MCM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of MCM CONSTRUCT is 2.1% (moderate). The 2024 annual accounts show equity of €29,132 and a net result of -€7,432. Its solvency ranks better than 53% of 35,976 sector peers (NACE 43, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €29,132
- Loss
- -€7,432
- MATHOT EdwinDirector
Why 52raises riskFigures for financial year 2024 (filed 10-06-2025)Loss of €7,432 (financial year 2024)lowers riskFounded in 2014Equity €29,132 (49.2% of total assets)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 53% on solvency, 28% on liquidity, 9% on profitability and 18% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 27 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Registered office · Amendment of the…Appointment: MATHOT Edwin (director) ·…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2023 to 2024, 2 financial years
The operating result turns negative in 2024: a loss of €5,632 after €2,432 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €5,785 | - | - |
| Remuneration, social security and pensions62 | €45,783 | €1,026 | ▼ 97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,531 | €5,684 | ▼ 13.0% |
| Other operating charges640/8 | €590 | €818 | ▲ 38.6% |
| Gross operating margin9900 | €55,336 | €1,896 | ▼ 96.6% |
| Operating profit (loss)9901 | €2,432 | -€5,632 | - |
| Financial income75/76B | €563 | €103 | ▼ 81.7% |
| Recurring financial income75 | €563 | €103 | ▼ 81.7% |
| Financial charges65/66B | €1,643 | €1,651 | ▲ 0.5% |
| Recurring financial charges65 | €1,643 | €1,651 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | €1,352 | -€7,180 | - |
| Income taxes67/77 | €1,088 | €253 | ▼ 76.8% |
| Profit (loss) for the period9904 | €264 | -€7,432 | - |
| Transfer from tax-exempt reserves789 | - | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €264 | -€7,432 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €131,568 | €59,182 | ▼ 55.0% |
| Fixed assets21/28 | €10,659 | €4,976 | ▼ 53.3% |
| Tangible fixed assets22/27 | €10,659 | €4,976 | ▼ 53.3% |
| Plant, machinery and equipment23 | €10,659 | €4,976 | ▼ 53.3% |
| Current assets29/58 | €120,908 | €54,206 | ▼ 55.2% |
| Stocks and contracts in progress3 | €10,578 | €1,937 | ▼ 81.7% |
| Stocks30/36 | €10,578 | €1,937 | ▼ 81.7% |
| Amounts receivable within one year40/41 | €83,551 | €45,932 | ▼ 45.0% |
| Trade receivables40 | €74,476 | €44,202 | ▼ 40.6% |
| Other amounts receivable41 | €9,076 | €1,729 | ▼ 80.9% |
| Cash at bank and in hand54/58 | €26,779 | €6,338 | ▼ 76.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €131,568 | €59,182 | ▼ 55.0% |
| Equity10/15 | €36,564 | €29,132 | ▼ 20.3% |
| Contributions10/11 | €3,000 | €3,300 | ▲ 10.0% |
| Capital10 | €3,000 | - | - |
| Issued capital100 | €3,000 | - | - |
| Reserves13 | €300 | - | - |
| Non-distributable reserves130/1 | €300 | - | - |
| Legal reserve130 | €300 | - | - |
| Profit (loss) carried forward14 | €33,264 | €25,832 | ▼ 22.3% |
| Amounts payable17/49 | €95,003 | €30,050 | ▼ 68.4% |
| Amounts payable after more than one year17 | €7,375 | €1,061 | ▼ 85.6% |
| Financial debts170/4 | €7,375 | €1,061 | ▼ 85.6% |
| Amounts payable within one year42/48 | €87,628 | €28,989 | ▼ 66.9% |
| Current portion of amounts payable after more than one year42 | €6,220 | €6,314 | ▲ 1.5% |
| Trade debts44 | €35,915 | €1,603 | ▼ 95.5% |
| Suppliers440/4 | €35,915 | €1,603 | ▼ 95.5% |
| Advances received on contracts in progress46 | €7,959 | - | - |
| Taxes, remuneration and social security45 | €8,710 | €1,735 | ▼ 80.1% |
| Taxes450/3 | €4,264 | €253 | ▼ 94.1% |
| Remuneration and social security454/9 | €4,446 | €1,483 | ▼ 66.7% |
| Other amounts payable47/48 | €28,824 | €19,336 | ▼ 32.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €264 | -€7,432 | - |
| + Depreciation and write-downs630 | €6,531 | €5,684 | ▼ 13.0% |
| Operating cash flow (approximation) | €6,795 | -€1,749 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€20,441 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 10-06-2025 | 2025-00127268 |
| 31-12-2023 | micro format | 28-07-2024 | 2024-00322088 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MATHOT Edwin |
|
Owners and capital
Capital and shareholders
- 04-04-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-04
Gazette deed
Registered office · Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousAppointment: MATHOT Edwin (director) · Incorporation · Legal-form conversion22 facts ▸
- General meeting, 29-03-2024
- Incorporation, 29-01-2014
- Other provision, 26-02-2024
- Legal-form conversion, “société à responsabilité limitée” (deed in French) (2 times)
- Capital conversion, “supprimer le compte de capitaux propres statutairement indisponible et le mettre à disposition pour distributions futures” (deed in French)
- Amendment of the articles (2 times)
- Registered-office move, 5070 Fosses-la-Ville, route de Saint-Gérard 20 F
- Power of attorney (2 times)
- Other provision, “démission des associés commandités et commanditaires et désignation d’un administrateur” (deed in French)
- Accounting effect, 31-12-2023
- Other provision, “régime spécifique de responsabilité continuant à peser dans le chef des membres de l’organe d’administration de la société en commandite simple, notaire soussig…” (deed in French)
- Other provision, “déclaration pro fisco transformation, article 121 Code des droits d’enregistrement, articles 210 et suivants Code d’Impôt sur les Revenus, s’il y a lieu article…” (deed in French)
- +10 further facts in this act
21-11
Gazette deed
Resignations & appointmentsBoard composition4 facts ▸
- General meeting, “Acte de décès”, 11h30 (deed in French)
- Other provision, 850619-211-76, “death announcement” (deed in French)
- Board composition, Mathot Edwin (director)
- Board composition, Mathot Francis (director)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0546.751.287
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92048E1015/00T000 | Wallonia | 2,473 m² | 1 · 227 m² | 10.2 m · 3 |
| 91016F0222/00F002 | Wallonia | 747 m² | 1 · 79 m² | 9.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Exploitation d’une boulangerie – pâtisserie avec ou sans confection sur place des articles de boulangerie et/ou pâtisserie; Exploitation…” (deed in French)
28 activities (deed in French)
- Exploitation d’une boulangerie – pâtisserie avec ou sans confection sur place des articles de boulangerie et/ou pâtisserie
- Exploitation d’un salon de thé/chicha avec ou sans boissons non alcoolisées
- Exploitation Lounge bar
- Exploitation d’un café-bar-brasserie avec ou sans petite restauration
- Entretien de véhicules auto moteurs
- Remise en état de carrosserie véhicules auto moteurs
- Vente véhicules auto moteurs d’occasion
- Import – export de véhicules d’occasion sans prestations mécaniques ou autres sur lesdits véhicules
- Constructions neuves de bâtiments et/ou rénovation de bâtiments
- Carrelage
- Plafonnage
- Menuiserie intérieure et/ou extérieure en bois – PVC – aluminium
- Pose de volets mécaniques ou à commande électrique
- Coffrage
- Ferraillage
- Électricité domestique
- Sanitaire
- Chauffage central au fuel ou autre source d’énergie
- Entretien de jardins
- Exploitation pour compte propre ou compte de tiers d’exploitations maraîchères
- Exploitation pour compte de tiers de billards électriques
- Organisation événementiels
- Soirées festives
- Transport pour tiers au deçà de 500 kilos
- L’achat, la vente et la pose de pneumatiques sur véhicules automoteurs
- Ventes en gros ou au détail
- Import-export
- Ainsi que toutes opérations permettant de fructifier les avoirs de ladite société
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales tant en Belgique qu’à l’étranger par simple décision organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation durée, un ou plusieurs administrateurs personnes physiques ou morales actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Selon modalités arrêtées par organe d'administration, organe qui procède à l'émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par décision assemblée délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment” (deed in French)