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MAVE

Active Private limited company (pre-2019)founded 1990active for 36 yearsSlekhoevevelden 9, 2860 Sint-Katelijne-WaverKBO/BCE: BE 0441.015.250

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €365,443 (2025)
€365,443▲ 4.6%
lowest -€70,807 (2013)
€108,808▲ 7.9%
peak €778,085 (2025)
€778,085▲ 15.5%
€307,158▼ 25.2%
peak 5.7 FTE (2023)
5.5 FTEunchanged
Board1 name since 2021
1 director
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Equity from €673,544 to €778,085Debts from €410,426 to €307,158Cash from €538,242 to €297,159

Key points

from the 2025 annual accounts

Equity

€778,085 ▲ 15.5%

MAVE has made a profit without a break since 2014.

Staff

5 employees on 31-12-2025
5454202132202244442023109108202448492025

In 2025, 48 people joined and 49 left.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2017 accounts came latest: 11 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as MAVE has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 31,356 companies, not a prediction for MAVE. 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441015250
Capital decrease of €31,973.38 to €30,000 Capital from €61,973.38 to €30,000 · General meeting of 22-12-2017 · Gazette deed
First establishment Slekhoevevelden 9, Sint-Katelijne-Waver
Incorporation published on 31-07-1990 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
MAVE Sint-Katelijne-Waver €1.1m €365,443 71.2% 5.5
De Weerdt - Rockelé Rumst €1.2m €364,575 58.5% 4.7
CULTIVA Hooglede €1.1m €365,085 52.4% 6.2
VERVLOET GROENTENTEELT Westerlo €1.5m €552,809 57.2% 6.7
LAUWERS Putte €1.0m €360,630 58.6% 8.4
CHAMPIGNONKWEKERIJ ROSSEEL Zedelgem €1.5m €435,996 77.3% 4.1
VERSCHUEREN GUIDO Sint-Katelijne-Waver €1.2m €382,438 22.4% 4

These companies have the same main activity as MAVE: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €1m and €1.5m, founded between 1982 and 2001.

Official details

Source: KBO
Status
Active since 09-07-1990Normal situation
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Establishment unit
2.048.925.7532860 Sint-Katelijne-Waver, since 20-07-1990
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

≈ €920,000estimated
€1.1m=
Employeeson 31-12-2025
5▼ 16.7%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on MAVE

MAVE files the abbreviated format. That format states no turnover. The gross margin rose from €173,926 in 2006 to €365,443 in 2025.

The balance sheet grew most from 2009 to 2010 through fixed assets, financed with long-term debt.

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 MAVE

What is the company number of MAVE?
The company number of MAVE is 0441.015.250. The VAT number is the same number with BE in front: BE 0441.015.250.
Where is MAVE based?
The registered office is at Slekhoevevelden 9, 2860 Sint-Katelijne-Waver.Company details
What does MAVE do?
According to the KBO register, the main activity is growing of vegetables, melons, roots and tubers (NACE 01130).
What is the legal form of MAVE?
MAVE is a private limited company (pre-2019) (BVBA).
When was MAVE founded?
MAVE was founded on 09-07-1990.
Is MAVE still active?
Yes, MAVE is an active enterprise in the KBO register.
How many employees does MAVE have?
MAVE had an average of 5.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MAVE?
The turnover in financial year 2025 is ≈ €920,000. This figure is estimated from the gross margin of €365,443 and 30 comparable companies (NACE 01). It probably lies between €670,000 and €1.1m.
Is MAVE profitable?
In financial year 2025, MAVE made a profit of €108,808.
Where can I find the annual accounts of MAVE?
MAVE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAVE due?
MAVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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