MV BUILDING
ActiveMV BUILDING has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €278k and a net result of €15k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 27% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability26▼-37
Solvency28▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.0 in 2023), and 80% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
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 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
34 d early
2022
21 d early
2021
20 d early
2020
45 d early
2019
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€278k▲ 5.6%
2023 · €263k
2018: €170k
2019: €150k
2020: €184k
2021: €227k
2022: €230k
2023: €263k
2018 → 2024
Total assets
€1.39M▼ 0.6%
2023 · €1.39M
2018: €1.12M
2019: €728k
2020: €754k
2021: €1.02M
2022: €1.42M
2023: €1.39M
2018 → 2024
Net result
€15k▼ 55.9%
2023 · €33k
2018: €3k
2019: €-20k
2020: €35k
2021: €42k
2022: €3k
2023: €33k
2018 → 2024
Working capital
€86k
2023 · €-1k
2018: €-491k
2019: €71k
2020: €143k
2021: €219k
2022: €-46k
2023: €-1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€184k-€227k▲ 22.9%€230k▲ 1.4%€263k▲ 14.4%€278k▲ 5.6%
Operating result€35k-€43k▲ 22.9%€6k▼ 85.1%€40k▲ 521%€21k▼ 46.8%
Net result€35k-€42k▲ 22.0%€3k▼ 92.6%€33k▲ 957%€15k▼ 55.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.39M
Fixed assets
€768k▼ 8.0%
Current assets
€619k▲ 10.4%
Equity and liabilities €1.39M
Equity
€278k▲ 5.6%
Debt
€1.11M▼ 2.0%
The debt ratio falls from 81.1% to 80.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€93k▼
2023 · €116k
Cash flow
€86k▼
2023 · €110k
Solvency
20.0%▲
2023 · 18.9%
Current ratio
1.16▲
2023 · 1.00
Quick ratio
0.16▲
2023 · 0.08
Debt / equity
3.99▼
2023 · 4.30
ROE
5.3%▼
2023 · 12.6%
ROA
1.1%▼
2023 · 2.4%
Interest coverage
14.46▼
2023 · 17.38
Debt
€1.11M▼
2023 · €1.13M
Debt ≤ 1 year
€533k▼
2023 · €562k
Debt > 1 year
€557k=
2023 · €557k
Income taxes
€140▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.39M€1.39M▼
Fixed assets21/28€834k€768k▼
Tangible fixed assets22/27€834k€768k▼
Land and buildings22€799k€739k▼
Plant, machinery and equipment23€34k€25k▼
Furniture and vehicles24€2k€4k▲
Current assets29/58€561k€619k▲
Stocks and contracts in progress3€513k€533k▲
Stocks30/36€513k€533k▲
Amounts receivable within one year40/41€19k€17k▼
Trade receivables40€17k€14k▼
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€28k€68k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.39M▼
Equity10/15€263k€278k▲
Contributions10/11€798k€798k=
Outside capital11€798k€798k=
Other1109/19€798k€798k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-537k€-523k▲
Amounts payable17/49€1.13M€1.11M▼
Amounts payable after more than one year17€557k€557k=
Financial debts170/4€557k€557k=
Amounts payable within one year42/48€562k€533k▼
Trade debts44€106€1k▲
Suppliers440/4€106€1k▲
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€6k€8k▲
Other amounts payable47/48€555k€524k▼
Accrued charges and deferred income492/3€13k€19k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€72k▼
Other operating charges640/8€15k€15k▲
Gross operating margin9900€131k€108k▼
Operating profit (loss)9901€40k€21k▼
Financial income75/76B€192€7▼
Recurring financial income75€192€7▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€33k€15k▼
Income taxes67/77€132€140▲
Profit (loss) for the period9904€33k€15k▼
Profit (loss) for the period to be appropriated9905€33k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-537k€-523k▲
Profit (loss) brought forward from the previous period14P€-570k€-537k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €42k ▲22%
Operating result €43k, net result €42k, both a record.
31-12
Financial
Equity above €200kEq €227k ▲22.9%
2 profitable years in a row build equity to €227k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 19.59
Current ratio from 7.03 to 19.59; short-term debt falls from €12k to €8k.
31-12
Financial
Equity above €150kEq €184k ▲23.1%
Equity rises from €150k to €184k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-20k ▼743%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 15current ratio 7.03
Current ratio from 0.48 to 7.03; short-term debt falls from €952k to €12k.
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europark-Oost 409100 Sint-NiklaasGround area
8,157 m²
Building footprint
2,077 m²
Volume, LiDAR
14,534 m³
Parcel 46442C0428/00G000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Europark-Oost 40, 9100 Sint-Niklaas
since 19872.033.548.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0428/00G000 | Flanders | 8,157 m² | 1 · 2,077 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 2025 · 4 entries · 930 EUR awarded · 1,047 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 330 EUR | 330 EUR |
| 2024 | 1 | 0 EUR | 117 EUR |
| 2023 | 1 | 231 EUR | 231 EUR |
| 2022 | 1 | 369 EUR | 369 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BEERNAERT
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GREMATEX
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Of 127 companies in sector 14100 we hold annual accounts for 12. 9 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-1987
Fiscal year end31-12
Activities, NACEBEL
14100Manufacture of wearing apparel
14390Manufacture of wearing apparel
17720
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Business parks
2 parksOffers a parcel on business park:Europark - Oost
Offers a parcel on business park:Kieldrechtsebaan