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MYS CONSTRUCT

Active
Private limited companyfounded 20233 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0804.086.646
Summary

The computed 12-month bankruptcy probability of MYS CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €17,196 and a net result of €1,668. Its solvency ranks better than 54% of 7524 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-27
Solvency73▼-5
Growth35
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.96 in 2024; short-term debt: 52.3% and cash: 22.2% of total assets), and 52.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
47.7%
Return on assets
4.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
30 d early
2024
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 July 2023, MYS CONSTRUCT was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€86,496▼ 26.7%
2024 · €117,954
EBIT margin
4.7%▼ 13.0pp
2024 · 17.7%
Net result
€1,668▼ 89.3%
2024 · €15,528
Working capital
€4,294
2024 · -€556
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
Line20242025
Turnover€117,954-€86,496▼ 26.7%
Operating result€20,858-€4,074▼ 80.5%
Net result€15,528-€1,668▼ 89.3%
EBIT margin17.7%-4.7%▼ 13.0pp
Equity€15,528-€17,196▲ 10.7%
Total assets€29,467-€36,043▲ 22.3%
Debt€13,939-€18,847▲ 35.2%
Working capital-€556-€4,294
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2024: €20,858€20,858Net result 2024: €15,528€15,528Operating result 2025: €4,074€4,074Net result 2025: €1,668€1,66820242025€0€10,000€20,000Operating result 2024: €20,858€20,900Net result 2024: €15,528€15,500Operating result 2025: €4,074€4,070Net result 2025: €1,668€1,67020242025
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,043
Fixed assets €12,902 ▼ 19.8%
Current assets €23,141 ▲ 72.9%
Equity and liabilities €36,043
Equity €17,196 ▲ 10.7%
Debt €18,847 ▲ 35.2%
Debt's share of the balance-sheet total rises from 47.3% to 52.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,956▼
2024 · €24,774
Cash flow
€8,551▼
2024 · €19,444
Current ratio
1.23▲
2024 · 0.96
Debt to equity
1.10▲
2024 · 0.90
ROE
9.7%▼
2024 · 100.0%
ROA
4.6%▼
2024 · 52.7%
Interest coverage
202.86▼
2024 · 327.91
Debt ≤ 1 year
€18,847▲
2024 · €13,939
Income taxes
€2,624▼
2024 · €5,296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,467€36,043▲
Fixed assets21/28€16,084€12,902▼
Tangible fixed assets22/27€16,084€12,902▼
Furniture and vehicles24€16,084€12,902▼
Current assets29/58€13,383€23,141▲
Amounts receivable within one year40/41€11,141€14,698▲
Trade receivables40€5,636€1,804▼
Other amounts receivable41€5,505€12,894▲
Cash at bank and in hand54/58€2,242€7,985▲
Deferred charges and accrued income490/1-€458
Equity and liabilities
Total equity and liabilities10/49€29,467€36,043▲
Equity10/15€15,528€17,196▲
Profit (loss) carried forward14€15,528€17,196▲
Amounts payable17/49€13,939€18,847▲
Amounts payable within one year42/48€13,939€18,847▲
Trade debts44-€2,592
Suppliers440/4-€2,592
Advances received on contracts in progress46€3,400€1,063▼
Taxes, remuneration and social security45€10,539€15,192▲
Taxes450/3€10,539€10,959▲
Remuneration and social security454/9-€4,233
Income statement Code20242025
Turnover70€117,954€86,496▼
Goods, raw materials, services and sundry goods60/61€91,742€74,690▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,916€6,882▲
Other operating charges640/8€1,438€849▼
Gross operating margin9900€26,212€11,806▼
Operating profit (loss)9901€20,858€4,074▼
Financial income75/76B€41€273▲
Recurring financial income75€41€273▲
Financial charges65/66B€76€54▼
Recurring financial charges65€76€54▼
Profit (loss) for the period before taxes9903€20,824€4,293▼
Income taxes67/77€5,296€2,624▼
Profit (loss) for the period9904€15,528€1,668▼
Profit (loss) for the period to be appropriated9905€15,528€1,668▼
Appropriation of the result
Profit (loss) to be appropriated9906€15,528€17,196▲
Profit (loss) brought forward from the previous period14P-€15,528

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€117,954€86,496▼ 26.7%
Goods, raw materials, services and sundry goods60/61€91,742€74,690▼ 18.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,916€6,882▲ 75.8%
Other operating charges640/8€1,438€849▼ 41.0%
Gross operating margin9900€26,212€11,806▼ 55.0%
Operating profit (loss)9901€20,858€4,074▼ 80.5%
Financial income75/76B€41€273▲ 564%
Recurring financial income75€41€273▲ 564%
Financial charges65/66B€76€54▼ 28.5%
Recurring financial charges65€76€54▼ 28.5%
Profit (loss) for the period before taxes9903€20,824€4,293▼ 79.4%
Income taxes67/77€5,296€2,624▼ 50.4%
Profit (loss) for the period9904€15,528€1,668▼ 89.3%
Profit (loss) for the period to be appropriated9905€15,528€1,668▼ 89.3%
Line20242025Change
Assets
Total assets20/58€29,467€36,043▲ 22.3%
Fixed assets21/28€16,084€12,902▼ 19.8%
Tangible fixed assets22/27€16,084€12,902▼ 19.8%
Furniture and vehicles24€16,084€12,902▼ 19.8%
Current assets29/58€13,383€23,141▲ 72.9%
Amounts receivable within one year40/41€11,141€14,698▲ 31.9%
Trade receivables40€5,636€1,804▼ 68.0%
Other amounts receivable41€5,505€12,894▲ 134%
Cash at bank and in hand54/58€2,242€7,985▲ 256%
Deferred charges and accrued income490/1-€458-
Equity and liabilities
Total equity and liabilities10/49€29,467€36,043▲ 22.3%
Equity10/15€15,528€17,196▲ 10.7%
Profit (loss) carried forward14€15,528€17,196▲ 10.7%
Amounts payable17/49€13,939€18,847▲ 35.2%
Amounts payable within one year42/48€13,939€18,847▲ 35.2%
Trade debts44-€2,592-
Suppliers440/4-€2,592-
Advances received on contracts in progress46€3,400€1,063▼ 68.7%
Taxes, remuneration and social security45€10,539€15,192▲ 44.2%
Taxes450/3€10,539€10,959▲ 4.0%
Remuneration and social security454/9-€4,233-
Line20242025Change
Profit (loss) for the period9904€15,528€1,668▼ 89.3%
+ Depreciation and write-downs630€3,916€6,882▲ 75.8%
Operating cash flow (approximation)€19,444€8,551▼ 56.0%
Investment in fixed assets (approximation)--€3,700-
Change in cash-€5,744-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
13-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2023
exact location from the address register On OpenStreetMap
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
1 establishment unit
Rue Bosseler - AUBANGE 14, 6790 Aubange
General construction of buildings
since 20232.378.511.660
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 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.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 11,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
E-mail mys.construct@hotmail.com
Phone 0483 72 08 92

Scores and ratios are computed by Checked and are not a credit decision.