MIKE MOYAERT CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of MIKE MOYAERT CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €23k and a net result of €11k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 27711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+16
Solvency59▲+13
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 0.95 in 2024; short-term debt: 27.3% and cash: 5.6% of total assets), but 66.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.5%
Return on assets
16.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
34 d early
2024
37 d early
2023
35 d early
2022
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 92.5%
2024 · €12k
2022: €9k
2023: €10k
2024: €12k
2022 → 2025
Total assets
€67k▲ 18.2%
2024 · €57k
2022: €41k
2023: €69k
2024: €57k
2022 → 2025
Net result
€11k▲ 516%
2024 · €2k
2022: €6k
2023: €1k
2024: €2k
2022 → 2025
Working capital
€16k
2024 · €-755
2022: €4k
2023: €-4k
2024: €-755
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€9k-€10k▲ 12.9%€12k▲ 17.7%€23k▲ 92.5%
Operating result€7k-€3k▼ 47.7%€5k▲ 41.4%€17k▲ 244%
Net result€6k-€1k▼ 80.4%€2k▲ 54.8%€11k▲ 516%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 244% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€33k▼ 21.5%
Current assets
€35k▲ 126%
Equity and liabilities €67k
Equity
€23k▲ 92.5%
Debt
€45k▼ 1.1%
The debt ratio falls from 79.4% to 66.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €18k
Cash flow
€20k▲
2024 · €14k
Solvency
33.5%▲
2024 · 20.6%
Current ratio
1.89▲
2024 · 0.95
Quick ratio
1.89▲
2024 · 0.95
Debt / equity
1.98▼
2024 · 3.86
ROE
48.0%▲
2024 · 15.0%
ROA
16.1%▲
2024 · 3.1%
Interest coverage
9.15▼
2024 · 9.66
Debt
€45k▼
2024 · €45k
Debt ≤ 1 year
€18k▲
2024 · €16k
Debt > 1 year
€26k▼
2024 · €28k
Income taxes
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€57k€67k▲
Fixed assets21/28€42k€33k▼
Tangible fixed assets22/27€42k€33k▼
Furniture and vehicles24€42k€19k▼
Leasing and similar rights25-€14k
Current assets29/58€15k€35k▲
Amounts receivable within one year40/41€13k€31k▲
Trade receivables40€13k€11k▼
Other amounts receivable41€4€20k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1-€13
Equity and liabilities
Total equity and liabilities10/49€57k€67k▲
Equity10/15€12k€23k▲
Contributions10/11€3k€3k=
Reserves13€9k€20k▲
Distributable reserves133€9k€20k▲
Amounts payable17/49€45k€45k▼
Amounts payable after more than one year17€28k€26k▼
Financial debts170/4€28k€20k▼
Other amounts payable178/9-€6k
Amounts payable within one year42/48€16k€18k▲
Current portion of amounts payable after more than one year42€12k€14k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€416€0▼
Accrued charges and deferred income492/3€865€366▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€1k€17k▲
Gross operating margin9900€19k€43k▲
Operating profit (loss)9901€5k€17k▲
Financial income75/76B€156€62▼
Recurring financial income75€156€62▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€3k€14k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€11k▲
Transfer to equity691/2€2k€11k▲
To other reserves6921€2k€11k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €11k ▲516%
Operating result €17k, net result €11k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €1k ▼80.4%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudenburg · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Brugseweg 2168460 OudenburgGround area
754 m²
Building footprint
108 m²
Volume, LiDAR
451 m³
Parcel 35015A0455/00F000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MIKE MOYAERT CONSTRUCT
since 20212.325.206.794
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35015A0455/00F000 | Flanders | 754 m² | 1 · 108 m² | 7.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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JFX TOITURES
BE 0695.457.831
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Dakwerken Maertens Mathieu
BE 0749.914.324
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MANU TOITURE
BE 0774.414.544
Mouscron · Eq €23k
Of 11,137 companies in sector 43910 we hold annual accounts for 5,487. 4,048 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2021
Fiscal year end30-09
Activities, NACEBEL
43910Bricklaying and masonry work
43994Specialised construction activities
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
43410Roofing work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.