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MB-CONSTRUCT

Active
Private limited company (pre-2019)founded 200818 yrs activeDokter Zamenhoflaan 31, 1070 Anderlecht, BelgiumKBO/BCE: BE 0899.270.568
Summary

The computed 12-month bankruptcy probability of MB-CONSTRUCT is 1.7% (moderate). The 2024 annual accounts show equity of €118,446 and a net result of €8,689. Equity is shrinking by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 36365 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch ReportCompare
MB-CONSTRUCTActiveChecked score 55/100
Risk analysis ReportCompare

Overview

What they do
Other construction installation
NACE 43240NACE 43299
1 site
How big
€198,718total assets 2024
Equity
€118,446
Profit
€8,689
Turnover not published (abridged schema)
Financially healthy?
55 Fair Checked score 2024
Bankruptcy chance 12 m
1.7%
Who decides
Accounts 63 d overdue0 of 7 deeds read
Why 55- 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late- Figures for FY 2024 (filed 13-11-2025)+ Founded in 2008+ Equity €118,446 (59.6% of total assets)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 85+1
equity 59.6% of total assets
Liquidity 47+4
short-term debt 40.4% · cash 12.6%
Profitability 74-23
return on assets 4.4%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (46,941 companies)
Last 24 months 11-2024: 14.3% 12-2024: 14.3%● 0.0% vs 11-2024 01-2025: 14.3%● 0.0% vs 12-2024 02-2025: 14.3%● 0.0% vs 01-2025 03-2025: 14.3%● 0.0% vs 02-2025 04-2025: 14.3%● 0.0% vs 03-2025 05-2025: 14.3%● 0.0% vs 04-2025 06-2025: 15.0%▲ +5.1% vs 05-2025 07-2025: 15.0%● 0.0% vs 06-2025 08-2025: 17.6%▲ +17.0% vs 07-2025highest value 09-2025: 12.8%▼ -27.2% vs 08-2025 10-2025: 12.8%● 0.0% vs 09-2025 11-2025: 12.8%● 0.0% vs 10-2025 12-2025: 0.9%▼ -93.3% vs 11-2025 01-2026: 0.8%▼ -4.9% vs 12-2025 02-2026: 0.9%▲ +4.6% vs 01-2026 03-2026: 0.8%▼ -0.9% vs 02-2026 04-2026: 0.9%▲ +1.2% vs 03-2026 05-2026: 0.8%▼ -7.9% vs 04-2026 06-2026: 0.8%▼ -2.4% vs 05-2026lowest value 07-2026: 0.8%▲ +0.1% vs 06-2026 08-2026: 1.2%▲ +54.0% vs 07-2026 09-2026: 1.3%▲ +9.8% vs 08-2026 10-2026: 1.7%▲ +28.9% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 13-11-2025) raises the probability
  • Founded in 2008 lowers the probability for this profile
  • Equity €118,446 (59.6% of total assets) lowers the probability
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.41 against 2.29 in 2023; short-term debt: 40.4% and cash: 12.6% of total assets), and 40.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 65%, liquidity 38%, profitability 47%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 105 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 13-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2008
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €118,446 (59.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
181921222324
2018 to 2024 · latest year €118,446
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
105 d late
2023
470 d late
2022
661 d late
2021
1024 d late
2019
328 d late
2018
75 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 444 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
  1. Strikeout withdrawnKBO administration
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: 6 profitable years in a rowprofit 2024: €8,689 6 years View
  • Total assets 20246 fiscal years filed €198,718 View

By topic

Financials

Fiscal year
2024
Total assets
€198,718
Profit
€8,689
Solvency
59.6%
Turnover▼ 37.3%
Net result
20182022
Go to Financials

Timeline

Events
14
Since
2015
  1. 28-11-2025Strikeout withdrawn
  2. 13-11-2025Annual accounts filed
  3. 13-11-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other construction installationNACE 43240
Founded
15-07-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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