M.V.V.
ActiveSummary
M.V.V. has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €388,429 and a net result of €30,483. Equity is growing by ~9.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+1
Solvency97▲+16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.51 against 1.81 in 2024; short-term debt: 18.4% and cash: 18.9% of total assets), and 28.2% 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+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
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
71.8%
Return on assets
5.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
20 d early
2023
20 d early
2022
3 d early
2021
1 d early
2020
23 d early
2019
10 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 11 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€388,429▲ 8.5%
2024 · €357,946
Total assets
€540,748▼ 15.3%
2024 · €638,749
Net result
€30,483▼ 9.9%
2024 · €33,824
Working capital
€150,247▲ 35.8%
2024 · €110,616
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€177,201▲ 391%€19,477▼ 89.0%€66,312▲ 240%€64,559▼ 2.6%€47,714▼ 26.1%
Net result€140,126▲ 524%€8,616▼ 93.9%€45,278▲ 425%€33,824▼ 25.3%€30,483▼ 9.9%
Equity€339,336▲ 54.0%€326,046▼ 3.9%€326,692▲ 0.2%€357,946▲ 9.6%€388,429▲ 8.5%
Total assets€732,668▲ 59.4%€638,382▼ 12.9%€618,376▼ 3.1%€638,749▲ 3.3%€540,748▼ 15.3%
Debt€369,607▲ 61.0%€292,549▼ 20.8%€275,573▼ 5.8%€268,368▼ 2.6%€144,905▼ 46.0%
Working capital€65,163€51,428▼ 21.1%€85,312▲ 65.9%€110,616▲ 29.7%€150,247▲ 35.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540,748
Fixed assets
€291,141 ▼ 25.5%
Current assets
€249,607 ▲ 0.8%
Equity and liabilities €540,748
Equity
€388,429 ▲ 8.5%
Provisions
€7,413 ▼ 40.4%
Debt
€144,905 ▼ 46.0%
Debt's share of the balance-sheet total falls from 42.0% to 26.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€167,907▼
2024 · €180,774
Cash flow
€150,676▲
2024 · €150,038
Current ratio
2.51▲
2024 · 1.81
Quick ratio
2.50▲
2024 · 1.66
Debt to equity
0.37▼
2024 · 0.75
ROE
7.8%▼
2024 · 9.4%
ROA
5.6%▲
2024 · 5.3%
Interest coverage
36.75▲
2024 · 34.81
Debt ≤ 1 year
€99,360▼
2024 · €137,125
Debt > 1 year
€45,545▼
2024 · €131,243
Income taxes
€17,684▲
2024 · €15,767
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 higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €8,141 | - |
| Remuneration, social security and pensions62 | €350 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €104,974 | €112,995 | €116,729 | €116,215 | €120,193 | ▲ 3.4% |
| Other operating charges640/8 | €2,176 | €2,883 | €2,416 | €3,124 | €2,863 | ▼ 8.4% |
| Non-recurring operating charges66A | - | €960 | €0 | €1,307 | €0 | ▼ 100% |
| Gross operating margin9900 | €284,701 | €136,315 | €185,457 | €185,205 | €170,770 | ▼ 7.8% |
| Operating profit (loss)9901 | €177,201 | €19,477 | €66,312 | €64,559 | €47,714 | ▼ 26.1% |
| Financial income75/76B | €262 | €0 | - | €12 | €0 | ▼ 100% |
| Recurring financial income75 | €262 | €0 | - | €12 | €0 | ▼ 100% |
| Financial charges65/66B | €6,438 | €5,501 | €3,792 | €18,657 | €4,568 | ▼ 75.5% |
| Recurring financial charges65 | €6,438 | €5,501 | €3,792 | €5,194 | €4,568 | ▼ 12.0% |
| Non-recurring financial charges66B | - | - | - | €13,463 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €171,024 | €13,976 | €62,520 | €45,915 | €43,145 | ▼ 6.0% |
| Transfer from deferred taxes780 | €7,112 | €3,939 | €3,676 | €3,676 | €5,022 | ▲ 36.6% |
| Transfer to deferred taxes680 | €21,182 | €0 | - | - | - | - |
| Income taxes67/77 | €16,829 | €9,298 | €20,918 | €15,767 | €17,684 | ▲ 12.2% |
| Profit (loss) for the period9904 | €140,126 | €8,616 | €45,278 | €33,824 | €30,483 | ▼ 9.9% |
| Transfer from tax-exempt reserves789 | €21,336 | €19,316 | €11,028 | €11,028 | €15,065 | ▲ 36.6% |
| Transfer to tax-exempt reserves689 | €63,546 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €97,916 | €27,932 | €56,306 | €44,852 | €45,548 | ▲ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €732,668 | €638,382 | €618,376 | €638,749 | €540,748 | ▼ 15.3% |
| Fixed assets21/28 | €507,882 | €470,171 | €384,244 | €391,008 | €291,141 | ▼ 25.5% |
| Tangible fixed assets22/27 | €507,309 | €469,098 | €383,171 | €389,935 | €290,068 | ▼ 25.6% |
| Plant, machinery and equipment23 | €260,922 | €214,946 | €157,692 | €127,946 | €86,571 | ▼ 32.3% |
| Furniture and vehicles24 | €146,637 | €171,027 | €225,479 | €193,963 | €146,500 | ▼ 24.5% |
| Leasing and similar rights25 | €99,750 | €83,125 | €0 | €68,027 | €56,996 | ▼ 16.2% |
| Financial fixed assets28 | €573 | €1,073 | €1,073 | €1,073 | €1,073 | = |
| Current assets29/58 | €224,786 | €168,212 | €234,132 | €247,741 | €249,607 | ▲ 0.8% |
| Stocks and contracts in progress3 | €1,953 | €13,905 | €5,860 | €20,229 | €1,321 | ▼ 93.5% |
| Stocks30/36 | €1,953 | €1,809 | €1,710 | €1,694 | €1,321 | ▼ 22.0% |
| Contracts in progress37 | €0 | €12,096 | €4,150 | €18,535 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €171,018 | €100,754 | €132,551 | €174,520 | €144,302 | ▼ 17.3% |
| Trade receivables40 | €140,778 | €83,319 | €121,973 | €159,495 | €144,270 | ▼ 9.5% |
| Other amounts receivable41 | €30,240 | €17,435 | €10,578 | €15,025 | €32 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €51,295 | €39,969 | €92,679 | €48,411 | €102,384 | ▲ 111% |
| Deferred charges and accrued income490/1 | €519 | €13,584 | €3,041 | €4,580 | €1,599 | ▼ 65.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €732,668 | €638,382 | €618,376 | €638,749 | €540,748 | ▼ 15.3% |
| Equity10/15 | €339,336 | €326,046 | €326,692 | €357,946 | €388,429 | ▲ 8.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €319,336 | €306,046 | €306,692 | €337,946 | €368,429 | ▲ 9.0% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €0 | - | - | - |
| Tax-exempt reserves132 | €78,677 | €59,361 | €48,333 | €37,305 | €22,240 | ▼ 40.4% |
| Distributable reserves133 | €238,659 | €244,685 | €258,359 | €300,641 | €346,190 | ▲ 15.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €23,726 | €19,787 | €16,111 | €12,435 | €7,413 | ▼ 40.4% |
| Deferred taxes168 | €23,726 | €19,787 | €16,111 | €12,435 | €7,413 | ▼ 40.4% |
| Amounts payable17/49 | €369,607 | €292,549 | €275,573 | €268,368 | €144,905 | ▼ 46.0% |
| Amounts payable after more than one year17 | €207,608 | €173,390 | €124,377 | €131,243 | €45,545 | ▼ 65.3% |
| Financial debts170/4 | €207,608 | €173,390 | €124,377 | €131,243 | €45,545 | ▼ 65.3% |
| Amounts payable within one year42/48 | €159,623 | €116,784 | €148,820 | €137,125 | €99,360 | ▼ 27.5% |
| Current portion of amounts payable after more than one year42 | €67,659 | €63,404 | €49,013 | €62,455 | €70,236 | ▲ 12.5% |
| Trade debts44 | €4,137 | €12,851 | €30,872 | €52,495 | €14,158 | ▼ 73.0% |
| Suppliers440/4 | €4,137 | €12,851 | €30,872 | €52,495 | €14,158 | ▼ 73.0% |
| Taxes, remuneration and social security45 | €18,915 | €5,367 | €18,939 | €1,603 | €4,551 | ▲ 184% |
| Taxes450/3 | €18,915 | €5,367 | €18,939 | €1,603 | €4,551 | ▲ 184% |
| Other amounts payable47/48 | €68,912 | €35,162 | €49,997 | €20,573 | €10,416 | ▼ 49.4% |
| Accrued charges and deferred income492/3 | €2,375 | €2,375 | €2,375 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140,126 | €8,616 | €45,278 | €33,824 | €30,483 | ▼ 9.9% |
| + Depreciation and write-downs630 | €104,974 | €112,995 | €116,729 | €116,215 | €120,193 | ▲ 3.4% |
| Operating cash flow (approximation) | €245,100 | €121,612 | €162,007 | €150,038 | €150,676 | ▲ 0.4% |
| Investment in fixed assets (approximation) | - | -€75,284 | -€30,803 | -€122,979 | -€20,326 | ▲ 83.5% |
| Change in cash | - | -€11,326 | €52,711 | -€44,268 | €53,973 | ▲ 222% |
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
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €140,126 ▲524%
Operating result €177,201, net result €140,126, both a record.
07-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €22,454
Net result €22,454 after one loss-making year.
30-09
Financial
Equity above €200,000Eq €220,286 ▲14.6%
Equity rises from €192,253 to €220,286.
20-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet -€8,611
Net result drops to -€8,611, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Wortegem-Petegem · 1 establishment unit since 2000
Ground area
1,807 m²
Building footprint
121 m²
Volume, LiDAR
654 m³
Parcel 45055A1193/00M000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M.V.V.
since 20002.099.598.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055A1193/00M000 | Flanders | 1,807 m² | 1 · 121 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 210 EUR awarded · 210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 210 EUR | 210 EUR |
Recognitions · licences · registrations
Recognised contractor
11 categoriesM.V.V. BV29809
Identification & contact
Identification
Legal formPrivate limited company
Founded19-04-2000
Fiscal year end30-09
Activities, NACEBEL 2025
39000Remediation activities and other waste management service activities
41001General construction of residential buildings
42212Civil engineering
43110Demolition
43120Site preparation
43320Joinery installation
43910Bricklaying and masonry work
77120Rental and leasing activities
Contact
E-mail
contact@mvvafbraak.beWortegem-Petegem
E-mail
info@mvvafbraak.beWortegem-Petegem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471684472
Also
9925:BE0471684472
Registered
13-01-2026
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.