MVL CONSTRUCT
ActiveThe annual accounts of MVL CONSTRUCT for fiscal year 2025 show a net loss of 65% of total assets and of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €39k and a net result of €-65k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 57% of 820 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency64▼-36
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.64 against 4.19 in 2024; short-term debt: 60.7% and cash: 27% of total assets), but 60.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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 2025Solvency, return and age of the figures
Solvency
39.1%
Return on assets
-64.8%
Age of the figures
15 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-65k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
39 d early
2021
3 d early
2020
4 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-65k▼ 211%
2024 · €-21k
2019: €8k
2020: €-28k
2021: €18k
2022: €48k
2023: €6k
2024: €-21k
2019 → 2025
Working capital
€39k▼ 62.3%
2024 · €103k
2019: €89k
2020: €61k
2021: €90k
2022: €105k
2023: €123k
2024: €103k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€118k▲ 23.7%€124k▲ 5.3%€103k▼ 16.7%€39k▼ 62.4%
Operating result€28k-€57k▲ 102%€7k▼ 88.2%€-20k€-64k▼ 220%
Net result€18k-€48k▲ 161%€6k▼ 86.8%€-21k€-65k▼ 211%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2025 against €20k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€400▼ 44.8%
Current assets
€99k▼ 26.6%
Equity and liabilities €100k
Equity
€39k▼ 62.4%
Debt
€61k▲ 87.4%
The debt ratio rises from 23.8% to 60.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-64k▼
2024 · €-20k
Cash flow
€-64k▼
2024 · €-20k
Solvency
39.1%▼
2024 · 76.2%
Current ratio
1.64▼
2024 · 4.19
Quick ratio
1.64▼
2024 · 4.19
Debt / equity
1.56▲
2024 · 0.31
ROE
-165.8%▼
2024 · -20.0%
ROA
-64.8%▼
2024 · -15.3%
Interest coverage
-155.24▼
2024 · -30.02
Debt
€61k▲
2024 · €32k
Debt ≤ 1 year
€60k▲
2024 · €32k
Staff costs
€-1k▼
2024 · €748
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€136k€100k▼
Fixed assets21/28€724€400▼
Tangible fixed assets22/27€324-
Furniture and vehicles24€324-
Financial fixed assets28€400€400=
Current assets29/58€135k€99k▼
Amounts receivable within one year40/41€109k€71k▼
Trade receivables40€101k€65k▼
Other amounts receivable41€7k€7k▼
Cash at bank and in hand54/58€26k€27k▲
Deferred charges and accrued income490/1€48€934▲
Equity and liabilities
Total equity and liabilities10/49€136k€100k▼
Equity10/15€103k€39k▼
Contributions10/11€6k€6k=
Reserves13€52k€52k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€45k€-19k▼
Amounts payable17/49€32k€61k▲
Amounts payable within one year42/48€32k€60k▲
Trade debts44€24k€53k▲
Suppliers440/4€24k€53k▲
Taxes, remuneration and social security45€1k€626▼
Taxes450/3€40€626▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€7k€6k▼
Accrued charges and deferred income492/3€118€237▲
Income statement
Code20242025
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€748€-1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€462€324▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€41k
Other operating charges640/8€1k€215▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€-17k€-14k▲
Operating profit (loss)9901€-20k€-64k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€652€411▼
Recurring financial charges65€652€411▼
Profit (loss) for the period before taxes9903€-21k€-65k▼
Income taxes67/77€40-
Profit (loss) for the period9904€-21k€-65k▼
Profit (loss) for the period to be appropriated9905€-21k€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€-19k▼
Profit (loss) brought forward from the previous period14P€66k€45k▼
Social balance
Average headcount (FTE)90870.1-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Liquidity quadruplescurrent ratio 5.21
Current ratio from 1.48 to 5.21; short-term debt falls from €221k to €29k.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €48k ▲161%
Operating result €57k, net result €48k, both a record.
30-06
Financial
Equity above €100kEq €118k ▲23.7%
2 profitable years in a row build equity to €118k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Colfontaine · 1 establishment unit since 2011
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 de la Montagne 107340 ColfontaineGround area
186 m²
Building footprint
54 m²
Volume, LiDAR
328 m³
Parcel 53064A1167/00P000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Montagne 10, 7340 Colfontaine
since 20112.198.925.761
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53064A1167/00P000indicative | Wallonia | 186 m² | 1 · 54 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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
G.SEDRAN & FILS
BE 0885.651.174
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CIERO CONSTRUCT
BE 0627.878.525
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DECO CONSTRUCT
BE 0784.257.767
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Bouwbedrijf Manca
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EVEREST CONSTRUCTS
BE 0672.873.261
Dilbeek · Eq €39k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,814 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2011
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43410Roofing work
41003General construction of other non-residential buildings
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.