MV DECO
The computed 12-month bankruptcy probability of MV DECO is 2.5% (moderate). The 2024 annual accounts show equity of €10k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 36382 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €5k |
| Better than sector | 14% |
| Active | 6 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.1% | 46.6% | |
| Net result | €5k | €9k | |
| Equity | €10k | €58k | |
| Gross operating margin | €56k | €38k | |
| Staff costs | €32k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €20k | €16k | €14k | €8k | €10k |
| Net profit | €5k | €7k | €9k | €4k | €4k |
| Cash flow | €14k | €12k | €11k | €6k | €8k |
| Staff costs | €32k | €26k | €22k | - | - |
| Income taxes | €4k | €3k | €3k | €1k | €1k |
| Dividends | - | - | - | - | - |
| Total assets | €107k | €100k | €39k | €29k | €24k |
| Equity | €10k | €23k | €20k | €11k | €7k |
| Debt | €97k | €77k | €19k | €17k | €17k |
| of which ≤ 1y | €58k | €45k | €19k | €17k | €17k |
| of which > 1y | €23k | €31k | - | - | - |
| Working capital | €13k | €14k | €19k | €9k | €3k |
| Employees (FTE) | - | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.23 | 1.31 | 1.99 | 1.50 | 1.15 |
| Quick ratio | 1.23 | 1.31 | 1.99 | 1.50 | 1.15 |
| Working capital ratio | 12.3% | 13.8% | 47.9% | 30.9% | 10.6% |
| Solvency | 9.1% | 23.1% | 51.8% | 38.8% | 30.1% |
| Debt / equity | 9.93 | 3.32 | 0.93 | 1.58 | - |
| Long-term debt ratio | 2.36 | 1.36 | - | - | - |
| Interest coverage | 7.03 | 10.85 | 107.39 | 39.55 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 4.4% | 6.7% | 23.3% | 13.5% | 17.6% |
| ROE | 48.3% | 29.2% | 45.1% | 34.9% | 58.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €107k | €100k | €39k | €29k | €24k |
| Fixed assets | 21/28 | €34k | €39k | €210 | €2k | €5k |
| Formation expenses | 20 | €1k | €1k | €1k | - | €0 |
| Intangible fixed assets | 21 | - | - | - | - | €0 |
| Tangible fixed assets | 22/27 | €34k | €39k | €0 | €2k | €5k |
| Financial fixed assets | 28 | €210 | €210 | €210 | - | - |
| Current assets | 29/58 | €71k | €59k | €37k | €26k | €19k |
| Amounts receivable within one year | 40/41 | €40k | €37k | €11k | €15k | €15k |
| Cash & bank | 54/58 | €29k | €20k | €3k | €11k | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k | €100k | €39k | €29k | €24k |
| Equity | 10/15 | €10k | €23k | €20k | €11k | €7k |
| Contributions / capital | 10/11 | €3k | €3k | €3k | €3k | €3k |
| Reserves | 13 | €300 | - | - | - | - |
| Accumulated profits (losses) | 14 | €6k | €20k | €17k | €8k | €4k |
| Amounts payable | 17/49 | €97k | €77k | €19k | €17k | €17k |
| Amounts payable after one year | 17 | €23k | €31k | - | - | - |
| Amounts payable within one year | 42/48 | €58k | €45k | €19k | €17k | €17k |
| Trade debts payable within one year | 44 | €17k | €25k | €7k | €15k | €15k |
| Income statement | ||||||
| Gross operating margin | 9900 | €56k | €65k | €37k | €8k | €10k |
| Operating result | 9901 | €11k | €11k | €12k | €5k | €6k |
| Financial income | 75 | €2 | €0 | €47 | - | - |
| Financial charges | 65 | €3k | €1k | €133 | €196 | €11 |
| Result before taxes | 9903 | €8k | €10k | €12k | €5k | €6k |
| Income taxes | 67/77 | €4k | €3k | €3k | €1k | €1k |
| Net result for the period | 9904 | €5k | €7k | €9k | €4k | €4k |
| Result to be appropriated | 9905 | €5k | €7k | €9k | €4k | €4k |
Former directors (1)
-
Mandici lonelaDirectorState Gazette act 22036444 (17-03-2022)Former- → 31-12-2021
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 09-12-2019 |
| Status | Active |
| Postal code | 1780 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0050/00M007 | Brussels | 4,658 m² | 1 · 369 m² | 16.6 m · 4 fl. |
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-08-2025 Registered office moved to Wemmel
- Place LT. Graff 15, 1780 Wemmel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "unite_exploitation",
"new_address": {
"raw": null,
"city": "Wemmel",
"region": "vlaams_gewest",
"street": "Place LT. Graff",
"country": "BE",
"postcode": "1780",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2025-07-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-08-28",
"filing_date": "2025-08-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-07-17",
"unanimous": true
},
"subject_company": {
"kbo": "0738.885.721",
"name_full": "MV DECO",
"legal_form": "BESLOTEN VENNOOTSCHAP",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "MANDICI VASILE",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}13-12-2022 Board composition published
Technical details
{
"events": [
{
"kind": "board_snapshot",
"role": "directeur",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de transf\u00E9rer le si\u00E8ge \u00E0: 1731 Zellik, Doornveld 140-149.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Matthieu DERYNCK",
"firm_city": null,
"firm_name": "Van Halteren, Notaires Associ\u00E9s",
"office_city": "Bruxelles",
"is_associated": true
},
"act_meta": {
"language": "fr",
"pub_date": "2022-12-13",
"filing_date": "2022-12-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-11-22",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0738.885.721",
"name_full": "MV DECO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Matthieu DERYNCK",
"org_rep_person_name": null,
"person_role_at_subject": "notaire associ\u00E9"
},
"co_filed_documents": [
"exp\u00E9dition"
],
"corrected_publication_numac": null
}13-12-2022 Registered office moved to Anderlecht
- 1070 Anderlecht, Jules Graindorlaan 40
Technical details
{
"events": [
{
"kind": "zetel_transfer_cross_border_in",
"seat_type": "siege_social",
"new_address": {
"raw": "1070 Anderlecht, Jules Graindorlaan 40",
"city": "Anderlecht",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Jules Graindorlaan",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "40",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Matthieu DERYNCK",
"firm_city": null,
"firm_name": "Van Halteren, Geassocieerde Notarissen",
"office_city": "Brussel",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-13",
"filing_date": "2022-12-05",
"act_kind_objet": "ZETELVERPLAATSING - AANNEMING VAN DE NEDERLANDSE VERSIE VAN DE STATUTEN"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-12-05",
"unanimous": true
},
"subject_company": {
"kbo": "0738.885.721",
"name_full": "MV DECO",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Matthieu DERYNCK",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"akte houdende zetelverplaatsing verleden op heden voorafgaandelijk aan de huidige akte"
]
}17-03-2022 Mandici lonela resigns as director
- Mandici lonela, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Mandici lonela",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2021-12-31",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale de ce jour acte la d\u00E9mission au titre d\u0027administrateur de Madame Mandici lonela \u00E0 la date du 31/12/2021 et lui donne quitus pour son mandat",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2022-03-10",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2021-12-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0738.885.721",
"name_full": "MV DECO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "MANDICI VASILE",
"org_rep_person_name": null,
"person_role_at_subject": "ADMINISTRATEUR"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | MV DECO |