2MConstructions
Open bankruptcyA bankruptcy procedure is open for 2MConstructions according to publications in the Belgian State Gazette; curator: CHRISTOPHE GEUKENS.
Summary
The 2023 annual accounts show negative equity (€-7k) and a net result of €4k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 11-07-2024, 20 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
20 d early
2022
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-7k▲ 38.8%
2022 · €-11k
2022: €-11k
2023: €-7k▲ +38.8% vs 2022
2022 → 2023
Total assets
€51k▲ 23.3%
2022 · €42k
2022: €42k
2023: €51k▲ +23.3% vs 2022
2022 → 2023
Net result
€4k
2022 · €-14k
2022: €-14k
2023: €4k▲ +130% vs 2022
2022 → 2023
Working capital
€-17k▲ 24.5%
2022 · €-23k
2022: €-23k
2023: €-17k▲ +24.5% vs 2022
2022 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023Trend
Equity€-11k-€-7k▲ 38.8%
2022: €-11k
2023: €-7k▲ +38.8% vs 2022
Operating result€-13k-€5k
2022: €-13k
2023: €5k▲ +141% vs 2022
Net result€-14k-€4k
2022: €-14k
2023: €4k▲ +130% vs 2022
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 2023: €5k after a loss of €13k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €51k
Fixed assets
€10k ▼ 11.1%
Current assets
€41k ▲ 36.7%
Key figures and ratios
EBITDA
€8k▲
2022 · €-11k
Cash flow
€6k▲
2022 · €-11k
Solvency
-13.1%▲
2022 · -26.4%
Current ratio
0.71▲
2022 · 0.57
Quick ratio
0.44▼
2022 · 0.57
Debt to equity
-8.64▼
2022 · -4.79
ROA
8.3%▲
2022 · -33.6%
Interest coverage
6.35▲
2022 · -8.79
Debt
€58k▲
2022 · €53k
Debt ≤ 1 year
€58k▲
2022 · €53k
Staff costs
€0▼
2022 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet
Code20222023
Assets
Total assets20/58€42k€51k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€8k€4k▼
Plant, machinery and equipment23€1k€872▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€4k€6k▲
Current assets29/58€30k€41k▲
Stocks and contracts in progress3-€15k
Stocks30/36-€15k
Amounts receivable within one year40/41€28k€23k▼
Trade receivables40€25k€23k▼
Other amounts receivable41€3k€15▼
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€42k€51k▲
Equity10/15€-11k€-7k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-14k€-10k▲
Amounts payable17/49€53k€58k▲
Amounts payable within one year42/48€53k€58k▲
Financial debts43€2k€0▼
Credit institutions430/8€2k€0▼
Trade debts44€26k€37k▲
Suppliers440/4€26k€37k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3-€7k
Remuneration and social security454/9€10k€1k▼
Other amounts payable47/48€15k€13k▼
Income statement
Code20222023
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€17k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€10k€11k▲
Operating profit (loss)9901€-13k€5k▲
Financial income75/76B€643€1▼
Recurring financial income75€643€1▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-14k€4k▲
Profit (loss) for the period9904€-14k€4k▲
Profit (loss) for the period to be appropriated9905€-14k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-10k▲
Profit (loss) brought forward from the previous period14P-€-14k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - |
| Remuneration, social security and pensions62 | €17k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | ▼ 10.6% |
| Other operating charges640/8 | €3k | €1k | ▼ 59.2% |
| Non-recurring operating charges66A | - | €2k | - |
| Gross operating margin9900 | €10k | €11k | ▲ 12.3% |
| Operating profit (loss)9901 | €-13k | €5k | ▲ 141% |
| Financial income75/76B | €643 | €1 | ▼ 99.9% |
| Recurring financial income75 | €643 | €1 | ▼ 99.9% |
| Financial charges65/66B | €1k | €1k | ▼ 2.0% |
| Recurring financial charges65 | €1k | €1k | ▼ 2.0% |
| Profit (loss) for the period before taxes9903 | €-14k | €4k | ▲ 130% |
| Profit (loss) for the period9904 | €-14k | €4k | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €4k | ▲ 130% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €42k | €51k | ▲ 23.3% |
| Fixed assets21/28 | €12k | €10k | ▼ 11.1% |
| Tangible fixed assets22/27 | €8k | €4k | ▼ 45.8% |
| Plant, machinery and equipment23 | €1k | €872 | ▼ 29.8% |
| Furniture and vehicles24 | €7k | €3k | ▼ 48.8% |
| Financial fixed assets28 | €4k | €6k | ▲ 66.7% |
| Current assets29/58 | €30k | €41k | ▲ 36.7% |
| Stocks and contracts in progress3 | - | €15k | - |
| Stocks30/36 | - | €15k | - |
| Amounts receivable within one year40/41 | €28k | €23k | ▼ 17.9% |
| Trade receivables40 | €25k | €23k | ▼ 6.9% |
| Other amounts receivable41 | €3k | €15 | ▼ 99.6% |
| Cash at bank and in hand54/58 | - | €2k | - |
| Deferred charges and accrued income490/1 | €2k | €1k | ▼ 44.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €42k | €51k | ▲ 23.3% |
| Equity10/15 | €-11k | €-7k | ▲ 38.8% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €-14k | €-10k | ▲ 30.5% |
| Amounts payable17/49 | €53k | €58k | ▲ 10.3% |
| Amounts payable within one year42/48 | €53k | €58k | ▲ 10.3% |
| Financial debts43 | €2k | €0 | ▼ 100% |
| Credit institutions430/8 | €2k | €0 | ▼ 100% |
| Trade debts44 | €26k | €37k | ▲ 45.3% |
| Suppliers440/4 | €26k | €37k | ▲ 45.3% |
| Taxes, remuneration and social security45 | €10k | €8k | ▼ 22.2% |
| Taxes450/3 | - | €7k | - |
| Remuneration and social security454/9 | €10k | €1k | ▼ 86.1% |
| Other amounts payable47/48 | €15k | €13k | ▼ 13.6% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €4k | ▲ 130% |
| + Depreciation and write-downs630 | €2k | €2k | ▼ 10.6% |
| Operating cash flow (approximation) | €-11k | €6k | ▲ 157% |
| Investment in fixed assets (approximation) | - | €-937 | - |
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
2025
22-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 15-04-2025
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Dessel · 1 establishment unit since 2021
Ground area
678 m²
Building footprint
213 m²
Volume, LiDAR
1,046 m³
Parcel 13006B0353/00E009, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
2MConstructions
since 20212.315.374.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006B0353/00E009 | Flanders | 678 m² | 1 · 213 m² | 7.7 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 | CHRISTOPHE GEUKENS LINDESTRAAT 2, 2490 BALEN- |
15-04-2025 → present |
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INTERFUTURE
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43341Painting of buildings
43343Specialised construction activities
43990Other specialised construction activities
Contact
E-mail
info@2MConstructions.com
Scores and ratios are computed by Checked and are not a credit decision.