MDH RENOV-CONSTRUCT
ActiveMDH RENOV-CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €29k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 7321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +87 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▲+54
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 0.4 in 2024), but 50.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.1%
Return on assets
49.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
54 d late
2023
27 d late
2022
86 d late
2021
102 d late
2020
152 d late
2019
143 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k
2024 · €-287
2018: €915
2019: €3k
2020: €6k
2021: €10k
2022: €10k
2023: €13k
2024: €-287
2018 → 2025
Total assets
€58k▲ 252%
2024 · €16k
2018: €6k
2019: €9k
2020: €20k
2021: €28k
2022: €13k
2023: €31k
2024: €16k
2018 → 2025
Net result
€29k
2024 · €-13k
2018: €2k
2019: €2k
2020: €3k
2021: €4k
2022: €-542
2023: €3k
2024: €-13k
2018 → 2025
Working capital
€19k
2024 · €-6k
2018: €496
2019: €2k
2020: €-4k
2021: €4k
2022: €6k
2023: €7k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€10k▼ 5.2%€13k▲ 27.1%€-287€28k
Operating result€6k-€154▼ 97.3%€5k▲ 2,980%€-12k€34k
Net result€4k-€-542€3k€-13k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €34k after a loss of €12k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€9k▼ 23.6%
Current assets
€48k▲ 1,018%
Equity and liabilities €58k
Equity
€28k
Debt
€29k
Debt finances 50.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€38k▲
2024 · €-7k
Cash flow
€33k▲
2024 · €-7k
Solvency
49.1%▲
2024 · -1.8%
Current ratio
1.65▲
2024 · 0.40
Quick ratio
1.65▲
2024 · 0.40
Debt / equity
1.04
ROE
101.0%
ROA
49.6%▲
2024 · -79.0%
Interest coverage
81.49▲
2024 · -10.24
Debt
€29k▲
2024 · €17k
Debt ≤ 1 year
€29k▲
2024 · €11k
Income taxes
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16k€58k▲
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Plant, machinery and equipment23€493€2k▲
Furniture and vehicles24€12k€8k▼
Current assets29/58€4k€48k▲
Amounts receivable within one year40/41€2k€47k▲
Trade receivables40€1k€47k▲
Other amounts receivable41€726€324▼
Cash at bank and in hand54/58€2k€990▼
Deferred charges and accrued income490/1-€507
Equity and liabilities
Total equity and liabilities10/49€16k€58k▲
Equity10/15€-287€28k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-20k€8k▲
Amounts payable17/49€17k€29k▲
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€11k€29k▲
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€4k€17k▲
Suppliers440/4€4k€17k▲
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€5k▲
Other amounts payable47/48€362€280▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼
Other operating charges640/8€368€728▲
Gross operating margin9900€-6k€39k▲
Operating profit (loss)9901€-12k€34k▲
Financial charges65/66B€720€467▼
Recurring financial charges65€654€467▼
Non-recurring financial charges66B€65-
Profit (loss) for the period before taxes9903€-13k€33k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-13k€29k▲
Profit (loss) for the period to be appropriated9905€-13k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€8k▲
Profit (loss) brought forward from the previous period14P€-7k€-20k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.65
Current ratio from 0.40 to 1.65.
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-13k ▼580%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 86 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.72
Current ratio from 1.22 to 2.72; short-term debt falls from €17k to €4k.
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 102 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mouscron · 1 establishment unit since 2015
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.
Menenstraat 207700 MouscronGround area
1.3 ha
Building footprint
780 m²
Parcel 54436A0737/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MDH RENOV-CONSTRUCT
since 20152.241.966.938
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0737/00L000 | Wallonia | 1.3 ha | 1 · 780 m² | - |
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.
Similar companies · same sector, comparable size
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ALTIVA CONSTRUCTIONS
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-01-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.