Equity
€490,773 ▲ 6.4%
MKV Engineering has made a profit in every financial year since 2012.
MKV Engineering
Lifetime
14 annual accounts with figures on one time axispeak €187,956 (2012)
€56,647▼ 5.9%
peak €117,361 (2012)
€29,724▼ 2.6%
peak €736,543 (2021)
€490,773▲ 6.4%
€16,893▲ 7.8%
Board1 name since 2021
1 directorVermaut Mahendra
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
A quiet year: no large shift against the year before.
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Position in the sector
96.7%
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
96
Excellent
Financially stronger than 67% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
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: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
No registered site in the KBO
lowers risk
Liquidity: current ratio 30.46, cash €180,789
Equity €490,773 (96.7% of total assets)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 87% of them on solvency, 88% on liquidity, 42% on profitability and 52% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as MKV Engineering has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of MKV Engineering itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for MKV Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 30.46 (30.41 in 2024), above the usual 1.5. Short-term debt is 3.2% and cash 35.6% of total assets. 3.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €490,773
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 days early
2024
on the day
2023
5 days early
2022
4 days early
2021
52 days early
2020
6 days late
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0838703471
Reappointment: Vermaut Mahendra (statutory director)
Appointment: Vermaut Mahendra (statutory director) · Gazette deed
Incorporation
published on 02-09-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MKV Engineering Lochristi | €507,666 | €56,647 | 96.7% | - |
| DeMuTech Evergem | €467,207 | €54,509 | 38.5% | - |
| GNT GROUP Temse | €623,391 | €54,120 | 57.7% | - |
| Aletar Company Zulte | €432,378 | €65,432 | 69.5% | - |
| Buro MOVE Kapellen | €549,873 | €55,391 | 34.5% | - |
| CFN Services Blegny | €478,380 | €57,016 | 4.1% | - |
| CPC CONSULT Menen | €581,956 | €48,857 | 97.4% | - |
These companies have the same main activity as MKV Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €432,000 and €623,000, founded between 2009 and 2013.
Official details
Source: KBO- Status
- Active since 16-08-2011Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Financial year end
- 31 December
- Peppol
- Reachable since 06-05-2024
Annual accounts 2025
- €507,666▲ 6.5%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on MKV Engineering
MKV Engineering files the micro format. That format states no turnover. The gross margin fell from €187,956 in 2012 to €56,647 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MKV Engineering
- What is the company number of MKV Engineering?
- The company number of MKV Engineering is 0838.703.471. The VAT number is the same number with BE in front: BE 0838.703.471.
- Where is MKV Engineering based?
- The registered office is at Kerkstraat 25, 9080 Lochristi.Company details
- What does MKV Engineering do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of MKV Engineering?
- MKV Engineering is a private limited company (BV).
- When was MKV Engineering founded?
- MKV Engineering was founded on 16-08-2011.
- Is MKV Engineering still active?
- Yes, MKV Engineering is an active enterprise in the KBO register.
- What is the turnover of MKV Engineering?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €56,647 and 45 comparable companies (NACE 711). It probably lies between €93,000 and €170,000.Financials
- Is MKV Engineering profitable?
- In financial year 2025, MKV Engineering made a profit of €29,724.
- Where can I find the annual accounts of MKV Engineering?
- MKV Engineering filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MKV Engineering due?
- MKV Engineering must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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