MV Constructions

Active

Private limited companyfounded 2019active for 7 yearsZwanestraat 3, 8691 Alveringem, BelgiumKBO/BCE: BE 0729.519.974

Summary

MV Constructions has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,974 and a net result of €22,909. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 20% of 9,309 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow Report Compare

MV ConstructionsActiveChecked score 66/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

3rd largest company by total assets in Alveringem, Construction sector1 site

Size

€1.5mtotal assets 2025

Equity: €171,974
Profit: €22,909

Turnover not published (micro format)

Financial health

66 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.0%

Structure

Myriam VandenauweeleDirector

2025 accounts 18 days early1 of 2 deeds summarised

Why 66raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €171,974 (11.7% of total assets)Founded in 2019lowers riskSize: total assets €1.5mShow the evidence

Checked score

Score 2025

66 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 45% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 37=

equity 11.7% of total assets

Liquidity 52+3

short-term debt 15.6% · cash 4.5%

Profitability 71+1

return on assets 1.6%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,431 companies, NACE 41, micro)

Last 24 months 11-2024: 2.9% 12-2024: 2.9%● unchanged vs 11-2024 01-2025: 3.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.9%▼ -0.1 percentage points vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.1%▲ +0.2 percentage points vs 04-2025 06-2025: 3.3%▲ +0.2 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025highest value 08-2025: 2.4%▼ -0.9 percentage points vs 07-2025 09-2025: 2.0%▼ -0.4 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.1%▲ +0.1 percentage points vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.5%▲ +0.2 percentage points vs 05-2026 07-2026: 2.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▼ -1.6 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.8, compared with 4.34 in 2024, above the usual 1.5; short-term debt: 15.6% and cash: 4.5% of total assets), but 88.3% of the assets are financed with debt and provisions.

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 20% on solvency, 55% on liquidity, 43% on profitability and 60% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Size: total assets €1.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €171,974 (11.7% of total assets)

NBB · annual accounts

Founded in 2019

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9309 sector peers (2025).

NBB · sector comparison

Position among 9309 sector peers

Solvency

better than 20%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

18 days early

2024

31 days early

2023

7 days early

2022

31 days late

2021

61 days late

2020

90 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 21 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 37 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

13-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Equity above €150,000equity €171,974 ▲15.4%
30-06-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Positive: 3rd largest company by total assets in Alveringem, Construction sectorin the Checked rankings No. 3 View
Positive: 6 profitable years in a rowprofit 2025: €22,909 6 years View
Flemish supportawarded in 2022 €257,813 View

By topic

Financials

Financial year: 2025
Total assets: €1.5m
Profit: €22,909
Solvency: 11.7%

Total assets▲ 15.3%

Net result

20202025

Go to Financials

Board & ownership

Board: 1 member

Myriam VandenauweeleDirector

Go to Board & ownership

Timeline

Events: 12
Since: 2021
Next accounts: by 31-07-2027

23-09-2024Appointment: Myriam Vandenauweele (bijkomend bestuurder)
24-07-2024Annual accounts filed
31-12-2023Liquidity more than triples

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 28-06-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about MV Constructions

What is the company number of MV Constructions?: 0729.519.974. In Belgium the VAT number is the company number with BE in front: BE 0729.519.974.
Where is MV Constructions based?: The registered office is at Zwanestraat 3, 8691 Alveringem.Company details
What does MV Constructions do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MV Constructions?: Private limited company (BV).
When was MV Constructions founded?: On 28-06-2019.
Is MV Constructions still active?: Yes, MV Constructions is an active enterprise in the KBO register.
What is the turnover of MV Constructions?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MV Constructions profitable?: In financial year 2025, MV Constructions made a profit of €22,909.
Where can I find the annual accounts of MV Constructions?: MV Constructions filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MV Constructions due?: By 31-07-2027, for financial year 2026.Timeline