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MB General Construction

Active
Private limited companyfounded 20242 yrs activeRue Waroquier 14, 6560 Erquelinnes, BelgiumKBO/BCE: BE 1004.160.925
Summary

MB General Construction has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,781 and a net result of €7,031. Its solvency ranks better than 79% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch ReportCompare
MB General ConstructionActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€13,133total assets 2025
Equity
€9,781
Profit
€7,031
Turnover not published (abridged schema)
Financial health
67 Healthy Checked score 2025
Bankruptcy chance 12 m
1.3%
Structure
Board
1 member
Accounts 37 d early2 of 3 deeds read
Why 67- Founded in 2024- Size: total assets €13,133- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 24-06-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 78% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength
Strong
Solvency 99
equity 74.5% of total assets
Liquidity 64
short-term debt 25.5% · cash 18.6%
Profitability 100
return on assets 53.5%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 02-2025: 1.9% 03-2025: 1.9%▲ +2.7% vs 02-2025 04-2025: 2.3%▲ +19.0% vs 03-2025 05-2025: 2.4%▲ +5.2% vs 04-2025 06-2025: 2.7%▲ +12.0% vs 05-2025 07-2025: 2.7%● 0.0% vs 06-2025 08-2025: 3.0%▲ +10.3% vs 07-2025 09-2025: 3.0%▲ +1.8% vs 08-2025 10-2025: 2.9%▼ -4.2% vs 09-2025 11-2025: 2.9%▲ +1.3% vs 10-2025 12-2025: 3.3%▲ +11.7% vs 11-2025 01-2026: 3.3%● 0.0% vs 12-2025 02-2026: 3.3%▲ +1.1% vs 01-2026 03-2026: 3.3%● 0.0% vs 02-2026 04-2026: 3.3%● 0.0% vs 03-2026 05-2026: 3.3%● 0.0% vs 04-2026 06-2026: 5.6%▲ +68.7% vs 05-2026highest value 07-2026: 1.4%▼ -74.1% vs 06-2026 08-2026: 1.4%● 0.0% vs 07-2026 09-2026: 1.4%▼ -2.7% vs 08-2026 10-2026: 1.3%▼ -7.4% vs 09-2026lowest value
  • Founded in 2024 raises the probability for this profile
  • Size: total assets €13,133 raises the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 24-06-2026) lowers the probability
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.51; short-term debt: 25.5% and cash: 18.6% of total assets), and 25.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 80%, liquidity 62%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Size: total assets €13,133
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 24-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 · 1 filing
Deviation from the deadline
2025
37 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Appointment: BRUNEBARBE Thomas Jean-Michel Guy Louis…Name change · Purpose change…
  3. Resignation: Pirotte Kévin (director)Share transfer · Director discharge…

Key points

  • Caution: Among the weakest 17% on equitysector median €58,261 · 32,352 companies €9,781 View
  • Caution: Board changedlatest change 07-05-2026 · 1 in office 1 joined · 1 left View
  • Total assets 2025first fiscal year filed €13,133 View

By topic

Financials

Fiscal year
2025
Total assets
€13,133
Profit
€7,031
Solvency
74.5%
Go to Financials

Timeline

Events
3
Since
2026
  1. 24-06-2026Annual accounts filed
  2. 07-05-2026Appointment: BRUNEBARBE Thomas Jean-Michel Guy Louis (non-statutory…
  3. 04-05-2026Resignation: Pirotte Kévin (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
03-01-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Toutes acticités liées au secteur de la construction; L’entreprise du bâtiment(immeubles…
Go to Articles of association

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