Investments
€1,222 40.6 × depreciation
Green is investment, beige is depreciation.
MPP Construct
Lifetime
6 annual accounts with figures on one time axispeak €267,643 (2021)
€6,171▼ 72.7%
lowest -€13,695 (2023)
-€966▼ €15,605
peak €39,930 (2024)
€38,964▼ 2.4%
€45,190▼ 26.2%
Board2 names since 2019
1 directorMARTINS PAIS Antonio Valdemar
Owners
Documentsfilings and deeds
31-10-202692 days late
2025abbreviated format
Turnover from €545,257 to €477,740Gross margin from €22,626 to €6,171Loss of €966Debts from €61,227 to €45,190Investments €1,222
Key points
from the 2025 annual accountsFilings
6 annual accounts 92 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€38,964
Less equity than 81% of companies in specialised construction. Sector median €250,150 · 9,975 companies.
Checked score
55
Fair
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 2.9%● unchanged vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 3.1%▲ +0.2 percentage points vs 02-2025
04-2025: 3.0%▼ -0.1 percentage points vs 03-2025
05-2025: 2.9%▼ -0.1 percentage points vs 04-2025
06-2025: 3.0%▲ +0.1 percentage points vs 05-2025
07-2025: 2.9%▼ -0.1 percentage points vs 06-2025
08-2025: 3.9%▲ +1.0 percentage point vs 07-2025
09-2025: 4.3%▲ +0.4 percentage points vs 08-2025
10-2025: 6.2%▲ +1.9 percentage points vs 09-2025highest value
11-2025: 1.8%▼ -4.4 percentage points vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.7%▼ -0.1 percentage points vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.9 percentage points vs 07-2026
09-2026: 2.8%▲ +0.3 percentage points vs 08-2026
10-2026: 4.5%▲ +1.7 percentage points vs 09-2026
11-2026: 1.3%▼ -3.2 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Last filed accounts filed 92 days late; 3 of the last 3 accounts late
Size: turnover €477,740, total assets €84,154
Founded in 2019
lowers risk
Liquidity: current ratio 1.83, cash €40,945
Calculation
The band follows from the bankruptcy probability. 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). It does better than 50% of them on solvency, 71% on liquidity, 21% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as MPP Construct has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MPP Construct itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for MPP Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is ample, with a current ratio of 1.83 (1.65 in 2024), above the usual 1.5. Short-term debt is 53.7% and cash 48.7% of total assets. However, 53.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 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
92 days late
2024
61 days late
2023
61 days late
2022
31 days late
2021
31 days late
2020
45 days late
← 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 54 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739912733
Resignation: Potenciano Ana Rubia (director)
Director discharge: Potenciano Ana Rubia · General meeting of 31-03-2024 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founder: GYPRO-NET (comparant) · Appointments: MARTINS PAIS Antonio Valdemar (director) and POTENCIANO Ana Rubia (director) · published on 24-12-2019 · Gazette deed
First establishment
Victor Rauterstraat 232, Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MPP Construct Anderlecht | €84,154 | €6,171 | 46.3% | - |
| IMA INVEST Anderlecht | €98,501 | €6,227 | 52.3% | - |
| BBK CONSTRUCT Saint-Josse-ten-Noode | €84,794 | €5,423 | 62.7% | - |
| DW CONSTRUCTIONS Kapellen | €100,326 | €5,539 | 38.6% | - |
| SAVANNA CONSTRUCT Zaventem | €102,440 | €6,242 | 23.4% | - |
| DEPOMPERS.BE Sint-Niklaas | €106,989 | €6,109 | 76.0% | - |
| YIPRAMAZ Anderlecht | €108,112 | €8,467 | 79.7% | - |
These companies have the same main activity as MPP Construct: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €84,800 and €108,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 20-12-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.299.664.4191070 Anderlecht, since 20-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 03-01-2026
Insights on MPP Construct
MPP Construct files the abbreviated format. That format states no turnover. The gross margin fell from €171,316 in 2020 to €6,171 in 2025.
GYPRO-NET holds all the shares.
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 MPP Construct
- What is the company number of MPP Construct?
- The company number of MPP Construct is 0739.912.733. The VAT number is the same number with BE in front: BE 0739.912.733.
- Where is MPP Construct based?
- The registered office is at Victor Rauterstraat 232, 1070 Anderlecht.Company details
- What does MPP Construct do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of MPP Construct?
- MPP Construct is a private limited company (BV).
- When was MPP Construct founded?
- MPP Construct was founded on 20-12-2019.
- Is MPP Construct still active?
- Yes, MPP Construct is an active enterprise in the KBO register.
- What is the turnover of MPP Construct?
- The turnover of MPP Construct was €477,740 in financial year 2025, according to the filed annual accounts.Financials
- Is MPP Construct profitable?
- In financial year 2025, MPP Construct made a loss of €966.
- Where can I find the annual accounts of MPP Construct?
- MPP Construct filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MPP Construct due?
- MPP Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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