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Complete company report
Generated 05-09-2026
Active BE 0846.778.623Private limited company

MaVin

Humaniteitslaan 102 ·1190 Vorst, Belgium· 14 yrs active
Sector: Event catering (56210)
Conclusion Checked

The computed 12-month bankruptcy probability of MaVin is 3.2% (moderate). The 2025 annual accounts show equity of €283k and a net result of €53k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 12499 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €283k
Net result €53k
Better than sector 76%
Active 14 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health90Profitability94Solvency99Growth52Stability100
87 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 90
Profitability 94
Solvency 99
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
3.2% Moderate
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2012, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
90 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€25k
estimate, not credit advice
Score history
93 2022
93 2023
100 2024
90 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 2.40 (≥ 1.5) +10
Quick ratio Quick ratio 2.39 (≥ 1.0) +5
Leverage Debt/equity 0.63 (< 1.0) +10
Profitability ROE 19% (≥ 10%) +10
Interest coverage Interest coverage 33.6× (≥ 3×) +8
Profit trend Net profit down YoY -3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview13 NBB filings
Annual accounts filed on 19-01-2026 with the NBB · fiscal year 2025 · micro schema
€0€50k€100k€150kOperating result 2022: €71k€71kNet result 2022: €69k€69kOperating result 2023: €57k€57kNet result 2023: €55k€55kOperating result 2024: €136k€136kNet result 2024: €92k€92kOperating result 2025: €83k€83kNet result 2025: €53k€53k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~18.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k€500k2026: €341k (€318k - €364k)2027: €386k (€364k - €409k)2028: €432k (€403k - €461k)2022: €157k2023: €207k2024: €299k2025: €283k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 61.5% 30.5%
better than 76% of 12499 sector peers
Net result €53k €5k
better than 90% of 12480 sector peers
Equity €283k €30k
better than 95% of 12526 sector peers
Gross operating margin €94k €62k
better than 61% of 12447 sector peers
Total assets €459k €116k
better than 89% of 12505 sector peers
EBITDA
€85k
-40.0% 22-25
Net profit
€53k
-42.5% 22-25
Cash flow
€55k
-43.4% 22-25
Total assets
€459k
+14.0% 22-25
Equity
€283k
-5.4% 22-25
Working capital
€245k
-12.6% 22-25
Employees (FTE)
3
-37.5% 22-25
Staff costs
€46k
+42.0% 22-25
Income taxes
€28k
-32.9% 22-25
Dividends
€69k
- 22-25
Debt
€177k
+69.4% 22-25
Debt ≤ 1y
€176k
+71.0% 22-25
Debt > 1y
€12k
-56.8% 22-25
Current ratio
2.40
-35.8% 22-25
Quick ratio
2.39
-35.7% 22-25
Solvency
61.5%
-17.0% 22-25
Debt / equity
0.63
+79.0% 22-25
ROE
18.7%
-39.3% 22-25
ROA
11.5%
-49.6% 22-25
Interest coverage
33.57
-31.7% 22-25
Figures by fiscal year and ratios
Fiscal year2025202420232022
Depositmicro schemamicro schemamicro schemamicro schema
Revenue----
EBITDA€85k€141k€81k€107k
Net profit€53k€92k€55k€69k
Cash flow€55k€97k€78k€105k
Staff costs--€46k€32k
Income taxes€28k€41k€7k€7k
Dividends€69k---
Total assets€459k€403k€312k€263k
Equity€283k€299k€207k€157k
Debt€177k€104k€105k€104k
of which ≤ 1y€176k€103k€90k€70k
of which > 1y--€12k€27k
Working capital€245k€280k€196k€145k
Employees (FTE)--2.54.0
Ratios (computed)
2025202420232022
Current ratio2.403.733.183.08
Quick ratio2.393.713.153.05
Working capital ratio53.4%69.6%63.0%55.2%
Solvency61.5%74.1%66.3%59.8%
Debt / equity0.630.350.510.66
Long-term debt ratio--0.060.17
Interest coverage33.5749.1327.3842.98
Gross margin----
Net margin----
ROA11.5%22.9%17.6%26.2%
ROE18.7%30.8%26.5%43.8%
EBITDA margin----
Days sales outstanding----
Days payable outstanding----
Inventory turnover----
Days inventory (DSI)----
Balance-sheet composition 2025
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025202420232022
Balance sheet, Assets
TOTAL ASSETS 20/58€459k€403k€312k€263k
Fixed assets 21/28€39k€20k€25k€48k
Tangible fixed assets 22/27€20k€1k€6k€29k
Financial fixed assets 28€19k€19k€19k€19k
Current assets 29/58€421k€383k€287k€215k
Stocks & contracts in progress 3€2k€2k€2k€2k
Amounts receivable within one year 40/41€123k€77k€77k€70k
Investments 50/53€50k€50k€50k-
Cash & bank 54/58€246k€254k€157k€143k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€459k€403k€312k€263k
Equity 10/15€283k€299k€207k€157k
Contributions / capital 10/11€10k€10k€10k€10k
Reserves 13€252k€268k€176k€71k
Accumulated profits (losses) 14€21k€21k€21k€71k
Provisions & deferred taxes 16---€1k
Amounts payable 17/49€177k€104k€105k€104k
Amounts payable after one year 17--€12k€27k
Amounts payable within one year 42/48€176k€103k€90k€70k
Trade debts payable within one year 44€25k€31k€30k€30k
Income statement
Gross operating margin 9900€94k€150k€140k€146k
Operating result 9901€83k€136k€57k€71k
Financial income 75€617€152€6k€6k
Financial charges 65€3k€3k€3k€2k
Result before taxes 9903€81k€133k€60k€75k
Income taxes 67/77€28k€41k€7k€7k
Net result for the period 9904€53k€92k€55k€69k
Result to be appropriated 9905€53k€92k€55k€69k
Directors & mandates 1 directors
Former directors (1)
  • DEGAND Olivier
    Director
    State Gazette act 20094429 (17-08-2020)
    Former
    06-02-2020 → 24-07-2023
    2 events
    • 24-07-2023 Resigned· Director
    • 06-02-2020 Appointed· Director
Legal Structure
NACE primary Event catering(56210)
Legal form Private limited company(610)
Incorporation22-06-2012
StatusActive
Postal code1190
Establishment units 2 locations
MaVin
Humaniteitslaan 100, 1190 VorstEvent catering
since 20182.282.421.381
My Little Burger
Akenkaai 36, 1000 BrusselLimited-service restaurants, excluding mobile food services
since 20262.389.101.684
Real-estate footprint Source: CBE × cadastre
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21814P0244/00V000 Brussels 6,657 m² 1 · 753 m² 30.5 m · 9 fl.
21382C0020/00B002 Brussels 2,052 m² 2 · 740 m² 10.1 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events
Next filing, fiscal year 2026, expected by 31-01-2027
2026
19-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
12-01
State Gazette act Registered-office change
v3.2
2025
30-06
Financial Weakest financial yearnet €53k ▼42.5%
Net result drops to €53k, the lowest in the series.
29-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2022net €92k ▲68.4%
Operating result €136k, net result €92k, both a record.
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
State Gazette act Director changes
v3.2
30-06
Financial Equity above €200kEq €207k ▲31.2%
2 profitable years in a row build equity to €207k.
30-05
State Gazette act Director changes
v3.2
26-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
17-08
State Gazette act Director changes
v3.2
2019
08-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema
24-09
State Gazette act Registered-office change
v3.2
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
30-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
31-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 5 acts
Address history · 2
12-01-2026
v3.2
24-09-2019
v3.2
All acts · 5 updated 7 months ago
2026
12-01-2026 Registered office moved within Forest Registered-office change
  • Boulevard de l'Humanité 100, 1190 Forest → boulevard de l'Humanité 102, 1190 Forest
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Forest",
        "region": "Brussels",
        "street": "boulevard de l\u0027Humanit\u00E9",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "102"
      },
      "old_address": {
        "city": "Forest",
        "region": "Brussels",
        "street": "Boulevard de l\u0027Humanit\u00E9",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "100"
      },
      "effective_date": null,
      "evidence_quote": "L\u2019assembl\u00E9e d\u00E9cide de transf\u00E9rer le si\u00E8ge vers 1190 Forest, boulevard de l\u0027Humanit\u00E9 102, en R\u00E9gion de Bruxelles-Capitale."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0846.778.623",
    "name_full": "SAVEURS \u0026 DELICATESSES",
    "legal_form": "SRL"
  }
}
2023
24-07-2023 DEGAND Olivier resigns as director Director changes
  • DEGAND Olivier, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DEGAND Olivier",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2023-07-24",
      "evidence_quote": "La d\u00E9mission de Monsieur DEGAND Olivier en tant qu\u0027administrateur \u00E0 partir de ce jour."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0846.778.623",
    "name_full": "SAVEURS \u0026 DELICATESSES",
    "legal_form": "SRL"
  }
}
30-05-2023 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0846.778.623",
    "name_full": "SAVEURS \u0026 DELICATESSES",
    "legal_form": "SPRL"
  }
}
2020
17-08-2020 Olivier DEGAND appointed as director Director changes
  • Olivier DEGAND, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Olivier DEGAND",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2020-02-06",
      "evidence_quote": "La nomination de Monsieur DEGAND Olivier en tant qu\u0027administrateur \u00E0 partir de ce jour"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0846.778.623",
    "name_full": "SAVEURS \u0026 DELICATESSES",
    "legal_form": "SPRL"
  }
}
2019
24-09-2019 Registered office moved to Forest Registered-office change
  • boulevard de l'Humanité 100, 1190 Forest
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Forest",
        "region": "Brussels",
        "street": "boulevard de l\u0027Humanit\u00E9",
        "country": "BE",
        "postcode": "1190",
        "box_number": null,
        "street_number": "100"
      },
      "old_address": null,
      "effective_date": "2019-07-19",
      "evidence_quote": "le si\u00E8ge social sera transf\u00E9r\u00E9 \u00E0 partir du 19 juillet 2019 \u00E0 1190 Forest, boulevard de l\u0027Humanit\u00E9 100."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0846.778.623",
    "name_full": "SAVEURS \u0026 DELICATESSES",
    "legal_form": "SPRL"
  }
}
Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Event catering56210
Names & trade names
Legal nameFR MaVin
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative