MAVI Construction
ActiveMAVI Construction has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €-9k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 33% of 7431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-80
Solvency52▼-9
Growth22▼-30
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.33 in 2024; short-term debt: 51.6% and cash: 9.5% of total assets), and 72.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.5%
Return on assets
-6%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
47 d late
2023
141 d late
2022
60 d late
2021
75 d late
2020
89 d late
2019
112 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€63k▼ 66.1%
2024 · €187k
2023: €233k
2024: €187k
2023 → 2025
EBIT margin
-12.9%▼ 30.2pp
2024 · 17.3%
2023: -1.3%
2024: 17.3%
2023 → 2025
Net result
€-9k
2024 · €22k
2018: €6k
2019: €2k
2020: €-17k
2021: €11k
2022: €2k
2023: €-10k
2024: €22k
2018 → 2025
Working capital
€-47k▼ 23.4%
2024 · €-38k
2018: €-16k
2019: €-15k
2020: €-34k
2021: €-27k
2022: €-26k
2023: €-38k
2024: €-38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€233k€187k▼ 19.9%€63k▼ 66.1%
Equity€39k-€41k▲ 6.1%€31k▼ 25.5%€53k▲ 72.0%€43k▼ 17.9%
Operating result€16k-€9k▼ 44.2%€-3k€32k€-8k
Net result€11k-€2k▼ 77.9%€-10k€22k€-9k
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 €8k after €32k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€123k▼ 3.7%
Current assets
€34k▲ 78.2%
Equity and liabilities €157k
Equity
€43k▼ 17.9%
Debt
€114k▲ 20.8%
The debt ratio rises from 64.2% to 72.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-886▼
2024 · €42k
Cash flow
€-2k▼
2024 · €32k
Solvency
27.5%▼
2024 · 35.8%
Current ratio
0.42▲
2024 · 0.33
Quick ratio
0.42▲
2024 · 0.33
Debt / equity
2.64▲
2024 · 1.79
ROE
-21.8%▼
2024 · 41.9%
ROA
-6.0%▼
2024 · 15.0%
Interest coverage
-0.71▼
2024 · 9.33
Debt
€114k▲
2024 · €94k
Debt ≤ 1 year
€81k▲
2024 · €57k
Debt > 1 year
€33k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€147k€157k▲
Fixed assets21/28€128k€123k▼
Tangible fixed assets22/27€128k€123k▼
Land and buildings22€125k€120k▼
Furniture and vehicles24€3k€3k▲
Financial fixed assets28€50€50=
Current assets29/58€19k€34k▲
Amounts receivable within one year40/41€12k€19k▲
Trade receivables40-€19k
Other amounts receivable41€12k€6▼
Cash at bank and in hand54/58€6k€15k▲
Deferred charges and accrued income490/1€910-
Equity and liabilities
Total equity and liabilities10/49€147k€157k▲
Equity10/15€53k€43k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€32k€23k▼
Amounts payable17/49€94k€114k▲
Amounts payable after more than one year17€37k€33k▼
Financial debts170/4€37k€33k▼
Amounts payable within one year42/48€57k€81k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€19k€23k▲
Suppliers440/4€19k€23k▲
Advances received on contracts in progress46-€17k
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€29k€31k▲
Accrued charges and deferred income492/3€404€104▼
Income statement
Code20242025
Turnover70€187k€63k▼
Goods, raw materials, services and sundry goods60/61€139k€79k▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€5k€11k▲
Non-recurring operating charges66A€698-
Gross operating margin9900€48k€10k▼
Operating profit (loss)9901€32k€-8k▼
Financial income75/76B€17€0▼
Recurring financial income75€17€0▼
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€28k€-9k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€22k€-9k▼
Profit (loss) for the period to be appropriated9905€22k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€23k▼
Profit (loss) brought forward from the previous period14P€10k€32k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-17k ▼1161%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
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.
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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, Virton · 1 establishment unit since 2009
Ground area
489 m²
Building footprint
125 m²
Volume, LiDAR
1,013 m³
Parcel 85045B1214/00E000, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MAVI Construction
since 20092.181.600.472
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85045B1214/00E000 | Wallonia | 489 m² | 1 · 125 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,946 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2009
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:0477560309
Phone:+32477560309