M-CONSTRUCTION
0832.887.431 · rovalta.com · 23/09/2026
ACTIVE
M-CONSTRUCTION
Financial year 2025 · closed on 30/09/2025
Net result
-73,5 €
+91.3% YoY
Equity
104,2 k €
-0.1% YoY
Overview
What does M-CONSTRUCTION do?
M-CONSTRUCTION is a Private limited company incorporated in 2011. Its main activity is: Development of building projects. Its registered office is in Ninove.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0832.887.431
Incorporation
18/01/2011
Legal form
Private limited company
Registered office
Oudstrijdersplein 15
9400 Ninove · FlandreSee on map
9400 Ninove · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Activities (NACE)
Signals
Solid equityLow risk
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 14 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||
| Gross margin | – | -774,2 € | -101% | 131,8 k € | +55.1% | 85 k € | +306% | -41,3 k € | -155% | 74,5 k € | +1262% | 5,5 k € | -79.8% | 27 k € | +199% | 9 k € | +358% | -3,5 k € | -99.1% | -1,8 k € | -107% | 26,8 k € | -20.6% | 33,7 k € | +81.2% | 18,6 k € | |
| EBITDA | – | -774,2 € | -101% | 128,3 k € | +53.8% | 83,4 k € | +291% | -43,8 k € | -163% | 69,3 k € | +6324% | -1,1 k € | -105% | 23,5 k € | +447% | 4,3 k € | +201% | -4,3 k € | -68.1% | -2,5 k € | -110% | 26 k € | -19.7% | 32,4 k € | +84.6% | 17,5 k € | |
| Operating result | – | -774,2 € | -101% | 128,3 k € | +53.8% | 83,4 k € | +225% | -66,8 k € | -245% | 46,2 k € | +291% | -24,1 k € | -5201% | 473,3 € | +110% | -4,6 k € | -3.6% | -4,5 k € | -63.1% | -2,7 k € | -111% | 25,8 k € | -19.8% | 32,2 k € | +85.6% | 17,3 k € | |
| Net result | -73,5 € | +91.3% | -843,2 € | -101% | 95 k € | +14.4% | 83 k € | +223% | -67,5 k € | -272% | 39,2 k € | +234% | -29,2 k € | -2623% | -1,1 k € | +95.1% | -21,6 k € | -1.3% | -21,4 k € | -70.6% | -12,5 k € | -210% | 11,4 k € | -40.4% | 19,1 k € | +323% | 4,5 k € |
| Balance sheet | |||||||||||||||||||||||||||
| Equity | 104,2 k € | -0.1% | 104,3 k € | -0.8% | 105,1 k € | +940% | 10,1 k € | +114% | -72,9 k € | -1248% | -5,4 k € | +87.9% | -44,6 k € | -189% | -15,5 k € | -7.4% | -14,4 k € | -299% | 7,2 k € | -74.7% | 28,6 k € | -30.4% | 41,1 k € | +38.1% | 29,8 k € | +178% | 10,7 k € |
| Total assets | 104,2 k € | -0.1% | 104,3 k € | -8.1% | 113,5 k € | -82.1% | 633,6 k € | -9.6% | 700,6 k € | -36.0% | 1,1 M € | -25.9% | 1,5 M € | +19.3% | 1,2 M € | -0.0% | 1,2 M € | +93.2% | 640,8 k € | +98.5% | 322,8 k € | -10.2% | 359,3 k € | -17.6% | 436,1 k € | +894% | 43,9 k € |
| Cash | 88,1 € | -45.5% | 161,6 € | -99.9% | 113 k € | -31.2% | 164,3 k € | +4660% | 3,5 k € | -94.1% | 59 k € | +240% | 17,3 k € | +121% | 7,8 k € | -98.2% | 445,1 k € | +1929% | 21,9 k € | +12153% | 179 € | -99.6% | 47,8 k € | -5.8% | 50,8 k € | +116% | 23,5 k € |
| Debts | – | – | 8,4 k € | -98.7% | 623,5 k € | -19.2% | 771,8 k € | -29.8% | 1,1 M € | -27.7% | 1,5 M € | +21.4% | 1,3 M € | +0.0% | 1,3 M € | +97.6% | 633,6 k € | +115% | 294,2 k € | -7.5% | 318,2 k € | -21.7% | 406,3 k € | +1125% | 33,2 k € | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 5 ended
Active mandates
Ghislain Lecocq
ActivePeter Maesenaere
ActiveEnded mandates
Karel Maesenaere
EndedKarel Maesenaere
EndedKarel Maesenaere
EndedPeter Maesenaere
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
GDG Construct● Active | 0728.549.380 |
Immo LWD● Active | 0713.777.864 |
L-Projects● Active | 0763.379.013 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/04/2026 | 30/04/2025 | 30/04/2024 | 30/05/2023 | 02/05/2022 | 30/04/2021 |
| General meeting | 31/03/2026 | 07/03/2025 | 01/03/2024 | 03/03/2023 | 04/03/2022 | 05/03/2021 |
| 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
14 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 31/03/2026 | 29/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 07/03/2025 | 30/04/2025 | Dutch | |
| Abridged model | 30/09/2023 | 01/03/2024 | 30/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 03/03/2023 | 30/05/2023 | Dutch | |
| Abridged model | 30/09/2021 | 04/03/2022 | 02/05/2022 | Dutch | |
| Abridged model | 30/09/2020 | 05/03/2021 | 30/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 06/03/2020 | 30/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 01/03/2019 | 30/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 02/03/2018 | 29/05/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 30/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 04/03/2016 | 25/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 06/03/2015 | 31/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 04/04/2014 | 28/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 01/03/2013 | 19/04/2013 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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 30/09/2025 · 2 active · 5 ended
Active mandates
Ghislain Lecocq
ActivePeter Maesenaere
ActiveEnded mandates
Karel Maesenaere
EndedKarel Maesenaere
EndedKarel Maesenaere
EndedPeter Maesenaere
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates09/03/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Registered office13/10/2022MAATSCHAPPELIJKE ZETEL
- Other28/01/2011RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-73,5 €↑
- 2024Annual accounts 2024-843,2 €↓
- 2023Annual accounts 202395 k €↑
- 2022Annual accounts 202283 k €↑
- 2021Annual accounts 2021-67,5 k €↓
- 2020Annual accounts 202039,2 k €↑
- 2019Annual accounts 2019-29,2 k €↓
- 2018Annual accounts 2018-1,1 k €↑
- 2017Annual accounts 2017-21,6 k €↓
- 2016Annual accounts 2016-21,4 k €↓
- 2015Annual accounts 2015-12,5 k €↓
- 2014Annual accounts 201411,4 k €↓
- 2013Annual accounts 201319,1 k €↑
- 2012Annual accounts 20124,5 k €
- 18/01/2011IncorporationPrivate limited company