Mavilo
ActiveSummary
The computed 12-month bankruptcy probability of Mavilo is 1.7% (moderate). The 2025 annual accounts show negative equity (-€716) and a net result of €53,196. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 10485 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+21
Solvency25▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.69 in 2024; short-term debt: 79% and cash: 18.1% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10485 sector peers (2025).
NBB · sector comparisonPosition among 10485 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
45 d early
2023
7 d early
2022
11 d early
2021
31 d early
2020
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 employer in Langemark-Poelkapelle
Equity
-€716▲ 98.7%
2024 · -€53,912
Total assets
€1.4m▼ 7.4%
2024 · €1.5m
Net result
€53,196
2024 · -€28,794
Working capital
-€277,981▲ 21.9%
2024 · -€355,999
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€51,599▲ 608%€77,694▲ 50.6%-€70,881€8,294€85,237▲ 928%
Net result€35,141within the sector's middle half€56,577within the sector's middle half▲ 61.0%-€116,358below the sector's middle half-€28,794below the sector's middle half▲ 75.3%€53,196within the sector's middle half
Equity€34,663below the sector's middle half€91,240below the sector's middle half▲ 163%-€25,117below the sector's middle half-€53,912below the sector's middle half▼ 115%-€716below the sector's middle half▲ 98.7%
Total assets€1.5mwithin the sector's middle half▲ 3.8%€1.6mwithin the sector's middle half▲ 12.6%€1.7mwithin the sector's middle half▲ 1.1%€1.5mwithin the sector's middle half▼ 10.3%€1.4mwithin the sector's middle half▼ 7.4%
Debt€1.4m▲ 1.3%€1.6m▲ 8.9%€1.7m▲ 8.7%€1.5m▼ 8.4%€1.4m▼ 10.6%
Working capital-€314,250▲ 19.1%-€310,784▲ 1.1%-€352,134▼ 13.3%-€355,999▼ 1.1%-€277,981▲ 21.9%
Solvency2.4%below the sector's middle half▲ 2.4pp5.6%below the sector's middle half▲ 3.2pp-1.5%below the sector's middle half▼ 7.1pp-3.6%below the sector's middle half▼ 2.1pp-0.1%below the sector's middle half▲ 3.6pp
Staff (FTE)10.5above the sector's middle half▲ 38.2%12.6above the sector's middle half▲ 20.0%12.3above the sector's middle half▼ 2.4%12.6above the sector's middle half▲ 2.4%12.7above the sector's middle half▲ 0.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 928% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€568,214 ▼ 20.7%
Current assets
€812,331 ▲ 4.8%
Key figures and ratios
EBITDA
€230,492▲
2024 · €161,422
Cash flow
€198,452▲
2024 · €124,334
Current ratio
0.75▲
2024 · 0.69
Quick ratio
0.32▲
2024 · 0.22
ROA
3.9%▲
2024 · -1.9%
Interest coverage
7.24▲
2024 · 4.35
Debt ≤ 1 year
€1.1m▼
2024 · €1.1m
Debt > 1 year
€290,949▼
2024 · €414,109
Income taxes
€408▲
2024 · €304
Staff costs
€473,358▼
2024 · €493,733
Equity ratios withheld: equity of -€716 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
1.8%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | €1,101 | €0 | €165 | - |
| Remuneration, social security and pensions62 | €328,381 | €422,055 | €559,702 | €493,733 | €473,358 | ▼ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100,788 | €121,100 | €140,307 | €153,128 | €145,255 | ▼ 5.1% |
| Other operating charges640/8 | €873 | €2,502 | €7,708 | €15,691 | €2,154 | ▼ 86.3% |
| Gross operating margin9900 | €481,641 | €623,352 | €636,836 | €670,845 | €706,004 | ▲ 5.2% |
| Operating profit (loss)9901 | €51,599 | €77,694 | -€70,881 | €8,294 | €85,237 | ▲ 928% |
| Financial income75/76B | €265 | €917 | €2,116 | €302 | €189 | ▼ 37.6% |
| Recurring financial income75 | €265 | €917 | €2,116 | €302 | €189 | ▼ 37.6% |
| Financial charges65/66B | €16,614 | €21,834 | €47,299 | €37,086 | €31,821 | ▼ 14.2% |
| Recurring financial charges65 | €16,614 | €21,834 | €47,299 | €37,086 | €31,821 | ▼ 14.2% |
| Profit (loss) for the period before taxes9903 | €35,250 | €56,777 | -€116,065 | -€28,490 | €53,604 | ▲ 288% |
| Income taxes67/77 | €110 | €200 | €293 | €304 | €408 | ▲ 34.1% |
| Profit (loss) for the period9904 | €35,141 | €56,577 | -€116,358 | -€28,794 | €53,196 | ▲ 285% |
| Profit (loss) for the period to be appropriated9905 | €35,141 | €56,577 | -€116,358 | -€28,794 | €53,196 | ▲ 285% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.6m | €1.7m | €1.5m | €1.4m | ▼ 7.4% |
| Fixed assets21/28 | €791,266 | €838,379 | €823,199 | €716,196 | €568,214 | ▼ 20.7% |
| Tangible fixed assets22/27 | €791,266 | €838,379 | €823,199 | €716,196 | €568,214 | ▼ 20.7% |
| Plant, machinery and equipment23 | €350,129 | €387,144 | €438,769 | €397,400 | €313,515 | ▼ 21.1% |
| Furniture and vehicles24 | €21,540 | €64,958 | €50,406 | €37,024 | €20,250 | ▼ 45.3% |
| Other tangible fixed assets26 | €419,597 | €386,277 | €334,025 | €281,772 | €234,449 | ▼ 16.8% |
| Current assets29/58 | €668,348 | €805,016 | €838,797 | €775,280 | €812,331 | ▲ 4.8% |
| Stocks and contracts in progress3 | €479,172 | €583,636 | €582,991 | €525,381 | €458,683 | ▼ 12.7% |
| Stocks30/36 | €479,172 | €583,636 | €582,991 | €525,381 | €458,683 | ▼ 12.7% |
| Amounts receivable within one year40/41 | €80,244 | €98,473 | €63,036 | €102,128 | €88,259 | ▼ 13.6% |
| Trade receivables40 | €34,561 | €16,559 | €23,358 | €16,932 | €10,049 | ▼ 40.7% |
| Other amounts receivable41 | €45,683 | €81,914 | €39,678 | €85,197 | €78,210 | ▼ 8.2% |
| Cash at bank and in hand54/58 | €101,167 | €118,968 | €186,495 | €131,316 | €249,417 | ▲ 89.9% |
| Deferred charges and accrued income490/1 | €7,765 | €3,937 | €6,275 | €16,454 | €15,972 | ▼ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.6m | €1.7m | €1.5m | €1.4m | ▼ 7.4% |
| Equity10/15 | €34,663 | €91,240 | -€25,117 | -€53,912 | -€716 | ▲ 98.7% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €24,663 | €81,240 | €0 | - | - | - |
| Distributable reserves133 | €24,663 | €81,240 | €0 | - | - | - |
| Profit (loss) carried forward14 | €0 | - | -€35,117 | -€63,912 | -€10,716 | ▲ 83.2% |
| Amounts payable17/49 | €1.4m | €1.6m | €1.7m | €1.5m | €1.4m | ▼ 10.6% |
| Amounts payable after more than one year17 | €442,353 | €436,355 | €496,183 | €414,109 | €290,949 | ▼ 29.7% |
| Financial debts170/4 | €442,353 | €436,355 | €496,183 | €414,109 | €290,949 | ▼ 29.7% |
| Amounts payable within one year42/48 | €982,598 | €1.1m | €1.2m | €1.1m | €1.1m | ▼ 3.6% |
| Current portion of amounts payable after more than one year42 | €58,958 | €83,329 | €111,873 | €121,100 | €123,161 | ▲ 1.7% |
| Financial debts43 | - | €300,000 | €305,154 | €304,422 | €303,684 | ▼ 0.2% |
| Credit institutions430/8 | - | €300,000 | €305,154 | €304,422 | €303,684 | ▼ 0.2% |
| Trade debts44 | €489,420 | €467,719 | €489,325 | €419,045 | €418,691 | ▼ 0.1% |
| Suppliers440/4 | €489,420 | €467,719 | €489,325 | €419,045 | €418,691 | ▼ 0.1% |
| Advances received on contracts in progress46 | - | - | - | €2,923 | €120 | ▼ 95.9% |
| Taxes, remuneration and social security45 | €59,136 | €65,568 | €96,112 | €73,896 | €83,882 | ▲ 13.5% |
| Taxes450/3 | €6,893 | €7,035 | €8,122 | €9,476 | €20,095 | ▲ 112% |
| Remuneration and social security454/9 | €52,243 | €58,533 | €87,990 | €64,421 | €63,787 | ▼ 1.0% |
| Other amounts payable47/48 | €375,084 | €199,184 | €188,467 | €209,893 | €160,775 | ▼ 23.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,141 | €56,577 | -€116,358 | -€28,794 | €53,196 | ▲ 285% |
| + Depreciation and write-downs630 | €100,788 | €121,100 | €140,307 | €153,128 | €145,255 | ▼ 5.1% |
| Operating cash flow (approximation) | €135,928 | €177,677 | €23,950 | €124,334 | €198,452 | ▲ 59.6% |
| Investment in fixed assets (approximation) | - | -€168,214 | -€125,127 | -€46,125 | €2,727 | ▲ 106% |
| Change in cash | - | €17,801 | €67,527 | -€55,179 | €118,101 | ▲ 314% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €53,196
Net result €53,196 after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€116,358
Net result drops to -€116,358, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2020net €56,577 ▲61%
Net result €56,577, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €35,141
Net result €35,141 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated 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, Langemark-Poelkapelle · 1 establishment unit since 2019
Ground area
1,443 m²
Building footprint
1,114 m²
Parcel 33014A0946/00C017, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Mavilo
since 20192.297.381.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33014A0946/00C017 | Flanders | 1,443 m² | 1 · 1,114 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,493 EUR awarded · 1,493 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2023 | 1 | 912 EUR | 912 EUR |
| 2022 | 1 | 405 EUR | 405 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLangemark-Poelkapelle2.297.381.355
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,850. 4,655 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260Retail trade
47711Retail sale of women's outerwear
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739985977
Also
9925:BE0739985977
Registered
15-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.