MS CONSTRUCTION GROUP
ActiveSummary
MS CONSTRUCTION GROUP has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €25k. Its solvency ranks better than 54% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes
Profitability100
Solvency75
Growth-
Track record67
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.34; short-term debt: 49.6% and cash: 8.5% of total assets), and 49.6% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
50.4%
Return on assets
43.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€29k
Total assets
€58k
Net result
€25k
Working capital
€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €58k
Fixed assets
€19k
Current assets
€38k
Equity and liabilities €58k
Equity
€29k
Debt
€29k
Debt finances 49.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€37k
Cash flow
€29k
Current ratio
1.34
Debt to equity
0.98
ROE
86.3%
ROA
43.5%
Interest coverage
116.52
Debt ≤ 1 year
€29k
Income taxes
€8k
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet
Code2025
Assets
Total assets20/58€58k
Formation expenses20€404
Fixed assets21/28€19k
Tangible fixed assets22/27€19k
Furniture and vehicles24€19k
Current assets29/58€38k
Amounts receivable within one year40/41€33k
Trade receivables40€545
Other amounts receivable41€32k
Cash at bank and in hand54/58€5k
Deferred charges and accrued income490/1€500
Equity and liabilities
Total equity and liabilities10/49€58k
Equity10/15€29k
Contributions10/11€4k
Reserves13€25k
Distributable reserves133€25k
Amounts payable17/49€29k
Amounts payable within one year42/48€29k
Trade debts44€20k
Suppliers440/4€20k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€293
Gross operating margin9900€37k
Operating profit (loss)9901€33k
Financial income75/76B€639
Recurring financial income75€639
Financial charges65/66B€315
Recurring financial charges65€315
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€8k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Appropriation of the result
Profit (loss) to be appropriated9906€25k
Transfer to equity691/2€25k
To other reserves6921€25k
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 | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k |
| Other operating charges640/8 | €293 |
| Gross operating margin9900 | €37k |
| Operating profit (loss)9901 | €33k |
| Financial income75/76B | €639 |
| Recurring financial income75 | €639 |
| Financial charges65/66B | €315 |
| Recurring financial charges65 | €315 |
| Profit (loss) for the period before taxes9903 | €34k |
| Income taxes67/77 | €8k |
| Profit (loss) for the period9904 | €25k |
| Profit (loss) for the period to be appropriated9905 | €25k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €58k | |
| Formation expenses20 | €404 | |
| Fixed assets21/28 | €19k | |
| Tangible fixed assets22/27 | €19k | |
| Furniture and vehicles24 | €19k | |
| Current assets29/58 | €38k | |
| Amounts receivable within one year40/41 | €33k | |
| Trade receivables40 | €545 | |
| Other amounts receivable41 | €32k | |
| Cash at bank and in hand54/58 | €5k | |
| Deferred charges and accrued income490/1 | €500 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €58k | |
| Equity10/15 | €29k | |
| Contributions10/11 | €4k | |
| Reserves13 | €25k | |
| Distributable reserves133 | €25k | |
| Amounts payable17/49 | €29k | |
| Amounts payable within one year42/48 | €29k | |
| Trade debts44 | €20k | |
| Suppliers440/4 | €20k | |
| Taxes, remuneration and social security45 | €9k | |
| Taxes450/3 | €9k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €25k |
| + Depreciation and write-downs630 | €3k |
| Operating cash flow (approximation) | €29k |
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
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2025
Ground area
893 m²
Building footprint
210 m²
Volume, LiDAR
2,073 m³
Parcel 46002B1058/00S000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MS CONSTRUCTION GROUP
since 20252.369.811.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B1058/00S000 | Flanders | 893 m² | 1 · 210 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,231. 2,206 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
Founded10-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
33200Installation of industrial machinery and equipment
43130Specialised construction activities
43212Electrical installation work in industrial facilities
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.