Mega Construct
Open bankruptcyA bankruptcy procedure is open for Mega Construct according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS. The 2020 annual accounts show equity of €29k and a net result of €15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-08-2021, 3 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d late
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€106k▼ 18.5%
2019 · €130k
2019: €130k
2019 → 2020
EBIT margin
18.6%▲ 7.7pp
2019 · 10.9%
2019: 10.9%
2019 → 2020
Net result
€15k▲ 77.4%
2019 · €8k
2019: €8k
2019 → 2020
Working capital
€32k▲ 183%
2019 · €11k
2019: €11k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Turnover€130k-€106k▼ 18.5%
Equity€14k-€29k▲ 101%
Operating result€14k-€20k▲ 39.3%
Net result€8k-€15k▲ 77.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 39% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €66k
Fixed assets
€3k▼ 17.8%
Current assets
€64k▲ 64.5%
Equity and liabilities €66k
Equity
€29k▲ 101%
Debt
€37k▲ 36.1%
The debt ratio falls from 65.5% to 56.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▲
2019 · €17k
Cash flow
€18k▲
2019 · €11k
Solvency
43.8%▲
2019 · 34.5%
Current ratio
2.03▲
2019 · 1.42
Quick ratio
2.03▲
2019 · 1.42
Debt / equity
0.20▲
2019 · 0.00
ROE
50.2%▼
2019 · 56.9%
ROA
22.0%▲
2019 · 19.7%
Debt
€37k▲
2019 · €27k
Debt ≤ 1 year
€31k▲
2019 · €27k
Debt > 1 year
€6k▲
2019 · €0
Income taxes
€3k▲
2019 · €2k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€42k€66k▲
Formation expenses20€0€0=
Fixed assets21/28€3k€3k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€3k€0▼
Financial fixed assets28€0€3k▲
Current assets29/58€39k€64k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€38k€64k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€42k€66k▲
Equity10/15€14k€29k▲
Contributions10/11€6k-
Reserves13€8k€23k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€0€0=
Amounts payable17/49€27k€37k▲
Amounts payable after more than one year17€0€6k▲
Amounts payable within one year42/48€27k€31k▲
Trade debts44€1k€0▼
Income statement
Code20192020
Turnover70€130k€106k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€21k€23k▲
Operating profit (loss)9901€14k€20k▲
Recurring financial income75€0€0=
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€11k€18k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€8k€15k▲
Profit (loss) for the period to be appropriated9905€8k€15k▲
Appropriation of the result
Return on contributions (dividend)694€0€0=
Timeline · acts, filings and financial milestones
2022
19-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · MEGA CONSTRUCT BV DOORNZELE DRIES 44, 9940 EVERGEM · event 13-09-2022
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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, Evergem · 1 establishment unit since 2018
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.
Doornzele Dries 449940 EvergemGround area
507 m²
Building footprint
142 m²
Volume, LiDAR
594 m³
Parcel 44019A0762/00G000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mega Construct
since 20182.290.753.186
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A0762/00G000 | Flanders | 507 m² | 1 · 142 m² | 7.6 m · 1 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
13-09-2022 → present |
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-05-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
41001General construction of residential buildings
43350Other building finishing work
53200Other postal and courier activities
81230Other cleaning activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.