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MFV FACTORY

Active
Private limited companyfounded 20214 years activeRue Saint-Denys(Sart-B.) 19, 5330 Assesse, BelgiumKBO/BCE: BE 0778.334.532
Summary

The computed 12-month bankruptcy probability of MFV FACTORY is 2.1% (moderate). The 2024 annual accounts show negative equity (-€6,317) and a net result of €820. Equity is shrinking by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 19% of 19,385 sector peers (NACE 68, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€527,639total assets 2024
Equity
-€6,317
Profit
€820
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.1%
Structure
Accounts 69 days overdue0 of 1 deed read
Why 53- Figures for FY 2024 (filed 11-06-2025)- 1 financial year not filed after the legal deadline; 2 of the last 3 late+ Size: total assets €527,639+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Weak
Solvency 24=
equity -1.2% of total assets
Liquidity 51-1
short-term debt 4.1% · cash 0.7%
Profitability 43+16
return on assets 0.2%
Bankruptcy probability, 12 months
2.1% 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% (26,549 companies)
Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 7.7%▲ +6.1 percentage points vs 01-2025 03-2025: 8.0%▲ +0.3 percentage points vs 02-2025highest value 04-2025: 2.8%▼ -5.2 percentage points vs 03-2025 05-2025: 3.0%▲ +0.2 percentage points vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 0.7%▼ -2.2 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.7 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.16 against 0.33 in 2023; short-term debt: 4.1% and cash: 0.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 18% on solvency, 55% on liquidity, 38% on profitability and 68% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 11-06-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €527,639
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 19385 sector peers (2024).
NBB · sector comparison
Position among 19385 sector peers
Solvency
better than 19%
← weakest strongest →
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 11-06-2025, 50 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
50 days early
2023
238 days late
2022
523 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 237 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€6,317 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Caution: Among the weakest 18% on equitysector median €87,053 · 19,402 companies -€6,317 View

By topic

Financials

Fiscal year
2024
Total assets
€527,639
Profit
€820
Solvency
-1.2%
Total assets▼ 2.1%
Net result
20222024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
07-12-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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