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MV STUDIO

Active
Private limited companyfounded 201511 yrs activeRuisbroeksesteenweg 76, 1180 Ukkel, BelgiumKBO/BCE: BE 0628.815.564

MV STUDIO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-37k) and a net result of €-82k. Equity is shrinking by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
12 / 100
Critical▼ -67 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+71
Solvency39▼-20
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 1.44 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-51.2%
Return on assets
-112.9%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€37k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 filings
Deviation from the deadline
2025
10 d late
2024
30 d early
2023
15 d early
2022
3 d late
2021
37 d early
2020
31 d early
2019
31 d early
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-37k
2024 · €45k
2018: €58k 2019: €145k 2020: €132k 2021: €183k 2022: €60k 2023: €42k 2024: €45k
2018 → 2025
Total assets
€72k▼ 49.6%
2024 · €143k
2018: €158k 2019: €317k 2020: €305k 2021: €266k 2022: €166k 2023: €136k 2024: €143k
2018 → 2025
Net result
€-82k
2024 · €3k
2018: €29k 2019: €86k 2020: €47k 2021: €51k 2022: €-122k 2023: €-18k 2024: €3k
2018 → 2025
Working capital
€-24k
2024 · €43k
2018: €81k 2019: €179k 2020: €167k 2021: €176k 2022: €60k 2023: €42k 2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€183k-€60k▼ 67.0%€42k▼ 30.4%€45k▲ 6.1%€-37k
Operating result€71k-€-122k€-17k▲ 85.7%€3k€-80k
Net result€51k-€-122k€-18k▲ 85.0%€3k€-82k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0€50kOperating result 2021: €71k€71kNet result 2021: €51k€51kOperating result 2022: €-122k€-122kNet result 2022: €-122k€-122kOperating result 2023: €-17k€-17kNet result 2023: €-18k€-18kOperating result 2024: €3k€3kNet result 2024: €3k€3kOperating result 2025: €-80k€-80kNet result 2025: €-82k€-82k20212022202320242025
The operating result turns negative in 2025: a loss of €80k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets €5k▲ 286%
Current assets €68k▼ 52.4%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-80k
2024 · €3k
Cash flow
€-81k
2024 · €3k
Solvency
-51.2%
2024 · 31.1%
Current ratio
0.74
2024 · 1.44
Quick ratio
0.74
2024 · 1.44
Debt / equity
-2.95
2024 · 2.22
ROE
220.4%
2024 · 5.7%
ROA
-112.9%
2024 · 1.8%
Interest coverage
-105.37
2024 · 6.83
Debt
€109k
2024 · €99k
Debt ≤ 1 year
€91k
2024 · €99k
Debt > 1 year
€18k
Income taxes
€434
2024 · €214
Staff costs
€239k
2024 · €245k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€143k€72k
Fixed assets21/28€1k€5k
Tangible fixed assets22/27€692€4k
Furniture and vehicles24€692€4k
Financial fixed assets28€500€500=
Current assets29/58€142k€68k
Amounts receivable within one year40/41€73k€25k
Trade receivables40€73k€25k
Other amounts receivable41€0-
Cash at bank and in hand54/58€66k€40k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€143k€72k
Equity10/15€45k€-37k
Contributions10/11€6k€6k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€-592€-82k
Amounts payable17/49€99k€109k
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€99k€91k
Trade debts44€55k€38k
Suppliers440/4€55k€38k
Advances received on contracts in progress46€175€0
Taxes, remuneration and social security45€39k€53k
Taxes450/3€10k€24k
Remuneration and social security454/9€28k€29k
Other amounts payable47/48€5k€0
Income statement Code20242025
Remuneration, social security and pensions62€245k€239k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164€653
Other operating charges640/8€239€4k
Gross operating margin9900€249k€163k
Operating profit (loss)9901€3k€-80k
Financial income75/76B€0€8
Recurring financial income75€0€8
Financial charges65/66B€503€757
Recurring financial charges65€503€757
Profit (loss) for the period before taxes9903€3k€-81k
Income taxes67/77€214€434
Profit (loss) for the period9904€3k€-82k
Profit (loss) for the period to be appropriated9905€3k€-82k
Appropriation of the result
Profit (loss) to be appropriated9906€-592€-82k
Profit (loss) brought forward from the previous period14P€-3k€-592

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-09
State Gazette act Resignations & appointments
General meeting · Statutes amendment · Director resignation4 facts ▸
  • General meeting, 25/08/2026
  • Statutes amendment
  • Director resignation, CONNECTIS (administratrice)
  • Board composition, administrateur et délégué à la gestion journalière, 31/07/2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €3k
Net result €3k after 2 loss-making years.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial Weakest financial yearnet €-122k ▼342%
Net result drops to €-122k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €150kEq €183k ▲38.3%
4 profitable years in a row build equity to €183k.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €86k ▲198%
Operating result €129k, net result €86k, both a record.
31-12
Financial Equity above €100kEq €145k ▲148%
2 profitable years in a row build equity to €145k.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
11-09-2026 Resigned as Director
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Ruisbroeksesteenweg 761180 Ukkel
Ground area
2,345 m²
Building footprint
748 m²
Volume, LiDAR
10,917 m³
Parcel 21616G0001/00G000, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ruisbroeksesteenweg 76, 1180 Ukkel
General electrical installation work
since 20152.242.356.720
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616G0001/00G000 Brussels 2,345 m² 1 · 748 m² 18.5 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,715 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-04-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.