Result
€75,843 ▲ 260%
The result rose in 2025 from €21,054 to €75,843.
MKV CONSTRUCT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €1.0m (2025)
€1.0m▲ 31.0%
peak €75,843 (2025)
€75,843▲ 260%
peak €101,897 (2025)
€101,897▲ 291%
€184,546▲ 50.5%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Turnover from €770,151 to €1.0mGross margin from €27,094 to €112,898Result from €21,054 to €75,843Equity from €26,054 to €101,897Debts from €122,582 to €184,546Investments €1,974
Key points
from the 2025 annual accountsDebts
€184,546 ▲ 50.5%
Debts rose by €61,964 in 2025.
Investments
€1,974 2.9 × depreciation
Green is investment, beige is depreciation.
Payment terms
53 days to suppliers
MKV CONSTRUCT pays its suppliers 16 days later than in 2024. Customers pay 32 days later.
Starting capital
€5,000 100 shares
Position in the sector
€75,843
Higher net result than 89% of companies in basic metals. Sector median €8,774 · 117 companies.
2026 accounts not filed, 12 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as MKV CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for MKV 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797996531
First establishment
Allemansbos 23, Erpe-Mere
Incorporation
Founding capital of €5,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 07-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MKV CONSTRUCT Erpe-Mere | €286,443 | €112,898 | 35.6% | - |
| VERBRUGGEN TOMMY Puurs-Sint-Amands | €242,563 | €85,773 | 40.7% | - |
| CATI GROUP Haaltert | €133,724 | €88,861 | 19.3% | - |
| CTSI Verlaine | €203,241 | €116,773 | 64.0% | - |
| D.STEEL Leuze-en-Hainaut | €298,916 | €278,844 | 64.8% | - |
| MAUBRATEC Kortrijk | €142,572 | €56,485 | 48.9% | - |
| Trust Contract Services BE Antwerp | €166,450 | €197,873 | -29.0% | 1 |
These companies have the same main activity as MKV CONSTRUCT: manufacture of basic metals (NACE 24200). They are comparable in size and age: total assets between €134,000 and €299,000, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 03-02-2023Normal situation
- Activity
- Manufacture of basic metalsNACE 24200and 5 others
- Establishment unit
- 2.341.621.8679420 Erpe-Mere, since 20-02-2023
- Financial year end
- 31 March
- Peppol
- Reachable since 05-01-2026
Annual accounts to 31-03-2025
- €1.0m▲ 31.0%
- €75,843▲ 260%
- €101,897▲ 291%
- €286,443▲ 92.7%
- Filing
- Filed on 31-10-2025
Insights on MKV CONSTRUCT
Solvency rose in 2025 from 17.5% to 35.6% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-10-2025, on the day of the deadline€1.0m
▲ 31.0%
€106,386
▲ 304%
€107,060
▲ 301%
€76,516
▲ 257%
35.6%
▲ 18.0 percentage points
1.53
▲ 0.34
Money flows
of every €100 of turnover, €7.52 remains as profit in 2025Balance sheet
balance sheet total €286,443 on 31-03-2025What the company ownsHow it is paid for
in euro
Position in the sector
35.6%
Higher than 40% of 118 companies in 2025.
1.53
Higher than 40% of 113 companies in 2025.
26.5%
Higher than 91% of 114 companies in 2025.
MKV CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in basic metals (NACE 24)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
286,443 | 148,636 | |
21/28 |
3,776 | 2,476 | |
22/27 |
3,776 | 2,476 | |
23 |
727 | - | |
24 |
3,049 | 2,476 | |
29/58 |
282,667 | 146,160 | |
40/41 |
282,667 | 146,160 | |
40 |
220,636 | 100,226 | |
41 |
62,031 | 45,934 | |
| Balance sheet: equity and liabilities | |||
10/49 |
286,443 | 148,636 | |
10/15 |
101,897 | 26,054 | |
10/11 |
5,000 | 5,000 | |
14 |
96,897 | 21,054 | |
17/49 |
184,546 | 122,582 | |
42/48 |
184,546 | 122,582 | |
43 |
22,007 | 15,448 | |
430/8 |
22,007 | 15,448 | |
44 |
131,277 | 74,507 | |
440/4 |
121,277 | 48,748 | |
441 |
10,000 | 25,759 | |
45 |
31,262 | 32,626 | |
450/3 |
31,262 | 32,626 | |
| Income statement | |||
70 |
1.0m | 770,151 | |
9900 |
112,898 | 27,094 | |
60/61 |
895,843 | 743,057 | |
630 |
673 | 364 | |
640/8 |
5,839 | 403 | |
9901 |
106,386 | 26,328 | |
75/76B |
2,932 | 2,103 | |
75 |
2,932 | 2,103 | |
65/66B |
6,065 | 2,016 | |
65 |
6,065 | 2,016 | |
9903 |
103,253 | 26,415 | |
67/77 |
27,410 | 5,361 | |
9904 |
75,843 | 21,054 | |
9905 |
75,843 | 21,054 | |
| Appropriation of the result | |||
9906 |
96,897 | 21,054 | |
14P |
21,054 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 107,060 | 26,691 | ||
| 76,516 | 21,418 | ||
| 1,974 | 2,839 | ||
| 98,121 | 23,579 | ||
| 10.5% | 3.4% | ||
| 35.6% | 17.5% | ||
| 1.53 | 1.19 | ||
| 1.81 | 4.70 | ||
| 74.4% | 80.8% | ||
| 26.5% | 14.2% | ||
| 17.65 | 13.24 | ||
| 80 days | 48 days | ||
| 53 days | 37 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.
Investments
fixed assets acquired| Item | 31-03-2025 | 31-03-2024 |
|---|---|---|
| Tangible fixed assets | €1,974 | €2,839 |
| €673 | €364 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MKV CONSTRUCT
The operating result for 2025 is over 4 times that of 2024.
Debt's share of the balance-sheet total falls from 82.5% to 64.4%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 07-02-2023
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 07-02-2023, still in office
Control
Founder
This company
MKV CONSTRUCT
Equity €101,897
Profit €75,843 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,019 in 2025
- Source
- deed of 07-02-2023
Articles of association
deed of 07-02-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meer kopers; zelfde bij weigering…”“Helft overdrager en helft koper(s), nietigheid”
Shareholders
At incorporation
deed of 07-02-2023 ↗
- 100 shares (100%) · €5,000 in cash
Network & group
No group
MKV CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. MKV CONSTRUCT shares no director with another company.
At the same address
Allemansbos 23, 9420 Erpe-Mere · 1 other company| Coev, Vasile (sole trader)
establishment since 18-01-2018 |
founded in 2013 0538.808.670 |
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0797996531
2025
Annual accounts 2025 filed PDFmicro format · on the deadline day
Equity above €100,000 equity €101,897 ▲291% With a profit in every financial year since 2024, equity grows to €101,897.
2024
Annual accounts 2024 filed PDFmicro format · 20 days before the deadline
2023
First establishment Allemansbos 23, Erpe-Mere
IncorporationFounding capital of €5,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 07-02-20235 points ▸
- Founder, (comparant)
- Founding capital, €5,000, 100 shares
- Registered office clause, Allemansbos 23, 9420 Erpe-Mere
- Board rule, 1
- Director appointment, (director (not named in the articles))
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0797.996.531
- VAT number
- BE 0797.996.531
- Peppol ID
- 0208:0797996531
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-02-2023
- Financial year
- ends on 31 March
- Peppol
- Reachable since 05-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MKV CONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 07-02-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 07-02-2023 (in Dutch)
Activities
NACEBEL 202524200
Manufacture of basic metals main activity
43110
Demolition
Codes under NACEBEL 2008
24200
Manufacture of basic metals main activity
33120
Repair, maintenance and installation of machinery and equipment
41203
Construction of residential and non-residential buildings
43110
Demolition
43299
Specialised construction activities
81220
Other building cleaning and industrial cleaning
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting…”deed of 07-02-2023 (in Dutch)
3 activities
- Alle bouwondernemingsactiviteiten in de breedste zin van het woord, het optrekken van de ruwbouw, de algemene bouwonderneming, bekisting, betonwapening; de coördinatie van onderaannemers, de afbraak-, vlak- en afgravingwerken, alle metsel-, voeging- en waterdichtheidwerken; alle asfalteringwerken; de montage van daken en het onderhoud ervan; het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen; alle geraamtewerken (hout- en stalconstructies, of andere); akoestische en thermische isolatie; de bekleding van wanden, vloeren, plafonds, gevels; al dan niet industriële schilderwerken; betegelen- en mozaïekwerken; deklaag- en stucwerken; de montage van buiten- en binnenschrijnwerk van hout en kunststof: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enzovoort; de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort in hout of kunststof; de natuursteen- en marmerbewerking; alle vernieuwingswerken, schoonmaakwerken; het schoorsteenvegen; het plaatsen van stellingen, ijzerwaren, smeedwerk, alle metaalwerken; alle werken van glazenmakervak, het plaatsen van ruiten, spiegels, glas-in-loodramen, het vervaardigen van doorzichtige wanden; alle sanitair- en loodgieterijwerken; de installatie van elektrische bedrading en toebehoren, van de installatie van bewakingssystemen en alarminstallaties tegen diefstal; het garneren van meubilair; de kleinhandel, de invoer en de uitvoer van constructiematerialen; alle hydraulische werken, maritieme of rivierwerken, constructie of herstelling van sluizen, stuwdammen, dijken, kanalen en kunstwerken, doorleggings- afwatering- en pompenwerken, irrigatie- en uitbaggeringwerken, créatie en onderhoud van vijvers, rivieren en beekjes; het aanleggen van wegen, fietspaden, enzovoort
- Het schoonmaken en het onderhoud van onroerende goederen, het schoonmaken van vensters en van bureaus, kleine bureauwerkjes, interimdiensten, onderaanneming
- De vervoer van goederen en personen, de verhuring van alle motorvoertuigen hierna namelijk begrepen, toerismewagens, minibussen, utilitaire wagens en (lichte) vrachtwagens, limousines en ceremoniewagens, met of zonder bestuurder, de uitbating van een taxibedrijf, personen vervoer en luchthavenvervoer in binnen- en buitenland, de uitbating van een onderneming voor het verhuren van personenwagens en (lichte vrachtwagens), de verhuur op korte termijn van personenauto’s zonder chauffeur, het ter beschikking stellen van chauffeurs zonder voertuigen aan derden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Allemansbos 23 registered office 9420 Erpe-Mere 41001 General construction of residential buildings | 20-02-2023 | 2.341.621.867 |
Buildings and parcels at the address
- Ground area
- 323 m²
- Buildings
- 96 m²
- Volume, LiDAR
- 503 m³
- Tallest building
- 9.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41016A0771/00K000 | 323 m² | 1 · 96 m² | 9.6 m · 2 |
Invoicing and payment
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 0797.996.531