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MLM Construction

Active
Private limited companyfounded 20242 yrs activeGuldensporenlaan 55, 3120 Tremelo, BelgiumKBO/BCE: BE 1007.147.931
Summary

The computed 12-month bankruptcy probability of MLM Construction is 2.9% (moderate). The 2024 annual accounts show equity of €23k and a net result of €18k. Its solvency ranks better than 28% of 36375 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability94
Solvency51
Growth-
Track record67
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.81; short-term debt: 23.9% and cash: 15.2% of total assets), and 73.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
26.1%
Return on assets
20.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
21 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€23k
Total assets
€90k
Net result
€18k
Working capital
€-4k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €90k
Fixed assets €73k
Current assets €17k
Equity and liabilities €90k
Equity €23k
Debt €66k
Debt finances 73.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€35k
Cash flow
€29k
Current ratio
0.81
Debt to equity
2.83
ROE
78.7%
ROA
20.5%
Interest coverage
26.18
Debt ≤ 1 year
€21k
Debt > 1 year
€45k
Income taxes
€5k
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€90k
Fixed assets21/28€73k
Tangible fixed assets22/27€73k
Plant, machinery and equipment23€10k
Furniture and vehicles24€63k
Current assets29/58€17k
Amounts receivable within one year40/41€838
Other amounts receivable41€838
Cash at bank and in hand54/58€14k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€90k
Equity10/15€23k
Contributions10/11€5k
Reserves13€18k
Distributable reserves133€18k
Amounts payable17/49€66k
Amounts payable after more than one year17€45k
Financial debts170/4€45k
Amounts payable within one year42/48€21k
Current portion of amounts payable after more than one year42€11k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€7k
Taxes450/3€900
Remuneration and social security454/9€6k
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Other operating charges640/8€816
Gross operating margin9900€36k
Operating profit (loss)9901€24k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€23k
Income taxes67/77€5k
Profit (loss) for the period9904€18k
Profit (loss) for the period to be appropriated9905€18k
Appropriation of the result
Profit (loss) to be appropriated9906€18k
Transfer to equity691/2€18k
To other reserves6921€18k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k
Other operating charges640/8€816
Gross operating margin9900€36k
Operating profit (loss)9901€24k
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€23k
Income taxes67/77€5k
Profit (loss) for the period9904€18k
Profit (loss) for the period to be appropriated9905€18k
Line2024
Assets
Total assets20/58€90k
Fixed assets21/28€73k
Tangible fixed assets22/27€73k
Plant, machinery and equipment23€10k
Furniture and vehicles24€63k
Current assets29/58€17k
Amounts receivable within one year40/41€838
Other amounts receivable41€838
Cash at bank and in hand54/58€14k
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€90k
Equity10/15€23k
Contributions10/11€5k
Reserves13€18k
Distributable reserves133€18k
Amounts payable17/49€66k
Amounts payable after more than one year17€45k
Financial debts170/4€45k
Amounts payable within one year42/48€21k
Current portion of amounts payable after more than one year42€11k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€7k
Taxes450/3€900
Remuneration and social security454/9€6k
Line2024
Profit (loss) for the period9904€18k
+ Depreciation and write-downs630€11k
Operating cash flow (approximation)€29k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Tremelo · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
107 m²
Building footprint
130 m²
Volume, LiDAR
592 m³
Parcel 24109A0575/00P000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MLM Construction
Guldensporenlaan 55, 3120 TremeloSite preparation
since 20242.357.670.914
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24109A0575/00P000 Flanders 107 m² 1 · 130 m² 7.9 m · 2 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.

Similar companies · same sector, comparable size

Of 11,137 companies in sector 43910 we hold annual accounts for 5,490. 4,081 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
Founded14-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work

Scores and ratios are computed by Checked and are not a credit decision.