Financials
- Fiscal year
- 2024
- Total assets
- €54,303
- Loss
- -€11,182
- Solvency
- 14.8%
Total assets▼ 18.1%
Net result
20222024
M&S IDEAL CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of M&S IDEAL CONSTRUCT is 4.0% (moderate). The annual accounts of M&S IDEAL CONSTRUCT for fiscal year 2024 show a net loss of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €8,062 and a net result of -€11,182. Equity is shrinking by ~28.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other building finishing work
NACE 43350NACE 43390Roofing work NACE 43410
1 site
How big
€54,303total assets 2024
- Equity
- €8,062
- Loss
- -€11,182
Turnover not published (abridged schema)
Who decides
Accounts 51 d early0 of 1 deed read
Why 32- Limited track record- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate regionLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-43
Solvency40▼-14
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.48 against 2.01 in 2023; short-term debt: 46.1% and cash: 15% of total assets), and 85.2% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
14.8%
Return on assets
-20.6%
Age of the figures
21 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
51 d early
2024
24 d early
2023
8 d early
2022
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 16 July (3 of the last 4 filed years within 36 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€11,182
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- Next accounts
- by 31-07-2027
- 10-06-2026Annual accounts filed
- 07-07-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 18-10-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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