MR CONSTRUCT
ActiveMR CONSTRUCT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €327k and a net result of €6k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 2924 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-16
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 5.15 against 4.54 in 2023), and 15.4% of the assets are financed with debt.
Credit advice for your own amount and term
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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
34 d early
2022
33 d early
2021
34 d early
2020
30 d early
2019
7 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€327k▲ 1.7%
2023 · €322k
2018: €238k
2019: €231k
2020: €250k
2021: €268k
2022: €306k
2023: €322k
2018 → 2024
Total assets
€387k▲ 0.2%
2023 · €386k
2018: €535k
2019: €405k
2020: €413k
2021: €411k
2022: €391k
2023: €386k
2018 → 2024
Net result
€6k▼ 65.4%
2023 · €16k
2018: €47k
2019: €-15k
2020: €19k
2021: €18k
2022: €37k
2023: €16k
2018 → 2024
Working capital
€122k▲ 9.3%
2023 · €112k
2018: €7k
2019: €-16k
2020: €927
2021: €1k
2022: €91k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€250k-€268k▲ 7.3%€306k▲ 13.9%€322k▲ 5.3%€327k▲ 1.7%
Operating result€25k-€23k▼ 6.2%€58k▲ 147%€25k▼ 56.8%€9k▼ 64.9%
Net result€19k-€18k▼ 5.3%€37k▲ 104%€16k▼ 56.7%€6k▼ 65.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 65% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €387k
Fixed assets
€236k▼ 3.1%
Current assets
€152k▲ 5.8%
Equity and liabilities €387k
Equity
€327k▲ 1.7%
Debt
€60k▼ 7.5%
The debt ratio falls from 16.7% to 15.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€19k▼
2023 · €37k
Cash flow
€16k▼
2023 · €29k
Solvency
84.6%▲
2023 · 83.3%
Current ratio
5.15▲
2023 · 4.54
Quick ratio
5.03▲
2023 · 4.43
Debt / equity
0.18▼
2023 · 0.20
ROE
1.7%▼
2023 · 5.0%
ROA
1.4%▼
2023 · 4.2%
Interest coverage
17.99▼
2023 · 31.70
Debt
€60k▼
2023 · €65k
Debt ≤ 1 year
€29k▼
2023 · €32k
Debt > 1 year
€27k▼
2023 · €32k
Income taxes
€2k▼
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€386k€387k▲
Fixed assets21/28€243k€236k▼
Tangible fixed assets22/27€104k€96k▼
Land and buildings22€94k€88k▼
Plant, machinery and equipment23€303€2k▲
Furniture and vehicles24€10k€6k▼
Financial fixed assets28€139k€140k▲
Current assets29/58€143k€152k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€3k€10k▲
Other amounts receivable41€3k€10k▲
Cash at bank and in hand54/58€136k€137k▲
Deferred charges and accrued income490/1€937€984▲
Equity and liabilities
Total equity and liabilities10/49€386k€387k▲
Equity10/15€322k€327k▲
Contributions10/11€19k€19k=
Reserves13€303k€309k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€292k€297k▲
Amounts payable17/49€65k€60k▼
Amounts payable after more than one year17€32k€27k▼
Financial debts170/4€32k€27k▼
Amounts payable within one year42/48€32k€29k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€549€718▲
Suppliers440/4€549€718▲
Taxes, remuneration and social security45€4k-
Taxes450/3€3k-
Remuneration and social security454/9€500-
Other amounts payable47/48€23k€24k▲
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€186-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€41k€22k▼
Operating profit (loss)9901€25k€9k▼
Financial income75/76B€18€13▼
Recurring financial income75€18€13▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€24k€8k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€16k€6k▼
Profit (loss) for the period to be appropriated9905€16k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€6k▼
Transfer to equity691/2€16k€6k▼
To other reserves6921€16k€6k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 2.92
Current ratio from 1.03 to 2.92.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
31-12
Financial
Weakest financial yearnet €-15k ▼133%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 1994
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.
Dreefstraat 239400 NinoveGround area
1,715 m²
Building footprint
366 m²
Volume, LiDAR
3,388 m³
Parcel 41362B0232/00L002, Flanders · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Dreefstraat 23, 9400 Ninove
since 19942.068.798.380
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0232/00L002 | Flanders | 1,715 m² | 1 · 365 m² | 16.7 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.068.798.380
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JACK'O
BE 0478.519.212
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Jurgen Gaens
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SINGAPORE
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 7,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-09-1994
Fiscal year end31-12
Activities, NACEBEL
45421
56101Full-service restaurants
56111Full-service restaurants
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.