Summary
MAVIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €937,172 and a net result of €118,137. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 94% of 9,736 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 1 FTE
- Equity
- €937,172
- Profit
- €118,137
- DE BELDER CarolDirector
- VERHEYEN WillemDirector
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 16 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Liquidity more than triplescurrent ratio 14.67
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 9% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €26,886 | €38,829 | ▲ 44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,590 | €19,810 | €12,870 | €12,470 | €17,213 | €21,299 | €20,326 | €16,336 | ▼ 19.6% |
| Other operating charges640/8 | - | - | - | €894 | €1,952 | €1,794 | €1,986 | €1,844 | ▼ 7.2% |
| Gross operating margin9900 | €221,771 | €219,150 | €167,054 | €190,445 | €97,028 | €177,422 | €214,428 | €207,733 | ▼ 3.1% |
| Operating profit (loss)9901 | €203,138 | €198,031 | €153,229 | €177,082 | €77,863 | €154,328 | €165,230 | €150,723 | ▼ 8.8% |
| Financial income75/76B | - | - | - | €4 | €0 | - | €28 | €15,763 | ▲ 566× |
| Recurring financial income75 | €332 | €16 | €18 | €4 | €0 | - | €28 | €15,763 | ▲ 566× |
| Financial charges65/66B | - | - | - | €1,514 | €1,072 | €2,683 | €3,095 | €3,863 | ▲ 24.8% |
| Recurring financial charges65 | €69,564 | €5,342 | €2,820 | €1,514 | €1,072 | €2,683 | €3,095 | €3,863 | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | €133,906 | €192,705 | €150,428 | €175,571 | €76,792 | €151,645 | €162,163 | €162,624 | ▲ 0.3% |
| Income taxes67/77 | €40,447 | €64,327 | €53,272 | €28,506 | €53,730 | €60,413 | €44,376 | €44,486 | ▲ 0.2% |
| Profit (loss) for the period9904 | €93,459 | €128,378 | €97,155 | €147,065 | €23,062 | €91,232 | €117,787 | €118,137 | ▲ 0.3% |
| Profit (loss) for the period to be appropriated9905 | €93,459 | €128,378 | €97,155 | €147,065 | €23,062 | €91,232 | €117,787 | €118,137 | ▲ 0.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.7m | €0.8m | €0.9m | €0.9m | €1.0m | €1.0m | €1.0m | ▼ 2.3% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 3.5% |
| Tangible fixed assets22/27 | €0.05m | €0.04m | €0.05m | €0.09m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 19.2% |
| Land and buildings22 | - | - | - | €0.03m | €0.05m | €0.05m | €0.05m | €0.04m | ▼ 11.2% |
| Plant, machinery and equipment23 | - | - | - | €0.009m | €0.01m | €0.01m | €0.007m | €0.02m | ▲ 148% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.06m | ▲ 28.9% |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Current assets29/58 | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | ▼ 8.8% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 12.1% |
| Trade receivables40 | - | - | - | €0.004m | €0.004m | €0.004m | €350 | €0.002m | ▲ 554% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 11.5% |
| Current investments50/53 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.1m | €0.07m | ▼ 47.4% |
| Cash at bank and in hand54/58 | - | €0.02m | €0.08m | €0.03m | €0.03m | €0.06m | €0.03m | €0.01m | ▼ 46.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.003m | €0.003m | €0.007m | €0.008m | ▲ 12.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €0.8m | €0.9m | €0.9m | €1.0m | €1.0m | €1.0m | ▼ 2.3% |
| Equity10/15 | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €0.9m | €1.0m | €0.9m | ▼ 4.3% |
| Contributions10/11 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | - | - | - | - |
| Capital10 | - | - | - | €0.006m | €0.006m | - | - | - | - |
| Issued capital100 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Uncalled capital101 | - | - | - | €0.01m | €0.01m | - | - | - | - |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.008m | €0.008m | €0.008m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.008m | €0.008m | €0.008m | = |
| Profit (loss) carried forward14 | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €0.9m | €1.0m | €0.9m | ▼ 4.3% |
| Amounts payable17/49 | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | €0.03m | €0.05m | ▲ 57.1% |
| Amounts payable after more than one year17 | €0.1m | €0.01m | €0.004m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | €0.03m | €0.05m | ▲ 57.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.01m | - | - | - | - |
| Financial debts43 | - | - | - | - | €0.002m | €0.007m | - | - | - |
| Credit institutions430/8 | - | - | - | - | €0.002m | €0.007m | - | - | - |
| Trade debts44 | €0.04m | €0.005m | €0.06m | €0.06m | €0.07m | €0.04m | €0.02m | €0.03m | ▲ 11.8% |
| Suppliers440/4 | - | - | - | €0.06m | €0.07m | €0.04m | €0.02m | €0.03m | ▲ 11.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.004m | €0.04m | €0.009m | €0.03m | ▲ 170% |
| Taxes450/3 | - | - | - | €0.01m | €0.004m | €0.04m | €0.006m | €0.02m | ▲ 232% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.003m | €0.005m | ▲ 48.7% |
| Other amounts payable47/48 | - | - | - | €53 | €0.03m | €79 | €79 | €79 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.001m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,459 | €128,378 | €97,155 | €147,065 | €23,062 | €91,232 | €117,787 | €118,137 | ▲ 0.3% |
| + Depreciation and write-downs630 | €17,590 | €19,810 | €12,870 | €12,470 | €17,213 | €21,299 | €20,326 | €16,336 | ▼ 19.6% |
| Operating cash flow (approximation) | €111,049 | €148,188 | €110,025 | €159,535 | €40,274 | €112,532 | €138,113 | €134,474 | ▼ 2.6% |
| Investment in fixed assets (approximation) | - | -€10,598 | -€22,816 | -€51,737 | -€32,405 | -€27,669 | -€7,694 | -€35,136 | ▼ 357% |
| Change in cash | - | - | €53,575 | -€52,646 | -€193 | €33,843 | -€32,911 | -€12,169 | ▲ 63.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00201836 |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00390880 |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00348987 |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00358412 |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20267590 |
| 31-12-2020 | micro format | 17-08-2021 | 2021-50000182 |
| 31-12-2019 | micro format | 14-10-2020 | 2020-61500123 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-54900190 |
| 31-12-2017 | micro format | 01-08-2018 | 2018-43200547 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-54000013 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE BELDER Carol |
|
| VERHEYEN Willem |
|
Owners and capital
Capital and shareholders
- 10-03-2023 Converted to unavailable equity · €8,060
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-03
Gazette deed
Reappointment: VERHEYEN Willem (director)Appointment: DE BELDER Carol (bestuurder opvolger) · Registered-office move · Transfer restriction15 facts ▸
- General meeting, 15-02-2023
- Registered-office move, Vlaamse Gewest
- Transfer restriction, “overdracht van aandelen onder levenden en bij overlijden, instemming van alle aandeelhouders” (deed in Dutch)
- Other provision, “van rechtswege, in regel brengen met Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “niet-opgevraagde inbreng, plaatsen op rekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “beschikbaar stellen van statutair onbeschikbare eigen vermogensrekening, opschortende voorwaarde van bekendmaking in de bijlagen bij het Belgisch Staatsblad” (deed in Dutch)
- Amendment of the articles
- Capital
- Power of attorney, Maxime Ruiters
- Director reappointment, VERHEYEN Willem (director)
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11472B0088/00X003 | Flanders | 1,612 m² | 1 · 247 m² | 12.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het leveren van studies en analyses in de staalsector,het leveren van staalproducten en management prestaties,dit in de meest ruime zin van…” (deed in Dutch)
15 activities (deed in Dutch)
- Het leveren van studies en analyses in de staalsector,het leveren van staalproducten en management prestaties,dit in de meest ruime zin van het woord.
- Het verkopen,verhuren,aankopen van alle materialen die betrekking hebben met de verrichte studies en analysewerkzaamheden,tevens groot-als kleinhandel in staalproducten en toebehoren.
- Het grafisch ontwerpen,designen van kaarten,brochures en logo’s,inclusief fotografie noodzakelijk om dit te realiseren.
- Het fabriceren,handelen en ontwerpen van lederwaren,het kopen en verkopen van lederwaren,eveneens de handel in alle toebehoren voor lederwaren,dit zowel in klein-als groothandel.
- Het verkopen,verhuren,aankopen van alle materialen die betrekking hebben op de verrichte studies en analysewerkzaamheden.
- Het aangaan van licentieovereenkomsten,het verkrijgen van rechten,het verdelen van deze rechten zowel in binnen-als buitenland.
- Het beheren en aanleggen van roerende en onroerende vermogens,in het buitenland zowel als in het binnenland.
- Het toestaan van leningen met of zonder hypothecaire waarborgen;het nemen van belangen in alle ondernemingen,zelfs indien het voorwerp van deze niet gelijkaardig,analoog,verwant of nuttig is voor de verwezenlijking van haar maatschappelijk doel.
- Het uitvoeren van de functie van bestuurder,of vereffenaar van vennootschappen;het verlenen van advies en consulting in verband met het bestuur van vennootschappen.
- De vennootschap mag alle industriële,commerciële en financiële,roerende en onroerende verrichtingen doen,die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het maatschappelijk doel,kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Dit alles zowel voor eigen rekening als voor rekening van derden of in deelneming met derden.
- De vennootschap mag zich ook toeleggen op alle administratieve,industriële,commerciële,financiële,roerende of onroerende verrichtingen die van aard zijn de verwezenlijking van haar doel te bevorderen.
- De vennootschap mag bij wijze van inbreng,opslorping,fusie,inschrijving,geldschieting of op om het even welke wijze belangen nemen in andere bedrijven of vennootschappen,zelfs indien het doel ervan niet gelijkaardig is of geen verband van samenhorigheid of samenhang vertoont met het hare.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar maatschappelijk doel of die van aard zouden zijn dat zij de verwezenlijking van dit doel,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend doel met het hare,of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAVIN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2650 Edegem,Hovestraat 148” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, alle handelingen nodig of dienstig tot verwezenlijking voorwerp overeenkomstig artikel 5:73 WVV uitgezonderd handelingen…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00