MV GC
ActiveSummary
The computed 12-month bankruptcy probability of MV GC is 2.7% (moderate). The 2025 annual accounts show equity of €36k and a net result of €15k. Its solvency ranks better than 13% of 8048 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-22
Solvency28=
Growth52
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 3.1 in 2024; short-term debt: 72.8% and cash: 4.1% of total assets), and 97% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3%
Return on assets
1.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 8048 sector peers (2025).
NBB · sector comparisonPosition among 8048 sector peers
Solvency
better than 13%
← 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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 d early
2024
26 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 38.2%
2024 · €25k
Working capital
€323k▼ 36.9%
2024 · €512k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€39k-€31k▼ 20.0%
Net result€25k-€15k▼ 38.2%
Equity€21k-€36k▲ 73.4%
Total assets€773k-€1.23M▲ 58.5%
Debt€752k-€1.19M▲ 58.1%
Working capital€512k-€323k▼ 36.9%
Staff (FTE)3-2.8▼ 6.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€10k ▼ 39.1%
Current assets
€1.22M ▲ 60.6%
Equity and liabilities €1.23M
Equity
€36k ▲ 73.4%
Debt
€1.19M ▲ 58.1%
Debt's share of the balance-sheet total falls from 97.3% to 97.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▼
2024 · €49k
Cash flow
€22k▼
2024 · €34k
Current ratio
1.36▼
2024 · 3.10
Quick ratio
0.91▼
2024 · 1.63
Debt to equity
32.86▼
2024 · 36.04
ROE
42.3%▼
2024 · 118.7%
ROA
1.3%▼
2024 · 3.2%
Interest coverage
3.67▼
2024 · 9.35
Debt ≤ 1 year
€892k▲
2024 · €244k
Debt > 1 year
€297k▼
2024 · €508k
Income taxes
€9k▼
2024 · €9k
Staff costs
€111k▼
2024 · €147k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €147k | €111k | ▼ 24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €6k | ▼ 32.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €50k | €9k | ▼ 81.2% |
| Other operating charges640/8 | €2k | €28k | ▲ 1,305% |
| Non-recurring operating charges66A | €4k | - | - |
| Gross operating margin9900 | €251k | €187k | ▼ 25.7% |
| Operating profit (loss)9901 | €39k | €31k | ▼ 20.0% |
| Financial income75/76B | €102 | €3k | ▲ 2,685% |
| Recurring financial income75 | €102 | €3k | ▲ 2,685% |
| Financial charges65/66B | €5k | €10k | ▲ 98.0% |
| Recurring financial charges65 | €5k | €10k | ▲ 98.0% |
| Profit (loss) for the period before taxes9903 | €34k | €24k | ▼ 30.0% |
| Income taxes67/77 | €9k | €9k | ▼ 8.2% |
| Profit (loss) for the period9904 | €25k | €15k | ▼ 38.2% |
| Profit (loss) for the period to be appropriated9905 | €25k | €15k | ▼ 38.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €773k | €1.23M | ▲ 58.5% |
| Fixed assets21/28 | €16k | €10k | ▼ 39.1% |
| Intangible fixed assets21 | €9k | €3k | ▼ 68.8% |
| Tangible fixed assets22/27 | €973 | €629 | ▼ 35.4% |
| Furniture and vehicles24 | €973 | €629 | ▼ 35.4% |
| Financial fixed assets28 | €7k | €7k | = |
| Current assets29/58 | €757k | €1.22M | ▲ 60.6% |
| Stocks and contracts in progress3 | €358k | €403k | ▲ 12.4% |
| Stocks30/36 | €358k | €403k | ▲ 12.4% |
| Amounts receivable within one year40/41 | €336k | €759k | ▲ 126% |
| Trade receivables40 | €277k | €759k | ▲ 174% |
| Other amounts receivable41 | €59k | - | - |
| Cash at bank and in hand54/58 | €60k | €50k | ▼ 16.1% |
| Deferred charges and accrued income490/1 | €3k | €3k | ▲ 20.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €773k | €1.23M | ▲ 58.5% |
| Equity10/15 | €21k | €36k | ▲ 73.4% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €16k | €31k | ▲ 96.5% |
| Amounts payable17/49 | €752k | €1.19M | ▲ 58.1% |
| Amounts payable after more than one year17 | €508k | €297k | ▼ 41.5% |
| Other amounts payable178/9 | €508k | €297k | ▼ 41.5% |
| Amounts payable within one year42/48 | €244k | €892k | ▲ 265% |
| Current portion of amounts payable after more than one year42 | - | €200k | - |
| Trade debts44 | €204k | €656k | ▲ 221% |
| Suppliers440/4 | €204k | €656k | ▲ 221% |
| Taxes, remuneration and social security45 | €31k | €36k | ▲ 16.2% |
| Taxes450/3 | €13k | €28k | ▲ 119% |
| Remuneration and social security454/9 | €18k | €8k | ▼ 54.1% |
| Other amounts payable47/48 | €9k | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €15k | ▼ 38.2% |
| + Depreciation and write-downs630 | €10k | €6k | ▼ 32.2% |
| Operating cash flow (approximation) | €34k | €22k | ▼ 36.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-10k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2023
Ground area
1,559 m²
Building footprint
789 m²
Volume, LiDAR
11,895 m³
Parcel 21616G0176/00G003, Brussels · tallest building 19.1 m, ±6 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
MV GC
since 20232.341.900.692
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00G003 | Brussels | 1,559 m² | 1 · 789 m² | 19.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.341.900.692
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Of 1,639 companies in sector 46170 we hold annual accounts for 669. 450 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.