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MIP CONSTRUCT

Active
Private limited companyfounded 20251 yr activeEgemstraat 47, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 1018.680.637
Summary

The computed 12-month bankruptcy probability of MIP CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €3,056 and a net result of €1,056. Its solvency ranks better than 66% of 7524 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability57
Solvency83
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 1 year 0 10 y
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 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
11 d early
← before the deadline after the deadline →
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

On 14 January 2025, MIP CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,056
Total assets
€5,249
Net result
€1,056
Working capital
€1,951

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €5,249
Fixed assets €1,104
Current assets €4,144
Equity and liabilities €5,249
Equity €3,056
Debt €2,193
Debt finances 41.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€4,578
Cash flow
€1,290
Current ratio
1.89
Debt to equity
0.72
ROE
34.5%
ROA
20.1%
Interest coverage
1.51
Debt ≤ 1 year
€2,193
Income taxes
€264
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€5,249
Fixed assets21/28€1,104
Tangible fixed assets22/27€1,104
Furniture and vehicles24€1,104
Current assets29/58€4,144
Amounts receivable within one year40/41€2,585
Other amounts receivable41€2,585
Cash at bank and in hand54/58€1,560
Equity and liabilities
Total equity and liabilities10/49€5,249
Equity10/15€3,056
Contributions10/11€2,000
Profit (loss) carried forward14€1,056
Amounts payable17/49€2,193
Amounts payable within one year42/48€2,193
Trade debts44€1,929
Suppliers440/4€1,929
Taxes, remuneration and social security45€264
Taxes450/3€264
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235
Gross operating margin9900€4,578
Operating profit (loss)9901€4,343
Financial charges65/66B€3,024
Recurring financial charges65€3,024
Profit (loss) for the period before taxes9903€1,320
Income taxes67/77€264
Profit (loss) for the period9904€1,056
Profit (loss) for the period to be appropriated9905€1,056
Appropriation of the result
Profit (loss) to be appropriated9906€1,056

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235
Gross operating margin9900€4,578
Operating profit (loss)9901€4,343
Financial charges65/66B€3,024
Recurring financial charges65€3,024
Profit (loss) for the period before taxes9903€1,320
Income taxes67/77€264
Profit (loss) for the period9904€1,056
Profit (loss) for the period to be appropriated9905€1,056
Line2025
Assets
Total assets20/58€5,249
Fixed assets21/28€1,104
Tangible fixed assets22/27€1,104
Furniture and vehicles24€1,104
Current assets29/58€4,144
Amounts receivable within one year40/41€2,585
Other amounts receivable41€2,585
Cash at bank and in hand54/58€1,560
Equity and liabilities
Total equity and liabilities10/49€5,249
Equity10/15€3,056
Contributions10/11€2,000
Profit (loss) carried forward14€1,056
Amounts payable17/49€2,193
Amounts payable within one year42/48€2,193
Trade debts44€1,929
Suppliers440/4€1,929
Taxes, remuneration and social security45€264
Taxes450/3€264
Line2025
Profit (loss) for the period9904€1,056
+ Depreciation and write-downs630€235
Operating cash flow (approximation)€1,290

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

2026
20-07
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, Erpe-Mere · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
773 m²
Building footprint
243 m²
Volume, LiDAR
1,457 m³
2 parcels, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MIP CONSTRUCT
Specialised construction activities
since 20252.370.148.973
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41006A0126/00X000 Flanders 677 m² 1 · 170 m² 10.2 m · 1 fl.
41303E0503/00B002 Flanders 96 m² 1 · 73 m² 10.1 m · 3 fl.
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 16,039. 4,658 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
Founded14-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43320Joinery installation
43341Painting of buildings
43990Other specialised construction activities

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