MMCA Construction
ActiveSummary
The computed 12-month bankruptcy probability of MMCA Construction is 1.7% (moderate). The 2025 annual accounts show equity of €359,610 and a net result of €320,935. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 1041 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▲+17
Solvency51▲+19
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 0.3 in 2024; short-term debt: 9.7% and cash: 11.2% of total assets), and 73.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.4%
Return on assets
23.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-07-2026, 5 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
5 d early
2024
15 d early
2023
28 d late
2022
28 d late
2021
17 d 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 11 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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. Usually files around 17 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€327,754
EBIT margin
6.1%
Net result
€320,935▲ 31,980%
2024 · €1,000
Working capital
€60,347
2024 · -€128,855
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€327,754-
Operating result€19,984-€8,784▼ 56.0%€12,541▲ 42.8%€7,888▼ 37.1%€16,980▲ 115%
Net result€13,838within the sector's middle half-€6,919within the sector's middle half▼ 50.0%€8,918within the sector's middle half▲ 28.9%€1,000within the sector's middle half▼ 88.8%€320,935above the sector's middle half▲ 31,980%
EBIT margin6.1%-
Equity€21,838below the sector's middle half-€28,756within the sector's middle half▲ 31.7%€37,675within the sector's middle half▲ 31.0%€38,675within the sector's middle half▲ 2.7%€359,610within the sector's middle half▲ 830%
Total assets€62,700below the sector's middle half-€53,755below the sector's middle half▼ 14.3%€160,015within the sector's middle half▲ 198%€564,473above the sector's middle half▲ 253%€1.4mwithin the sector's middle half▲ 141%
Debt€40,862-€24,998▼ 38.8%€122,340▲ 389%€525,798▲ 330%€1.0m▲ 90.6%
Working capital€15,497within the sector's middle half-€22,646within the sector's middle half▲ 46.1%-€78,530below the sector's middle half-€128,855below the sector's middle half▼ 64.1%€60,347within the sector's middle half
Solvency34.8%within the sector's middle half-53.5%within the sector's middle half▲ 18.7pp23.5%within the sector's middle half▼ 30.0pp6.9%below the sector's middle half▼ 16.7pp26.4%within the sector's middle half▲ 19.6pp
Current ratio1.61within the sector's middle half-2.42within the sector's middle half▲ 0.810.34below the sector's middle half▼ 2.070.30below the sector's middle half▼ 0.051.46within the sector's middle half▲ 1.16
Return on assets (ROA)22.1%above the sector's middle half-12.9%within the sector's middle half▼ 9.2pp5.6%within the sector's middle half▼ 7.3pp0.2%within the sector's middle half▼ 5.4pp23.6%above the sector's middle half▲ 23.4pp
Staff (FTE)1.8-2.1▲ 16.7%1.6▼ 23.8%0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +31,980% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 115% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.2m ▲ 130%
Current assets
€192,030 ▲ 250%
Equity and liabilities €1.4m
Equity
€359,610 ▲ 830%
Debt
€1.0m ▲ 90.6%
Debt's share of the balance-sheet total falls from 93.1% to 73.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31,204▲
2024 · €17,191
Cash flow
€335,160▲
2024 · €10,304
Debt to equity
2.79▼
2024 · 13.60
ROE
89.2%▲
2024 · 2.6%
Interest coverage
1.43▼
2024 · 2.86
Debt ≤ 1 year
€131,683▼
2024 · €183,757
Debt > 1 year
€857,872▲
2024 · €337,803
Income taxes
-€176▼
2024 · €884
Staff costs
€0▼
2024 · €658
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €327,754 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €206 | - |
| Goods, raw materials, services and sundry goods60/61 | €235,566 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €67,989 | €69,703 | €85,626 | €658 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,625 | €6,250 | €6,250 | €9,304 | €14,225 | ▲ 52.9% |
| Other operating charges640/8 | €590 | €350 | €295 | €1,907 | €804 | ▼ 57.9% |
| Gross operating margin9900 | €92,188 | €85,087 | €104,712 | €19,756 | €32,008 | ▲ 62.0% |
| Operating profit (loss)9901 | €19,984 | €8,784 | €12,541 | €7,888 | €16,980 | ▲ 115% |
| Financial income75/76B | €145 | - | €0 | €0 | €325,660 | - |
| Recurring financial income75 | €145 | - | €0 | €0 | €325,660 | - |
| Financial charges65/66B | €592 | €1,322 | €227 | €6,004 | €21,880 | ▲ 264% |
| Recurring financial charges65 | €592 | €1,322 | €227 | €6,004 | €21,880 | ▲ 264% |
| Profit (loss) for the period before taxes9903 | €19,536 | €7,463 | €12,314 | €1,884 | €320,759 | ▲ 16,925% |
| Income taxes67/77 | €5,699 | €544 | €3,396 | €884 | -€176 | ▼ 120% |
| Profit (loss) for the period9904 | €13,838 | €6,919 | €8,918 | €1,000 | €320,935 | ▲ 31,980% |
| Profit (loss) for the period to be appropriated9905 | €13,838 | €6,919 | €8,918 | €1,000 | €320,935 | ▲ 31,980% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,700 | €53,755 | €160,015 | €564,473 | €1.4m | ▲ 141% |
| Fixed assets21/28 | €21,611 | €15,125 | €118,875 | €509,571 | €1.2m | ▲ 130% |
| Tangible fixed assets22/27 | €21,375 | €15,125 | €8,875 | €57,571 | €43,346 | ▼ 24.7% |
| Furniture and vehicles24 | €21,375 | €15,125 | €8,875 | €2,625 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | - | €54,946 | €43,346 | ▼ 21.1% |
| Financial fixed assets28 | €237 | - | €110,000 | €452,000 | €1.1m | ▲ 149% |
| Current assets29/58 | €41,088 | €38,630 | €41,140 | €54,902 | €192,030 | ▲ 250% |
| Amounts receivable within one year40/41 | €15,969 | €23,369 | €6,299 | €22,305 | €35,902 | ▲ 61.0% |
| Trade receivables40 | €8,372 | €23,303 | €4,497 | €20,393 | €35,485 | ▲ 74.0% |
| Other amounts receivable41 | €7,597 | €67 | €1,802 | €1,912 | €417 | ▼ 78.2% |
| Current investments50/53 | €24,492 | €15,261 | €34,232 | - | - | - |
| Cash at bank and in hand54/58 | - | - | - | €30,041 | €152,695 | ▲ 408% |
| Deferred charges and accrued income490/1 | €628 | - | €609 | €2,556 | €3,433 | ▲ 34.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,700 | €53,755 | €160,015 | €564,473 | €1.4m | ▲ 141% |
| Equity10/15 | €21,838 | €28,756 | €37,675 | €38,675 | €359,610 | ▲ 830% |
| Contributions10/11 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Profit (loss) carried forward14 | €13,838 | €20,756 | €29,675 | €30,675 | €351,610 | ▲ 1,046% |
| Amounts payable17/49 | €40,862 | €24,998 | €122,340 | €525,798 | €1.0m | ▲ 90.6% |
| Amounts payable after more than one year17 | €15,271 | €9,015 | €2,670 | €337,803 | €857,872 | ▲ 154% |
| Financial debts170/4 | €15,271 | €9,015 | €2,670 | €337,803 | €857,872 | ▲ 154% |
| Amounts payable within one year42/48 | €25,591 | €15,984 | €119,671 | €183,757 | €131,683 | ▼ 28.3% |
| Current portion of amounts payable after more than one year42 | €6,170 | €6,257 | €6,345 | €28,664 | €129,931 | ▲ 353% |
| Trade debts44 | €4,303 | €1,504 | €341 | €2,709 | €1,751 | ▼ 35.4% |
| Suppliers440/4 | €4,303 | €1,504 | €341 | €2,709 | €1,751 | ▼ 35.4% |
| Taxes, remuneration and social security45 | €14,313 | €7,418 | €12,985 | €884 | €0 | ▼ 100% |
| Taxes450/3 | €6,928 | €7,418 | €4,630 | €884 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €7,385 | - | €8,355 | €0 | - | - |
| Other amounts payable47/48 | €805 | €805 | €100,000 | €151,500 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €4,238 | €12,666 | ▲ 199% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,838 | €6,919 | €8,918 | €1,000 | €320,935 | ▲ 31,980% |
| + Depreciation and write-downs630 | €3,625 | €6,250 | €6,250 | €9,304 | €14,225 | ▲ 52.9% |
| Operating cash flow (approximation) | €17,463 | €13,169 | €15,168 | €10,304 | €335,160 | ▲ 3,153% |
| Investment in fixed assets (approximation) | - | €237 | -€110,000 | -€400,000 | -€674,454 | ▼ 68.6% |
| Change in cash | - | - | - | - | €122,654 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2021net €320,935 ▲31,980%
Net result €320,935, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 1.46
Current ratio from 0.30 to 1.46; short-term debt falls from €183,757 to €131,683.
31-12
Financial
Equity above €200,000Eq €359,610 ▲830%
5 profitable years in a row build equity to €359,610.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €1,000 ▼88.8%
Net result drops to €1,000, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are 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, Amel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meyerode,Rodescht 264770 Amel1 establishment unit
MMCA CONSTRUCTION
since 20212.314.387.039
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
According to the 2025 annual accounts of MMCA Construction and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Vanbael Construct & Maintenance
BE 0825.057.848
Beringen · Eq €359,835
PhoeniX MetalWorX
BE 0449.415.846
Namur · Eq €358,524
METAALCONSTRUCTIES LORENZ MERVILLIE
BE 0473.296.553
Wielsbeke · Eq €360,993
PROJECT SUPPORT
BE 0462.621.407
Wielsbeke · Eq €357,178
HEKA
BE 0865.389.854
Bree · Eq €362,807
Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,620 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
Founded05-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0764698807
Also
9925:BE0764698807
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.