MAVACA
ActiveSummary
MAVACA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €-7k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-18
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 54.37; short-term debt: 1.8% and cash: 49.6% of total assets), and 1.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7k
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
64 d early
2023
50 d early
2022
45 d early
2021
37 d early
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€115k▼ 5.9%
2024 · €122k
Total assets
€117k▼ 4.2%
2024 · €122k
Net result
€-7k▼ 1,916%
2024 · €-360
Working capital
€115k▼ 5.8%
2024 · €122k
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€-20k€-12k▲ 41.5%€59k€2k▼ 96.6%€-6k
Net result€-20k€-11k▲ 46.8%€47k€-360€-7k▼ 1,916%
Equity€86k▼ 18.8%€75k▼ 12.3%€123k▲ 62.9%€122k▼ 0.3%€115k▼ 5.9%
Total assets€108k▼ 25.7%€79k▼ 26.6%€125k▲ 57.8%€122k▼ 1.9%€117k▼ 4.2%
Debt€22k▼ 44.3%€4k▼ 82.8%€2k▼ 45.1%€89▼ 95.7%€2k▲ 2,319%
Working capital€86k▼ 18.7%€75k▼ 12.3%€122k▲ 62.3%€122k▼ 0.1%€115k▼ 5.8%
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 €6k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€84 ▼ 69.6%
Current assets
€117k ▼ 4.1%
Equity and liabilities €117k
Equity
€115k ▼ 5.9%
Debt
€2k ▲ 2,319%
Debt's share of the balance-sheet total rises from 0.1% to 1.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €2k
Cash flow
€-7k▼
2024 · €-168
Current ratio
54.37
Quick ratio
46.11
Debt to equity
0.02▲
2024 · 0.00
ROE
-6.3%▼
2024 · -0.3%
ROA
-6.2%▼
2024 · -0.3%
Interest coverage
-3.85▼
2024 · 1.30
Debt ≤ 1 year
€2k▲
2024 · €89
Income taxes
€223▼
2024 · €836
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €148 | - | €108 | €192 | €192 | = |
| Other operating charges640/8 | €205 | €8k | €490 | €1k | €558 | ▼ 49.5% |
| Gross operating margin9900 | €-20k | €-4k | €60k | €3k | €-5k | ▼ 257% |
| Operating profit (loss)9901 | €-20k | €-12k | €59k | €2k | €-6k | ▼ 393% |
| Financial income75/76B | €281 | €1k | €299 | €158 | €434 | ▲ 175% |
| Recurring financial income75 | €281 | €1k | €299 | €158 | €434 | ▲ 175% |
| Financial charges65/66B | €72 | €63 | €916 | €2k | €2k | ▼ 12.7% |
| Recurring financial charges65 | €72 | €63 | €916 | €2k | €2k | ▼ 12.7% |
| Profit (loss) for the period before taxes9903 | €-20k | €-11k | €59k | €476 | €-7k | ▼ 1,580% |
| Income taxes67/77 | - | - | €11k | €836 | €223 | ▼ 73.3% |
| Profit (loss) for the period9904 | €-20k | €-11k | €47k | €-360 | €-7k | ▼ 1,916% |
| Profit (loss) for the period to be appropriated9905 | €-20k | €-11k | €47k | €-360 | €-7k | ▼ 1,916% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €79k | €125k | €122k | €117k | ▼ 4.2% |
| Fixed assets21/28 | - | - | €468 | €276 | €84 | ▼ 69.6% |
| Tangible fixed assets22/27 | - | - | €468 | €276 | €84 | ▼ 69.6% |
| Furniture and vehicles24 | - | - | €468 | €276 | €84 | ▼ 69.6% |
| Current assets29/58 | €108k | €79k | €124k | €122k | €117k | ▼ 4.1% |
| Stocks and contracts in progress3 | €2k | €5k | €7k | €8k | €18k | ▲ 137% |
| Stocks30/36 | €2k | €5k | €7k | €8k | €18k | ▲ 137% |
| Amounts receivable within one year40/41 | €76k | €57k | €42k | €25k | €36k | ▲ 48.6% |
| Trade receivables40 | €74k | €55k | €40k | €22k | €31k | ▲ 40.3% |
| Other amounts receivable41 | €2k | €2k | €2k | €2k | €5k | ▲ 123% |
| Cash at bank and in hand54/58 | €29k | €18k | €69k | €85k | €58k | ▼ 31.5% |
| Deferred charges and accrued income490/1 | €525 | €191 | €6k | €5k | €5k | ▼ 9.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €79k | €125k | €122k | €117k | ▼ 4.2% |
| Equity10/15 | €86k | €75k | €123k | €122k | €115k | ▼ 5.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €67k | €67k | €104k | €104k | €104k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €59k | €59k | €97k | €97k | €97k | = |
| Profit (loss) carried forward14 | €5 | €-11k | - | €-360 | €-8k | ▼ 2,016% |
| Amounts payable17/49 | €22k | €4k | €2k | €89 | €2k | ▲ 2,319% |
| Amounts payable within one year42/48 | €22k | €4k | €2k | €89 | €2k | ▲ 2,319% |
| Trade debts44 | €21k | €2k | €2k | €89 | €2k | ▲ 2,319% |
| Suppliers440/4 | €21k | €2k | €2k | €89 | €2k | ▲ 2,319% |
| Taxes, remuneration and social security45 | - | - | €112 | - | - | - |
| Taxes450/3 | - | - | €112 | - | - | - |
| Other amounts payable47/48 | €1k | €1k | €372 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-20k | €-11k | €47k | €-360 | €-7k | ▼ 1,916% |
| + Depreciation and write-downs630 | €148 | - | €108 | €192 | €192 | = |
| Operating cash flow (approximation) | €-20k | €-11k | €47k | €-168 | €-7k | ▼ 4,105% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €-11k | €52k | €15k | €-27k | ▼ 273% |
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 23current ratio 1371.35
Current ratio from 60.27 to 1371.35; short-term debt falls from €2k to €89.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €47k
Net result €47k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 60.27
Current ratio from 21.06 to 60.27; short-term debt falls from €4k to €2k.
31-12
Financial
Equity above €100kEq €123k ▲62.9%
Equity rises from €75k to €123k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 21.06
Current ratio from 4.93 to 21.06; short-term debt falls from €22k to €4k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €59k ▲504%
Operating result €92k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €104k ▲131%
2 profitable years in a row build equity to €104k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, La Louvière · 1 establishment unit since 2006
Ground area
502 m²
Building footprint
66 m²
Parcel 55022A0366/00N003, Wallonia. Linked by address, not a title deed.
1 establishment unit
MAVACA SPRL
since 20062.157.326.223
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0366/00N003 | Wallonia | 502 m² | 1 · 66 m² | - |
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.
Similar companies · same sector, comparable size
L'HOEST - BAWIN
BE 0421.255.558
Saint-Georges-sur-Meuse · Eq €115,437
New Look Keukens
BE 0540.685.126
Brasschaat · Eq €116,090
MEUBELEN JANSSENS
BE 0880.816.418
Tremelo · Eq €116,187
Better Brands Distribution
BE 0867.595.219
Tervuren · Eq €116,285
GERMANI
BE 0470.026.267
Geel · Eq €116,309
Of 2,606 companies in sector 47551 we hold annual accounts for 1,716. 1,339 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
Founded02-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.