MBA CONSTRUCTION
Bankruptcy closedMBA CONSTRUCTION was declared bankrupt on 22-11-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 01-01-2026, published in the Belgian State Gazette on 16-01-2026. The 2021 annual accounts show equity of €139k and a net result of €31k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 31-01-2022, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€139k▲ 28.7%
2020 · €108k
2019: €92k
2020: €108k
2019 → 2021
Total assets
€179k▲ 0.8%
2020 · €177k
2019: €156k
2020: €177k
2019 → 2021
Net result
€31k▲ 95.5%
2020 · €16k
2019: €39k
2020: €16k
2019 → 2021
Working capital
€141k▲ 30.7%
2020 · €108k
2019: €92k
2020: €108k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€92k-€108k▲ 17.2%€139k▲ 28.7%
Operating result€54k-€21k▼ 61.3%€29k▲ 38.8%
Net result€39k-€16k▼ 59.2%€31k▲ 95.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 39% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €179k
Equity
€139k▲ 28.7%
Debt
€40k▼ 42.7%
The debt ratio falls from 39.1% to 22.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
77.8%▲
2020 · 60.9%
Current ratio
4.75▲
2020 · 2.56
Quick ratio
4.75▲
2020 · 2.56
ROE
22.3%▲
2020 · 14.7%
ROA
17.4%▲
2020 · 9.0%
Debt
€40k▼
2020 · €69k
Debt ≤ 1 year
€38k▼
2020 · €69k
Income taxes
€9k▲
2020 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€177k€179k▲
Current assets29/58€177k€179k▲
Amounts receivable within one year40/41€177k€178k▲
Cash at bank and in hand54/58€566€0▼
Equity and liabilities
Total equity and liabilities10/49€177k€179k▲
Equity10/15€108k€139k▲
Reserves13€55k€55k=
Profit (loss) carried forward14€47k€78k▲
Amounts payable17/49€69k€40k▼
Amounts payable within one year42/48€69k€38k▼
Trade debts44€5k€3k▼
Income statement
Code20202021
Gross operating margin9900€21k€101k▲
Operating profit (loss)9901€21k€29k▲
Recurring financial income75€8k€14k▲
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€22k€40k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€16k€31k▲
Profit (loss) for the period to be appropriated9905€16k€31k▲
Timeline · acts, filings and financial milestones
2026
16-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · MBA CONSTRUCTION BV STEENWEG OP MECHELEN 455, 1950 KRAAINEM · event 01-01-2026
2022
28-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MBA CONSTRUCTION BV STEENWEG OP MECHELEN 455, 1950 KRAAINEM · event 22-11-2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €16k ▼59.2%
Net result drops to €16k, the lowest in the series.
30-06
Financial
Equity above €100kEq €108k ▲17.2%
2 profitable years in a row build equity to €108k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kraainem · 1 establishment unit since 2015
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.
Steenweg op Mechelen 4551950 KraainemGround area
2.9 ha
Building footprint
1,357 m²
Volume, LiDAR
35,435 m³
2 parcels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
MBA CONSTRUCTION
since 20152.239.383.471
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23068B0218/00G000 | Flanders | 1.7 ha | 1 · 492 m² | 7.5 m · 1 fl. |
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
22-11-2022 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-02-2015
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.