MP CONSTRUCTIONS
ActiveMP CONSTRUCTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-218. Equity is shrinking by ~13.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 17% of 7196 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency17▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.03 in 2024), and 91.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.4%
Return on assets
-0.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7196 sector peers (2025).
NBB · sector comparisonPosition among 7196 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
3 d early
2023
30 d late
2022
31 d late
2021
23 d late
2020
30 d late
2019
39 d early
← before the deadline
after the deadline →
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
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 3.4%
2024 · €6k
2018: €46k
2019: €41k
2020: €41k
2021: €46k
2022: €56k
2023: €1k
2024: €6k
2018 → 2025
Total assets
€73k▼ 28.6%
2024 · €102k
2018: €107k
2019: €115k
2020: €103k
2021: €79k
2022: €122k
2023: €78k
2024: €102k
2018 → 2025
Net result
€-218
2024 · €5k
2018: €6k
2019: €-5k
2020: €795
2021: €5k
2022: €10k
2023: €-55k
2024: €5k
2018 → 2025
Working capital
€1k▼ 35.6%
2024 · €2k
2018: €35k
2019: €27k
2020: €30k
2021: €35k
2022: €52k
2023: €2k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€56k▲ 21.2%€1k▼ 97.4%€6k▲ 334%€6k▼ 3.4%
Operating result€32k-€43k▲ 35.2%€-51k€8k€7k▼ 13.7%
Net result€5k-€10k▲ 107%€-55k€5k€-218
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€18k▼ 24.3%
Current assets
€55k▼ 29.9%
Equity and liabilities €73k
Equity
€6k▼ 3.4%
Debt
€67k▼ 30.3%
The debt ratio falls from 93.8% to 91.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€15k▲
2024 · €15k
Cash flow
€8k▼
2024 · €12k
Solvency
8.4%▲
2024 · 6.2%
Current ratio
1.02▼
2024 · 1.03
Quick ratio
1.02▼
2024 · 1.02
Debt / equity
10.86▼
2024 · 15.05
ROE
-3.5%▼
2024 · 76.9%
ROA
-0.3%▼
2024 · 4.8%
Interest coverage
2.07▼
2024 · 4.44
Debt
€67k▼
2024 · €96k
Debt ≤ 1 year
€54k▼
2024 · €77k
Debt > 1 year
€13k▼
2024 · €19k
Staff costs
€177k▲
2024 · €123k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€73k▼
Fixed assets21/28€23k€18k▼
Tangible fixed assets22/27€23k€17k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€407€15k▲
Leasing and similar rights25€19k-
Financial fixed assets28€250€250=
Current assets29/58€79k€55k▼
Stocks and contracts in progress3€100€100=
Stocks30/36€100€100=
Amounts receivable within one year40/41€45k€40k▼
Trade receivables40€40k€34k▼
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€32k€15k▼
Deferred charges and accrued income490/1€2k€737▼
Equity and liabilities
Total equity and liabilities10/49€102k€73k▼
Equity10/15€6k€6k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-14k€-14k▼
Amounts payable17/49€96k€67k▼
Amounts payable after more than one year17€19k€13k▼
Financial debts170/4€19k€13k▼
Amounts payable within one year42/48€77k€54k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€21k€15k▼
Taxes450/3€15k€786▼
Remuneration and social security454/9€6k€15k▲
Other amounts payable47/48€15k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€123k€177k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€574€2k▲
Non-recurring operating charges66A€12k-
Gross operating margin9900€150k€194k▲
Operating profit (loss)9901€8k€7k▼
Financial income75/76B-€14
Recurring financial income75-€14
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€5k€-218▼
Profit (loss) for the period9904€5k€-218▼
Profit (loss) for the period to be appropriated9905€5k€-218▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-14k▼
Profit (loss) brought forward from the previous period14P€-19k€-14k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-55k ▼656%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲107%
Operating result €43k, net result €10k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €795
Net result €795 after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Rendeux · 1 establishment unit since 2005
Ground area
1,060 m²
Building footprint
223 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
MP CONSTRUCTIONS
since 20052.144.667.426
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83044B0542/00K000 | Wallonia | 706 m² | 1 · 106 m² | - |
| 83036C0613/00R000 | Wallonia | 354 m² | 1 · 117 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Livingstone²
BE 0738.888.293
Knokke-Heist · Eq €6k
Hulk Construction Service
BE 0644.598.454
Waterloo · Eq €6k
RCB CONSTRUCT
BE 0775.603.090
Brussel · Eq €6k
BosBei
BE 0778.748.464
Bree · Eq €6k
TAKECARE
BE 0761.453.067
Braives · Eq €6k
Of 29,518 companies in sector 41001 we hold annual accounts for 15,849. 7,201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2005
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.