MZK CONSTRUCT
ActiveMZK CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €568k and a net result of €14k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-12
Solvency100=
Growth37▼-41
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 10.38 against 8.26 in 2024; short-term debt: 6.9% and cash: 66.7% of total assets), and 6.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
2.3%
Age of the figures
18 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
49 d early
2023
11 d early
2022
3 d early
2021
2 d early
2020
26 d late
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€461k▼ 33.9%
2020 · €698k
2020: €698k
2020 → 2025
EBIT margin
5.5%▼ 9.9pp
2020 · 15.4%
2020: 15.4%
2020 → 2025
Net result
€14k▼ 71.5%
2024 · €49k
2019: €35k
2020: €71k
2021: €45k
2022: €159k
2023: €169k
2024: €49k
2019 → 2025
Working capital
€396k▲ 3.6%
2024 · €382k
2019: €206k
2020: €254k
2021: €293k
2022: €402k
2023: €556k
2024: €382k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€461k
Equity€304k-€442k▲ 45.3%€586k▲ 32.6%€553k▼ 5.5%€568k▲ 2.6%
Operating result€72k-€219k▲ 204%€254k▲ 16.1%€61k▼ 76.2%€26k▼ 57.8%
Net result€45k-€159k▲ 252%€169k▲ 6.5%€49k▼ 71.0%€14k▼ 71.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €610k
Fixed assets
€172k▲ 0.3%
Current assets
€438k▲ 0.8%
Equity and liabilities €610k
Equity
€568k▲ 2.6%
Debt
€42k▼ 19.8%
The debt ratio falls from 8.7% to 6.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2024 · €79k
Cash flow
€32k▼
2024 · €68k
Solvency
93.1%▲
2024 · 91.3%
Current ratio
10.38▲
2024 · 8.26
Quick ratio
10.38▲
2024 · 8.26
Debt / equity
0.07▼
2024 · 0.10
ROE
2.5%▼
2024 · 8.9%
ROA
2.3%▼
2024 · 8.1%
Interest coverage
75.72▼
2024 · 140.72
Debt
€42k▼
2024 · €53k
Debt ≤ 1 year
€42k▼
2024 · €53k
Income taxes
€13k▲
2024 · €11k
Staff costs
€10k
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€606k€610k▲
Fixed assets21/28€171k€172k▲
Tangible fixed assets22/27€168k€169k▲
Land and buildings22€156k€151k▼
Plant, machinery and equipment23€3k€801▼
Furniture and vehicles24€9k€17k▲
Financial fixed assets28€3k€3k=
Current assets29/58€435k€438k▲
Amounts receivable within one year40/41€106k€31k▼
Trade receivables40€56k€27k▼
Other amounts receivable41€50k€4k▼
Cash at bank and in hand54/58€328k€407k▲
Deferred charges and accrued income490/1€272€272=
Equity and liabilities
Total equity and liabilities10/49€606k€610k▲
Equity10/15€553k€568k▲
Contributions10/11€19k€19k=
Reserves13€466k€481k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€464k€480k▲
Profit (loss) carried forward14€69k€68k▼
Amounts payable17/49€53k€42k▼
Amounts payable within one year42/48€53k€42k▼
Financial debts43€686€686=
Other loans439€686€686=
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€35k€12k▼
Taxes450/3€27k€2k▼
Remuneration and social security454/9€8k€10k▲
Other amounts payable47/48€11k€21k▲
Income statement
Code20242025
Turnover70-€461k
Goods, raw materials, services and sundry goods60/61-€408k
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€22k€881▼
Gross operating margin9900€101k€54k▼
Operating profit (loss)9901€61k€26k▼
Financial income75/76B€64€2k▲
Recurring financial income75€64€2k▲
Financial charges65/66B€563€578▲
Recurring financial charges65€563€578▲
Profit (loss) for the period before taxes9903€60k€27k▼
Income taxes67/77€11k€13k▲
Profit (loss) for the period9904€49k€14k▼
Profit (loss) for the period to be appropriated9905€49k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€110k€83k▼
Profit (loss) brought forward from the previous period14P€61k€69k▲
Transfer from equity791/2€70k-
Transfer to equity691/2€30k€16k▼
To other reserves6921€30k€16k▼
Shareholders' contribution to the loss794-€549
Profit to be distributed694/7€81k-
Return on contributions (dividend)694€70k-
Directors or managers695€11k-
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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €14k ▼71.5%
Net result drops to €14k, the lowest in the series.
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €169k ▲6.5%
Operating result €254k, net result €169k, both a record.
31-03
Financial
Equity above €500kEq €586k ▲32.6%
5 profitable years in a row build equity to €586k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
31-03
Financial
Equity above €200kEq €257k ▲38.5%
2 profitable years in a row build equity to €257k.
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 76 days late
2017
16-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2016
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
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, Beersel · 1 establishment unit since 2013
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.
Zennestraat 1001651 BeerselGround area
403 m²
Building footprint
85 m²
Volume, LiDAR
533 m³
Parcel 23046C0280/00M000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MZK CONSTRUCT
since 20132.219.545.387
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23046C0280/00M000 | Flanders | 403 m² | 1 · 85 m² | 9.8 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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-02-2013
Fiscal year end31-03
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.