MB CONSTRUCT
ActiveSummary
MB CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 2.42 in 2024; short-term debt: 24.7% and cash: 0.2% of total assets), and 24.7% 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.
−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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €46k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
53 d late
2023
118 d late
2022
32 d late
2021
397 d late
2020
606 d late
2019
972 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 41.0%
2024 · €33k
2019: €27k
2020: €15k
2021: €14k
2022: €-559
2023: €13k
2024: €33k
2019 → 2025
Total assets
€62k▲ 55.7%
2024 · €40k
2019: €42k
2020: €21k
2021: €25k
2022: €12k
2023: €39k
2024: €40k
2019 → 2025
Net result
€21k▲ 5.7%
2024 · €20k
2019: €21k
2020: €-12k
2021: €-1k
2022: €-15k
2023: €14k
2024: €20k
2019 → 2025
Working capital
€22k▲ 136%
2024 · €10k
2019: €27k
2020: €10k
2021: €11k
2022: €-886
2023: €-829
2024: €10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€-559€13k€33k▲ 152%€46k▲ 41.0%
Operating result€2k-€-12k€17k€23k▲ 36.7%€27k▲ 21.1%
Net result€-1k-€-15k▼ 907%€14k€20k▲ 46.1%€21k▲ 5.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€24k ▲ 2.6%
Current assets
€38k ▲ 132%
Equity and liabilities €62k
Equity
€46k ▲ 41.0%
Debt
€15k ▲ 128%
Debt's share of the balance-sheet total rises from 16.9% to 24.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2024 · €33k
Cash flow
€31k▲
2024 · €31k
Current ratio
2.47▲
2024 · 2.42
Debt to equity
0.33▲
2024 · 0.20
ROE
45.3%▼
2024 · 60.4%
ROA
34.1%▼
2024 · 50.2%
Interest coverage
313.42▲
2024 · 11.49
Debt ≤ 1 year
€15k▲
2024 · €7k
Income taxes
€7k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€62k▲
Fixed assets21/28€23k€24k▲
Intangible fixed assets21€17k€13k▼
Tangible fixed assets22/27€6k€11k▲
Plant, machinery and equipment23€2k€787▼
Furniture and vehicles24€4k€10k▲
Financial fixed assets28€500€500=
Current assets29/58€16k€38k▲
Amounts receivable within one year40/41€14k€38k▲
Trade receivables40€9k€17k▲
Other amounts receivable41€5k€20k▲
Cash at bank and in hand54/58€2k€100▼
Equity and liabilities
Total equity and liabilities10/49€40k€62k▲
Equity10/15€33k€46k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€12k€26k▲
Amounts payable17/49€7k€15k▲
Amounts payable within one year42/48€7k€15k▲
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Taxes, remuneration and social security45€25€1k▲
Taxes450/3€25€1k▲
Other amounts payable47/48-€8k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8-€591
Gross operating margin9900€33k€38k▲
Operating profit (loss)9901€23k€27k▲
Financial income75/76B€165€494▲
Recurring financial income75€165€494▲
Financial charges65/66B€3k€119▼
Recurring financial charges65€3k€119▼
Profit (loss) for the period before taxes9903€20k€28k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€20k€21k▲
Profit (loss) for the period to be appropriated9905€20k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€33k▲
Profit (loss) brought forward from the previous period14P€-7k€12k▲
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (10 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €21k ▲5.7%
Operating result €27k, net result €21k, both a record.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
31-03
Financial
Liquidity triplescurrent ratio 2.42
Current ratio from 0.97 to 2.42; short-term debt falls from €26k to €7k.
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-03
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 397 days late
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 606 days late
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 972 days late
31-03
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 162 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 428 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Wuustwezel · 1 establishment unit since 2009
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.
Leemdreef 52990 WuustwezelGround area
4,702 m²
Building footprint
79 m²
Volume, LiDAR
768 m³
2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MB Construct
since 20092.184.258.866
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682H0071/00F000 | Flanders | 4,623 m² | - | - |
| 11422C0485/00X002 | Flanders | 79 m² | 1 · 79 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BOJAN RENOV
BE 0675.950.339
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SISTAR
BE 0771.596.693
Drogenbos · Eq €46,378
BOUWONDERNEMING LATTRE
BE 0477.303.940
Wielsbeke · Eq €46,363
BELBOUW
BE 0681.539.123
Anderlecht · Eq €46,360
GS Bouw
BE 0804.327.760
Sint-Lievens-Houtem · Eq €46,359
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,024 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2009
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.