Equity
€884 from €88,868 in 2019
Equity fell by 99% in 6 years.
MAVID
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €71,519 (2008)
€10,168▼ 0.9%
lowest -€17,665 (2013)
-€5,529▲ €2,226
peak €88,868 (2019)
€884▼ 86.2%
€56,982▲ 8.7%
Board2 names since 2005
1 directorMALFAIT David
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Loss of €5,529Equity from €6,413 to €884Cash from €2,444 to €13,719
Key points
from the 2025 annual accountsLosses
-€13,284 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €47,000 estimated
The micro format states no turnover.
Debts
€56,982 98% of the balance sheet
Financial debts 36%Suppliers 0%Taxes and wages 39%Other 25%
Of this, €36,998 falls due within a year.
Filings
21 annual accounts since 2005
Four of the last ten came late. The 2025 accounts came latest: 55 days after the end of the period.
Position in the sector
€884
Less equity than 90% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
Checked score
53
Fair
Financially stronger than 16% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
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: 0.3%▲ +0.3 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.5 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €5,529, the second in a row (financial year 2025)
Last filed accounts filed 55 days late; 1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €57,866
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 70, micro). It does better than 10% of them on solvency, 26% on liquidity, 23% on profitability and 6% 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, 974 companies had the same profile as MAVID has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MAVID itself is lower: 0.3% within 12 months. It rests on far more data about MAVID than the profile alone.
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 974 companies, not a prediction for MAVID. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.41 (0.12 in 2024), below 1. Short-term debt is 63.9% and cash 23.7% of total assets. 98.5% 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
Seven 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 -€5,529
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 39376 sector peers (2025).
NBB · sector comparisonPosition among 39376 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
55 days late
2024
66 days early
2023
43 days early
2022
52 days early
2021
39 days early
2020
75 days early
2019
4 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 32 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 19 June (4 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 0208:0873896457
2 directors appointed, 1 reappointment
Appointments: MALFAIT David (statutory director) and ROELANTS du Vivier Valentine Amélie Marie Alix Pauline Axelle (statutory director) · Reappointment: MALFAIT David · General meeting of 28-11-2023 · Gazette deed
First establishment
Minervalaan 24, Forest
Incorporation
published on 27-05-2005 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAVID Forest | €57,866 | €10,168 | 1.5% | - |
| CASSATA Antwerp | €57,186 | €9,786 | 70.9% | - |
| CLEF DES VILLES - CLEF DES CHAMPS Wavre | €63,330 | €10,404 | 95.0% | - |
| GOODTHINGS Thuin | €58,357 | €10,455 | 58.6% | - |
| COMIVIGO Ghent | €56,529 | €9,159 | 65.6% | - |
| HaDé Consult Kortrijk | €59,358 | €10,717 | 51.8% | - |
| B&B ADVICE Kasterlee | €52,324 | €9,475 | 22.8% | - |
These companies have the same main activity as MAVID: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €52,300 and €63,300, founded between 2003 and 2007.
Official details
Source: KBO- Status
- Active since 19-05-2005Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.147.862.8821190 Forest, since 17-06-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 10-03-2025
Insights on MAVID
MAVID files the micro format. That format states no turnover. The gross margin fell from €35,237 in 2006 to €10,168 in 2025.
The balance sheet grew most from 2007 to 2009 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 MAVID
- What is the company number of MAVID?
- The company number of MAVID is 0873.896.457. The VAT number is the same number with BE in front: BE 0873.896.457.
- Where is MAVID based?
- The registered office is at Minervalaan 24, 1190 Forest.Company details
- What does MAVID do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MAVID?
- MAVID is a private limited company (BV).
- When was MAVID founded?
- MAVID was founded on 19-05-2005.
- Is MAVID still active?
- Yes, MAVID is an active enterprise in the KBO register.
- What is the turnover of MAVID?
- The turnover in financial year 2025 is ≈ €47,000. This figure is estimated from the gross margin of €10,168 and 206 comparable companies (NACE 70200). It probably lies between €22,000 and €94,000. It is a rough estimate.Financials
- Is MAVID profitable?
- In financial year 2025, MAVID made a loss of €5,529.
- Where can I find the annual accounts of MAVID?
- MAVID filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAVID due?
- MAVID must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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