MUXAR CONSTRUCT
ActiveMUXAR CONSTRUCT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+92
Solvency44▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.22 in 2023; short-term debt: 43.4% and cash: 1.2% of total assets), but 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.8%
Return on assets
18.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2023
114 d late
2022
45 d late
2020
213 d late
2019
216 d late
2018
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k
2023 · €-2k
2018: €-5k
2019: €-3k
2020: €-19k
2022: €37k
2023: €-2k
2018 → 2024
Total assets
€140k▼ 6.3%
2023 · €150k
2018: €60k
2019: €85k
2020: €76k
2022: €114k
2023: €150k
2018 → 2024
Net result
€26k
2023 · €-39k
2018: €-4k
2019: €2k
2020: €-16k
2022: €-17k
2023: €-39k
2018 → 2024
Working capital
€64k▲ 171%
2023 · €24k
2018: €-14k
2019: €-14k
2020: €-32k
2022: €25k
2023: €24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€-3k-€-19k▼ 513%€37k€-2k€26k
Operating result€9k-€-16k€-15k▲ 4.3%€-28k▼ 78.9%€42k
Net result€2k-€-16k€-17k▼ 2.1%€-39k▼ 131%€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €42k after a loss of €28k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €140k
Fixed assets
€15k▼ 24.4%
Current assets
€125k▼ 3.5%
Equity and liabilities €140k
Equity
€26k
Debt
€114k
Debt finances 81.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€49k▲
2023 · €-19k
Cash flow
€33k▲
2023 · €-30k
Solvency
18.8%▲
2023 · -1.1%
Current ratio
2.05▲
2023 · 1.22
Quick ratio
1.20▲
2023 · 0.82
Debt / equity
4.33▲
2023 · -89.92
ROE
98.9%
ROA
18.6%▲
2023 · -25.7%
Interest coverage
7.29▲
2023 · -4.50
Debt
€114k▼
2023 · €152k
Debt ≤ 1 year
€61k▼
2023 · €106k
Debt > 1 year
€53k▲
2023 · €45k
Income taxes
€9k▲
2023 · €7k
Staff costs
€75k▼
2023 · €108k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€150k€140k▼
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€16k€11k▼
Plant, machinery and equipment23€824€2k▲
Furniture and vehicles24€15k€10k▼
Financial fixed assets28€4k€4k=
Current assets29/58€130k€125k▼
Stocks and contracts in progress3€43k€52k▲
Stocks30/36€43k€52k▲
Amounts receivable within one year40/41€84k€71k▼
Trade receivables40€66k€30k▼
Other amounts receivable41€18k€41k▲
Cash at bank and in hand54/58€2k€2k=
Deferred charges and accrued income490/1€1k€357▼
Equity and liabilities
Total equity and liabilities10/49€150k€140k▼
Equity10/15€-2k€26k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Profit (loss) carried forward14€-10k€18k▲
Amounts payable17/49€152k€114k▼
Amounts payable after more than one year17€45k€53k▲
Financial debts170/4€45k€53k▲
Amounts payable within one year42/48€106k€61k▼
Current portion of amounts payable after more than one year42€12k€15k▲
Financial debts43€23k€6k▼
Credit institutions430/8€23k€6k▼
Trade debts44€66k€26k▼
Suppliers440/4€66k€26k▼
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€10k▲
Remuneration and social security454/9-€451
Other amounts payable47/48€74€4k▲
Accrued charges and deferred income492/3€319-
Income statement
Code20232024
Remuneration, social security and pensions62€108k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€91k€125k▲
Operating profit (loss)9901€-28k€42k▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€-32k€35k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€-39k€26k▲
Profit (loss) for the period to be appropriated9905€-39k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€18k▲
Profit (loss) brought forward from the previous period14P€29k€-8k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 3 loss-making years.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.40
Current ratio from 0.64 to 1.40; short-term debt falls from €89k to €62k.
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 213 days late
2021
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 216 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 231 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are 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, Morlanwelz · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Trichon(CAR) 357141 MorlanwelzGround area
1,013 m²
Building footprint
169 m²
Volume, LiDAR
949 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Muxar Construct
since 20082.173.833.742
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015A0685/00B003 | Wallonia | 618 m² | 1 · 48 m² | - |
| 55032A0203/00S005indicative | Wallonia | 395 m² | 1 · 121 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BAT'IMMO
BE 0554.743.691
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RB GROUP
BE 0797.953.276
Nazareth-De Pinte · Eq €26k
MA CONSTRUCT
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Lummen · Eq €26k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,179 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.