Result
€17,187 ▼ 82.6%
The result fell in 2025 from €98,815 to €17,187.
Mo Construction
Overview
Lifetime
2 annual accounts with figures on one time axispeak €309,220 (2024)
€220,959▼ 28.5%
peak €98,815 (2024)
€17,187▼ 82.6%
peak €212,902 (2025)
€212,902▲ 8.8%
€178,899▼ 0.7%
Board2 names since 2014
1 directorHARROUCH Mohamed
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €309,220 to €220,959Result from €98,815 to €17,187
Key points
from the 2025 annual accountsTurnover
≈ €660,000 estimated
The micro format states no turnover.
Position in the sector
€212,902
More equity than 85% of companies in specialised construction. Sector median €57,715 · 35,131 companies.
Checked score
86
Excellent
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%highest value
01-2025: 1.0%▼ -0.2 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 0.3%▼ -0.7 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2014
Figures for financial year 2025 (filed on 07-07-2026)
Equity €212,902 (54.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 59% of them on solvency, 36% on liquidity, 47% on profitability and 53% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as Mo Construction has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Mo Construction itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 10,904 companies, not a prediction for Mo Construction. 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.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.11 (1.96 in 2024), above the usual 1.5. Short-term debt is 38.6% and cash 10.4% of total assets. 45.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
24 days early
2024
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 28 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- HARROUCH Mohamed 65 sharesdeed of 07-10-2024
- BOUZRAA Abdelmajid 35 sharesdeed of 07-10-2024
Recent changes
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: HARROUCH Mohamed, from manager to director · Appointment: BOUZRAA Abdelmajid (director) · HARROUCH Mohamed holds 65 shares · General meeting of 23-09-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0544997369
Incorporation
published on 12-02-2014 · Gazette deed
First establishment
Antwerpse Steenweg 131, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Mo Construction Sint-Niklaas | €391,801 | €220,959 | 54.3% | - |
| VETIKA Sint-Lievens-Houtem | €400,786 | €199,132 | 38.4% | - |
| ORKA RELIGHTING Nazareth-De Pinte | €341,677 | €245,062 | 41.6% | - |
| Van Damme Jan Lebbeke | €370,439 | €220,179 | 60.0% | - |
| Benga Security Brecht | €414,343 | €219,113 | 48.9% | - |
| DEMAN SIMON Wevelgem | €387,181 | €198,588 | 27.1% | - |
| Elprova Kortrijk | €397,454 | €204,123 | 67.7% | - |
These companies have the same main activity as Mo Construction: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €342,000 and €414,000, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 03-02-2014Normal situation
- Activity
- General electrical installation workNACE 43211and 3 others
- Joint committee
- 124Construction · annual accounts 2024
- Establishment unit
- 2.228.318.8409100 Sint-Niklaas, since 28-01-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 28-07-2024
Annual accounts 2025
- €220,959▼ 28.5%
- €17,187▼ 82.6%
- €212,902▲ 8.8%
- €391,801▲ 4.2%
- Employeeson 31-12-2025
- 4▲ 100%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on Mo Construction
Mo Construction has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,902 and a net result of €17,187.
Its solvency ranks better than 59% of 35,119 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 07-07-2026, 24 days before the deadline€220,959
▼ 28.5%
€25,708
▼ 82.3%
€17,187
▼ 82.6%
€168,265
▲ 25.5%
54.3%
▲ 2.3 percentage points
2.11
▲ 0.15
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 ≈ €660,000. Estimated: probably between €440,000 and €810,000.
Balance sheet
balance sheet total €391,801 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
54.3%
Higher than 59% of 35,119 companies in 2025.
2.11
Higher than 57% of 34,493 companies in 2025.
4.4%
Higher than 41% of 34,694 companies in 2025.
Mo Construction
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
€61,589
Staff costs divided by the average number of full-time equivalents.
+2 people
people who joined
people who left
In 2025, 3 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
391,801 | 375,917 | |
21/28 |
72,122 | 102,087 | |
22/27 |
72,122 | 102,087 | |
23 |
19,464 | 29,573 | |
24 |
49,962 | 69,415 | |
26 |
2,696 | 3,099 | |
29/58 |
319,679 | 273,830 | |
3 |
- | 1,000 | |
30/36 |
- | 1,000 | |
40/41 |
100,003 | 147,890 | |
40 |
57,037 | 137,857 | |
41 |
42,966 | 10,033 | |
54/58 |
40,895 | 32,485 | |
490/1 |
178,781 | 92,455 | |
| Balance sheet: equity and liabilities | |||
10/49 |
391,801 | 375,917 | |
10/15 |
212,902 | 195,715 | |
10/11 |
2,500 | 2,500 | |
13 |
239,261 | 222,074 | |
133 |
239,261 | 222,074 | |
14 |
-28,859 | -28,859 | |
17/49 |
178,899 | 180,202 | |
17 |
5,492 | 22,438 | |
170/4 |
5,492 | 22,438 | |
42/48 |
151,414 | 139,718 | |
42 |
17,862 | 22,234 | |
44 |
70,905 | 23,111 | |
440/4 |
70,905 | 23,111 | |
45 |
59,884 | 70,954 | |
450/3 |
51,039 | 62,137 | |
454/9 |
8,845 | 8,817 | |
47/48 |
2,763 | 23,419 | |
492/3 |
21,994 | 18,046 | |
| Income statement | |||
9900 |
220,959 | 309,220 | |
62 |
147,814 | 106,998 | |
630 |
41,618 | 40,507 | |
640/8 |
5,820 | 16,803 | |
9901 |
25,708 | 144,912 | |
75/76B |
39 | 37 | |
75 |
39 | 37 | |
65/66B |
206 | 3,450 | |
65 |
206 | 3,450 | |
9903 |
25,542 | 141,499 | |
67/77 |
8,355 | 42,684 | |
9904 |
17,187 | 98,815 | |
9905 |
17,187 | 98,815 | |
| Appropriation of the result | |||
9906 |
-11,672 | 69,956 | |
14P |
-28,859 | -28,859 | |
691/2 |
17,187 | 77,386 | |
6921 |
17,187 | 77,386 | |
694/7 |
- | 21,429 | |
694 |
- | 21,429 | |
| Social balance sheet | |||
9087 |
2.4 | 2 | |
Hours worked1013 |
3,872 | 3,256 | |
| Document | |||
The notes to these accounts have 8 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 07-07-2026.
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 |
|---|---|---|---|
| 67,326 | 185,419 | ||
| 58,805 | 139,322 | ||
| 14,122 | 48,489 | ||
| 8,410 | - | ||
| 168,265 | 134,113 | ||
| 54.3% | 52.1% | ||
| 2.11 | 1.96 | ||
| 2.11 | 1.95 | ||
| 0.84 | 0.92 | ||
| 8.1% | 50.5% | ||
| 4.4% | 26.3% | ||
| over 100 | 53.75 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 4 | 2 |
| full-time | 4 | 2 |
| in full-time equivalents | 4 | 2 |
| 2.4 | 2 | |
| On a permanent contract | 4 | 2 |
| Joined | 3 | - |
| Left | 1 | - |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €14,122 | €48,489 |
| €41,618 | €40,507 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on Mo Construction
The operating result for 2025 is 82% lower than in 2024.
Debt's share of the balance-sheet total falls from 47.9% to 45.7%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, last change in 2024Director (not named in the articles)
since 28-01-2014
term without a fixed end
earlier manager, until 07-10-2024
listed in the 2025 annual accounts, filed on 07-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “BEVOEGDHEDEN VAN HET BESTUURSORGAAN Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”deed of 07-10-2024
Mandates through the years
2 names, the dashed line is todayHARROUCH Mohamed
Director (not named in the articles)
Director (not named in the articles)
BOUZRAA Abdelmajid
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- HARROUCH Mohamed
- Director (not named in the articles), from 28-01-2014 to date
- Manager, until 07-10-2024
- BOUZRAA Abdelmajid
- Director (not named in the articles), appointed by deed of 07-10-2024, no longer listed in the 2025 annual accounts
Control
Shareholders
This company
Mo Construction
Equity €212,902
Profit €17,187 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €2,129 in 2025
- Source
- 2025 annual accounts
Articles of association
deed of 07-10-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of April at 18:00
Shareholders
Stated in the deed
deed of 07-10-2024 ↗
- HARROUCH Mohamed 65 shares
- BOUZRAA Abdelmajid 35 shares
Network & group
No group
Mo Construction has no parent and no holdings in its annual accounts. HARROUCH Mohamed is the only director. Mo Construction shares no director with another company.
Timeline
Timeline
7 events since 2014Board
Filings
Financial
Establishments
2014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 24 days before the deadline
2025
Equity above €200,000 equity €212,902 ▲8.8% With a profit in every financial year since 2024, equity grows to €212,902.
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Amendment of the articles · Legal-form change · Resignations & appointmentsChange of role: HARROUCH Mohamed, from manager to director · Appointment: BOUZRAA Abdelmajid (director) · HARROUCH Mohamed holds 65 shares · General meeting of 23-09-202412 points ▸
- General meeting, 23-09-2024
- Incorporation, 28-01-2014
- HARROUCH Mohamed holds 65 shares, mentioned twice in the deed
- BOUZRAA Abdelmajid holds 35 shares, mentioned twice in the deed
- 100 shares
- Legal-form conversion, from limited partnership to private limited company
- Director resignation, HARROUCH Mohamed (manager)
- Director appointment, HARROUCH Mohamed (director (not named in the articles))
- Director discharge, HARROUCH Mohamed
- Director appointment, BOUZRAA Abdelmajid (director (not named in the articles))
- Registered office clause, Antwerpse Steenweg 131a, 9100 Sint-Niklaas
- Power of attorney, INES HOUTSAEGER
- The deed holds 12 more points.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0544997369
2014
Incorporation PDFpublished on 12-02-2014
First establishment Antwerpse Steenweg 131, Sint-Niklaas
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0544.997.369
- VAT number
- BE 0544.997.369
- Peppol ID
- 0208:0544997369
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-02-2014
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of April at 18:00deed of 07-10-2024 (in Dutch)
- Peppol
- Reachable since 28-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Mo Construction in Dutch
- Entity type
- Legal entity
- Name clauseThe company operates under this name according to its articles.
- Mo Constructiondeed of 07-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 07-10-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
43120
Site preparation
Social security (RSZ) activities
42220
Construction of utility projects for electricity and telecommunications main activity
Joint committees annual accounts 2024
JC 124
Construction
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
43120
Site preparation
70210
Activities of head offices; management consultancy activities
Social security (RSZ) activities
42220
Construction of utility projects for electricity and telecommunications main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “42211 – bouw van water- en gasdistributienetten; 42212 – bouw van rioleringen; 43120 – bouwrijp maken van terreinen; 16230 – vervaardiging…”deed of 07-10-2024 (in Dutch)
35 activities
- 42211 – bouw van water- en gasdistributienetten
- 42212 – bouw van rioleringen
- 43120 – bouwrijp maken van terreinen
- 16230 – vervaardiging van anders schrijn- en timmerwerk
- 2411001 – de vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw
- 39000 – sanering en ander afvalbeheer
- 4211001 – bouw van autowegen, straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
- 4221911 – aanleg van waterdistributienetten en rioleringen
- 4221912 – aanleg van pijpleidingen voor het vervoer van gas, petroleumproducten, enzovoort
- 4222001 – aanleg van leidingen voor het vervoer en distributie van elektrische energie
- 4222002 – aanleg van telecommunicatielijnen en -netten
- 4299001 – bouw van speel- en sportterreinen, zwembaden, enzovoort
- 4312001 – het grondverzet: graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen
- 4312003 – de verlaging van het grondwaterpeil en de drainage van bouwterreinen
- 4312011 – ruimen van bouwterreinen
- 4321101 – onderneming voor de installatie van elektrische bedrading en toebehoren
- 4321103 – onderneming voor de installatie van de bedrading voor telefooninstallaties
- 4329101 – het aanbrengen in gebouwen en andere bouwwerken van:
- Thermisch installatiemateriaal - isolatiemateriaal tegen geluid en trillingen
- 4329102 – isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- 4329904 – algemene bouwinstallatie
- 4339001 – reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- 4339002 – overige werkzaamheden in verband me de afwerking van gebouwen, niet eerder genoemd
- 4399201 – gevelreiniging door middel van zandstralen, met behulp van stoom, enzovoort
- 4399901 – onderneming voor het bouwen van funderingen, inclusief helen
- 4399905 – onderneming voor het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden
- 81210 – algemene reiniging van gebouwen
- 8122002 – het lappen van ramen
- 8130001 – snoeien van bomen en heggen
- 8130002 – het aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden
- 852 – onderwijs; lager onderwijs
- 88912 – kinderopvang door onthaalmoeders
- 70220 – overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
- 70210 – adviesbureaus op het gebied van public relations en communicatie
- 7021002 – arbitrage en bemiddeling tussen bedrijfsleiding en werknemers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Antwerpse Steenweg 131a registered office 9100 Sint-Niklaas | ||
| Antwerpse Steenweg 131 9100 Sint-Niklaas 16230 Manufacture of other builders' carpentry and joinery | 28-01-2014 | 2.228.318.840 |
Buildings and parcels at the address
- Ground area
- 469 m²
- Buildings
- 177 m²
- Volume, LiDAR
- 1,264 m³
- Tallest building
- 9.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46445D1484/00P003 | 469 m² | 1 · 177 m² | 9.8 m · 2 |
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 0544.997.369