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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 has been growing by about 18% per year since 2018. Its solvency ranks better than 18% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 16-08-2016 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.256.608.394 2930 Brasschaat, since 16-08-2016
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Holdings
Shares in 4 companies including RENIVAN and VANHALME

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€34,941
Profit
€14,898
▼ 78.7%
Equity
€225,315
▲ 7.1%
Total assets
€1.6m
▲ 14.1%
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 0.72, cash €27,299, halvedlowers riskSize: total assets €1.6mSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 04-06-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 24% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Weak
Solvency 39-1
equity 14.3% of total assets
Liquidity 17-6
short-term debt 65.8% · cash 1.7%
Profitability 20-34
return on assets 0.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,531 companies, NACE 70, micro)
Last 24 months 12-2024: 0.8%highest value 01-2025: 0.1%▼ -0.7 percentage points vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 07-2026: 0.1% 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.72 (0.66 in 2024), below 1. Short-term debt is 65.8% and cash 1.7% of total assets. 85.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 20% of them on solvency, 7% on liquidity, 14% on profitability and 54% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.72, cash €27,299, halved
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Figures for financial year 2025 (filed on 04-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10818 sector peers (2025).
NBB · sector comparison
Position among 10818 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
57 days early
2024
62 days early
2023
56 days early
2022
39 days early
2021
34 days early
2020
54 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 04-06-2026 PDF all 9 filings

Equity
€225,315▲ 7.1%
2024 · €210,417
Total assets
€1.6m▲ 14.1%
2024 · €1.4m
Net result
€14,898▼ 78.7%
2024 · €70,079
Working capital
-€294,090▼ 0.6%
2024 · -€292,362
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€42,802
2025
20182025
Net result
€14,898
▼ 78.7% 2025
middle half of the sector
20182025
Equity
€225,315
▲ 7.1% 2025
middle half of the sector
20182025
Total assets
€1.6m
▲ 14.1% 2025
middle half of the sector
20182025
Debt
€1.4m
▲ 15.4% 2025
20182025
Working capital
-€294,090
▼ 0.6% 2025
lowest quarter of the sector
20182025
Solvency
14.3%
▼ 0.9pp 2025
lowest quarter of the sector
20182025
Current ratio
0.72
▲ 0.06 2025
middle half of the sector
20182025
Return on assets (ROA)
0.9%
▼ 4.1pp 2025
middle half of the sector
20182025
Staff (FTE)
0
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.07m▲ 238%€0.05m▼ 23.4%€0.04m▼ 33.1%€0.03m▼ 13.4%€0.06m▲ 97.5%€0.05m▼ 23.5%-€0.04m
Net result€0.01m-€0.05m▲ 411%€0.04mwithin the sector's middle half▼ 24.6%€0.06mwithin the sector's middle half▲ 61.2%€0.02mwithin the sector's middle half▼ 64.8%€0.1mwithin the sector's middle half▲ 351%€0.07mwithin the sector's middle half▼ 27.5%€0.01mwithin the sector's middle half▼ 78.7%
Equity€0.07m-€0.1m▲ 67.3%€0.05mbelow the sector's middle half▼ 63.9%€0.1mwithin the sector's middle half▲ 149%€0.1mwithin the sector's middle half▲ 19.1%€0.1mwithin the sector's middle half▲ 5.0%€0.2mwithin the sector's middle half▲ 49.9%€0.2mwithin the sector's middle half▲ 7.1%
Total assets€0.2m-€0.3m▲ 16.3%€0.5mwithin the sector's middle half▲ 94.5%€0.5mwithin the sector's middle half▼ 8.9%€0.5mwithin the sector's middle half▲ 2.0%€0.6mwithin the sector's middle half▲ 18.3%€1.4mwithin the sector's middle half▲ 135%€1.6mwithin the sector's middle half▲ 14.1%
Debt€0.2m-€0.1m▼ 7.4%€0.5m▲ 227%€0.4m▼ 23.4%€0.4m▼ 3.2%€0.4m▲ 23.3%€1.2m▲ 162%€1.4m▲ 15.4%
Working capital-€0.1m--€0.05m▲ 50.0%€0.2mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 77.1%€0.2mwithin the sector's middle half▼ 17.7%€0.2mwithin the sector's middle half▼ 0.6%-€0.3mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 0.6%
Solvency31.7%-45.5%▲ 13.9pp8.4%below the sector's middle half▼ 37.1pp23.1%below the sector's middle half▲ 14.6pp27.0%within the sector's middle half▲ 3.9pp23.9%below the sector's middle half▼ 3.0pp15.2%below the sector's middle half▼ 8.7pp14.3%below the sector's middle half▼ 0.9pp
Current ratio0.38-0.67▲ 0.281.98within the sector's middle half▲ 1.316.24above the sector's middle half▲ 4.266.36above the sector's middle half▲ 0.122.85within the sector's middle half▼ 3.510.66within the sector's middle half▼ 2.190.72within the sector's middle half▲ 0.06
Return on assets (ROA)4.2%-18.3%▲ 14.1pp7.1%within the sector's middle half▼ 11.2pp12.6%within the sector's middle half▲ 5.5pp4.3%within the sector's middle half▼ 8.2pp16.5%above the sector's middle half▲ 12.2pp5.1%within the sector's middle half▼ 11.4pp0.9%within the sector's middle half▼ 4.1pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €42,802, after a profit of €47,883 in 2024. It is the lowest result since 2021.

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €833,520 ▲ 1.9%
Current assets €741,909 ▲ 31.9%
Equity and liabilities €1.6m
Equity €225,315 ▲ 7.1%
Debt €1.4m ▲ 15.4%
Debt's share of the balance-sheet total rises from 84.8% to 85.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€37,872▼
2024 · €57,257
Cash flow
€19,828▼
2024 · €79,453
Debt to equity
5.99▲
2024 · 5.56
ROE
6.6%▼
2024 · 33.3%
Interest coverage
-0.29▼
2024 · 3.53
Debt ≤ 1 year
€1.0m▲
2024 · €854,976
Debt > 1 year
€314,115▼
2024 · €314,843
Income taxes
€328▼
2024 · €14,039
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts guaranteed by Belgian public bodies-€16,665---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€18,218€8,250€11,097€43,741€45,828
Financial fixed assets€25,000€74,400-€567,572-
Depreciation and write-downs of the year€2,461€2,677€2,460€9,374€4,930

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €1,826 awarded · €1,826 paid
Year Entries AwardedPaid
2023 1 €252€252
2022 1 €1,574€1,574
Schemes
2 entries · €1,826 · €1,826 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.6m▲
Fixed assets21/28€0.8m€0.8m▲
Tangible fixed assets22/27€0.09m€0.1m▲
Land and buildings22€0.06m€0.1m▲
Plant, machinery and equipment23€0.003m€0.005m▲
Furniture and vehicles24€0.007m€0.005m▼
Other tangible fixed assets26€0.02m€0.02m▼
Financial fixed assets28€0.7m€0.7m▼
Current assets29/58€0.6m€0.7m▲
Amounts receivable after more than one year29€0.3m€0▼
Trade receivables290€0-
Other amounts receivable291€0.3m€0▼
Amounts receivable within one year40/41€0.2m€0.7m▲
Trade receivables40€0.01m€0.03m▲
Other amounts receivable41€0.2m€0.7m▲
Cash at bank and in hand54/58€0.06m€0.03m▼
Deferred charges and accrued income490/1-€0.001m
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.6m▲
Equity10/15€0.2m€0.2m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.002m€0.002m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14€0.2m€0.2m▲
Amounts payable17/49€1.2m€1.4m▲
Amounts payable after more than one year17€0.3m€0.3m▼
Financial debts170/4€0.3m€0.3m▼
Other amounts payable178/9-€210
Amounts payable within one year42/48€0.9m€1.0m▲
Current portion of amounts payable after more than one year42€0.001m€0.001m▲
Trade debts44€0.005m€0.002m▼
Suppliers440/4€0.005m€0.002m▼
Taxes, remuneration and social security45€0.002m€0.009m▲
Taxes450/3€0.002m€0.009m▲
Other amounts payable47/48€0.8m€1.0m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.009m€0.005m▼
Other operating charges640/8€0.001m€0.003m▲
Non-recurring operating charges66A€0-
Gross operating margin9900€0.06m-€0.03m▼
Operating profit (loss)9901€0.05m-€0.04m▼
Financial income75/76B€0.05m€0.2m▲
Recurring financial income75€0.05m€0.2m▲
Financial charges65/66B€0.02m€0.1m▲
Recurring financial charges65€0.02m€0.1m▲
Profit (loss) for the period before taxes9903€0.08m€0.02m▼
Income taxes67/77€0.01m€328▼
Profit (loss) for the period9904€0.07m€0.01m▼
Profit (loss) for the period to be appropriated9905€0.07m€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Profit (loss) brought forward from the previous period14P€0.1m€0.2m▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance sheet
Average headcount (FTE)90870.00.0=

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-06-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0€8,950€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,447€2,339€1,346€2,461€2,677€2,460€9,374€4,930▼ 47.4%
Other operating charges640/8---€761€173€202€771€2,931▲ 280%
Non-recurring operating charges66A---€1,217€2,589€1,323€0--
Gross operating margin9900€31,885€76,318€64,115€41,039€37,127€66,559€58,028-€34,941-
Operating profit (loss)9901€21,153€71,472€54,733€36,600€31,687€62,574€47,883-€42,802-
Financial income75/76B---€53,215€13,182€70,436€52,467€189,481▲ 261%
Recurring financial income75€0€3,838€4,000€53,215€13,182€70,436€52,467€189,481▲ 261%
Financial charges65/66B---€19,112€13,928€19,655€16,232€131,453▲ 710%
Recurring financial charges65€1,749€1,769€6,376€19,112€13,928€19,655€16,232€131,453▲ 710%
Profit (loss) for the period before taxes9903€19,404€73,541€52,357€70,703€30,942€113,356€84,118€15,226▼ 81.9%
Income taxes67/77€9,582€23,343€14,521€9,721€9,500€16,664€14,039€328▼ 97.7%
Profit (loss) for the period9904€9,822€50,198€37,836€60,982€21,442€96,692€70,079€14,898▼ 78.7%
Profit (loss) for the period to be appropriated9905€9,822€50,198€37,836€60,982€21,442€96,692€70,079€14,898▼ 78.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.3m€0.5m€0.5m€0.5m€0.6m€1.4m€1.6m▲ 14.1%
Fixed assets21/28€0.2m€0.2m€0.2m€0.1m€0.2m€0.2m€0.8m€0.8m▲ 1.9%
Tangible fixed assets22/27€0.1m€0.1m€0.03m€0.04m€0.04m€0.05m€0.09m€0.1m▲ 48.1%
Land and buildings22---€0.03m€0.02m€0.02m€0.06m€0.1m▲ 72.4%
Plant, machinery and equipment23---€0.002m€0.001m€0.004m€0.003m€0.005m▲ 48.5%
Furniture and vehicles24---€0.01m€0.005m€0.01m€0.007m€0.005m▼ 34.7%
Other tangible fixed assets26----€0.008m€0.008m€0.02m€0.02m▼ 5.3%
Financial fixed assets28€0.07m€0.07m€0.2m€0.1m€0.2m€0.2m€0.7m€0.7m▼ 3.4%
Current assets29/58€0.06m€0.1m€0.3m€0.3m€0.3m€0.4m€0.6m€0.7m▲ 31.9%
Amounts receivable after more than one year29---€0.1m€0.03m€0.03m€0.3m€0▼ 100%
Trade receivables290---€0.1m€0.03m€0.03m€0--
Other amounts receivable291------€0.3m€0▼ 100%
Amounts receivable within one year40/41€0.004m€0.03m€0.2m€0.2m€0.2m€0.2m€0.2m€0.7m▲ 229%
Trade receivables40---€0.03m€0.005m€0.02m€0.01m€0.03m▲ 160%
Other amounts receivable41---€0.2m€0.2m€0.2m€0.2m€0.7m▲ 233%
Current investments50/53€0.03m--------
Cash at bank and in hand54/58€0.03m€0.07m€0.1m€0.01m€0.08m€0.1m€0.06m€0.03m▼ 51.1%
Deferred charges and accrued income490/1-------€0.001m-
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.3m€0.5m€0.5m€0.5m€0.6m€1.4m€1.6m▲ 14.1%
Equity10/15€0.07m€0.1m€0.05m€0.1m€0.1m€0.1m€0.2m€0.2m▲ 7.1%
Contributions10/11€0.01m€0.01m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Non-distributable reserves130/1---€0.002m€0.002m€0---
Reserves not available under the articles1311---€0.002m€0.002m€0---
Distributable reserves133-----€0.002m€0.002m€0.002m=
Profit (loss) carried forward14€0.06m€0.1m€0.03m€0.09m€0.1m€0.1m€0.2m€0.2m▲ 7.8%
Amounts payable17/49€0.2m€0.1m€0.5m€0.4m€0.4m€0.4m€1.2m€1.4m▲ 15.4%
Amounts payable after more than one year17--€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m▼ 0.2%
Financial debts170/4---€0.3m€0.3m€0.3m€0.3m€0.3m▼ 0.3%
Other amounts payable178/9-------€210-
Amounts payable within one year42/48€0.2m€0.1m€0.2m€0.06m€0.05m€0.1m€0.9m€1.0m▲ 21.2%
Current portion of amounts payable after more than one year42---€0.001m€0.001m€0.001m€0.001m€0.001m▲ 2.4%
Trade debts44-€0.001m€0.002m€0.002m€0.01m€0.003m€0.005m€0.002m▼ 70.2%
Suppliers440/4---€0.002m€0.01m€0.003m€0.005m€0.002m▼ 70.2%
Advances received on contracts in progress46----€0.006m€0---
Taxes, remuneration and social security45---€0.03m€0€0.03m€0.002m€0.009m▲ 452%
Taxes450/3---€0.03m€0€0.03m€0.002m€0.009m▲ 452%
Other amounts payable47/48---€0.03m€0.03m€0.1m€0.8m€1.0m▲ 20.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,822€50,198€37,836€60,982€21,442€96,692€70,079€14,898▼ 78.7%
+ Depreciation and write-downs630€1,447€2,339€1,346€2,461€2,677€2,460€9,374€4,930▼ 47.4%
Operating cash flow (approximation)€11,268€52,538€39,183€63,443€24,119€99,152€79,453€19,828▼ 75.0%
Investment in fixed assets (approximation)--€2,841-€24,458€59,098-€75,130-€9,775-€611,142-€20,828▲ 96.6%
Change in cash-€34,633€32,510-€84,650€71,337€23,550-€52,507-€28,516▲ 45.7%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 4,107 companies had the same profile as MV-Development has now. Two years later, 98.0% were still going and 1.0% had gone bankrupt.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
98.0% was still going
0.9% stopped otherwise
1.0% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MV-Development itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,107 companies, not a prediction for MV-Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 04-06-2026 2026-00136685 PDF
31-12-2024 abbreviated format 30-05-2025 2025-00111330 PDF
31-12-2023 abbreviated format 05-06-2024 2024-00113709 PDF
31-12-2022 abbreviated format 22-06-2023 2023-00152721 PDF
31-12-2021 abbreviated format 27-06-2022 2022-20102426 PDF
31-12-2020 abbreviated format 07-06-2021 2021-17800003 PDF
31-12-2019 abbreviated format 26-06-2020 2020-21300200 PDF
31-12-2018 abbreviated format 28-06-2019 2019-26500316 PDF
31-12-2017 abbreviated format 20-06-2018 2018-20400118 PDF

Board & ownership

Directors

Directors
1 director, last change in 2023
VANHALME Maxim
Director · appointed in the act of 22-09-2023 · earlier manager, until 22-09-2023 · listed in the 2025 annual accounts, filed on 04-06-2026
Current
Signing authorityThe articles say who may bind the company, 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…”
deed of 22-09-2023

Owners and capital

Capital transactions

Capital over time
  1. 22-09-2023 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VANHALME Maxim
  • Manager, until 22-09-2023
  • Director, appointed in the act of 22-09-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering die bestuurder(s) benoemt”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“100, gelijk recht in winstverdeling en vereffeningsaldo”
Transfer restrictionThis rule says whether 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…”
Share issue ruleThe articles set how and by whom new shares are issued.
“Ten minste vijftien dagen te rekenen van dag openstelling intekening, in geld”

Articles of association, deed of 22-09-2023 (in Dutch)

Network & group

Holdings and subsidiaries

4 holdings

Holdings 4

Source for every holding own accounts 2025

  • RENIVANsubsidiary
    Equity €148,209 Profit of €98,209 in 2025 Checked score 98
    100%
  • VANHALMEsubsidiary
    Equity €682,186 Profit of €182,227 in 2025 (profit of €25,807 in 2024) Checked score 94
    100%
  • Equity €110,740 Profit of €12,213 in 2025 (profit of €2,192 in 2024) Checked score 81
    25%
  • Equity €362,109 Profit of €102,583 in 2025 (profit of €10,154 in 2024) Checked score 85
    10%

Companies at the same address

6 other companies

Connections & network

1 current director
Depth

The network starts from the directors of MV-Development. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
04-06
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 57 days before the deadline
2025
30-05
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 62 days before the deadline
2024
31-12
Financial Equity above €200,000equity €210,417 ▲49.9%
With a profit in every financial year since 2018, equity grows to €210,417.
05-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 56 days before the deadline
06-03
Gazette deed Registered office moved from Antwerpen to Brasschaat
New seat: Lage Kaart 45-2930 Brasschaat · Previous seat: Jan Vanhoenackerstraat 16 bus 21.04-2000 Antwerpen · Director in office3 points ▸
  • Board meeting, 28-12-2023
  • Registered-office move, Lage Kaart 45-2930 Brasschaat
  • Director in office, Maxim Vanhalme (sole director)

Open the act in the Belgian Official Gazette

2023
31-12
Financial Highest result from 2018 to 2025net €96,692 ▲351%
The net result of €96,692 is the highest of those years.
22-09
Gazette deed Change of role: VANHALME Maxim, from manager to director
Legal form clause · Capital conversion · Reserve release12 points ▸
  • General meeting, 08-09-2023
  • Legal form clause, 01-01-2020, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening van de Vennootschap” (deed in Dutch)
  • Other provision, “statutair onbeschikbare eigen vermogensrekening: bedrag en samenstelling”, EUR (deed in Dutch)
  • Reserve release, “geen statutair onbeschikbaar eigen vermogen vastleggen, alle eigen vermogensbestanddelen beschikbaar” (deed in Dutch)
  • Power of attorney
  • Other provision, “alle bestaande aandelen vertegenwoordigen een gelijk deel van het eigen vermogen van de Vennootschap, gelijk deel eigen vermogen per aandeel” (deed in Dutch)
  • Other provision, “schrapping vermelding handelsaard van de vennootschap, geen onderscheid meer tussen vennootschappen met handelsaard of burgerlijke aard” (deed in Dutch)
  • Other provision, “goedkeuring agendapunten onder 3 van 1 tot en met 20 voor verwerking in nieuwe statuten” (deed in Dutch)
  • Amendment of the articles
  • Director resignation, VANHALME Maxim (manager)
  • Director appointment, VANHALME Maxim (director)

Open the act in the Belgian Official Gazette

22-06
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 39 days before the deadline
2022
09-12
Gazette deed Registered office moved within Antwerpen
New seat: Jan Vanhoenackerstraat 16 bus 21.04 - 2000 Antwerpen · Previous seat: Verviersstraat 1 bus 12- 2000 Antwerpen3 points ▸
  • Registered-office move, Jan Vanhoenackerstraat 16 bus 21.04 - 2000 Antwerpen
  • Board meeting, “De bestuurder” (deed in Dutch)
  • General meeting, 10-11-2022

Open the act in the Belgian Official Gazette

27-06
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 34 days before the deadline
2021
31-12
Financial Liquidity more than triplescurrent ratio 6.24
The current ratio rises from 1.98 to 6.24. Short-term debt falls from €169,637 to €56,077.
31-12
Financial Equity above €100,000equity €112,203 ▲149%
With a profit in every financial year since 2018, equity grows to €112,203.
Show earlier events
07-06
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 54 days before the deadline
2020
31-12
Financial Liquidity more than doubledcurrent ratio 1.98
The current ratio rises from 0.67 to 1.98.
26-06
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 35 days before the deadline
2019
31-12
Financial Equity above €100,000equity €124,832 ▲67.3%
With a profit in every financial year since 2018, equity grows to €124,832.
28-06
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 33 days before the deadline
2018
20-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 41 days before the deadline
2016
18-08
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 August 2016, MV-Development was incorporated.1 The registered office moved to Antwerpen in 2022 and to Brasschaat in 2024.23 Total assets went from €235,766 in 2018 to €1.6m in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-12-2022
  3. 3Belgian Official Gazette, 06-03-2024
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name MV-Development in Dutch
Enterprise number 0660.932.066
Legal form Private limited company
Status Active, normale toestand
Founded 16-08-2016
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…”
deed of 22-09-2023 (in Dutch)

Registered office and establishments

Registered office Lage Kaart 45, 2930 Brasschaat, Belgium
1 former office
  • Jan Vanhoenackerstraat 16 bus 21.04, 2000 Antwerpen until 01-01-2024 · act of 06-03-2024
Establishment unit MV-Development, Lage Kaart 45, 2930 Brasschaat since 16-08-2016 · unit number 2.256.608.394

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
64210 Activities of holding companies
Codes under NACEBEL 2008
70220 Business consulting main activity
64200 Holdings

Invoicing and payment

VAT number BE 0660.932.066
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0660932066
Other Peppol ID 9925:BE0660932066

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of May at 19:00
deed of 22-09-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
7 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,483 m²
Building footprint
226 m²
Building volume
1,314 m³
Cadastral parcel Region Area Buildings Height / floors
11323F0094/00A005 Flanders 1,483 m² 1 · 226 m² 8.6 m · 2