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MESSAN CONSTRUCT GROUP

Active
Private limited companyfounded 20232 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1000.667.638
Summary

The computed 12-month bankruptcy probability of MESSAN CONSTRUCT GROUP is 2.3% (moderate). The 2024 annual accounts show equity of €116,851 and a net result of €89,069. Its solvency ranks better than 43% of 9975 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency61▼-34
Growth78
Track record82
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.53 against 3.34 in 2023; short-term debt: 64.1% and cash: 10.2% of total assets), but 64.1% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-11-2025, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
99 d late
2023
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 62 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 (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

History

MESSAN CONSTRUCT GROUP was incorporated on 3 October 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€116,851▲ 321%
2023 · €27,782
Total assets
€325,608▲ 721%
2023 · €39,655
Net result
€89,069▲ 233%
2023 · €26,782
Working capital
€110,612▲ 298%
2023 · €27,782
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€33,565-€119,989▲ 257%
Net result€26,782above the sector's middle half-€89,069above the sector's middle half▲ 233%
Equity€27,782within the sector's middle half-€116,851above the sector's middle half▲ 321%
Total assets€39,655below the sector's middle half-€325,608above the sector's middle half▲ 721%
Debt€11,872-€208,757▲ 1,658%
Working capital€27,782within the sector's middle half-€110,612above the sector's middle half▲ 298%
Solvency70.1%above the sector's middle half-35.9%within the sector's middle half▼ 34.2pp
Current ratio3.34above the sector's middle half-1.53within the sector's middle half▼ 1.81
Return on assets (ROA)67.5%above the sector's middle half-27.4%above the sector's middle half▼ 40.2pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2023: €33,565€33,565Net result 2023: €26,782€26,782Operating result 2024: €119,989€119,989Net result 2024: €89,069€89,06920232024€0€50,000€100,000Operating result 2023: €33,565€33,600Net result 2023: €26,782€26,800Operating result 2024: €119,989€120,000Net result 2024: €89,069€89,10020232024
The operating result rises in 2024; 2024 is 257% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €325,608
Fixed assets €6,239
Current assets €319,369
Equity and liabilities €325,608
Equity €116,851 ▲ 321%
Debt €208,757 ▲ 1,658%
Debt's share of the balance-sheet total rises from 29.9% to 64.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€120,940
Cash flow
€90,020
Debt to equity
1.79▲
2023 · 0.43
ROE
76.2%▼
2023 · 96.4%
Interest coverage
206.33
Debt ≤ 1 year
€208,757▲
2023 · €11,872
Income taxes
€30,335▲
2023 · €6,761
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 39,276 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 · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€39,655€325,608▲
Fixed assets21/28-€6,239
Tangible fixed assets22/27-€6,239
Furniture and vehicles24-€6,239
Current assets29/58€39,655€319,369▲
Amounts receivable within one year40/41€39,393€286,160▲
Trade receivables40€38,293€272,819▲
Other amounts receivable41€1,100€13,341▲
Cash at bank and in hand54/58€262€33,209▲
Equity and liabilities
Total equity and liabilities10/49€39,655€325,608▲
Equity10/15€27,782€116,851▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€26,782€115,851▲
Amounts payable17/49€11,872€208,757▲
Amounts payable within one year42/48€11,872€208,757▲
Trade debts44€3,749€165,737▲
Suppliers440/4€3,749€165,737▲
Taxes, remuneration and social security45€8,118€43,019▲
Taxes450/3€8,118€43,019▲
Other amounts payable47/48€5€0▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€951
Other operating charges640/8-€384
Gross operating margin9900€33,565€121,325▲
Operating profit (loss)9901€33,565€119,989▲
Financial charges65/66B€22€586▲
Recurring financial charges65€22€586▲
Profit (loss) for the period before taxes9903€33,543€119,403▲
Income taxes67/77€6,761€30,335▲
Profit (loss) for the period9904€26,782€89,069▲
Profit (loss) for the period to be appropriated9905€26,782€89,069▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,782€115,851▲
Profit (loss) brought forward from the previous period14P-€26,782

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€951-
Other operating charges640/8-€384-
Gross operating margin9900€33,565€121,325▲ 261%
Operating profit (loss)9901€33,565€119,989▲ 257%
Financial charges65/66B€22€586▲ 2,575%
Recurring financial charges65€22€586▲ 2,575%
Profit (loss) for the period before taxes9903€33,543€119,403▲ 256%
Income taxes67/77€6,761€30,335▲ 349%
Profit (loss) for the period9904€26,782€89,069▲ 233%
Profit (loss) for the period to be appropriated9905€26,782€89,069▲ 233%
Line20232024Change
Assets
Total assets20/58€39,655€325,608▲ 721%
Fixed assets21/28-€6,239-
Tangible fixed assets22/27-€6,239-
Furniture and vehicles24-€6,239-
Current assets29/58€39,655€319,369▲ 705%
Amounts receivable within one year40/41€39,393€286,160▲ 626%
Trade receivables40€38,293€272,819▲ 612%
Other amounts receivable41€1,100€13,341▲ 1,113%
Cash at bank and in hand54/58€262€33,209▲ 12,580%
Equity and liabilities
Total equity and liabilities10/49€39,655€325,608▲ 721%
Equity10/15€27,782€116,851▲ 321%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€26,782€115,851▲ 333%
Amounts payable17/49€11,872€208,757▲ 1,658%
Amounts payable within one year42/48€11,872€208,757▲ 1,658%
Trade debts44€3,749€165,737▲ 4,321%
Suppliers440/4€3,749€165,737▲ 4,321%
Taxes, remuneration and social security45€8,118€43,019▲ 430%
Taxes450/3€8,118€43,019▲ 430%
Other amounts payable47/48€5€0▼ 100%
Line20232024Change
Profit (loss) for the period9904€26,782€89,069▲ 233%
+ Depreciation and write-downs630-€951-
Operating cash flow (approximation)€26,782€90,020▲ 236%
Change in cash-€32,947-

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

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Timeline · acts, filings and financial milestones

2025
07-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 99 days late
2024
31-12
Financial Equity above €100,000Eq €116,851 ▲321%
2 profitable years in a row build equity to €116,851.
25-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
Financial 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, Kraainem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
920 m²
Volume, LiDAR
33,994 m³
2 parcels, Flanders, Wallonia · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
GROUP MESSAN
Rue Thier d'Oupeye 69, 4683 OupeyeRepair and maintenance of fabricated metal products
since 20232.350.968.907
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
62109A0261/00P002 Wallonia 308 m² 1 · 55 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,006 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
Founded03-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43211General electrical installation work
43221Plumbing work
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.