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MLN Construct

Active
Private limited companyfounded 20233 yrs activeVeldstraat 56, 3300 Tienen, BelgiumKBO/BCE: BE 0805.219.863
Summary

MLN Construct is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€254,434) and a net result of -€345,066. Its solvency ranks better than 5% of 6632 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210Holdings NACE 64200
1 site
Size
€2.7mtotal assets 2025
Equity
-€254,434
Loss
-€345,066
Turnover not published (abridged schema)
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
Largest shareholder
DE PUTSE BOTERHOEK · 50%
Accounts filed 61 d late0 of 1 deed read
Signals- Weak solvency vs sectorFiled after the deadlineShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6632 sector peers (2025).
NBB · sector comparison
Position among 6632 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
61 d late
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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.
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…

Financials · fiscal year 2025, abbreviated schema

Equity
-€254,434
2024 · €90,632
Net result
-€345,066
2024 · €20,632
Total assets
€2.7m▲ 1.3%
2024 · €2.7m
Solvency
-9.5%▼ 12.9pp
2024 · 3.4%
Trend over the years

2024 to 2025, 2 fiscal years

The operating result turns negative in 2025: a loss of €242,388 after €49,942 in 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result-€0.2m 2025 Net result-€0.3m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€0.05m--€0.2m
Net result€0.02mwithin the sector's middle half--€0.3mbelow the sector's middle half
Equity€0.09mbelow the sector's middle half--€0.3mbelow the sector's middle half
Total assets€2.7mwithin the sector's middle half-€2.7mwithin the sector's middle half▲ 1.3%
Debt€2.6m-€2.9m▲ 14.8%
Working capital€0.09mwithin the sector's middle half-€0.3mabove the sector's middle half▲ 273%
Solvency3.4%below the sector's middle half--9.5%below the sector's middle half▼ 12.9pp
Current ratio1.04within the sector's middle half-1.15within the sector's middle half▲ 0.11
Return on assets (ROA)0.8%within the sector's middle half--12.8%below the sector's middle half▼ 13.6pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€2.3m▼
2024 · €2.6m
Debt > 1 year
€599,115
Income taxes
€0▼
2024 · €6,877
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.7m▲
Current assets29/58€2.7m€2.7m▲
Stocks and contracts in progress3€1.0m€0.6m▼
Stocks30/36€1.0m€0.6m▼
Amounts receivable within one year40/41€1.0m€2.1m▲
Trade receivables40€0.8m€1.4m▲
Other amounts receivable41€0.3m€0.7m▲
Cash at bank and in hand54/58€0.6m€0.06m▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m▲
Equity10/15€0.09m-€0.3m▼
Contributions10/11€0.07m€0.07m=
Reserves13€0.02m€0▼
Distributable reserves133€0.02m€0▼
Profit (loss) carried forward14--€0.3m
Amounts payable17/49€2.6m€2.9m▲
Amounts payable after more than one year17-€0.6m
Other amounts payable178/9-€0.6m
Amounts payable within one year42/48€2.6m€2.3m▼
Financial debts43€1.4m€0.6m▼
Credit institutions430/8€1.4m€0.6m▼
Trade debts44€0.7m€0.4m▼
Suppliers440/4€0.7m€0.4m▼
Advances received on contracts in progress46€0.2m€0.9m▲
Taxes, remuneration and social security45€0.03m€0.3m▲
Taxes450/3€0.03m€0.3m▲
Other amounts payable47/48€0.3m€0.2m▼
Accrued charges and deferred income492/3€0.002m€0▼
Income statement Code20242025
Other operating charges640/8€0.002m€0.001m▼
Gross operating margin9900€0.05m-€0.2m▼
Operating profit (loss)9901€0.05m-€0.2m▼
Financial income75/76B€0.001m€0.01m▲
Recurring financial income75€0.001m€0.01m▲
Financial charges65/66B€0.02m€0.1m▲
Recurring financial charges65€0.02m€0.1m▲
Profit (loss) for the period before taxes9903€0.03m-€0.3m▼
Income taxes67/77€0.007m€0▼
Profit (loss) for the period9904€0.02m-€0.3m▼
Profit (loss) for the period to be appropriated9905€0.02m-€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.02m-€0.3m▼
Transfer from equity791/2-€0.02m
Transfer to equity691/2€0.02m€0▼
To other reserves6921€0.02m€0▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€1,810€812▼ 55.2%
Gross operating margin9900€51,753-€241,576▼ 567%
Operating profit (loss)9901€49,942-€242,388▼ 585%
Financial income75/76B€542€13,223▲ 2,339%
Recurring financial income75€542€13,223▲ 2,339%
Financial charges65/66B€22,975€115,901▲ 404%
Recurring financial charges65€22,975€115,901▲ 404%
Profit (loss) for the period before taxes9903€27,509-€345,066▼ 1,354%
Income taxes67/77€6,877€0▼ 100%
Profit (loss) for the period9904€20,632-€345,066▼ 1,772%
Profit (loss) for the period to be appropriated9905€20,632-€345,066▼ 1,772%
Line20242025Change
Assets
Total assets20/58€2.7m€2.7m▲ 1.3%
Current assets29/58€2.7m€2.7m▲ 1.3%
Stocks and contracts in progress3€1.0m€0.6m▼ 44.0%
Stocks30/36€1.0m€0.6m▼ 44.0%
Amounts receivable within one year40/41€1.0m€2.1m▲ 97.7%
Trade receivables40€0.8m€1.4m▲ 80.1%
Other amounts receivable41€0.3m€0.7m▲ 151%
Cash at bank and in hand54/58€0.6m€0.06m▼ 90.1%
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.7m▲ 1.3%
Equity10/15€0.09m-€0.3m▼ 381%
Contributions10/11€0.07m€0.07m=
Reserves13€0.02m€0▼ 100%
Distributable reserves133€0.02m€0▼ 100%
Profit (loss) carried forward14--€0.3m-
Amounts payable17/49€2.6m€2.9m▲ 14.8%
Amounts payable after more than one year17-€0.6m-
Other amounts payable178/9-€0.6m-
Amounts payable within one year42/48€2.6m€2.3m▼ 8.5%
Financial debts43€1.4m€0.6m▼ 54.9%
Credit institutions430/8€1.4m€0.6m▼ 54.9%
Trade debts44€0.7m€0.4m▼ 43.5%
Suppliers440/4€0.7m€0.4m▼ 43.5%
Advances received on contracts in progress46€0.2m€0.9m▲ 295%
Taxes, remuneration and social security45€0.03m€0.3m▲ 1,045%
Taxes450/3€0.03m€0.3m▲ 1,045%
Other amounts payable47/48€0.3m€0.2m▼ 39.5%
Accrued charges and deferred income492/3€0.002m€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€20,632-€345,066▼ 1,772%
Operating cash flow (approximation)€20,632-€345,066▼ 1,772%
Change in cash--€534,893-

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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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,717 companies in this sector we hold annual accounts for 20,201. See the whole sector

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

1 owner

According to the annual accounts of the companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Group and network

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

History

On 29 August 2023, MLN Construct was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 61 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
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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Register details

Identification
Legal formPrivate limited company
Founded29-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805219863
Also 9925:BE0805219863
Registered 11-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 6 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Tienen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
799 m²
Building footprint
147 m²
Volume, LiDAR
825 m³
Parcel 24107A0116/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MLN Construct
Veldstraat 56, 3300 TienenFinancial service activities, except insurance and pension funding
since 2023unit no. 2.349.598.435
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24107A0116/00C000 Flanders 799 m² 1 · 147 m² 8.6 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.