1%
The debt ratio falls from 45.0% to 44.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€94k▼
2024 · €103k
Cash flow
€92k▼
2024 · €103k
Solvency
55.2%▲
2024 · 55.0%
Current ratio
3.11▲
2024 · 1.40
Quick ratio
3.11▲
2024 · 1.40
Debt / equity
0.81▼
2024 · 0.82
ROE
25.7%▼
2024 · 45.0%
ROA
14.2%▼
2024 · 24.7%
Interest coverage
133.30▼
2024 · 184.73
Debt
€136k▲
2024 · €102k
Debt ≤ 1 year
€64k▼
2024 · €90k
Income taxes
€6k▲
2024 · €-775
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€227k€304k▲
Fixed assets21/28€100k€105k▲
Tangible fixed assets22/27€100k€105k▲
Plant, machinery and equipment23€8k€18k▲
Furniture and vehicles24€92k€86k▼
Current assets29/58€127k€199k▲
Amounts receivable within one year40/41€38k€123k▲
Trade receivables40€20k€7k▼
Other amounts receivable41€18k€116k▲
Cash at bank and in hand54/58€85k€75k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€227k€304k▲
Equity10/15€125k€168k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€104k€147k▲
Amounts payable17/49€102k€136k▲
Amounts payable after more than one year17€12k-
Financial debts170/4€12k-
Amounts payable within one year42/48€90k€64k▼
Current portion of amounts payable after more than one year42€15k€12k▼
Trade debts44€35k€15k▼
Suppliers440/4€35k€15k▼
Advances received on contracts in progress46-€31k
Taxes, remuneration and social security45€775€6k▲
Taxes450/3€775€6k▲
Remuneration and social security454/9-€94
Other amounts payable47/48€39k-
Accrued charges and deferred income492/3€4€72k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€5k€2k▼
Gross operating margin9900€111k€99k▼
Operating profit (loss)9901€56k€46k▼
Financial income75/76B€209€4k▲
Recurring financial income75€209€4k▲
Financial charges65/66B€558€707▲
Recurring financial charges65€558€707▲
Profit (loss) for the period before taxes9903€55k€49k▼
Income taxes67/77€-775€6k▲
Profit (loss) for the period9904€56k€43k▼
Profit (loss) for the period to be appropriated9905€56k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€147k▲
Profit (loss) brought forward from the previous period14P€48k€104k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 3.11
Current ratio from 1.40 to 3.11; short-term debt falls from €90k to €64k.
31-12
Financial
Equity above €150kEq €168k ▲34.6%
5 profitable years in a row build equity to €168k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €125k ▲81.7%
4 profitable years in a row build equity to €125k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
31-12
Financial
Weakest financial yearnet €-97k ▼180%
Net result drops to €-97k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Highest result since 2018net €121k ▲567%
Operating result €148k, net result €121k, both a record.
31-12
Financial
Equity above €100kEq €145k ▲497%
2 profitable years in a row build equity to €145k.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2018
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.
De Bosschaertstraat 1872020 AntwerpenGround area
39 m²
Building footprint
39 m²
Volume, LiDAR
382 m³
Parcel 11809I2408/00R005, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.N.M. Construct
since 20182.275.714.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2408/00R005 | Flanders | 39 m² | 1 · 39 m² | 12.1 m · 3 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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NIJS HANS
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MENUISERIE MERTENS
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,086. 7,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2018
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43120Site preparation
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.