Turnover
≈ €72,000 estimated
The micro format states no turnover.
MNL Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €13,545 (2024)
€5,953▼ 56.0%
peak €7,111 (2024)
€1,188▼ 83.3%
peak €8,799 (2025)
€8,799▲ 15.6%
€16,053▲ 89.0%
Board1 name since 2024
1 director
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from €13,545 to €5,953Result from €7,111 to €1,188Equity from €7,611 to €8,799Debts from €8,494 to €16,053Cash from €3,000 to €1,809
Key points
from the 2025 annual accountsLiquidity
1.01 was 0.51 in 2024
Short-term debts rose from €8,494 to €16,053.
Starting capital
€500 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 185 companies had the same profile as MNL Construct has now. Each dot is one company, two years later.
98.9%
were still trading
0.5%
stopped another way
0.5%
went bankrupt
Test of the method
The method was tested on the 497,448 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 185 companies, not a prediction for MNL Construct. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017505749
Incorporation
Founding capital of €500, 100 shares · Founder: (fondateur/comparant) · Appointment: (director) · published on 19-12-2024 · Gazette deed
First establishment
Grand Trihe 8, Flémalle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MNL Construct Flémalle | - | - | 35.4% | - |
| V&M PROJECT Grimbergen | - | - | 14.5% | - |
| MMBP Construct Zaventem | - | - | 35.1% | - |
| MIRATEX Drogenbos | - | - | 17.3% | - |
| Algemene Karweiwerken David Heist-op-den-Berg | - | - | 25.5% | - |
| ALPHA PRO CONSTRUCTION Drogenbos | €228,221 | 1.8% | 24.4% | - |
| AB BOUWWERKEN Schelle | €69,379 | -6.1% | -9.4% | - |
These companies have the same main activity as MNL Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €21,300 and €29,800, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 17-12-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.368.266.5794400 Flémalle, since 17-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- €5,953▼ 56.0%
- €1,188▼ 83.3%
- €8,799▲ 15.6%
- €24,852▲ 54.3%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on MNL Construct
The 2025 annual accounts show equity of €8,799 and a net result of €1,188. Its solvency ranks better than 42% of 9,471 sector peers (NACE 41, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 03-07-2026, 28 days before the deadline€5,953
▼ 56.0%
€1,789
▼ 80.0%
€1,188
▼ 83.3%
€150
▲ €4,284
35.4%
▼ 11.9 percentage points
1.01
▲ 0.50
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €72,000. Estimated: probably between €37,000 and €130,000.
Balance sheet
balance sheet total €24,852 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
35.4%
Higher than 42% of 9,471 companies in 2025.
1.01
Higher than 22% of 9,219 companies in 2025.
4.8%
Higher than 44% of 9,291 companies in 2025.
MNL Construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
24,852 | 16,106 | |
21/28 |
8,649 | 11,745 | |
22/27 |
8,649 | 11,745 | |
23 |
8,649 | 11,745 | |
29/58 |
16,203 | 4,361 | |
3 |
8,569 | - | |
30/36 |
3,404 | - | |
37 |
5,166 | - | |
40/41 |
5,824 | 1,361 | |
40 |
3,322 | 0 | |
41 |
2,503 | 1,361 | |
54/58 |
1,809 | 3,000 | |
| Balance sheet: equity and liabilities | |||
10/49 |
24,852 | 16,106 | |
10/15 |
8,799 | 7,611 | |
10/11 |
500 | 500 | |
14 |
8,299 | 7,111 | |
17/49 |
16,053 | 8,494 | |
42/48 |
16,053 | 8,494 | |
44 |
377 | 3,611 | |
440/4 |
377 | 3,611 | |
45 |
2,279 | 1,827 | |
450/3 |
2,279 | 1,827 | |
47/48 |
13,396 | 3,057 | |
| Income statement | |||
9900 |
5,953 | 13,545 | |
630 |
4,016 | - | |
640/8 |
149 | 4,607 | |
9901 |
1,789 | 8,938 | |
75/76B |
70 | - | |
75 |
70 | - | |
65/66B |
219 | - | |
65 |
219 | - | |
9903 |
1,640 | 8,938 | |
67/77 |
452 | 1,827 | |
9904 |
1,188 | 7,111 | |
9905 |
1,188 | 7,111 | |
| Appropriation of the result | |||
9906 |
8,299 | 7,111 | |
14P |
7,111 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 5,805 | - | ||
| 5,204 | - | ||
| 920 | 11,745 | ||
| -1,191 | - | ||
| 150 | -4,134 | ||
| 35.4% | 47.3% | ||
| 1.01 | 0.51 | ||
| 0.48 | 0.51 | ||
| 1.82 | 1.12 | ||
| 13.5% | 93.4% | ||
| 4.8% | 44.2% | ||
| 26.48 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €920 | €11,745 |
| €4,016 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MNL Construct
The operating result for 2025 is 80% lower than in 2024.
Debt's share of the balance-sheet total rises from 52.7% to 64.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 17-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 03-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 19-12-2024
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, from 17-12-2024 to date
Control
Founder
This company
MNL Construct
Equity €8,799
Profit €1,188 in 2025
Capital
- Contribution
- €500
- Shares
- 100
- Contribution per share
- €5
- Equity per share
- €87.99 in 2025
- Source
- deed of 19-12-2024
Articles of association
deed of 19-12-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Majorité et présence requises pour modifications aux statuts, toujours révocable par assemblée générale”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00
Shareholders
At incorporation
deed of 19-12-2024 ↗
- 100 shares (100%) · €500
Network & group
No group
MNL Construct has no parent and no holdings in its annual accounts. is the only director. MNL Construct shares no director with another company.
At the same address
Grand Trihe 8, 4400 Flémalle · 1 other company| Mannilli, Francesco (sole trader)
establishment since 12-03-2021 |
founded in 2021 0764.951.797 |
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 28 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017505749
Annual accounts 2024 filed NBBmicro format · 31 days before the deadline
2024
IncorporationFounding capital of €500, 100 shares · Founder: (fondateur/comparant) · Appointment: (director) · published on 19-12-20244 points ▸
- Director appointment,
- Founder, (fondateur/comparant)
- Founding capital, €500, 100 shares
- Power of attorney,
- The deed holds 9 more points.
First establishment Grand Trihe 8, Flémalle
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1017.505.749
- VAT number
- BE 1017.505.749
- Peppol ID
- 0208:1017505749
- Other Peppol ID
- 9925:BE1017505749
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 18:00deed of 19-12-2024 (in French)
- Peppol
- Reachable since 17-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MNL Construct in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-12-2024 (in French)
- Name clauseThe company operates under this name according to its articles.
- MNL Constructdeed of 19-12-2024 (in French)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43110
Demolition
Codes under NACEBEL 2008
41201
General construction of buildings main activity
41203
Construction of residential and non-residential buildings
43110
Demolition
43994
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’étude et la réalisation de tous travaux de construction,publics ou privés,en qualité d’entrepreneur général ou en sous-traitance,la…”deed of 19-12-2024 (in French)
5 activities
- L’étude et la réalisation de tous travaux de construction,publics ou privés,en qualité d’entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures
- Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparations,d’embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- La prestation de conseils et d’assistance tant au point de vue technique qu’administratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur des biens immobiliers
- L’acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l’achat,la vente,la location,la division et l’urbanisation de tous immeubles
- La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre,de tous marchés de travaux publics ou privés ou de fourniture et faire toutes opérations se rattachant à ces objets
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Grand Trihe 8 registered office 4400 Flémalle 43910 Bricklaying and masonry work | 17-12-2024 | 2.368.266.579 |
Buildings and parcels at the address
- Ground area
- 775 m²
- Buildings
- 755 m²
- Volume, LiDAR
- 8,088 m³
- Tallest building
- 11.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62037A0719/00D007 | 775 m² | 1 · 755 m² | 11.9 m · 4 |
Contact
E-mail
mnlconstruct1980@gmail.com establishment in Flémalle
Phone
+32 493 55 13 12 establishment in Flémalle
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 1017.505.749