MBF CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for MBF CONSTRUCT according to publications in the Belgian State Gazette; curator: VIRGINIE SALTEUR.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €119 and a net result of €-138k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
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 publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€119▼ 99.9%
2022 · €138k
2018: €122k
2019: €121k
2021: €136k
2022: €138k
2018 → 2023
Total assets
€119▼ 99.9%
2022 · €220k
2018: €167k
2019: €173k
2021: €237k
2022: €220k
2018 → 2023
Net result
€-138k
2022 · €44k
2018: €10k
2019: €-1k
2021: €47k
2022: €44k
2018 → 2023
Working capital
€111k▼ 3.4%
2021 · €115k
2018: €44k
2019: €66k
2021: €115k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202120222023Trend
Equity€122k-€121k▼ 0.9%€136k▲ 12.6%€138k▲ 1.5%€119▼ 99.9%
Operating result€13k-€2k▼ 83.3%€52k▲ 2,393%€47k▼ 10.5%€-128k
Net result€10k-€-1k€47k€44k▼ 6.8%€-138k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €128k after €47k in 2022, the lowest result in the available series.
Key figures and ratios
EBITDA
€-101k▼
2022 · €52k
Cash flow
€-111k▼
2022 · €50k
Interest coverage
-10.79▼
2022 · 63.23
Ratios withheld: a balance sheet total of €119 is too small for a meaningful ratio.
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 · 2023 against 2022 · 48 lines
Balance sheet
Code20222023
Assets
Total assets20/58€220k€119▼
Fixed assets21/28€27k-
Tangible fixed assets22/27€27k-
Plant, machinery and equipment23€26k-
Furniture and vehicles24€1k-
Current assets29/58€193k€119▼
Amounts receivable within one year40/41€2k-
Other amounts receivable41€2k-
Current investments50/53€178k-
Cash at bank and in hand54/58€12k€119▼
Equity and liabilities
Total equity and liabilities10/49€220k€119▼
Equity10/15€138k€119▼
Contributions10/11€65k€65k=
Outside capital11€65k-
Other1109/19€65k-
Reserves13€73k€54k▼
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Tax-exempt reserves132€51k-
Distributable reserves133€19k€54k▲
Profit (loss) carried forward14-€-119k
Amounts payable17/49€82k-
Amounts payable within one year42/48€82k-
Trade debts44€8k-
Suppliers440/4€8k-
Taxes, remuneration and social security45€19k-
Taxes450/3€19k-
Other amounts payable47/48€55k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€27k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€54k€-99k▼
Operating profit (loss)9901€47k€-128k▼
Financial income75/76B€4€21▲
Recurring financial income75€4€21▲
Non-recurring financial income76B-€21
Financial charges65/66B€828€9k▲
Recurring financial charges65€828€9k▲
Non-recurring financial charges66B-€9k
Profit (loss) for the period before taxes9903€46k€-138k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€44k€-138k▼
Profit (loss) for the period to be appropriated9905€44k€-138k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€-138k▼
Transfer from equity791/2-€19k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€42k-
Return on contributions (dividend)694€42k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
KBO administration
Address struck
Louizalaan 54 1050 Die Sitzadresse Avenue Louise / Louizalaan
Ixelles · event 13-10-2025
30-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL MBF CONSTRUCT AVENUE LOUISE 54, 1050 IXELLES · event 22-09-2025
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 399 days late
2023
31-12
Financial
Weakest financial yearnet €-138k ▼413%
Net result drops to €-138k, the lowest in the series.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 2024
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.
Ground area
1,625 m²
Building footprint
1,286 m²
Volume, LiDAR
34,999 m³
Parcel 21807G0001/00L000, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
MBF CONSTRUCT
since 20242.364.874.351
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AENUE DU CENTENAIRE 120,
1400 NIVELLES |
22-09-2025 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 245 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 (pre-2019)
Founded21-11-1985
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43221Plumbing work
43310Plastering work
43320Joinery installation
43410Roofing work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.