MZ CONSTRUCTION

Active

Private limited companyfounded 20224 yrs activeDamputstraat 51, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0783.794.345

The computed 12-month bankruptcy probability of MZ CONSTRUCTION is 2.4% (moderate). The 2024 annual accounts show equity of €14k and a net result of €2k. Equity is shrinking by ~34.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 83% of 1633 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

72 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability60▲+60

Solvency100▲+16

Growth32=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 3.52 against 1.76 in 2023; short-term debt: 22.2% of total assets), and 22.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

77.8%

Return on assets

10.2%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

41 d early

2023

30 d late

2022

on the day

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€14k▲ 15.1%

2023 · €12k

2022: €23k 2023: €12k

2022 → 2024

Total assets

€17k▼ 12.9%

2023 · €20k

2022: €41k 2023: €20k

2022 → 2024

Net result

€2k

2023 · €-11k

2022: €19k 2023: €-11k

2022 → 2024

Working capital

€10k▲ 55.4%

2023 · €6k

2022: €16k 2023: €6k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€23k-€12k▼ 48.5%€14k▲ 15.1%

Operating result€28k-€-8k€4k

Net result€19k-€-11k€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €4k after a loss of €8k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €17k

21.8%

78.2%

Fixed assets €4k▼ 31.0%

Current assets €14k▼ 6.0%

Equity and liabilities €17k

77.8%

22.2%

Equity €14k▲ 15.1%

Debt €4k▼ 52.9%

The debt ratio falls from 41.1% to 22.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€5k▲

2023 · €-7k

Cash flow

€3k▲

2023 · €-9k

Solvency

77.8%▲

2023 · 58.9%

Current ratio

3.52▲

2023 · 1.76

Quick ratio

3.52▲

2023 · 1.76

Debt / equity

0.29▼

2023 · 0.70

ROE

13.1%▲

2023 · -94.3%

ROA

10.2%▲

2023 · -55.6%

Interest coverage

3.43▲

2023 · -2.49

Debt

€4k▼

2023 · €8k

Debt ≤ 1 year

€4k▼

2023 · €8k

Income taxes

€376▲

2023 · €108

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€20k€17k▼

Fixed assets21/28€5k€4k▼

Tangible fixed assets22/27€5k€4k▼

Furniture and vehicles24€5k€4k▼

Current assets29/58€14k€14k▼

Amounts receivable within one year40/41€7k€14k▲

Trade receivables40€4k€8k▲

Other amounts receivable41€4k€5k▲

Cash at bank and in hand54/58€6k-

Deferred charges and accrued income490/1€1k-

Equity and liabilities

Total equity and liabilities10/49€20k€17k▼

Equity10/15€12k€14k▲

Contributions10/11€4k€4k=

Reserves13€15k€17k▲

Distributable reserves133€15k€17k▲

Profit (loss) carried forward14€-7k€-7k▲

Amounts payable17/49€8k€4k▼

Amounts payable within one year42/48€8k€4k▼

Financial debts43-€3k

Credit institutions430/8-€3k

Trade debts44€1k€897▼

Suppliers440/4€1k€897▼

Taxes, remuneration and social security45€5k€376▼

Taxes450/3€5k€376▼

Other amounts payable47/48€2k-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=

Other operating charges640/8€672€1k▲

Non-recurring operating charges66A-€475

Gross operating margin9900€-6k€7k▲

Operating profit (loss)9901€-8k€4k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€-11k€2k▲

Income taxes67/77€108€376▲

Profit (loss) for the period9904€-11k€2k▲

Profit (loss) for the period to be appropriated9905€-11k€2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-5k▲

Profit (loss) brought forward from the previous period14P€4k€-7k▼

Transfer to equity691/2€0€2k▲

To other reserves6921€0€2k▲

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

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

20-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-11k ▼159%

Net result drops to €-11k, the lowest in the series; recovery starts the following year.

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Hamme (Vl.) · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Damputstraat 519220 Hamme (Vl.)

Ground area

154 m²

Building footprint

65 m²

Volume, LiDAR

393 m³

Parcel 42008A1626/00B002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MZ CONSTRUCTION

Damputstraat 51, 9220 Hamme (Vl.)Installation of industrial machinery and equipment

since 20222.329.243.974

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42008A1626/00B002	Flanders	154 m²	1 · 65 m²	10.1 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 144 EUR awarded · 144 EUR paid

Year	Entries	awarded	paid
2025	1	144 EUR	144 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 144 EUR · 144 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories

MZ CONSTRUCTION BV42142

category C2, class 1 · category P1, class 1

decision 13-07-2022

Similar companies · same sector, comparable size

TECHNICS AND AUTOMATION

BE 0870.229.362

Scherpenheuvel-Zichem · Eq €13k

Of 1,225 companies in sector 33200 we hold annual accounts for 676. 327 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-03-2022

Fiscal year end31-12

Activities, NACEBEL

33200Installation of industrial machinery and equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.