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MAVY

Active
Public limited companyfounded 1988active for 38 yearsOude Stationstraat 144, 8700 Tielt, BelgiumKBO/BCE: BE 0433.655.821

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MAVY is 1.7% (moderate). For MAVY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €13.8m and a net result of €1.1m. Equity is growing by about 19% per year across the filed financial years. The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 15-03-1988 Normal situation
Legal form
Public limited company
Registered office
Oude Stationstraat 144, 8700 Tielt
Activity
“Haar patrimonium,dat grotendeels zal bestaan uit onroerende goederen,gevormd door inbrengsten,door aankopen of op eender…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
Establishment unit
2.038.189.338 8700 Tielt, since 26-05-1988
Financial year end
31 December
Peppol
Reachable

Who decides

Board
Holdings
Shares in 3 companies including Eurosense Belfotop and EUROSENSE TECHNOLOGIES

How it is doing

Bankruptcy probabilitywithin 12 months
1.7%
2023 figures too old to score
Annual accounts 2023
Gross margin
-€17,125
Profit
€1.1m
▼ 77.4%
Equity
€13.8m
▲ 9.0%
Total assets
€14.0m
▼ 7.2%
Staff
0.6 FTE
▼ 25.0%
Turnover not published (abbreviated format)2024 accounts not filed, 458 days past the deadline
Filed on 21-06-2024PDF
Signalsraises riskFigures for financial year 2023 (filed 26-06-2024)2 financial years not filed after the legal deadlineLiquidity: current ratio 27.60, cash €89,120, halvedTwo or more financial years not filedlowers riskSector: Real estate activities (NACE 68)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 100=
equity 98.3% of total assets
Liquidity 51-5
short-term debt 0.8% · cash 0.6%
Profitability 29-71
return on assets 8.1%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.2 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 1.1%▲ +0.6 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026highest value 10-2026: 1.7%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 26-06-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
raises risk · Liquidity: current ratio 27.60, cash €89,120, halved
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline01-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-06-2024, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
40 days early
2022
61 days early
2021
46 days early
2020
51 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Result fell in 2023from €5.0m to €1.1m ▼ 77.4% View
  • Heads a groupcompanies controlled 9 View

Documents

Annual accounts at the NBB

All 35 annual accounts

Articles and registers

Key facts about MAVY

What is the company number of MAVY?
0433.655.821. In Belgium the VAT number is the company number with BE in front: BE 0433.655.821.
Where is MAVY based?
The registered office is at Oude Stationstraat 144, 8700 Tielt.Company details
What is the legal form of MAVY?
Public limited company (NV).
When was MAVY founded?
On 15-03-1988.
Is MAVY still active?
Yes, MAVY is an active enterprise in the KBO register.
How many employees does MAVY have?
On average 0.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of MAVY?
The annual accounts for financial year 2023 state no turnover: the abbreviated format does not require it.
Is MAVY profitable?
In financial year 2023, MAVY made a profit of €1.1m.
Where can I find the annual accounts of MAVY?
MAVY filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2023.Annual accounts 2023 (PDF)

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