MS Total Construct
ActiveSummary
The computed 12-month bankruptcy probability of MS Total Construct is 11.0% (high). The 2024 annual accounts show equity of €2,266 and a net result of €3,156. Its solvency ranks better than 13% of 2,073 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-12-2022 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 3 others
- Establishment unit
- 2.339.589.223 2200 Herentals, since 19-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Board and ownership
- FAMMIANO Sylvana Philomena VictorDirector · since 19-12-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 11.0%
- Gross margin
- €74,658
- ▲ 68.4%
- Turnover
- ≈ €300,000
- estimated
- Profit
- €3,156
- Equity
- €2,266
- Total assets
- €44,157
- ▲ 133%
- Employees on 31-12-2024
- 1
- =
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 31-07-2025)Founded in 20221 financial year not filed after the legal deadlineShow the evidence
Checked score
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 15% of them on solvency, 4% on liquidity, 57% on profitability and 97% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 13 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, abbreviated format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 30-07-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is 3.7 times that of 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €7,142 | €23,735 |
| Intangible fixed assets | €1,600 | - |
| Depreciation and write-downs of the year | €3,209 | €4,885 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €39,815 | €64,757 | ▲ 62.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,209 | €4,885 | ▲ 52.2% |
| Other operating charges640/8 | €101 | €564 | ▲ 458% |
| Gross operating margin9900 | €44,329 | €74,658 | ▲ 68.4% |
| Operating profit (loss)9901 | €1,203 | €4,452 | ▲ 270% |
| Financial income75/76B | €0 | €2,299 | ▲ 14,370× |
| Recurring financial income75 | €0 | €2,299 | ▲ 14,370× |
| Financial charges65/66B | €157 | €586 | ▲ 273% |
| Recurring financial charges65 | €157 | €586 | ▲ 273% |
| Profit (loss) for the period before taxes9903 | €1,046 | €6,165 | ▲ 489% |
| Income taxes67/77 | €2,436 | €3,009 | ▲ 23.5% |
| Profit (loss) for the period9904 | -€1,390 | €3,156 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,390 | €3,156 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €18,954 | €44,157 | ▲ 133% |
| Fixed assets21/28 | €5,533 | €24,383 | ▲ 341% |
| Intangible fixed assets21 | €1,280 | €960 | ▼ 25.0% |
| Tangible fixed assets22/27 | €4,253 | €23,423 | ▲ 451% |
| Land and buildings22 | - | €3,841 | - |
| Plant, machinery and equipment23 | €2,065 | €4,280 | ▲ 107% |
| Furniture and vehicles24 | €2,188 | €15,302 | ▲ 599% |
| Current assets29/58 | €13,421 | €19,774 | ▲ 47.3% |
| Stocks and contracts in progress3 | - | €10,604 | - |
| Stocks30/36 | - | €10,604 | - |
| Amounts receivable within one year40/41 | €13,419 | €8,193 | ▼ 38.9% |
| Trade receivables40 | €9,722 | €5,331 | ▼ 45.2% |
| Other amounts receivable41 | €3,697 | €2,862 | ▼ 22.6% |
| Cash at bank and in hand54/58 | €2 | €549 | ▲ 290× |
| Deferred charges and accrued income490/1 | - | €428 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €18,954 | €44,157 | ▲ 133% |
| Equity10/15 | -€890 | €2,266 | - |
| Contributions10/11 | €500 | €500 | = |
| Profit (loss) carried forward14 | -€1,390 | €1,766 | - |
| Amounts payable17/49 | €19,844 | €41,891 | ▲ 111% |
| Amounts payable within one year42/48 | €19,844 | €41,891 | ▲ 111% |
| Trade debts44 | €7,338 | €23,677 | ▲ 223% |
| Suppliers440/4 | €7,338 | €23,677 | ▲ 223% |
| Taxes, remuneration and social security45 | €10,002 | €18,214 | ▲ 82.1% |
| Taxes450/3 | €2,436 | €4,261 | ▲ 74.9% |
| Remuneration and social security454/9 | €7,565 | €13,953 | ▲ 84.4% |
| Other amounts payable47/48 | €2,505 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,390 | €3,156 | - |
| + Depreciation and write-downs630 | €3,209 | €4,885 | ▲ 52.2% |
| Operating cash flow (approximation) | €1,819 | €8,041 | ▲ 342% |
| Investment in fixed assets (approximation) | - | -€23,735 | - |
| Change in cash | - | €547 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,157 companies had the same profile as MS Total Construct has now. Two years later, 94.1% were still going and 3.0% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MS Total Construct itself is higher: 11.0% within 12 months. It rests on far more data about MS Total Construct than the profile alone.
Test of the method
The method was tested on the 497,446 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 2,157 companies, not a prediction for MS Total 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.
Board & ownership
Directors
Owners and capital
Shareholders
- FAMMIANO Sylvana Philomena Victor 50 shares (100%) · €500 in cash
Capital transactions
- 21-12-2022 Incorporation · €500 · 50 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 21-12-2022 (in Dutch)
Network & group
MS Total Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MS Total Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-05
Gazette deed
Registered office moved within Herentals2 points ▸
- General meeting, 07-04-2025
- Registered-office move, Lierseweg 114,2200 Herentals
23-06
Gazette deed
Registered officeRegistered-office move2 points ▸
- General meeting, 27-03-2023
- Registered-office move, 2200,Herentals,Herenthoutseweg 243
21-12
Gazette deed
IncorporationStarting capital €500 · Appointment: FAMMIANO Sylvana Philomena Victor (director) · Founder10 points ▸
- Incorporation, 14-12-2022
- Founder, FAMMIANO Sylvana Philomena Victor
- Founding capital, €500
- Bank account, “bijzondere rekening”, EUR (deed in Dutch)
- Other provision, “uitwerking overgangsbepalingen, comparant eenparig” (deed in Dutch)
- Registered office clause, “2100 Antwerpen-Deurne, Borsbeeksesteenweg 69 bus 3” (deed in Dutch)
- Other provision, “e-mailadres en website, zelfde geldt voor vermelding website voor zover reeds bestaat” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, FAMMIANO Sylvana Philomena Victor (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting door comparant” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 2100 Antwerpen until 01-03-2023 · act of 23-06-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
25 activities
- Overige werkzaamheden in verband met de afwerking van gebouwen, al dan niet in onderaanneming;
- Overige werkzaamheden in verband met de afwerking van gebouwen;
- Onderneming voor het uitvoeren van alle soorten grondwerken;
- Alle soorten van renovatie- en restauratiewerken
- Algemene bouw van residentiële gebouwen.
- Algemene coördinatiewerkzaamheden bouwwerf.
- Toezien op de bouwwerkzaamheden (ruwbouw, installatie, afwerking, enz.).
- Leiden van belangrijke herstellingswerkzaamheden aan gebouwen.
- Verlenen van bouwkundige adviezen aan de bouwheer
- Slopen van gebouwen en andere bouwwerken.
- Verkopen en aankopen van woningen al dan niet na renovatie;
- Het uitbaten van een schoonheidssalon inhoudende lichaamsverzorging en schoonheidszorg, het ter beschikking stellen van toestellen voor lichaamsverzorging, detailhandel in cosmetica en toiletartikelen, detail-handel in kledingaccessoires, detailhandel in imitatiesieraden en gadgets.
- Lichaamsverzorging, alle diensten in verband met het lichamelijk welzijn;
- Schoonheidszorg, het verlenen van advies op het gebied van de gezondheidszorgen en gezichtsverzorging;
- Manicure en pedicure.
- Uitbaten van een horecazaak: restaurant, snackbar, broodjeszaak, frituur, pitarestaurant, café, bar, taverne, casino en alle aanverwante activiteiten;
- Verkoop van pita’s, pizza’s, belegde broodjes, sandwiches, gebakjes, koffiekoeken, taartjes, croques, wafels, pannenkoeken, frisdranken, alcoholische dranken, enz. zowel voor consumptie ter plaatse als om mee te nemen en/of thuisbezorging;
- Verkoop aan de toog van eetwaren en dranken die ook ter plaatse verbruikt kunnen worden en, in het algemeen in een wegwerpverpakking aangeboden worden in snelbuffetten zoals snackbars, sandwichbars, hamburgerrestaurants, frietkramen, hotdoginstallaties, pitarestaurants, pizzeria’s, ijssalons, tea-rooms, enz.
- Huur en verhuur van nieuwe en tweedehandsvoertuigen, zowel personenvoertuigen, bedrijfsvoertuigen, motoren, rijwielen, aanhangwagens en caravans en dit in de in de meest ruime betekenis.
- Tussenpersoon in de handel
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verplichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borgstellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het uitoefenen van de functie van bestuurder, gedelegeerd bestuurder, directeur of andere leidende en uitvoerende functies, al dan niet bezoldigd in alle vormen, ook buitenlandse, van vennootschappen, verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
- Alle vormen van consultancy en adviesverlening, voor zover deze niet voorbehouden zijn aan de gereglementeerde beroepen, tenzij de vennootschap zelf voldoet aan de wettelijke vereisten terzake;
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0794.988.838
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13011E0386/00H003 | Flanders | 254 m² | 1 · 166 m² | 10.2 m · 2 |