ACTIVE

MCSA CONSTRUCTIONS

Financial year 2025 · Closed on 31/12/2025

Net result-3,3 k €-1 121,0 %over 1 year

Gross margin-2 k €-26,3 %over 1 year

Equity-1 k €-144,9 %over 1 year

Identity

Source · BCE/KBO

MCSA CONSTRUCTIONS is a Private company with limited liability incorporated in 2012. Its main activity is: Construction of water projects. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0843.065.996
Incorporation: 19/01/2012
Legal form: Private company with limited liability
Registered office: Helmstraat 10
2140 Antwerpen · FlandreSee on map
Contributed capital: 20 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

42911Construction of water projects· main 42911Construction of water projects 43120Site preparation 43120Site preparation 43240Electrical, plumbing and other construction installation activities 43299Other construction installation+4

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-2 k €	-26.3%	-1,6 k €	+83.8%	-9,8 k €	-98.0%	-4,9 k €	-132%	15,6 k €
EBITDA	-3,2 k €	-64.8%	-1,9 k €	+80.9%	-10,2 k €	-78.2%	-5,7 k €	-138%	15,1 k €
Operating result	-3,3 k €	-68.3%	-1,9 k €	+80.9%	-10,2 k €	-78.2%	-5,7 k €	-138%	15,1 k €
Net result	-3,3 k €	-1121%	323,4 €	+101%	-50,4 k €	-759%	-5,9 k €	-139%	15,2 k €
Balance sheet
Equity	-1 k €	-145%	2,3 k €	+16.5%	2 k €	-96.3%	52,4 k €	-10.1%	58,2 k €
Total assets	10 k €	+333%	2,3 k €	-81.7%	12,6 k €	-82.2%	70,5 k €	+11.3%	63,3 k €
Cash	1,8 k €	-23.1%	2,3 k €	+291%	588,1 €	-98.9%	51,9 k €	+39.6%	37,2 k €
Debts	11 k €	+48296%	22,7 €	-99.8%	10,6 k €	-41.5%	18,1 k €	+255%	5,1 k €

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ayar Selcuk	DirectorMandate2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sorin HORJE	Director01/01/2018 → 2022 accountsManager01/01/2018 → 2018 accounts
Musa SOYDEMIR	Manager01/07/2015 → 31/12/2017

Other companies at this address

Helmstraat 10 2140 Antwerpen

Company	CBE no.
CASCADE INVESTMENTS● Active	0882.999.809
Cassimo● Active	0412.007.696
CONSENSUS● Active	0476.757.077
CYS-CONSULTING● Active	0697.705.162
Decotek Constructions And Investments● Active	0672.768.838
EMEK● Active	0819.972.177
EURONET TRADING & INVESTMENTS● Active	0472.489.275
GREENCAST● Active	0830.552.107
HSK Consulting● Active	0782.361.814
ISTIKLAL● Bankrupt	0537.898.157
LGS Projects● Active	0707.759.510
M&G● Active	1035.104.915
MIDOX● Active	0474.751.355
MUM Groep● Active	1024.089.079
O&GBISS● Active	0892.876.981
Probuild & Associés● Active	0812.129.530
SCHOOFS INVEST● Active	0550.806.976

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/08/2026	03/07/2025	25/07/2024	07/07/2023	11/07/2022	28/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	14/08/2026	Dutch	PDF
Micro model	31/12/2024	13/06/2025	03/07/2025	Dutch	PDF
Micro model	31/12/2023	14/06/2024	25/07/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Micro model	31/12/2019	31/07/2020	09/11/2020	Dutch	PDF
Micro model	31/12/2018	14/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	11/09/2018	Dutch	PDF
Full model	31/12/2016	09/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	21/06/2013	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ayar Selcuk	DirectorMandate2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sorin HORJE	Director01/01/2018 → 2022 accountsManager01/01/2018 → 2018 accounts
Musa SOYDEMIR	Manager01/07/2015 → 31/12/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/02/2025
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2017
Ontslag zaakvoerder
PDF
Mandates18/04/2017
Ontslag zaakvoerder
PDF
Mandates09/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2012
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Ayar Selcuk

Sorin HORJE

Musa SOYDEMIR

Florinel SIMION

Viorel-Mircea ANTON

Viorel-Dan MAXIM

Marcel-Adrian BUNGAU

Cristian-Dan CHIS

Alin-Nicolae MAN

Ionut DASCALU

201220132014201520162017201820192020202120222023202420252026

MCSA CONSTRUCTIONS

Helmstraat 10, 2140 Borgerhout (Antwerp)

Director

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Helmstraat 10, 2140 Borgerhout (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00397965

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MCSA CONSTRUCTIONSCurrent	accounts 2012 → 2025	Accounts 2025 · 2026-00397965

Events

2025
Annual accounts 2025-3,3 k €↓
2024
Annual accounts 2024323,4 €↑
2023
Annual accounts 2023-50,4 k €↓
2022
Annual accounts 2022-5,9 k €↓
2021
Annual accounts 202115,2 k €↑
2020
Annual accounts 2020-25,1 k €↓
2019
Annual accounts 2019-491,7 €↓
2018
Annual accounts 201810,1 k €↑
2017
Annual accounts 2017-734,5 €↓
2016
Annual accounts 201613,4 k €↑
2015
Annual accounts 20156,1 k €↓
2014
Annual accounts 20148,3 k €↓
2013
Annual accounts 20138,5 k €↑
2012
Annual accounts 20123 k €
19/01/2012
IncorporationPrivate company with limited liability

MCSA CONSTRUCTIONS

Overview

Identity

Financials

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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events