Men2Build
ActiveThe file of Men2Build contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The annual accounts of Men2Build for fiscal year 2025 show a net loss of 92% of total assets and of 94% of the equity at the start of that year. The computed 12-month bankruptcy probability is 3.2% (moderate). The 2025 annual accounts show equity of €2,817 and a net result of -€44,014. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 7564 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency31▼-50
Growth52▼-26
Track record79
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 2.11 in 2024; short-term debt: 94.1% and cash: 0.8% of total assets), and 94.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.9%
Return on assets
-91.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7564 sector peers (2025).
NBB · sector comparisonPosition among 7564 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-01-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
12 d early
2023
241 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 69 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€2,817▼ 94.0%
2024 · €46,830
Total assets
€48,023▼ 42.8%
2024 · €83,961
Net result
-€44,014
2024 · €46,509
Working capital
-€935
2024 · €41,372
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result-€2,076-€43,640-€30,613
Net result-€2,179-€46,509-€44,014
Equity€321-€46,830▲ 14,483%€2,817▼ 94.0%
Total assets€24,090-€83,961▲ 249%€48,023▼ 42.8%
Debt€23,769-€37,130▲ 56.2%€45,207▲ 21.8%
Working capital-€6,977-€41,372-€935
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €30,613 after €43,640 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,023
Fixed assets
€3,752 ▼ 31.3%
Current assets
€44,271 ▼ 43.6%
Equity and liabilities €48,023
Equity
€2,817 ▼ 94.0%
Debt
€45,207 ▲ 21.8%
Debt's share of the balance-sheet total rises from 44.2% to 94.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€28,906▼
2024 · €45,480
Cash flow
-€42,307▼
2024 · €48,349
Current ratio
0.98▼
2024 · 2.11
Debt to equity
16.05▲
2024 · 0.79
ROA
-91.7%▼
2024 · 55.4%
Interest coverage
-3.84▼
2024 · 173.34
Debt ≤ 1 year
€45,207▲
2024 · €37,130
Income taxes
€8,962
A ratio outside any meaningful range has been withheld (balance sheet total €48,023, equity €2,817).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 759 companies that looked in July 2024 the way this one looks now, 7.5% went bankrupt within 24 months and 86% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
7.5%
went bankrupt
4.5%
stopped otherwise
86%
still going
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 759 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
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,371 | €1,840 | €1,706 | ▼ 7.3% |
| Other operating charges640/8 | €982 | - | €233 | - |
| Non-recurring operating charges66A | €6,050 | - | - | - |
| Gross operating margin9900 | €6,327 | €45,480 | -€28,673 | ▼ 163% |
| Operating profit (loss)9901 | -€2,076 | €43,640 | -€30,613 | ▼ 170% |
| Financial income75/76B | €445 | €3,131 | €3,096 | ▼ 1.1% |
| Recurring financial income75 | €445 | €3,131 | €3,096 | ▼ 1.1% |
| Financial charges65/66B | €548 | €262 | €7,535 | ▲ 2,772% |
| Recurring financial charges65 | €548 | €262 | €7,535 | ▲ 2,772% |
| Profit (loss) for the period before taxes9903 | -€2,179 | €46,509 | -€35,052 | ▼ 175% |
| Income taxes67/77 | - | - | €8,962 | - |
| Profit (loss) for the period9904 | -€2,179 | €46,509 | -€44,014 | ▼ 195% |
| Profit (loss) for the period to be appropriated9905 | -€2,179 | €46,509 | -€44,014 | ▼ 195% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24,090 | €83,961 | €48,023 | ▼ 42.8% |
| Fixed assets21/28 | €7,298 | €5,458 | €3,752 | ▼ 31.3% |
| Intangible fixed assets21 | €0 | - | - | - |
| Tangible fixed assets22/27 | €7,298 | €5,458 | €3,752 | ▼ 31.3% |
| Plant, machinery and equipment23 | €6,691 | €5,025 | €3,492 | ▼ 30.5% |
| Furniture and vehicles24 | €606 | €433 | €260 | ▼ 40.0% |
| Current assets29/58 | €16,793 | €78,503 | €44,271 | ▼ 43.6% |
| Amounts receivable within one year40/41 | €16,263 | €74,270 | €40,776 | ▼ 45.1% |
| Trade receivables40 | €10,025 | €2,903 | €1,000 | ▼ 65.5% |
| Other amounts receivable41 | €6,238 | €71,367 | €39,776 | ▼ 44.3% |
| Cash at bank and in hand54/58 | €85 | €1,102 | €401 | ▼ 63.6% |
| Deferred charges and accrued income490/1 | €445 | €3,131 | €3,095 | ▼ 1.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24,090 | €83,961 | €48,023 | ▼ 42.8% |
| Equity10/15 | €321 | €46,830 | €2,817 | ▼ 94.0% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€2,179 | €44,330 | €317 | ▼ 99.3% |
| Amounts payable17/49 | €23,769 | €37,130 | €45,207 | ▲ 21.8% |
| Amounts payable within one year42/48 | €23,769 | €37,130 | €45,207 | ▲ 21.8% |
| Trade debts44 | €22,480 | €33,718 | €5,237 | ▼ 84.5% |
| Suppliers440/4 | €22,480 | €33,718 | €5,237 | ▼ 84.5% |
| Taxes, remuneration and social security45 | €1,289 | €3,412 | €18,091 | ▲ 430% |
| Taxes450/3 | €1,289 | €3,412 | €18,091 | ▲ 430% |
| Other amounts payable47/48 | - | - | €21,879 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,179 | €46,509 | -€44,014 | ▼ 195% |
| + Depreciation and write-downs630 | €1,371 | €1,840 | €1,706 | ▼ 7.3% |
| Operating cash flow (approximation) | -€808 | €48,349 | -€42,307 | ▼ 188% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €1,017 | -€701 | ▼ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-05-2026
09-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-04-2026
10-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€44,014
Net result drops to -€44,014, the lowest in the series.
19-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 241 days late
30-06
Financial
Back to profitnet €46,509
Net result €46,509 after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 2.11
Current ratio from 0.71 to 2.11.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Wommelgem · 1 establishment unit since 2021
Ground area
1.0 ha
Building footprint
2,289 m²
Volume, LiDAR
25,507 m³
Parcel 11052C0585/00T002, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
278
companies at this address
See who is registered here
1 establishment unit
Men2Build
since 20212.326.259.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 | KLAAS KOENTGES BROEDERMINSTRAAT 9,
2018 ANTWERPEN 1 |
02-04-2026 → 28-05-2026 |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 4,394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43990Other specialised construction activities
47120Other non-specialised retail sale
73110Advertising agencies
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777705121
Registered
28-09-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.