Debts
€141,558 93% of the balance sheet
Suppliers 77%Taxes and wages 6%Other 18%
MGR CONSTRUCT
Lifetime
7 annual accounts with figures on one time axispeak €168,278 (2025)
€168,278▲ 17×
lowest -€22,073 (2019)
€7,440▲ 637%
peak €10,900 (2025)
€10,900▲ 215%
€141,558▼ 28.9%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
23-09-202654 days late
2025micro format
Gross margin from €9,748 to €168,278Result from €1,010 to €7,440Equity from €3,460 to €10,900Debts from €198,967 to €141,558
Key points
from the 2025 annual accountsFilings
7 annual accounts 7 late
The 2024 accounts came latest: 137 days after the end of the period.
Position in the sector
7.1%
Lower solvency than 87% of companies in specialised construction. Sector median 46.8% · 37,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as MGR CONSTRUCT has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,250 companies, not a prediction for MGR CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- founderdeed of 08-04-2019
- founderdeed of 08-04-2019
- founderdeed of 08-04-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0724553574
Incorporation
Founders: , and · Appointments: (director) and (director) · Founder: · published on 08-04-2019 · Gazette deed
First establishment
Rue de Namur 81, Nivelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MGR CONSTRUCT Nivelles | €152,459 | €168,278 | 7.1% | - |
| PHILIPPART FLORENT Perwez | €144,371 | €208,668 | 5.0% | - |
| DEMOORVIOLA Le Roeulx | €152,478 | €209,656 | 11.3% | - |
| tpv Meerhout | €142,486 | €180,786 | 85.4% | - |
| MICAFLEX Perwez | €155,160 | €131,825 | 74.8% | - |
| DP RENOVE Waterloo | €173,335 | €120,542 | 8.1% | - |
| Total-Reno Tessenderlo | €188,437 | €143,685 | 71.3% | - |
These companies have the same main activity as MGR CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €142,000 and €188,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 04-04-2019Normal situation
- Activity
- Other building finishing workNACE 43350and 3 others
- Establishment unit
- 2.287.494.1841400 Nivelles, since 04-04-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on MGR CONSTRUCT
MGR CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€21,739 in 2019 to €168,278 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MGR CONSTRUCT
- What is the company number of MGR CONSTRUCT?
- The company number of MGR CONSTRUCT is 0724.553.574. The VAT number is the same number with BE in front: BE 0724.553.574.
- Where is MGR CONSTRUCT based?
- The registered office is at Rue de Namur 81, 1400 Nivelles.Company details
- What does MGR CONSTRUCT do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of MGR CONSTRUCT?
- Legal form of MGR CONSTRUCT: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was MGR CONSTRUCT founded?
- MGR CONSTRUCT was founded on 04-04-2019.
- Is MGR CONSTRUCT still active?
- Yes, MGR CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of MGR CONSTRUCT?
- The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €168,278 and 61 comparable companies (NACE 433). It probably lies between €390,000 and €840,000.Financials
- Is MGR CONSTRUCT profitable?
- In financial year 2025, MGR CONSTRUCT made a profit of €7,440.
- Where can I find the annual accounts of MGR CONSTRUCT?
- MGR CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MGR CONSTRUCT due?
- MGR CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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