MV HOUSE CONSTRUCT
ActiveMV HOUSE CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262k and a net result of €32k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
93
/ 100
Excellent▼ -1 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-39
Solvency96▲+11
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.8 in 2023), and 49.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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
30 d late
2023
51 d late
2022
152 d late
2021
212 d late
2020
138 d late
2019
121 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€262k▲ 13.8%
2023 · €231k
2018: €62k
2019: €117k
2020: €119k
2021: €122k
2022: €144k
2023: €231k
2018 → 2024
Total assets
€516k▲ 0.2%
2023 · €515k
2018: €239k
2019: €325k
2020: €305k
2021: €421k
2022: €525k
2023: €515k
2018 → 2024
Net result
€32k▼ 63.1%
2023 · €86k
2018: €38k
2019: €55k
2020: €2k
2021: €93k
2022: €23k
2023: €86k
2018 → 2024
Working capital
€253k▲ 10.9%
2023 · €228k
2018: €112k
2019: €102k
2020: €111k
2021: €117k
2022: €142k
2023: €228k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€119k-€122k▲ 2.4%€144k▲ 18.5%€231k▲ 59.7%€262k▲ 13.8%
Operating result€5k-€129k▲ 2,253%€7k▼ 94.8%€102k▲ 1,417%€79k▼ 22.8%
Net result€2k-€93k▲ 3,982%€23k▼ 75.7%€86k▲ 282%€32k▼ 63.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €516k
Fixed assets
€9k▲ 309%
Current assets
€507k▼ 1.2%
Equity and liabilities €516k
Equity
€262k▲ 13.8%
Debt
€253k▼ 10.9%
The debt ratio falls from 55.2% to 49.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€81k▼
2023 · €103k
Cash flow
€34k▼
2023 · €88k
Solvency
50.9%▲
2023 · 44.8%
Current ratio
2.00▲
2023 · 1.80
Quick ratio
1.96▲
2023 · 1.75
Debt / equity
0.97▼
2023 · 1.23
ROE
12.1%▼
2023 · 37.4%
ROA
6.2%▼
2023 · 16.7%
Interest coverage
7.46▲
2023 · 6.19
Debt
€253k▼
2023 · €284k
Debt ≤ 1 year
€253k▼
2023 · €284k
Income taxes
€36k▲
2023 · €-1k
Staff costs
€38k
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€515k€516k▲
Fixed assets21/28€2k€9k▲
Tangible fixed assets22/27€2k€9k▲
Plant, machinery and equipment23€1k€943▼
Furniture and vehicles24€707€2k▲
Other tangible fixed assets26-€6k
Financial fixed assets28€103€103=
Current assets29/58€513k€507k▼
Stocks and contracts in progress3€15k€10k▼
Stocks30/36€15k€10k▼
Amounts receivable within one year40/41€487k€462k▼
Trade receivables40€403k€405k▲
Other amounts receivable41€84k€58k▼
Current investments50/53€0-
Cash at bank and in hand54/58€10k€7k▼
Deferred charges and accrued income490/1€2k€28k▲
Equity and liabilities
Total equity and liabilities10/49€515k€516k▲
Equity10/15€231k€262k▲
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€208k€240k▲
Amounts payable17/49€284k€253k▼
Amounts payable within one year42/48€284k€253k▼
Current portion of amounts payable after more than one year42€14k€28k▲
Financial debts43€93€0▼
Credit institutions430/8€93€0▼
Trade debts44€198k€192k▼
Suppliers440/4€198k€192k▼
Advances received on contracts in progress46€63k-
Taxes, remuneration and social security45€6k€34k▲
Taxes450/3€6k€30k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62-€38k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€98k€9k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€201k€128k▼
Operating profit (loss)9901€102k€79k▼
Financial income75/76B€19€11▼
Recurring financial income75€19€11▼
Financial charges65/66B€17k€11k▼
Recurring financial charges65€17k€11k▼
Profit (loss) for the period before taxes9903€85k€68k▼
Income taxes67/77€-1k€36k▲
Profit (loss) for the period9904€86k€32k▼
Profit (loss) for the period to be appropriated9905€86k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€208k€240k▲
Profit (loss) brought forward from the previous period14P€122k€208k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Equity above €200kEq €231k ▲59.7%
6 profitable years in a row build equity to €231k.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 212 days late
2021
31-12
Financial
Highest result since 2018net €93k ▲3982%
Operating result €129k, net result €93k, both a record.
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 138 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼95.9%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
31-12
Financial
Equity above €100kEq €117k ▲89.5%
2 profitable years in a row build equity to €117k.
22-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 53 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 178 days late
2016
16-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 47 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Rixensart · 1 establishment unit since 2009
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 Haute 501330 RixensartGround area
7,570 m²
Building footprint
463 m²
Volume, LiDAR
1,833 m³
2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MV HOUSE CONSTRUCT
since 20092.180.142.801
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25035B0521/00F000 | Wallonia | 6,760 m² | 1 · 262 m² | - |
| 25091C0103/00A000 | Wallonia | 810 m² | 1 · 201 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BOSLI
BE 0544.539.588
Hoeilaart · Eq €263k
Strobbe Nikolaas
BE 0418.512.240
Deerlijk · Eq €262k
HAESAERT PETER
BE 0465.133.212
Zedelgem · Eq €263k
BOUHMIDI MOHAMED BOUWWERKEN
BE 0452.090.967
Aalst · Eq €263k
GBB
BE 0831.611.187
Hoogstraten · Eq €262k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,859. 11,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-06-2009
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
43331Floor and wall tiling
43410Roofing work
43422Screed work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.