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MAVA SOLUTIONS

Active
Private limited companyfounded 2024active for 1 yearMagnoliadreef(Z) 31, 8550 Zwevegem, BelgiumKBO/BCE: BE 1017.952.147

Financials · financial year 2025, micro format

2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402919.

Annual accounts 2025 filed on 13-08-2026 at the NBB

Turnover
≈ €130,000
Estimated: probably between €62,000 and €260,000
Total assets
€42,300
Net result
€14,394
Working capital
€5,261

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €42,300
Fixed assets €12,467
Current assets €29,834
Equity and liabilities €42,300
Equity €17,728
Debt €24,572
Debt's share of the balance-sheet total is 58.1%.
Key figures and ratios
2025 value
EBITDA
€22,222
Cash flow
€18,500
Current ratio
1.21
Debt to equity
1.39
ROE
81.2%
ROA
34.0%
Interest coverage
over 100
Debt ≤ 1 year
€24,572
Income taxes
€3,800

Investments

fixed assets acquired
Item2025
Tangible fixed assets€15,496
Depreciation and write-downs of the year€4,106

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€42,300
Fixed assets21/28€12,467
Tangible fixed assets22/27€12,467
Plant, machinery and equipment23€10,440
Furniture and vehicles24€989
Other tangible fixed assets26€1,038
Current assets29/58€29,834
Amounts receivable within one year40/41€1,252
Trade receivables40€1,205
Other amounts receivable41€47
Cash at bank and in hand54/58€28,581
Equity and liabilities
Total equity and liabilities10/49€42,300
Equity10/15€17,728
Contributions10/11€5,000
Profit (loss) carried forward14€12,728
Amounts payable17/49€24,572
Amounts payable within one year42/48€24,572
Trade debts44€13,583
Suppliers440/4€13,583
Taxes, remuneration and social security45€4,825
Taxes450/3€4,825
Other amounts payable47/48€6,165
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,106
Other operating charges640/8€128
Gross operating margin9900€22,350
Operating profit (loss)9901€18,115
Financial income75/76B€124
Recurring financial income75€124
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€18,194
Income taxes67/77€3,800
Profit (loss) for the period9904€14,394
Profit (loss) for the period to be appropriated9905€14,394
Appropriation of the result
Profit (loss) to be appropriated9906€14,394
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,106
Other operating charges640/8€128
Gross operating margin9900€22,350
Operating profit (loss)9901€18,115
Financial income75/76B€124
Recurring financial income75€124
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€18,194
Income taxes67/77€3,800
Profit (loss) for the period9904€14,394
Profit (loss) for the period to be appropriated9905€14,394
Line2025
Assets
Total assets20/58€42,300
Fixed assets21/28€12,467
Tangible fixed assets22/27€12,467
Plant, machinery and equipment23€10,440
Furniture and vehicles24€989
Other tangible fixed assets26€1,038
Current assets29/58€29,834
Amounts receivable within one year40/41€1,252
Trade receivables40€1,205
Other amounts receivable41€47
Cash at bank and in hand54/58€28,581
Equity and liabilities
Total equity and liabilities10/49€42,300
Equity10/15€17,728
Contributions10/11€5,000
Profit (loss) carried forward14€12,728
Amounts payable17/49€24,572
Amounts payable within one year42/48€24,572
Trade debts44€13,583
Suppliers440/4€13,583
Taxes, remuneration and social security45€4,825
Taxes450/3€4,825
Other amounts payable47/48€6,165
Line2025
Profit (loss) for the period9904€14,394
+ Depreciation and write-downs630€4,106
Operating cash flow (approximation)€18,500

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as MAVA SOLUTIONS has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of MAVA SOLUTIONS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for MAVA SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 13-08-2026 2026-00402919 PDF

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