Equity
-€6,399
Debts exceed assets in financial year 2025.
MV CONSTRUCT
Lifetime
2 annual accounts with figures on one time axispeak €21,783 (2025)
€21,783▲ €44,923
lowest -€26,609 (2024)
€15,210▲ €41,819
peak -€6,399 (2025)
-€6,399▲ €15,210
€87,361▲ 64.2%
Board1 name since 2023
1 director
Documentsfilings and deeds
31-01-2026on the last day
2025micro format
Gross margin from -€23,140 to €21,783Back to profit: €15,210Equity from -€21,609 to -€6,399Debts from €53,206 to €87,361Cash from €1,749 to €7,426
Key points
from the 2025 annual accountsTurnover
≈ €260,000 estimated
The micro format states no turnover.
Debts
€87,361 108% of the balance sheet
Suppliers 21%Taxes and wages 1%Other 79%
Investments
€26,646 5.6 × depreciation
Green is investment, beige is depreciation.
Starting capital
€5,000 100 shares
Position in the sector
-€6,399
Less equity than 90% of companies in construction of buildings. Sector median €45,781 · 10,155 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,017 companies had the same profile as MV CONSTRUCT has now. Each dot stands for 3 companies, two years later.
89.2%
were still trading
4.0%
stopped another way
6.5%
went bankrupt
Another 0.3% 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 1,017 companies, not a prediction for MV 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 0208:0803298471
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 30-06-2023 · Gazette deed
First establishment
Knobbelstraat 57, Avelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MV CONSTRUCT Avelgem | €80,963 | €21,783 | -7.9% | - |
| Art-X Bruges | €68,169 | €23,449 | 32.7% | - |
| DELAERE JOHAN Bredene | €104,908 | €24,954 | 28.4% | - |
| DECO PRO & FILS Beersel | €85,545 | €22,811 | 76.6% | - |
| BP Investments Heusden-Zolder | €68,857 | €23,980 | 54.8% | - |
| Con Creet Beveren-Kruibeke-Zwijndrecht | €71,269 | €18,287 | 7.5% | - |
| BELGAMO Dilbeek | €85,775 | €24,881 | 48.5% | - |
These companies have the same main activity as MV CONSTRUCT: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €68,200 and €105,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 28-06-2023Normal situation
- Activity
- General construction of other non-residential buildingsNACE 41003and 3 others
- Establishment unit
- 2.347.027.5398580 Avelgem, since 28-06-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 28-07-2024
Annual accounts to 30-06-2025
- €80,963▲ 156%
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on MV CONSTRUCT
The 2025 annual accounts show negative equity (-€6,399) and a net result of €15,210. Its solvency ranks better than 10% of 10,152 sector peers (NACE 41, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 MV CONSTRUCT
- What is the company number of MV CONSTRUCT?
- The company number of MV CONSTRUCT is 0803.298.471. The VAT number is the same number with BE in front: BE 0803.298.471.
- Where is MV CONSTRUCT based?
- The registered office is at Knobbelstraat 57, 8580 Avelgem.Company details
- What does MV CONSTRUCT do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of MV CONSTRUCT?
- MV CONSTRUCT is a private limited company (BV).
- When was MV CONSTRUCT founded?
- MV CONSTRUCT was founded on 28-06-2023.
- Is MV CONSTRUCT still active?
- Yes, MV CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of MV CONSTRUCT?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €21,783 and 277 comparable companies (NACE 410). It probably lies between €140,000 and €490,000. It is a rough estimate.Financials
- Is MV CONSTRUCT profitable?
- In financial year 2025, MV CONSTRUCT made a profit of €15,210.
- Where can I find the annual accounts of MV CONSTRUCT?
- MV CONSTRUCT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MV CONSTRUCT due?
- MV CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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