MAI Construction
ActiveThe computed 12-month bankruptcy probability of MAI Construction is 2.3% (moderate). The 2024 annual accounts show equity of €108k and a net result of €98k. Its solvency ranks better than 77% of 9984 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency100
Growth-
Stability67
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 2.9), and 32.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 1 filingDeviation from the deadline
2024
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€108k
Total assets
€160k
Net result
€98k
Working capital
€99k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €160k
Fixed assets
€10k
Current assets
€151k
Equity and liabilities €160k
Equity
€108k
Debt
€52k
Debt finances 32.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€125k
Cash flow
€99k
Solvency
67.6%
Current ratio
2.90
Quick ratio
2.90
Debt / equity
0.48
ROE
90.8%
ROA
61.4%
Interest coverage
257.77
Debt
€52k
Debt ≤ 1 year
€52k
Income taxes
€26k
Staff costs
€57k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€160k
Fixed assets21/28€10k
Tangible fixed assets22/27€10k
Furniture and vehicles24€10k
Current assets29/58€151k
Amounts receivable within one year40/41€45k
Trade receivables40€17k
Other amounts receivable41€28k
Cash at bank and in hand54/58€104k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€160k
Equity10/15€108k
Contributions10/11€10k
Reserves13€98k
Distributable reserves133€98k
Amounts payable17/49€52k
Amounts payable within one year42/48€52k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€49k
Taxes450/3€27k
Remuneration and social security454/9€22k
Income statement
Code2024
Remuneration, social security and pensions62€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150
Other operating charges640/8€2k
Non-recurring operating charges66A€1k
Gross operating margin9900€185k
Operating profit (loss)9901€125k
Financial income75/76B€440
Recurring financial income75€440
Financial charges65/66B€485
Recurring financial charges65€485
Profit (loss) for the period before taxes9903€125k
Income taxes67/77€26k
Profit (loss) for the period9904€98k
Profit (loss) for the period to be appropriated9905€98k
Appropriation of the result
Profit (loss) to be appropriated9906€98k
Transfer to equity691/2€98k
To other reserves6921€98k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2024
Ground area
566 m²
Building footprint
187 m²
Volume, LiDAR
864 m³
Parcel 41005C0033/00H002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MAI Construction
since 20242.360.670.786
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41005C0033/00H002 | Flanders | 566 m² | 1 · 187 m² | 9.8 m · 1 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.
Similar companies · same sector, comparable size
HDS PROJECTS
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RAMA-CONSTRUCT
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BAUTERS LUC
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FCS-HOME
BE 0765.412.152
Ham-sur-Heure-Nalinnes · Eq €108k
IMERICONSTRUCTION
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 12,924 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2024
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.