ACTIVE

MCSA CONSTRUCTIONS

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Financial year 2025 · closed on 31/12/2025
Net result
-3,3 k €
-1121.0% YoY
Gross margin
-2 k €
-26.3% YoY
Equity
-1 k €
-144.9% YoY

What does MCSA CONSTRUCTIONS do?

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· main42911Construction of water projects43120Site preparation43120Site preparation43240Electrical, plumbing and other construction installation activities43299Other construction installation+4
View the BCE/KBO Public Search record →
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin-2 k €-1,6 k €-9,8 k €-4,9 k €15,6 k €-23,4 k €5 k €12 k €8,2 k €–24,7 k €32,2 k €31,4 k €14,3 k €
EBITDA-3,2 k €-1,9 k €-10,2 k €-5,7 k €15,1 k €-24,8 k €4,2 k €11,1 k €7,5 k €31,7 k €23,8 k €31 k €30,4 k €13,5 k €
Operating result-3,3 k €-1,9 k €-10,2 k €-5,7 k €15,1 k €-24,8 k €4,2 k €10,2 k €-584,9 €18 k €7,7 k €11,6 k €11,9 k €4,5 k €
Net result-3,3 k €323,4 €-50,4 k €-5,9 k €15,2 k €-25,1 k €-491,7 €10,1 k €-734,5 €13,4 k €6,1 k €8,3 k €8,5 k €3 k €
Balance sheet
Equity-1 k €2,3 k €2 k €52,4 k €58,2 k €43 k €68,1 k €68,6 k €58,5 k €59,3 k €45,8 k €39,7 k €31,5 k €23 k €
Total assets10 k €2,3 k €12,6 k €70,5 k €63,3 k €53,4 k €85,1 k €91,4 k €70,4 k €70,1 k €110,6 k €107,7 k €101 k €42,6 k €
Cash1,8 k €2,3 k €588,1 €51,9 k €37,2 k €40,8 k €44,5 k €22,8 k €9,3 k €55,5 k €6 k €14,4 k €25,7 k €8 k €
Debts11 k €22,7 €10,6 k €18,1 k €5,1 k €10,4 k €17 k €22,8 k €5,9 k €10,8 k €58,8 k €62 k €63,5 k €14,1 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 23 ended

Active mandates

Ayar Selcuk

Director

Active

Ended mandates

Sorin HORJE

Director · since 01 janvier 2018

Ended
Sorin HORJE

Manager · since 01 janvier 2018

Ended
Musa SOYDEMIR

Manager · since 01 juillet 2015 · until 31 décembre 2017

Ended
Musa SOYDEMIR

Manager · since 01 juillet 2015

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/08/202603/07/202525/07/202407/07/202311/07/202228/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202614/08/2026DutchPDF
Micro model31/12/202413/06/202503/07/2025DutchPDF
Micro model31/12/202314/06/202425/07/2024DutchPDF
Micro model31/12/202209/06/202307/07/2023DutchPDF
Micro model31/12/202110/06/202211/07/2022DutchPDF
Micro model31/12/202030/06/202128/07/2021DutchPDF
Micro model31/12/201931/07/202009/11/2020DutchPDF
Micro model31/12/201814/06/201929/08/2019DutchPDF
Micro model31/12/201708/06/201811/09/2018DutchPDF
Full model31/12/201609/06/201729/06/2017DutchPDF
Abridged model31/12/201510/06/201613/06/2016DutchPDF
Abridged model31/12/201412/06/201524/08/2015DutchPDF
Abridged model31/12/201313/06/201427/06/2014DutchPDF
Abridged model31/12/201214/06/201321/06/2013DutchPDF
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 31/12/2025 · 1 active · 23 ended

Active mandates

Ayar Selcuk

Director

Active

Ended mandates

Sorin HORJE

Director · since 01 janvier 2018

Ended
Sorin HORJE

Manager · since 01 janvier 2018

Ended
Musa SOYDEMIR

Manager · since 01 juillet 2015 · until 31 décembre 2017

Ended
Musa SOYDEMIR

Manager · since 01 juillet 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/02/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2017
    ONTSLAGEN - BENOEMINGEN
    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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3,3 k €↓
  2. 2024
    Annual accounts 2024323,4 €↑
  3. 2023
    Annual accounts 2023-50,4 k €↓
  4. 2022
    Annual accounts 2022-5,9 k €↓
  5. 2021
    Annual accounts 202115,2 k €↑
  6. 2020
    Annual accounts 2020-25,1 k €↓
  7. 2019
    Annual accounts 2019-491,7 €↓
  8. 2018
    Annual accounts 201810,1 k €↑
  9. 2017
    Annual accounts 2017-734,5 €↓
  10. 2016
    Annual accounts 201613,4 k €↑
  11. 2015
    Annual accounts 20156,1 k €↓
  12. 2014
    Annual accounts 20148,3 k €↓
  13. 2013
    Annual accounts 20138,5 k €↑
  14. 2012
    Annual accounts 20123 k €
  15. 19/01/2012
    IncorporationPrivate company with limited liability