Equity
MB CONSTRUCT has made a profit without a break since 2023.
In July 2024, 34,693 companies had the same profile as MB CONSTRUCT has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for MB CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MB CONSTRUCT Wuustwezel | €90,578 | €40,828 | 68.5% | - |
| BUILDING & ENERGY SERVICES Wuustwezel | €85,226 | €48,444 | 48.8% | - |
| ARTPROJET Vilvoorde | €93,116 | €44,539 | 24.1% | - |
| BConstruct Chaudfontaine | €85,781 | €44,386 | 43.6% | - |
| S.K. CONSTRUCTION Grâce-Hollogne | €89,976 | €41,938 | 54.9% | 1.2 |
| Laurent GERON Blegny | €88,287 | €39,088 | 74.8% | - |
| Yil Projects Genk | €99,608 | €44,866 | 27.2% | - |
These companies have the same main activity as MB CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €85,200 and €99,600, founded between 2008 and 2011.
MB CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €24,530 in 2011 to €40,828 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €160,000 and €510,000.
Higher than 84% of 9,471 companies in 2025.
Higher than 67% of 9,219 companies in 2025.
Higher than 87% of 9,291 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
90,578 | 61,609 | 39,577 | 39,487 | 11,879 | 24,668 | 21,258 | 42,368 | 14,588 | 12,315 | 21,779 | 7,511 | 9,487 | 18,853 | 37,061 | |
21/28 |
17,253 | 23,988 | 23,383 | 14,083 | 548 | 2,656 | 5,025 | 523 | - | 1,667 | 3,333 | - | 4,161 | 14,615 | 19,581 | |
21 |
8,820 | 12,820 | 16,820 | - | - | - | - | - | - | - | - | - | 150 | 550 | 750 | |
22/27 |
7,933 | 10,668 | 6,064 | 13,583 | 548 | 2,656 | 5,025 | 523 | - | 1,667 | 3,333 | - | 4,011 | 14,065 | 18,831 | |
23 |
927 | 787 | 2,057 | 3,326 | 101 | 1,314 | 2,789 | 523 | - | - | - | - | 1,524 | 5,405 | 6,997 | |
24 |
7,006 | 9,881 | 4,007 | 10,257 | 447 | 1,342 | 2,236 | - | - | 1,667 | 3,333 | - | 2,487 | 8,660 | 11,833 | |
28 |
500 | 500 | 500 | 500 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
73,325 | 37,622 | 16,193 | 25,404 | 11,330 | 22,012 | 16,233 | 41,845 | 14,588 | 10,648 | 18,446 | 7,511 | 5,326 | 4,237 | 17,480 | |
29 |
34,387 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
34,387 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
- | - | - | - | 4,500 | 8,067 | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | 4,500 | 8,067 | - | - | - | - | - | - | - | - | - | |
40/41 |
14,863 | 37,522 | 14,431 | 24,962 | 4,476 | 8,865 | 15,729 | 40,390 | 14,280 | 10,264 | 5,139 | 3,517 | 4,277 | 3,456 | 5,692 | |
40 |
11,750 | 17,037 | 8,959 | 21,646 | 4,476 | 8,818 | 14,643 | 40,342 | 14,280 | 9,592 | - | 74 | 2,922 | 2,234 | 753 | |
41 |
3,113 | 20,485 | 5,472 | 3,316 | - | 48 | 1,085 | 48 | - | 672 | 5,139 | 3,443 | 1,355 | 1,222 | 4,939 | |
54/58 |
24,076 | 100 | 1,762 | 441 | 1,693 | 5,080 | 282 | 1,455 | 309 | 384 | 13,307 | 3,994 | 16 | 781 | 11,788 | |
490/1 |
- | - | - | - | 662 | - | 223 | - | - | - | - | - | 1,033 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
90,578 | 61,609 | 39,577 | 39,487 | 11,879 | 24,668 | 21,258 | 42,368 | 14,588 | 12,315 | 21,779 | 7,511 | 9,487 | 18,853 | 37,061 | |
10/15 |
62,040 | 46,390 | 32,891 | 13,031 | -559 | 14,006 | 15,453 | 27,420 | 6,852 | 6,482 | 14,359 | 6,210 | 6,408 | 12,984 | 27,013 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
41,580 | 25,930 | 12,431 | -7,429 | -21,019 | -6,454 | -5,007 | 6,960 | -13,608 | -13,978 | -6,101 | -14,250 | -14,052 | -7,476 | 6,553 | |
17/49 |
28,538 | 15,220 | 6,686 | 26,456 | 12,438 | 10,661 | 5,805 | 14,949 | 7,736 | 5,833 | 7,420 | 1,301 | 3,079 | 5,869 | 10,048 | |
42/48 |
28,538 | 15,220 | 6,686 | 26,232 | 12,217 | 10,661 | 5,805 | 14,949 | 7,736 | 5,833 | 5,427 | 1,301 | 3,079 | 5,869 | 9,993 | |
44 |
7,718 | 6,532 | 6,661 | 1,065 | 6,752 | 3,715 | - | 5,828 | 4,606 | 4,389 | 5,427 | - | 42 | 1,917 | 1,680 | |
440/4 |
7,718 | 6,532 | 6,661 | 1,065 | 6,752 | 3,715 | - | 5,828 | 4,606 | 4,389 | 5,427 | - | 42 | 1,917 | 1,680 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 706 | |
45 |
20,745 | 1,187 | 25 | 12,700 | 2,738 | 2,671 | 1,000 | 4,073 | 1,651 | - | - | 1,301 | 3,037 | 1,710 | 5,207 | |
450/3 |
20,745 | 1,187 | 25 | - | 2,738 | 2,671 | 1,000 | 4,073 | 1,651 | - | - | 1,301 | 3,037 | 1,710 | 3,994 | |
454/9 |
- | - | - | 12,700 | - | - | - | - | - | - | - | - | - | - | 1,213 | |
47/48 |
75 | 7,500 | - | 12,467 | 2,727 | 4,276 | 4,805 | 5,047 | 1,479 | 1,444 | - | - | - | 2,242 | 2,400 | |
492/3 |
- | - | - | 223 | 221 | - | - | - | - | - | 1,992 | - | - | - | 55 | |
| Income statement | ||||||||||||||||
9900 |
40,828 | 37,848 | 33,292 | 67,955 | -5,330 | 4,766 | 10,153 | 25,291 | 4,969 | -5,881 | 9,750 | 1,196 | -1,496 | -8,518 | 24,530 | |
62 |
- | - | - | 43,784 | 12 | - | - | - | - | - | - | - | - | - | - | |
630 |
7,727 | 9,896 | 10,700 | 3,274 | 2,107 | 2,369 | 1,821 | 262 | 1,667 | 1,667 | 1,667 | - | 5,413 | 5,314 | 9,613 | |
631/4 |
- | - | - | - | -5,135 | - | 19,160 | - | - | - | - | - | - | - | - | |
640/8 |
1,560 | 591 | - | 4,371 | 9,784 | 1 | 355 | - | 50 | - | 3 | 1,284 | 1,259 | 104 | 54 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | 161 | - | - | - | |
9901 |
31,541 | 27,361 | 22,592 | 16,526 | -12,099 | 2,396 | -11,182 | 25,029 | 3,252 | -7,548 | 8,080 | -88 | -8,168 | -13,936 | 14,863 | |
75/76B |
1,297 | 494 | 165 | - | - | - | - | - | - | - | 79 | 208 | 5 | 36 | 6 | |
75 |
1,297 | 494 | 165 | - | - | - | - | - | - | - | 79 | 208 | 5 | 36 | 6 | |
65/66B |
845 | 119 | 2,897 | 2,935 | 2,433 | 3,843 | 785 | 3,462 | 2,882 | 330 | 10 | 113 | 253 | 128 | 274 | |
65 |
845 | 119 | 2,897 | 2,935 | 2,433 | 3,843 | 785 | 3,462 | 2,882 | 330 | 10 | 113 | 253 | 128 | 274 | |
9903 |
31,994 | 27,736 | 19,859 | 13,591 | -14,533 | -1,446 | -11,967 | 21,567 | 370 | -7,877 | 8,149 | -154 | -8,416 | -14,028 | 14,594 | |
67/77 |
16,343 | 6,737 | - | - | 33 | - | - | 1,000 | - | - | - | 44 | 53 | 1 | 3,782 | |
9904 |
15,650 | 20,999 | 19,859 | 13,591 | -14,566 | -1,446 | -11,967 | 20,567 | 370 | -7,877 | 8,149 | -198 | -8,469 | -14,029 | 10,813 | |
9905 |
15,650 | 20,999 | 19,859 | 13,591 | -14,566 | -1,446 | -11,967 | 20,567 | 370 | -7,877 | 8,149 | -198 | -8,469 | -14,029 | 10,813 | |
| Appropriation of the result | ||||||||||||||||
9906 |
41,580 | 33,430 | 12,431 | -7,429 | -21,019 | -6,454 | -5,007 | 6,960 | -13,608 | -13,978 | -6,101 | -14,250 | -14,052 | -7,476 | 10,813 | |
14P |
25,930 | 12,431 | -7,429 | -21,019 | -6,454 | -5,007 | 6,960 | -13,608 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
- | 7,500 | - | - | - | - | - | - | - | - | - | - | - | - | 2,400 | |
694 |
- | 7,500 | - | - | - | - | - | - | - | - | - | - | - | - | 2,400 | |
| Document | ||||||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 30-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 30-10-2026 | 2026-00595886 | |
| 31-03-2025 | micro format | 28-10-2025 | 2025-00553584 | |
| 31-03-2024 | micro format | 23-12-2024 | 2024-00624227 | |
| 31-03-2023 | micro format | 26-02-2024 | 2024-00034028 | |
| 31-03-2022 | micro format | 02-12-2022 | 2022-20530365 | |
| 31-03-2021 | micro format | 02-12-2022 | 2022-20530341 | |
| 31-03-2020 | micro format | 29-06-2022 | 2022-20103654 | |
| 31-03-2019 | micro format | 29-06-2022 | 2022-20103653 | |
| 31-03-2018 | micro format | 03-09-2018 | 2018-57800573 | |
| 31-03-2017 | abbreviated format | 11-04-2018 | 2018-09500244 | |
| 31-03-2016 | abbreviated format | 02-01-2018 | 2018-00100009 | |
| 31-03-2015 | abbreviated format | 29-09-2015 | 2015-62700135 | |
| 31-03-2014 | abbreviated format | 28-11-2014 | 2014-68000415 | |
| 31-03-2012 | abbreviated format | 31-10-2012 | 2012-62700455 | |
| 31-03-2011 | abbreviated format | 30-11-2011 | 2011-62400002 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39,268 | 37,257 | 33,292 | 19,800 | -9,992 | 4,765 | -9,362 | 25,291 | 4,919 | -5,881 | 9,747 | - | -2,755 | -8,622 | 24,476 | ||
| 23,377 | 30,895 | 30,559 | 16,865 | -12,458 | 923 | -10,146 | 20,829 | 2,037 | -6,211 | 9,816 | - | -3,056 | -8,715 | 20,425 | ||
| 992 | 10,500 | 20,000 | 16,809 | 0 | 0 | 6,322 | 785 | 0 | 0 | 5,000 | - | - | 349 | 26,154 | ||
| 23,976 | -1,663 | 1,321 | -1,251 | -3,387 | 4,798 | -1,173 | 1,146 | -75 | -12,923 | 9,313 | 3,978 | - | -11,007 | - | ||
| 44,787 | 22,402 | 9,507 | -829 | -886 | 11,351 | 10,428 | 26,896 | 6,852 | 4,815 | 13,018 | 6,210 | 2,247 | -1,631 | 7,487 | ||
| 68.5% | 75.3% | 83.1% | 33.0% | -4.7% | 56.8% | 72.7% | 64.7% | 47.0% | 52.6% | 65.9% | 82.7% | 67.5% | 68.9% | 72.9% | ||
| 2.57 | 2.47 | 2.42 | 0.97 | 0.93 | 2.06 | 2.80 | 2.80 | 1.89 | 1.83 | 3.40 | 5.77 | 1.73 | 0.72 | 1.75 | ||
| 2.57 | 2.47 | 2.42 | 0.97 | 0.56 | 1.31 | 2.80 | 2.80 | 1.89 | 1.83 | 3.40 | 5.77 | 1.73 | 0.72 | 1.75 | ||
| 0.46 | 0.33 | 0.20 | 2.03 | - | 0.76 | 0.38 | 0.55 | 1.13 | 0.90 | 0.52 | 0.21 | 0.48 | 0.45 | 0.37 | ||
| 25.2% | 45.3% | 60.4% | 104.3% | - | -10.3% | -77.4% | 75.0% | 5.4% | -121.5% | 56.8% | -3.2% | -132.2% | -108.0% | 40.0% | ||
| 17.3% | 34.1% | 50.2% | 34.4% | -122.6% | -5.9% | -56.3% | 48.5% | 2.5% | -64.0% | 37.4% | -2.6% | -89.3% | -74.4% | 29.2% | ||
| 46.50 | over 100 | 11.49 | 6.75 | -4.11 | 1.24 | -11.93 | 7.31 | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €992 | €10,500 | - | €16,309 | - |
| Intangible fixed assets | - | - | €20,000 | - | - |
| Financial fixed assets | - | - | - | €500 | - |
| €7,727 | €9,896 | €10,700 | €3,274 | €2,107 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 15% higher than in 2025 and the highest since 2011. It is the fourth rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 24.7% to 31.5%. Equity and debt are higher.
1 other company of this director went bankrupt (2022).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
MB CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
The connected companies are in the list below.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Leemdreef 5 registered office 2990 Wuustwezel | ||
| MB Construct | 30-12-2009 | 2.184.258.866 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11682H0071/00F000 | 4,623 m² | - | - |
| 11422C0485/00X002 | 79 m² | 1 · 79 m² | 11.5 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0821.858.828
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