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MONO CONSTRUCT

Active
Private limited companyfounded 2022active for 4 yearsNoordberm 53, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0785.722.467
Summary

The computed 12-month bankruptcy probability of MONO CONSTRUCT is 8.1% (elevated). The 2024 annual accounts show equity of €44,813 and a net result of €10,995. Its solvency ranks better than 33% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 04-05-2022 Normal situation
Activity
Roofing work NACE 43410and 5 others
Establishment unit
2.330.964.537 3550 Heusden-Zolder, since 04-05-2022
Financial year end
31 December
Peppol
Reachable since 13-10-2026

Board and ownership

Board

Financial position

35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.1%
Annual accounts 2024
Gross margin
€51,949
▲ 22.5%
Turnover
≈ €220,000
estimated
Profit
€10,995
▼ 64.3%
Equity
€44,813
▲ 32.5%
Total assets
€144,744
▲ 91.0%
  • 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 315 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 11-06-2026)Size: total assets €144,744Founded in 2022Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 55% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 56-14
equity 31.0% of total assets
Liquidity 58-17
short-term debt 32.2% · cash 17.6%
Profitability 78-22
return on assets 7.6%
Bankruptcy probability within 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.3%lowest value 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.7 percentage points vs 07-2025 09-2025: 2.3%▲ +0.3 percentage points vs 08-2025 10-2025: 3.4%▲ +1.1 percentage points vs 09-2025 11-2025: 3.5%▲ +0.1 percentage points vs 10-2025 12-2025: 4.6%▲ +1.1 percentage points vs 11-2025 01-2026: 6.1%▲ +1.5 percentage points vs 12-2025 02-2026: 6.0%▼ -0.1 percentage points vs 01-2026 03-2026: 6.1%▲ +0.1 percentage points vs 02-2026 04-2026: 5.6%▼ -0.5 percentage points vs 03-2026 05-2026: 5.5%▼ -0.1 percentage points vs 04-2026 06-2026: 5.4%▼ -0.1 percentage points vs 05-2026 07-2026: 4.7%▼ -0.7 percentage points vs 06-2026 08-2026: 5.7%▲ +1.0 percentage point vs 07-2026 09-2026: 6.3%▲ +0.6 percentage points vs 08-2026 10-2026: 8.1%▲ +1.8 percentage points vs 09-2026highest value 11-2026: 8.1%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.34 (2.01 in 2023), below the usual 1.5. Short-term debt is 32.2% and cash 17.6% of total assets. 69% of the assets are financed with debt and provisions.
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 33% of them on solvency, 55% on liquidity, 56% on profitability and 76% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 315 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 11-06-2026)
NBB · annual accounts
raises risk · Size: total assets €144,744
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 315 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2026, 315 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
315 days late
2023
41 days late
← 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 178 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Financials

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.

Annual accounts 2024 filed on 11-06-2026 PDF all 2 filings

Turnover
≈ €220,000
Estimated: probably between €140,000 and €300,000
Total assets
€144,744▲ 91.0%
2023 · €75,769
Net result
€10,995▼ 64.3%
2023 · €30,818
Working capital
€15,783▼ 41.7%
2023 · €27,089
Trend over the years

2023 to 2024, 2 financial years

The operating result for 2024 is 54% lower than in 2023.

Operating result€17,946 2024 Net result€10,995 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€39,046-€17,946▼ 54.0%
Net result€30,818above the sector's middle half-€10,995within the sector's middle half▼ 64.3%
Equity€33,818within the sector's middle half-€44,813within the sector's middle half▲ 32.5%
Total assets€75,769within the sector's middle half-€144,744within the sector's middle half▲ 91.0%
Debt€41,951-€99,931▲ 138%
Working capital€27,089within the sector's middle half-€15,783within the sector's middle half▼ 41.7%
Solvency44.6%within the sector's middle half-31.0%within the sector's middle half▼ 13.7pp
Current ratio2.01within the sector's middle half-1.34within the sector's middle half▼ 0.67
Return on assets (ROA)40.7%above the sector's middle half-7.6%within the sector's middle half▼ 33.1pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144,744
Fixed assets €82,307 ▲ 279%
Current assets €62,437 ▲ 15.6%
Equity and liabilities €144,744
Equity €44,813 ▲ 32.5%
Debt €99,931 ▲ 138%
Debt's share of the balance-sheet total rises from 55.4% to 69.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€48,336▲
2023 · €41,531
Cash flow
€41,385▲
2023 · €33,303
Debt to equity
2.23▲
2023 · 1.24
ROE
24.5%▼
2023 · 91.1%
Interest coverage
12.25▼
2023 · over 100
Debt ≤ 1 year
€46,654▲
2023 · €26,944
Debt > 1 year
€53,277▲
2023 · €14,507
Income taxes
€4,436▼
2023 · €8,282
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20232024
Tangible fixed assets€24,220€90,961
Depreciation and write-downs of the year€2,485€30,390

Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€75,769€144,744▲
Fixed assets21/28€21,736€82,307▲
Tangible fixed assets22/27€21,736€82,307▲
Furniture and vehicles24€21,736€82,307▲
Current assets29/58€54,033€62,437▲
Amounts receivable within one year40/41€27,906€35,233▲
Trade receivables40€13,868€3,619▼
Other amounts receivable41€14,038€31,614▲
Cash at bank and in hand54/58€24,888€25,488▲
Deferred charges and accrued income490/1€1,239€1,716▲
Equity and liabilities
Total equity and liabilities10/49€75,769€144,744▲
Equity10/15€33,818€44,813▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€30,818€41,813▲
Amounts payable17/49€41,951€99,931▲
Amounts payable after more than one year17€14,507€53,277▲
Financial debts170/4€14,507€53,277▲
Amounts payable within one year42/48€26,944€46,654▲
Current portion of amounts payable after more than one year42€3,184€15,537▲
Trade debts44€14,699€18,324▲
Suppliers440/4€14,699€18,324▲
Taxes, remuneration and social security45€9,062€12,793▲
Taxes450/3€9,062€12,793▲
Accrued charges and deferred income492/3€500-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,485€30,390▲
Other operating charges640/8€879€3,613▲
Gross operating margin9900€42,410€51,949▲
Operating profit (loss)9901€39,046€17,946▼
Financial income75/76B€427€1,431▲
Recurring financial income75€427€1,431▲
Financial charges65/66B€373€3,946▲
Recurring financial charges65€373€3,946▲
Profit (loss) for the period before taxes9903€39,100€15,431▼
Income taxes67/77€8,282€4,436▼
Profit (loss) for the period9904€30,818€10,995▼
Profit (loss) for the period to be appropriated9905€30,818€10,995▼
Appropriation of the result
Profit (loss) to be appropriated9906€30,818€41,813▲
Profit (loss) brought forward from the previous period14P-€30,818

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 11-06-2026.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,485€30,390▲ 12×
Other operating charges640/8€879€3,613▲ 311%
Gross operating margin9900€42,410€51,949▲ 22.5%
Operating profit (loss)9901€39,046€17,946▼ 54.0%
Financial income75/76B€427€1,431▲ 235%
Recurring financial income75€427€1,431▲ 235%
Financial charges65/66B€373€3,946▲ 959%
Recurring financial charges65€373€3,946▲ 959%
Profit (loss) for the period before taxes9903€39,100€15,431▼ 60.5%
Income taxes67/77€8,282€4,436▼ 46.4%
Profit (loss) for the period9904€30,818€10,995▼ 64.3%
Profit (loss) for the period to be appropriated9905€30,818€10,995▼ 64.3%
Line20232024Change
Assets
Total assets20/58€75,769€144,744▲ 91.0%
Fixed assets21/28€21,736€82,307▲ 279%
Tangible fixed assets22/27€21,736€82,307▲ 279%
Furniture and vehicles24€21,736€82,307▲ 279%
Current assets29/58€54,033€62,437▲ 15.6%
Amounts receivable within one year40/41€27,906€35,233▲ 26.3%
Trade receivables40€13,868€3,619▼ 73.9%
Other amounts receivable41€14,038€31,614▲ 125%
Cash at bank and in hand54/58€24,888€25,488▲ 2.4%
Deferred charges and accrued income490/1€1,239€1,716▲ 38.5%
Equity and liabilities
Total equity and liabilities10/49€75,769€144,744▲ 91.0%
Equity10/15€33,818€44,813▲ 32.5%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€30,818€41,813▲ 35.7%
Amounts payable17/49€41,951€99,931▲ 138%
Amounts payable after more than one year17€14,507€53,277▲ 267%
Financial debts170/4€14,507€53,277▲ 267%
Amounts payable within one year42/48€26,944€46,654▲ 73.2%
Current portion of amounts payable after more than one year42€3,184€15,537▲ 388%
Trade debts44€14,699€18,324▲ 24.7%
Suppliers440/4€14,699€18,324▲ 24.7%
Taxes, remuneration and social security45€9,062€12,793▲ 41.2%
Taxes450/3€9,062€12,793▲ 41.2%
Accrued charges and deferred income492/3€500--
Line20232024Change
Profit (loss) for the period9904€30,818€10,995▼ 64.3%
+ Depreciation and write-downs630€2,485€30,390▲ 12×
Operating cash flow (approximation)€33,303€41,385▲ 24.3%
Investment in fixed assets (approximation)--€90,961-
Change in cash-€600-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as MONO CONSTRUCT has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of MONO CONSTRUCT itself is higher: 8.1% within 12 months. It rests on far more data about MONO CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for MONO 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 11-06-2026 2026-00152520 PDF
31-12-2023 micro format 10-09-2024 2024-00459331 PDF

Board & ownership

Directors

Directors
1 director, no change since 2022
YILDIRIM, Dalyan
Director · since 04-05-2022 · term without a fixed end · listed in the 2024 annual accounts, filed on 11-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-05-2022

Owners and capital

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, geheel van bevoegdheden met delegatiemogelijkheid”

Articles of association, deed of 06-05-2022 (in Dutch)

Network & group

MONO CONSTRUCT shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of MONO CONSTRUCT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
11-06
NBB filing Annual accounts 2024 filedPDF
micro format · 315 days late
2024
10-09
NBB filing Annual accounts 2023 filedPDF
micro format · 41 days late
2022
06-05
Gazette deed Incorporation
Appointment: YILDIRIM, Dalyan (director) · Founder · Founding capital6 points ▸
  • Incorporation, 03-05-2022
  • Founder, YILDIRIM, Dalyan
  • Founding capital, €3,000
  • Registered office clause, “3550 Heusden-Zolder, Noordberm 53/12” (deed in Dutch)
  • Director appointment, YILDIRIM, Dalyan (director)
  • Declaration, “beroepsverbod” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 4 May 2022, MONO CONSTRUCT was incorporated as a private limited company.1 YILDIRIM, Dalyan has served as director since 2022.2 The company has filed 2 sets of annual accounts, the latest for financial year 2024.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2024
  3. 3National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name MONO CONSTRUCT in Dutch
Enterprise number 0785.722.467
Legal form Private limited company
Status Active, normale toestand
Founded 04-05-2022
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-05-2022 (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 06-05-2022 (in Dutch)

Registered office and establishments

Registered office Noordberm 53, 3550 Heusden-Zolder, Belgium
Establishment unit MONO CONSTRUCT, Noordberm 53, 3550 Heusden-Zolder since 04-05-2022 · unit number 2.330.964.537

Activities

NACEBEL 2025
43410 Roofing work main activity
43320 Joinery installation
43331 Floor and wall tiling
43422 Screed work
43910 Bricklaying and masonry work
43990 Other specialised construction activities
Codes under NACEBEL 2008
43910 Specialised construction activities main activity
43320 Joinery installation
43331 Floor and wall tiling
43994 Specialised construction activities
43996 Specialised construction activities
43999 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Allerhande dakwerkzaamheden; Chapewerken; Metsel en voegwerken; Allerhande vloer en klinkerwerken; Plaatsen van vloer en wandtegels…”
31 activities
  1. Allerhande dakwerkzaamheden;
  2. Chapewerken;
  3. Metsel en voegwerken;
  4. Allerhande vloer en klinkerwerken;
  5. Plaatsen van vloer en wandtegels;
  6. Plaatsen van vloer en wandbedekking in allerlei materialen;
  7. Allerhande kluswerken in de meest brede vorm;
  8. Afwerking van gebouwen en renovatiewerken;
  9. Allerhande behang en schilderwerken;
  10. Allerhande loodgieterswerken;
  11. Elektrotechnische installatiewerken;
  12. Leggen van kabels en leidingen;
  13. Plaatsen van tussenwanden van gipsplaten;
  14. Isolatiewerkzaamheden;
  15. Allerhande schrijnwerk en de montage ervan;
  16. Zagen, schaven en machinaal bewerken van hout;
  17. Overige gespecialiseerde bouwwerkzaamheden;
  18. Handelsbemiddeling, optreden als handelsvertegenwoordiger;
  19. Managementactiviteiten van holdings, het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van bezit of de controle over het maatschappelijk kapitaal en alle andere managementactiviteiten;
  20. Het waarnemen, bekleden en uitoefenen van mandaten en functies van bestuur en/of controle in en over vennootschappen of bedrijven;
  21. Het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen of ondernemingen alsook alle investerings en financiële verrichtingen uitvoeren, behalve deze voorbehouden aan depositobanken.
  22. Het aankopen, het verkopen, het bouwen, doen bouwen, het doen verbouwen, het huren, het verhuren, het promoten, de leasing, het inrichten en het uitbaten van onroerende goederen;
  23. Het verwerven en beheren van onroerende goederen of zakelijke rechten daarop, in België of in het buitenland;
  24. Het huren, verhuren, in erfpacht of gebruik nemen van onroerende en/of roerende goederen;
  25. Het vormen en beheren van een onroerend en/of roerend patrimonium bestaande uit lichamelijke of onlichamelijke onroerende en/of roerende goederen.
  26. Verhuur van al dan niet gemeubelde huizen en appartementen;
  27. De handel in eigen onroerende goederen: woningen, appartementen en kantoorgebouwen, industriële gebouwen, gronden en terreinen.
  28. Het verwerven, beheren en verkopen van onroerende goederen of zakelijke rechten daarop, in België of in het buitenland;
  29. Het huren, verhuren, in erfpacht of gebruik nemen van onroerende en/of roerende goederen;
  30. Het vormen en beheren van een onroerend en/of roerend patrimonium bestaande uit lichamelijke of onlichamelijke onroerende en/of roerende goederen;
  31. Het afsluiten van zakelijke rechten, het aangaan van erfpacht- en opstalovereenkomsten, onroerende leasing.
deed of 06-05-2022 (in Dutch)

Invoicing and payment

VAT number BE 0785.722.467
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0785722467
Other Peppol ID 9925:BE0785722467
Registered 13-10-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

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 0785.722.467

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 18:00
deed of 06-05-2022 (in Dutch)

Sites & property

Location
registered office establishment approximate The establishment unit on the map

Buildings and parcels at the address

Ground area
764 m²
Building footprint
246 m²
Building volume
968 m³
Cadastral parcel Region Area Buildings Height / floors
71025A1240/00K000indicative Flanders 764 m² 1 · 246 m² 8.2 m · 1