M.V-TRANS
ActiveThe computed 12-month bankruptcy probability of M.V-TRANS is 3.4% (moderate). The 2025 annual accounts show equity of €22k and a net result of €-13k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 4488 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-75
Solvency35▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.07 in 2024; short-term debt: 30.8% and cash: 13.8% of total assets), and 90.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.6%
Return on assets
-5.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4488 sector peers (2025).
NBB · sector comparisonPosition among 4488 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 7 filingsDeviation from the deadline
2025
21 d late
2024
10 d early
2023
29 d late
2022
13 d early
2021
24 d early
2020
3 d late
2019
59 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 37.1%
2024 · €36k
2019: €15k
2020: €23k
2021: €42k
2022: €50k
2023: €37k
2024: €36k
2019 → 2025
Total assets
€235k▲ 21.3%
2024 · €193k
2019: €120k
2020: €112k
2021: €112k
2022: €114k
2023: €189k
2024: €193k
2019 → 2025
Net result
€-13k
2024 · €49k
2019: €14k
2020: €9k
2021: €19k
2022: €8k
2023: €14k
2024: €49k
2019 → 2025
Working capital
€2k▼ 81.0%
2024 · €8k
2019: €-5k
2020: €987
2021: €16k
2022: €21k
2023: €2k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€50k▲ 19.2%€37k▼ 26.2%€36k▼ 3.6%€22k▼ 37.1%
Operating result€26k-€11k▼ 59.2%€24k▲ 124%€67k▲ 177%€-8k
Net result€19k-€8k▼ 56.5%€14k▲ 77.7%€49k▲ 239%€-13k
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 €8k after €67k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€161k▲ 154%
Current assets
€74k▼ 43.2%
Equity and liabilities €235k
Equity
€22k▼ 37.1%
Debt
€212k▲ 34.5%
The debt ratio rises from 81.6% to 90.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €106k
Cash flow
€2k▼
2024 · €87k
Solvency
9.6%▼
2024 · 18.4%
Current ratio
1.02▼
2024 · 1.07
Quick ratio
1.02▼
2024 · 1.07
Debt / equity
9.46▲
2024 · 4.43
ROE
-58.9%▼
2024 · 136.6%
ROA
-5.6%▼
2024 · 25.2%
Interest coverage
1.65▼
2024 · 22.12
Debt
€212k▲
2024 · €158k
Debt ≤ 1 year
€72k▼
2024 · €122k
Debt > 1 year
€140k▲
2024 · €36k
Income taxes
€1k▼
2024 · €15k
Staff costs
€20k▼
2024 · €51k
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€193k€235k▲
Fixed assets21/28€63k€161k▲
Tangible fixed assets22/27€61k€161k▲
Furniture and vehicles24€237€161k▲
Leasing and similar rights25€61k-
Financial fixed assets28€2k-
Current assets29/58€130k€74k▼
Amounts receivable within one year40/41€103k€38k▼
Trade receivables40€70k€38k▼
Other amounts receivable41€32k€674▼
Cash at bank and in hand54/58€21k€32k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€193k€235k▲
Equity10/15€36k€22k▼
Contributions10/11€1k€1k=
Reserves13€720€720=
Non-distributable reserves130/1€720€720=
Reserves not available under the articles1311€720€720=
Profit (loss) carried forward14€34k€21k▼
Amounts payable17/49€158k€212k▲
Amounts payable after more than one year17€36k€140k▲
Financial debts170/4€36k€140k▲
Amounts payable within one year42/48€122k€72k▼
Current portion of amounts payable after more than one year42€31k€28k▼
Trade debts44€4k€17k▲
Suppliers440/4€4k€17k▲
Taxes, remuneration and social security45€36k€22k▼
Taxes450/3€28k€22k▼
Remuneration and social security454/9€8k-
Other amounts payable47/48€50k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€51k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€15k▼
Other operating charges640/8€15k€25k▲
Gross operating margin9900€172k€53k▼
Operating profit (loss)9901€67k€-8k▼
Financial income75/76B€2k€204▼
Recurring financial income75€2k€204▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€64k€-12k▼
Income taxes67/77€15k€1k▼
Profit (loss) for the period9904€49k€-13k▼
Profit (loss) for the period to be appropriated9905€49k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€21k▼
Profit (loss) brought forward from the previous period14P€35k€34k▼
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (10 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Weakest financial yearnet €-13k ▼127%
Net result drops to €-13k, the lowest in the series.
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €49k ▲239%
Operating result €67k, net result €49k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 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, Welkenraedt · 1 establishment unit since 2019
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.
Dicke Beusch 34840 WelkenraedtGround area
487 m²
Parcel 63084A0411/00S004, Wallonia. Linked by address, not a title deed.
1 establishment unit
M.V-TRANS
since 20192.291.851.266
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0411/00S004 | Wallonia | 487 m² | - | - |
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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TVC POWER SOLUTIONS ONLINE
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R.M.A. TRANS
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 5,114 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2019
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.