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MP-CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsMaaseikerbaan 22, 3600 Genk, BelgiumKBO/BCE: BE 0798.731.751
Summary

The computed 12-month bankruptcy probability of MP-CONSTRUCT is 6.6% (elevated). The 2024 annual accounts show equity of €23,521 and a net result of €8,521, of which €11,000 non-recurring income. Its solvency ranks better than 39% of 35,972 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Floor and wall tiling
NACE 43331
1 site
Size
€316,504turnover 2024
Staff
≈ 0 FTE, estimated
Equity
€23,521
Profit
€8,521
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.6%
Structure
2024 accounts filed 35 days late
Why 35raises riskFigures for financial year 2024 (filed 05-09-2025)Size: turnover €316,504, total assets €64,3221 financial year not filed after the legal deadline; last filed accounts filed 35 days late; 1 of the last 3 lateFounded in 2023Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 34% of its sector peers (NACE 43, micro)
Financial strength
Average
Solvency 62
equity 36.6% of total assets
Liquidity 32
short-term debt 40.1% · cash 0.6%
Profitability 72
return on assets 13.2%
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024lowest value 01-2025: 3.2%▲ +0.3 percentage points vs 12-2024 02-2025: 3.3%▲ +0.1 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.3%● unchanged vs 07-2025 09-2025: 7.3%▲ +4.0 percentage points vs 08-2025highest value 10-2025: 4.3%▼ -3.0 percentage points vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.3%● unchanged vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026 03-2026: 4.5%▲ +0.2 percentage points vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 4.5%● unchanged vs 04-2026 06-2026: 4.5%● unchanged vs 05-2026 07-2026: 4.5%● unchanged vs 06-2026 08-2026: 5.2%▲ +0.7 percentage points vs 07-2026 09-2026: 5.4%▲ +0.2 percentage points vs 08-2026 10-2026: 6.6%▲ +1.2 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.24, above the usual 1.5; short-term debt: 40.1% and cash: 0.6% of total assets), but 63.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 39% on solvency, 20% on liquidity and 42% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.
raises risk
raises risk · Figures for financial year 2024 (filed 05-09-2025)
NBB · annual accounts
raises risk · Size: turnover €316,504, total assets €64,322
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 35 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2024 accounts filed 35 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 35 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: MOSCHONAS Emmanuel (director) ·…

Financials · financial year 2024, micro format

2024 annual accounts filed late (35 days) Filed on 4 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00481155.

Turnover
€316,504
EBIT margin
3.7%
Net result
€8,521
Working capital
€31,890
Balance-sheet composition
Assets €64,322
Fixed assets €6,631
Current assets €57,691
Equity and liabilities €64,322
Equity €23,521
Debt €40,801
Debt finances 63.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€20,347
Cash flow
€17,153
Current ratio
2.24
Quick ratio
1.87
Debt to equity
1.73
ROE
36.2%
ROA
13.2%
Interest coverage
over 100
Debt ≤ 1 year
€25,801
Debt > 1 year
€15,000
Income taxes
€3,181
Staff costs
€1,018

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are 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% still going

For this company itself Checked computes a higher bankruptcy probability: 6.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 42 lines
Balance sheet Code2024
Assets
Total assets20/58€64,322
Fixed assets21/28€6,631
Tangible fixed assets22/27€6,631
Plant, machinery and equipment23€2,478
Furniture and vehicles24€4,153
Current assets29/58€57,691
Stocks and contracts in progress3€9,434
Stocks30/36€4,709
Contracts in progress37€4,725
Amounts receivable within one year40/41€45,937
Trade receivables40€41,404
Other amounts receivable41€4,533
Cash at bank and in hand54/58€361
Deferred charges and accrued income490/1€1,960
Equity and liabilities
Total equity and liabilities10/49€64,322
Equity10/15€23,521
Contributions10/11€15,000
Profit (loss) carried forward14€8,521
Amounts payable17/49€40,801
Amounts payable after more than one year17€15,000
Financial debts170/4€15,000
Amounts payable within one year42/48€25,801
Trade debts44€16,495
Suppliers440/4€16,495
Taxes, remuneration and social security45€9,306
Taxes450/3€5,306
Remuneration and social security454/9€4,000
Income statement Code2024
Turnover70€316,504
Non-recurring operating income76A€11,000
Goods, raw materials, services and sundry goods60/61€310,858
Remuneration, social security and pensions62€1,018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,632
Other operating charges640/8€8
Gross operating margin9900€21,373
Operating profit (loss)9901€11,715
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€11,703
Income taxes67/77€3,181
Profit (loss) for the period9904€8,521
Profit (loss) for the period to be appropriated9905€8,521
Appropriation of the result
Profit (loss) to be appropriated9906€8,521

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€316,504
Non-recurring operating income76A€11,000
Goods, raw materials, services and sundry goods60/61€310,858
Remuneration, social security and pensions62€1,018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,632
Other operating charges640/8€8
Gross operating margin9900€21,373
Operating profit (loss)9901€11,715
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€11,703
Income taxes67/77€3,181
Profit (loss) for the period9904€8,521
Profit (loss) for the period to be appropriated9905€8,521
Line2024
Assets
Total assets20/58€64,322
Fixed assets21/28€6,631
Tangible fixed assets22/27€6,631
Plant, machinery and equipment23€2,478
Furniture and vehicles24€4,153
Current assets29/58€57,691
Stocks and contracts in progress3€9,434
Stocks30/36€4,709
Contracts in progress37€4,725
Amounts receivable within one year40/41€45,937
Trade receivables40€41,404
Other amounts receivable41€4,533
Cash at bank and in hand54/58€361
Deferred charges and accrued income490/1€1,960
Equity and liabilities
Total equity and liabilities10/49€64,322
Equity10/15€23,521
Contributions10/11€15,000
Profit (loss) carried forward14€8,521
Amounts payable17/49€40,801
Amounts payable after more than one year17€15,000
Financial debts170/4€15,000
Amounts payable within one year42/48€25,801
Trade debts44€16,495
Suppliers440/4€16,495
Taxes, remuneration and social security45€9,306
Taxes450/3€5,306
Remuneration and social security454/9€4,000
Line2024
Profit (loss) for the period9904€8,521
+ Depreciation and write-downs630€8,632
Operating cash flow (approximation)€17,153

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 04-09-2025 2025-00481155

Similar companies · same sector, comparable size

Of the 3,899 active companies whose main activity is floor and wall tiling (NACE 43331), figures are known for 1,822. 1,443 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
MOSCHONAS Emmanuel
Director (not named in the articles) · since 24-02-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MOSCHONAS Emmanuel
  • Director (not named in the articles), from 24-02-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 24-02-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-02-2023 Incorporation · €15,000

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

On 22 February 2023, MP-CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €15,000.12 MOSCHONAS Emmanuel has served as director of the company since 2023.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-02-2023
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
04-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 35 days late
2023
24-02
Gazette deed Incorporation
Appointment: MOSCHONAS Emmanuel (director) · Founding capital · Founder4 facts ▸
  • Founding capital, €15,000
  • Director appointment, MOSCHONAS Emmanuel (director (not named in the articles))
  • Incorporation, “MP-CONSTRUCT” (deed in Dutch)
  • Founder, MOSCHONAS Emmanuel
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded22-02-2023
Financial year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
Contact
E-mail emmanuel.moschonas73@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798731751
Also 9925:BE0798731751
Registered 02-09-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0798.731.751

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
325 m²
Building footprint
157 m²
Parcel 71303B1155/00N002, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MP-CONSTRUCT
Maaseikerbaan 22, 3600 GenkFloor and wall tiling
since 2023unit no. 2.348.509.362
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71303B1155/00N002 Flanders 325 m² 1 · 157 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het bekleden en herstellen van vloeren en wanden met keramische,betonnen,natuurstenen of marmeren tegels,mozaïek,of elementen van…” (deed in Dutch)
46 activities (deed in Dutch)
  1. Het bekleden en herstellen van vloeren en wanden met keramische,betonnen,natuurstenen of marmeren tegels,mozaïek,of elementen van natuursteen of marmer en dit in bedrijven en particuliere woningen;
  2. Het plaatsen van een vloeronderlaag met chape en isolatie;
  3. Het plaatsen van vloerverwarming;
  4. Het plaatsen van vloerbekleding in kunststof in het algemeen en laminaten in het bijzonder;
  5. Het leggen van parketvloeren en plaatsen van houten wand- en vloerbekleding
  6. Het aanleggen van opritten en terrassen;
  7. Groot- en kleinhandel in bouwmaterialen zoals zand,grind,cement,bakstenen,vloeren,…;
  8. Import en export van bouwmaterialen zoals zand,grind,cement,bakstenen,vloeren,…;
  9. Groot- en kleinhandel in sanitaire artikelen;
  10. Import en export van sanitaire artikelen;
  11. De bewerking van door steengroeven geleverde ruwe steen;
  12. Het bouwen van appartementen en woningen “sleutel op de deur”;
  13. De verhuur van bouwwerktuigen en -machines met en zonder bedieningspersoneel,verhuur van machines voor de bouwnijverheid met en zonder bedieningspersoneel,de verhuur van afvalcontainers;
  14. Het beheer van de investeringen en de deelname in alle bestaande of op te richten vennootschappen,de uitoefening van bedrijfsfuncties,het verschaffen van adviezen,het beheer van ondernemingen,management en andere diensten gelijkaardig aan de activiteiten van de vennootschap. Deze diensten kunnen worden geleverd op contractuele of statutaire basis en in de hoedanigheid van externe adviseur of orgaan;
  15. Het uitbaten van één of meer kleinhandels in kranten,boeken,papierwaren,kantoorbehoeften,speelgoed,producten van suikerbakkerij,confiserie,alsook dranken,rookartikelen,uurwerken,spellen en speelgoed,computerbenodigdheden,muziek- en beelddragers,batterijen,fotografische en cinematografische films;
  16. Via commissionering optreden als tussenpersoon van kansspelen zoals Lotto,Toto,Nationale Loterijen en dergelijke,echter zonder dat deze opsomming beperkend is,doch enkel aanwijzend;
  17. Postpunt B-post;
  18. De verkoop van geschenkartikelen en fantasiejuwelen;
  19. Ophaalpunt aankopen webshop van derden;
  20. Sportweddenschappen;
  21. Aan- en verkoop van wagens,zowel nieuw als tweedehands,in- en uitvoer voor eigen rekening of voor rekening van een derde,zelfs niet-Europeanen;
  22. Uitbaten van een car- en truckwash en het wassen van alle vervoermiddelen binnen en buiten,onderhoud van voertuigen;
  23. Transport van goederen;
  24. Verkoop van algemene voedingswaren en verkoop van zuivelproducten;
  25. Groot en kleinhandel in nieuwe en gebruikte motorvoertuigen,reparatie van auto’s,motorrijwielen,kortom handel in auto’s;
  26. Groot en kleinhandel in nieuwe en gebruikte autobussen,touringcars,minibusjes,motorhomes;
  27. Groot en kleinhandel in onderdelen en toebehoren van auto’s,inclusief de groot en kleinhandel in tweedehandse onderdelen;
  28. Handelsbemiddeling in nieuwe en gebruikte auto’s voor personenvervoer,inclusief die voor bijzonder doeleinden (bv ambulances);
  29. De reparatie van auto’s,van de mechanische onderdelen en van de elektrische installatie,tevens de revisie van automotoren;
  30. Het gewone onderhoud van auto’s onder andere wassen,anti-roestbehandelingen,olie verversen,vervangen en herstellen van banden,vervangen van ruiten,enzoverder;
  31. Het slepen van auto’s en de hulpverlening bij pech onderweg;
  32. Verhuur van personenauto’s met of zonder chauffeur,op korte termijn of op lange termijn,daarbij ook de operationele leasing van personenauto’s met of zonder chauffeur voor motorvoertuigen;
  33. Groot en kleinhandel in fietsen en speedelec fietsen,sport en kampeerartikelen,tevens de reparatie van fietsen en elektrische steps en scooters;
  34. De verhuur en lease van sport en recreatieartikelen;
  35. De uitbating van een drankgelegenheid,restaurant,tearoom,snackbar,fast food-zaak,sandwichbar,crêperie,warmwafelkraam,ijssalon,drive-in restaurant,pizzeria,frituur,gastenkamers en hotel;
  36. De bereiding en verkoop van koude en warme dranken,gerechten,confiserie,bereide vis- en vleeswaren,rookwaren,ijsroom,bieren,waters,limonades,fruitsappen,koffie,thee en alle andere dranken,sandwiches,gebak,kaas en alle andere eetwaren;
  37. De uitbating van een ontbijtservice met al dan niet levering aan huis;
  38. De verkoop van dranken voor in het algemeen consumptie ter plaatse,eventueel in combinatie met enigerlei vorm van amusement door café,bars en nachtclubs;
  39. Eetgelegenheden met volledige bediening: restaurant van het traditionele type,de caférestaurants (tavernen);
  40. Eetgelegenheden met beperkte bediening: verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden en,in het algemeen in een wegwerpverpakking aangeboden worden in cafetaria’s;
  41. Catering: het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels,alsook het organiseren en verzorgen van lunches,recepties,enzoverder;
  42. De uitbating van alle mogelijke horecazaken met inbegrip van onder meer cafés,restaurants,eethuizen,bars,wijnbars,snackbars,broodjeszaken,pitazaken,pizzeria’s,frituren,hotels,logementshuizen,gastenkamers en dergelijke meer;
  43. De uitbating van café amusementspelen;
  44. Landschapsverzorging,tuinaanleg,onderhoud en ontwerp in de meest ruime zin zoals onder meer:
  45. Het snoeien van bomen en heggen,aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden; bosbouw,plantenvermeerdering en;
  46. Het aanleggen van parken en tuinen,speelpleinen,sportvelden,bosbouwgebieden.

The full purpose is in the deed

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Genk, Maaseikerbaan 22,3600 Genk” (deed in Dutch)

deed of 24-02-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, aantal,duur opdracht,bevoegdheid bij meerdere” (deed in Dutch)

deed of 24-02-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Monday of June at 10:00

deed of 24-02-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Oproeping algemene vergadering, vermelden agenda” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura zelfde wijze, aanzuivering schulden,lasten,kosten…” (deed in Dutch)
7 more provisions in the deed, see the deed of 24-02-2023

deed of 24-02-2023