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MAVEKO

Active Private limited companyfounded 2006active for 19 yearsRollegembosstraat 19, 8880 LedegemKBO/BCE: BE 0885.720.856

Lifetime

18 annual accounts with figures on one time axis
peak €24,812 (2023)
€15,791▼ 6.3%
lowest -€17,142 (2022)
€3,072▼ 17.5%
peak €37,399 (2011)
€7,492▲ 69.5%
€36,403▼ 3.9%
Board1 name since 2015
Documentsfilings and deeds
27-04-20263 days before the deadline
2025micro format
Equity from €4,420 to €7,492Cash from €10,229 to €13,304

Key points

from the 2025 annual accounts

Turnover

≈ €92,000 estimated

The micro format states no turnover.

Debts

€36,403 83% of the balance sheet
Suppliers 7%Taxes and wages 8%Other 85%

Of this, €35,876 falls due within a year.

Filings

18 annual accounts since 2008
deadline2010201520202025

The 2019 accounts came 4 days late. The other nine of the last ten were filed on time.

Checked score

93
Excellent
Financially stronger than 57% of micro companies in sports and recreation (NACE 93)
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: 0.3% across 4,270 companies (NACE 93, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.1%▼ -0.3 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

42+7equity 17.1% of total assets
43+4short-term debt 81.7% · cash 30.3%
77+3return on assets 7.0%

Score breakdown

raises risk
Equity €7,492 (17.1% of total assets)
lowers risk
Liquidity: current ratio 0.47, cash €13,304
Sector: Sports, amusement and recreation activities (NACE 93)
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 93, micro). It does better than 40% of them on solvency, 38% on liquidity, 64% on profitability and 87% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.

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, 5,053 companies had the same profile as MAVEKO has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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

The bankruptcy probability of MAVEKO itself is lower: 0.1% within 12 months. It rests on far more data about MAVEKO than the profile alone.

Test of the method

The method was tested on the 497,447 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 5,053 companies, not a prediction for MAVEKO. 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 €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.47 (0.42 in 2024), below 1. Short-term debt is 81.7% and cash 30.3% of total assets. 82.9% 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
lowers risk · Liquidity: current ratio 0.47, cash €13,304
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Equity €7,492 (17.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €7,492
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
30 days early
2023
36 days early
2022
2 days early
2021
1 day early
2020
on the day
2019
4 days late
← 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 10 days before the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VK
Director, since 18-12-2023
Board & ownership

Recent changes

Change of role: VERGAUWEN Konstantijn, from manager to director Director discharge: VERGAUWEN Konstantijn · Gazette deed
Resignation: Valcke Elien (manager) Director discharge: Valcke Elien (manager) · General meeting of 31-05-2018 · Gazette deed
First establishment Rollegembosstraat 19, Ledegem
Incorporation published on 28-12-2006 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
MAVEKO Ledegem €43,895 €15,791 17.1% -
VERHENCO Langemark-Poelkapelle €53,069 €14,474 -322.9% -
ZENNA FORME Etterbeek €40,524 €16,806 -14.4% -
MANEGE STEENBERG Merchtem €35,040 €16,117 -1331.0% -
Jinjoo Company Leopoldsburg €62,915 €11,568 49.8% -
AMENAGEMENT VERSTREPEN Jemeppe-sur-Sambre €44,147 €11,776 74.0% -
IMMORENO Namur €42,331 €19,339 -89.0% -

These companies have the same main activity as MAVEKO: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €35,000 and €62,900, founded between 1998 and 2012.

Official details

Source: KBO
Status
Active since 18-12-2006Normal situation
Activity
Operation of sports facilitiesNACE 93110and 2 others
Establishment unit
2.159.758.4488880 Ledegem, since 22-02-2007
Financial year end
30 September
Peppol
Reachable
Company details

Annual accounts to 30-09-2025

€43,895▲ 3.8%
Filing
Filed on 27-04-2026, 3 days before the end of the filing period
Financials

Insights on MAVEKO

MAVEKO files the micro format. That format states no turnover. The gross margin rose from €7,968 in 2008 to €15,791 in 2025.

The balance sheet grew most from 2015 to 2016 through fixed assets.

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 MAVEKO

What is the company number of MAVEKO?
The company number of MAVEKO is 0885.720.856. The VAT number is the same number with BE in front: BE 0885.720.856.
Where is MAVEKO based?
The registered office is at Rollegembosstraat 19, 8880 Ledegem.Company details
What does MAVEKO do?
According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of MAVEKO?
MAVEKO is a private limited company (BV).
When was MAVEKO founded?
MAVEKO was founded on 18-12-2006.
Is MAVEKO still active?
Yes, MAVEKO is an active enterprise in the KBO register.
What is the turnover of MAVEKO?
The turnover in financial year 2025 is ≈ €92,000. This figure is estimated from the gross margin of €15,791 and 45 comparable companies (NACE 931). It probably lies between €41,000 and €220,000. It is a rough estimate.Financials
Is MAVEKO profitable?
In financial year 2025, MAVEKO made a profit of €3,072.
Where can I find the annual accounts of MAVEKO?
MAVEKO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MAVEKO due?
MAVEKO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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