M.C.V. Services
ActiveM.C.V. Services has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €574k and a net result of €43k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 9107 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-63
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 6.91 against 4.35 in 2024), and 13.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
86.6%
Return on assets
6.5%
Age of the figures
9 mo
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 · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
1 d early
2023
21 d early
2022
4 d early
2021
31 d early
2020
31 d late
2019
28 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▼ 73.7%
2024 · €163k
2018: €-10k
2019: €-36k
2020: €64k
2021: €58k
2022: €110k
2023: €85k
2024: €163k
2018 → 2025
Working capital
€512k▲ 5.3%
2024 · €486k
2018: €264k
2019: €203k
2020: €271k
2021: €299k
2022: €350k
2023: €418k
2024: €486k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€334k-€393k▲ 17.9%€438k▲ 11.4%€531k▲ 21.2%€574k▲ 8.1%
Operating result€80k-€137k▲ 72.0%€105k▼ 23.8%€201k▲ 92.3%€57k▼ 71.9%
Net result€58k-€110k▲ 87.4%€85k▼ 22.4%€163k▲ 91.6%€43k▼ 73.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €663k
Fixed assets
€64k▲ 43.0%
Current assets
€599k▼ 5.2%
Equity and liabilities €663k
Equity
€574k▲ 8.1%
Debt
€89k▼ 38.8%
The debt ratio falls from 21.5% to 13.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€74k▼
2024 · €214k
Cash flow
€60k▼
2024 · €176k
Solvency
86.6%▲
2024 · 78.5%
Current ratio
6.91▲
2024 · 4.35
Quick ratio
6.72▲
2024 · 4.23
Debt / equity
0.15▼
2024 · 0.27
ROE
7.5%▼
2024 · 30.7%
ROA
6.5%▼
2024 · 24.1%
Interest coverage
51.33▼
2024 · 166.52
Debt
€89k▼
2024 · €145k
Debt ≤ 1 year
€87k▼
2024 · €145k
Income taxes
€20k▼
2024 · €47k
Staff costs
€175k▲
2024 · €167k
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€676k€663k▼
Fixed assets21/28€45k€64k▲
Tangible fixed assets22/27€41k€60k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€39k€59k▲
Financial fixed assets28€4k€4k=
Current assets29/58€631k€599k▼
Amounts receivable after more than one year29€50k-
Other amounts receivable291€50k-
Stocks and contracts in progress3€17k€16k▼
Stocks30/36€17k€16k▼
Amounts receivable within one year40/41€201k€311k▲
Trade receivables40€113k€127k▲
Other amounts receivable41€87k€184k▲
Cash at bank and in hand54/58€353k€260k▼
Deferred charges and accrued income490/1€10k€12k▲
Equity and liabilities
Total equity and liabilities10/49€676k€663k▼
Equity10/15€531k€574k▲
Contributions10/11€62k€62k=
Revaluation surpluses12€39k€39k=
Reserves13€195k€195k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€180k€180k=
Profit (loss) carried forward14€235k€278k▲
Amounts payable17/49€145k€89k▼
Amounts payable within one year42/48€145k€87k▼
Current portion of amounts payable after more than one year42€34k€54k▲
Trade debts44€11k€23k▲
Suppliers440/4€11k€23k▲
Taxes, remuneration and social security45€29k€1k▼
Taxes450/3€27k€10▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€71k€8k▼
Accrued charges and deferred income492/3€6€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€167k€175k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€9k€2k▼
Gross operating margin9900€398k€251k▼
Operating profit (loss)9901€201k€57k▼
Financial income75/76B€10k€8k▼
Recurring financial income75€10k€8k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€210k€63k▼
Income taxes67/77€47k€20k▼
Profit (loss) for the period9904€163k€43k▼
Profit (loss) for the period to be appropriated9905€163k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€395k€278k▼
Profit (loss) brought forward from the previous period14P€232k€235k▲
Transfer to equity691/2€90k-
To other reserves6921€90k-
Profit to be distributed694/7€70k-
Directors or managers695€70k-
Social balance
Average headcount (FTE)90873.23.0▼
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €163k ▲91.6%
Operating result €201k, net result €163k, both a record.
31-12
Financial
Equity above €500kEq €531k ▲21.2%
5 profitable years in a row build equity to €531k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €64k
Net result €64k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Braine-le-Château · 1 establishment unit since 2012
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.
Parc Industriel(W-B) 101440 Braine-le-ChâteauGround area
2,499 m²
Building footprint
382 m²
Volume, LiDAR
1,862 m³
Parcel 25111A0690/00P007, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.C.V. Services
since 20122.208.850.049
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0690/00P007 | Wallonia | 2,499 m² | 1 · 382 m² | 6.8 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.
Similar companies · same sector, comparable size
TASSIN-BONMARIAGE
BE 0462.337.731
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ENTREPRISE SCHOUTENDE
BE 0465.291.380
Oupeye · Eq €575k
ETABLISSEMENTS VRANCKEN
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POLARSUN
BE 0769.520.103
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A.M.A.
BE 0447.810.002
Kapellen · Eq €575k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,625. 3,820 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2011
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43222Installation of electric heating, air conditioning, cooling and ventilation
41001General construction of residential buildings
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.