Turnover
The micro format states no turnover.
In July 2024, 3,985 companies had the same profile as MTF CONSTRUCT has now. Each dot stands for 10 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 3,985 companies, not a prediction for MTF 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MTF CONSTRUCT Woluwe-Saint-Pierre | €302,179 | €14,665 | 19.6% | - |
| SOLID DESIGN Woluwe-Saint-Pierre | €303,648 | €15,013 | 4.7% | - |
| CONSTRUCTION Schilde | €317,520 | €13,406 | 36.9% | - |
| D.F. - BOUW Roosdaal | €282,626 | €15,453 | 52.6% | - |
| ABRAN Temse | €335,827 | €17,072 | -55.2% | - |
| CROENE RENOVATIE CRM Beernem | €337,327 | €16,584 | 82.3% | - |
| LEJO Arendonk | €262,238 | €15,385 | 80.5% | - |
These companies have the same main activity as MTF CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €262,000 and €337,000, founded between 1989 and 1998.
MTF CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €1,417 in 2009 to €14,665 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 26% of 9,471 companies in 2025.
Higher than 31% of 9,219 companies in 2025.
Higher than 33% of 9,291 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
302,179 | 121,671 | 139,955 | 150,948 | 19,459 | 19,459 | 27,907 | 43,211 | 51,166 | 61,996 | 49,164 | 52,285 | 45,659 | 22,511 | 47,696 | 51,932 | 35,475 | |
20 |
- | - | 445 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
21/28 |
16,440 | 24,604 | 8,259 | 17,864 | 17,136 | 17,136 | 23,084 | 24,318 | 5,287 | 8,929 | 12,273 | 14,208 | 17,860 | 20,061 | 36,400 | 40,920 | 23,750 | |
21 |
- | - | - | 0 | - | - | - | - | 2,500 | 5,000 | 7,500 | 10,000 | 12,500 | 15,000 | 17,500 | 20,000 | 22,500 | |
22/27 |
13,748 | 21,912 | 5,567 | 15,172 | 14,444 | 14,444 | 21,167 | 22,400 | 869 | 2,011 | 2,855 | 2,290 | 3,634 | 3,811 | 17,650 | 19,670 | - | |
23 |
- | - | - | 5,600 | 11,200 | 11,200 | 16,800 | 22,400 | - | - | 466 | 1,790 | 2,169 | 2,881 | 3,892 | 613 | - | |
24 |
13,748 | 21,912 | 5,567 | 9,572 | 3,244 | 3,244 | 4,367 | 0 | 869 | 2,011 | 2,389 | 500 | 1,465 | 930 | 13,758 | 19,057 | - | |
28 |
2,692 | 2,692 | 2,692 | 2,692 | 2,692 | 2,692 | 1,918 | 1,918 | 1,918 | 1,918 | 1,918 | 1,918 | 1,726 | 1,250 | 1,250 | 1,250 | 1,250 | |
29/58 |
285,740 | 97,067 | 131,252 | 133,083 | 2,323 | 2,323 | 4,823 | 18,893 | 45,879 | 53,067 | 36,891 | 38,077 | 27,800 | 2,450 | 11,296 | 11,012 | 11,725 | |
3 |
- | - | - | - | - | - | 1,329 | 2,027 | 1,992 | 1,470 | 1,379 | 1,522 | 1,305 | - | - | - | - | |
30/36 |
- | - | - | - | - | - | 1,329 | 2,027 | 1,992 | 1,470 | 1,379 | 1,522 | 1,305 | - | - | - | - | |
40/41 |
278,687 | 87,171 | 127,309 | 112,613 | 2,282 | 2,282 | 1,990 | 12,140 | 37,767 | 44,744 | 25,775 | 27,612 | 22,068 | 2,422 | 11,175 | 4,291 | 4,799 | |
40 |
271,688 | 83,814 | 120,797 | 107,110 | 86 | 86 | - | - | - | - | - | 150 | - | - | - | - | 298 | |
41 |
7,000 | 3,358 | 6,512 | 5,503 | 2,196 | 2,195 | 1,990 | 12,140 | 37,767 | 44,744 | 25,775 | 27,462 | 22,068 | 2,422 | 11,175 | 4,291 | 4,501 | |
54/58 |
7,052 | 9,896 | 3,943 | 20,470 | 41 | 41 | 1,504 | 4,727 | 6,000 | 6,853 | 9,737 | 8,943 | 4,051 | 28 | 121 | 6,721 | 6,925 | |
490/1 |
- | - | - | - | - | - | - | - | 120 | - | - | - | 376 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
302,179 | 121,671 | 139,955 | 150,948 | 19,459 | 19,459 | 27,907 | 43,211 | 51,166 | 61,996 | 49,164 | 52,285 | 45,659 | 22,511 | 47,696 | 51,932 | 35,475 | |
10/15 |
59,244 | 54,270 | 49,341 | -2,512 | -17,323 | -17,323 | 21,087 | 30,814 | 39,129 | 47,147 | 36,948 | 38,615 | 29,016 | 9,947 | -1,201 | 540 | 4,257 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,206 | 6,206 | 6,206 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,394 | 12,394 | 12,394 | |
11 |
- | - | - | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
38,784 | 33,810 | 28,881 | -22,972 | -37,783 | -37,783 | 627 | 10,354 | 18,669 | 26,687 | 16,488 | 18,155 | 8,556 | -8,653 | -7,407 | -5,666 | -1,949 | |
16 |
- | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
242,935 | 67,400 | 90,614 | 122,460 | 36,782 | 36,782 | 6,820 | 12,398 | 12,037 | 14,849 | 12,216 | 13,669 | 16,643 | 12,563 | 48,897 | 51,392 | 31,217 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,584 | 38,543 | 26,054 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 27,584 | 38,543 | 26,054 | |
42/48 |
242,935 | 67,400 | 90,614 | 122,460 | 36,782 | 36,782 | 6,820 | 12,398 | 12,037 | 14,849 | 12,216 | 13,669 | 16,643 | 12,563 | 21,314 | 12,848 | 5,163 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 8,332 | 8,388 | 4,258 | 3,632 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,231 | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,231 | - | - | - | |
44 |
231,511 | 43,632 | 64,927 | 98,839 | 10,016 | 10,016 | 3,987 | 9,474 | 8,423 | 9,916 | 8,338 | 2,178 | 6,386 | - | 12,926 | 8,590 | 1,531 | |
440/4 |
231,511 | 43,632 | 64,927 | 98,839 | 10,016 | 10,016 | 3,987 | 9,474 | 8,423 | 9,916 | 8,338 | 2,178 | 6,386 | - | 12,926 | 8,590 | 1,531 | |
45 |
2,338 | 2,338 | 2,942 | 604 | 604 | 604 | 449 | 2,924 | 3,614 | 4,933 | 3,878 | 11,492 | 6,087 | - | - | - | - | |
450/3 |
2,338 | 2,338 | 2,338 | - | - | - | 86 | 1,170 | 3,115 | 3,115 | 2,991 | 9,400 | 6,087 | - | - | - | - | |
454/9 |
- | - | 604 | 604 | 604 | 604 | 363 | 1,754 | 499 | 1,818 | 888 | 2,091 | - | - | - | - | - | |
47/48 |
9,087 | 21,430 | 22,745 | 23,016 | 26,162 | 26,162 | 2,384 | - | - | - | - | 0 | 4,170 | - | - | - | - | |
| Income statement | ||||||||||||||||||
70 |
- | - | 754,854 | 307,237 | - | - | - | - | - | - | - | - | - | 87,094 | 122,403 | 107,579 | 21,764 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | 4,170 | 4,387 | - | - | - | - | |
9900 |
14,665 | 12,091 | 39,727 | 56,970 | - | -22,252 | 12,885 | 11,726 | 7,476 | 27,512 | 18,288 | 24,021 | 27,050 | 11,651 | 14,668 | 12,621 | 1,417 | |
60/61 |
- | - | 735,185 | 250,267 | - | - | - | - | - | - | - | - | - | 75,443 | 107,735 | 94,958 | 20,347 | |
62 |
2 | - | 605 | - | - | 9,730 | 13,095 | 7,563 | 7,434 | 6,741 | 11,852 | 9,014 | - | 5,159 | 4,029 | 4,583 | 668 | |
630 |
8,164 | 5,700 | 10,288 | 7,797 | - | 6,722 | 6,722 | 8,969 | 3,643 | 4,109 | 5,211 | 4,942 | 4,576 | 5,840 | 9,306 | 8,349 | 2,500 | |
635/8 |
- | - | -31,000 | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
669 | 819 | 4,990 | 1,458 | - | 1,427 | 836 | 668 | 2,863 | 1,280 | 693 | 705 | 1,234 | 306 | 338 | 783 | 3 | |
66A |
- | - | - | - | - | 8,984 | 1,464 | 2,408 | 1,371 | 1,723 | 1,900 | 647 | - | 1,302 | - | - | - | |
9901 |
5,831 | 5,572 | 54,844 | 16,715 | - | -49,115 | -9,232 | -7,882 | -7,835 | 13,660 | 532 | 9,360 | 21,240 | 346 | 995 | -1,094 | -1,753 | |
75/76B |
- | - | 90 | 186 | - | 11,670 | - | - | - | - | 3 | 2 | - | 0 | 0 | 6 | - | |
75 |
- | - | 90 | 186 | - | - | - | - | - | - | 3 | 2 | - | 0 | 0 | 6 | - | |
76B |
- | - | - | - | - | 11,670 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
857 | 644 | 743 | 2,090 | - | 966 | 495 | 433 | 184 | 345 | 302 | 238 | 472 | 290 | 2,736 | 2,629 | 195 | |
65 |
857 | 644 | 743 | 2,090 | - | 966 | 495 | 433 | 184 | 345 | 302 | 238 | 472 | 290 | 2,736 | 2,629 | 195 | |
9903 |
4,974 | 4,929 | 54,191 | 14,811 | - | -38,410 | -9,727 | -8,315 | -8,018 | 13,314 | -1,668 | 12,648 | 25,156 | -1,246 | -1,741 | -3,717 | -1,949 | |
67/77 |
- | - | 2,338 | - | - | - | - | - | - | 3,115 | 0 | 3,048 | 6,087 | - | - | 1 | - | |
9904 |
4,974 | 4,929 | 51,853 | 14,811 | - | -38,410 | -9,727 | -8,315 | -8,018 | 10,199 | -1,668 | 9,599 | 19,069 | -1,246 | -1,741 | -3,718 | -1,949 | |
9905 |
4,974 | 4,929 | 51,853 | 14,811 | - | -38,410 | -9,727 | -8,315 | -8,018 | 10,199 | -1,668 | 9,599 | 19,069 | -1,246 | -1,741 | -3,718 | -1,949 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
38,784 | 33,810 | 28,881 | -22,972 | -37,783 | -37,783 | 627 | 10,354 | 18,669 | 26,687 | 16,488 | 18,155 | 10,416 | -8,653 | -7,407 | -5,666 | -1,949 | |
14P |
33,810 | 28,881 | -22,972 | -37,783 | -37,783 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | 0.9 | 0.8 | 0.5 | 0.5 | 0.5 | - | 0.5 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | 426 | 775 | 336 | 360 | 321 | - | 555 | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00533762.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00533762 | |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00397732 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00392348 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00282176 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20304705 | |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54700572 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50800428 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-60800550 | |
| 31-12-2017 | micro format | 16-08-2018 | 2018-47000557 | |
| 31-12-2016 | full format | 09-08-2017 | 2017-42900447 | |
| 31-12-2015 | full format | 18-08-2016 | 2016-43900247 | |
| 31-12-2014 | full format | 24-08-2015 | 2015-46900168 | |
| 31-12-2013 | full format | 05-08-2014 | 2014-39800156 | |
| 31-12-2012 | full format | 31-10-2013 | 2013-64800237 | |
| 31-12-2011 | full format | 29-12-2012 | 2012-68600139 | |
| 31-12-2010 | full format | 31-12-2011 | 2011-66100154 | |
| 31-12-2009 | full format | 01-08-2010 | 2010-38500186 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13,995 | 11,272 | 65,131 | 24,512 | - | -42,393 | -2,510 | 1,087 | -4,192 | 17,768 | 5,743 | 14,302 | 25,816 | 6,186 | 10,301 | 7,256 | 747 | ||
| 13,138 | 10,629 | 62,141 | 22,608 | - | -31,688 | -3,004 | 654 | -4,376 | 14,308 | 3,544 | 14,542 | 23,645 | 4,594 | 7,566 | 4,632 | 551 | ||
| 0 | 22,045 | 0 | 9,345 | - | 1,500 | 5,489 | 28,000 | 0 | 765 | 3,276 | 1,291 | 2,375 | 24,651 | 44,456 | 25,519 | 26,250 | ||
| -2,843 | 5,953 | -16,527 | 20,429 | -0 | -1,463 | -3,223 | -1,273 | -853 | -2,884 | 795 | 4,892 | 4,023 | -93 | -6,599 | -205 | - | ||
| 42,804 | 29,667 | 40,638 | 10,624 | -34,459 | -34,459 | -1,997 | 6,496 | 33,842 | 38,218 | 24,675 | 24,407 | 11,156 | -10,113 | -10,017 | -1,837 | 6,562 | ||
| - | - | 7.3% | 5.4% | - | - | - | - | - | - | - | - | - | 0.4% | 0.8% | -1.0% | -8.1% | ||
| 19.6% | 44.6% | 35.3% | -1.7% | -89.0% | -89.0% | 75.6% | 71.3% | 76.5% | 76.0% | 75.2% | 73.9% | 63.5% | 44.2% | -2.5% | 1.0% | 12.0% | ||
| 1.18 | 1.44 | 1.45 | 1.09 | 0.06 | 0.06 | 0.71 | 1.52 | 3.81 | 3.57 | 3.02 | 2.79 | 1.67 | 0.20 | 0.53 | 0.86 | 2.27 | ||
| 1.18 | 1.44 | 1.45 | 1.09 | 0.06 | 0.06 | 0.51 | 1.36 | 3.65 | 3.47 | 2.91 | 2.67 | 1.59 | 0.20 | 0.53 | 0.86 | 2.27 | ||
| 4.10 | 1.24 | 1.84 | - | - | - | 0.32 | 0.40 | 0.31 | 0.31 | 0.33 | 0.35 | 0.57 | 1.26 | - | - | 7.33 | ||
| 8.4% | 9.1% | 105.1% | - | - | - | -46.1% | -27.0% | -20.5% | 21.6% | -4.5% | 24.9% | 65.7% | -12.5% | - | - | -45.8% | ||
| 1.6% | 4.1% | 37.0% | 9.8% | - | -197.4% | -34.9% | -19.2% | -15.7% | 16.5% | -3.4% | 18.4% | 41.8% | -5.5% | -3.6% | -7.2% | -5.5% | ||
| 16.33 | 17.52 | 87.70 | 11.73 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | 58 days | 127 days | - | - | - | - | - | - | - | - | - | 10 days | 33 days | 15 days | 5 days | ||
| - | - | 32 days | 144 days | - | - | - | - | - | - | - | - | - | - | 44 days | 33 days | 27 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €22,045 | €0 | €9,345 | - |
| €8,164 | €5,700 | €10,288 | €7,797 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 5% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 55.4% to 80.4%. Equity and debt are higher.
MTF CONSTRUCT has no parent and no holdings in its annual accounts. MTF CONSTRUCT shares no director with another company.
| TIAN YUAN HOUSE
registered office since 15-07-2006 · founded in 2006 |
total assets €22,868 (2025) 0881.114.445 |
| Chang, Yen (sole trader)
establishment since 28-07-2000 |
founded in 1993 0758.242.466 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MTF CONSTRUCT was incorporated on 6 January 1993.1 The name was changed to MTF CONSTRUCT in 2022.2 The registered office moved to Woluwe-Saint-Pierre in 2022, to Oud-Heverlee in 2023 and to Woluwe-Saint-Pierre in 2024.345 The board currently has 3 members.2 Total assets rose from €43,211 in 2018 to €302,179 in 2025 and headcount from 0.5 full-time equivalents in 2018 to 0.9 in 2020.6
| Establishment | Since | Unit number |
|---|---|---|
| Van Crombrugghelaan 102 registered office 1150 Woluwe-Saint-Pierre | 19-02-2019 | 2.286.099.958 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21683D0371/00A070 | 218 m² | 1 · 123 m² | 10.8 m · 3 |
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 0449.184.531
If something looks wrong or is missing, please tell us.