MV-DESIGN
ActiveSummary
MV-DESIGN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €-28k. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 1518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+5
Solvency83▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.81 in 2024; short-term debt: 34.6% and cash: 10.3% of total assets), and 42.1% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
29 d late
2022
23 d late
2021
61 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€159k▼ 14.9%
2024 · €187k
2018: €392k
2019: €372k
2020: €372k
2021: €292k
2022: €292k
2023: €209k
2024: €187k
2018 → 2025
Total assets
€275k▼ 5.4%
2024 · €291k
2018: €654k
2019: €517k
2020: €498k
2021: €395k
2022: €384k
2023: €341k
2024: €291k
2018 → 2025
Net result
€-28k▼ 26.2%
2024 · €-22k
2018: €55k
2019: €-49k
2020: €-46k
2021: €-34k
2022: €40
2023: €36k
2024: €-22k
2018 → 2025
Working capital
€-40k▼ 253%
2024 · €-11k
2018: €99k
2019: €79k
2020: €107k
2021: €57k
2022: €65k
2023: €-10k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€292k-€292k=€209k▼ 28.4%€187k▼ 10.6%€159k▼ 14.9%
Operating result€-31k-€2k€43k▲ 1,737%€-16k€-24k▼ 47.6%
Net result€-34k-€40€36k▲ 89,395%€-22k€-28k▼ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2025 against €16k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275k
Fixed assets
€220k ▼ 9.3%
Current assets
€55k ▲ 14.3%
Equity and liabilities €275k
Equity
€159k ▼ 14.9%
Debt
€116k ▲ 11.8%
Debt's share of the balance-sheet total rises from 35.6% to 42.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▼
2024 · €27k
Cash flow
€18k▼
2024 · €21k
Current ratio
0.58▼
2024 · 0.81
Debt to equity
0.73▲
2024 · 0.55
ROE
-17.5%▼
2024 · -11.8%
ROA
-10.1%▼
2024 · -7.6%
Interest coverage
6.44▲
2024 · 4.95
Debt ≤ 1 year
€95k▲
2024 · €60k
Debt > 1 year
€21k▼
2024 · €44k
Income taxes
€248▲
2024 · €235
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€291k€275k▼
Fixed assets21/28€243k€220k▼
Tangible fixed assets22/27€242k€220k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€17k€22k▲
Assets under construction and advance payments27€221k€192k▼
Financial fixed assets28€500€500=
Current assets29/58€48k€55k▲
Amounts receivable within one year40/41€31k€24k▼
Trade receivables40€9k€506▼
Other amounts receivable41€22k€23k▲
Cash at bank and in hand54/58€12k€28k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€291k€275k▼
Equity10/15€187k€159k▼
Contributions10/11€6k€6k=
Reserves13€181k€153k▼
Tax-exempt reserves132€12k€12k=
Distributable reserves133€169k€141k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€104k€116k▲
Amounts payable after more than one year17€44k€21k▼
Financial debts170/4€44k€21k▼
Amounts payable within one year42/48€60k€95k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€6k€20k▲
Taxes450/3€4k€255▼
Remuneration and social security454/9€2k€19k▲
Other amounts payable47/48€24k€48k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€46k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€32k€26k▼
Operating profit (loss)9901€-16k€-24k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-22k€-28k▼
Income taxes67/77€235€248▲
Profit (loss) for the period9904€-22k€-28k▼
Profit (loss) for the period to be appropriated9905€-22k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-28k▼
Transfer from equity791/2€22k€28k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €40
Net result €40 after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.94
Current ratio from 2.41 to 4.94; short-term debt falls from €56k to €27k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-49k ▼189%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Alken · 1 establishment unit since 1999
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.
Snoekstraat 173570 AlkenGround area
2,491 m²
Building footprint
402 m²
Volume, LiDAR
1,675 m³
2 parcels, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Snoekstraat 17A, 3570 Alken
since 19992.092.929.606
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73302F0596/00F003 | Flanders | 2,374 m² | 1 · 207 m² | 6.0 m · 2 fl. |
| 73302F0597/00K000 | Flanders | 117 m² | 1 · 195 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SITE & CO
BE 0435.013.227
Sint-Gillis (bij-Brussel) · Eq €160,327
CZAR FILM &TV
BE 0846.783.670
Sint-Jans-Molenbeek · Eq €158,302
DUBBING BROTHERS BELGIUM
BE 0457.377.170
Anderlecht · Eq €158,033
ONR PRODUCTIONS
BE 0812.352.828
Watermaal-Bosvoorde · Eq €157,581
Movie FX
BE 0716.887.804
Kortrijk · Eq €161,744
Of 1,058 companies in sector 59120 we hold annual accounts for 451. 365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-1999
Fiscal year end31-12
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
77229Renting and leasing of other personal and household goods
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.