Filings
6 annual accounts 152 days
Latest accounts filed late: after the legal deadline.
MPI CONSTRUCT
Information for creditors
Enterprise Court of Brussels · Official Gazette of 23-03-2026Opened on 12 February 2026 · moratorium passed on 13 February 2026
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by collective agreement
- Docket number
- 20250063
- Moratorium until
- 13 February 2026 (passed, unless a later judgment extended it)
- Delegated judge
- Frank Taildeman Janssens Casteels
- Official Gazette
- 23-03-2026search the document for 2026/111981
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lifetime
6 annual accounts with figures on one time axispeak €103,136 (2020)
€33,724▲ 14.8%
lowest -€31,733 (2025)
-€31,733▼ €45,766
peak €89,146 (2024)
€69,213▼ 22.4%
€163,555▼ 8.0%
Board1 name since 2019
1 directorIONASCU Pavel
Documentsfilings and deeds
02-07-2026152 days late
2025abbreviated format
Gross margin from €29,365 to €33,724Loss of €31,733Registered office moved from Relegem to Sint-Pieters-Leeuw 14-04Equity from €89,146 to €69,213Cash from €64,308 to €13,760
Key points
from the 2025 annual accountsAt the same address
289 companies
Position in the sector
-€31,733
Lower net result than 91% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
Reorganisation running: about 1 in 4 bankrupt within the year
Checked score
24
Critical
Without a bankruptcy probability, the score rests on the figures alone.
An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24.
Bankruptcy probability within 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open. There is then no bankruptcy probability from the figures. Of every Belgian company in an open or failed reorganisation, 25% to 26% went bankrupt within twelve months (measured in 2024 and 2025).
Financial strengthWeak
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity is tight, with a current ratio of 1.27 (1.3 in 2024), below the usual 1.5. Short-term debt is 62.4% and cash 5.9% of total assets. 70.3% of the assets are financed with debt and provisions.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises risk
raises risk · 2025 accounts filed 152 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-07-2026, 152 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 · 6 filingsDeviation from the deadline
2025
152 days late
2024
3 days early
2023
5 days early
2022
9 days late
2021
6 days early
2020
27 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 20 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Bankruptcy reversal
Enterprise Court of Brussels · judgment of 21-04-2026 · Bankruptcy
Extension
Enterprise Court of Brussels · collective agreement · judgment of 12-02-2026 · Judicial reorganisation
Bankruptcy published
Enterprise Court of Brussels · judgment of 10-03-2026 · Bankruptcy
Registered office moved from Relegem to Sint-Pieters-Leeuw
New registered office: Bergensesteenweg, 421/13, 1600 Sint-Pieters-Leeuw · Previous registered office: Brusselsesteenweg 613, 1731 Relegem · Appointment: IONASCU Pavel (director) · General meeting of 28-02-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MPI CONSTRUCT Sint-Pieters-Leeuw | - | - | 29.7% | - |
| CVI CONSTRUCT Overijse | - | - | 89.9% | - |
| Cockheyt Biopools Begijnendijk | - | - | 96.6% | - |
| M2-Construct Antwerp | - | - | 26.2% | - |
| PAINT'HOUSE BY J-F Seraing | - | - | -40.4% | - |
| STHILL WERKEN Beveren-Kruibeke-Zwijndrecht | €287,372 | 6.5% | 60.5% | - |
| INTER TRAVAUX GROUP Anderlecht | €276,277 | 11.4% | 54.9% | - |
These companies have the same main activity as MPI CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €194,000 and €252,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 07-02-2019Judicial reorganisation since 12-02-2026, moratorium until 13-02-2026 · normal situation in the KBO register
- Registered office
- 291 active companies are registered at this address37 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.284.989.0121790 Affligem, since 07-02-2019
- Financial year end
- 30 June
- Peppol
- Reachable
Annual accounts to 30-06-2025
- ≈ €300,000estimated
- €232,768▼ 12.8%
- Filing
- Filed on 02-07-2026
Insights on MPI CONSTRUCT
MPI CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €103,136 in 2020 to €33,724 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MPI CONSTRUCT
- What is the company number of MPI CONSTRUCT?
- The company number of MPI CONSTRUCT is 0719.932.911. The VAT number is the same number with BE in front: BE 0719.932.911.
- Where is MPI CONSTRUCT based?
- The registered office is at Bergensesteenweg 421, 1600 Sint-Pieters-Leeuw.Company details
- What does MPI CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of MPI CONSTRUCT?
- MPI CONSTRUCT is a private limited company (BV).
- When was MPI CONSTRUCT founded?
- MPI CONSTRUCT was founded on 07-02-2019.
- Is MPI CONSTRUCT still active?
- Yes, MPI CONSTRUCT is in the KBO register. A judicial reorganisation is running.
- What is the turnover of MPI CONSTRUCT?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €33,724 and 118 comparable companies (NACE 43990). It probably lies between €190,000 and €490,000.Financials
- Is MPI CONSTRUCT profitable?
- In financial year 2025, MPI CONSTRUCT made a loss of €31,733.
- Where can I find the annual accounts of MPI CONSTRUCT?
- MPI CONSTRUCT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MPI CONSTRUCT due?
- MPI CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Check what to know before you do business with this company.Supplier due diligence See this company's board, registered office and name on a given date.Company as of a date Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the other specialised construction activities sector is doing.Sector figures