M.V.C.
ActiveSummary
M.V.C. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348,348 and a net result of €28,230. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 53% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83=
Solvency88▼-1
Growth50▲+18
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 5.84 against 7.92 in 2024; short-term debt: 10.6% and cash: 48.3% of total assets), and 36.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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
63.1%
Return on assets
5.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-04-2026, 107 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
107 d early
2024
62 d early
2023
70 d early
2022
61 d early
2021
25 d early
2020
2 d late
2019
60 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 May (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 company by total assets in Hemiksem, Telecoms and IT sector#2 company by equity in Hemiksem, Telecoms and IT sector#2 oldest company in Hemiksem, Telecoms and IT sector
Turnover
€149,563▲ 0.7%
2024 · €148,510
EBIT margin
29.1%▲ 2.8pp
2024 · 26.3%
Net result
€28,230▲ 12.6%
2024 · €25,063
Working capital
€282,659▼ 9.1%
2024 · €310,861
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€148,510€149,563▲ 0.7%
Operating result€48,531▲ 34.5%€49,366▲ 1.7%€52,278▲ 5.9%€39,070▼ 25.3%€43,562▲ 11.5%
Net result€29,531within the sector's middle half▲ 23.9%€34,450within the sector's middle half▲ 16.7%€21,478within the sector's middle half▼ 37.7%€25,063within the sector's middle half▲ 16.7%€28,230within the sector's middle half▲ 12.6%
EBIT margin26.3%29.1%▲ 2.8pp
Equity€307,548above the sector's middle half▲ 10.6%€341,998above the sector's middle half▲ 11.2%€363,476above the sector's middle half▲ 6.3%€388,539above the sector's middle half▲ 6.9%€348,348above the sector's middle half▼ 10.3%
Total assets€508,592above the sector's middle half▲ 3.1%€531,417above the sector's middle half▲ 4.5%€597,481above the sector's middle half▲ 12.4%€604,162above the sector's middle half▲ 1.1%€552,406above the sector's middle half▼ 8.6%
Debt€201,044▼ 6.6%€189,419▼ 5.8%€234,005▲ 23.5%€215,623▼ 7.9%€204,058▼ 5.4%
Working capital€135,948above the sector's middle half▲ 12.9%€209,726above the sector's middle half▲ 54.3%€271,765above the sector's middle half▲ 29.6%€310,861above the sector's middle half▲ 14.4%€282,659above the sector's middle half▼ 9.1%
Solvency60.5%within the sector's middle half▲ 4.1pp64.4%within the sector's middle half▲ 3.9pp60.8%within the sector's middle half▼ 3.5pp64.3%within the sector's middle half▲ 3.5pp63.1%within the sector's middle half▼ 1.3pp
Current ratio5.94above the sector's middle half▲ 0.528.78above the sector's middle half▲ 2.847.79above the sector's middle half▼ 0.997.92above the sector's middle half▲ 0.135.84above the sector's middle half▼ 2.08
Return on assets (ROA)5.8%within the sector's middle half▲ 1.0pp6.5%within the sector's middle half▲ 0.7pp3.6%below the sector's middle half▼ 2.9pp4.1%below the sector's middle half▲ 0.6pp5.1%within the sector's middle half▲ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
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 recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €552,406
Fixed assets
€211,386 ▼ 14.9%
Current assets
€341,020 ▼ 4.1%
Equity and liabilities €552,406
Equity
€348,348 ▼ 10.3%
Debt
€204,058 ▼ 5.4%
Debt's share of the balance-sheet total rises from 35.7% to 36.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€80,567▲
2024 · €76,269
Cash flow
€65,235▲
2024 · €62,262
Debt to equity
0.59▲
2024 · 0.55
ROE
8.1%▲
2024 · 6.5%
Interest coverage
13.18▲
2024 · 12.48
Debt ≤ 1 year
€58,361▲
2024 · €44,910
Debt > 1 year
€145,697▼
2024 · €170,713
Income taxes
€11,551▲
2024 · €9,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €148,510 | €149,563 | ▲ 0.7% |
| Non-recurring operating income76A | - | - | €3,169 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €78,196 | €75,975 | €71,789 | ▼ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,818 | €23,039 | €29,907 | €37,199 | €37,005 | ▼ 0.5% |
| Other operating charges640/8 | €2,438 | €2,482 | €2,344 | €2,301 | €2,504 | ▲ 8.8% |
| Gross operating margin9900 | €72,787 | €74,887 | €84,529 | €78,570 | €83,071 | ▲ 5.7% |
| Operating profit (loss)9901 | €48,531 | €49,366 | €52,278 | €39,070 | €43,562 | ▲ 11.5% |
| Financial income75/76B | - | - | €3 | €1,538 | €2,332 | ▲ 51.6% |
| Recurring financial income75 | - | - | €3 | €1,538 | €2,332 | ▲ 51.6% |
| Financial charges65/66B | €5,099 | €4,527 | €13,635 | €6,110 | €6,113 | = |
| Recurring financial charges65 | €5,099 | €4,527 | €5,441 | €6,110 | €6,113 | = |
| Non-recurring financial charges66B | - | - | €8,194 | - | - | - |
| Profit (loss) for the period before taxes9903 | €43,432 | €44,839 | €38,646 | €34,498 | €39,781 | ▲ 15.3% |
| Income taxes67/77 | €13,901 | €10,389 | €17,168 | €9,435 | €11,551 | ▲ 22.4% |
| Profit (loss) for the period9904 | €29,531 | €34,450 | €21,478 | €25,063 | €28,230 | ▲ 12.6% |
| Profit (loss) for the period to be appropriated9905 | €29,531 | €34,450 | €21,478 | €25,063 | €28,230 | ▲ 12.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €508,592 | €531,417 | €597,481 | €604,162 | €552,406 | ▼ 8.6% |
| Fixed assets21/28 | €345,146 | €294,739 | €285,679 | €248,391 | €211,386 | ▼ 14.9% |
| Tangible fixed assets22/27 | €261,952 | €241,545 | €285,679 | €248,391 | €211,386 | ▼ 14.9% |
| Land and buildings22 | €251,679 | €231,372 | €211,065 | €190,757 | €170,450 | ▼ 10.6% |
| Plant, machinery and equipment23 | €9,188 | €9,631 | €15,505 | €11,659 | €8,115 | ▼ 30.4% |
| Furniture and vehicles24 | €1,085 | €542 | €59,109 | €45,975 | €32,821 | ▼ 28.6% |
| Financial fixed assets28 | €83,194 | €53,194 | - | - | - | - |
| Current assets29/58 | €163,446 | €236,678 | €311,802 | €355,771 | €341,020 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €31,706 | €41,910 | €32,335 | €35,488 | €35,308 | ▼ 0.5% |
| Trade receivables40 | €28,748 | €39,497 | €30,918 | €31,524 | €33,171 | ▲ 5.2% |
| Other amounts receivable41 | €2,958 | €2,413 | €1,417 | €3,964 | €2,137 | ▼ 46.1% |
| Cash at bank and in hand54/58 | €80,714 | €142,286 | €236,783 | €280,926 | €266,625 | ▼ 5.1% |
| Deferred charges and accrued income490/1 | €51,026 | €52,482 | €42,684 | €39,357 | €39,087 | ▼ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €508,592 | €531,417 | €597,481 | €604,162 | €552,406 | ▼ 8.6% |
| Equity10/15 | €307,548 | €341,998 | €363,476 | €388,539 | €348,348 | ▼ 10.3% |
| Reserves13 | €375,472 | €409,922 | €431,400 | €456,463 | €416,272 | ▼ 8.8% |
| Distributable reserves133 | €375,472 | €409,922 | €431,400 | €456,463 | €416,272 | ▼ 8.8% |
| Profit (loss) carried forward14 | -€67,924 | -€67,924 | -€67,924 | -€67,924 | -€67,924 | = |
| Amounts payable17/49 | €201,044 | €189,419 | €234,005 | €215,623 | €204,058 | ▼ 5.4% |
| Amounts payable after more than one year17 | €173,546 | €162,467 | €193,968 | €170,713 | €145,697 | ▼ 14.7% |
| Financial debts170/4 | €173,546 | €162,467 | €193,968 | €170,713 | €145,697 | ▼ 14.7% |
| Amounts payable within one year42/48 | €27,498 | €26,952 | €40,037 | €44,910 | €58,361 | ▲ 30.0% |
| Current portion of amounts payable after more than one year42 | €12,854 | €12,077 | €23,867 | €24,023 | €25,269 | ▲ 5.2% |
| Trade debts44 | €4,239 | €3,701 | €3,820 | €4,703 | €9,934 | ▲ 111% |
| Suppliers440/4 | €4,239 | €3,701 | €3,820 | €4,703 | €9,934 | ▲ 111% |
| Taxes, remuneration and social security45 | €10,405 | €11,174 | €7,950 | €7,830 | €8,337 | ▲ 6.5% |
| Taxes450/3 | €10,405 | €11,174 | €7,950 | €7,830 | €8,337 | ▲ 6.5% |
| Other amounts payable47/48 | - | - | €4,400 | €8,354 | €14,821 | ▲ 77.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,531 | €34,450 | €21,478 | €25,063 | €28,230 | ▲ 12.6% |
| + Depreciation and write-downs630 | €21,818 | €23,039 | €29,907 | €37,199 | €37,005 | ▼ 0.5% |
| Operating cash flow (approximation) | €51,349 | €57,489 | €51,385 | €62,262 | €65,235 | ▲ 4.8% |
| Investment in fixed assets (approximation) | - | €27,368 | -€20,847 | €89 | €0 | ▼ 100% |
| Change in cash | - | €61,572 | €94,497 | €44,143 | -€14,301 | ▼ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €21,478 ▼37.7%
Net result drops to €21,478, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €34,450 ▲16.7%
Net result €34,450, the highest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
01-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 15 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Hemiksem · 1 establishment unit since 2002
Ground area
1,182 m²
Building footprint
708 m²
Volume, LiDAR
4,122 m³
2 parcels, Flanders · tallest building 11.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bella Madera
since 20022.338.159.462
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038A0344/00R003 | Flanders | 778 m² | 1 · 556 m² | 11.4 m · 1 fl. |
| 11018A0051/00R000 | Flanders | 403 m² | 1 · 152 m² | 11.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 30,008 companies in sector 62200 we hold annual accounts for 18,398. 13,325 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
Phone
+32475462518Schelle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476410748
Also
9925:BE0476410748
Registered
21-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.