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MV-Development

Active
Private limited companyfounded 2016active for 10 yearsLage Kaart 45, 2930 Brasschaat, BelgiumKBO/BCE: BE 0660.932.066
Summary

MV-Development has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,315 and a net result of €14,898. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 18% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MV-DEVELOPMENT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 22-09-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 11 - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering die bestuurder(s) benoemt” (deed in Dutch)
“Of mandaat al dan niet ten kosteloze titel wordt uitgeoefend, bedrag van vaste of evenredige vergoeding” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 22-09-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager en helft koper(s) naar evenredigheid verworven aantal, elke overdracht onder levenden ten bezwarende als kosteloze titel…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Ten minste vijftien dagen te rekenen van dag openstelling intekening, in geld” (deed in Dutch)

deed of 22-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of May at 19:00

deed of 22-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 22-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bestuursorgaan” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Zittingen processen-verbaal, aanwezigheidslijst,verslagen,volmachten,schriftelijke stemmingen” (deed in Dutch)
Other provision: “Verdaging, doet geen afbreuk aan andere besluiten, tenzij vergadering anders beslist” (deed in Dutch)
Other provision: “Bestemming winst-reserves-interimdividend, elk aandeel gelijk aandeel in winstverdeling” (deed in Dutch)
Other provision: “Uitvoering statuten,mededelingen,aanmaningen,dagvaardingen,betekeningen, woonstkeuze” (deed in Dutch)
Other provision: “Gemeen recht, geacht ingeschreven indien niet geldig afgeweken” (deed in Dutch)
Other provision: “Artikel8 blote eigendom-vruchtgebruik en tegenwerpelijkheid, obligaties,inschrijvingsrechten,certificaten met medewerking vennootschap…” (deed in Dutch)
3 more provisions in the deed, see the deed of 22-09-2023

deed of 22-09-2023