Summary
MV CONSTRUCT & MANAGEMENT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €157,931 and a net result of €11,125. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 70% of 9,327 sector peers (NACE 41, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€157,931▲ 7.6%
2024 · €146,807
Total assets
€255,166▼ 10.1%
2024 · €283,847
Net result
€11,125
2024 · -€520
Working capital
€18,674▲ 76.4%
2024 · €10,588
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 54% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€16,591
2025
Net result€11,125
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€255,166
2025
Equity€157,931
2025
Debt€97,234
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€18,674
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency61.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.39
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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
Line2019202020212022202320242025
Operating result€22,931-€19,741▼ 13.9%€37,225▲ 88.6%€56,494▲ 51.8%-€17,016€10,749€16,591▲ 54.4%
Net result€12,684-€12,547within the sector's middle half▼ 1.1%€21,917within the sector's middle half▲ 74.7%€32,984within the sector's middle half▲ 50.5%-€23,436below the sector's middle half-€520within the sector's middle half▲ 97.8%€11,125within the sector's middle half
Equity€103,316-€115,863within the sector's middle half▲ 12.1%€137,780within the sector's middle half▲ 18.9%€170,763within the sector's middle half▲ 23.9%€147,327above the sector's middle half▼ 13.7%€146,807above the sector's middle half▼ 0.4%€157,931above the sector's middle half▲ 7.6%
Total assets€244,058-€172,280below the sector's middle half▼ 29.4%€324,865below the sector's middle half▲ 88.6%€315,213below the sector's middle half▼ 3.0%€350,845above the sector's middle half▲ 11.3%€283,847within the sector's middle half▼ 19.1%€255,166within the sector's middle half▼ 10.1%
Debt€140,743-€56,417▼ 59.9%€187,085▲ 232%€144,449▼ 22.8%€203,517▲ 40.9%€137,040▼ 32.7%€97,234▼ 29.0%
Working capital-€44,350--€31,732below the sector's middle half▲ 28.5%-€22,419below the sector's middle half▲ 29.3%-€5,425below the sector's middle half▲ 75.8%-€30,268below the sector's middle half▼ 458%€10,588within the sector's middle half€18,674within the sector's middle half▲ 76.4%
Solvency42.3%-67.3%above the sector's middle half▲ 24.9pp42.4%within the sector's middle half▼ 24.8pp54.2%within the sector's middle half▲ 11.8pp42.0%within the sector's middle half▼ 12.2pp51.7%within the sector's middle half▲ 9.7pp61.9%within the sector's middle half▲ 10.2pp
Current ratio0.67-0.39below the sector's middle half▼ 0.280.88below the sector's middle half▲ 0.490.96below the sector's middle half▲ 0.080.81below the sector's middle half▼ 0.151.16within the sector's middle half▲ 0.351.39within the sector's middle half▲ 0.23
Return on assets (ROA)5.2%-7.3%within the sector's middle half▲ 2.1pp6.7%within the sector's middle half▼ 0.5pp10.5%above the sector's middle half▲ 3.7pp-6.7%below the sector's middle half▼ 17.1pp-0.2%within the sector's middle half▲ 6.5pp4.4%within the sector's middle half▲ 4.5pp
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: 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 €255,166
Fixed assets
€188,554 ▼ 8.6%
Current assets
€66,612 ▼ 14.1%
Equity and liabilities €255,166
Equity
€157,931 ▲ 7.6%
Debt
€97,234 ▼ 29.0%
Debt's share of the balance-sheet total falls from 48.3% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
7.0%▲
2024 · -0.4%
Debt ≤ 1 year
€47,938▼
2024 · €66,952
Debt > 1 year
€49,296▼
2024 · €70,088
Income taxes
€252▲
2024 · €223
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,110 | €1,965 | €2,732 | €5,368 | €11,688 | €21,327 | €18,926 | ▼ 11.3% |
| Other operating charges640/8 | - | - | - | €2,148 | €1,381 | €1,913 | €3,423 | ▲ 78.9% |
| Gross operating margin9900 | €29,366 | €22,997 | €41,563 | €64,010 | -€3,947 | €33,989 | €38,940 | ▲ 14.6% |
| Operating profit (loss)9901 | €22,931 | €19,741 | €37,225 | €56,494 | -€17,016 | €10,749 | €16,591 | ▲ 54.4% |
| Financial income75/76B | - | - | - | €5 | €7 | €3 | €7 | ▲ 112% |
| Recurring financial income75 | €94 | €4 | €2 | €5 | €7 | €3 | €7 | ▲ 112% |
| Financial charges65/66B | - | - | - | €6,411 | €6,216 | €11,050 | €5,222 | ▼ 52.7% |
| Recurring financial charges65 | €3,475 | €3,037 | €4,650 | €6,411 | €6,216 | €11,050 | €5,222 | ▼ 52.7% |
| Profit (loss) for the period before taxes9903 | €19,549 | €16,708 | €32,577 | €50,088 | -€23,225 | -€298 | €11,376 | - |
| Income taxes67/77 | €6,866 | €4,162 | €10,660 | €17,104 | €211 | €223 | €252 | ▲ 13.0% |
| Profit (loss) for the period9904 | €12,684 | €12,547 | €21,917 | €32,984 | -€23,436 | -€520 | €11,125 | - |
| Profit (loss) for the period to be appropriated9905 | €12,684 | €12,547 | €21,917 | €32,984 | -€23,436 | -€520 | €11,125 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €244,058 | €172,280 | €324,865 | €315,213 | €350,845 | €283,847 | €255,166 | ▼ 10.1% |
| Fixed assets21/28 | €153,690 | €151,725 | €160,498 | €176,496 | €221,458 | €206,306 | €188,554 | ▼ 8.6% |
| Tangible fixed assets22/27 | €3,690 | €1,725 | €10,498 | €26,496 | €71,458 | €56,306 | €38,554 | ▼ 31.5% |
| Plant, machinery and equipment23 | - | - | - | €5,011 | €5,083 | €3,258 | €1,433 | ▼ 56.0% |
| Furniture and vehicles24 | - | - | - | €21,485 | €12,552 | €10,244 | €5,335 | ▼ 47.9% |
| Leasing and similar rights25 | - | - | - | - | €53,823 | €42,805 | €31,786 | ▼ 25.7% |
| Financial fixed assets28 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Current assets29/58 | €90,369 | €20,555 | €164,366 | €138,717 | €129,387 | €77,540 | €66,612 | ▼ 14.1% |
| Stocks and contracts in progress3 | - | - | €12,000 | - | - | €12,000 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | - | - | €12,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €71,814 | €17,794 | €5,772 | €37,518 | €19,183 | €61,136 | €56,354 | ▼ 7.8% |
| Trade receivables40 | - | - | - | €11,607 | €8,869 | €47,843 | €55,800 | ▲ 16.6% |
| Other amounts receivable41 | - | - | - | €25,911 | €10,313 | €13,293 | €554 | ▼ 95.8% |
| Cash at bank and in hand54/58 | €16,477 | €996 | €144,770 | €99,130 | €105,145 | €1,536 | €4,571 | ▲ 198% |
| Deferred charges and accrued income490/1 | - | - | - | €2,069 | €5,059 | €2,868 | €5,686 | ▲ 98.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €244,058 | €172,280 | €324,865 | €315,213 | €350,845 | €283,847 | €255,166 | ▼ 10.1% |
| Equity10/15 | €103,316 | €115,863 | €137,780 | €170,763 | €147,327 | €146,807 | €157,931 | ▲ 7.6% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €97,116 | €109,663 | €131,580 | €164,563 | €164,563 | €164,563 | €164,563 | = |
| Distributable reserves133 | - | - | - | €164,563 | €164,563 | €164,563 | €164,563 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€23,436 | -€23,956 | -€12,832 | ▲ 46.4% |
| Amounts payable17/49 | €140,743 | €56,417 | €187,085 | €144,449 | €203,517 | €137,040 | €97,234 | ▼ 29.0% |
| Amounts payable after more than one year17 | €6,024 | €2,331 | - | - | €43,563 | €70,088 | €49,296 | ▼ 29.7% |
| Financial debts170/4 | - | - | - | - | €43,563 | €70,088 | €49,296 | ▼ 29.7% |
| Amounts payable within one year42/48 | €134,718 | €52,286 | €186,785 | €144,141 | €159,655 | €66,952 | €47,938 | ▼ 28.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €11,528 | €20,498 | €20,792 | ▲ 1.4% |
| Financial debts43 | - | - | - | €125,000 | €125,000 | €0 | - | - |
| Credit institutions430/8 | - | - | - | €125,000 | €125,000 | €0 | - | - |
| Trade debts44 | €31,359 | €5,312 | €10,493 | €610 | €2,230 | €1,153 | €159 | ▼ 86.2% |
| Suppliers440/4 | - | - | - | €610 | €2,230 | €1,153 | €159 | ▼ 86.2% |
| Taxes, remuneration and social security45 | - | - | - | €10,056 | €12,200 | €10,297 | €8,052 | ▼ 21.8% |
| Taxes450/3 | - | - | - | €4,056 | €3,600 | €2,497 | €252 | ▼ 89.9% |
| Remuneration and social security454/9 | - | - | - | €6,000 | €8,600 | €7,800 | €7,800 | = |
| Other amounts payable47/48 | - | - | - | €8,475 | €8,697 | €35,004 | €18,936 | ▼ 45.9% |
| Accrued charges and deferred income492/3 | - | - | - | €308 | €300 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,684 | €12,547 | €21,917 | €32,984 | -€23,436 | -€520 | €11,125 | - |
| + Depreciation and write-downs630 | €5,110 | €1,965 | €2,732 | €5,368 | €11,688 | €21,327 | €18,926 | ▼ 11.3% |
| Operating cash flow (approximation) | €17,793 | €14,511 | €24,649 | €38,352 | -€11,748 | €20,806 | €30,050 | ▲ 44.4% |
| Investment in fixed assets (approximation) | - | €0 | -€11,505 | -€21,366 | -€56,651 | -€6,175 | -€1,173 | ▲ 81.0% |
| Change in cash | - | -€15,482 | €143,775 | -€45,641 | €6,015 | -€103,609 | €3,035 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00016160 |
| 30-06-2024 | micro format | 27-01-2025 | 2025-00012174 |
| 30-06-2023 | micro format | 25-01-2024 | 2024-00015623 |
| 30-06-2022 | abbreviated format | 16-12-2022 | 2022-20540289 |
| 30-06-2021 | abbreviated format | 30-12-2021 | 2021-82200564 |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-02600368 |
| 30-06-2019 | abbreviated format | 10-01-2020 | 2020-00800258 |
| 30-06-2018 | micro format | 22-01-2019 | 2019-02000072 |
| 30-06-2017 | micro format | 18-12-2017 | 2017-72200099 |
| 30-06-2016 | abbreviated format | 13-07-2017 | 2017-32000315 |
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Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,303. 12,716 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.