MST CONSTRUCT
0555.909.770 · rovalta.com · 21/09/2026
ACTIVE
MST CONSTRUCT
Financial year 2024 · closed on 31/12/2024
Net result
27,8 k €
+2012.0% YoY
Gross margin
33,6 k €
+26882.9% YoY
Equity
52,0 k €
+114.7% YoY
Overview
What does MST CONSTRUCT do?
MST CONSTRUCT is a Private limited company incorporated in 2014. Its main activity is: Construction of buildings. Its registered office is in Beringen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0555.909.770
Incorporation
10/07/2014
Legal form
Private limited company
Registered office
Heerbaan 181 box A
3582 Beringen · FlandreSee on map
3582 Beringen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 10 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||
| Gross margin | 33,6 k € | +26883% | 124,7 € | -90.0% | 1,2 k € | -87.8% | 10,3 k € | 0,0 € | +100% | -15,9 k € | -129% | -7,0 k € | -119% | 36,8 k € | +80.1% | 20,5 k € | -27.4% | 28,2 k € | |
| EBITDA | 33,0 k € | +26384% | 124,7 € | -90.0% | 1,2 k € | -87.8% | 10,3 k € | 0,0 € | +100% | -16,2 k € | -120% | -7,4 k € | -133% | 22,5 k € | +466% | 4,0 k € | +96.3% | 2,0 k € | |
| Operating result | 33,0 k € | +26384% | 124,7 € | -90.0% | 1,2 k € | -87.8% | 10,3 k € | 0,0 € | +100% | -16,2 k € | -120% | -7,4 k € | -133% | 22,5 k € | +965% | 2,1 k € | +389% | -731,0 € | |
| Net result | 27,8 k € | +2012% | 1,3 k € | +5.5% | 1,2 k € | -88.7% | 11,0 k € | +1220% | 834,5 € | +105% | -16,2 k € | -120% | -7,4 k € | -152% | 14,3 k € | +987% | 1,3 k € | +268% | -783,0 € |
| Balance sheet | |||||||||||||||||||
| Equity | 52,0 k € | +115% | 24,2 k € | +5.7% | 22,9 k € | +5.8% | 21,7 k € | +103% | 10,7 k € | +8.5% | 9,8 k € | -62.3% | 26,1 k € | -22.1% | 33,5 k € | +397% | 6,7 k € | +24.3% | 5,4 k € |
| Total assets | 62,2 k € | +157% | 24,2 k € | +5.7% | 22,9 k € | +1.5% | 22,6 k € | +112% | 10,7 k € | +8.5% | 9,8 k € | -76.1% | 41,1 k € | -17.8% | 50,0 k € | +212% | 16,0 k € | -49.3% | 31,7 k € |
| Cash | 0,7 € | -99.9% | 655,4 € | – | – | – | 629,0 € | -44.2% | 1,1 k € | +2300% | 47,0 € | -97.0% | 1,6 k € | -15.9% | 1,9 k € | ||||
| Debts | 10,2 k € | – | – | 900,0 € | – | – | 15,1 k € | -8.4% | 16,4 k € | +76.5% | 9,3 k € | -30.4% | 13,4 k € | ||||||
| Other | |||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 1,0 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 4 ended
Active mandates
NUH KOCAK
ActiveSTEFAN MITKOV
ActiveEnded mandates
Gönül Akbulut
EndedRecep Akbulut
EndedRECEP AKBULUT
EndedSTEFAN MITKOV
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 15/10/2025 | 25/08/2024 | 19/05/2023 | 08/10/2022 | 30/08/2021 | 27/12/2020 |
| General meeting | 05/05/2025 | 06/05/2024 | 08/05/2023 | 06/06/2022 | 07/06/2021 | 29/06/2020 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
10 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 05/05/2025 | 15/10/2025 | Dutch | |
| Micro model | 31/12/2023 | 06/05/2024 | 25/08/2024 | Dutch | |
| Micro model | 31/12/2022 | 08/05/2023 | 19/05/2023 | Dutch | |
| Micro model | 31/12/2021 | 06/06/2022 | 08/10/2022 | Dutch | |
| Micro model | 31/12/2020 | 07/06/2021 | 30/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 29/06/2020 | 27/12/2020 | Dutch | |
| Micro model | 31/12/2018 | 20/06/2019 | 30/12/2019 | Dutch | |
| Micro model | 31/12/2017 | 21/06/2018 | 21/11/2018 | Dutch | |
| Micro model | 31/12/2016 | 15/06/2017 | 15/11/2017 | Dutch | |
| Abridged model | 31/12/2015 | 16/06/2016 | 02/12/2016 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 4 ended
Active mandates
NUH KOCAK
ActiveSTEFAN MITKOV
ActiveEnded mandates
Gönül Akbulut
EndedRecep Akbulut
EndedRECEP AKBULUT
EndedSTEFAN MITKOV
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202427,8 k €↑
- 2023Annual accounts 20231,3 k €↑
- 2023Name changeMST CONSTRUCT
- 2022Annual accounts 20221,2 k €↓
- 2021Annual accounts 202111,0 k €↑
- 2021Name changeIRMAK23
- 2020Annual accounts 2020834,5 €↑
- 2019Annual accounts 2019-16,2 k €↓
- 2018Annual accounts 2018-7,4 k €↓
- 2017Annual accounts 201714,3 k €↑
- 2016Annual accounts 20161,3 k €↑
- 2015Annual accounts 2015-783,0 €
- 10/07/2014IncorporationPrivate limited company