M.A.V. Direct
ActiveM.A.V. Direct has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306k and a net result of €-15k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-70
Solvency100=
Growth44▼-13
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 12.58 against 15.04 in 2024), and 7.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
95 d late
2023
62 d late
2022
121 d late
2021
164 d late
2020
19 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€132k▲ 13.2%
2024 · €116k
2019: €151k
2020: €90k
2021: €129k
2022: €129k
2023: €129k
2024: €116k
2019 → 2025
EBIT margin
-10.6%▼ 26.6pp
2024 · 16.0%
2019: 14.8%
2020: 8.0%
2021: 9.0%
2022: 14.5%
2023: 16.7%
2024: 16.0%
2019 → 2025
Net result
€-15k
2024 · €26k
2019: €22k
2020: €21k
2021: €21k
2022: €12k
2023: €23k
2024: €26k
2019 → 2025
Working capital
€301k▼ 6.3%
2024 · €321k
2019: €223k
2020: €239k
2021: €259k
2022: €272k
2023: €295k
2024: €321k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€129k-€129k▲ 0.5%€129k▼ 0.5%€116k▼ 9.5%€132k▲ 13.2%
Equity€266k-€278k▲ 4.6%€301k▲ 8.1%€327k▲ 8.7%€306k▼ 6.2%
Operating result€12k-€19k▲ 62.8%€22k▲ 14.6%€19k▼ 13.6%€-14k
Net result€21k-€12k▼ 41.4%€23k▲ 84.5%€26k▲ 15.9%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €19k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332k
Fixed assets
€5k=
Current assets
€327k▼ 5.0%
Equity and liabilities €332k
Equity
€306k▼ 6.2%
Debt
€26k▲ 13.6%
The debt ratio rises from 6.5% to 7.8%: debt grows while equity shrinks.
Key figures and ratios
Solvency
92.2%▼
2024 · 93.5%
Current ratio
12.58▼
2024 · 15.04
Quick ratio
12.58▼
2024 · 15.04
Debt / equity
0.08▲
2024 · 0.07
ROE
-5.0%▼
2024 · 8.0%
ROA
-4.6%▼
2024 · 7.5%
Debt
€26k▲
2024 · €23k
Debt ≤ 1 year
€26k▲
2024 · €23k
Income taxes
€857▼
2024 · €11k
Staff costs
€75k▲
2024 · €37k
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€350k€332k▼
Fixed assets21/28€5k€5k=
Financial fixed assets28€5k€5k=
Current assets29/58€344k€327k▼
Amounts receivable within one year40/41€336k€312k▼
Trade receivables40€18k€20k▲
Other amounts receivable41€318k€292k▼
Cash at bank and in hand54/58€9k€15k▲
Equity and liabilities
Total equity and liabilities10/49€350k€332k▼
Equity10/15€327k€306k▼
Contributions10/11€6k€6k=
Reserves13€37k€32k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€35k€30k▼
Profit (loss) carried forward14€284k€268k▼
Amounts payable17/49€23k€26k▲
Amounts payable within one year42/48€23k€26k▲
Current portion of amounts payable after more than one year42-€5k
Trade debts44€1k€483▼
Suppliers440/4€1k€483▼
Taxes, remuneration and social security45€21k€21k▼
Taxes450/3€21k€14k▼
Remuneration and social security454/9-€7k
Income statement
Code20242025
Turnover70€116k€132k▲
Non-recurring operating income76A-€31
Goods, raw materials, services and sundry goods60/61€62k€72k▲
Remuneration, social security and pensions62€37k€75k▲
Other operating charges640/8€346€751▲
Gross operating margin9900€56k€61k▲
Operating profit (loss)9901€19k€-14k▼
Financial income75/76B€19k€1▼
Recurring financial income75€19k€1▼
Financial charges65/66B€317€546▲
Recurring financial charges65€317€546▲
Profit (loss) for the period before taxes9903€37k€-15k▼
Income taxes67/77€11k€857▼
Profit (loss) for the period9904€26k€-15k▼
Profit (loss) for the period to be appropriated9905€26k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€294k€268k▼
Profit (loss) brought forward from the previous period14P€267k€284k▲
Transfer to equity691/2€10k-
To the legal reserve6920€10k-
The notes to these accounts (4 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
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €-15k ▼159%
Net result drops to €-15k, the lowest in the series.
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
31-12
Financial
Highest result since 2019net €26k ▲15.9%
Net result €26k, the highest in the series.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 164 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 23.55
Current ratio from 9.54 to 23.55; short-term debt falls from €28k to €11k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 436 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Schaarbeek · 1 establishment unit since 1997
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.
Vergotesquare 411030 SchaarbeekGround area
594 m²
Building footprint
294 m²
Volume, LiDAR
3,782 m³
2 parcels, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Georges Henrilaan 498, 1200 Sint-Lambrechts-Woluwe
since 19972.079.921.411
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0142/00V002 | Brussels | 469 m² | 1 · 232 m² | 17.8 m · 5 fl. |
| 21673D0158/00L009 | Brussels | 126 m² | 1 · 63 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 37,900 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-1996
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
74131
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.