VAN MOER M. CONSTRUCTIES
ActiveSummary
VAN MOER M. CONSTRUCTIES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233,770 and a net result of €27,277. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 51% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Other construction installation
NACE 43240Insulation installation NACE 43230NACE 43291
1 site
How big
€523,299total assets 2025
- Staff
- 1 FTE
- Equity
- €233,770
- Profit
- €27,277
Turnover not published (abridged schema)
Who decides
Accounts 22 d early0 of 1 deed read
Why 69- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-32
Solvency70▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.01 in 2024; short-term debt: 50.3% and cash: 22.9% of total assets), and 55.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
44.7%
Return on assets
5.2%
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
93 d early
2023
7 d early
2022
46 d early
2021
30 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 9 July (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Highest result since 2018net €86,176 ▲1,021%
Financials
Fiscal year 2025Total assets €523,299Profit €27,277Solvency 44.7%Liquidity 0.92
Turnover
€283,017▼ 36.3%
2018 - 2021
Net result
€27,277▼ 68.3%
2018 - 2025
Equity
€233,770▲ 13.2%
2018 - 2025
Staff (FTE)
1=
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€283,017
Operating result€21,939▼ 56.1%€52,257▲ 138%€29,682▼ 43.2%€143,500▲ 383%€64,849▼ 54.8%
Net result-€540below the sector's middle half€10,010within the sector's middle half€7,688within the sector's middle half▼ 23.2%€86,176within the sector's middle half▲ 1,021%€27,277within the sector's middle half▼ 68.3%
EBIT margin7.8%
Equity€102,619below the sector's middle half▼ 0.5%€112,630within the sector's middle half▲ 9.8%€120,317within the sector's middle half▲ 6.8%€206,493within the sector's middle half▲ 71.6%€233,770within the sector's middle half▲ 13.2%
Total assets€385,695below the sector's middle half▼ 7.4%€415,929above the sector's middle half▲ 7.8%€400,473above the sector's middle half▼ 3.7%€589,125within the sector's middle half▲ 47.1%€523,299within the sector's middle half▼ 11.2%
Debt€283,076▼ 9.7%€303,300▲ 7.1%€280,156▼ 7.6%€382,631▲ 36.6%€289,528▼ 24.3%
Working capital-€108,816below the sector's middle half▼ 7.1%-€88,480below the sector's middle half▲ 18.7%-€78,991below the sector's middle half▲ 10.7%€3,948below the sector's middle half-€19,811below the sector's middle half
Solvency26.6%within the sector's middle half▲ 1.8pp27.1%within the sector's middle half▲ 0.5pp30.0%within the sector's middle half▲ 3.0pp35.1%within the sector's middle half▲ 5.0pp44.7%within the sector's middle half▲ 9.6pp
Current ratio0.61below the sector's middle half▼ 0.050.70below the sector's middle half▲ 0.100.70below the sector's middle half=1.01below the sector's middle half▲ 0.310.92below the sector's middle half▼ 0.09
Return on assets (ROA)-0.1%below the sector's middle half▼ 6.9pp2.4%within the sector's middle half▲ 2.5pp1.9%within the sector's middle half▼ 0.5pp14.6%above the sector's middle half▲ 12.7pp5.2%within the sector's middle half▼ 9.4pp
Staff (FTE)1below the sector's middle half=1=1=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €523,299
Fixed assets
€280,006 ▲ 19.5%
Current assets
€243,293 ▼ 31.4%
Equity and liabilities €523,299
Equity
€233,770 ▲ 13.2%
Debt
€289,528 ▼ 24.3%
Debt's share of the balance-sheet total falls from 64.9% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€77,415▼
2024 · €151,176
Cash flow
€39,843▼
2024 · €93,851
Quick ratio
0.57▼
2024 · 0.84
Debt to equity
1.24▼
2024 · 1.85
ROE
11.7%▼
2024 · 41.7%
Interest coverage
3.59▼
2024 · 7.38
Debt ≤ 1 year
€263,103▼
2024 · €350,851
Debt > 1 year
€16,622▼
2024 · €22,827
Income taxes
€16,066▼
2024 · €36,853
Staff costs
€69,604▲
2024 · €65,361
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €283,017 | - | - | - | - | - |
| Non-recurring operating income76A | €559 | €0 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €229,306 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €49,233 | €55,089 | €60,427 | €65,361 | €69,604 | ▲ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,632 | €10,595 | €3,073 | €7,675 | €12,566 | ▲ 63.7% |
| Other operating charges640/8 | €3,840 | €2,994 | €2,780 | €8,245 | €3,883 | ▼ 52.9% |
| Non-recurring operating charges66A | - | - | €4,510 | €0 | - | - |
| Gross operating margin9900 | €85,644 | €120,935 | €100,473 | €224,781 | €150,902 | ▼ 32.9% |
| Operating profit (loss)9901 | €21,939 | €52,257 | €29,682 | €143,500 | €64,849 | ▼ 54.8% |
| Financial income75/76B | - | €6 | €10 | €2 | €39 | ▲ 1,570% |
| Recurring financial income75 | - | €6 | €10 | €2 | €39 | ▲ 1,570% |
| Financial charges65/66B | €11,104 | €32,710 | €17,197 | €20,473 | €21,544 | ▲ 5.2% |
| Recurring financial charges65 | €11,104 | €32,710 | €17,197 | €20,473 | €21,544 | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | €10,835 | €19,553 | €12,495 | €123,030 | €43,343 | ▼ 64.8% |
| Income taxes67/77 | €11,375 | €9,544 | €4,808 | €36,853 | €16,066 | ▼ 56.4% |
| Profit (loss) for the period9904 | -€540 | €10,010 | €7,688 | €86,176 | €27,277 | ▼ 68.3% |
| Profit (loss) for the period to be appropriated9905 | -€540 | €10,010 | €7,688 | €86,176 | €27,277 | ▼ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €385,695 | €415,929 | €400,473 | €589,125 | €523,299 | ▼ 11.2% |
| Fixed assets21/28 | €218,719 | €208,124 | €213,302 | €234,325 | €280,006 | ▲ 19.5% |
| Tangible fixed assets22/27 | €214,484 | €203,889 | €209,067 | €234,325 | €280,006 | ▲ 19.5% |
| Land and buildings22 | €195,015 | €194,778 | €206,248 | €204,812 | €203,613 | ▼ 0.6% |
| Plant, machinery and equipment23 | €2,135 | €1,510 | €885 | €260 | €9,943 | ▲ 3,718% |
| Furniture and vehicles24 | €3,333 | €2,000 | €1,933 | €29,253 | €66,451 | ▲ 127% |
| Leasing and similar rights25 | €14,001 | €5,600 | €0 | - | - | - |
| Financial fixed assets28 | €4,235 | €4,235 | €4,235 | €0 | - | - |
| Current assets29/58 | €166,976 | €207,805 | €187,171 | €354,799 | €243,293 | ▼ 31.4% |
| Stocks and contracts in progress3 | €123,456 | €121,039 | €122,316 | €61,557 | €93,814 | ▲ 52.4% |
| Stocks30/36 | €98,456 | €94,570 | €92,214 | €61,557 | €86,427 | ▲ 40.4% |
| Contracts in progress37 | €25,000 | €26,469 | €30,102 | €0 | €7,387 | - |
| Amounts receivable within one year40/41 | €17,837 | €69,412 | €41,991 | €279,219 | €23,272 | ▼ 91.7% |
| Trade receivables40 | €17,267 | €60,429 | €27,377 | €264,225 | €11,472 | ▼ 95.7% |
| Other amounts receivable41 | €570 | €8,983 | €14,614 | €14,994 | €11,800 | ▼ 21.3% |
| Cash at bank and in hand54/58 | €25,683 | €8,481 | €17,559 | €9,835 | €120,054 | ▲ 1,121% |
| Deferred charges and accrued income490/1 | - | €8,873 | €5,305 | €4,188 | €6,153 | ▲ 46.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €385,695 | €415,929 | €400,473 | €589,125 | €523,299 | ▼ 11.2% |
| Equity10/15 | €102,619 | €112,630 | €120,317 | €206,493 | €233,770 | ▲ 13.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Uncalled capital101 | €12,400 | - | - | - | - | - |
| Reserves13 | €96,959 | €106,430 | €114,117 | €200,293 | €227,570 | ▲ 13.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €8,685 | €8,685 | €8,685 | €8,685 | €8,685 | = |
| Distributable reserves133 | €86,414 | €95,884 | €105,432 | €191,608 | €218,885 | ▲ 14.2% |
| Profit (loss) carried forward14 | -€540 | €0 | - | - | - | - |
| Amounts payable17/49 | €283,076 | €303,300 | €280,156 | €382,631 | €289,528 | ▼ 24.3% |
| Amounts payable after more than one year17 | €7,284 | €0 | - | €22,827 | €16,622 | ▼ 27.2% |
| Financial debts170/4 | €7,284 | €0 | - | €22,827 | €16,622 | ▼ 27.2% |
| Amounts payable within one year42/48 | €275,792 | €296,285 | €266,162 | €350,851 | €263,103 | ▼ 25.0% |
| Current portion of amounts payable after more than one year42 | €8,272 | €7,284 | €0 | €5,966 | €6,205 | ▲ 4.0% |
| Financial debts43 | - | €5,196 | €3,404 | €25,992 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €5,196 | €3,404 | €25,992 | €0 | ▼ 100% |
| Trade debts44 | €7,284 | €20,612 | €22,175 | €78,243 | €28,009 | ▼ 64.2% |
| Suppliers440/4 | €7,284 | €20,612 | €22,175 | €78,243 | €28,009 | ▼ 64.2% |
| Taxes, remuneration and social security45 | €11,120 | €11,327 | €56 | €11,853 | €14,580 | ▲ 23.0% |
| Taxes450/3 | €7,359 | €11,327 | €46 | €11,853 | €14,580 | ▲ 23.0% |
| Remuneration and social security454/9 | €3,761 | €0 | €10 | €0 | - | - |
| Other amounts payable47/48 | €249,116 | €251,866 | €240,527 | €228,798 | €214,309 | ▼ 6.3% |
| Accrued charges and deferred income492/3 | - | €7,015 | €13,994 | €8,953 | €9,803 | ▲ 9.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€540 | €10,010 | €7,688 | €86,176 | €27,277 | ▼ 68.3% |
| + Depreciation and write-downs630 | €10,632 | €10,595 | €3,073 | €7,675 | €12,566 | ▲ 63.7% |
| Operating cash flow (approximation) | €10,092 | €20,605 | €10,761 | €93,851 | €39,843 | ▼ 57.5% |
| Investment in fixed assets (approximation) | - | -€0 | -€8,251 | -€28,699 | -€58,247 | ▼ 103% |
| Change in cash | - | -€17,202 | €9,077 | -€7,724 | €110,218 | ▲ 1,527% |
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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Of 4,094 companies in this sector we hold annual accounts for 1,634. 1,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 09-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €86,176 ▲1,021%
Operating result €143,500, net result €86,176, both a record.
31-12
Financial
Equity above €200,000Eq €206,493 ▲71.6%
3 profitable years in a row build equity to €206,493.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10,010
Net result €10,010 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €103,159 ▲37.7%
2 profitable years in a row build equity to €103,159.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €34,140
Net result €34,140 after one loss-making year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Company details
Private limited company · founded 24-11-2000Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473351189
Also
9925:BE0473351189
Registered
03-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2000
Ground area
1,032 m²
Building footprint
148 m²
Volume, LiDAR
789 m³
Parcel 46017A0386/00L000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN MOER M. CONSTRUCTIES
since 2000unit no. 2.097.703.192
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0386/00L000 | Flanders | 1,032 m² | 1 · 148 m² | 10.1 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.
Go further with this company
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