Result
The result rose in 2025 from €43,571 to €98,402.
The result rose in 2025 from €43,571 to €98,402.
In 2025, 1 person joined and nobody left.
Short-term debts rose from €110,349 to €131,434.
Latest accounts filed late: after the legal deadline.
A director left. Latest change 02-04-2026 · 1 in office.
Higher net result than 95% of companies in construction of buildings. Sector median €8,556 · 9,425 companies.
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 73% of them on solvency, 70% on liquidity, 81% on profitability and 81% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 39,278 companies had the same profile as MK CONSTRUCT has now. Each dot stands for 99 companies, two years later.
That fits the bankruptcy probability of MK CONSTRUCT itself: 1.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MK CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.49 (1.5 in 2024), above the usual 1.5. Short-term debt is 31% and cash 22.8% of total assets. 36.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 111 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MK CONSTRUCT Anderlues | €424,421 | €218,164 | 63.8% | - |
| FERRBATIR La Louvière | €395,696 | €211,392 | 47.6% | - |
| STYLE CONSTRUCT Charleroi | €348,127 | €195,438 | 17.1% | - |
| DESBULEUX Hamois | €431,992 | €234,468 | 5.8% | - |
| BOUWWERKEN NOYEN Ardooie | €441,265 | €232,743 | 69.9% | - |
| Aannemingen Ruw Genk | €464,375 | €224,359 | 48.3% | - |
| CLOIX-COENEN CONSTRUCT Seraing | €471,670 | €241,544 | 20.7% | - |
These companies have the same main activity as MK CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €348,000 and €472,000, founded between 2021 and 2022.
MK CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €77,752 in 2022 to €218,164 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 72% of 9,435 companies in 2025.
Higher than 68% of 9,183 companies in 2025.
Higher than 79% of 9,255 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
424,421 | 312,805 | 201,895 | 51,422 | |
21/28 |
97,033 | 147,245 | 97,712 | 13,508 | |
22/27 |
96,858 | 147,070 | 97,537 | 13,333 | |
23 |
2,037 | 2,612 | - | - | |
24 |
91,778 | 140,994 | 93,652 | 13,333 | |
26 |
3,043 | 3,464 | 3,885 | - | |
28 |
175 | 175 | 175 | 175 | |
29/58 |
327,388 | 165,560 | 104,183 | 37,913 | |
3 |
20,000 | - | - | - | |
30/36 |
20,000 | - | - | - | |
40/41 |
205,820 | 106,200 | 58,407 | 31,296 | |
40 |
200,444 | 79,144 | 34,023 | 30,192 | |
41 |
5,376 | 27,056 | 24,384 | 1,104 | |
54/58 |
96,565 | 54,686 | 44,577 | 5,795 | |
490/1 |
5,002 | 4,674 | 1,199 | 822 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
424,421 | 312,805 | 201,895 | 51,422 | |
10/15 |
270,631 | 172,230 | 128,658 | 36,314 | |
10/11 |
6,500 | 6,500 | 6,500 | 6,500 | |
14 |
264,131 | 165,730 | 122,158 | 29,814 | |
17/49 |
153,789 | 140,575 | 73,236 | 15,108 | |
17 |
22,355 | 30,226 | - | - | |
170/4 |
22,355 | 30,226 | - | - | |
42/48 |
131,434 | 110,349 | 73,236 | 15,108 | |
42 |
7,870 | 7,467 | - | - | |
44 |
74,960 | 54,631 | 30,698 | 5,438 | |
440/4 |
74,960 | 54,631 | 30,698 | 5,438 | |
45 |
48,603 | 45,308 | 32,218 | 7,569 | |
450/3 |
47,193 | 45,308 | 31,592 | 7,569 | |
454/9 |
1,411 | - | 626 | - | |
47/48 |
- | 2,943 | 10,321 | 2,100 | |
| Income statement | |||||
70 |
- | - | - | 152,225 | |
76A |
944 | - | - | - | |
9900 |
218,164 | 132,751 | 167,797 | 77,752 | |
60/61 |
- | - | 365,428 | 79,486 | |
62 |
24,431 | 22,828 | 24,823 | 37,895 | |
630 |
49,689 | 44,827 | 18,220 | 1,667 | |
640/8 |
8,108 | 6,831 | 1,137 | 691 | |
66A |
1,185 | - | - | - | |
9901 |
134,751 | 58,264 | 123,617 | 37,500 | |
75/76B |
159 | 1 | 425 | - | |
75 |
159 | 1 | 0 | - | |
76B |
- | - | 425 | - | |
65/66B |
3,022 | 977 | 106 | 116 | |
65 |
2,058 | 977 | 106 | 116 | |
66B |
964 | - | - | - | |
9903 |
131,888 | 57,288 | 123,936 | 37,383 | |
67/77 |
33,487 | 13,716 | 31,592 | 7,569 | |
9904 |
98,402 | 43,571 | 92,344 | 29,814 | |
9905 |
98,402 | 43,571 | 92,344 | 29,814 | |
| Appropriation of the result | |||||
9906 |
264,131 | 165,730 | 122,158 | 29,814 | |
14P |
165,730 | 122,158 | 29,814 | - | |
| Social balance sheet | |||||
9087 |
1 | 1 | 1 | 1.3 | |
Hours worked1013 |
877 | 608 | 1,015 | 1,232 | |
| Document | |||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-10-2026.
2025 annual accounts filed 77 days after the deadline. Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563317.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 184,440 | 103,091 | 141,837 | 39,166 | ||
| 148,090 | 88,399 | 110,564 | 31,481 | ||
| 992 | 94,360 | 102,423 | 15,175 | ||
| 41,879 | 10,109 | 38,782 | - | ||
| 195,954 | 55,211 | 30,947 | 22,806 | ||
| - | - | - | 24.6% | ||
| 63.8% | 55.1% | 63.7% | 70.6% | ||
| 2.49 | 1.50 | 1.42 | 2.51 | ||
| 2.34 | 1.50 | 1.42 | 2.51 | ||
| 0.57 | 0.82 | 0.57 | 0.42 | ||
| 36.4% | 25.3% | 71.8% | 82.1% | ||
| 23.2% | 13.9% | 45.7% | 58.0% | ||
| 89.62 | over 100 | over 100 | over 100 | ||
| - | - | - | 72 days | ||
| - | - | 31 days | 25 days |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 1 | 1 | 2 |
| full-time | 1 | - | - | 1 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 1.3 | 0.3 | 0.3 | 1.3 |
| 0.6 | 0.3 | 1 | 0.7 | |
| On a permanent contract | 1 | 1 | - | - |
| Joined | 1 | - | 0 | 3 |
| Left | 0 | - | 1 | 1 |
| Training hours | - | - | 448 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €992 | €94,360 | €102,423 | €15,000 |
| Financial fixed assets | - | - | - | €175 |
| €49,689 | €44,827 | €18,220 | €1,667 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 131% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 44.9% to 36.2%. Equity and debt are higher.
MK CONSTRUCT has no parent and no holdings in its annual accounts. SOSUN Michaël is the only director. MK CONSTRUCT shares no director with another company.
| TRI LA MOLETTE
registered office since 29-09-2016 · founded in 2016 · accounts filed late |
total assets €562,338 (2024) 0663.611.246 |
| GUEMMENARO
registered office since 01-03-2005 · founded in 2005 · accounts filed late |
total assets €552,633 (2025) 0872.204.501 |
| SOCIETE BATIMENT TRAVAUX PUBLIC
registered office since 04-08-2026 |
founded in 2026 1040.938.078 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MK CONSTRUCT was incorporated on 21 January 2022 as a private limited company by two natural persons, with a starting capital of €6,500.12 SOSUN Michaël is statutory director of the company, appointed by deed of 25-01-2022.2 Total assets rose from €51,422 in 2022 to €424,421 in 2025 and headcount from 1.3 to 1 full-time equivalents.3
| Establishment | Since | Unit number |
|---|---|---|
| Rue Jules Destrée 85 registered office 6150 Anderlues | 21-01-2022 | 2.326.722.766 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56001A0477/00N002 | 2,880 m² | 1 · 126 m² | 10.7 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0780.762.995
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