Equity
€66,172 ▼ 43.1%
MSJ CONSTRUCT paid out €243,902 in dividends. That is 126% of the 2025 profit.
MSJ CONSTRUCT
Lifetime
4 annual accounts with figures on one time axispeak €276,517 (2025)
€276,517▲ 12×
peak €193,685 (2025)
€193,685▲ 13×
peak €116,389 (2024)
€66,172▼ 43.1%
€470,407▲ 260%
Board1 name since 2021
1 director
Documentsfilings and deeds
14-10-202675 days late
2025micro format
Gross margin from €23,281 to €276,517Result from €15,096 to €193,685Dividend €243,902Equity from €116,389 to €66,172Debts from €130,592 to €470,407Investments €32,426
Key points
from the 2025 annual accountsResult
€193,685 ▲ 13×
The result rose in 2025 from €15,096 to €193,685.
Debts
€470,407 88% of the balance sheet
Financial debts 5%Suppliers 10%Taxes and wages 32%Other 53%
Of this, €448,545 falls due within a year.
Investments
€30,126 7.0 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts 75 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€193,685
Higher net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,683 companies had the same profile as MSJ CONSTRUCT has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,683 companies, not a prediction for MSJ 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771471088
Incorporation
Founding capital of €2,500, 100 shares · Founder: (actionnaire fondateur) · Appointment: (director) · published on 20-07-2021 · Gazette deed
First establishment
Rue du Centre 18, Profondeville
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MSJ CONSTRUCT Profondeville | €536,579 | €276,517 | 12.3% | - |
| TGV SERVICES Awans | €533,081 | €259,371 | 34.1% | - |
| DI INSIDE Charleroi | €618,188 | €266,421 | 77.3% | - |
| Grondwerken Frederick Callewaert Diksmuide | €630,502 | €263,019 | 22.0% | - |
| TERRASSEMENT LINA Courcelles | €498,221 | €317,507 | 83.4% | - |
| PERMIGANAUX Amaury Ramillies | €519,164 | €274,448 | 61.8% | 0.9 |
| GRONDWERKEN VAN HOECKE Maldegem | €450,474 | €243,798 | 68.5% | - |
These companies have the same main activity as MSJ CONSTRUCT: site preparation (NACE 43120). They are comparable in size and age: total assets between €450,000 and €631,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 16-07-2021Normal situation
- Activity
- Site preparationNACE 43120and 5 others
- Establishment unit
- 2.319.673.7375170 Profondeville, since 16-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on MSJ CONSTRUCT
MSJ CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €115,591 in 2022 to €276,517 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 MSJ CONSTRUCT
- What is the company number of MSJ CONSTRUCT?
- The company number of MSJ CONSTRUCT is 0771.471.088. The VAT number is the same number with BE in front: BE 0771.471.088.
- Where is MSJ CONSTRUCT based?
- The registered office is at Rue du Centre 18, 5170 Profondeville.Company details
- What does MSJ CONSTRUCT do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of MSJ CONSTRUCT?
- MSJ CONSTRUCT is a private limited company (BV).
- When was MSJ CONSTRUCT founded?
- MSJ CONSTRUCT was founded on 16-07-2021.
- Is MSJ CONSTRUCT still active?
- Yes, MSJ CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of MSJ CONSTRUCT?
- The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €276,517 and 82 comparable companies (NACE 43). It probably lies between €520,000 and €990,000.Financials
- Is MSJ CONSTRUCT profitable?
- In financial year 2025, MSJ CONSTRUCT made a profit of €193,685.
- Where can I find the annual accounts of MSJ CONSTRUCT?
- MSJ CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MSJ CONSTRUCT due?
- MSJ CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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