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MPLUS CONCEPT

Active
Private limited companyfounded 20233 years activeSteenbergen 48, 2430 Laakdal, BelgiumKBO/BCE: BE 0798.217.552
Summary

The computed 12-month bankruptcy probability of MPLUS CONCEPT is 16.6% (high). The 2024 annual accounts show equity of €48,211 and a net result of €23,788. Its solvency ranks better than 81% of 9,987 sector peers (NACE 41, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€67,123total assets 2024
Equity
€48,211
Profit
€23,788
Turnover not published (abridged schema)
Financial health
21 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
16.6%
Structure
Accounts 69 days overdue1 of 2 deeds read
Why 21- 1 change of registered office in 24 months- Ex-officio strike-off in the KBO- 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late- Figures for FY 2024 (filed 29-09-2025)Show the evidence

Checked score

Score 2024
21 / 100
Critical
Probability in this band: over 15.0%
Financially better than 79% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Strong
Solvency 97-3
equity 71.8% of total assets
Liquidity 51-38
short-term debt 28.2% · cash 10.2%
Profitability 100=
return on assets 35.4%
Bankruptcy probability, 12 months
16.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,362 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024lowest value 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.4 percentage points vs 07-2025 09-2025: 2.2%▲ +0.3 percentage points vs 08-2025 10-2025: 3.9%▲ +1.7 percentage points vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 7.1%▲ +3.2 percentage points vs 02-2026 04-2026: 7.2%▲ +0.1 percentage points vs 03-2026 05-2026: 7.3%▲ +0.1 percentage points vs 04-2026 06-2026: 12.3%▲ +5.0 percentage points vs 05-2026 07-2026: 12.5%▲ +0.2 percentage points vs 06-2026 08-2026: 13.4%▲ +0.9 percentage points vs 07-2026 09-2026: 13.7%▲ +0.3 percentage points vs 08-2026 10-2026: 16.6%▲ +2.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 3.44 against 3.64 in 2023; short-term debt: 28.2% and cash: 10.2% of total assets), and 28.2% of the assets are financed with debt.
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 41, micro): better than 81% on solvency, 54% on liquidity, 91% on profitability and 88% on growth.

The bankruptcy probability was computed on 07-10-2026 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).

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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 financial year not filed after the legal deadline; latest accounts 56 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 29-09-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
56 days late
2023
8 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 32 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Registered officeRegistered-office move
  2. Address struckBraambesstraat 12 L’adresse du siège…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Among the best 20% on solvencysector median 42.3% · 9,987 companies 71.8% View
  • Total assets 20242 fiscal years filed €67,123 View

By topic

Financials

Fiscal year
2024
Total assets
€67,123
Profit
€23,788
Solvency
71.8%
Total assets▲ 109%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
08-02-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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