MBZ CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for MBZ CONSTRUCT according to publications in the Belgian State Gazette; curator: STEVEN BOEYNAEMS.
Summary
The 2023 annual accounts show equity of €302,857 and a net result of €53,293.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 2 December 2025
- Supervising judge
- Ellen Lemahieu
- Official Gazette
- 08-12-2025 (pdf) ↗search the document for 2025/150647
Curator
- Steven BoeynaemsCuylitsstraat 48, 2018 Antwerpen 1steven@dilaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 33 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€302,857▲ 6.4%
2022 · €284,564
Total assets
€397,352▲ 4.5%
2022 · €380,147
Net result
€53,293▼ 11.2%
2022 · €60,002
Working capital
€292,887▲ 8.7%
2022 · €269,566
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€34,223▼ 40.2%€47,154▲ 37.8%€42,159▼ 10.6%€63,021▲ 49.5%€57,208▼ 9.2%
Net result€11,563▼ 78.6%€47,894▲ 314%€40,300▼ 15.9%€60,002▲ 48.9%€53,293▼ 11.2%
Equity€204,368▲ 6.0%€219,262▲ 7.3%€259,562▲ 18.4%€284,564▲ 9.6%€302,857▲ 6.4%
Total assets€257,272▲ 5.2%€326,558▲ 26.9%€325,325▼ 0.4%€380,147▲ 16.9%€397,352▲ 4.5%
Debt€52,904▲ 2.2%€107,297▲ 103%€65,763▼ 38.7%€95,583▲ 45.3%€94,495▼ 1.1%
Working capital€200,661▲ 7.1%€204,564▲ 1.9%€246,469▲ 20.5%€269,566▲ 9.4%€292,887▲ 8.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 9% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €397,352
Fixed assets
€9,970 ▼ 42.4%
Current assets
€387,382 ▲ 6.8%
Equity and liabilities €397,352
Equity
€302,857 ▲ 6.4%
Debt
€94,495 ▼ 1.1%
Debt's share of the balance-sheet total falls from 25.1% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65,712▼
2022 · €71,008
Cash flow
€61,797▼
2022 · €67,989
Current ratio
4.10▲
2022 · 3.89
Debt to equity
0.31▼
2022 · 0.34
ROE
17.6%▼
2022 · 21.1%
ROA
13.4%▼
2022 · 15.8%
Interest coverage
64.78▲
2022 · 44.70
Debt ≤ 1 year
€94,495▲
2022 · €93,265
Income taxes
€16,780▼
2022 · €18,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,068 | €9,042 | €9,538 | €7,987 | €8,504 | ▲ 6.5% |
| Other operating charges640/8 | - | - | €389 | €1,371 | €1,355 | ▼ 1.2% |
| Gross operating margin9900 | €37,941 | €57,749 | €52,087 | €72,379 | €67,066 | ▼ 7.3% |
| Operating profit (loss)9901 | €34,223 | €47,154 | €42,159 | €63,021 | €57,208 | ▼ 9.2% |
| Financial income75/76B | - | - | €12,445 | €16,670 | €13,880 | ▼ 16.7% |
| Recurring financial income75 | €19,194 | €17,583 | €12,445 | €16,670 | €13,880 | ▼ 16.7% |
| Financial charges65/66B | - | - | €932 | €1,588 | €1,014 | ▼ 36.1% |
| Recurring financial charges65 | €38,447 | €2,670 | €932 | €1,588 | €1,014 | ▼ 36.1% |
| Profit (loss) for the period before taxes9903 | €14,970 | €62,067 | €53,672 | €78,102 | €70,073 | ▼ 10.3% |
| Income taxes67/77 | €3,407 | €14,173 | €13,372 | €18,100 | €16,780 | ▼ 7.3% |
| Profit (loss) for the period9904 | €11,563 | €47,894 | €40,300 | €60,002 | €53,293 | ▼ 11.2% |
| Profit (loss) for the period to be appropriated9905 | €11,563 | €47,894 | €40,300 | €60,002 | €53,293 | ▼ 11.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €257,272 | €326,558 | €325,325 | €380,147 | €397,352 | ▲ 4.5% |
| Fixed assets21/28 | €3,706 | €33,804 | €24,265 | €17,317 | €9,970 | ▼ 42.4% |
| Tangible fixed assets22/27 | €3,706 | €33,804 | €24,265 | €17,317 | €9,970 | ▼ 42.4% |
| Furniture and vehicles24 | - | - | €22,576 | €16,059 | €9,143 | ▼ 43.1% |
| Other tangible fixed assets26 | - | - | €1,689 | €1,258 | €827 | ▼ 34.2% |
| Current assets29/58 | €253,565 | €292,754 | €301,060 | €362,831 | €387,382 | ▲ 6.8% |
| Amounts receivable within one year40/41 | €195,677 | €206,901 | €216,701 | €261,446 | €271,850 | ▲ 4.0% |
| Trade receivables40 | - | - | - | €11,209 | €10,863 | ▼ 3.1% |
| Other amounts receivable41 | - | - | €216,701 | €250,237 | €260,988 | ▲ 4.3% |
| Cash at bank and in hand54/58 | €2,965 | €13,940 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €84,358 | €101,384 | €115,532 | ▲ 14.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €257,272 | €326,558 | €325,325 | €380,147 | €397,352 | ▲ 4.5% |
| Equity10/15 | €204,368 | €219,262 | €259,562 | €284,564 | €302,857 | ▲ 6.4% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,963 | €1,963 | €1,963 | €1,963 | €1,963 | = |
| Non-distributable reserves130/1 | - | - | €1,963 | €1,963 | €1,963 | = |
| Reserves not available under the articles1311 | - | - | €1,963 | €1,963 | €1,963 | = |
| Profit (loss) carried forward14 | €183,805 | €198,699 | €238,999 | €264,002 | €282,295 | ▲ 6.9% |
| Amounts payable17/49 | €52,904 | €107,297 | €65,763 | €95,583 | €94,495 | ▼ 1.1% |
| Amounts payable after more than one year17 | - | €19,106 | €10,657 | €721 | - | - |
| Financial debts170/4 | - | - | €10,657 | €721 | - | - |
| Amounts payable within one year42/48 | €52,904 | €88,191 | €54,591 | €93,265 | €94,495 | ▲ 1.3% |
| Current portion of amounts payable after more than one year42 | - | - | €8,425 | €9,936 | €721 | ▼ 92.7% |
| Financial debts43 | - | - | €2,582 | €4,223 | €5,056 | ▲ 19.7% |
| Credit institutions430/8 | - | - | €2,582 | €4,223 | €5,056 | ▲ 19.7% |
| Trade debts44 | €28,994 | €24,084 | €22,575 | €12,943 | €23,814 | ▲ 84.0% |
| Suppliers440/4 | - | - | €22,575 | €12,943 | €23,814 | ▲ 84.0% |
| Taxes, remuneration and social security45 | - | - | €21,008 | €31,163 | €29,904 | ▼ 4.0% |
| Taxes450/3 | - | - | €21,008 | €31,163 | €29,904 | ▼ 4.0% |
| Other amounts payable47/48 | - | - | - | €35,000 | €35,000 | = |
| Accrued charges and deferred income492/3 | - | - | €516 | €1,598 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,563 | €47,894 | €40,300 | €60,002 | €53,293 | ▼ 11.2% |
| + Depreciation and write-downs630 | €3,068 | €9,042 | €9,538 | €7,987 | €8,504 | ▲ 6.5% |
| Operating cash flow (approximation) | €14,631 | €56,936 | €49,839 | €67,989 | €61,797 | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | -€39,139 | €0 | -€1,039 | -€1,157 | ▼ 11.4% |
| Change in cash | - | €10,975 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-12-2025
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €60,002 ▲48.9%
Operating result €63,021, net result €60,002, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €11,563 ▼78.6%
Net result drops to €11,563, the lowest in the series.
31-12
Financial
Equity above €200,000Eq €204,368 ▲6%
2 profitable years in a row build equity to €204,368.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2013
Ground area
194 m²
Building footprint
85 m²
Volume, LiDAR
547 m³
Parcel 11423B0267/00P000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MBZ CONSTRUCT
since 20132.287.381.843
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11423B0267/00P000 | Flanders | 194 m² | 1 · 85 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 | STEVEN BOEYNAEMS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
02-12-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2013
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.