MK-CONSULT
ActiveSummary
MK-CONSULT has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,198 and a net result of €41,635. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 52% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+13
Solvency74▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.58 in 2024; short-term debt: 31.7% and cash: 25.7% of total assets), but 50.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
49.3%
Return on assets
17.6%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
23 d late
2023
27 d early
2022
45 d early
2021
22 d late
2020
30 d late
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#1 oldest company in Hannut, Construction sector
Equity
€116,198▲ 55.8%
2024 · €74,563
Total assets
€235,934▲ 32.2%
2024 · €178,472
Net result
€41,635▲ 229%
2024 · €12,641
Working capital
€62,318▲ 164%
2024 · €23,613
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,177▲ 294%€24,464▲ 85.7%€26,659▲ 9.0%€20,960▼ 21.4%€63,013▲ 201%
Net result€7,587within the sector's middle half▲ 7,983%€14,655within the sector's middle half▲ 93.2%€16,124within the sector's middle half▲ 10.0%€12,641within the sector's middle half▼ 21.6%€41,635above the sector's middle half▲ 229%
Equity€31,143within the sector's middle half▲ 32.2%€45,798within the sector's middle half▲ 47.1%€61,922within the sector's middle half▲ 35.2%€74,563within the sector's middle half▲ 20.4%€116,198within the sector's middle half▲ 55.8%
Total assets€116,852within the sector's middle half▲ 3.6%€202,297within the sector's middle half▲ 73.1%€189,957within the sector's middle half▼ 6.1%€178,472within the sector's middle half▼ 6.0%€235,934within the sector's middle half▲ 32.2%
Debt€85,709▼ 3.9%€156,499▲ 82.6%€128,035▼ 18.2%€103,909▼ 18.8%€119,736▲ 15.2%
Working capital€645below the sector's middle half€6,390within the sector's middle half▲ 890%€18,923within the sector's middle half▲ 196%€23,613within the sector's middle half▲ 24.8%€62,318within the sector's middle half▲ 164%
Solvency26.7%within the sector's middle half▲ 5.8pp22.6%within the sector's middle half▼ 4.0pp32.6%within the sector's middle half▲ 10.0pp41.8%within the sector's middle half▲ 9.2pp49.3%within the sector's middle half▲ 7.5pp
Current ratio1.03below the sector's middle half▲ 0.351.11within the sector's middle half▲ 0.091.41within the sector's middle half▲ 0.301.58within the sector's middle half▲ 0.171.83within the sector's middle half▲ 0.25
Return on assets (ROA)6.5%within the sector's middle half▲ 6.4pp7.2%within the sector's middle half▲ 0.8pp8.5%within the sector's middle half▲ 1.2pp7.1%within the sector's middle half▼ 1.4pp17.6%within the sector's middle half▲ 10.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 201% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235,934
Fixed assets
€98,814 ▼ 13.7%
Current assets
€137,120 ▲ 114%
Equity and liabilities €235,934
Equity
€116,198 ▲ 55.8%
Debt
€119,736 ▲ 15.2%
Debt's share of the balance-sheet total falls from 58.2% to 50.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80,787▲
2024 · €37,672
Cash flow
€59,408▲
2024 · €29,353
Debt to equity
1.03▼
2024 · 1.39
ROE
35.8%▲
2024 · 17.0%
Interest coverage
40.83▲
2024 · 16.32
Debt ≤ 1 year
€74,802▲
2024 · €40,409
Debt > 1 year
€44,680▼
2024 · €63,461
Income taxes
€19,639▲
2024 · €6,205
Staff costs
€250▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,487 | €0 | €250 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,837 | €16,339 | €18,922 | €16,712 | €17,774 | ▲ 6.4% |
| Other operating charges640/8 | €1,423 | €4,007 | €2,715 | €2,179 | €2,206 | ▲ 1.2% |
| Gross operating margin9900 | €22,438 | €44,810 | €49,784 | €39,851 | €83,242 | ▲ 109% |
| Operating profit (loss)9901 | €13,177 | €24,464 | €26,659 | €20,960 | €63,013 | ▲ 201% |
| Financial income75/76B | - | €114 | €0 | €195 | €240 | ▲ 23.2% |
| Recurring financial income75 | - | €114 | €0 | €195 | €240 | ▲ 23.2% |
| Financial charges65/66B | €1,599 | €2,569 | €2,674 | €2,308 | €1,979 | ▼ 14.3% |
| Recurring financial charges65 | €1,599 | €2,569 | €2,674 | €2,308 | €1,979 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | €11,578 | €22,009 | €23,986 | €18,846 | €61,274 | ▲ 225% |
| Income taxes67/77 | €3,991 | €7,354 | €7,861 | €6,205 | €19,639 | ▲ 217% |
| Profit (loss) for the period9904 | €7,587 | €14,655 | €16,124 | €12,641 | €41,635 | ▲ 229% |
| Profit (loss) for the period to be appropriated9905 | €7,587 | €14,655 | €16,124 | €12,641 | €41,635 | ▲ 229% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €116,852 | €202,297 | €189,957 | €178,472 | €235,934 | ▲ 32.2% |
| Fixed assets21/28 | €91,339 | €139,801 | €124,859 | €114,450 | €98,814 | ▼ 13.7% |
| Tangible fixed assets22/27 | €91,271 | €139,733 | €124,790 | €114,381 | €98,745 | ▼ 13.7% |
| Land and buildings22 | €83,847 | €79,642 | €75,438 | €73,525 | €71,613 | ▼ 2.6% |
| Plant, machinery and equipment23 | €7,424 | €3,669 | €5,892 | €4,947 | €4,210 | ▼ 14.9% |
| Furniture and vehicles24 | - | - | - | €5,408 | €5,382 | ▼ 0.5% |
| Leasing and similar rights25 | - | €56,421 | €43,461 | €30,501 | €17,541 | ▼ 42.5% |
| Financial fixed assets28 | €68 | €68 | €68 | €68 | €68 | = |
| Current assets29/58 | €25,513 | €62,496 | €65,099 | €64,022 | €137,120 | ▲ 114% |
| Amounts receivable within one year40/41 | €1,045 | €15,776 | €4,291 | €20,173 | €76,464 | ▲ 279% |
| Trade receivables40 | - | €14,233 | €1,782 | €16,336 | €71,454 | ▲ 337% |
| Other amounts receivable41 | €1,045 | €1,543 | €2,509 | €3,837 | €5,010 | ▲ 30.6% |
| Cash at bank and in hand54/58 | €23,233 | €45,566 | €59,538 | €42,509 | €60,520 | ▲ 42.4% |
| Deferred charges and accrued income490/1 | €1,234 | €1,154 | €1,270 | €1,340 | €136 | ▼ 89.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €116,852 | €202,297 | €189,957 | €178,472 | €235,934 | ▲ 32.2% |
| Equity10/15 | €31,143 | €45,798 | €61,922 | €74,563 | €116,198 | ▲ 55.8% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €2,689 | €17,344 | €33,344 | €45,944 | €87,578 | ▲ 90.6% |
| Non-distributable reserves130/1 | €2,689 | €2,689 | €2,689 | €2,689 | €2,689 | = |
| Reserves not available under the articles1311 | €2,689 | €2,689 | €2,689 | €2,689 | €2,689 | = |
| Distributable reserves133 | - | €14,655 | €30,655 | €43,255 | €84,890 | ▲ 96.3% |
| Profit (loss) carried forward14 | €3,665 | €3,665 | €3,789 | €3,830 | €3,830 | = |
| Amounts payable17/49 | €85,709 | €156,499 | €128,035 | €103,909 | €119,736 | ▲ 15.2% |
| Amounts payable after more than one year17 | €60,804 | €99,809 | €81,834 | €63,461 | €44,680 | ▼ 29.6% |
| Financial debts170/4 | €60,804 | €99,809 | €81,834 | €63,461 | €44,680 | ▼ 29.6% |
| Amounts payable within one year42/48 | €24,867 | €56,105 | €46,176 | €40,409 | €74,802 | ▲ 85.1% |
| Current portion of amounts payable after more than one year42 | €4,934 | €17,585 | €17,975 | €18,373 | €18,781 | ▲ 2.2% |
| Trade debts44 | €3,747 | €16,285 | €6,118 | €1,765 | €21,202 | ▲ 1,101% |
| Suppliers440/4 | €3,747 | €16,285 | €6,118 | €1,765 | €21,202 | ▲ 1,101% |
| Taxes, remuneration and social security45 | €16,186 | €22,236 | €22,083 | €20,271 | €34,819 | ▲ 71.8% |
| Taxes450/3 | €16,186 | €22,236 | €22,083 | €20,271 | €34,819 | ▲ 71.8% |
| Accrued charges and deferred income492/3 | €38 | €585 | €25 | €39 | €254 | ▲ 549% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,587 | €14,655 | €16,124 | €12,641 | €41,635 | ▲ 229% |
| + Depreciation and write-downs630 | €7,837 | €16,339 | €18,922 | €16,712 | €17,774 | ▲ 6.4% |
| Operating cash flow (approximation) | €15,424 | €30,994 | €35,047 | €29,353 | €59,408 | ▲ 102% |
| Investment in fixed assets (approximation) | - | -€64,801 | -€3,980 | -€6,303 | -€2,138 | ▲ 66.1% |
| Change in cash | - | €22,332 | €13,972 | -€17,029 | €18,012 | ▲ 206% |
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
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
08-05
State Gazette act
Board meeting · Director resignation
Other statement · Board rule
2025
31-12
Financial
Highest result since 2018net €41,635 ▲229%
Operating result €63,013, net result €41,635, both a record.
31-12
Financial
Equity above €100,000Eq €116,198 ▲55.8%
8 profitable years in a row build equity to €116,198.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €94 ▼96.5%
Net result drops to €94, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hannut · 1 establishment unit since 1975
Ground area
340 m²
Building footprint
60 m²
Volume, LiDAR
557 m³
Parcel 64034B0742/00C003, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MK-CONSULT
since 19752.012.022.795
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034B0742/00C003 | Wallonia | 340 m² | 1 · 60 m² | 11.2 m · 3 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.
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 8,766 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
Founded06-12-1975
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
68121Development of residential building projects
43240Other construction installation
71121Engineering and related technical consultancy, excluding land surveyors
81100Combined facilities support activities
Contact
E-mail
Mk.Consult@outlook.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0415879184
Also
9925:BE0415879184
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.