OPENING OF BANKRUPTCY

MBF CONSTRUCT

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Financial year 2023 · closed on 31/12/2023

Net result

-137,8 k €

-412.7% YoY

Gross margin

-98,6 k €

-282.4% YoY

Equity

119,5 €

-99.9% YoY

Company — Opening of bankruptcy.

What does MBF CONSTRUCT do?

MBF CONSTRUCT is a Private company with limited liability incorporated in 1985. Its main activity is: Construction of buildings. Its registered office is in Ixelles.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0428.131.274

Incorporation

21/11/1985

Legal form

Private company with limited liability

Registered office

Avenue Louise 54
1050 Ixelles · BruxellesSee on map

Contributed capital

64 500,00 €

Latest accounts

31/12/2023

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 43310Plastering 43310Plastering+6

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-98,6 k €	-282%	54,1 k €	-24.8%	71,9 k €	+14.9%	62,6 k €	-24.8%	83,2 k €	+12.5%	73,9 k €	+17.2%	63,1 k €	+8.6%	58,1 k €	-15.1%	68,4 k €	+32.0%	51,8 k €	-19.5%	64,3 k €	-34.3%	98 k €	+65.2%	59,3 k €	+9.8%	54 k €	-29.7%	76,8 k €	+1.9%	75,4 k €	+34.4%	56,1 k €
EBITDA	-101,2 k €	-293%	52,3 k €	-25.2%	70 k €	+228%	21,4 k €	-50.7%	43,3 k €	+24.8%	34,7 k €	+31.8%	26,3 k €	+30.0%	20,2 k €	-32.9%	30,2 k €	+133%	12,9 k €	-51.5%	26,7 k €	-58.0%	63,5 k €	+183%	22,4 k €	-53.8%	48,5 k €	-35.5%	75,2 k €	+5.6%	71,2 k €	+33.1%	53,5 k €
Operating result	-128,4 k €	-375%	46,7 k €	-10.5%	52,2 k €	+2393%	2,1 k €	-83.3%	12,6 k €	+467%	2,2 k €	-3.7%	2,3 k €	+174%	-3,1 k €	-201%	3,1 k €	+221%	-2,6 k €	-122%	11,9 k €	-67.0%	35,9 k €	+714%	-5,8 k €	-126%	22,2 k €	-51.2%	45,4 k €	+7.1%	42,4 k €	+37.4%	30,9 k €
Net result	-137,8 k €	-413%	44,1 k €	-6.8%	47,2 k €	+4642%	-1 k €	-111%	9,8 k €	+749%	-1,5 k €	-692%	255,7 €	-47.8%	490 €	-59.0%	1,2 k €	+144%	-2,7 k €	-133%	8,1 k €	-65.4%	23,3 k €	+477%	-6,2 k €	-155%	11,3 k €	-59.6%	27,9 k €	-5.6%	29,6 k €	+10.7%	26,7 k €
Balance sheet
Equity	119,5 €	-99.9%	137,9 k €	+1.5%	135,8 k €	+12.6%	120,6 k €	-0.9%	121,6 k €	+0.7%	120,8 k €	-1.2%	122,3 k €	+0.2%	122,1 k €	+0.4%	121,6 k €	+1.0%	120,4 k €	-5.1%	126,8 k €	+3.3%	122,8 k €	+18.7%	103,4 k €	-5.6%	109,6 k €	+0.3%	109,3 k €	+28.0%	85,4 k €	-5.7%	90,6 k €
Total assets	119,5 €	-99.9%	220 k €	-7.3%	237,3 k €	+37.1%	173,1 k €	+3.6%	167 k €	-5.5%	176,8 k €	+21.1%	145,9 k €	-14.3%	170,3 k €	-20.3%	213,7 k €	+35.4%	157,8 k €	-10.5%	176,3 k €	+11.1%	158,7 k €	+0.6%	157,8 k €	+1.3%	155,8 k €	-13.2%	179,6 k €	-3.7%	186,6 k €	+33.0%	140,3 k €
Cash	119,5 €	-99.0%	12,4 k €	-65.2%	35,5 k €	+13.9%	31,2 k €	+92.3%	16,2 k €	+39.2%	11,6 k €	+20.0%	9,7 k €	-53.6%	20,9 k €	+27.7%	16,4 k €	-60.8%	41,8 k €	+75.8%	23,8 k €	+239%	7 k €	-51.8%	14,6 k €	-9.8%	16,2 k €	-58.6%	39,1 k €	+82.1%	21,5 k €	+16.4%	18,4 k €
Debts	–		82,1 k €	-10.0%	91,2 k €	+97.0%	46,3 k €	+2.0%	45,4 k €	-18.9%	55,9 k €	+137%	23,6 k €	-44.9%	42,9 k €	-48.0%	82,5 k €	+153%	32,6 k €	-14.6%	38,2 k €	+48.3%	25,8 k €	-40.6%	43,4 k €	+14.8%	37,8 k €	-40.3%	63,3 k €	-36.1%	99 k €	+147%	40,1 k €
Other
Workforce	–		–		–		–		–		–		–		0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active

Active mandates

MARGUERITE SPIESSENS

Manager

Active

At this address

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Annual accounts

Full financial information

	2023	2022	2021	2019	2018	2017
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/09/2025	07/09/2023	30/08/2022	17/11/2020	01/08/2019	30/08/2018
General meeting	30/06/2025	30/06/2023	30/06/2022	30/06/2020	29/06/2019	30/06/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	30/06/2025	03/09/2025	Dutch	PDF
Micro model	31/12/2022	30/06/2023	07/09/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2019	30/06/2020	17/11/2020	Dutch	PDF
Micro model	31/12/2018	29/06/2019	01/08/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	30/08/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	13/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	11/07/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 1 active

Active mandates

MARGUERITE SPIESSENS

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 2023-137,8 k €↓
2023
Name changeMBF CONSTRUCT
2022
Annual accounts 202244,1 k €↓
2021
Annual accounts 202147,2 k €↑
2021
Name changeTANDHEELKUNDIG KABINET SPIESSENS
2019
Annual accounts 2019-1 k €↓
2018
Annual accounts 20189,8 k €↑
2017
Annual accounts 2017-1,5 k €↓
2016
Annual accounts 2016255,7 €↓
2015
Annual accounts 2015490 €↓
2014
Annual accounts 20141,2 k €↑
2013
Annual accounts 2013-2,7 k €↓
2012
Annual accounts 20128,1 k €↓
2011
Annual accounts 201123,3 k €↑
2010
Annual accounts 2010-6,2 k €↓
2009
Annual accounts 200911,3 k €↓
2008
Annual accounts 200827,9 k €↓
2007
Annual accounts 200729,6 k €↑
2006
Annual accounts 200626,7 k €
21/11/1985
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MBF CONSTRUCT

Overview

What does MBF CONSTRUCT do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline