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MD CONSTRUCT

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2013active for 13 yearsHalvemaanstraat 60, 1190 ForestKBO/BCE: BE 0521.853.664
MD CONSTRUCT
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Overview

Lifetime

12 annual accounts with figures on one time axis
peak €21,702 (2020)
-€2,389▼ €10,711
peak €10,761 (2020)
€73▼ 33.4%
peak €34,846 (2026)
€34,846▲ 0.2%
€56,711▲ 29.0%
Board4 names since 2015
- 
Documentsfilings and deeds
24-09-202624 days late
2026micro format
Gross margin from €8,322 to -€2,389Result from €109 to €73Debts from €43,967 to €56,711

Key points

from the 2026 annual accounts

Equity

€34,846 ▲ 0.2%

MD CONSTRUCT has made a profit in every financial year since 2015.

Investments

€4,948 12.0 × depreciation

Green is investment, beige is depreciation.

Filings

12 annual accounts since 2015
deadline201520202025

Eight of the last ten came late. The 2021 accounts came latest: 55 days after the end of the period.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as MD CONSTRUCT has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,902 companies, not a prediction for MD CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Director, until 2021
  • deed of 07-03-2023
  • 138 sharesdeed of 07-03-2023
  • 7 sharesdeed of 07-03-2023
and 4 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0521853664
Resignation: (director) is a shareholder · holds 138 shares · holds 7 shares · General meeting of 31-12-2021 · Gazette deed
Resignation: (director) holds 112 shares · holds 20 shares · holds 20 shares · General meeting of 31-12-2015 · Gazette deed
1 director appointed, 2 resignations Resignations: and · Appointment: · holds 112 shares · General meeting of 01-07-2015 · Gazette deed
All 20 events

Comparable companies

same main activity, similar in size and age
Company
MD CONSTRUCT Forest - - 38.1% -
MUREX RENO Berchem-Sainte-Agathe - - 26.2% -
GO - RENOV Evere €121,655 -6.5% 24.4% -
Luca & Associés Etterbeek - - 48.7% -
BUILD GROUP Jette €296,512 -9.6% 64.3% -
ANDY BEST FLORING Vilvoorde - - 79.3% -
RENOVA ONE Sint-Pieters-Leeuw - - 55.8% -

These companies have the same main activity as MD CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €77,700 and €111,000, founded between 2012 and 2014.

Official details

Source: KBO
Status
Active since 08-03-2013Normal situation
Activity
Other specialised construction activitiesNACE 43990and 1 other
Establishment unit
2.217.974.4821190 Forest, since 10-04-2013
Financial year end
31 January
Peppol
Reachable since 05-01-2026
Company details

Annual accounts to 31-01-2026

-€2,389
€73▼ 33.4%
€34,846▲ 0.2%
€91,558▲ 16.3%
Filing
Filed on 24-09-2026
Financials

Insights on MD CONSTRUCT

MD CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €9,508 in 2015 to -€2,389 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2026

micro format, filed on 24-09-2026, 24 days late
-€2,389
▼ €10,711
-€2,906
▼ €3,714
-€2,494
▼ €3,302
€485
▲ 345%
38.1%
▼ 6.1 percentage points
1.57
▼ 0.22

Money flows

no detail for 2026

Balance sheet

balance sheet total €91,558 on 31-01-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

38.1%

Higher than 47% of 37,177 companies in 2025.

1.57

Higher than 49% of 36,472 companies in 2025.

0.1%

Higher than 24% of 36,707 companies in 2025.

MD CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018201720162015
Balance sheet: assets
20/58 91,55878,74185,31187,411123,241177,845147,428149,521107,03664,19044,20733,620
21/28 4,535-02,2874,2876,2876756753,3394,3546754,126
22/27 4,535-01,6123,6125,612--2,6643,679-3,451
23 --084417751-----20
24 4,535-01,5283,1954,861--2,6643,679-3,431
28 --0675675675675675675675675675
29/58 87,02278,74185,31185,124118,954171,558146,753148,846103,69759,83643,53229,493
3 -18,10313,393---------
30/36 -18,10313,393---------
40/41 22,31534,99443,34535,84174,523141,810139,97089,24397,78159,44536,68728,700
40 20,86329,54439,17132,01663,965103,566103,68063,31478,77746,28427,99819,403
41 1,4525,4504,1743,82510,55838,24436,29025,92919,00513,1618,6909,297
54/58 9,20410,1605,3292,8762,13529,7486,78325,6035,9163914,764794
490/1 55,50315,48523,24446,40842,297--34,000--2,080-
Balance sheet: equity and liabilities
10/49 91,55878,74185,31187,411123,241177,845147,428149,521107,03664,19044,20733,620
10/15 34,84634,77434,66532,71231,93831,02825,56214,80114,68614,63011,3456,754
10/11 6,2006,2006,2006,2006,2006,200-6,2006,2006,2006,2006,200
100 -------18,60018,60018,60018,60018,600
101 -------12,40012,40012,40012,40012,400
11 ------6,200-----
1100/10 ------6,200-----
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860554
130/1 1,8601,8601,8601,8601,8601,8601,860-----
130 -------1,8601,8601,8601,860554
1311 1,8601,8601,8601,8601,8601,860------
1319 ------1,860-----
14 26,78626,71426,60524,65223,87822,96817,5026,7416,6266,5703,285-
17/49 56,71143,96750,64754,69991,304146,817121,865134,72092,35049,56032,86126,866
17 1,334-----------
170/4 1,334-----------
42/48 55,37743,96750,64754,69991,304146,817121,865134,72092,35049,56032,86126,866
43 3,850-----20-----
430/8 3,850-----20-----
44 39,75531,60338,38443,28685,271126,90694,372134,50276,69928,26515,998678
440/4 39,75531,60335,86439,40784,138113,92394,372134,50276,20428,26511,683146
441 --2,5203,8801,13212,983--495-4,315531
45 2,3442,2962,0191,4731,24719,91227,47321815,6515,70516,86326,188
450/3 2,3442,2962,0191,4731,2479703,3792181,3062,7051,723213
454/9 -----18,94124,094-14,3453,00015,14025,975
47/48 9,42810,06910,2449,9404,786----15,590--
Income statement
70 ---189,548186,462442,186190,572219,499175,528134,261142,924340,524
9900 -2,3898,3224,4904,0474,51810,53221,7023,9253,7256,63810,2099,508
60/61 ---185,538182,444435,655171,319215,574171,803127,623132,715331,016
630 41201,6122,0002,000389-2,6642,6651,8393,4516,530
640/8 1057,5143139007147947136456454965851,082
9901 -2,9068082,5651,1471,8049,34920,9896154154,3026,1731,896
75/76B 3,1171,6940--097141463-1
75 01,6940--097141463-1
76B 3,117-----------
65/66B 9097671476172,9138,0372866955711,130
65 9097671476172,9137,0672866955711,130
66B ------971-----
9903 1212,4052,4981,0001,1866,43613,9233333604,3116,102767
67/77 482,2965462262779703,1612183041,0261,510213
9904 731091,9527759105,46610,761115563,2854,591554
9905 731091,9527759105,46610,761115563,2854,591554
Appropriation of the result
9906 26,78626,71426,60524,65223,87822,96817,5026,7416,6266,5704,591554
14P 26,71426,60524,65223,87822,968-------
691/2 ----------1,306554
6920 ----------1,306554
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 24-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2026 annual accounts filed 24 days after the deadline. Filed on 24 September 2026, deadline 31 August 2026 (7 months after the close on 31 January 2026, Companies Code art. 3:10). Source: NBB, 2026-00526428.

Financial year Type Filed Reference Document
31-01-2026 micro format 24-09-2026 2026-00526428 PDF
31-01-2025 micro format 26-09-2025 2025-00515426 PDF
31-01-2024 micro format 25-09-2024 2024-00472835 PDF
31-01-2023 micro format 29-09-2023 2023-00465774 PDF
31-01-2022 micro format 13-10-2022 2022-20459156 PDF
31-01-2021 micro format 25-10-2021 2021-73000433 PDF
31-01-2020 micro format 25-09-2020 2020-55700319 PDF
31-01-2019 micro format 31-07-2019 2019-41700161 PDF
31-01-2018 micro format 04-09-2018 2018-61700332 PDF
31-01-2017 micro format 27-07-2017 2017-39700375 PDF
31-01-2016 full format 25-07-2016 2016-35600183 PDF
31-01-2015 full format 22-07-2015 2015-34800284 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018201720162015
-2,4948084,1773,1473,8049,739-3,2803,0806,1419,6248,426
4851093,5642,7752,9105,855-2,7802,7215,1248,0427,084
4,9480-675006,002-01,6505,519010,657
-9564,8322,453741-27,61322,965-18,82019,6875,524-4,3733,970-
31,64534,77434,66530,42627,65124,74124,88714,12611,34710,27610,6702,628
---0.6%1.0%2.1%11.0%0.3%0.2%3.2%4.3%0.6%
38.1%44.2%40.6%37.4%25.9%17.4%17.3%9.9%13.7%22.8%25.7%20.1%
1.571.791.681.561.301.171.201.101.121.211.321.10
1.571.381.421.561.301.171.201.101.121.211.321.10
1.631.261.461.672.864.734.779.106.293.392.903.98
0.2%0.3%5.6%2.4%2.8%17.6%42.1%0.8%0.4%22.5%40.5%8.2%
0.1%0.1%2.3%0.9%0.7%3.1%7.3%0.1%0.1%5.1%10.4%1.6%
-27.688.3562.6821.486.16-------
---62 days125 days85 days199 days105 days164 days126 days72 days21 days
---85 days171 days106 days201 days228 days163 days81 days44 days1 day

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item31-01-202631-01-202531-01-202431-01-202331-01-2022
Tangible fixed assets€4,948----
€412€0€1,612€2,000€2,000

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on MD CONSTRUCT

The operating result for 2026 is a loss of €2,906, after a profit of €808 in 2025. It is the lowest result since 2015.

Debt's share of the balance-sheet total rises from 55.8% to 61.9%. Equity and debt are higher.

Board & ownership

Mandates through the years

4 names, the dashed line is today

Director

Director

Director

Director
Earliermandate already running before its first mention
Mandates as a list
    • Director, until 31-12-2021
    • Director, appointed by deed of 15-03-2016, until 20-02-2019
    • Director, until 17-06-2015
    • Director, until 17-06-2015

See the board, name and registered office on a given date →

Control

Shareholders
, ,
and 4 others
This company
MD CONSTRUCT
Equity €34,846
Profit €73 in 2026

Capital

Contribution
€6,200
Source
2026 annual accounts

Shareholders

Stated in the deed deed of 07-03-2023 ↗
  • 138 shares
  • 7 shares
  • 7 shares
  • 7 shares
  • 7 shares
  • 20 shares
Stated in the deed deed of 20-02-2019 ↗
  • 112 shares
  • 20 shares
  • 20 shares
  • 17 shares
  • 17 shares

Office holders in the KBO →

Network & group

No group

MD CONSTRUCT has no parent and no holdings in its annual accounts.

At the same address

Halvemaanstraat 60, 1190 Forest · 3 other companies
IMMO A & T
registered office since 01-03-2008 · founded in 2007
 total assets €327,237 (2025)
0894.416.610
VIRGIL RENOVATION
registered office since 04-06-2003 · founded in 2003
 total assets €259,028 (2025)
0480.244.129
Oproiu, Octavian (sole trader)
establishment since 04-02-2020
 founded in 2026
0742.909.538

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

20 events since 2013

Deadline for the 2027 accounts: 31-08-2027

2026
Annual accounts 2026 filed NBBmicro format · 24 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0521853664
2025
Annual accounts 2025 filed PDFmicro format · 26 days late
2024
Annual accounts 2024 filed PDFmicro format · 25 days late
2023
Annual accounts 2023 filed PDFmicro format · 29 days late
Resignation: (director) is a shareholder · holds 138 shares · holds 7 shares · General meeting of 31-12-202110 points ▸
  • General meeting, 31-12-2021
  • is a shareholder
  • holds 138 shares
  • holds 7 shares
  • holds 7 shares
  • holds 7 shares
  • holds 7 shares
  • holds 20 shares
  • Director resignation,
  • Director discharge,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2022 filed PDFmicro format · 43 days late
2021
Annual accounts 2021 filed PDFmicro format · 55 days late
2020
Annual accounts 2020 filed PDFmicro format · 25 days late
Highest result from 2015 to 2026 net €10,761 ▲9,242% The operating result of €20,989 and the net result of €10,761 are both a record.
2019
Annual accounts 2019 filed PDFmicro format · 31 days before the deadline
Resignation: (director) holds 112 shares · holds 20 shares · holds 20 shares · General meeting of 31-12-20158 points ▸
  • General meeting, 31-12-2015
  • holds 112 shares
  • holds 20 shares
  • holds 20 shares
  • holds 17 shares
  • holds 17 shares
  • is a shareholder
  • Director resignation,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2018 filed PDFmicro format · 4 days late
Weakest financial year net €56 ▼98.3% The net result drops to €56, the lowest from 2015 to 2026. It recovers the following year.
2017
Annual accounts 2017 filed PDFmicro format · 35 days before the deadline
2016
Annual accounts 2016 filed PDFfull format · 37 days before the deadline
1 director appointed, 2 resignationsResignations: and · Appointment: · holds 112 shares · General meeting of 01-07-201516 points ▸
  • General meeting, 17-06-2015
  • holds 112 shares
  • holds 20 shares, mentioned twice in the deed
  • holds 20 shares, mentioned twice in the deed
  • holds 17 shares, mentioned twice in the deed
  • holds 17 shares, mentioned twice in the deed
  • is a shareholder
  • is a shareholder
  • Director resignation,
  • Director discharge,
  • Director resignation,
  • Director discharge,
  • General meeting, 01-07-2015
  • holds 105 shares
  • holds 7 shares
  • Director appointment,
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2015
Annual accounts 2015 filed PDFfull format · 40 days before the deadline
2013
First establishment Halvemaanstraat 60, Forest
Incorporation PDFpublished on 19-03-2013

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 8 March 2013, MD CONSTRUCT was incorporated.1 Turnover went from €219,499 in 2019 to €189,548 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2023

Company details

Identity

Enterprise number
0521.853.664
VAT number
BE 0521.853.664
Peppol ID
0208:0521853664
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Status
Active, normal situation
Founded
08-03-2013
Financial year
ends on 31 January
Peppol
Reachable since 05-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MD CONSTRUCT in French
Name in the Peppol Directory
MD CONSTRUCT 1589
Entity type
Legal entity

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
81210 General cleaning of buildings
Codes under NACEBEL 2008
43999 Specialised construction activities main activity
81210 General cleaning of buildings

Registered office and establishments

1 establishment
Establishment Since Unit number
Halvemaanstraat 60 registered office 1190 Forest 2553011 Machining of metals 10-04-2013 2.217.974.482

Buildings and parcels at the address

Ground area
209 m²
Buildings
389 m²
Volume, LiDAR
2,355 m³
Tallest building
12.0 m
Buildings to scale, each on its own parcel
389 m², 12.0 m 389 m², 12.0 m

Location

registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21007A0029/00W009209 m² 1 · 389 m² 12.0 m · 2

Invoicing and payment

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. Use the enterprise number 0521.853.664

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