Losses
-€7,625 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
MAVACA
Lifetime
19 annual accounts with figures on one time axispeak €95,631 (2019)
-€5,224▼ €8,560
lowest -€19,936 (2021)
-€7,265▼ €6,904
peak €122,735 (2023)
€115,109▼ 5.9%
€2,155▲ 24×
Board1 name since 2021
1 directorLetot Sylvie
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from €3,336 to -€5,224Loss of €7,265Debts from €89 to €2,155Cash from €84,877 to €58,174
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2007
The last five annual accounts were filed 37 to 64 days before the end of the period.
Position in the sector
98.2%
Higher solvency than 95% of companies in retail trade. Sector median 33.1% · 22,939 companies.
Turnover not published (micro format)
Checked score
95
Excellent
Financially stronger than 60% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €7,265, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 54.37, cash €58,174
Equity €115,109 (98.2% of total assets)
Founded in 2006
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 99% on liquidity, 18% on profitability and 30% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as MAVACA has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAVACA itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 12,322 companies, not a prediction for MAVACA. 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.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 54.37, above the usual 1.5. Short-term debt is 1.8% and cash 49.6% of total assets. 1.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€7,265
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 days early
2024
64 days early
2023
50 days early
2022
45 days early
2021
37 days early
2020
39 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0884716907
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“La réalisation de tous travaux de placement,d'entretien et de réparation d'installations de chauffage central…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: LETOT (director) · General meeting of 17-11-2023 · Gazette deed
First establishment
MAVACA SPRL, Rue Parmentier (L.L) 38, La Louvière
Incorporation
published on 13-11-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAVACA La Louvière | - | - | 98.2% | - |
| DECO MEUBLES Charleroi | - | - | -36.2% | - |
| REF TRADING Zemst | - | - | 14.3% | - |
| DECOTI Anderlecht | €132,646 | -15.1% | -5.7% | - |
| MISTER TEAK Lede | - | - | 5.8% | - |
| MEGA CARPET Houthalen-Helchteren | - | - | 2.3% | - |
| Living by Annelies Overijse | €166,584 | -29.0% | -415.2% | - |
These companies have the same main activity as MAVACA: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €96,700 and €130,000, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 02-11-2006Normal situation
- Activity
- Retail sale of household furnitureNACE 47551
- Establishment unit
- 2.157.326.2237100 La Louvière, since 14-11-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €117,264▼ 4.2%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on MAVACA
MAVACA files the micro format. That format states no turnover. The gross margin rose from -€8,417 in 2007 to -€5,224 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAVACA
- What is the company number of MAVACA?
- The company number of MAVACA is 0884.716.907. The VAT number is the same number with BE in front: BE 0884.716.907.
- Where is MAVACA based?
- The registered office is at Rue Parmentier (L.L) 38, 7100 La Louvière.Company details
- What does MAVACA do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of MAVACA?
- MAVACA is a private limited company (BV).
- When was MAVACA founded?
- MAVACA was founded on 02-11-2006.
- Is MAVACA still active?
- Yes, MAVACA is an active enterprise in the KBO register.
- What is the turnover of MAVACA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is MAVACA profitable?
- In financial year 2025, MAVACA made a loss of €7,265.
- Where can I find the annual accounts of MAVACA?
- MAVACA filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAVACA due?
- MAVACA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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