Losses
Every financial year from 2016 to 2021 closed with a loss. 2020 was the heaviest.
Trustee: Maximilien Traversa. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Every financial year from 2016 to 2021 closed with a loss. 2020 was the heaviest.
Eight of the last ten came late. The 2019 accounts came latest: 122 days after the end of the period.
Equity fell from €36,152 in 2006 to -€121,877 in 2021, while debts rose from €127,452 to €198,571.
On 24 October 2022 the court declared M&VB bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €540,000. Estimated: probably between €450,000 and €650,000.
Higher than 7% of 14,594 companies in 2021.
Lower than 95% of 14,173 companies in 2021.
Higher than 11% of 14,240 companies in 2021.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2021, 14 people joined and 11 left. Training hours in 2021: 367.
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
76,694 | 110,538 | 143,893 | 114 | 179 | 18,992 | 157,460 | 151,962 | 147,452 | 176,325 | 200,699 | 206,921 | 161,597 | 171,896 | 150,647 | 163,604 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 301 | |
21/28 |
59,938 | 76,727 | 99,135 | - | - | 650 | 83,423 | 83,182 | 84,519 | 101,725 | 129,809 | 147,026 | 121,934 | 108,245 | 110,578 | 115,118 | |
21 |
9,600 | 14,400 | 19,200 | - | - | - | 54,123 | 66,802 | 64,962 | 66,528 | 67,752 | 67,460 | 66,284 | 61,191 | 59,212 | 56,861 | |
22/27 |
50,338 | 62,327 | 79,935 | - | - | 650 | 29,299 | 16,380 | 19,557 | 35,197 | 62,058 | 79,565 | 55,650 | 47,054 | 51,366 | 57,956 | |
23 |
25,396 | 26,533 | 33,535 | - | - | 650 | 8,325 | 15,650 | 11,503 | 20,207 | 31,454 | 38,512 | 36,518 | 37,438 | 38,939 | 46,532 | |
24 |
1,743 | 994 | - | - | - | - | 20,974 | 730 | 8,054 | 14,990 | 30,604 | 41,054 | 19,132 | 9,615 | 12,427 | 11,424 | |
26 |
23,200 | 34,800 | 46,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
16,755 | 33,811 | 44,758 | 114 | 179 | 18,342 | 74,038 | 68,780 | 62,933 | 74,599 | 70,889 | 59,896 | 39,662 | 63,651 | 40,069 | 48,486 | |
3 |
8,981 | 14,812 | 15,097 | - | - | - | 7,375 | 13,496 | 8,300 | 10,851 | 9,216 | 12,500 | 10,085 | 11,681 | 10,836 | 12,096 | |
30/36 |
8,981 | 14,812 | 15,097 | - | - | - | 7,375 | 13,496 | 8,300 | 10,851 | 9,216 | 12,500 | 10,085 | 11,681 | 10,836 | 12,096 | |
40/41 |
665 | 10,156 | 13,602 | - | 120 | - | 5,073 | 2,324 | 3,334 | 3,099 | 8,260 | 20,230 | 19,802 | 8,115 | 4,734 | 14,842 | |
40 |
- | 8,719 | 12,770 | - | 120 | - | 2,725 | 830 | 1,570 | - | 6,700 | 17,350 | 18,203 | 7,000 | 3,500 | 12,029 | |
41 |
665 | 1,437 | 832 | - | - | - | 2,348 | 1,493 | 1,764 | 3,099 | 1,560 | 2,880 | 1,599 | 1,115 | 1,234 | 2,813 | |
54/58 |
7,110 | 8,843 | 14,267 | 114 | 59 | 18,342 | 57,580 | 50,967 | 49,407 | 53,986 | 53,414 | 24,676 | 9,775 | 43,855 | 22,900 | 19,948 | |
490/1 |
- | - | 1,792 | - | - | - | 4,009 | 1,993 | 1,891 | 6,663 | - | 2,489 | - | - | 1,599 | 1,600 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
76,694 | 110,538 | 143,893 | 114 | 179 | 18,992 | 157,460 | 151,962 | 147,452 | 176,325 | 200,699 | 206,921 | 161,597 | 171,896 | 150,647 | 163,604 | |
10/15 |
-121,877 | -104,363 | -35,418 | -9,466 | -7,471 | -7,264 | 25,186 | 13,977 | -1,685 | -21,593 | -45,823 | -31,627 | -205 | 8,483 | 26,881 | 36,152 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-142,337 | -124,823 | -55,878 | -29,926 | -27,931 | -27,724 | 4,726 | -6,483 | -22,145 | -42,053 | -66,283 | -52,087 | -20,665 | -11,977 | 6,421 | 15,692 | |
17/49 |
198,571 | 214,901 | 179,312 | 9,580 | 7,650 | 26,256 | 132,274 | 137,984 | 149,136 | 197,918 | 246,522 | 238,548 | 161,802 | 163,413 | 123,766 | 127,452 | |
17 |
- | - | - | - | - | - | 34,099 | 24,645 | 25,975 | 43,742 | 66,956 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | 34,099 | 24,645 | 25,975 | 43,742 | 66,956 | - | - | - | - | - | |
42/48 |
198,571 | 214,901 | 179,312 | 9,580 | 7,650 | 26,256 | 98,176 | 112,980 | 123,161 | 152,576 | 177,966 | 236,948 | 159,904 | 161,127 | 122,166 | 127,023 | |
42 |
- | - | - | - | - | - | 19,893 | 12,215 | 17,767 | 23,797 | 22,415 | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 92,610 | 33,629 | 30,362 | 34,676 | 44,880 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 92,610 | 33,629 | 30,362 | 34,676 | 44,880 | |
44 |
22,480 | 58,407 | 30,023 | - | - | 6,730 | 55,157 | 63,124 | 54,609 | 56,521 | 42,303 | 51,734 | 31,489 | 54,399 | 36,065 | 36,424 | |
440/4 |
22,480 | 58,407 | 30,023 | - | - | 6,730 | 55,157 | 63,124 | 54,609 | 56,521 | 42,303 | 51,734 | 31,489 | 54,399 | 36,065 | 36,424 | |
46 |
- | - | - | - | - | - | 2,478 | - | - | - | - | - | - | - | - | - | |
45 |
174,056 | 142,754 | 149,288 | - | 27 | 10,579 | 20,337 | 29,391 | 29,760 | 18,863 | 17,584 | 12,105 | 16,668 | 24,358 | 11,002 | 10,941 | |
450/3 |
42,975 | 38,193 | 15,295 | - | 27 | 10,579 | 6,312 | 12,290 | 9,067 | 1,657 | 3,932 | 2,180 | 7,615 | 15,487 | 4,427 | 3,727 | |
454/9 |
131,081 | 104,560 | 133,993 | - | - | - | 14,026 | 17,101 | 20,693 | 17,206 | 13,652 | 9,925 | 9,054 | 8,872 | 6,575 | 7,214 | |
47/48 |
2,035 | 13,740 | - | 9,580 | 7,623 | 8,946 | 310 | 8,251 | 21,025 | 53,395 | 95,664 | 80,500 | 78,118 | 52,008 | 40,423 | 34,778 | |
492/3 |
- | - | - | - | - | - | - | 359 | - | 1,600 | 1,600 | 1,600 | 1,897 | 2,285 | 1,600 | 429 | |
| Income statement | |||||||||||||||||
70 |
- | - | - | - | - | - | - | 521,249 | 543,878 | 517,556 | 537,804 | - | - | - | - | - | |
76A |
- | - | - | - | - | - | 5 | - | 2,448 | 42 | 6 | 826 | - | 269 | 161 | - | |
9900 |
184,952 | 133,281 | 335,417 | -1,617 | 7,485 | 147,704 | 199,167 | 218,212 | 212,866 | 202,680 | 169,263 | 141,005 | 123,977 | 126,347 | 98,345 | 111,473 | |
60/61 |
- | - | - | - | - | - | - | 334,554 | 331,012 | 336,284 | 368,541 | - | - | - | - | - | |
62 |
174,378 | 175,657 | 329,395 | - | 7,438 | 109,753 | 152,427 | 156,939 | 157,398 | 127,679 | 131,395 | 117,725 | 99,820 | 102,649 | 70,017 | 77,077 | |
630 |
27,504 | 25,070 | 24,784 | - | - | 325 | 23,399 | 29,072 | 33,208 | 39,202 | 41,602 | 39,246 | 24,876 | 23,903 | 32,597 | 28,903 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | 563 | - | - | - | |
640/8 |
159 | 190 | 1,220 | 348 | - | 3,810 | 2,343 | 3,319 | 1,828 | 2,468 | 2,177 | 4,522 | 2,055 | 5,583 | 1,962 | 1,919 | |
66A |
- | - | - | - | - | 62,448 | 2,602 | - | 0 | 1,835 | 90 | 2,258 | 1,238 | -425 | - | 11 | |
9901 |
-17,089 | -67,636 | -19,982 | -1,965 | 47 | -28,633 | 20,999 | 28,882 | 20,432 | 33,331 | -5,911 | -20,488 | -3,337 | -5,787 | -6,231 | 3,574 | |
75/76B |
- | - | - | - | - | 55 | 109 | 23 | 10 | 19 | 1 | 91 | - | 0 | - | 100 | |
75 |
- | - | - | - | - | 55 | 109 | 23 | 10 | 19 | 1 | 91 | - | 0 | - | 100 | |
65/66B |
425 | 1,308 | 5,970 | 30 | 254 | 3,800 | 3,546 | 5,811 | 6,153 | 7,672 | 8,202 | 6,093 | 4,114 | 3,997 | 3,201 | 5,502 | |
65 |
425 | 1,308 | 5,970 | 30 | 254 | 3,800 | 3,546 | 5,811 | 6,153 | 7,672 | 8,202 | 6,093 | 4,114 | 3,997 | 3,201 | 5,502 | |
9903 |
-17,514 | -68,944 | -25,952 | -1,995 | -207 | -32,378 | 14,964 | 23,093 | 16,736 | 23,885 | -14,196 | -27,922 | -8,688 | -9,090 | -9,271 | -1,839 | |
67/77 |
- | - | - | - | - | 72 | 3,755 | 7,431 | -3,172 | -344 | - | 3,500 | - | 9,308 | - | - | |
9904 |
-17,514 | -68,944 | -25,952 | -1,995 | -207 | -32,450 | 11,209 | 15,662 | 19,909 | 24,230 | -14,196 | -31,422 | -8,688 | -18,398 | -9,271 | -1,839 | |
9905 |
-17,514 | -68,944 | -25,952 | -1,995 | -207 | -32,450 | 11,209 | 15,662 | 19,909 | 24,230 | -14,196 | -31,422 | -8,688 | -18,398 | -9,271 | -1,839 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-142,337 | -124,823 | -55,878 | -29,926 | -27,931 | -27,724 | 4,726 | -6,483 | -22,145 | -42,053 | -66,283 | -52,087 | -20,665 | -11,977 | 6,421 | 15,692 | |
14P |
-124,823 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
6.9 | 6.8 | 8.1 | - | 0 | 3.8 | 5.2 | 5.2 | 4.4 | 4.7 | 5.4 | 4.2 | 4.1 | 4.5 | 4.6 | 5.3 | |
Hours worked1013 |
8,636 | 6,707 | 14,719 | - | 0 | 5,540 | 7,499 | 8,052 | 7,479 | 7,985 | 8,990 | 7,448 | 7,007 | 7,439 | 5,998 | 7,513 | |
| Document | |||||||||||||||||
The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 22-09-2022.
2021 annual accounts filed 53 days after the deadline. Filed on 22 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20435880.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 22-09-2022 | 2022-20435880 | |
| 31-12-2020 | micro format | 25-10-2021 | 2021-73000321 | |
| 31-12-2019 | full format | 30-11-2020 | 2020-73800067 | |
| 31-12-2018 | full format | 26-07-2019 | 2019-39900443 | |
| 31-12-2017 | full format | 12-06-2018 | 2018-18200138 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-57800571 | |
| 31-12-2015 | full format | 26-09-2016 | 2016-61900380 | |
| 31-12-2014 | full format | 07-08-2015 | 2015-41800323 | |
| 31-12-2013 | full format | 13-09-2014 | 2014-58700526 | |
| 31-12-2012 | full format | 25-09-2013 | 2013-59100564 | |
| 31-12-2011 | full format | 06-08-2012 | 2012-38200475 | |
| 31-12-2010 | full format | 26-07-2011 | 2011-32600052 | |
| 31-12-2009 | full format | 08-06-2010 | 2010-15300408 | |
| 31-12-2008 | full format | 30-07-2009 | 2009-49400022 | |
| 31-12-2007 | full format | 28-07-2008 | 2008-46400042 | |
| 31-12-2006 | full format | 19-07-2007 | 2007-42000162 | |
| 31-12-2005 | full format | 04-10-2006 | 2006-83100637 | |
| 31-12-2004 | full format | 27-06-2005 | 2005-34603475 | |
| 31-12-2003 | full format | 13-09-2004 | 2004-64201715 |
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,415 | -42,566 | 4,802 | - | - | -28,308 | 44,398 | 57,954 | 53,640 | 72,533 | 35,691 | 18,757 | 21,539 | 18,116 | 26,366 | 32,477 | ||
| 9,990 | -43,874 | -1,168 | - | - | -32,125 | 34,607 | 44,734 | 53,117 | 63,432 | 27,406 | 7,824 | 16,187 | 5,505 | 23,326 | 27,064 | ||
| 10,715 | 2,663 | 123,918 | - | - | 975 | 26,010 | 27,734 | 16,002 | 19,072 | 24,386 | 41,837 | 43,935 | 21,570 | 28,057 | 21,327 | ||
| -1,733 | -5,424 | 14,153 | 55 | -18,283 | -39,238 | 6,613 | 1,560 | -4,579 | 573 | 28,738 | 14,901 | -34,080 | 20,955 | 2,952 | - | ||
| -181,815 | -181,090 | -134,553 | -9,466 | -7,471 | -7,914 | -24,138 | -44,200 | -60,228 | -77,976 | -107,077 | -177,052 | -120,242 | -97,476 | -82,097 | -78,537 | ||
| - | - | - | - | - | - | - | 5.5% | 3.8% | 6.4% | -1.1% | - | - | - | - | - | ||
| -158.9% | -94.4% | -24.6% | - | - | -38.2% | 16.0% | 9.2% | -1.1% | -12.2% | -22.8% | -15.3% | -0.1% | 4.9% | 17.8% | 22.1% | ||
| 0.08 | 0.16 | 0.25 | - | - | 0.70 | 0.75 | 0.61 | 0.51 | 0.49 | 0.40 | 0.25 | 0.25 | 0.40 | 0.33 | 0.38 | ||
| 0.04 | 0.09 | 0.17 | - | - | 0.70 | 0.68 | 0.49 | 0.44 | 0.42 | 0.35 | 0.20 | 0.18 | 0.32 | 0.24 | 0.29 | ||
| - | - | - | - | - | - | 5.25 | 9.87 | - | - | - | - | - | 19.26 | 4.60 | 3.53 | ||
| - | - | - | - | - | - | 44.5% | 112.1% | - | - | - | - | - | -216.9% | -34.5% | -5.1% | ||
| -22.8% | -62.4% | -18.0% | - | - | -170.9% | 7.1% | 10.3% | 13.5% | 13.7% | -7.1% | -15.2% | -5.4% | -10.7% | -6.2% | -1.1% | ||
| 24.49 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | 1 day | 1 day | 2 days | 5 days | - | - | - | - | - | ||
| - | - | - | - | - | - | - | 69 days | 60 days | 61 days | 42 days | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 9 |
| full-time | 6 |
| part-time | 3 |
| in full-time equivalents | 7.7 |
| 6.9 | |
| On a permanent contract | 4 |
| Joined | 14 |
| Left | 11 |
| Training hours | 367 |
Source: social balance sheet in the 2021 annual accounts
| Item | 2021 |
|---|---|
| Tangible fixed assets | €10,715 |
| €27,504 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
The operating result for 2021 is a loss of €17,089, smaller than the loss of €67,636 in 2020.
Equity is negative. Debt (€198,571) exceeds the balance-sheet total (€76,694).
M&VB has no parent and no holdings in its annual accounts. MACON JACQUES is the only director. M&VB shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue d'Edimbourg 3 registered office 6040 Charleroi | ||
| Route Merveilleuse 50 5000 Namur 47230 Retail trade | 07-03-2003 | 2.126.833.579 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92302D0235/00N005 | 2,675 m² | 1 · 27 m² | 13.3 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
If something looks wrong or is missing, please tell us.