MHS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of MHS CONSTRUCT is 6.2% (elevated). The 2025 annual accounts show equity of €1,946 and a net result of -€3,054. Its solvency ranks better than 17% of 28051 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability50
Solvency39
Growth-
Track record67
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.09; short-term debt: 86.3% and cash: 3.1% of total assets), and 86.3% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
13.7%
Return on assets
-21.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€1,946
Total assets
€14,183
Net result
-€3,054
Working capital
-€11,135
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €14,183
Fixed assets
€13,081
Current assets
€1,101
Equity and liabilities €14,183
Equity
€1,946
Debt
€12,236
Debt finances 86.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€5,168
Cash flow
€5,087
Current ratio
0.09
Debt to equity
6.29
ROE
-156.9%
ROA
-21.5%
Interest coverage
36.35
Debt ≤ 1 year
€12,236
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,141 |
| Other operating charges640/8 | €2,700 |
| Gross operating margin9900 | €7,868 |
| Operating profit (loss)9901 | -€2,973 |
| Financial income75/76B | €62 |
| Recurring financial income75 | €62 |
| Financial charges65/66B | €142 |
| Recurring financial charges65 | €142 |
| Profit (loss) for the period before taxes9903 | -€3,054 |
| Profit (loss) for the period9904 | -€3,054 |
| Profit (loss) for the period to be appropriated9905 | -€3,054 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €14,183 | |
| Fixed assets21/28 | €13,081 | |
| Tangible fixed assets22/27 | €13,081 | |
| Plant, machinery and equipment23 | €843 | |
| Furniture and vehicles24 | €12,238 | |
| Current assets29/58 | €1,101 | |
| Amounts receivable within one year40/41 | €657 | |
| Other amounts receivable41 | €657 | |
| Cash at bank and in hand54/58 | €445 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €14,183 | |
| Equity10/15 | €1,946 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€3,054 | |
| Amounts payable17/49 | €12,236 | |
| Amounts payable within one year42/48 | €12,236 | |
| Trade debts44 | €2,115 | |
| Suppliers440/4 | €2,115 | |
| Advances received on contracts in progress46 | €4,350 | |
| Taxes, remuneration and social security45 | €2,000 | |
| Remuneration and social security454/9 | €2,000 | |
| Other amounts payable47/48 | €3,772 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€3,054 |
| + Depreciation and write-downs630 | €8,141 |
| Operating cash flow (approximation) | €5,087 |
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
Ground area
212 m²
Building footprint
65 m²
Volume, LiDAR
643 m³
Parcel 21524C0284/00M003, Brussels · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brigade Pironlaan 48, 1080 Sint-Jans-Molenbeek
since 20242.365.058.453
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0284/00M003 | Brussels | 212 m² | 1 · 65 m² | 17.3 m · 3 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.
Similar companies · same sector, comparable size
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SONN
BE 0712.825.779
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 1,260 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
Founded02-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43240Other construction installation
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.