ML CONSTRUCTION
ActiveSummary
ML CONSTRUCTION has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644,556 and a net result of €46,991. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 70% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-02-2012 Normal situation
- Activity
- Other building finishing work NACE 43350and 1 other
- Establishment unit
- 2.208.157.884 3080 Tervuren, since 01-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €206,387
- ▲ 128%
- Turnover
- ≈ €700,000
- estimated
- Profit
- €46,991
- Equity
- €644,556
- ▼ 6.4%
- Total assets
- €1.0m
- ▼ 9.0%
- Employees on 31-12-2025
- 3
- =
- 2025 accounts filed 52 days after the deadline
Score breakdownraises riskLast filed accounts filed 52 days late; 3 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 2012Size: 2 FTE, total assets €1.0mShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43, micro). It does better than 67% of them on solvency, 56% on liquidity, 47% on profitability and 27% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 60 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 52 days after the deadline Filed on 21 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00517759.
Annual accounts 2025 filed on 21-09-2026 at the NBB all 14 filings
Every figure per financial year
The operating result for 2025 is a profit of €62,281, after a loss of €29,253 in 2024.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 3 | 3 | 3 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | - | - | 2 | 2 | 2 |
| in full-time equivalents | 1 | 1 | 2 | 2 | 2 |
| Average over the year, in full-time equivalents | 1 | 1 | 1.7 | 2 | 2 |
| On a permanent contract | 1 | 1 | 3 | 3 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €288,182 | €5,750 | €13,092 | €74,488 | €257,364 |
| Depreciation and write-downs of the year | €22,878 | €27,619 | €24,057 | €35,387 | €54,300 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €41,896 | €42,863 | €64,898 | €80,121 | €71,366 | ▼ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,680 | €17,386 | €17,144 | €22,878 | €27,619 | €24,057 | €35,387 | €54,300 | ▲ 53.4% |
| Other operating charges640/8 | - | - | - | €5,949 | €13,033 | €7,518 | €4,116 | €18,441 | ▲ 348% |
| Gross operating margin9900 | €160,415 | €140,331 | €148,623 | €217,806 | €196,255 | €663,957 | €90,371 | €206,387 | ▲ 128% |
| Operating profit (loss)9901 | €102,750 | €81,131 | €74,451 | €147,084 | €112,740 | €567,483 | -€29,253 | €62,281 | - |
| Financial income75/76B | - | - | - | €2,366 | €2,038 | €2,240 | €3,356 | €3,673 | ▲ 9.4% |
| Recurring financial income75 | €30 | €30 | €3,072 | €2,366 | €2,038 | €2,240 | €3,356 | €3,673 | ▲ 9.4% |
| Financial charges65/66B | - | - | - | €4,865 | €6,788 | €6,110 | €6,379 | €7,401 | ▲ 16.0% |
| Recurring financial charges65 | €2,264 | €2,228 | €2,218 | €4,865 | €6,788 | €6,110 | €6,379 | €7,401 | ▲ 16.0% |
| Profit (loss) for the period before taxes9903 | €100,516 | €78,933 | €75,305 | €144,585 | €107,989 | €563,614 | -€32,276 | €58,552 | - |
| Income taxes67/77 | €24,344 | €18,699 | €22,260 | €36,793 | €29,881 | €115,655 | €1,808 | €11,561 | ▲ 540% |
| Profit (loss) for the period9904 | €76,172 | €60,234 | €53,045 | €107,792 | €78,108 | €447,959 | -€34,084 | €46,991 | - |
| Profit (loss) for the period to be appropriated9905 | €76,172 | €60,234 | €53,045 | €107,792 | €78,108 | €447,959 | -€34,084 | €46,991 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.4m | €0.6m | €0.8m | €0.9m | €1.5m | €1.2m | €1.0m | ▼ 9.0% |
| Fixed assets21/28 | €0.05m | €0.03m | €0.02m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 58.6% |
| Tangible fixed assets22/27 | €0.05m | €0.03m | €0.02m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 59.1% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.0% |
| Plant, machinery and equipment23 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.002m | ▼ 14.6% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.01m | €0.07m | €0.05m | ▼ 22.0% |
| Leasing and similar rights25 | - | - | - | - | - | - | - | €0.2m | - |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €0.3m | €0.4m | €0.6m | €0.5m | €0.7m | €1.2m | €0.9m | €0.6m | ▼ 32.2% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.6m | €0.5m | €0.6m | €1.0m | €0.6m | €0.4m | ▼ 42.2% |
| Trade receivables40 | - | - | - | €0.4m | €0.6m | €0.9m | €0.5m | €0.3m | ▼ 51.4% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.03m | €0.06m | €0.09m | €0.1m | ▲ 10.0% |
| Cash at bank and in hand54/58 | €0.02m | €0.05m | €0.03m | €0.05m | €0.07m | €0.2m | €0.2m | €0.1m | ▼ 54.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.008m | €0.001m | €0.1m | ▲ 89× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €0.6m | €0.8m | €0.9m | €1.5m | €1.2m | €1.0m | ▼ 9.0% |
| Equity10/15 | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.8m | €0.7m | €0.6m | ▼ 6.4% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.8m | €0.7m | €0.6m | ▼ 6.5% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.7m | €0.5m | €0.4m | ▼ 12.8% |
| Amounts payable after more than one year17 | €0.02m | €0.02m | €0.007m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 76.7% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 76.7% |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 20.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0.01m | €0.02m | €0.04m | ▲ 130% |
| Trade debts44 | €0.09m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.09m | €0.08m | ▼ 13.6% |
| Suppliers440/4 | - | - | - | €0.2m | €0.1m | €0.1m | €0.09m | €0.08m | ▼ 13.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.05m | €0.1m | €0.1m | €0.02m | ▼ 80.7% |
| Taxes450/3 | - | - | - | €0.03m | €0.04m | €0.1m | €0.1m | €0.02m | ▼ 81.5% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | €0.02m | €0.004m | €0.001m | ▼ 58.6% |
| Other amounts payable47/48 | - | - | - | €0.002m | - | - | - | €0.03m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.1m | €0.3m | €0.1m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,172 | €60,234 | €53,045 | €107,792 | €78,108 | €447,959 | -€34,084 | €46,991 | - |
| + Depreciation and write-downs630 | €17,680 | €17,386 | €17,144 | €22,878 | €27,619 | €24,057 | €35,387 | €54,300 | ▲ 53.4% |
| Operating cash flow (approximation) | €93,852 | €77,620 | €70,189 | €130,670 | €105,727 | €472,016 | €1,303 | €101,291 | ▲ 78× |
| Investment in fixed assets (approximation) | - | -€2,485 | -€5,623 | -€288,182 | -€5,750 | -€13,092 | -€74,488 | -€226,761 | ▼ 204% |
| Change in cash | - | €28,128 | -€21,656 | €26,857 | €16,237 | €165,814 | -€4,531 | -€126,144 | ▼ 2,684% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as ML CONSTRUCTION has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of ML CONSTRUCTION itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 10,904 companies, not a prediction for ML CONSTRUCTION. 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.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-09-2026 | 2026-00517759 | |
| 31-12-2024 | full format | 13-10-2025 | 2025-00541656 | |
| 31-12-2023 | full format | 12-09-2024 | 2024-00459938 | |
| 31-12-2022 | full format | 04-09-2023 | 2023-00441460 | |
| 31-12-2021 | full format | 17-10-2022 | 2022-20463437 | |
| 31-12-2020 | micro format | 21-10-2021 | 2021-72700464 | |
| 31-12-2019 | micro format | 23-09-2020 | 2020-55200458 | |
| 31-12-2018 | micro format | 25-09-2019 | 2019-65900389 | |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65700057 | |
| 31-12-2016 | micro format | 26-09-2017 | 2017-63800552 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-10-2023 Converted to unavailable equity
- 26-10-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FERREIRA LOPES José |
|
| MOREIRA MENDES Augusto |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene kosten, algemene vergadering met absolute meerderheid of enige aandeelhouder”
Articles of association, deed of 26-10-2023 (in Dutch)
Network & group
ML CONSTRUCTION shares no director with another company.
Companies at the same address
4 other companies- DGVSystem Registered office · since 2025 1026098068
- Ramírez Moncada, Jacobo (sole trader) Establishment · since 2024 0717611641
- EASY EXPORT Establishment · since 2021 0775496786
- VERENIGING VAN MEDE-EIGENAARS VAN RESIDENTIE JEZUS EIKLAAN 1 TE TERVUREN, JEZUS EIKLAAN 1 Registered office · since 2020 0752869854
Connections & network
2 current directorsThe network starts from the directors of ML CONSTRUCTION. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-10
Gazette deed
Registered office moved to TervurenNew seat: 3080 Tervuren, Jezus Eiklaan, 1 · Reappointments: MOREIRA MENDES Augusto (director) and FERREIRA LOPES José (director) · Amendment of the articles11 points ▸
- General meeting, 17-10-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering, opheffing” (deed in Dutch)
- Director reappointment, MOREIRA MENDES Augusto (director (not named in the articles))
- Director reappointment, FERREIRA LOPES José (director (not named in the articles))
- Other provision, “aanvaarding mandaat en afwezigheid beletsel” (deed in Dutch), mentioned 2 times in the deed
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Registered-office move, 3080 Tervuren, Jezus Eiklaan, 1
- Other provision, “website en e-mailadres, geen melding in akte van eventuele eigen website noch eventueel eigen e-mailadres” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- Algemene bouwwerkzaamheden,metselwerk,leggen van funderingen,ijzerwaren voor gebouwen,metaalconstructie,algemeen binnen-en buitenschrijnwerk,in hout,metaal of kunststof,ruwbouwwerken,afbraakwerken,algemene loodgieterswerken,grondwerken,schilderwerken,bouwwerken,herstellingswerken,verbouwingswerken,renovatiewerken,afwerkingswerken,herstel in oorspronkelijke staatswerken,afbouwwerkzaamheden en onderhoud van zowel onroerende en roerende goederen.
- Opbouwen en afbreken van stellingen en werkplatforms
- Het reinigen,onderhouden en ontsmetten van woningen en lokalen,al dan niet bedrijfsmatig,bemeubeld of niets.
- Alle gevelreinigingswerkzaamheden,met behulp van alle soorten processen
- Alle voegwerk
- Alle isolatiewerkzaamheden
- Installatie,montage en onderhoud van alle verwarmings-,airconditionings-en ventilatiesystemen;aan-en verkoop van deze systemen en onderdelen.
- Alle loodgieterswerkzaamheden,installatie van sanitair,aankoop en verkoop van deze producten en reserveonderdelen,
- Alle chape-,plafond-en isolatiewerkzaamheden,pleisterwerk,installatie van verplaatsbare en niet-verplaatsbare scheidingswanden en valse plafonds,
- Alle tegelwerken,installatie van alle soorten vloeren(hout,parket,tapijten en linoleum,inclusief rubber en kunststof)
- Alle timmerwerkzaamheden,maken van keuken-en/of badkamermeubels,kasten,enz,
- Alle beglazingswerkzaamheden en binnen-en buitenschilderwerk,
- Aan-en verkoop,in-en uitvoer en algemene handel in alle bouwmaterialen,
- Voor eigen rekening uitsluitend de aankoop,de verkoop,de verhuur en het beheer van alle onroerende goederen.
- Voor eigen rekening beleggen in om het even welke vorm van belegging(beurs,vastgoed,enz.)en alle handelingen stellen die verband houden met het beheer van deze beleggingen;
- Alle verrichtingen van welke aard ook uit te voeren,zowel commerciële,financiële,roerende als onroerende,die er rechtstreeks of onrechtstreeks verband mee houden.
- Op om het even welke manier deelnemen in om het even welke onderneming of vennootschap met een identiek,gelijkaardig of verwant voorwerp,of die de ontwikkeling van de Vennootschap kan bevorderen.
- Haar onroerende goederen in hypotheek stellen en al haar andere goederen,met inbegrip van het handelsfonds,in pand stellen en mag aval verlenen voor alle leningen,kredietopeningen en alle andere verbintenissen,voor haarzelf en zelfs voor alle derden op voorwaarde dat zij er zelf belang bij heeft.
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 0844.037.184
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24302G0174/00V005 | Flanders | 460 m² | 1 · 287 m² | 10.6 m · 2 |
| 24302F0020/00W004 | Flanders | 131 m² | 1 · 127 m² | 10.0 m · 1 |