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MAVITO

Active
Private limited company (pre-2019)founded 201214 yrs activeHugo Verriestlaan(Kor) 11, 8500 Kortrijk, BelgiumKBO/BCE: BE 0846.404.083
Summary

The computed 12-month bankruptcy probability of MAVITO is 1.8% (moderate). The 2025 annual accounts show negative equity (€-78k) and a net result of €-2k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 4486 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
20 / 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.18 in 2024; short-term debt: 740.4% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-640.4%
Return on assets
-20.3%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-78k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
6 d late
2023
27 d late
2022
on the day
2021
41 d early
2020
1 d late
2019
2 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-78k▼ 3.3%
2024 · €-76k
2019: €-33k 2020: €-65k 2021: €-73k 2022: €-70k 2023: €-72k 2024: €-76k
2019 → 2025
Total assets
€12k▼ 25.3%
2024 · €16k
2019: €108k 2020: €62k 2021: €36k 2022: €5k 2023: €18k 2024: €16k
2019 → 2025
Net result
€-2k▲ 20.2%
2024 · €-3k
2019: €-38k 2020: €-32k 2021: €-8k 2022: €3k 2023: €-2k 2024: €-3k
2019 → 2025
Working capital
€-78k▼ 3.3%
2024 · €-76k
2019: €-96k 2020: €-102k 2021: €-98k 2022: €-70k 2023: €-72k 2024: €-76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-73k-€-70k▲ 4.2%€-72k▼ 3.0%€-76k▼ 4.3%€-78k▼ 3.3%
Operating result€-6k-€6k€-2k€-3k▼ 76.4%€-2k▲ 21.2%
Net result€-8k-€3k€-2k€-3k▼ 46.2%€-2k▲ 20.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2021: €-6k€-6kNet result 2021: €-8k€-8kOperating result 2022: €6k€6kNet result 2022: €3k€3kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-3k€-3kNet result 2024: €-3k€-3kOperating result 2025: €-2k€-2kNet result 2025: €-2k€-2k20212022202320242025€-4k€-3k€-2k€-1k€0Operating result 2023: €-2k€-1.7kNet result 2023: €-2k€-2.1kOperating result 2024: €-3k€-2.9kNet result 2024: €-3k€-3.1kOperating result 2025: €-2k€-2.3kNet result 2025: €-2k€-2.5k202320242025
The operating result stays negative: a loss of €2k in 2025 against €3k in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
-640.4%
2024 · -463.1%
Current ratio
0.14
2024 · 0.18
Debt to equity
-1.16
2024 · -1.22
ROA
-20.3%
2024 · -19.0%
Debt
€90k
2024 · €92k
Debt ≤ 1 year
€90k
2024 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€16k€12k
Current assets29/58€16k€12k
Amounts receivable within one year40/41€16k€12k
Other amounts receivable41€16k€12k
Cash at bank and in hand54/58€4-
Equity and liabilities
Total equity and liabilities10/49€16k€12k
Equity10/15€-76k€-78k
Contributions10/11€140k€140k=
Profit (loss) carried forward14€-216k€-218k
Amounts payable17/49€92k€90k
Amounts payable within one year42/48€92k€90k
Current portion of amounts payable after more than one year42€4k€3k
Financial debts43-€6
Credit institutions430/8-€6
Trade debts44€2k€573
Suppliers440/4€2k€573
Other amounts payable47/48€86k€87k
Income statement Code20242025
Other operating charges640/8-€628
Gross operating margin9900€-3k€-2k
Operating profit (loss)9901€-3k€-2k
Financial charges65/66B€195€186
Recurring financial charges65€195€186
Profit (loss) for the period before taxes9903€-3k€-2k
Profit (loss) for the period9904€-3k€-2k
Profit (loss) for the period to be appropriated9905€-3k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-216k€-218k
Profit (loss) brought forward from the previous period14P€-212k€-216k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
20-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
27-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Back to profitnet €3k
Net result €3k after 3 loss-making years.
2021
21-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
29-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
08-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
10-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Kortrijk · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Hugo Verriestlaan(Kor) 118500 Kortrijk
Ground area
3,517 m²
Building footprint
1,388 m²
Volume, LiDAR
9,343 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ON TIME HELI SERVICE
Dumolinlaan(Kor) 11, 8500 KortrijkAir transport
since 20122.210.983.455
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34022E0686/00N000 Flanders 3,386 m² 1 · 1,324 m² 7.8 m · 2 fl.
34353B0129/00K005 Flanders 131 m² 1 · 64 m² 10.6 m · 2 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 1,038 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded01-06-2012
Fiscal year end30-06
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
33120Repair and maintenance of machinery
77350Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.