Equity
€27,965 from €50,053 in 2018
Equity fell by 44% in 7 years.
MIC CONSTRUCT
Overview
Lifetime
8 annual accounts with figures on one time axispeak -€2,412 (2019)
-€4,553▲ €4,826
lowest -€12,447 (2018)
-€4,913▲ €4,766
peak €50,053 (2018)
€27,965▼ 14.9%
€206,833▲ 0.4%
Board10 names since 2017
3 directors and 2 others
Owners
consolidates
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from -€9,379 to -€4,553Loss of €4,913Resignation: (director) 21-03Equity from €32,878 to €27,965Cash from €6,372 to €1,704
Key points
from the 2025 annual accountsLosses
-€20,061 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€206,833 88% of the balance sheet
Filings
8 annual accounts 2 late
The 2020 accounts came latest: 31 days after the end of the period.
At the same address
106 companies
Board
2 left
Directors left. Latest change 11-09-2026 · 1 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, , since 14-06-2024
Auditor,
- 100%score equity €16.1m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0680407488
2 directors resigning, 2 reappointments
Resignations: and · Permanent representatives: and · Reappointments: and · General meeting of 12-06-2026 · Gazette deed
Resignation: (director)
Permanent representative: · General meeting of 21-02-2025 · Gazette deed
1 director appointed, 1 statutory auditor appointed, 1 resignation, 1 resignation
Resignations: and (statutory auditor) · Appointments: and (statutory auditor) · Permanent representative: · General meeting of 14-06-2024 · Gazette deed
Official details
Source: KBO- Status
- Active since 24-08-2017Normal situation
- Registered office
- 107 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- “L’entreprise de tous travaux de génie civil et de construction généralement quelconques et tous…” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.267.181.2951200 Woluwe-Saint-Lambert, since 24-08-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- -€4,553▲ 51.5%
- €4,913▼ 49.2%
- €27,965▼ 14.9%
- €234,798▼ 1.7%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Companies linked to MIC CONSTRUCT
Parent and group
Insights on MIC CONSTRUCT
MIC CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from -€6,742 in 2018 to -€4,553 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 01-07-2026, 30 days before the deadline-€4,553
▲ €4,826
-€4,553
▲ €4,826
-€4,913
▲ €4,766
-€204,620
▼ €4,913
11.9%
▼ 1.8 percentage points
0.01
▼ 0.02
Turnover: not included in this filing.
Balance sheet
balance sheet total €234,798 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
234,798 | 238,957 | 243,682 | 249,840 | 9.1m | 9.2m | 9.1m | 295,357 | |
21/28 |
232,585 | 232,585 | 232,585 | 232,585 | 8.2m | 232,585 | 232,585 | 232,585 | |
28 |
232,585 | 232,585 | 232,585 | 232,585 | 8.2m | 232,585 | 232,585 | 232,585 | |
280/1 |
- | - | - | - | 8.2m | - | - | - | |
280 |
- | - | - | - | 232,585 | - | - | - | |
281 |
- | - | - | - | 8.0m | - | - | - | |
29/58 |
2,213 | 6,372 | 11,097 | 17,254 | 919,042 | 9.0m | 8.9m | 62,772 | |
40/41 |
509 | - | 5,000 | 5,000 | 671,000 | 8.9m | 8.8m | 56,573 | |
40 |
- | - | - | - | - | 81,129 | - | - | |
41 |
509 | - | 5,000 | 5,000 | 671,000 | 8.8m | 8.8m | 56,573 | |
54/58 |
1,704 | 6,372 | 6,097 | 12,254 | 248,042 | 43,562 | 37,698 | 6,056 | |
490/1 |
- | - | - | - | - | 26,533 | 73,287 | 143 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
234,798 | 238,957 | 243,682 | 249,840 | 9.1m | 9.2m | 9.1m | 295,357 | |
10/15 |
27,965 | 32,878 | 42,556 | 48,027 | 40,340 | 34,786 | 43,625 | 50,053 | |
10/11 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | |
10 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | - | - | - | |
100 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | |
14 |
-34,535 | -29,622 | -19,944 | -14,474 | -22,160 | -27,714 | -18,875 | -12,447 | |
17/49 |
206,833 | 206,079 | 201,126 | 201,813 | 9.1m | 9.2m | 9.1m | 245,304 | |
17 |
- | - | - | - | 8.9m | 180,000 | 180,000 | 180,000 | |
178/9 |
- | - | - | - | 8.9m | 180,000 | 180,000 | 180,000 | |
42/48 |
206,833 | 206,079 | 201,126 | 201,813 | 189,827 | 9.0m | 8.9m | 61,320 | |
43 |
- | - | - | - | - | - | - | 352 | |
430/8 |
- | - | - | - | - | - | - | 352 | |
44 |
6,833 | 6,079 | 1,126 | 1,813 | - | 4,108 | - | 968 | |
440/4 |
6,833 | 6,079 | 1,126 | 1,813 | - | 4,108 | - | 968 | |
47/48 |
200,000 | 200,000 | 200,000 | 200,000 | 189,827 | 9.0m | 8.9m | 60,000 | |
492/3 |
- | - | - | - | 68,340 | - | - | 3,984 | |
| Income statement | |||||||||
9900 |
-4,553 | -9,379 | -5,170 | -3,519 | - | -5,905 | -2,412 | -6,742 | |
60/66A |
- | - | - | - | 2,449 | - | - | - | |
60/61 |
- | - | - | - | - | - | - | 6,742 | |
61 |
- | - | - | - | 2,449 | - | - | - | |
640/8 |
- | - | - | - | - | 225 | 348 | 781 | |
9901 |
-4,553 | -9,379 | -5,170 | -3,519 | -2,449 | -6,130 | -2,759 | -7,523 | |
75/76B |
- | - | - | 127,749 | 300,737 | 361,718 | 296,104 | 56,573 | |
75 |
- | - | - | 127,749 | 300,737 | 361,718 | 296,104 | 56,573 | |
750 |
- | - | - | - | 203,495 | - | - | - | |
752/9 |
- | - | - | - | 97,242 | - | - | - | |
65/66B |
360 | 300 | 300 | 116,544 | 292,733 | 364,427 | 299,773 | 61,497 | |
65 |
360 | 300 | 300 | 116,544 | 292,733 | 364,427 | 299,773 | 61,497 | |
650 |
- | - | - | - | 194,673 | - | - | - | |
652/9 |
- | - | - | - | 98,060 | - | - | - | |
9903 |
-4,913 | -9,679 | -5,470 | 7,687 | 5,554 | -8,839 | -6,428 | -12,447 | |
9904 |
-4,913 | -9,679 | -5,470 | 7,687 | 5,554 | -8,839 | -6,428 | -12,447 | |
9905 |
-4,913 | -9,679 | -5,470 | 7,687 | 5,554 | -8,839 | -6,428 | -12,447 | |
| Appropriation of the result | |||||||||
9906 |
-34,535 | -29,622 | -19,944 | -14,474 | -22,160 | -27,714 | -18,875 | -12,447 | |
14P |
-29,622 | -19,944 | -14,474 | -22,160 | -27,715 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00243055 | |
| 31-12-2024 | full format | 01-07-2025 | 2025-00219630 | |
| 31-12-2023 | full format | 12-07-2024 | 2024-00245418 | |
| 31-12-2022 | full format | 14-07-2023 | 2023-00263681 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20415176 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-62600131 | |
| 31-12-2019 | full format | 09-07-2020 | 2020-29800572 | |
| 31-12-2018 | full format | 19-07-2019 | 2019-35400199 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | 232,585 | ||
| -4,668 | 275 | -6,157 | -235,788 | 204,480 | 5,864 | 31,643 | - | ||
| -204,620 | -199,707 | -190,029 | -184,559 | 729,216 | -17,799 | -8,961 | 1,451 | ||
| 11.9% | 13.8% | 17.5% | 19.2% | 0.4% | 0.4% | 0.5% | 16.9% | ||
| 0.01 | 0.03 | 0.06 | 0.09 | 4.84 | 1.00 | 1.00 | 1.02 | ||
| 7.40 | 6.27 | 4.73 | 4.20 | - | - | - | 4.90 | ||
| -17.6% | -29.4% | -12.9% | 16.0% | 13.8% | -25.4% | -14.7% | -24.9% | ||
| -2.1% | -4.1% | -2.2% | 3.1% | 0.1% | -0.1% | -0.1% | -4.2% | ||
| - | - | - | - | - | - | - | 52 days |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Auditor
fees| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | - | - | - | - | €1,166 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Insights on MIC CONSTRUCT
The operating result for 2025 is a loss of €4,553, smaller than the loss of €9,379 in 2024.
Debt's share of the balance-sheet total rises from 86.2% to 88.1%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, 1 auditor, no change since September 2026Director, permanent representative
since 14-06-2024
term until 11-06-2027
listed in the 2025 annual accounts, filed on 01-07-2026
Statutory auditor, permanent representative
since 14-06-2024
term until 11-06-2027
listed in the 2025 annual accounts, filed on 01-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Two directors jointlydeed of 10-07-2023
Permanent representatives 1
Mandates through the years
10 names, the dashed line is todayDirector
Statutory auditor
Director
Director
Director
Statutory auditor
Director
Statutory auditor
Director
Director
BoardEarlierRest of the termend not dated
Mandates as a list
-
- Director, from 14-06-2024 to date
-
- Statutory auditor, from 14-06-2024 to date
-
- Director, appointed by deed of 15-09-2023, until 11-09-2026
-
- Director, from 23-08-2017 to 11-09-2026
-
- Director, from 23-08-2017 to 31-10-2024
-
- Statutory auditor, from 11-06-2021 to 31-10-2024
-
- Director, from 23-08-2017 to 14-06-2024
-
- Statutory auditor, appointed by deed of 08-03-2019, until 11-05-2022
-
- Director, from 23-08-2017, no longer listed in the 2025 annual accounts
-
- Director, from 23-08-2017, no longer listed in the 2025 annual accounts
Control
Parent
Equity €16.1m
Profit €10.0m in 2025 (profit €5.0m in 2024)
Checked score
Source: accounts 2025
100%
This company
MIC CONSTRUCT
Equity €27,965
Loss €4,913 in 2025
Further up the chain 52.78%
Capital
- Capital
- €62,500
- Shares
- 250
- Contribution per share
- €250
- Equity per share
- €112 in 2025
- Source
- 2025 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
-
- 2017 to 2019: 99.6%
- 2020 to 2024: 100%
- 2025: consolidates
Source: parent in its own accounts, lists of holdings in the owners' accounts
Articles of association
deed of 10-07-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 18:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale qui délibère de la manière requise par la loi,ou dans les cas prévus par la loi”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Tous les pouvoirs prévus à l'article 2:87 du Code des sociétés et des associations,sans autorisation spéciale, assemblée générale peut…”
Capital transactions
Shareholders according to the deeds
At incorporation
deed of 28-08-2017 ↗
- 249 shares (99.6%)
- 1 share (0.4%)
Capital over time
- 10-07-2023 Capital stated in the deed · €250,000 · 250 shares
- 28-08-2017 Incorporation · €250,000 · 250 shares
Network & group
Holdings
own 2025 accountsThis companyMIC CONSTRUCT1 holding, 1 country
2025 accounts
Asia and Oceania 1 Equity Result
- QA QAR 3.2m result -QAR 23.2m
Source: list of holdings in its own 2025 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2025, in their own currency.
Part of the group
Parent
Belgium · 100% of the shares · equity €16.1m · profit €10.0m (2025)
At the same address
Gemeenschappenlaan 100, 1200 Woluwe-Saint-Lambert · 106 other companies| N.V. BESIX S.A.
registered office since 01-12-1973 · founded in 1973 · group BESIX Group |
809 FTE (2025) 0413.630.071 |
| BESIX Group
registered office since 01-01-1909 · founded in 1909 |
turnover €9.3m (2025) 0400.459.154 |
| BRAVO4 SPV
registered office since 05-04-2024 · founded in 2024 |
total assets €313.2m (2025) 1008.084.772 |
| BESIX Real Estate Development
registered office since 07-10-1988 · founded in 1988 · group BESIX Group |
turnover €11.8m (2025) 0435.351.341 |
| FOSTER SPV
registered office since 27-04-2023 · founded in 2023 |
total assets €131.7m (2025) 0801.212.080 |
| Entreprises Jacques Delens
registered office since 01-01-1967 · founded in 1968 · group BESIX Group |
141 FTE (2025) 0400.471.428 |
| LE CÔTE VERRE
registered office since 29-03-2007 · founded in 2007 |
total assets €49.3m (2025) 0888.978.175 |
| LES JARDINS DE COURBEVOIE
registered office since 01-08-2010 · founded in 2010 |
turnover €13.9m (2025) 0827.687.835 |
| GELATINES PROPERTIES
registered office since 07-04-2021 · founded in 2021 |
total assets €27.2m (2025) 0766.451.537 |
| BESIX Real Estate Development Properties
registered office since 30-11-1992 · founded in 1992 |
total assets €23.3m (2025) 0448.788.613 |
Earlier ties
via , at MIC CONSTRUCT, last mentioned in 2017 · Director · deed of 15-06-2026 founded in 2004 |
total assets €134.9m (2025) |
via , at MIC CONSTRUCT, last mentioned in 2017 · Director · deed of 03-02-2021 founded in 1989 |
17 FTE (2025) |
via , at MIC CONSTRUCT, last mentioned in 2017 · Permanent representative · deed of 12-07-2024 founded in 2020 |
total assets €771,116 (2025) |
via , at MIC CONSTRUCT, last mentioned in 2017 · Chair · deed of 02-04-2025 |
founded in 2009 |
via , at MIC CONSTRUCT, last mentioned in 2017 · Director · deed of 19-05-2021 No longer active · founded in 2001 |
total assets €1.6m (2024) |
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
-
100%
Holdings through the years 2018 to 2025
| Name | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| 100% | ||||||||
Source: list of holdings in its own accounts
Connections & network
This company
Company
Director
Shareholding
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Timeline
Timeline
23 events since 2017Board
Capital
Filings
Financial
Establishments
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0680407488
2 directors resigning, 2 reappointmentsResignations: and · Permanent representatives: and · Reappointments: and · General meeting of 12-06-20267 points ▸
- General meeting, 12-06-2026
- Director resignation,
- Permanent representative,
- Director resignation,
- Permanent representative,
- Director reappointment,
- Director reappointment,
Annual accounts 2025 filed NBBabbreviated format
2025
Annual accounts 2024 filed PDFfull format · 30 days before the deadline
Resignation: (director)Permanent representative: · General meeting of 21-02-20254 points ▸
- General meeting, 21-02-2025
- General meeting, 14-06-2024
- Director resignation,
- Permanent representative,
- The deed holds 1 more point.
2024
1 director appointed, 1 statutory auditor appointed, 1 resignation, 1 resignationResignations: and (statutory auditor) · Appointments: and (statutory auditor) · Permanent representative: · General meeting of 14-06-20246 points ▸
- General meeting, 14-06-2024
- Director resignation,
- Director appointment,
- Permanent representative,
- Auditor resignation, (statutory auditor)
- Auditor appointment, (statutory auditor)
Annual accounts 2023 filed PDFfull format · 19 days before the deadline
2023
3 directors appointed, and · Permanent representatives: , and · General meeting of 30-06-20237 points ▸
- General meeting, 30-06-2023
- Director appointment,
- Director appointment,
- Director appointment,
- Permanent representative,
- Permanent representative,
- Permanent representative,
- The deed holds 1 more point.
Annual accounts 2022 filed PDFfull format · 17 days before the deadline
Amendment of the articlesGeneral meeting of 28-06-20232 points ▸
- General meeting, 28-06-2023
- Capital, €250,000, 250 shares
- The deed holds 1 more point.
2022
Highest result from 2018 to 2025 net €7,687 ▲38.4% The net result of €7,687 is the highest of those years.
Annual accounts 2021 filed PDFfull format · 31 days late
Reappointment: (statutory auditor)General meeting of 25-06-20212 points ▸
- General meeting, 25-06-2021
- Auditor reappointment, (statutory auditor)
2021
Back to profit net €5,554 The net result is €5,554, after 3 loss-making years.
Liquidity more than quadruples current ratio 4.84 The current ratio rises from 1.00 to 4.84. Short-term debt falls from €9.0m to €189,827.
Annual accounts 2020 filed PDFfull format · 31 days late
2020
3 directors reappointed, and · General meeting of 12-06-20204 points ▸
- General meeting, 12-06-2020
- Director reappointment,
- Director reappointment,
- Director reappointment,
- The deed holds 1 more point.
Annual accounts 2019 filed PDFfull format · 22 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · 12 days before the deadline
Appointment: (statutory auditor)General meeting of 23-01-20192 points ▸
- General meeting, 23-01-2019
- Auditor appointment, (statutory auditor)
2018
Powers of attorney: , and 6 othersBoard meeting of 18-12-20179 points ▸
- Board meeting, 18-12-2017
- Power of attorney, , mentioned 7 times in the deed
- Power of attorney, , mentioned 6 times in the deed
- Power of attorney, , mentioned 6 times in the deed
- Power of attorney, , mentioned 6 times in the deed
- Power of attorney, , mentioned 6 times in the deed
- Power of attorney, , mentioned 3 times in the deed
- Power of attorney, , mentioned 3 times in the deed
- Power of attorney,
- The deed holds 1 more point.
2017
IncorporationFounding capital of €250,000, 250 shares, €62,500 paid up · Founders: and · Appointments: , . and · published on 28-08-20177 points ▸
- Founder,
- Founder,
- Capital, €250,000, 250 shares
- Founding capital, €250,000, 250 shares
- Director appointment,
- Director appointment, .
- Director appointment,
- The deed holds 4 more points.
First establishment -, Gemeenschappenlaan 100, Woluwe-Saint-Lambert
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0680.407.488
- VAT number
- BE 0680.407.488
- Peppol ID
- 0208:0680407488
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 24-08-2017
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 18:00deed of 10-07-2023 (in French)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MIC CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 10-07-2023 (in French)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’entreprise de tous travaux de génie civil et de construction généralement quelconques et tous travaux spéciaux connexes,ainsi que toute…”deed of 10-07-2023 (in French)
2 activities
- L’entreprise de tous travaux de génie civil et de construction généralement quelconques et tous travaux spéciaux connexes,ainsi que toute exploitation ou opération mobilière,immobilière ou commerciale concourant à la réalisation de cet objet
- La prise de participation,sous quelque forme que ce soit,dans des entreprises belges ou étrangères,l’acquisition par achat,souscription ou de toute autre manière,de valeurs mobilières de toutes espèces,la gestion et la mise en valeur de son portefeuille,la participation à la création et au développement de toutes sociétés,leur prêter son concours notamment par des conseils techniques,juridiques ou financiers ou en assumant des mandats de gérant,d’administrateur,de direction ou de management
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| - registered office Gemeenschappenlaan 100, 1200 Woluwe-Saint-Lambert 64210 Activities of holding companies | 24-08-2017 | 2.267.181.295 |
Buildings and parcels at the address
- Ground area
- 2,591 m²
- Buildings
- 1,070 m²
- Volume, LiDAR
- 24,738 m³
- Tallest building
- 27.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21018A0151/00E000 | 2,591 m² | 1 · 1,070 m² | 27.7 m · 8 |