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Private limited companyfounded 1994active for 31 yearsDellaertsdreef 9, 9940 Evergem, BelgiumKBO/BCE: BE 0453.673.552
Summary

MPV is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €91,658 and a net result of €19,006. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 65% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
7th oldest company in Evergem, Finance and insurance sector1 site
Size
€137,833total assets 2025
Equity
€91,658
Profit
€19,006
Turnover not published (abbreviated or micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2025 accounts 36 days early1 deed in the Belgian Official Gazette
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
51 days early
2023
93 days early
2022
49 days early
2021
39 days early
2020
43 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 12 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €19,006 ▲17%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€91,658▼ 11.7%
2024 · €103,829
Net result
€19,006▲ 17.0%
2024 · €16,251
Total assets
€137,833▲ 5.8%
2024 · €130,291
Solvency
66.5%▼ 13.2pp
2024 · 79.7%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 16% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,931 2025 Net result€19,006 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€20,248-€22,608▲ 11.7%€8,012▼ 64.6%€20,725▲ 159%€19,592▼ 5.5%€13,339▼ 31.9%€24,090▲ 80.6%€27,931▲ 15.9%
Net result€12,503-€14,576▲ 16.6%€4,419within the sector's middle half▼ 69.7%€13,967within the sector's middle half▲ 216%€13,591within the sector's middle half▼ 2.7%€9,495within the sector's middle half▼ 30.1%€16,251within the sector's middle half▲ 71.2%€19,006within the sector's middle half▲ 17.0%
Equity€65,066-€79,642▲ 22.4%€84,061within the sector's middle half▲ 5.5%€97,228within the sector's middle half▲ 15.7%€104,362within the sector's middle half▲ 7.3%€102,154below the sector's middle half▼ 2.1%€103,829below the sector's middle half▲ 1.6%€91,658below the sector's middle half▼ 11.7%
Total assets€103,049-€115,557▲ 12.1%€114,046below the sector's middle half▼ 1.3%€125,290below the sector's middle half▲ 9.9%€118,388below the sector's middle half▼ 5.5%€131,129below the sector's middle half▲ 10.8%€130,291below the sector's middle half▼ 0.6%€137,833below the sector's middle half▲ 5.8%
Debt€37,983-€35,915▼ 5.4%€29,985▼ 16.5%€28,062▼ 6.4%€14,026▼ 50.0%€28,975▲ 107%€26,463▼ 8.7%€46,175▲ 74.5%
Working capital€23,514-€29,507▲ 25.5%€35,485within the sector's middle half▲ 20.3%€51,000within the sector's middle half▲ 43.7%€63,460within the sector's middle half▲ 24.4%€60,055within the sector's middle half▼ 5.4%€61,241within the sector's middle half▲ 2.0%€48,511within the sector's middle half▼ 20.8%
Solvency63.1%-68.9%▲ 5.8pp73.7%within the sector's middle half▲ 4.8pp77.6%above the sector's middle half▲ 3.9pp88.2%above the sector's middle half▲ 10.6pp77.9%within the sector's middle half▼ 10.2pp79.7%above the sector's middle half▲ 1.8pp66.5%within the sector's middle half▼ 13.2pp
Current ratio2.42-2.26▼ 0.152.33within the sector's middle half▲ 0.062.82within the sector's middle half▲ 0.495.52above the sector's middle half▲ 2.713.15above the sector's middle half▼ 2.383.31above the sector's middle half▲ 0.172.05within the sector's middle half▼ 1.26
Return on assets (ROA)12.1%-12.6%▲ 0.5pp3.9%within the sector's middle half▼ 8.7pp11.1%within the sector's middle half▲ 7.3pp11.5%within the sector's middle half▲ 0.3pp7.2%within the sector's middle half▼ 4.2pp12.5%above the sector's middle half▲ 5.2pp13.8%above the sector's middle half▲ 1.3pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137,833
Fixed assets €43,147 ▲ 1.3%
Current assets €94,686 ▲ 8.0%
Equity and liabilities €137,833
Equity €91,658 ▼ 11.7%
Debt €46,175 ▲ 74.5%
Debt's share of the balance-sheet total rises from 20.3% to 33.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
20.7%▲
2024 · 15.7%
Debt ≤ 1 year
€46,175▲
2024 · €26,463
Income taxes
€9,318▲
2024 · €8,118
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€130,291€137,833▲
Fixed assets21/28€42,587€43,147▲
Tangible fixed assets22/27€39,337€39,897▲
Plant, machinery and equipment23€6,932€6,091▼
Furniture and vehicles24€5,905€2,952▼
Other tangible fixed assets26€26,501€30,853▲
Financial fixed assets28€3,250€3,250=
Current assets29/58€87,704€94,686▲
Amounts receivable within one year40/41€7,811€795▼
Other amounts receivable41€7,811€795▼
Cash at bank and in hand54/58€79,893€93,892▲
Equity and liabilities
Total equity and liabilities10/49€130,291€137,833▲
Equity10/15€103,829€91,658▼
Contributions10/11€18,592€18,592=
Reserves13€58,782€46,612▼
Distributable reserves133€58,782€46,612▼
Profit (loss) carried forward14€26,454€26,454=
Amounts payable17/49€26,463€46,175▲
Amounts payable within one year42/48€26,463€46,175▲
Financial debts43€276€665▲
Credit institutions430/8€276€665▲
Trade debts44€780€3,233▲
Suppliers440/4€780€3,233▲
Taxes, remuneration and social security45€7,205€6,953▼
Taxes450/3€7,205€6,953▼
Other amounts payable47/48€18,202€35,325▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,369€9,188▼
Other operating charges640/8€628€644▲
Gross operating margin9900€34,086€37,763▲
Operating profit (loss)9901€24,090€27,931▲
Financial income75/76B€372€467▲
Recurring financial income75€372€467▲
Financial charges65/66B€93€74▼
Recurring financial charges65€93€74▼
Profit (loss) for the period before taxes9903€24,369€28,324▲
Income taxes67/77€8,118€9,318▲
Profit (loss) for the period9904€16,251€19,006▲
Profit (loss) for the period to be appropriated9905€16,251€19,006▲
Appropriation of the result
Profit (loss) to be appropriated9906€42,706€45,461▲
Profit (loss) brought forward from the previous period14P€26,454€26,454=
Transfer from equity791/2€14,576€31,177▲
Transfer to equity691/2€16,251€19,006▲
To other reserves6921€16,251€19,006▲
Profit to be distributed694/7€14,576€31,177▲
Return on contributions (dividend)694€14,576€31,177▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,576€6,548€5,576€5,576€5,576€6,211€9,369€9,188▼ 1.9%
Other operating charges640/8---€568€569€616€628€644▲ 2.5%
Gross operating margin9900€26,822€30,166€14,227€26,868€25,736€20,167€34,086€37,763▲ 10.8%
Operating profit (loss)9901€20,248€22,608€8,012€20,725€19,592€13,339€24,090€27,931▲ 15.9%
Financial income75/76B-----€192€372€467▲ 25.5%
Recurring financial income75-----€192€372€467▲ 25.5%
Financial charges65/66B---€891€426€212€93€74▼ 20.7%
Recurring financial charges65€2,191€1,689€1,356€891€426€212€93€74▼ 20.7%
Profit (loss) for the period before taxes9903€18,056€20,920€6,655€19,834€19,166€13,319€24,369€28,324▲ 16.2%
Income taxes67/77€5,553€6,344€2,236€5,867€5,575€3,824€8,118€9,318▲ 14.8%
Profit (loss) for the period9904€12,503€14,576€4,419€13,967€13,591€9,495€16,251€19,006▲ 17.0%
Profit (loss) for the period to be appropriated9905€12,503€14,576€4,419€13,967€13,591€9,495€16,251€19,006▲ 17.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€103,049€115,557€114,046€125,290€118,388€131,129€130,291€137,833▲ 5.8%
Fixed assets21/28€62,954€62,700€51,803€46,228€40,902€43,099€42,587€43,147▲ 1.3%
Tangible fixed assets22/27€59,954€59,700€48,803€43,228€37,652€39,849€39,337€39,897▲ 1.4%
Plant, machinery and equipment23-----€7,773€6,932€6,091▼ 12.1%
Furniture and vehicles24---€1,074€716€358€5,905€2,952▼ 50.0%
Other tangible fixed assets26---€42,154€36,936€31,719€26,501€30,853▲ 16.4%
Financial fixed assets28€3,000€3,000€3,000€3,000€3,250€3,250€3,250€3,250=
Current assets29/58€40,095€52,857€62,243€79,063€77,486€88,030€87,704€94,686▲ 8.0%
Amounts receivable within one year40/41€12,420€8,015€7,599€3,711€64,232€12,657€7,811€795▼ 89.8%
Trade receivables40----€5,175€10,467---
Other amounts receivable41---€3,711€59,056€2,190€7,811€795▼ 89.8%
Cash at bank and in hand54/58€27,675€43,843€53,645€74,351€13,254€75,373€79,893€93,892▲ 17.5%
Deferred charges and accrued income490/1---€1,000-----
Equity and liabilities
Total equity and liabilities10/49€103,049€115,557€114,046€125,290€118,388€131,129€130,291€137,833▲ 5.8%
Equity10/15€65,066€79,642€84,061€97,228€104,362€102,154€103,829€91,658▼ 11.7%
Contributions10/11€18,592€18,592-€18,592€18,592€18,592€18,592€18,592=
Reserves13€20,019€34,596€39,015€52,181€59,315€57,107€58,782€46,612▼ 20.7%
Non-distributable reserves130/1---€1,859-----
Reserves not available under the articles1311---€1,859-----
Distributable reserves133---€50,322€59,315€57,107€58,782€46,612▼ 20.7%
Profit (loss) carried forward14€26,454€26,454€26,454€26,454€26,454€26,454€26,454€26,454=
Amounts payable17/49€37,983€35,915€29,985€28,062€14,026€28,975€26,463€46,175▲ 74.5%
Amounts payable after more than one year17€21,402€12,564€3,227------
Amounts payable within one year42/48€16,581€23,351€26,758€28,062€14,026€27,975€26,463€46,175▲ 74.5%
Current portion of amounts payable after more than one year42---€3,227-----
Financial debts43---€61-€562€276€665▲ 141%
Credit institutions430/8---€61-€562€276€665▲ 141%
Trade debts44€1,166€1,321€1,251€67€370€3,317€780€3,233▲ 315%
Suppliers440/4---€67€370€3,317€780€3,233▲ 315%
Taxes, remuneration and social security45---€8,997€7,199€6,439€7,205€6,953▼ 3.5%
Taxes450/3---€8,997€7,199€6,439€7,205€6,953▼ 3.5%
Other amounts payable47/48---€15,710€6,457€17,656€18,202€35,325▲ 94.1%
Accrued charges and deferred income492/3-----€1,000---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,503€14,576€4,419€13,967€13,591€9,495€16,251€19,006▲ 17.0%
+ Depreciation and write-downs630€5,576€6,548€5,576€5,576€5,576€6,211€9,369€9,188▼ 1.9%
Operating cash flow (approximation)€18,078€21,124€9,994€19,542€19,167€15,706€25,620€28,194▲ 10.0%
Investment in fixed assets (approximation)--€6,294€5,321€0-€250-€8,408-€8,857-€9,748▼ 10.1%
Change in cash-€16,168€9,802€20,707-€61,097€62,119€4,520€13,998▲ 210%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 31 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 25-06-2026 2026-00196245
31-12-2024 abbreviated format 10-06-2025 2025-00128011
31-12-2023 abbreviated format 29-04-2024 2024-00072196
31-12-2022 micro format 12-06-2023 2023-00118549
31-12-2021 micro format 22-06-2022 2022-20080159
31-12-2020 micro format 18-06-2021 2021-21000211
31-12-2019 micro format 11-06-2020 2020-15900261
31-12-2018 micro format 24-06-2019 2019-21000494
31-12-2017 micro format 29-08-2018 2018-51700047
31-12-2016 micro format 30-06-2017 2017-23800062

Show all 31 filings

Similar companies · same sector, comparable size

Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. 12,320 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 3 November 1994, MPV was incorporated.1 Total assets went from €103,049 in 2018 to €137,833 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Highest result from 2018 to 2025net €19,006 ▲17%
Operating result €27,931, net result €19,006, both a record.
10-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
29-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
12-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Equity above €100,000equity €104,362 ▲7.3%
A profit in every financial year since 2018 builds equity to €104,362.
22-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
18-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Weakest financial yearnet €4,419 ▼69.7%
Net result drops to €4,419, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
24-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
29-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 29 days late
2017
30-06
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 31 annual accounts filed, the latest 10 are here; all 31 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded03-11-1994
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47690Retail sale of other cultural and recreation goods
47789Other retail sale of new goods
70100Activities of head offices
70200Business and other management consultancy
90120Visual arts creation
90130Arts creation and performing arts activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0453673552
Also 9925:BE0453673552
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 1994
registered office establishment The establishment unit on the map
Ground area
1,071 m²
Building footprint
598 m²
Building volume
3,471 m³
Parcel 44066D0260/00H002, Flanders · tallest building 7.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Dellaertsdreef 9, 9940 Evergem
Activities of head offices
since 1994unit no. 2.069.013.562
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44066D0260/00H002 Flanders 1,071 m² 1 · 598 m² 7.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.