Staff
6.1 FTE from 14.8 in 2017
Between 2017 and 2025, 59% of the full-time equivalents disappeared.
MDH CONSTRUCT
Lifetime
17 annual accounts with figures on one time axispeak €647,637 (2018)
€312,609▲ 12.9%
lowest -€30,096 (2018)
€42▼ 99.7%
peak €243,705 (2017)
€238,741unchanged
€146,065▲ 447%
peak 14.8 FTE (2017)
-not published
Board2 names since 2009
2 directorsNOSSIN Jean-François and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €276,910 to €312,609Result from €15,585 to €42Debts from €26,686 to €146,065
Key points
from the 2025 annual accountsChecked score
81
Excellent
Financially stronger than 39% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%▲ +0.1 percentage points vs 01-2025
03-2025: 0.3%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.5%▼ -0.3 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Liquidity: current ratio 2.63, cash €3,632
lowers risk
Founded in 2009
Equity €238,741 (62.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 71% of them on solvency, 29% on liquidity, 23% on profitability and 35% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as MDH CONSTRUCT has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MDH CONSTRUCT itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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% |
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 10,904 companies, not a prediction for MDH 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 of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.63 (10.11 in 2024), above the usual 1.5. Short-term debt is 38% and cash 0.9% of total assets. 38% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
86 days early
2023
54 days early
2022
35 days early
2021
11 days early
2020
32 days early
2019
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810811023
Changes of role: NOSSIN Joseph (director) and NOSSIN Jean-François (director)
Director discharge: NOSSIN Joseph · Director discharge: NOSSIN Jean-François · General meeting of 13-11-2023 · Gazette deed
Registered office moved from Hannut to Waremme
New registered office: rue des marais 31/C à 4300 Waremme · Previous registered office: Rue Emile Roder 2 A 4280 Hannut · General meeting of 03-06-2019 · Gazette deed
First establishment
Rue de France 11, Hannut
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MDH CONSTRUCT Waremme | €384,806 | €312,609 | 62.0% | - |
| BEN KAISER Eupen | €435,794 | €290,152 | 48.3% | - |
| BATIMEENS Herve | €346,788 | €356,700 | 89.2% | - |
| RENOHUTTE Namur | €384,518 | €294,215 | 38.2% | - |
| BETNAHRIN Mechelen | €389,796 | €352,624 | 49.4% | - |
| SOGLE GROUP Schaerbeek | €376,354 | €278,734 | 52.1% | - |
| Dirk Goossens Alg. bouw-karweiwerken Lier | €430,132 | €298,774 | -28.0% | 6.3 |
These companies have the same main activity as MDH CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €347,000 and €436,000, founded between 2008 and 2011.
Official details
Source: KBO- Status
- Active since 31-03-2009Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 6 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.177.467.3814280 Hannut, since 15-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €710,000estimated
- €384,806▲ 45.0%
- Employeeson 31-12-2025
- 7▲ 16.7%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on MDH CONSTRUCT
MDH CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €205,015 in 2009 to €312,609 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MDH CONSTRUCT
- What is the company number of MDH CONSTRUCT?
- The company number of MDH CONSTRUCT is 0810.811.023. The VAT number is the same number with BE in front: BE 0810.811.023.
- Where is MDH CONSTRUCT based?
- The registered office is at Rue des Marais 31, 4300 Waremme.Company details
- What does MDH CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MDH CONSTRUCT?
- MDH CONSTRUCT is a private limited company (BV).
- When was MDH CONSTRUCT founded?
- MDH CONSTRUCT was founded on 31-03-2009.
- Is MDH CONSTRUCT still active?
- Yes, MDH CONSTRUCT is an active enterprise in the KBO register.
- How many employees does MDH CONSTRUCT have?
- MDH CONSTRUCT had an average of 6.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MDH CONSTRUCT fall under?
- In its 2025 annual accounts, MDH CONSTRUCT states joint committee 124 (Construction).
- What is the turnover of MDH CONSTRUCT?
- The turnover in financial year 2025 is ≈ €710,000. This figure is estimated from the gross margin of €312,609 and 56 comparable companies (NACE 41001). It probably lies between €570,000 and €1.1m. In financial year 2019 turnover was €220,374.
- Is MDH CONSTRUCT profitable?
- In financial year 2025, MDH CONSTRUCT made a profit of €42.
- Where can I find the annual accounts of MDH CONSTRUCT?
- MDH CONSTRUCT filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MDH CONSTRUCT due?
- MDH CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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