MIX CONSTRUCT
ActiveSummary
MIX CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €246k and a net result of €-4k. Equity is growing by ~73.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
59
/ 100
Fair
The figures in the accounts for fiscal year 2024 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▼-29
Solvency74▼-2
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 2.16 against 2.45 in 2023; short-term debt: 41.7% and cash: 0.9% of total assets), but 51.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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 · 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 2024Solvency, return and age of the figures
Solvency
48.8%
Return on assets
-0.8%
Age of the figures
21 mo
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
126 d late
2023
66 d late
2022
71 d late
2021
100 d late
2020
201 d late
2019
173 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2024, micro schema
Turnover
€1.04M▲ 1,251%
2019 · €77k
EBIT margin
5.5%▼ 3.1pp
2019 · 8.6%
Net result
€-4k
2023 · €98k
Working capital
€244k▼ 3.3%
2023 · €252k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€1.04M
Operating result€33k▲ 404%€57k▲ 70.5%€83k▲ 46.0%€130k▲ 56.5%€8k▼ 93.8%
Net result€26k▲ 440%€45k▲ 76.9%€61k▲ 34.2%€98k▲ 61.5%€-4k
EBIT margin5.5%
Equity€46k▲ 129%€91k▲ 99.8%€152k▲ 67.0%€250k▲ 64.5%€246k▼ 1.6%
Total assets€168k▲ 208%€355k▲ 111%€460k▲ 29.7%€493k▲ 7.0%€504k▲ 2.3%
Debt€123k▲ 252%€264k▲ 115%€309k▲ 16.8%€243k▼ 21.4%€258k▲ 6.4%
Working capital€15k▼ 22.8%€42k▲ 188%€123k▲ 194%€252k▲ 105%€244k▼ 3.3%
Staff (FTE)1.11
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 94% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €504k
Fixed assets
€50k ▼ 24.7%
Current assets
€454k ▲ 6.6%
Equity and liabilities €504k
Equity
€246k ▼ 1.6%
Debt
€258k ▲ 6.4%
Debt's share of the balance-sheet total rises from 49.3% to 51.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€54k▼
2023 · €189k
Cash flow
€42k▼
2023 · €158k
Current ratio
2.16▼
2023 · 2.45
Debt to equity
1.05▲
2023 · 0.97
ROE
-1.7%▼
2023 · 39.4%
ROA
-0.8%▼
2023 · 20.0%
Interest coverage
5.62▼
2023 · 16.35
Debt ≤ 1 year
€210k▲
2023 · €174k
Debt > 1 year
€48k▼
2023 · €68k
Income taxes
€3k▼
2023 · €21k
Staff costs
€47k▼
2023 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €1.04M | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €907k | €1.04M | - | - | - |
| Remuneration, social security and pensions62 | - | €47k | €98k | €51k | €47k | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €25k | €42k | €60k | €46k | ▼ 22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €6k | €77k | ▲ 1,278% |
| Other operating charges640/8 | - | - | €2k | €3k | €2k | ▼ 28.9% |
| Non-recurring operating charges66A | - | €670 | €914 | €350 | €1k | ▲ 190% |
| Gross operating margin9900 | €47k | €129k | €226k | €249k | €181k | ▼ 27.2% |
| Operating profit (loss)9901 | €33k | €57k | €83k | €130k | €8k | ▼ 93.8% |
| Financial income75/76B | - | - | €28 | €936 | €438 | ▼ 53.2% |
| Recurring financial income75 | €8 | - | €28 | €936 | €438 | ▼ 53.2% |
| Financial charges65/66B | - | €2k | €6k | €12k | €10k | ▼ 16.5% |
| Recurring financial charges65 | €2k | €2k | €6k | €12k | €10k | ▼ 16.5% |
| Profit (loss) for the period before taxes9903 | €31k | €54k | €77k | €119k | €-1k | ▼ 101% |
| Income taxes67/77 | €6k | €9k | €16k | €21k | €3k | ▼ 86.0% |
| Profit (loss) for the period9904 | €26k | €45k | €61k | €98k | €-4k | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €26k | €45k | €61k | €98k | €-4k | ▼ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €355k | €460k | €493k | €504k | ▲ 2.3% |
| Fixed assets21/28 | €31k | €70k | €119k | €67k | €50k | ▼ 24.7% |
| Tangible fixed assets22/27 | €31k | €70k | €119k | €67k | €49k | ▼ 26.7% |
| Plant, machinery and equipment23 | - | €28k | €80k | €44k | €26k | ▼ 40.1% |
| Furniture and vehicles24 | - | €42k | €39k | €23k | €23k | ▼ 0.4% |
| Financial fixed assets28 | - | - | - | - | €1k | - |
| Current assets29/58 | €137k | €285k | €342k | €426k | €454k | ▲ 6.6% |
| Amounts receivable within one year40/41 | €121k | €283k | €312k | €172k | €238k | ▲ 38.1% |
| Trade receivables40 | - | €188k | €258k | €146k | €187k | ▲ 27.9% |
| Other amounts receivable41 | - | €95k | €54k | €26k | €51k | ▲ 94.5% |
| Cash at bank and in hand54/58 | €13k | €795 | €24k | €58k | €4k | ▼ 92.6% |
| Deferred charges and accrued income490/1 | - | €1k | €6k | €195k | €211k | ▲ 8.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €355k | €460k | €493k | €504k | ▲ 2.3% |
| Equity10/15 | €46k | €91k | €152k | €250k | €246k | ▼ 1.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €37k | €83k | €144k | €242k | €238k | ▼ 1.7% |
| Amounts payable17/49 | €123k | €264k | €309k | €243k | €258k | ▲ 6.4% |
| Amounts payable after more than one year17 | - | €21k | €88k | €68k | €48k | ▼ 29.7% |
| Financial debts170/4 | - | €21k | €88k | €68k | €48k | ▼ 29.7% |
| Amounts payable within one year42/48 | €123k | €243k | €219k | €174k | €210k | ▲ 21.0% |
| Current portion of amounts payable after more than one year42 | - | €10k | €22k | €22k | €23k | ▲ 2.0% |
| Trade debts44 | €36k | €155k | €155k | €29k | €102k | ▲ 251% |
| Suppliers440/4 | - | €155k | €155k | €29k | €102k | ▲ 251% |
| Advances received on contracts in progress46 | - | - | - | - | €4k | - |
| Taxes, remuneration and social security45 | - | €40k | €31k | €25k | €31k | ▲ 23.9% |
| Taxes450/3 | - | €22k | €19k | €20k | €24k | ▲ 20.1% |
| Remuneration and social security454/9 | - | €19k | €13k | €5k | €7k | ▲ 40.2% |
| Other amounts payable47/48 | - | €38k | €11k | €97k | €50k | ▼ 48.6% |
| Accrued charges and deferred income492/3 | - | - | €1k | €462 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €45k | €61k | €98k | €-4k | ▼ 104% |
| + Depreciation and write-downs630 | €3k | €25k | €42k | €60k | €46k | ▼ 22.2% |
| Operating cash flow (approximation) | €29k | €71k | €103k | €158k | €42k | ▼ 73.3% |
| Investment in fixed assets (approximation) | - | €-64k | €-91k | €-8k | €-30k | ▼ 288% |
| Change in cash | - | €-12k | €23k | €35k | €-54k | ▼ 256% |
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
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 126 days late
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Highest result since 2018net €98k ▲61.5%
Operating result €130k, net result €98k, both a record.
31-12
Financial
Equity above €200kEq €250k ▲64.5%
6 profitable years in a row build equity to €250k.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Equity above €150kEq €152k ▲67%
5 profitable years in a row build equity to €152k.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 201 days late
2021
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 173 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Tienen · 1 establishment unit since 2020
Ground area
4,045 m²
Building footprint
1,180 m²
Volume, LiDAR
6,695 m³
Parcel 24592F0044/00R002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
MIX CONSTRUCT
since 20202.301.328.760
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592F0044/00R002 | Flanders | 4,045 m² | 1 · 1,180 m² | 7.7 m · 2 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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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 11,545 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
Founded10-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43310Plastering work
43910Bricklaying and masonry work
Scores and ratios are computed by Checked and are not a credit decision.