MAVY
ActiveSummary
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. Its solvency ranks better than 95% of 9,387 sector peers (NACE 68, financial year 2023). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, abbreviated format
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result turns negative in 2023: a loss of €133,629 after €1.8m in 2022.
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 68, Real estate activities: 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 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2.1m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.03m | €0.02m | €0.03m | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Other operating charges640/8 | - | - | - | €0.03m | €0.08m | €0.03m | ▼ 61.0% |
| Gross operating margin9900 | -€0.02m | -€0.02m | €0.2m | €0.1m | €2.0m | -€0.02m | ▼ 101% |
| Operating profit (loss)9901 | -€0.1m | -€0.1m | €0.05m | €0.02m | €1.8m | -€0.1m | ▼ 107% |
| Financial income75/76B | - | - | - | €0.7m | €3.2m | €1.3m | ▼ 60.2% |
| Recurring financial income75 | - | €14 | €0.2m | €0.7m | €3.2m | €1.3m | ▼ 60.2% |
| Financial charges65/66B | - | - | - | €0.06m | €0.04m | €0.02m | ▼ 62.7% |
| Recurring financial charges65 | €0.06m | €0.06m | €0.07m | €0.06m | €0.04m | €0.02m | ▼ 62.7% |
| Non-recurring financial charges66B | - | - | - | - | €1 | - | - |
| Profit (loss) for the period before taxes9903 | -€0.2m | -€0.2m | €0.2m | €0.7m | €5.0m | €1.1m | ▼ 77.4% |
| Transfer from deferred taxes780 | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Income taxes67/77 | -€0.01m | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€0.2m | -€0.2m | €0.2m | €0.7m | €5.0m | €1.1m | ▼ 77.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.004m | €0.004m | €0.004m | = |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | -€0.2m | €0.2m | €0.7m | €5.0m | €1.1m | ▼ 77.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €10.3m | €11.8m | €12.1m | €12.2m | €15.1m | €14.0m | ▼ 7.2% |
| Fixed assets21/28 | €7.4m | €9.0m | €8.9m | €8.9m | €11.1m | €11.1m | ▼ 0.5% |
| Tangible fixed assets22/27 | €3.6m | €3.6m | €3.5m | €3.4m | €3.4m | €3.3m | ▼ 1.8% |
| Land and buildings22 | - | - | - | €3.4m | €3.4m | €3.3m | ▼ 1.8% |
| Financial fixed assets28 | €3.8m | €5.4m | €5.4m | €5.4m | €7.8m | €7.8m | = |
| Current assets29/58 | €2.9m | €2.8m | €3.1m | €3.3m | €4.0m | €3.0m | ▼ 25.9% |
| Stocks and contracts in progress3 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.9m | ▲ 0.8% |
| Stocks30/36 | - | - | - | €2.8m | €2.8m | €2.9m | ▲ 0.8% |
| Amounts receivable within one year40/41 | €0.05m | €0.01m | - | - | - | €0.002m | - |
| Other amounts receivable41 | - | - | - | - | - | €0.002m | - |
| Cash at bank and in hand54/58 | €0.07m | €0.002m | €0.3m | €0.4m | €1.1m | €0.09m | ▼ 92.2% |
| Deferred charges and accrued income490/1 | - | - | - | €483 | €0.001m | €0.001m | ▼ 54.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €10.3m | €11.8m | €12.1m | €12.2m | €15.1m | €14.0m | ▼ 7.2% |
| Equity10/15 | €7.0m | €6.8m | €7.0m | €7.6m | €12.7m | €13.8m | ▲ 9.0% |
| Contributions10/11 | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Capital10 | - | - | - | €5.2m | €5.2m | €5.2m | = |
| Issued capital100 | - | - | - | €5.2m | €5.2m | €5.2m | = |
| Reserves13 | €1.8m | €1.6m | €1.8m | €2.5m | €7.5m | €8.6m | ▲ 15.2% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.3m | €0.4m | ▲ 17.1% |
| Legal reserve130 | - | - | - | €0.08m | €0.3m | €0.4m | ▲ 17.1% |
| Tax-exempt reserves132 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 3.7% |
| Distributable reserves133 | - | - | - | €2.3m | €7.0m | €8.1m | ▲ 15.4% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.1% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.09m | €0.09m | €0.09m | = |
| Other liabilities and charges164/5 | - | - | - | €0.09m | €0.09m | €0.09m | = |
| Deferred taxes168 | - | - | - | €0.04m | €0.04m | €0.04m | ▼ 3.7% |
| Amounts payable17/49 | €3.2m | €4.9m | €5.0m | €4.4m | €2.3m | €0.1m | ▼ 95.4% |
| Amounts payable within one year42/48 | €3.2m | €4.9m | €5.0m | €4.4m | €2.3m | €0.1m | ▼ 95.3% |
| Financial debts43 | - | - | - | €2.3m | €2.2m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €2.3m | €2.2m | €0 | ▼ 100% |
| Trade debts44 | €0.01m | €0.03m | €0.04m | €0.07m | €0.05m | €0.02m | ▼ 56.3% |
| Suppliers440/4 | - | - | - | €0.07m | €0.05m | €0.02m | ▼ 56.3% |
| Advances received on contracts in progress46 | - | - | - | €0.01m | €0.02m | €0.03m | ▲ 50.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.003m | €0.004m | ▲ 17.5% |
| Taxes450/3 | - | - | - | €0.003m | €0.001m | €0.001m | ▲ 11.9% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0.002m | €0.003m | ▲ 19.4% |
| Other amounts payable47/48 | - | - | - | €2.0m | €0.06m | €0.05m | ▼ 16.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.03m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | -€0.2m | €0.2m | €0.7m | €5.0m | €1.1m | ▼ 77.4% |
| + Depreciation and write-downs630 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Operating cash flow (approximation) | -€0.1m | -€0.1m | €0.2m | €0.7m | €5.1m | €1.2m | ▼ 76.5% |
| Investment in fixed assets (approximation) | - | -€1.6m | €0 | €0 | -€2.3m | €0 | ▲ 100% |
| Change in cash | - | -€0.07m | €0.3m | €0.1m | €0.7m | -€1.1m | ▼ 251% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.