M.P CONSTRUCT
ActiveSummary
M.P CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €-3k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-7
Solvency59▼-3
Growth64▼-16
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.29 in 2024; short-term debt: 66.1% and cash: 4.3% of total assets), and 66.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.9%
Return on assets
-2.8%
Age of the figures
9 mo
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
30 d late
2023
26 d late
2022
28 d late
2021
10 d late
2020
9 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€257k▲ 41.6%
2020 · €181k
2018: €165klowest in 4 years
2019: €266k▲ +60.6% vs 2018highest in 4 years
2020: €181k▼ -31.7% vs 2019
2021: €257k▲ +41.6% vs 2020
2018 → 2021
EBIT margin
1.8%▼ 8.3pp
2020 · 10.1%
2018: -3.1%lowest in 4 years
2019: 0.9%▲ +129% vs 2018
2020: 10.1%▲ +1035% vs 2019highest in 4 years
2021: 1.8%▼ -82.1% vs 2020
2018 → 2021
Net result
€-3k
2024 · €3k
2018: €-2k
2019: €2k▲ +224% vs 2018
2020: €14k▲ +494% vs 2019
2021: €-2k▼ -113% vs 2020
2022: €-6k▼ -241% vs 2021lowest in 8 years
2023: €16k▲ +356% vs 2022highest in 8 years
2024: €3k▼ -79.2% vs 2023
2025: €-3k▼ -200% vs 2024
2018 → 2025
Working capital
€38k▲ 69.3%
2024 · €23k
2018: €2klowest in 8 years
2019: €4k▲ +46.9% vs 2018
2020: €24k▲ +549% vs 2019
2021: €12k▼ -49.4% vs 2020
2022: €8k▼ -34.4% vs 2021
2023: €14k▲ +78.6% vs 2022
2024: €23k▲ +61.5% vs 2023
2025: €38k▲ +69.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€257k-
Equity€31k-€25k▼ 20.6%€41k▲ 66.4%€45k▲ 8.3%€41k▼ 7.6%
2021: €31k
2022: €25k▼ -20.6% vs 2021lowest in 5 years
2023: €41k▲ +66.4% vs 2022
2024: €45k▲ +8.3% vs 2023highest in 5 years
2025: €41k▼ -7.6% vs 2024
Operating result€5k-€-6k€20k€4k▼ 77.8%€18k▲ 320%
2021: €5k
2022: €-6k▼ -227% vs 2021lowest in 5 years
2023: €20k▲ +431% vs 2022highest in 5 years
2024: €4k▼ -77.8% vs 2023
2025: €18k▲ +320% vs 2024
Net result€-2k-€-6k▼ 241%€16k€3k▼ 79.2%€-3k
2021: €-2k
2022: €-6k▼ -241% vs 2021lowest in 5 years
2023: €16k▲ +356% vs 2022highest in 5 years
2024: €3k▼ -79.2% vs 2023
2025: €-3k▼ -200% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 320% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€3k ▼ 85.4%
Current assets
€119k ▲ 18.8%
Equity and liabilities €122k
Equity
€41k ▼ 7.6%
Debt
€81k ▲ 4.1%
Debt's share of the balance-sheet total rises from 63.4% to 66.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €14k
Cash flow
€-3k▼
2024 · €13k
Current ratio
1.47▲
2024 · 1.29
Quick ratio
1.20▲
2024 · 0.80
Debt to equity
1.95▲
2024 · 1.73
ROE
-8.3%▼
2024 · 7.7%
ROA
-2.8%▼
2024 · 2.8%
Interest coverage
11.47▼
2024 · 60.68
Debt ≤ 1 year
€81k▲
2024 · €77k
Income taxes
€5k▲
2024 · €1k
Staff costs
€241
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€122k€122k▼
Fixed assets21/28€22k€3k▼
Intangible fixed assets21€341€0▼
Tangible fixed assets22/27€21k€3k▼
Plant, machinery and equipment23€15k€0▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€745€745=
Current assets29/58€100k€119k▲
Stocks and contracts in progress3€38k€22k▼
Stocks30/36€38k-
Contracts in progress37-€22k
Amounts receivable within one year40/41€53k€91k▲
Trade receivables40€44k€88k▲
Other amounts receivable41€9k€4k▼
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€122k€122k▼
Equity10/15€45k€41k▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€11k€8k▼
Amounts payable17/49€77k€81k▲
Amounts payable within one year42/48€77k€81k▲
Trade debts44€51k€40k▼
Suppliers440/4€51k€40k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€14k€6k▼
Taxes450/3€2k€6k▲
Remuneration and social security454/9€12k€0▼
Other amounts payable47/48€10k€35k▲
Income statement
Code20242025
Non-recurring operating income76A-€14k
Remuneration, social security and pensions62-€241
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€0▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€3k€22k▲
Gross operating margin9900€18k€41k▲
Operating profit (loss)9901€4k€18k▲
Financial income75/76B€690€13▼
Recurring financial income75€0€13▲
Non-recurring financial income76B€690€0▼
Financial charges65/66B€224€17k▲
Recurring financial charges65€224€2k▲
Non-recurring financial charges66B-€15k
Profit (loss) for the period before taxes9903€5k€1k▼
Income taxes67/77€1k€5k▲
Profit (loss) for the period9904€3k€-3k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€8k▼
Profit (loss) brought forward from the previous period14P€8k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €257k | - | - | - | - | - |
| Non-recurring operating income76A | €15k | - | - | - | €14k | - |
| Goods, raw materials, services and sundry goods60/61 | €269k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €4k | €2k | €1k | - | €241 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €8k | €5k | €9k | €0 | ▼ 100% |
| Other operating charges640/8 | €6k | €3k | €942 | €1k | €1k | ▲ 7.4% |
| Non-recurring operating charges66A | €3k | - | - | €3k | €22k | ▲ 520% |
| Gross operating margin9900 | €23k | €6k | €27k | €18k | €41k | ▲ 127% |
| Operating profit (loss)9901 | €5k | €-6k | €20k | €4k | €18k | ▲ 320% |
| Financial income75/76B | - | €129 | €140 | €690 | €13 | ▼ 98.2% |
| Recurring financial income75 | - | €129 | €33 | €0 | €13 | ▲ 6,280% |
| Non-recurring financial income76B | - | - | €107 | €690 | €0 | ▼ 100% |
| Financial charges65/66B | €1k | €665 | €923 | €224 | €17k | ▲ 7,510% |
| Recurring financial charges65 | €1k | €665 | €923 | €224 | €2k | ▲ 609% |
| Non-recurring financial charges66B | - | - | - | - | €15k | - |
| Profit (loss) for the period before taxes9903 | €4k | €-6k | €19k | €5k | €1k | ▼ 75.5% |
| Income taxes67/77 | €5k | - | €2k | €1k | €5k | ▲ 236% |
| Profit (loss) for the period9904 | €-2k | €-6k | €16k | €3k | €-3k | ▼ 200% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-6k | €16k | €3k | €-3k | ▼ 200% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68k | €67k | €71k | €122k | €122k | ▼ 0.2% |
| Fixed assets21/28 | €19k | €17k | €30k | €22k | €3k | ▼ 85.4% |
| Intangible fixed assets21 | €592 | €492 | €392 | €341 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €19k | €17k | €30k | €21k | €3k | ▼ 88.2% |
| Plant, machinery and equipment23 | €5k | €4k | €20k | €15k | €0 | ▼ 100% |
| Furniture and vehicles24 | €14k | €13k | €10k | €7k | €3k | ▼ 62.5% |
| Financial fixed assets28 | - | - | - | €745 | €745 | = |
| Current assets29/58 | €49k | €50k | €40k | €100k | €119k | ▲ 18.8% |
| Stocks and contracts in progress3 | - | €10k | - | €38k | €22k | ▼ 42.1% |
| Stocks30/36 | - | €10k | - | €38k | - | - |
| Contracts in progress37 | - | - | - | - | €22k | - |
| Amounts receivable within one year40/41 | €17k | €27k | €27k | €53k | €91k | ▲ 73.5% |
| Trade receivables40 | €12k | €20k | €27k | €44k | €88k | ▲ 101% |
| Other amounts receivable41 | €4k | €7k | €745 | €9k | €4k | ▼ 60.0% |
| Cash at bank and in hand54/58 | €28k | €11k | €9k | €7k | €5k | ▼ 25.2% |
| Deferred charges and accrued income490/1 | €4k | €2k | €4k | €2k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68k | €67k | €71k | €122k | €122k | ▼ 0.2% |
| Equity10/15 | €31k | €25k | €41k | €45k | €41k | ▼ 7.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Outside capital11 | - | €19k | - | €19k | - | - |
| Other1109/19 | - | €19k | - | €19k | - | - |
| Reserves13 | - | - | €15k | €15k | €15k | = |
| Distributable reserves133 | - | - | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €13k | €6k | €8k | €11k | €8k | ▼ 30.6% |
| Amounts payable17/49 | €37k | €42k | €29k | €77k | €81k | ▲ 4.1% |
| Amounts payable within one year42/48 | €37k | €42k | €26k | €77k | €81k | ▲ 4.1% |
| Trade debts44 | €18k | €30k | €9k | €51k | €40k | ▼ 21.8% |
| Suppliers440/4 | €18k | €30k | €9k | €51k | €40k | ▼ 21.8% |
| Advances received on contracts in progress46 | €5k | - | - | €3k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €6k | €12k | €18k | €14k | €6k | ▼ 53.9% |
| Taxes450/3 | €6k | €12k | €16k | €2k | €6k | ▲ 272% |
| Remuneration and social security454/9 | - | - | €1k | €12k | €0 | ▼ 100% |
| Other amounts payable47/48 | €8k | - | - | €10k | €35k | ▲ 231% |
| Accrued charges and deferred income492/3 | - | - | €3k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-6k | €16k | €3k | €-3k | ▼ 200% |
| + Depreciation and write-downs630 | €5k | €8k | €5k | €9k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €3k | €1k | €22k | €13k | €-3k | ▼ 127% |
| Investment in fixed assets (approximation) | - | €-5k | €-19k | €-1k | €19k | ▲ 1,833% |
| Change in cash | - | €-18k | €-2k | €-2k | €-2k | ▲ 4.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Namur · 1 establishment unit since 2017
Ground area
778 m²
Building footprint
476 m²
Volume, LiDAR
6,526 m³
Parcel 92094C1119/00C000, Wallonia · tallest building 18.8 m, ±4 floors. Linked by address, not a title deed.
69
companies at this address
See who is registered here
1 establishment unit
M.P CONSTRUCT
since 20172.272.940.226
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1119/00C000 ProtectedMonument |
Wallonia | 778 m² | 1 · 476 m² | 18.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,889 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42110Construction of roads and motorways
43120Site preparation
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.