MIK&A CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of MIK&A CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show negative equity (€-25k) and a net result of €-33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27386 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
0
/ 100
Critical▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+31
Solvency33▼-9
Growth55=
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.97 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-166.3%
Return on assets
-222.4%
Age of the figures
8 mo
raises risk · 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 →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€25k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
18 d late
2023
31 d early
2022
5 d early
2021
44 d early
2020
23 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€342k▼ 5.4%
2024 · €361k
2020: €138k
2021: €202k
2022: €351k
2023: €441k
2024: €361k
2020 → 2025
EBIT margin
-9.3%▼ 5.4pp
2024 · -3.9%
2020: -6.6%
2021: -4.2%
2022: 4.1%
2023: 2.1%
2024: -3.9%
2020 → 2025
Net result
€-33k▼ 124%
2024 · €-15k
2020: €-9k
2021: €-9k
2022: €14k
2023: €8k
2024: €-15k
2020 → 2025
Working capital
€-29k▼ 4,724%
2024 · €-591
2020: €9k
2021: €-2k
2022: €10k
2023: €13k
2024: €-591
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€202k-€351k▲ 73.6%€441k▲ 25.6%€361k▼ 18.1%€342k▼ 5.4%
Equity€4k-€18k▲ 365%€23k▲ 25.7%€8k▼ 63.8%€-25k
Operating result€-8k-€14k€9k▼ 37.1%€-14k€-32k▼ 123%
Net result€-9k-€14k€8k▼ 42.1%€-15k€-33k▼ 124%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32k in 2025 against €14k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€5k▼ 39.8%
Current assets
€9k▼ 54.8%
Key figures and ratios
EBITDA
€-28k▼
2024 · €-11k
Cash flow
€-29k▼
2024 · €-11k
Solvency
-166.3%▼
2024 · 27.9%
Current ratio
0.25▼
2024 · 0.97
Quick ratio
0.25▼
2024 · 0.97
Debt / equity
-1.60▼
2024 · 2.59
ROE
133.7%▲
2024 · -176.5%
ROA
-222.4%▼
2024 · -49.2%
Interest coverage
-28.42▼
2024 · -26.81
Debt
€39k▲
2024 · €21k
Debt ≤ 1 year
€38k▲
2024 · €21k
Debt > 1 year
€1k
Staff costs
€79k▲
2024 · €36k
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€30k€15k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€367-
Financial fixed assets28€400€400=
Current assets29/58€21k€9k▼
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€3k€3k=
Other amounts receivable41€9k€6k▼
Cash at bank and in hand54/58€8k-
Equity and liabilities
Total equity and liabilities10/49€30k€15k▼
Equity10/15€8k€-25k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€8k€-25k▼
Amounts payable17/49€21k€39k▲
Amounts payable after more than one year17-€1k
Financial debts170/4-€1k
Amounts payable within one year42/48€21k€38k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€9k€16k▲
Suppliers440/4€9k€16k▲
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€8k€5k▼
Remuneration and social security454/9€4k€8k▲
Other amounts payable47/48-€1k
Income statement
Code20242025
Turnover70€361k€342k▼
Goods, raw materials, services and sundry goods60/61€323k€288k▼
Remuneration, social security and pensions62€36k€79k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€678€298▼
Non-recurring operating charges66A€12k€3k▼
Gross operating margin9900€38k€54k▲
Operating profit (loss)9901€-14k€-32k▼
Financial income75/76B€68€0▼
Recurring financial income75€68€0▼
Financial charges65/66B€403€995▲
Recurring financial charges65€403€995▲
Profit (loss) for the period before taxes9903€-15k€-33k▼
Profit (loss) for the period9904€-15k€-33k▼
Profit (loss) for the period to be appropriated9905€-15k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-25k▼
Profit (loss) brought forward from the previous period14P€22k€8k▼
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.74
Current ratio from 0.81 to 1.74.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2018
Michael Derome
Not recently confirmedManager · since 22-11-2018
Roseta Albanese
Not recently confirmedManager · since 22-11-2018
22-11-2018
Michael Derome: Appointed as Manager
22-11-2018
Roseta Albanese: Appointed as Manager
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2017
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.
Rue Jean Friot 126044 CharleroiGround area
803 m²
Building footprint
150 m²
Volume, LiDAR
1,227 m³
2 parcels, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mik&A Construct
since 20172.265.597.326
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52061A0153/00Z021 | Wallonia | 516 m² | 1 · 94 m² | 9.9 m · 3 fl. |
| 52061A0153/00N005 | Wallonia | 287 m² | 1 · 56 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
VIKEO CONSTRUCT
BE 1012.780.166
Anderlecht · Eq €8k
Transport Travaux Nix Olivier
BE 0768.984.128
Blégny · Eq €8k
ASA DAKWERK
BE 1009.055.465
Turnhout · Eq €8k
VFPerfect
BE 0811.922.365
Lasne · Eq €8k
ANTWERP COMPANY
BE 0731.916.963
Etterbeek · Eq €8k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 8,412 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mik-aconstruct@proximus.be
Phone:0498/70.64.39