MAC CONSTRUCTS

Active

Private limited companyfounded 20214 yrs activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0779.321.259

Summary

The computed 12-month bankruptcy probability of MAC CONSTRUCTS is 4.5% (elevated). The 2025 annual accounts show negative equity (€-29k) and a net result of €-113k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7453 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

24 / 100

Critical

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

Axes · tick = 2024

Profitability0▼-64

Solvency0▼-87

Growth55▼-30

Track record94

Bankruptcy probability, 12 months

4.5% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.3 against 2.34 in 2024; short-term debt: 312.1% and cash: 54.7% of total assets), and equity is negative.

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

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 2025

Solvency, return and age of the figures

Solvency

-221.9%

Return on assets

-855%

Age of the figures

9 mo

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

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-29k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

13 d late

2024

26 d late

2023

23 d late

2022

7 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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

24-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Turnover

€556k▼ 7.3%

2023 · €600k

2022: €317k 2023: €600k

2022 → 2024

EBIT margin

2.7%▼ 12.6pp

2023 · 15.2%

2022: -2.0% 2023: 15.2%

2022 → 2024

Net result

€-113k

2024 · €10k

2022: €-6k 2023: €75k 2024: €10k

2022 → 2025

Working capital

€-29k

2024 · €70k

2022: €-26k 2023: €54k 2024: €70k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Turnover€317k-€600k▲ 89.5%€556k▼ 7.3%

Equity€-1k-€73k€84k▲ 14.2%€-29k

Operating result€-6k-€91k€15k▼ 83.9%€-84k

Net result€-6k-€75k€10k▼ 86.1%€-113k

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €84k after €15k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €13k

94.3%

Fixed assets €759 ▼ 94.6%

Current assets €12k ▼ 89.8%

Key figures and ratios

2025 value · change against 2024

Solvency

-221.9%▼

2024 · 61.7%

Current ratio

0.30▼

2024 · 2.34

Debt to equity

-1.45▼

2024 · 0.62

ROA

-855.0%▼

2024 · 7.7%

Debt

€43k▼

2024 · €52k

Debt ≤ 1 year

€41k▼

2024 · €52k

Income taxes

€906▼

2024 · €4k

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 · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€136k€13k▼

Fixed assets21/28€14k€759▼

Tangible fixed assets22/27€14k-

Plant, machinery and equipment23€2k-

Furniture and vehicles24€12k-

Financial fixed assets28-€759

Current assets29/58€122k€12k▼

Stocks and contracts in progress3€28k-

Stocks30/36€28k-

Amounts receivable within one year40/41€79k€693▼

Trade receivables40€66k-

Other amounts receivable41€14k€693▼

Cash at bank and in hand54/58€14k€7k▼

Deferred charges and accrued income490/1€0€5k▲

Equity and liabilities

Total equity and liabilities10/49€136k€13k▼

Equity10/15€84k€-29k▼

Contributions10/11€5k€5k=

Profit (loss) carried forward14€79k€-34k▼

Amounts payable17/49€52k€43k▼

Amounts payable within one year42/48€52k€41k▼

Trade debts44€0-

Suppliers440/4€0-

Taxes, remuneration and social security45€23k€41k▲

Taxes450/3€23k€41k▲

Remuneration and social security454/9€0-

Other amounts payable47/48€29k-

Accrued charges and deferred income492/3-€1k

Income statement Code20242025

Turnover70€556k-

Goods, raw materials, services and sundry goods60/61€546k-

Remuneration, social security and pensions62€0-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-

Other operating charges640/8€601€14k▲

Non-recurring operating charges66A-€14k

Gross operating margin9900€22k€-56k▼

Operating profit (loss)9901€15k€-84k▼

Financial income75/76B€127€0▼

Recurring financial income75€127€0▼

Financial charges65/66B€246€28k▲

Recurring financial charges65€246€28k▲

Profit (loss) for the period before taxes9903€15k€-112k▼

Income taxes67/77€4k€906▼

Profit (loss) for the period9904€10k€-113k▼

Profit (loss) for the period to be appropriated9905€10k€-113k▼

Appropriation of the result

Profit (loss) to be appropriated9906€79k€-34k▼

Profit (loss) brought forward from the previous period14P€68k€79k▲

The notes to these accounts (7 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 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 13 days late

2025

31-12

Financial Weakest financial yearnet €-113k ▼1188%

Net result drops to €-113k, the lowest in the series.

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

23-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 23 days late

2023

31-12

Financial Back to profitnet €75k

Net result €75k after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 2.09

Current ratio from 0.57 to 2.09; short-term debt falls from €59k to €50k.

07-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 7 days late

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, Kraainem · 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.

Steenweg op Mechelen 4551950 Kraainem

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.

1 establishment unit

MAC CONSTRUCTS

Steenweg op Mechelen 455, 1950 KraainemRepair and maintenance of fabricated metal products

since 20222.325.480.077

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

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.

Similar companies · same sector, comparable size

BGU

BE 0833.637.004

Sombreffe · Eq €83,777

CONFORT - CASA

BE 0829.232.214

Sint-Genesius-Rode · Eq €83,849

BENALUX CONSTRUCTION

BE 0756.892.285

Neufchâteau · Eq €83,704

Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-12-2021

Fiscal year end31-12

Activities, NACEBEL 2025

41001General construction of residential buildings

41002Construction of residential and non-residential buildings

41003General construction of other non-residential buildings

43410Roofing work

47811Retail sale of cars and light vans (up to 3.5 tonnes)

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

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