MX CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for MX CONSTRUCT according to publications in the Belgian State Gazette; curator: LUDIVINE DEWELLE.
Summary
The 2017 annual accounts show equity of €89,148 and a net result of €1,572.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Hainaut, Mons division
- Declared bankrupt
- 9 March 2020
- Supervising judge
- Philippe Delepine
- Official Gazette
- 19-03-2020 (pdf) ↗search the document for 2020/112577
Deadlines
- Provisional date payments stopped
- 9 March 2020A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 3 April 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 8 April 2020art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 May 2020Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 9 March 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Ludivine DewelleAvenue D’Hyon, 49/R3, 7000 Mons- . Date provisoire de cessation de paiement : 09/03/2020l.dewelle@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 28-09-2018, 59 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
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, full schema
Turnover
€178,665▼ 37.9%
2016 · €287,742
EBIT margin
4.6%▲ 2.3pp
2016 · 2.3%
Net result
€1,572▲ 12.6%
2016 · €1,396
Working capital
€158,742▲ 52.5%
2016 · €104,088
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Turnover€272,486-€432,318▲ 58.7%€376,387▼ 12.9%€287,742▼ 23.6%€178,665▼ 37.9%
Operating result€9,452-€15,194▲ 60.8%€11,322▼ 25.5%€6,591▼ 41.8%€8,241▲ 25.0%
Net result€6,795-€5,899▼ 13.2%€6,143▲ 4.1%€1,396▼ 77.3%€1,572▲ 12.6%
EBIT margin3.5%-3.5%=3.0%▼ 0.5pp2.3%▼ 0.7pp4.6%▲ 2.3pp
Equity€74,138-€80,037▲ 8.0%€86,180▲ 7.7%€87,576▲ 1.6%€89,148▲ 1.8%
Total assets€99,597-€112,818▲ 13.3%€105,068▼ 6.9%€154,686▲ 47.2%€223,518▲ 44.5%
Debt€25,458-€32,781▲ 28.8%€18,888▼ 42.4%€67,110▲ 255%€134,370▲ 100%
Working capital€64,319-€74,356▲ 15.6%€82,261▲ 10.6%€104,088▲ 26.5%€158,742▲ 52.5%
Staff (FTE)1-3.5▲ 250%4.3▲ 22.9%4.1▼ 4.7%4.2▲ 2.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2017; 2017 is 25% above 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €223,518
Fixed assets
€1,692 ▲ 305%
Current assets
€221,826 ▲ 43.8%
Equity and liabilities €223,518
Equity
€89,148 ▲ 1.8%
Debt
€134,370 ▲ 100%
Debt's share of the balance-sheet total rises from 43.4% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9,768▼
2016 · €10,093
Cash flow
€3,099▼
2016 · €4,897
Current ratio
3.52▲
2016 · 3.07
Quick ratio
2.44▼
2016 · 2.82
Debt to equity
0.80▲
2016 · 0.19
ROE
1.8%▲
2016 · 1.6%
ROA
0.7%▼
2016 · 0.9%
Debt ≤ 1 year
€63,084▲
2016 · €50,180
Debt > 1 year
€71,286▲
2016 · €16,930
Income taxes
€2,204▼
2016 · €2,567
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €272,486 | €432,318 | €376,387 | €287,742 | €178,665 | ▼ 37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,319 | €5,445 | €8,511 | €3,501 | €1,527 | ▼ 56.4% |
| Gross operating margin9900 | €57,494 | €76,944 | €94,771 | €58,931 | €72,544 | ▲ 23.1% |
| Operating profit (loss)9901 | €9,452 | €15,194 | €11,322 | €6,591 | €8,241 | ▲ 25.0% |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Recurring financial charges65 | €197 | €5,080 | €1,232 | €2,629 | €4,465 | ▲ 69.8% |
| Profit (loss) for the period before taxes9903 | €9,255 | €10,114 | €10,090 | €3,962 | €3,776 | ▼ 4.7% |
| Income taxes67/77 | €2,460 | €4,216 | €3,947 | €2,567 | €2,204 | ▼ 14.1% |
| Profit (loss) for the period9904 | €6,795 | €5,899 | €6,143 | €1,396 | €1,572 | ▲ 12.6% |
| Profit (loss) for the period to be appropriated9905 | €6,795 | €5,899 | €6,143 | €1,396 | €1,572 | ▲ 12.6% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,597 | €112,818 | €105,068 | €154,686 | €223,518 | ▲ 44.5% |
| Fixed assets21/28 | €10,620 | €5,681 | €3,919 | €418 | €1,692 | ▲ 305% |
| Tangible fixed assets22/27 | €10,329 | €5,390 | €3,628 | €127 | €1,401 | ▲ 1,006% |
| Financial fixed assets28 | €291 | €291 | €291 | €291 | €291 | = |
| Current assets29/58 | €88,977 | €107,137 | €101,148 | €154,268 | €221,826 | ▲ 43.8% |
| Stocks and contracts in progress3 | - | - | - | €12,900 | €67,900 | ▲ 426% |
| Amounts receivable within one year40/41 | €70,718 | €73,369 | €90,613 | €141,368 | €138,368 | ▼ 2.1% |
| Cash at bank and in hand54/58 | €18,259 | €33,768 | €10,535 | - | €15,558 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,597 | €112,818 | €105,068 | €154,686 | €223,518 | ▲ 44.5% |
| Equity10/15 | €74,138 | €80,037 | €86,180 | €87,576 | €89,148 | ▲ 1.8% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €5,057 | €5,352 | €6,198 | €6,198 | €6,198 | = |
| Profit (loss) carried forward14 | €7,108 | €12,711 | €18,008 | €19,404 | €20,976 | ▲ 8.1% |
| Amounts payable17/49 | €25,458 | €32,781 | €18,888 | €67,110 | €134,370 | ▲ 100% |
| Amounts payable after more than one year17 | - | - | - | €16,930 | €71,286 | ▲ 321% |
| Amounts payable within one year42/48 | €24,658 | €32,781 | €18,888 | €50,180 | €63,084 | ▲ 25.7% |
| Trade debts44 | €9,848 | €32,781 | €18,888 | €36,421 | €51,334 | ▲ 40.9% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,795 | €5,899 | €6,143 | €1,396 | €1,572 | ▲ 12.6% |
| + Depreciation and write-downs630 | €5,319 | €5,445 | €8,511 | €3,501 | €1,527 | ▼ 56.4% |
| Operating cash flow (approximation) | €12,113 | €11,344 | €14,654 | €4,897 | €3,099 | ▼ 36.7% |
| Investment in fixed assets (approximation) | - | -€507 | -€6,750 | €0 | -€2,801 | - |
| Change in cash | - | €15,509 | -€23,233 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2020
19-03
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 09-03-2020
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-12
Financial
Weakest financial yearnet €1,396 ▼77.3%
Net result drops to €1,396, the lowest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 87 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
24-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 55 days late
2013
23-09
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 54 days late
2012
12-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 104 days late
2011
29-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 29 days late
05-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 370 days late
2009
25-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Saint-Ghislain
Ground area
3,181 m²
Building footprint
750 m²
Volume, LiDAR
3,453 m³
Parcel 53036B0368/00R000, Wallonia · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53036B0368/00R000 | Wallonia | 3,181 m² | 1 · 750 m² | 5.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LUDIVINE DEWELLE AVENUE D’HYON, 49/R3,
7000 MONS- .
Date provisoire de cessation de paiement : 09/03/2020 |
09-03-2020 → present |
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-08-1988
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.