MVA consultancy
ActiveSummary
The computed 12-month bankruptcy probability of MVA consultancy is 1.7% (moderate). The annual accounts of MVA consultancy for fiscal year 2025 show a net loss of 55% of total assets and of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €16,868 and a net result of -€26,381. Equity is shrinking by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 7098 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency60▼-33
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.47 against 3.05 in 2024; short-term debt: 65.1% and cash: 0% of total assets), and 65.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+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 · 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 2025Solvency, return and age of the figures
Solvency
34.9%
Return on assets
-54.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
35 d early
2023
35 d late
2022
64 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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. Usually files around 1 September (3 of the last 4 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€16,868▼ 61.0%
2024 · €43,249
Total assets
€48,334▼ 23.8%
2024 · €63,465
Net result
-€26,381
2024 · €17,488
Working capital
€14,817▼ 64.3%
2024 · €41,471
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€38,400--€7,486€24,872-€21,847
Net result€29,631within the sector's middle half--€7,870below the sector's middle half€17,488within the sector's middle half-€26,381below the sector's middle half
Equity€33,631within the sector's middle half-€25,761within the sector's middle half▼ 23.4%€43,249within the sector's middle half▲ 67.9%€16,868within the sector's middle half▼ 61.0%
Total assets€52,461below the sector's middle half-€42,346below the sector's middle half▼ 19.3%€63,465within the sector's middle half▲ 49.9%€48,334below the sector's middle half▼ 23.8%
Debt€18,830-€16,584▼ 11.9%€20,216▲ 21.9%€31,467▲ 55.7%
Working capital€37,296within the sector's middle half-€23,294within the sector's middle half▼ 37.5%€41,471within the sector's middle half▲ 78.0%€14,817within the sector's middle half▼ 64.3%
Solvency64.1%within the sector's middle half-60.8%within the sector's middle half▼ 3.3pp68.1%within the sector's middle half▲ 7.3pp34.9%within the sector's middle half▼ 33.2pp
Current ratio3.81within the sector's middle half-2.40within the sector's middle half▼ 1.413.05within the sector's middle half▲ 0.651.47within the sector's middle half▼ 1.58
Return on assets (ROA)56.5%above the sector's middle half--18.6%below the sector's middle half▼ 75.1pp27.6%above the sector's middle half▲ 46.1pp-54.6%below the sector's middle half▼ 82.1pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21,847 after €24,872 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48,334
Fixed assets
€2,051 ▲ 15.3%
Current assets
€46,284 ▼ 25.0%
Equity and liabilities €48,334
Equity
€16,868 ▼ 61.0%
Debt
€31,467 ▲ 55.7%
Debt's share of the balance-sheet total rises from 31.9% to 65.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€20,933▼
2024 · €25,561
Cash flow
-€25,468▼
2024 · €18,177
Debt to equity
1.87▲
2024 · 0.47
ROE
-156.4%▼
2024 · 40.4%
Interest coverage
-4.61▼
2024 · 16.22
Debt ≤ 1 year
€31,467▲
2024 · €20,216
Income taxes
€167▼
2024 · €5,854
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.3%
went bankrupt
8.7%
stopped otherwise
88%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 3,225 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €365 | €613 | €689 | €914 | ▲ 32.7% |
| Other operating charges640/8 | €1,170 | €6,005 | €1,560 | €2,742 | ▲ 75.8% |
| Gross operating margin9900 | €39,935 | -€867 | €27,121 | -€18,191 | ▼ 167% |
| Operating profit (loss)9901 | €38,400 | -€7,486 | €24,872 | -€21,847 | ▼ 188% |
| Financial income75/76B | - | €160 | €46 | €173 | ▲ 280% |
| Recurring financial income75 | - | €160 | €46 | €173 | ▲ 280% |
| Financial charges65/66B | €196 | €350 | €1,576 | €4,540 | ▲ 188% |
| Recurring financial charges65 | €196 | €350 | €1,576 | €4,540 | ▲ 188% |
| Profit (loss) for the period before taxes9903 | €38,204 | -€7,676 | €23,342 | -€26,214 | ▼ 212% |
| Income taxes67/77 | €8,573 | €194 | €5,854 | €167 | ▼ 97.1% |
| Profit (loss) for the period9904 | €29,631 | -€7,870 | €17,488 | -€26,381 | ▼ 251% |
| Profit (loss) for the period to be appropriated9905 | €29,631 | -€7,870 | €17,488 | -€26,381 | ▼ 251% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €52,461 | €42,346 | €63,465 | €48,334 | ▼ 23.8% |
| Fixed assets21/28 | €1,907 | €2,467 | €1,778 | €2,051 | ▲ 15.3% |
| Tangible fixed assets22/27 | €1,907 | €2,467 | €1,778 | €2,051 | ▲ 15.3% |
| Plant, machinery and equipment23 | €1,044 | €1,809 | €1,325 | €1,803 | ▲ 36.0% |
| Furniture and vehicles24 | €862 | €658 | €453 | €248 | ▼ 45.2% |
| Current assets29/58 | €50,555 | €39,879 | €61,687 | €46,284 | ▼ 25.0% |
| Amounts receivable after more than one year29 | €12,765 | €25,765 | €25,765 | €25,765 | = |
| Other amounts receivable291 | €12,765 | €25,765 | €25,765 | €25,765 | = |
| Amounts receivable within one year40/41 | €23,019 | €876 | €25,777 | €20,519 | ▼ 20.4% |
| Trade receivables40 | €23,019 | €876 | €23,895 | €14,852 | ▼ 37.8% |
| Other amounts receivable41 | - | - | €1,882 | €5,667 | ▲ 201% |
| Cash at bank and in hand54/58 | €14,771 | €13,238 | €10,145 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €52,461 | €42,346 | €63,465 | €48,334 | ▼ 23.8% |
| Equity10/15 | €33,631 | €25,761 | €43,249 | €16,868 | ▼ 61.0% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €29,631 | €29,631 | €39,249 | €39,249 | = |
| Distributable reserves133 | €29,631 | €29,631 | €39,249 | €39,249 | = |
| Profit (loss) carried forward14 | - | -€7,870 | €0 | -€26,381 | - |
| Amounts payable17/49 | €18,830 | €16,584 | €20,216 | €31,467 | ▲ 55.7% |
| Amounts payable within one year42/48 | €13,258 | €16,584 | €20,216 | €31,467 | ▲ 55.7% |
| Financial debts43 | - | - | - | €14,813 | - |
| Credit institutions430/8 | - | - | - | €14,813 | - |
| Trade debts44 | €100 | €34 | €4,991 | €2,642 | ▼ 47.1% |
| Suppliers440/4 | €100 | €34 | €4,991 | €2,642 | ▼ 47.1% |
| Taxes, remuneration and social security45 | €13,155 | €15,978 | €15,225 | €14,012 | ▼ 8.0% |
| Taxes450/3 | €13,155 | €15,978 | €15,225 | €14,012 | ▼ 8.0% |
| Other amounts payable47/48 | €3 | €572 | €0 | - | - |
| Accrued charges and deferred income492/3 | €5,572 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,631 | -€7,870 | €17,488 | -€26,381 | ▼ 251% |
| + Depreciation and write-downs630 | €365 | €613 | €689 | €914 | ▲ 32.7% |
| Operating cash flow (approximation) | €29,995 | -€7,257 | €18,177 | -€25,468 | ▼ 240% |
| Investment in fixed assets (approximation) | - | -€1,173 | €0 | -€1,187 | - |
| Change in cash | - | -€1,533 | -€3,093 | -€10,145 | ▼ 228% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet -€26,381
Net result drops to -€26,381, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,488
Net result €17,488 after one loss-making year.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ronse · 1 establishment unit since 2021
Ground area
266 m²
Building footprint
61 m²
Volume, LiDAR
480 m³
Parcel 45422C0287/00S000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MVA consultancy
since 20212.324.627.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C0287/00S000 | Flanders | 266 m² | 1 · 61 m² | 9.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,282 EUR awarded · 1,277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 83 EUR | 78 EUR |
| 2022 | 1 | 1,199 EUR | 1,199 EUR |
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,907. 4,487 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
Founded24-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
63920Other information service activities
78100Employment placement agencies
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777680771
Also
9925:BE0777680771
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.