MP2K
ActiveSummary
MP2K has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €2k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency87▲+20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 1.6 in 2024; short-term debt: 23.3% and cash: 5.3% of total assets), and 37.5% 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+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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
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
62.5%
Return on assets
3.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
180 d late
2023
61 d late
2022
98 d late
2021
61 d late
2020
68 d late
2019
90 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
€45k▲ 5.9%
2024 · €42k
2018: €22klowest in 8 years
2019: €25k▲ +12.8% vs 2018
2020: €25k▼ -1.1% vs 2019
2021: €26k▲ +7.6% vs 2020
2022: €39k▲ +47.9% vs 2021
2023: €39k▲ +0.7% vs 2022
2024: €42k▲ +7.0% vs 2023
2025: €45k▲ +5.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€71k▼ 28.2%
2024 · €100k
2018: €104k
2019: €89k▼ -15.1% vs 2018
2020: €102k▲ +15.4% vs 2019
2021: €88k▼ -14.2% vs 2020
2022: €249k▲ +184% vs 2021highest in 8 years
2023: €105k▼ -57.8% vs 2022
2024: €100k▼ -5.2% vs 2023
2025: €71k▼ -28.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€2k▼ 10.2%
2024 · €3k
2018: €2k
2019: €3k▲ +13.5% vs 2018
2020: €-333▼ -112% vs 2019lowest in 8 years
2021: €2k▲ +658% vs 2020
2022: €13k▲ +581% vs 2021highest in 8 years
2023: €288▼ -97.7% vs 2022
2024: €3k▲ +863% vs 2023
2025: €2k▼ -10.2% vs 2024
2018 → 2025
Working capital
€28k▲ 27.0%
2024 · €22k
2018: €25k
2019: €20k▼ -21.0% vs 2018
2020: €12k▼ -37.8% vs 2019
2021: €13k▲ +9.6% vs 2020
2022: €-37k▼ -378% vs 2021lowest in 8 years
2023: €13k▲ +135% vs 2022
2024: €22k▲ +69.8% vs 2023
2025: €28k▲ +27.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€39k▲ 47.9%€39k▲ 0.7%€42k▲ 7.0%€45k▲ 5.9%
2021: €26klowest in 5 years
2022: €39k▲ +47.9% vs 2021
2023: €39k▲ +0.7% vs 2022
2024: €42k▲ +7.0% vs 2023
2025: €45k▲ +5.9% vs 2024highest in 5 years
Operating result€6k-€14k▲ 156%€3k▼ 80.1%€5k▲ 89.1%€5k▼ 5.9%
2021: €6k
2022: €14k▲ +156% vs 2021highest in 5 years
2023: €3k▼ -80.1% vs 2022lowest in 5 years
2024: €5k▲ +89.1% vs 2023
2025: €5k▼ -5.9% vs 2024
Net result€2k-€13k▲ 581%€288▼ 97.7%€3k▲ 863%€2k▼ 10.2%
2021: €2k
2022: €13k▲ +581% vs 2021highest in 5 years
2023: €288▼ -97.7% vs 2022lowest in 5 years
2024: €3k▲ +863% vs 2023
2025: €2k▼ -10.2% vs 2024
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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€27k ▼ 33.3%
Current assets
€45k ▼ 24.8%
Equity and liabilities €71k
Equity
€45k ▲ 5.9%
Debt
€27k ▼ 53.3%
Debt's share of the balance-sheet total falls from 57.7% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €21k
Cash flow
€16k▼
2024 · €18k
Current ratio
2.70▲
2024 · 1.60
Quick ratio
2.55▲
2024 · 1.60
Debt to equity
0.60▼
2024 · 1.36
ROE
5.6%▼
2024 · 6.6%
ROA
3.5%▲
2024 · 2.8%
Interest coverage
11.24▲
2024 · 10.79
Debt ≤ 1 year
€17k▼
2024 · €37k
Debt > 1 year
€10k▼
2024 · €20k
Income taxes
€1k▲
2024 · €823
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€100k€71k▼
Fixed assets21/28€40k€27k▼
Tangible fixed assets22/27€37k€23k▼
Plant, machinery and equipment23€1k€131▼
Furniture and vehicles24€35k€23k▼
Financial fixed assets28€3k€3k=
Current assets29/58€60k€45k▼
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€52k€39k▼
Trade receivables40€45k€28k▼
Other amounts receivable41€6k€11k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€100k€71k▼
Equity10/15€42k€45k▲
Contributions10/11€6k€6k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€26k€29k▲
Amounts payable17/49€57k€27k▼
Amounts payable after more than one year17€20k€10k▼
Financial debts170/4€20k€10k▼
Amounts payable within one year42/48€37k€17k▼
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€22k€4k▼
Suppliers440/4€22k€4k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€4k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€874€3k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€23k€21k▼
Operating profit (loss)9901€5k€5k▼
Financial income75/76B€122€17▼
Recurring financial income75€122€17▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77€823€1k▲
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€29k▲
Profit (loss) brought forward from the previous period14P€23k€26k▲
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €11k | €16k | €16k | €13k | ▼ 16.1% |
| Other operating charges640/8 | €1k | €1k | €2k | €874 | €3k | ▲ 262% |
| Non-recurring operating charges66A | - | - | - | €1k | - | - |
| Gross operating margin9900 | €20k | €27k | €21k | €23k | €21k | ▼ 7.3% |
| Operating profit (loss)9901 | €6k | €14k | €3k | €5k | €5k | ▼ 5.9% |
| Financial income75/76B | €249 | €3k | €143 | €122 | €17 | ▼ 85.7% |
| Recurring financial income75 | €249 | €3k | €143 | €122 | €17 | ▼ 85.7% |
| Financial charges65/66B | €2k | €875 | €2k | €2k | €2k | ▼ 16.9% |
| Recurring financial charges65 | €2k | €875 | €2k | €2k | €2k | ▼ 16.9% |
| Profit (loss) for the period before taxes9903 | €4k | €17k | €654 | €4k | €4k | ▼ 2.6% |
| Income taxes67/77 | €2k | €4k | €366 | €823 | €1k | ▲ 23.1% |
| Profit (loss) for the period9904 | €2k | €13k | €288 | €3k | €2k | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €2k | €13k | €288 | €3k | €2k | ▼ 10.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88k | €249k | €105k | €100k | €71k | ▼ 28.2% |
| Fixed assets21/28 | €35k | €77k | €55k | €40k | €27k | ▼ 33.3% |
| Tangible fixed assets22/27 | €32k | €74k | €52k | €37k | €23k | ▼ 36.2% |
| Plant, machinery and equipment23 | €0 | €5k | €4k | €1k | €131 | ▼ 90.9% |
| Furniture and vehicles24 | €32k | €69k | €48k | €35k | €23k | ▼ 33.9% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €53k | €171k | €50k | €60k | €45k | ▼ 24.8% |
| Stocks and contracts in progress3 | - | - | - | - | €3k | - |
| Stocks30/36 | - | - | - | - | €3k | - |
| Amounts receivable within one year40/41 | €46k | €166k | €43k | €52k | €39k | ▼ 25.2% |
| Trade receivables40 | €40k | €154k | €42k | €45k | €28k | ▼ 38.8% |
| Other amounts receivable41 | €5k | €12k | €983 | €6k | €11k | ▲ 71.3% |
| Cash at bank and in hand54/58 | €5k | €5k | €7k | €3k | €4k | ▲ 20.6% |
| Deferred charges and accrued income490/1 | €2k | - | - | €5k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88k | €249k | €105k | €100k | €71k | ▼ 28.2% |
| Equity10/15 | €26k | €39k | €39k | €42k | €45k | ▲ 5.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €10k | €23k | €23k | €26k | €29k | ▲ 9.5% |
| Amounts payable17/49 | €61k | €210k | €66k | €57k | €27k | ▼ 53.3% |
| Amounts payable after more than one year17 | €22k | - | €29k | €20k | €10k | ▼ 48.8% |
| Financial debts170/4 | €22k | - | €29k | €20k | €10k | ▼ 48.8% |
| Amounts payable within one year42/48 | €39k | €209k | €36k | €37k | €17k | ▼ 55.6% |
| Current portion of amounts payable after more than one year42 | €13k | €5k | €9k | €9k | €10k | ▲ 5.0% |
| Trade debts44 | €19k | €194k | €8k | €22k | €4k | ▼ 80.2% |
| Suppliers440/4 | €19k | €194k | €8k | €22k | €4k | ▼ 80.2% |
| Taxes, remuneration and social security45 | €5k | €8k | €14k | €6k | €3k | ▼ 59.7% |
| Taxes450/3 | €5k | €8k | €5k | €2k | €3k | ▲ 30.4% |
| Remuneration and social security454/9 | - | - | €9k | €4k | - | - |
| Other amounts payable47/48 | €2k | €2k | €5k | - | - | - |
| Accrued charges and deferred income492/3 | - | €875 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €13k | €288 | €3k | €2k | ▼ 10.2% |
| + Depreciation and write-downs630 | €13k | €11k | €16k | €16k | €13k | ▼ 16.1% |
| Operating cash flow (approximation) | €15k | €24k | €16k | €18k | €16k | ▼ 15.2% |
| Investment in fixed assets (approximation) | - | €-54k | €6k | €0 | €119 | - |
| Change in cash | - | €-264 | €2k | €-4k | €641 | ▲ 118% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 180 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
2022
31-12
Financial
Highest result since 2018net €13k ▲581%
Operating result €14k, net result €13k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
2020
31-12
Financial
Weakest financial yearnet €-333
Net result drops to €-333, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Kraainem · 1 establishment unit since 2012
Ground area
1.2 ha
Building footprint
946 m²
Volume, LiDAR
34,826 m³
2 parcels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963
companies at this address
See who is registered here
1 establishment unit
MP2K
since 20122.209.375.334
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 22002B0087/00F005 | Flanders | 298 m² | 1 · 81 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CEDRIC LE BATISSEUR
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,991 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
Founded20-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42211Civil engineering
43110Demolition
43310Plastering work
Scores and ratios are computed by Checked and are not a credit decision.