MAVINTRA
ActiveMAVINTRA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €544k and a net result of €89k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-9
Solvency64▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 3.87 in 2023; short-term debt: 11% and cash: 3.4% of total assets), but 60.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
48 d early
2022
31 d late
2021
45 d early
2020
26 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€544k▲ 4.9%
2023 · €518k
2018: €228k
2019: €240k
2020: €366k
2021: €349k
2022: €388k
2023: €518k
2018 → 2024
Total assets
€1.38M▲ 33.1%
2023 · €1.04M
2018: €859k
2019: €896k
2020: €1.15M
2021: €1.05M
2022: €1.06M
2023: €1.04M
2018 → 2024
Net result
€89k▼ 36.9%
2023 · €141k
2018: €6k
2019: €59k
2020: €128k
2021: €59k
2022: €93k
2023: €141k
2018 → 2024
Working capital
€342k▲ 4.4%
2023 · €328k
2018: €96k
2019: €80k
2020: €106k
2021: €106k
2022: €178k
2023: €328k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€366k-€349k▼ 4.6%€388k▲ 11.3%€518k▲ 33.4%€544k▲ 4.9%
Operating result€170k-€88k▼ 48.1%€136k▲ 54.8%€208k▲ 52.7%€131k▼ 37.1%
Net result€128k-€59k▼ 53.7%€93k▲ 56.0%€141k▲ 51.9%€89k▼ 36.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.38M
Fixed assets
€886k▲ 49.0%
Current assets
€494k▲ 11.7%
Equity and liabilities €1.38M
Equity
€544k▲ 4.9%
Debt
€836k▲ 61.2%
The debt ratio rises from 50.0% to 60.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€297k▼
2023 · €315k
Cash flow
€254k▲
2023 · €247k
Solvency
39.4%▼
2023 · 50.0%
Current ratio
3.26▼
2023 · 3.87
Quick ratio
3.26▼
2023 · 3.87
Debt / equity
1.54▲
2023 · 1.00
ROE
16.3%▼
2023 · 27.1%
ROA
6.4%▼
2023 · 13.6%
Interest coverage
39.18▲
2023 · 37.74
Debt
€836k▲
2023 · €518k
Debt ≤ 1 year
€152k▲
2023 · €114k
Debt > 1 year
€684k▲
2023 · €404k
Income taxes
€35k▼
2023 · €60k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€1.38M▲
Fixed assets21/28€595k€886k▲
Tangible fixed assets22/27€593k€885k▲
Land and buildings22€530k€856k▲
Plant, machinery and equipment23€31k€23k▼
Furniture and vehicles24€33k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€442k€494k▲
Amounts receivable within one year40/41€173k€282k▲
Trade receivables40€50k€25k▼
Other amounts receivable41€124k€257k▲
Cash at bank and in hand54/58€135k€47k▼
Deferred charges and accrued income490/1€134k€164k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.38M▲
Equity10/15€518k€544k▲
Contributions10/11€6k€6k=
Reserves13€512k€538k▲
Distributable reserves133€512k€538k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€518k€836k▲
Amounts payable after more than one year17€404k€684k▲
Financial debts170/4€404k€684k▲
Amounts payable within one year42/48€114k€152k▲
Current portion of amounts payable after more than one year42€65k€85k▲
Financial debts43€17k€0▼
Credit institutions430/8€17k€0▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€17k€4k▼
Taxes450/3€10k€4k▼
Remuneration and social security454/9€7k€468▼
Other amounts payable47/48€10k€60k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€166k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€321k€303k▼
Operating profit (loss)9901€208k€131k▼
Financial income75/76B€131€367▲
Recurring financial income75€131€367▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€200k€124k▼
Income taxes67/77€60k€35k▼
Profit (loss) for the period9904€141k€89k▼
Profit (loss) for the period to be appropriated9905€141k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€141k€89k▼
Transfer from equity791/2€11k€63k▲
Transfer to equity691/2€141k€89k▼
To other reserves6921€141k€89k▼
Profit to be distributed694/7€11k€63k▲
Return on contributions (dividend)694€11k€63k▲
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €141k ▲51.9%
Operating result €208k, net result €141k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.87
Current ratio from 1.81 to 3.87; short-term debt falls from €220k to €114k.
31-12
Financial
Equity above €500kEq €518k ▲33.4%
6 profitable years in a row build equity to €518k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Windhoek 138790 WaregemGround area
1,784 m²
Building footprint
508 m²
Volume, LiDAR
3,210 m³
Parcel 34040C0229/00N003, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SQUADT
since 20082.172.066.857
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0229/00N003 | Flanders | 1,784 m² | 1 · 508 m² | 7.8 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500C0F9GFB7UB0884
Similar companies · same sector, comparable size
URBAN FACILITY
BE 0456.750.135
Nivelles · Eq €538k
ASD CONSULT
BE 0448.041.119
Kasterlee · Eq €557k
FOOD IT-SOLUTIONS
BE 0434.852.681
Nijlen · Eq €526k
CLEMACO TRADING
BE 0474.412.350
Oostende · Eq €521k
J&F
BE 0836.042.802
Kaprijke · Eq €576k
Of 7,012 companies in sector 96999 we hold annual accounts for 602. 297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2008
Fiscal year end31-12
Legal name NL
SQUADT INVEST
Activities, NACEBEL
96999Other personal services
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.