MOLYVCO
ActiveSummary
MOLYVCO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €511k and a net result of €35k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-6
Solvency65▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.62 in 2024; short-term debt: 33.4% and cash: 47% of total assets), but 60.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.7%
Return on assets
2.7%
Age of the figures
12 mo
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 €511k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
28 d early
2022
2 d early
2021
30 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€511k▲ 7.3%
2024 · €476k
2018: €639k
2019: €650k▲ +1.8% vs 2018
2020: €667k▲ +2.5% vs 2019highest in 8 years
2021: €329k▼ -50.7% vs 2020lowest in 8 years
2022: €340k▲ +3.3% vs 2021
2023: €391k▲ +15.3% vs 2022
2024: €476k▲ +21.7% vs 2023
2025: €511k▲ +7.3% vs 2024
2018 → 2025
Total assets
€1.29M▼ 5.5%
2024 · €1.36M
2018: €1.35M
2019: €1.30M▼ -3.8% vs 2018
2020: €1.21M▼ -6.6% vs 2019
2021: €1.23M▲ +1.8% vs 2020
2022: €1.20M▼ -2.7% vs 2021
2023: €1.10M▼ -8.5% vs 2022lowest in 8 years
2024: €1.36M▲ +24.1% vs 2023highest in 8 years
2025: €1.29M▼ -5.5% vs 2024
2018 → 2025
Net result
€35k▼ 63.6%
2024 · €96k
2018: €104khighest in 8 years
2019: €11k▼ -89.0% vs 2018
2020: €17k▲ +45.5% vs 2019
2021: €14k▼ -13.2% vs 2020
2022: €11k▼ -24.4% vs 2021lowest in 8 years
2023: €52k▲ +377% vs 2022
2024: €96k▲ +85.0% vs 2023
2025: €35k▼ -63.6% vs 2024
2018 → 2025
Working capital
€273k▼ 1.9%
2024 · €278k
2018: €471k
2019: €478k▲ +1.6% vs 2018
2020: €482k▲ +0.8% vs 2019highest in 8 years
2021: €145k▼ -70.0% vs 2020lowest in 8 years
2022: €155k▲ +6.7% vs 2021
2023: €204k▲ +31.9% vs 2022
2024: €278k▲ +36.6% vs 2023
2025: €273k▼ -1.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€329k-€340k▲ 3.3%€391k▲ 15.3%€476k▲ 21.7%€511k▲ 7.3%
2021: €329klowest in 5 years
2022: €340k▲ +3.3% vs 2021
2023: €391k▲ +15.3% vs 2022
2024: €476k▲ +21.7% vs 2023
2025: €511k▲ +7.3% vs 2024highest in 5 years
Operating result€25k-€19k▼ 22.7%€80k▲ 311%€131k▲ 64.2%€59k▼ 55.1%
2021: €25k
2022: €19k▼ -22.7% vs 2021lowest in 5 years
2023: €80k▲ +311% vs 2022
2024: €131k▲ +64.2% vs 2023highest in 5 years
2025: €59k▼ -55.1% vs 2024
Net result€14k-€11k▼ 24.4%€52k▲ 377%€96k▲ 85.0%€35k▼ 63.6%
2021: €14k
2022: €11k▼ -24.4% vs 2021lowest in 5 years
2023: €52k▲ +377% vs 2022
2024: €96k▲ +85.0% vs 2023highest in 5 years
2025: €35k▼ -63.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.29M
Fixed assets
€584k ▼ 7.8%
Current assets
€704k ▼ 3.6%
Equity and liabilities €1.29M
Equity
€511k ▲ 7.3%
Provisions
€106k =
Debt
€671k ▼ 14.1%
Debt's share of the balance-sheet total falls from 57.3% to 52.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€143k▼
2024 · €214k
Cash flow
€119k▼
2024 · €179k
Current ratio
1.63▲
2024 · 1.62
Quick ratio
1.55▲
2024 · 1.51
Debt to equity
1.31▼
2024 · 1.64
ROE
6.8%▼
2024 · 20.1%
ROA
2.7%▼
2024 · 7.0%
Interest coverage
12.67▼
2024 · 35.69
Debt ≤ 1 year
€431k▼
2024 · €452k
Debt > 1 year
€240k▼
2024 · €329k
Income taxes
€20k▼
2024 · €35k
Staff costs
€528k▲
2024 · €471k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.36M€1.29M▼
Fixed assets21/28€633k€584k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€633k€584k▼
Land and buildings22€367k€333k▼
Plant, machinery and equipment23€228k€198k▼
Furniture and vehicles24€39k€53k▲
Current assets29/58€730k€704k▼
Stocks and contracts in progress3€49k€38k▼
Stocks30/36€30k€28k▼
Contracts in progress37€19k€10k▼
Amounts receivable within one year40/41€53k€60k▲
Trade receivables40€5k€53k▲
Other amounts receivable41€49k€7k▼
Cash at bank and in hand54/58€628k€606k▼
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.29M▼
Equity10/15€476k€511k▲
Contributions10/11€19k€19k=
Reserves13€317k€352k▲
Tax-exempt reserves132€30k€30k=
Distributable reserves133€287k€322k▲
Profit (loss) carried forward14€140k€140k=
Provisions and deferred taxes16€106k€106k=
Provisions for liabilities and charges160/5€106k€106k=
Pensions and similar obligations160€106k€106k=
Amounts payable17/49€781k€671k▼
Amounts payable after more than one year17€329k€240k▼
Financial debts170/4€329k€240k▼
Amounts payable within one year42/48€452k€431k▼
Current portion of amounts payable after more than one year42€88k€89k▲
Trade debts44€58k€24k▼
Suppliers440/4€58k€24k▼
Taxes, remuneration and social security45€27k€44k▲
Taxes450/3€3k€13k▲
Remuneration and social security454/9€24k€31k▲
Other amounts payable47/48€279k€273k▼
Income statement
Code20242025
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€471k€528k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€84k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€688k€674k▼
Operating profit (loss)9901€131k€59k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€131k€55k▼
Income taxes67/77€35k€20k▼
Profit (loss) for the period9904€96k€35k▼
Profit (loss) for the period to be appropriated9905€96k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€247k€175k▼
Profit (loss) brought forward from the previous period14P€151k€140k▼
Transfer to equity691/2€96k€35k▼
To other reserves6921€96k€35k▼
Profit to be distributed694/7€11k-
Directors or managers695€11k-
Social balance
Average headcount (FTE)90877.48.3▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14k | - | - |
| Remuneration, social security and pensions62 | - | €511k | €490k | €471k | €528k | ▲ 12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67k | €74k | €76k | €83k | €84k | ▲ 1.3% |
| Other operating charges640/8 | - | €4k | €2k | €3k | €4k | ▲ 1.3% |
| Gross operating margin9900 | €534k | €609k | €647k | €688k | €674k | ▼ 2.0% |
| Operating profit (loss)9901 | €25k | €19k | €80k | €131k | €59k | ▼ 55.1% |
| Financial income75/76B | - | €5k | €4k | €6k | €8k | ▲ 30.3% |
| Recurring financial income75 | €4k | €5k | €4k | €6k | €8k | ▲ 30.3% |
| Financial charges65/66B | - | €6k | €5k | €6k | €11k | ▲ 88.2% |
| Recurring financial charges65 | €6k | €6k | €5k | €6k | €11k | ▲ 88.2% |
| Profit (loss) for the period before taxes9903 | €23k | €19k | €79k | €131k | €55k | ▼ 57.8% |
| Income taxes67/77 | €9k | €8k | €28k | €35k | €20k | ▼ 42.0% |
| Profit (loss) for the period9904 | €14k | €11k | €52k | €96k | €35k | ▼ 63.6% |
| Transfer from tax-exempt reserves789 | - | €2k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €20k | €12k | €52k | €96k | €35k | ▼ 63.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.23M | €1.20M | €1.10M | €1.36M | €1.29M | ▼ 5.5% |
| Fixed assets21/28 | €585k | €539k | €495k | €633k | €584k | ▼ 7.8% |
| Intangible fixed assets21 | €1k | €733 | €346 | €0 | €0 | - |
| Tangible fixed assets22/27 | €584k | €539k | €495k | €633k | €584k | ▼ 7.8% |
| Land and buildings22 | - | €435k | €400k | €367k | €333k | ▼ 9.1% |
| Plant, machinery and equipment23 | - | €68k | €40k | €228k | €198k | ▼ 13.0% |
| Furniture and vehicles24 | - | €36k | €54k | €39k | €53k | ▲ 35.6% |
| Current assets29/58 | €649k | €661k | €603k | €730k | €704k | ▼ 3.6% |
| Stocks and contracts in progress3 | €80k | €80k | €50k | €49k | €38k | ▼ 21.6% |
| Stocks30/36 | - | €60k | €40k | €30k | €28k | ▼ 6.7% |
| Contracts in progress37 | - | €20k | €10k | €19k | €10k | ▼ 45.9% |
| Amounts receivable within one year40/41 | €79k | €117k | €55k | €53k | €60k | ▲ 12.8% |
| Trade receivables40 | - | €106k | €30k | €5k | €53k | ▲ 986% |
| Other amounts receivable41 | - | €12k | €24k | €49k | €7k | ▼ 85.2% |
| Cash at bank and in hand54/58 | €477k | €464k | €499k | €628k | €606k | ▼ 3.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.23M | €1.20M | €1.10M | €1.36M | €1.29M | ▼ 5.5% |
| Equity10/15 | €329k | €340k | €391k | €476k | €511k | ▲ 7.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €159k | €170k | €222k | €317k | €352k | ▲ 11.0% |
| Non-distributable reserves130/1 | - | €70k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €70k | - | - | - | - |
| Own shares acquired1312 | - | - | €0 | - | - | - |
| Tax-exempt reserves132 | - | €30k | €30k | €30k | €30k | = |
| Distributable reserves133 | - | €70k | €192k | €287k | €322k | ▲ 12.1% |
| Profit (loss) carried forward14 | €151k | €151k | €151k | €140k | €140k | = |
| Provisions and deferred taxes16 | €106k | €106k | €106k | €106k | €106k | = |
| Provisions for liabilities and charges160/5 | - | €106k | €106k | €106k | €106k | = |
| Pensions and similar obligations160 | - | €106k | €106k | €106k | €106k | = |
| Other liabilities and charges164/5 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €799k | €755k | €601k | €781k | €671k | ▼ 14.1% |
| Amounts payable after more than one year17 | €295k | €248k | €202k | €329k | €240k | ▼ 27.1% |
| Financial debts170/4 | - | €248k | €202k | €329k | €240k | ▼ 27.1% |
| Amounts payable within one year42/48 | €504k | €507k | €399k | €452k | €431k | ▼ 4.6% |
| Current portion of amounts payable after more than one year42 | - | €47k | €47k | €88k | €89k | ▲ 1.9% |
| Trade debts44 | €70k | €90k | €45k | €58k | €24k | ▼ 59.0% |
| Suppliers440/4 | - | €90k | €45k | €58k | €24k | ▼ 59.0% |
| Taxes, remuneration and social security45 | - | €40k | €22k | €27k | €44k | ▲ 64.5% |
| Taxes450/3 | - | €7k | €3k | €3k | €13k | ▲ 352% |
| Remuneration and social security454/9 | - | €33k | €19k | €24k | €31k | ▲ 30.0% |
| Other amounts payable47/48 | - | €331k | €286k | €279k | €273k | ▼ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €11k | €52k | €96k | €35k | ▼ 63.6% |
| + Depreciation and write-downs630 | €67k | €74k | €76k | €83k | €84k | ▲ 1.3% |
| Operating cash flow (approximation) | €82k | €85k | €127k | €179k | €119k | ▼ 33.5% |
| Investment in fixed assets (approximation) | - | €-29k | €-32k | €-221k | €-35k | ▲ 84.2% |
| Change in cash | - | €-13k | €35k | €129k | €-22k | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Equity above €500kEq €511k ▲7.3%
8 profitable years in a row build equity to €511k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €11k ▼24.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1985
Ground area
2,239 m²
Building footprint
1,246 m²
Volume, LiDAR
7,590 m³
Parcel 12302B0245/00G000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOLYVCO
since 19852.026.434.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302B0245/00G000 | Flanders | 2,239 m² | 1 · 1,246 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 8,839 EUR awarded · 5,089 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,681 EUR | 3,867 EUR |
| 2022 | 1 | 5,158 EUR | 1,222 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesMOLYVCO BV32341
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BE 0403.955.906
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RUYSSCHAERT BRUGGE
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HELLEBUYCK
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 5,906 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-1985
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.