MK Construct
ActiveSummary
The computed 12-month bankruptcy probability of MK Construct is 1.6% (moderate). The 2025 annual accounts show equity of €14k and a net result of €13k. Its solvency ranks better than 25% of 27965 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability97
Solvency48
Growth-
Track record67
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.29; short-term debt: 76.7% and cash: 6.7% of total assets), and 76.7% of the assets are financed with debt.
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Signals
Five 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 →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
23.3%
Return on assets
22.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 25%
← weakest
strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€14k
Total assets
€59k
Net result
€13k
Working capital
€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €59k
Fixed assets
€555
Current assets
€58k
Equity and liabilities €59k
Equity
€14k
Debt
€45k
Debt finances 76.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k
Cash flow
€13k
Current ratio
1.29
Debt to equity
3.30
ROE
96.2%
ROA
22.4%
Interest coverage
356.22
Debt ≤ 1 year
€45k
Income taxes
€3k
Staff costs
€34k
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet
Code2025
Assets
Total assets20/58€59k
Fixed assets21/28€555
Tangible fixed assets22/27€555
Furniture and vehicles24€555
Current assets29/58€58k
Amounts receivable within one year40/41€54k
Trade receivables40€45k
Other amounts receivable41€9k
Cash at bank and in hand54/58€4k
Equity and liabilities
Total equity and liabilities10/49€59k
Equity10/15€14k
Contributions10/11€520
Reserves13€13k
Distributable reserves133€13k
Amounts payable17/49€45k
Amounts payable within one year42/48€45k
Trade debts44€35k
Suppliers440/4€35k
Advances received on contracts in progress46€7k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Income statement
Code2025
Remuneration, social security and pensions62€34k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56
Other operating charges640/8€72
Gross operating margin9900€50k
Operating profit (loss)9901€16k
Financial charges65/66B€46
Recurring financial charges65€46
Profit (loss) for the period before taxes9903€16k
Income taxes67/77€3k
Profit (loss) for the period9904€13k
Profit (loss) for the period to be appropriated9905€13k
Appropriation of the result
Profit (loss) to be appropriated9906€13k
Transfer to equity691/2€13k
To other reserves6921€13k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €34k |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56 |
| Other operating charges640/8 | €72 |
| Gross operating margin9900 | €50k |
| Operating profit (loss)9901 | €16k |
| Financial charges65/66B | €46 |
| Recurring financial charges65 | €46 |
| Profit (loss) for the period before taxes9903 | €16k |
| Income taxes67/77 | €3k |
| Profit (loss) for the period9904 | €13k |
| Profit (loss) for the period to be appropriated9905 | €13k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €59k | |
| Fixed assets21/28 | €555 | |
| Tangible fixed assets22/27 | €555 | |
| Furniture and vehicles24 | €555 | |
| Current assets29/58 | €58k | |
| Amounts receivable within one year40/41 | €54k | |
| Trade receivables40 | €45k | |
| Other amounts receivable41 | €9k | |
| Cash at bank and in hand54/58 | €4k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €59k | |
| Equity10/15 | €14k | |
| Contributions10/11 | €520 | |
| Reserves13 | €13k | |
| Distributable reserves133 | €13k | |
| Amounts payable17/49 | €45k | |
| Amounts payable within one year42/48 | €45k | |
| Trade debts44 | €35k | |
| Suppliers440/4 | €35k | |
| Advances received on contracts in progress46 | €7k | |
| Taxes, remuneration and social security45 | €3k | |
| Taxes450/3 | €3k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €13k |
| + Depreciation and write-downs630 | €56 |
| Operating cash flow (approximation) | €13k |
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
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2025
Ground area
104 m²
Building footprint
90 m²
Volume, LiDAR
1,352 m³
Parcel 11806F1210/00Z011, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
MK Construct
since 20252.373.531.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1210/00Z011 | Flanders | 104 m² | 1 · 90 m² | 17.6 m · 5 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.
Similar companies · same sector, comparable size
NASCA COMPANY
BE 0798.848.448
Sint-Pieters-Leeuw · Eq €13,617
GJ Construct
BE 0816.849.668
Puurs-Sint-Amands · Eq €13,606
IGL CONSTRUCT
BE 0701.735.909
Gent · Eq €13,585
MAZ
BE 1006.813.874
Bonheiden · Eq €13,683
MARCOLINI
BE 0431.874.385
Charleroi · Eq €13,547
Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 4,647 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.