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MLVN

Active Private limited companyfounded 2023active for 2 yearsBondgenotenlaan 138, 3000 LeuvenKBO/BCE: BE 1002.849.346

Lifetime

3 annual accounts with figures on one time axis
peak €106,879 (2024)
€70,927▼ 33.6%
lowest -€4,781 (2023)
€54,523▼ 36.3%
peak €137,801 (2025)
€137,801▲ 65.5%
€41,502▼ 4.5%
Board1 name since 2023
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €106,879 to €70,927Result from €85,560 to €54,523Equity from €83,279 to €137,801Investments €6,293Cash from €98,798 to €144,600

Key points

from the 2025 annual accounts

Equity

€137,801 ▲ 65.5%
€83,3002024€138,0002025

Equity rose in 2025 from €83,279 to €137,801.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Investments

€6,293 3.5 × depreciation
20242025

Green is investment, beige is depreciation.

Liquidity

4.18 was 2.89 in 2024

Short-term debts fell from €43,475 to €41,502.

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came latest: 27 days after the end of the period.

Checked score

98
Excellent
Financially stronger than 84% of micro companies in computing infrastructure and information services (NACE 63)
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 2,947 companies (NACE 63, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.7 percentage points 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 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+9equity 76.9% of total assets
92+7short-term debt 23.1% · cash 80.6%
100=return on assets 30.4%

Score breakdown

raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 4.18, cash €144,600
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Equity €137,801 (76.9% of total assets)
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 63, micro). It does better than 86% of them on solvency, 83% on liquidity, 85% on profitability and 83% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as MLVN has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MLVN itself is lower: < 0.1% within 12 months. It rests on far more data about MLVN than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for MLVN. 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 €13,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 4.18 (2.89 in 2024), above the usual 1.5. Short-term debt is 23.1% and cash 80.6% of total assets. 23.1% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.18, cash €144,600
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
lowers risk · Equity €137,801 (76.9% of total assets)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
21 days early
2024
27 days late
2023
8 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 5 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% 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 9 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

VM
Director
  • VANDEBERGH Melvin 100 sharesdeed of 04-12-2023
Board & ownership

Recent changes

Incorporation Founding capital of €2,500, 100 shares · Founder: VANDEBERGH Melvin · Appointment: VANDEBERGH Melvin (director) · published on 04-12-2023 · Gazette deed
First establishment Bondgenotenlaan 138, Leuven
All 8 events

Comparable companies

same main activity, similar in size and age
Company
MLVN Leuven €179,303 €70,927 76.9% -
NIEL DEJONGHE Lubbeek €167,231 €79,836 79.1% -
Ultra Horizontem Dilbeek €188,588 €76,776 94.7% -
OCE Consulting Antwerp €158,977 €71,330 81.9% -
Peritus et Spiritus Mechelen €160,415 €65,940 47.8% -
PackOptima Kortrijk €182,892 €61,512 60.7% -
H.E. Solutions Bornem €148,092 €66,880 78.1% -

These companies have the same main activity as MLVN: other information service activities (NACE 63920). They are comparable in size and age: total assets between €148,000 and €189,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 30-11-2023Normal situation
Activity
Other information service activitiesNACE 63920
Establishment unit
2.356.733.8733000 Leuven, since 30-11-2023
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€179,303▲ 41.5%
Filing
Filed on 10-07-2026, 21 days before the end of the filing period
Financials

Insights on MLVN

MLVN files the micro format. That format states no turnover. The gross margin rose from -€4,781 in 2023 to €70,927 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 MLVN

What is the company number of MLVN?
The company number of MLVN is 1002.849.346. The VAT number is the same number with BE in front: BE 1002.849.346.
Where is MLVN based?
The registered office is at Bondgenotenlaan 138, 3000 Leuven.Company details
What does MLVN do?
According to the KBO register, the main activity is other information service activities (NACE 63920).
What is the legal form of MLVN?
MLVN is a private limited company (BV).
When was MLVN founded?
MLVN was founded on 30-11-2023.
Is MLVN still active?
Yes, MLVN is an active enterprise in the KBO register.
What is the turnover of MLVN?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €70,927 and 2,667 comparable companies of the same size. It probably lies between €140,000 and €370,000. It is a rough estimate.Financials
Is MLVN profitable?
In financial year 2025, MLVN made a profit of €54,523.
Where can I find the annual accounts of MLVN?
MLVN filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MLVN due?
MLVN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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