MVL CONSTRUCT
ActiveSummary
The annual accounts of MVL CONSTRUCT for financial 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 €38,903 and a net result of -€64,501. Equity has been stable since 2019 (±0.3% per year). Its solvency ranks better than 58% of 1,028 sector peers (NACE 41, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-05-2011 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 6 others
- Establishment unit
- 2.198.925.761 7340 Colfontaine, since 10-05-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 16-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- -€14,261
- ▲ 18.3%
- Loss
- €64,501
- ▲ 211%
- Equity
- €38,903
- ▼ 62.4%
- Total assets
- €99,501
- ▼ 26.7%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €64,501, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2011Liquidity: current ratio 1.64, cash €26,853Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 47% of them on solvency, 55% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 29-01-2026 PDF all 14 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €64,092, larger than the loss of €20,039 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 |
|---|---|---|---|
| Employees at the balance-sheet date | 4 | 2 | - |
| full-time | 3 | 1 | - |
| part-time | 1 | 1 | - |
| in full-time equivalents | 4 | 1.4 | - |
| Average over the year, in full-time equivalents | 4 | 1.8 | 0.1 |
| On a permanent contract | 4 | 2 | - |
| Joined | 2 | 0 | 0 |
| Left | 2 | 2 | 2 |
Source: social balance sheet in the 2022 to 2024 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €14,536 | - | - | - |
| Depreciation and write-downs of the year | €7,601 | €4,378 | €462 | €324 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as MVL CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €84,300 and €103,000, founded between 2007 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| MVL CONSTRUCT Colfontaine | 2011 | €99,501 | €38,903 | -€14,261 | -€64,501 | 2025 |
| PROBUILD CONSTRUCTION Manage | 2009 | €92,113 | €74,624 | -€27,595 | €89,706 | 2025 |
| DGF CONSTRUCT Bernissart | 2009 | €102,072 | €100,521 | -€2,047 | -€2,367 | 2025 |
| CASI Chapelle-lez-Herlaimont | 2011 | €86,228 | €63,506 | -€8,616 | -€10,002 | 2025 |
| "DAVAN CONSTRUCT" SPRL Mouscron | 2008 | €84,312 | €60,771 | -€9,907 | -€11,113 | 2025 |
| ENTREPRISE GENERALE GUIL-QUENT Ellezelles | 2007 | €96,505 | €38,810 | -€4,848 | -€10,333 | 2024 |
| HENRI Wommelgem | 2011 | €103,006 | €58,148 | -€6,617 | -€8,501 | 2025 |
They were chosen from the 15,546 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 4,805 companies had the same profile as MVL CONSTRUCT has now. Two years later, 2.0% had gone bankrupt and 88.2% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MVL CONSTRUCT itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,445 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,805 companies, not a prediction for MVL 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,000 | €60,267 | €6,483 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €140,002 | €27,998 | €748 | -€1,090 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,998 | €15,158 | €14,521 | €7,601 | €4,378 | €462 | €324 | ▼ 29.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €41,451 | - |
| Other operating charges640/8 | - | - | - | €4,512 | €1,595 | €1,364 | €215 | ▼ 84.2% |
| Non-recurring operating charges66A | - | - | - | €250 | €2,266 | - | €8,931 | - |
| Gross operating margin9900 | €184,272 | €110,910 | €152,871 | €209,250 | €42,972 | -€17,465 | -€14,261 | ▲ 18.3% |
| Operating profit (loss)9901 | €13,703 | -€26,512 | €28,154 | €56,885 | €6,735 | -€20,039 | -€64,092 | ▼ 220% |
| Financial income75/76B | - | - | - | €713 | €205 | €0 | €2 | ▲ 45× |
| Recurring financial income75 | €2,524 | €323 | €98 | €713 | €205 | €0 | €2 | ▲ 45× |
| Financial charges65/66B | - | - | - | €1,147 | €381 | €652 | €411 | ▼ 37.0% |
| Recurring financial charges65 | €2,457 | €1,271 | €4,170 | €1,147 | €381 | €652 | €411 | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €13,770 | -€27,460 | €24,082 | €56,451 | €6,559 | -€20,691 | -€64,501 | ▼ 212% |
| Income taxes67/77 | €5,637 | €282 | €5,855 | €8,890 | €265 | €40 | - | - |
| Profit (loss) for the period9904 | €8,133 | -€27,742 | €18,227 | €47,561 | €6,294 | -€20,731 | -€64,501 | ▼ 211% |
| Profit (loss) for the period to be appropriated9905 | €8,133 | -€27,742 | €18,227 | €47,561 | €6,294 | -€20,731 | -€64,501 | ▼ 211% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €253,328 | €257,195 | €194,835 | €338,931 | €153,441 | €135,740 | €99,501 | ▼ 26.7% |
| Fixed assets21/28 | €29,304 | €19,640 | €5,807 | €12,742 | €1,314 | €724 | €400 | ▼ 44.8% |
| Tangible fixed assets22/27 | €29,304 | €19,640 | €5,407 | €12,342 | €914 | €324 | - | - |
| Plant, machinery and equipment23 | - | - | - | €665 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €11,677 | €914 | €324 | - | - |
| Financial fixed assets28 | - | - | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €224,024 | €237,555 | €189,028 | €326,189 | €152,127 | €135,016 | €99,101 | ▼ 26.6% |
| Amounts receivable within one year40/41 | €172,164 | €205,308 | €141,615 | €249,264 | €111,810 | €108,695 | €71,314 | ▼ 34.4% |
| Trade receivables40 | - | - | - | €217,939 | €103,899 | €101,296 | €64,711 | ▼ 36.1% |
| Other amounts receivable41 | - | - | - | €31,325 | €7,911 | €7,399 | €6,603 | ▼ 10.8% |
| Cash at bank and in hand54/58 | €40,780 | €24,354 | €40,326 | €68,228 | €34,413 | €26,273 | €26,853 | ▲ 2.2% |
| Deferred charges and accrued income490/1 | - | - | - | €8,697 | €5,904 | €48 | €934 | ▲ 19× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €253,328 | €257,195 | €194,835 | €338,931 | €153,441 | €135,740 | €99,501 | ▼ 26.7% |
| Equity10/15 | €104,796 | €77,054 | €95,281 | €117,842 | €124,136 | €103,404 | €38,903 | ▼ 62.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €51,860 | €51,860 | €51,860 | €51,860 | €51,860 | €51,860 | €51,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - |
| Other1319 | - | - | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | €46,736 | €18,994 | €37,221 | €59,782 | €66,076 | €45,344 | -€19,157 | - |
| Amounts payable17/49 | €148,532 | €180,141 | €99,554 | €221,089 | €29,305 | €32,335 | €60,598 | ▲ 87.4% |
| Amounts payable after more than one year17 | €13,409 | €3,944 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €135,020 | €176,094 | €99,449 | €220,954 | €29,190 | €32,218 | €60,361 | ▲ 87.4% |
| Trade debts44 | €114,359 | €140,968 | €75,929 | €173,766 | €16,898 | €23,707 | €53,398 | ▲ 125% |
| Suppliers440/4 | - | - | - | €173,766 | €16,898 | €23,707 | €53,398 | ▲ 125% |
| Taxes, remuneration and social security45 | - | - | - | €22,188 | €2,505 | €1,130 | €626 | ▼ 44.6% |
| Taxes450/3 | - | - | - | €8,819 | €265 | €40 | €626 | ▲ 16× |
| Remuneration and social security454/9 | - | - | - | €13,369 | €2,240 | €1,090 | - | - |
| Other amounts payable47/48 | - | - | - | €25,000 | €9,787 | €7,380 | €6,336 | ▼ 14.1% |
| Accrued charges and deferred income492/3 | - | - | - | €135 | €115 | €118 | €237 | ▲ 101% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,133 | -€27,742 | €18,227 | €47,561 | €6,294 | -€20,731 | -€64,501 | ▼ 211% |
| + Depreciation and write-downs630 | €14,998 | €15,158 | €14,521 | €7,601 | €4,378 | €462 | €324 | ▼ 29.8% |
| Operating cash flow (approximation) | €23,131 | -€12,584 | €32,748 | €55,162 | €10,672 | -€20,270 | -€64,177 | ▼ 217% |
| Investment in fixed assets (approximation) | - | -€5,494 | -€688 | -€14,536 | €7,050 | €128 | €0 | ▼ 100% |
| Change in cash | - | -€16,426 | €15,972 | €27,902 | -€33,815 | -€8,140 | €580 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | full format | 29-01-2026 | 2026-00017279 | |
| 30-06-2024 | full format | 30-01-2025 | 2025-00016453 | |
| 30-06-2023 | full format | 30-01-2024 | 2024-00012342 | |
| 30-06-2022 | full format | 23-12-2022 | 2022-20545246 | |
| 30-06-2021 | full format | 28-01-2022 | 2022-02300509 | |
| 30-06-2020 | full format | 27-01-2021 | 2021-01800353 | |
| 30-06-2019 | full format | 15-01-2020 | 2020-01000598 | |
| 30-06-2018 | full format | 30-01-2019 | 2019-02800506 | |
| 30-06-2017 | full format | 10-01-2018 | 2018-00800578 | |
| 30-06-2016 | full format | 23-01-2017 | 2017-01800006 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 10-11-2023 Converted to unavailable equity · €8,060
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAURENT Valérie |
|
Articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, 100”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “À peine d’inopposabilité à société et tiers, héritiers et légataires ne devenant pas plein droit actionnaires tenus solliciter agrément…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Assemblée générale détermine le cas échéant émoluments, pouvoirs plus étendus conférés par articles 2:87. et suivants CSA”
Articles of association, deed of 10-11-2023 (in French)
Network & group
MVL CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MVL CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-11
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousChange of role: LAURENT Valérie, from manager to director · Incorporation · Capital conversion11 points ▸
- General meeting, 07-11-2023
- Incorporation, 02-05-2011
- Other provision, “modification des statuts” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer, fonds disponibles pour distribution” (deed in French)
- Director resignation, LAURENT Valérie (manager)
- Director discharge, LAURENT Valérie
- Director appointment, LAURENT Valérie (director (not named in the articles))
- Power of attorney
- Other provision, “résolutions de l'assemblée générale extraordinaire qui précèdent, votes” (deed in French)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
7 activities
- L’étude et la réalisation de tous travaux de construction,publics ou privés,en qualité d’entrepreneur général ou en sous-traitance,la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures
- Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparation,d’embellissements,de renouvellement,de modernisation et la maintenance de tous les types d’ouvrages d’art,de biens immeubles et,plus généralement toutes opérations se rapportant directement ou indirectement au secteur des travaux publics et privés du bâtiment
- L’acquisition pour compte propre de tous terrains,la construction de tous bâtiments publics et particuliers,l’achat,la vente,la location,la division et le lotissement de tout immeuble,à l’exception de l’activité d’agent immobilier sensu stricto
- La société pourra se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non
- La société pourra s’intéresser par toutes voies dans toutes affaires,entreprises ou sociétés,ayant un objet identique,analogue ou connexe et qui soit de nature à favoriser le développement de son entreprise,à lui procurer des matières premières,à faciliter l’écoulement de ses produits,ou à élargir sa clientèle
- La société pauma faire toutes opérations industrielles,commerciales,financières,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet social
- La société peut également exercer les fonctions d’administrateur,gérant ou de liquidateur dans d’autres sociétés
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0836.155.935
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53064A1167/00P000indicative | Wallonia | 186 m² | 1 · 54 m² | 7.6 m · 2 |