GROOTHANDEL MAVECO
ActiveGROOTHANDEL MAVECO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €23k. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-1
Solvency43▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 0.98 in 2024; short-term debt: 51.7% and cash: 5.5% of total assets), but 81.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.1%
Return on assets
5.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7993 sector peers (2025).
NBB · sector comparisonPosition among 7993 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
47 d early
2023
27 d early
2022
43 d early
2021
3 d early
2020
24 d early
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€74k▲ 45.3%
2024 · €51k
2019: €14k
2020: €15k
2021: €18k
2022: €19k
2023: €28k
2024: €51k
2019 → 2025
Total assets
€408k▼ 0.6%
2024 · €411k
2019: €509k
2020: €499k
2021: €467k
2022: €445k
2023: €401k
2024: €411k
2019 → 2025
Net result
€23k▼ 0.5%
2024 · €23k
2019: €604
2020: €591
2021: €3k
2022: €1k
2023: €9k
2024: €23k
2019 → 2025
Working capital
€112k
2024 · €-6k
2019: €-20k
2020: €-25k
2021: €-38k
2022: €-34k
2023: €-36k
2024: €-6k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€19k▲ 6.3%€28k▲ 45.6%€51k▲ 83.6%€74k▲ 45.3%
Operating result€18k-€18k▼ 3.9%€31k▲ 75.3%€56k▲ 82.7%€56k▼ 0.6%
Net result€3k-€1k▼ 65.0%€9k▲ 665%€23k▲ 167%€23k▼ 0.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408k
Fixed assets
€85k▲ 39.3%
Current assets
€323k▼ 7.5%
Equity and liabilities €408k
Equity
€74k▲ 45.3%
Debt
€334k▼ 7.1%
The debt ratio falls from 87.6% to 81.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2024 · €68k
Cash flow
€37k▲
2024 · €35k
Solvency
18.1%▲
2024 · 12.4%
Current ratio
1.53▲
2024 · 0.98
Quick ratio
0.79▲
2024 · 0.56
Debt / equity
4.52▼
2024 · 7.07
ROE
31.2%▼
2024 · 45.5%
ROA
5.6%▲
2024 · 5.6%
Interest coverage
3.28▼
2024 · 3.35
Debt
€334k▼
2024 · €360k
Debt ≤ 1 year
€211k▼
2024 · €356k
Debt > 1 year
€117k
Income taxes
€12k▼
2024 · €13k
Staff costs
€40k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€411k€408k▼
Fixed assets21/28€61k€85k▲
Tangible fixed assets22/27€61k€85k▲
Land and buildings22€46k€73k▲
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€6k€5k▼
Current assets29/58€350k€323k▼
Stocks and contracts in progress3€152k€158k▲
Stocks30/36€152k€158k▲
Amounts receivable within one year40/41€147k€142k▼
Trade receivables40€147k€141k▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€50k€23k▼
Deferred charges and accrued income490/1€480€1k▲
Equity and liabilities
Total equity and liabilities10/49€411k€408k▼
Equity10/15€51k€74k▲
Contributions10/11€19k€19k=
Reserves13€47k€55k▲
Tax-exempt reserves132€6k€6k=
Distributable reserves133€40k€49k▲
Profit (loss) carried forward14€-14k-
Amounts payable17/49€360k€334k▼
Amounts payable after more than one year17-€117k
Financial debts170/4-€117k
Amounts payable within one year42/48€356k€211k▼
Current portion of amounts payable after more than one year42-€5k
Financial debts43€180k€91k▼
Credit institutions430/8€180k€91k▼
Trade debts44€80k€87k▲
Suppliers440/4€80k€87k▲
Taxes, remuneration and social security45€38k€28k▼
Taxes450/3€34k€22k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€57k-
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€40k€40k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k▲
Other operating charges640/8€7k€8k▲
Gross operating margin9900€115k€117k▲
Operating profit (loss)9901€56k€56k▼
Financial income75/76B-€212
Recurring financial income75-€212
Financial charges65/66B€20k€21k▲
Recurring financial charges65€20k€21k▲
Profit (loss) for the period before taxes9903€36k€35k▼
Income taxes67/77€13k€12k▼
Profit (loss) for the period9904€23k€23k▼
Profit (loss) for the period to be appropriated9905€23k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€9k▲
Profit (loss) brought forward from the previous period14P€-38k€-14k▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
Social balance
Average headcount (FTE)90870.81.0▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €23k ▲167%
Operating result €56k, net result €23k, both a record.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €591 ▼2.2%
Net result drops to €591, the lowest in the series; recovery starts the following year.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
14-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidslaan 15733660 OudsbergenGround area
2,633 m²
Building footprint
1,143 m²
Volume, LiDAR
5,412 m³
Parcel 71562B0908/00T006, Flanders · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROOTHANDEL MAVECO
since 19942.067.077.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0908/00T006 | Flanders | 2,633 m² | 1 · 1,143 m² | 5.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 471 companies in sector 46442 we hold annual accounts for 334. 198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-1994
Fiscal year end30-06
Activities, NACEBEL
46421Wholesale trade
46442Wholesale trade
51442
46412Wholesale of household textiles and bedding
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
51410
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.