MV Construction & Gestion

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MV Construction & Gestion is 1.1% (low). The 2023 annual accounts show equity of €63k and a net result of €9k. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 56% of 3159 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 380 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-08-2024, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	21-08-2024	21 d late	2024-00364343
31-12-2022	31-07-2023	08-12-2023	130 d late	2023-00525777
31-12-2021	31-07-2022	30-06-2023	334 d late	2023-00182414
31-12-2020	31-07-2021	20-10-2021	81 d late	2021-72400440
31-12-2019	31-07-2020	03-09-2020	34 d late	2020-51800023
31-12-2018	31-07-2019	30-09-2019	61 d late	2019-68300295
31-12-2016	31-07-2017	28-08-2017	28 d late	2017-50900435
31-12-2015	31-07-2016	11-08-2016	11 d late	2016-42400511
31-12-2014	31-07-2015	21-09-2015	52 d late	2015-59800162
31-12-2013	31-07-2014	08-09-2014	39 d late	2014-58300287

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2007, 19 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.1% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€258k+41.3%

EBIT margin5.6%-4.5pp

Net result€9k-22.2%

Working capital€53k+17.3%

CSV export

Annual accounts & ratios

Source: NBB · 2023

Annual accounts filed on 21-08-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~41%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	42.7%	37.5%	better than 56% of 3159 sector peers
Net result	€9k	€9k	better than 49% of 3151 sector peers
Equity	€63k	€25k	better than 78% of 3164 sector peers
Gross operating margin	€37k	€27k	better than 61% of 3145 sector peers
Staff costs	€10k	€20k	higher than 41% of 950 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P56

Stable position over 2020-2023 · n=494-3159

Net result P49

Weakening position over 2020-2023 · n=492-3151

Equity P78

Improving position over 2020-2023 · n=497-3164

Gross operating margin P61

Stable position over 2020-2023 · n=493-3145

Describes the position versus peers, not a forecast.

Revenue

€258k

+41.3% 18-23

EBITDA

€17k

-35.5% 18-23

Net profit

€9k

-22.2% 18-23

Cash flow

€11k

-16.6% 18-23

Total assets

€148k

+27.5% 18-23

Equity

€63k

+15.6% 18-23

Working capital

€53k

+17.3% 18-23

Employees (FTE)

1

0.0% 18-23

Staff costs

€10k

-54.1% 18-23

Income taxes

€8k

-19.8% 18-23

Debt

€85k

+38.1% 18-23

Debt ≤ 1y

€85k

+42.1% 18-23

Current ratio

1.62

-7.5% 18-23

Quick ratio

1.56

-7.0% 18-23

Solvency

42.7%

-9.3% 18-23

Debt / equity

1.34

+19.4% 18-23

ROE

13.5%

-32.7% 18-23

ROA

5.8%

-39.0% 18-23

Net margin

1.6%

- 18-23

EBITDA margin

6.6%

-42.8% 18-23

Interest coverage

4.54

+38.9% 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€17k
Net profit	€9k
Cash flow	€11k
Staff costs	€10k
Income taxes	€8k
Dividends	-
Total assets	€148k
Equity	€63k
Debt	€85k
of which ≤ 1y	€85k
of which > 1y	-
Working capital	€53k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	1.62
Quick ratio	1.56
Working capital ratio	35.8%
Solvency	42.7%
Debt / equity	1.34
Long-term debt ratio	-
Interest coverage	4.54
Gross margin	-
Net margin	-
ROA	5.8%
ROE	13.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €10k · 6.9% Current assets €138k · 93.1%

Equity & liabilities

Equity €63k · 42.7% Debt €85k · 57.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€148k
Fixed assets	21/28	€10k
Tangible fixed assets	22/27	€7k
Financial fixed assets	28	€3k
Current assets	29/58	€138k
Stocks & contracts in progress	3	€5k
Amounts receivable within one year	40/41	€111k
Cash & bank	54/58	€21k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€148k
Equity	10/15	€63k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€45k
Amounts payable	17/49	€85k
Amounts payable within one year	42/48	€85k
Trade debts payable within one year	44	€51k
Income statement
Gross operating margin	9900	€37k
Operating result	9901	€15k
Financial income	75	€5k
Financial charges	65	€4k
Result before taxes	9903	€16k
Income taxes	67/77	€8k
Net result for the period	9904	€9k
Result to be appropriated	9905	€9k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2023 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

3 directors

Current directors & mandates

Emanuel Asafe De Souza
Director
State Gazette act 25087290 (10-07-2025)

Current
31-12-2024 → present

Former directors (2)

VAN UYTFANG Michel
Director
State Gazette act 24085009 (05-06-2024)

Former
01-04-2024 → 31-12-2024
2 events
- 31-12-2024 Resigned· Director
- 01-04-2024 Appointed· Director
WINCKELS Ludovic
Director
State Gazette act 24085009 (05-06-2024)

Former
- → 01-04-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Private limited company(610)
Incorporation	30-03-2007
Status	Active
Postal code	3090

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Brusselsesteenweg 2923090 Overijse

Establishment units

1 location

Brusselsesteenweg 292, 3090 Overijse

Algemene bouw van residentiële gebouwen

since 20242.373.365.613

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,934 m²

Buildings1

Building footprint198 m²

Volume (LiDAR)848 m³

Tallest building6.6 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)