MP BUILDING
ActiveSummary
MP BUILDING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €3k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+60
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 9.41 against 5.83 in 2024; short-term debt: 9.4% and cash: 75.5% of total assets), and 13.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
86.9%
Return on assets
1.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d late
2023
13 d late
2022
4 d early
2021
5 d late
2020
10 d late
2019
76 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€204k▲ 1.3%
2024 · €201k
2018: €99klowest in 8 years
2019: €102k▲ +2.7% vs 2018
2020: €113k▲ +11.2% vs 2019
2021: €178k▲ +57.2% vs 2020
2022: €215k▲ +20.4% vs 2021
2023: €220k▲ +2.5% vs 2022highest in 8 years
2024: €201k▼ -8.6% vs 2023
2025: €204k▲ +1.3% vs 2024
2018 → 2025
Total assets
€234k▼ 8.5%
2024 · €256k
2018: €566k
2019: €1.41M▲ +149% vs 2018highest in 8 years
2020: €597k▼ -57.7% vs 2019
2021: €391k▼ -34.5% vs 2020
2022: €389k▼ -0.6% vs 2021
2023: €361k▼ -7.1% vs 2022
2024: €256k▼ -29.0% vs 2023
2025: €234k▼ -8.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€3k
2024 · €-19k
2018: €8k
2019: €3k▼ -68.6% vs 2018
2020: €11k▲ +329% vs 2019
2021: €65k▲ +468% vs 2020highest in 8 years
2022: €36k▼ -44.1% vs 2021
2023: €5k▼ -85.5% vs 2022
2024: €-19k▼ -458% vs 2023lowest in 8 years
2025: €3k▲ +114% vs 2024
2018 → 2025
Working capital
€185k▲ 2.1%
2024 · €181k
2018: €72klowest in 8 years
2019: €72k▲ +0.1% vs 2018
2020: €92k▲ +28.2% vs 2019
2021: €163k▲ +76.0% vs 2020
2022: €191k▲ +17.5% vs 2021
2023: €198k▲ +3.8% vs 2022highest in 8 years
2024: €181k▼ -8.7% vs 2023
2025: €185k▲ +2.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€215k▲ 20.4%€220k▲ 2.5%€201k▼ 8.6%€204k▲ 1.3%
2021: €178klowest in 5 years
2022: €215k▲ +20.4% vs 2021
2023: €220k▲ +2.5% vs 2022highest in 5 years
2024: €201k▼ -8.6% vs 2023
2025: €204k▲ +1.3% vs 2024
Operating result€94k-€47k▼ 50.2%€4k▼ 92.3%€-17k€4k
2021: €94khighest in 5 years
2022: €47k▼ -50.2% vs 2021
2023: €4k▼ -92.3% vs 2022
2024: €-17k▼ -576% vs 2023lowest in 5 years
2025: €4k▲ +121% vs 2024
Net result€65k-€36k▼ 44.1%€5k▼ 85.5%€-19k€3k
2021: €65khighest in 5 years
2022: €36k▼ -44.1% vs 2021
2023: €5k▼ -85.5% vs 2022
2024: €-19k▼ -458% vs 2023lowest in 5 years
2025: €3k▲ +114% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €17k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€28k ▼ 26.8%
Current assets
€207k ▼ 5.3%
Equity and liabilities €234k
Equity
€204k ▲ 1.3%
Debt
€31k ▼ 44.3%
Debt's share of the balance-sheet total falls from 21.5% to 13.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €-7k
Cash flow
€13k▲
2024 · €-9k
Current ratio
9.41▲
2024 · 5.83
Quick ratio
9.02▲
2024 · 5.23
Debt to equity
0.15▼
2024 · 0.27
ROE
1.3%▲
2024 · -9.4%
ROA
1.2%▲
2024 · -7.4%
Interest coverage
12.48▲
2024 · -3.55
Debt ≤ 1 year
€22k▼
2024 · €38k
Debt > 1 year
€9k▼
2024 · €18k
Income taxes
€62▲
2024 · €-4
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€256k€234k▼
Fixed assets21/28€38k€28k▼
Tangible fixed assets22/27€38k€28k▼
Land and buildings22€10k€10k=
Plant, machinery and equipment23€3k€2k▼
Leasing and similar rights25€25k€16k▼
Current assets29/58€219k€207k▼
Stocks and contracts in progress3€22k€9k▼
Contracts in progress37€22k€9k▼
Amounts receivable within one year40/41€49k€18k▼
Trade receivables40€47k€16k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€143k€177k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€256k€234k▼
Equity10/15€201k€204k▲
Contributions10/11€19k€19k=
Reserves13€182k€182k=
Distributable reserves133€182k€182k=
Profit (loss) carried forward14€6€3k▲
Amounts payable17/49€55k€31k▼
Amounts payable after more than one year17€18k€9k▼
Financial debts170/4€18k€9k▼
Amounts payable within one year42/48€38k€22k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€2k€0▼
Taxes450/3€2k€0▼
Other amounts payable47/48€14k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-5k€16k▲
Operating profit (loss)9901€-17k€4k▲
Financial income75/76B€330€240▼
Recurring financial income75€330€240▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-19k€3k▲
Income taxes67/77€-4€62▲
Profit (loss) for the period9904€-19k€3k▲
Profit (loss) for the period to be appropriated9905€-19k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€3k▲
Profit (loss) brought forward from the previous period14P-€6
Transfer from equity791/2€19k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €11k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €8k | €10k | €10k | €10k | = |
| Other operating charges640/8 | €2k | €1k | €2k | €2k | €2k | ▼ 2.6% |
| Gross operating margin9900 | €102k | €56k | €15k | €-5k | €16k | ▲ 415% |
| Operating profit (loss)9901 | €94k | €47k | €4k | €-17k | €4k | ▲ 121% |
| Financial income75/76B | €635 | €6k | €6k | €330 | €240 | ▼ 27.1% |
| Recurring financial income75 | €635 | €6k | €6k | €330 | €240 | ▼ 27.1% |
| Financial charges65/66B | €12k | €1k | €2k | €2k | €1k | ▼ 45.4% |
| Recurring financial charges65 | €12k | €1k | €2k | €2k | €1k | ▼ 45.4% |
| Profit (loss) for the period before taxes9903 | €83k | €51k | €8k | €-19k | €3k | ▲ 115% |
| Income taxes67/77 | €18k | €15k | €2k | €-4 | €62 | ▲ 1,749% |
| Profit (loss) for the period9904 | €65k | €36k | €5k | €-19k | €3k | ▲ 114% |
| Profit (loss) for the period to be appropriated9905 | €65k | €36k | €5k | €-19k | €3k | ▲ 114% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €391k | €389k | €361k | €256k | €234k | ▼ 8.5% |
| Fixed assets21/28 | €16k | €58k | €48k | €38k | €28k | ▼ 26.8% |
| Tangible fixed assets22/27 | €16k | €58k | €48k | €38k | €28k | ▼ 26.8% |
| Land and buildings22 | €10k | €10k | €10k | €10k | €10k | = |
| Plant, machinery and equipment23 | - | €5k | €4k | €3k | €2k | ▼ 45.4% |
| Furniture and vehicles24 | €6k | €88 | €0 | - | - | - |
| Leasing and similar rights25 | - | €42k | €34k | €25k | €16k | ▼ 35.4% |
| Current assets29/58 | €375k | €331k | €313k | €219k | €207k | ▼ 5.3% |
| Amounts receivable after more than one year29 | €64k | €284k | €0 | - | - | - |
| Other amounts receivable291 | €64k | €284k | €0 | - | - | - |
| Stocks and contracts in progress3 | €274k | €0 | €18k | €22k | €9k | ▼ 61.4% |
| Stocks30/36 | €274k | €0 | - | - | - | - |
| Contracts in progress37 | - | - | €18k | €22k | €9k | ▼ 61.4% |
| Amounts receivable within one year40/41 | €30k | €37k | €23k | €49k | €18k | ▼ 64.5% |
| Trade receivables40 | €30k | €32k | €20k | €47k | €16k | ▼ 66.1% |
| Other amounts receivable41 | €11 | €5k | €3k | €2k | €2k | ▼ 27.3% |
| Cash at bank and in hand54/58 | €4k | €0 | €264k | €143k | €177k | ▲ 23.9% |
| Deferred charges and accrued income490/1 | €3k | €9k | €9k | €4k | €4k | ▼ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €391k | €389k | €361k | €256k | €234k | ▼ 8.5% |
| Equity10/15 | €178k | €215k | €220k | €201k | €204k | ▲ 1.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €159k | €196k | €201k | €182k | €182k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €157k | €194k | €201k | €182k | €182k | = |
| Profit (loss) carried forward14 | €772 | €0 | - | €6 | €3k | ▲ 47,562% |
| Amounts payable17/49 | €213k | €174k | €141k | €55k | €31k | ▼ 44.3% |
| Amounts payable after more than one year17 | - | €34k | €26k | €18k | €9k | ▼ 50.6% |
| Financial debts170/4 | - | €34k | €26k | €18k | €9k | ▼ 50.6% |
| Amounts payable within one year42/48 | €213k | €140k | €115k | €38k | €22k | ▼ 41.4% |
| Current portion of amounts payable after more than one year42 | - | €10k | €8k | €8k | €9k | ▲ 4.7% |
| Financial debts43 | €89k | €16k | €0 | - | - | - |
| Credit institutions430/8 | €89k | €16k | €0 | - | - | - |
| Trade debts44 | €56k | €51k | €13k | €9k | €7k | ▼ 15.6% |
| Suppliers440/4 | €56k | €51k | €13k | €9k | €7k | ▼ 15.6% |
| Advances received on contracts in progress46 | - | €3k | €4k | €4k | €4k | = |
| Taxes, remuneration and social security45 | €60k | €33k | €2k | €2k | €0 | ▼ 100% |
| Taxes450/3 | €60k | €33k | €2k | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | €8k | €26k | €87k | €14k | €1k | ▼ 89.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65k | €36k | €5k | €-19k | €3k | ▲ 114% |
| + Depreciation and write-downs630 | €6k | €8k | €10k | €10k | €10k | = |
| Operating cash flow (approximation) | €71k | €45k | €15k | €-9k | €13k | ▲ 245% |
| Investment in fixed assets (approximation) | - | €-50k | €88 | €0 | €0 | - |
| Change in cash | - | €-4k | €264k | €-121k | €34k | ▲ 128% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.83
Current ratio from 2.72 to 5.83; short-term debt falls from €115k to €38k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €215k ▲20.4%
5 profitable years in a row build equity to €215k.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Highest result since 2018net €65k ▲468%
Operating result €94k, net result €65k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲57.2%
4 profitable years in a row build equity to €178k.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
Show earlier events
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲2.7%
2 profitable years in a row build equity to €102k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Laarne · 1 establishment unit since 2011
Ground area
532 m²
Building footprint
158 m²
Volume, LiDAR
771 m³
Parcel 42010B1239/00D002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MP Building
since 20112.198.054.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B1239/00D002 | Flanders | 532 m² | 1 · 158 m² | 7.5 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,326 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
Founded05-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.