MTNC CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of MTNC CONSTRUCT is 9.8% (elevated). The 2024 annual accounts show equity of €2,100 and a net result of €100. Its solvency ranks better than 95% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €2,100
- Profit
- €100
- COSMA GheorgheDirector
- Schiopu Laurentiu MadalinDaily manager
Why 35raises risk1 financial year not filed after the legal deadline; last filed accounts filed 365 days late; 1 of the last 3 lateFounded in 2024Size: total assets €2,125Liquidity: current ratio 85.00Show the evidence
Checked score
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 92% on solvency, 99% on liquidity and 28% on profitability.
The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its 2024 accounts 365 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Resignation: Darie Ovidiu Constantin (director and…Appointment: Schiopu Laurentiu Madalin (director…
- Resignation: Ciobanu Marius Catalin (director and…Appointment: Darie Ovidiu Constantin (director…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2024, micro format
2024 annual accounts filed late (365 days) Filed on 31 July 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00361176.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,546 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Gross operating margin9900 | €125 |
| Operating profit (loss)9901 | €125 |
| Profit (loss) for the period before taxes9903 | €125 |
| Income taxes67/77 | €25 |
| Profit (loss) for the period9904 | €100 |
| Profit (loss) for the period to be appropriated9905 | €100 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €2,125 | |
| Current assets29/58 | €2,125 | |
| Amounts receivable within one year40/41 | €2,125 | |
| Other amounts receivable41 | €2,125 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €2,125 | |
| Equity10/15 | €2,100 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €100 | |
| Amounts payable17/49 | €25 | |
| Amounts payable within one year42/48 | €25 | |
| Taxes, remuneration and social security45 | €25 | |
| Taxes450/3 | €25 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €100 |
| Operating cash flow (approximation) | €100 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 31-07-2026 | 2026-00361176 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| COSMA Gheorghe |
|
| Schiopu Laurentiu Madalin |
|
| Darie Ovidiu Constantin |
|
| Ciobanu Marius Catalin |
|
| COSMA Gheorghe Daniel |
|
Owners and capital
Capital and shareholders
- COSMA Gheorghe Daniel
- CIOBANU Maríus Catalin 100 shares
- COSMA Gheorghe 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 22-05-2024 Incorporation · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-08
Gazette deed
Resignation: Darie Ovidiu Constantin (director and day-to-day manager)Appointment: Schiopu Laurentiu Madalin (director and day-to-day manager) · Director discharge4 facts ▸
- General meeting, “agendapunten afgehandeld en goedgekeurd” (deed in Dutch)
- Director resignation, Darie Ovidiu Constantin (director and day-to-day manager)
- Director discharge, Darie Ovidiu Constantin
- Director appointment, Schiopu Laurentiu Madalin (director and day-to-day manager)
31-07
Gazette deed
Resignation: Ciobanu Marius Catalin (director and day-to-day manager)Appointment: Darie Ovidiu Constantin (director and day-to-day manager) · Director discharge · Power of attorney4 facts ▸
- Director resignation, Ciobanu Marius Catalin (director and day-to-day manager)
- Director discharge, Ciobanu Marius Catalin
- Director appointment, Darie Ovidiu Constantin (director and day-to-day manager)
- Power of attorney, Darie Ovidiu Constantin
24-12
Gazette deed
Resignation: COSMA Gheorghe Daniel (director)Appointment: CIOBANU Maríus Catalin (director) · Shareholding5 facts ▸
- General meeting, 25-11-2024
- Director resignation, COSMA Gheorghe Daniel (director)
- Director appointment, CIOBANU Maríus Catalin (director)
- Shareholding, 25-11-2024, 0
- Shareholding, 25-11-2024, 100
22-05
Gazette deed
IncorporationAppointment: COSMA Gheorghe (director) · Founder · Founding capital6 facts ▸
- Incorporation, 17-05-2024
- Founder, COSMA Gheorghe
- Founding capital
- Other provision, “VVPRBIS regime informatie, op de hoogte gebracht van gevolgen m.b.t toepassingsvoorwaarden” (deed in Dutch)
- Board rule, 1
- Director appointment, COSMA Gheorghe (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1009.486.819
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 |
| 21572C0024/00Z007 | Brussels | 11 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- MTNC CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Kraainem,Steenweg op Mechelen 455 bus 3” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bij gebrek bepaling onbepaalde duur, bestuurd door één of meer bestuurders” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00