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MVA COMMOD

Active
Private limited companyfounded 2023active for 3 yearsKarel Cammaertstraat 4, 1120 Brussel, BelgiumKBO/BCE: BE 0805.854.422
Summary

The computed 12-month bankruptcy probability of MVA COMMOD is 6.6% (elevated). The 2024 annual accounts show equity of €38,080 and a net result of €31,227. Its solvency ranks better than 84% of 35,968 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (49 days) Filed on 18 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00495192.

Equity
€38,080
Total assets
€48,527
Net result
€31,227
Working capital
€35,173

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €48,527
Fixed assets €2,907
Current assets €45,620
Equity and liabilities €48,527
Equity €38,080
Debt €10,447
Debt finances 21.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€39,786
Cash flow
€31,587
Current ratio
4.37
Debt to equity
0.27
ROE
82.0%
ROA
64.3%
Interest coverage
over 100
Debt ≤ 1 year
€10,447
Income taxes
€7,807

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€48,527
Fixed assets21/28€2,907
Tangible fixed assets22/27€2,497
Plant, machinery and equipment23€1,616
Furniture and vehicles24€881
Financial fixed assets28€410
Current assets29/58€45,620
Amounts receivable within one year40/41€34,156
Trade receivables40€32,597
Other amounts receivable41€1,559
Cash at bank and in hand54/58€11,343
Deferred charges and accrued income490/1€121
Equity and liabilities
Total equity and liabilities10/49€48,527
Equity10/15€38,080
Contributions10/11€6,853
Profit (loss) carried forward14€31,227
Amounts payable17/49€10,447
Amounts payable within one year42/48€10,447
Trade debts44€2,640
Suppliers440/4€2,640
Taxes, remuneration and social security45€7,807
Taxes450/3€7,807
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360
Other operating charges640/8€276
Gross operating margin9900€40,062
Operating profit (loss)9901€39,426
Financial charges65/66B€393
Recurring financial charges65€393
Profit (loss) for the period before taxes9903€39,033
Income taxes67/77€7,807
Profit (loss) for the period9904€31,227
Profit (loss) for the period to be appropriated9905€31,227
Appropriation of the result
Profit (loss) to be appropriated9906€31,227

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360
Other operating charges640/8€276
Gross operating margin9900€40,062
Operating profit (loss)9901€39,426
Financial charges65/66B€393
Recurring financial charges65€393
Profit (loss) for the period before taxes9903€39,033
Income taxes67/77€7,807
Profit (loss) for the period9904€31,227
Profit (loss) for the period to be appropriated9905€31,227
Line2024
Assets
Total assets20/58€48,527
Fixed assets21/28€2,907
Tangible fixed assets22/27€2,497
Plant, machinery and equipment23€1,616
Furniture and vehicles24€881
Financial fixed assets28€410
Current assets29/58€45,620
Amounts receivable within one year40/41€34,156
Trade receivables40€32,597
Other amounts receivable41€1,559
Cash at bank and in hand54/58€11,343
Deferred charges and accrued income490/1€121
Equity and liabilities
Total equity and liabilities10/49€48,527
Equity10/15€38,080
Contributions10/11€6,853
Profit (loss) carried forward14€31,227
Amounts payable17/49€10,447
Amounts payable within one year42/48€10,447
Trade debts44€2,640
Suppliers440/4€2,640
Taxes, remuneration and social security45€7,807
Taxes450/3€7,807
Line2024
Profit (loss) for the period9904€31,227
+ Depreciation and write-downs630€360
Operating cash flow (approximation)€31,587

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 18-09-2025 2025-00495192

Similar companies · same sector, comparable size

Of the 7,216 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,367. 1,949 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.