Skip to content

MEM CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsRue Plein-Vent(BLN) 10, 4837 Baelen, BelgiumKBO/BCE: BE 0800.370.952
Summary

MEM CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,483 and a net result of -€1,822. Its solvency ranks better than 95% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2025, micro format

Equity
€41,483▼ 4.2%
2024 · €43,304
Total assets
€42,533▼ 9.6%
2024 · €47,042
Net result
-€1,822▲ 72.8%
2024 · -€6,696
Working capital
€44,304
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €2,170 in 2025 against €6,565 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,170 2025 Net result-€1,822 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Solvency, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€6,565--€2,170▲ 67.0%
Net result-€6,696below the sector's middle half--€1,822below the sector's middle half▲ 72.8%
Equity€43,304within the sector's middle half-€41,483within the sector's middle half▼ 4.2%
Total assets€47,042below the sector's middle half-€42,533below the sector's middle half▼ 9.6%
Debt€3,738-€1,050▼ 71.9%
Working capital€44,304within the sector's middle half-
Solvency92.1%above the sector's middle half-97.5%above the sector's middle half▲ 5.5pp
Current ratio17.18above the sector's middle half-
Return on assets (ROA)-14.2%below the sector's middle half--4.3%below the sector's middle half▲ 9.9pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €42,533
Equity €41,483 ▼ 4.2%
Debt €1,050 ▼ 71.9%
Debt's share of the balance-sheet total falls from 7.9% to 2.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.03▼
2024 · 0.09
ROE
-4.4%▲
2024 · -15.5%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,042€42,533▼
Current assets29/58€47,042€42,533▼
Amounts receivable within one year40/41-€20,839
Other amounts receivable41-€20,839
Cash at bank and in hand54/58€47,042€21,693▼
Equity and liabilities
Total equity and liabilities10/49€47,042€42,533▼
Equity10/15€43,304€41,483▼
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€6,696-€8,517▼
Amounts payable17/49€3,738€1,050▼
Amounts payable within one year42/48€2,738-
Taxes, remuneration and social security45€2,738-
Taxes450/3€2,738-
Accrued charges and deferred income492/3€1,000€1,050▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,390-
Other operating charges640/8€772-
Gross operating margin9900-€3,403-€2,170▲
Operating profit (loss)9901-€6,565-€2,170▲
Financial income75/76B-€391
Recurring financial income75-€391
Financial charges65/66B€131€43▼
Recurring financial charges65€131€43▼
Profit (loss) for the period before taxes9903-€6,696-€1,822▲
Profit (loss) for the period9904-€6,696-€1,822▲
Profit (loss) for the period to be appropriated9905-€6,696-€1,822▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,696-€8,517▼
Profit (loss) brought forward from the previous period14P--€6,696

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,390--
Other operating charges640/8€772--
Gross operating margin9900-€3,403-€2,170▲ 36.3%
Operating profit (loss)9901-€6,565-€2,170▲ 67.0%
Financial income75/76B-€391-
Recurring financial income75-€391-
Financial charges65/66B€131€43▼ 67.3%
Recurring financial charges65€131€43▼ 67.3%
Profit (loss) for the period before taxes9903-€6,696-€1,822▲ 72.8%
Profit (loss) for the period9904-€6,696-€1,822▲ 72.8%
Profit (loss) for the period to be appropriated9905-€6,696-€1,822▲ 72.8%
Line20242025Change
Assets
Total assets20/58€47,042€42,533▼ 9.6%
Current assets29/58€47,042€42,533▼ 9.6%
Amounts receivable within one year40/41-€20,839-
Other amounts receivable41-€20,839-
Cash at bank and in hand54/58€47,042€21,693▼ 53.9%
Equity and liabilities
Total equity and liabilities10/49€47,042€42,533▼ 9.6%
Equity10/15€43,304€41,483▼ 4.2%
Contributions10/11€50,000€50,000=
Profit (loss) carried forward14-€6,696-€8,517▼ 27.2%
Amounts payable17/49€3,738€1,050▼ 71.9%
Amounts payable within one year42/48€2,738--
Taxes, remuneration and social security45€2,738--
Taxes450/3€2,738--
Accrued charges and deferred income492/3€1,000€1,050▲ 5.0%
Line20242025Change
Profit (loss) for the period9904-€6,696-€1,822▲ 72.8%
+ Depreciation and write-downs630€2,390--
Operating cash flow (approximation)-€4,306-€1,822▲ 57.7%
Change in cash--€25,349-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 12-03-2026 2026-00053134
31-12-2024 micro format 17-03-2025 2025-00049105

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,272. 13,088 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.