Financials
- Financial year
- 2026
- Total assets
- €69,418
- Profit
- €26,574
- Solvency
- 13.9%
Total assets▼ 17.4%
Net result
20222026
ML Voegwerken
ActiveSummary
The computed 12-month bankruptcy probability of ML Voegwerken is 1.6% (moderate). The 2026 annual accounts show equity of €9,653 and a net result of €26,574. Equity is shrinking by about 39% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 13% of 600 sector peers (NACE 43, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Bricklaying and masonry work
NACE 43910
1 site
Size
€69,418total assets 2026
- Equity
- €9,653
- Profit
- €26,574
Turnover not published (micro format)
Structure
2026 accounts 9 days early1 deed in the Belgian Official Gazette
Why 64raises riskFounded in 2021Sector: Specialised construction activities (NACE 43)Equity €9,653 (13.9% of total assets)lowers riskFigures for financial year 2026 (filed 22-10-2026)Show the evidence
Checked score
Score 2026
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 58% of its sector peers (NACE 43, micro)
Financial strength · tick = 2025
Average
Solvency
39+34
equity 13.9% of total assets
Liquidity
39+18
short-term debt 41.0% · cash 6.9%
Profitability
100+100
return on assets 38.3%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.1%highest value
12-2024: 2.7%▼ -1.4 percentage points vs 11-2024
01-2025: 2.5%▼ -0.2 percentage points vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.5%● unchanged vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.7%▲ +0.1 percentage points vs 07-2025
09-2025: 2.7%● unchanged vs 08-2025
10-2025: 2.6%▼ -0.1 percentage points vs 09-2025
11-2025: 3.6%▲ +1.0 percentage point vs 10-2025
12-2025: 3.6%● unchanged vs 11-2025
01-2026: 3.4%▼ -0.2 percentage points vs 12-2025
02-2026: 3.4%● unchanged vs 01-2026
03-2026: 3.4%● unchanged vs 02-2026
04-2026: 3.4%● unchanged vs 03-2026
05-2026: 3.4%● unchanged vs 04-2026
06-2026: 3.3%▼ -0.1 percentage points vs 05-2026
07-2026: 3.4%▲ +0.1 percentage points vs 06-2026
08-2026: 3.4%● unchanged vs 07-2026
09-2026: 3.3%▼ -0.1 percentage points vs 08-2026
10-2026: 1.6%▼ -1.7 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.87, compared with 0.48 in 2025, below 1; short-term debt: 41% and cash: 6.9% of total assets), and 86.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 17% on solvency, 28% on liquidity, 92% on profitability and 95% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 600 sector peers (2026).
NBB · sector comparisonPosition among 600 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
9 days early
2025
2 days early
2024
on the day
2023
1 day early
2022
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 2 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · micro…
- Back to profitnet €26,574
- Annual accounts filedfinancial year 2025 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-10-2027
- 31-03-2025Weakest financial year
- 31-10-2024Annual accounts filed
- 31-03-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Bricklaying and masonry workNACE 43910
- Founded
- 08-01-2021
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Key facts about ML Voegwerken
- What is the company number of ML Voegwerken?
- 0761.351.515. In Belgium the VAT number is the company number with BE in front: BE 0761.351.515.
- Where is ML Voegwerken based?
- The registered office is at Elsakker 12, 2350 Vosselaar.Company details
- What does ML Voegwerken do?
- According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
- What is the legal form of ML Voegwerken?
- Private limited company (BV).
- When was ML Voegwerken founded?
- On 08-01-2021.
- Is ML Voegwerken still active?
- Yes, ML Voegwerken is an active enterprise in the KBO register.
- What is the turnover of ML Voegwerken?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is ML Voegwerken profitable?
- In financial year 2026, ML Voegwerken made a profit of €26,574.
- Where can I find the annual accounts of ML Voegwerken?
- ML Voegwerken filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ML Voegwerken due?
- By 31-10-2027, for financial year 2027.Timeline
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