Equity
€895,206 ▲ 27.2%
MVA Engineering has made a profit in every financial year since 2020.
MVA Engineering
Lifetime
6 annual accounts with figures on one time axispeak €883,077 (2024)
€678,208▼ 23.2%
peak €476,296 (2024)
€216,612▼ 54.5%
peak €895,206 (2025)
€895,206▲ 27.2%
€950,234▲ 29.5%
peak 4.2 FTE (2025)
4.2 FTE
Board2 names since 2019
2 directorsVAN AERDE Mathieu Michel and 1 other
Owners2 names in the annual accounts
100%VERBRAEKEN DRILLING INFRA and 1 other
Documentsfilings and deeds
29-04-20261 day before the deadline
2025abbreviated format
Gross margin from €883,077 to €678,208Result from €476,296 to €216,612Equity from €703,942 to €895,206Debts from €733,654 to €950,234Cash from €128,706 to €62,430
Key points
from the 2025 annual accountsResult
€216,612 ▼ 54.5%
The result fell in 2025: different schema filed.
Turnover
≈ €1.6m estimated
The accounts state no turnover.
Debts
€950,234 ▲ 29.5%
Debts rose by €216,580 in 2025.
Staff
6 employees on 30-09-2025
In 2025, 6 people joined and 4 left.
Filings
6 annual accounts 1 late
The 2021 accounts came 2 days late. The other five were filed on time.
Checked score
71
Healthy
Financially stronger than 59% of micro companies in machinery and equipment (NACE 28)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.7%▲ +0.1 percentage points vs 12-2024
02-2025: 0.9%▲ +0.2 percentage points vs 01-2025
03-2025: 1.2%▲ +0.3 percentage points vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.5%▼ -0.8 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.4%▼ -0.1 percentage points vs 11-2025lowest value
01-2026: 0.5%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%▲ +0.2 percentage points vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.2 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 0.6%▼ -0.5 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2019
Liquidity: current ratio 2.43, cash €62,430, halved
lowers risk
Figures for financial year 2025 (filed on 29-04-2026)
Size: 4.2 FTE, total assets €1.8m
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 28, micro). It does better than 52% of them on solvency, 30% on liquidity, 72% on profitability and 81% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as MVA Engineering has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MVA Engineering itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 26,972 companies, not a prediction for MVA Engineering. 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.
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.43 (1.78 in 2024), above the usual 1.5. Short-term debt is 31.4% and cash 3.4% of total assets. However, 51.5% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 day early
2024
5 days early
2023
on the day
2022
5 days early
2021
2 days late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- VERBRAEKEN DRILLING INFRA 100%equity €44.3m (2025) · 30-09-2025 annual accounts of VERBRAEKEN DRILLING INFRA
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0733955151
Registered office moved from Herzele to Zottegem
New registered office: Wassenhovestraat 1 te 9620 Zottegem · Previous registered office: Zavelstraat 41 te 9550 Herzele · General meeting of 01-10-2024 · Gazette deed
Appointment: Sara Coryn (director)
General meeting of 01-10-2021 · Gazette deed
Incorporation
Founder: VAN AERDE Mathieu Michel · Founding capital of €45,000, 450 shares · Appointment: VAN AERDE Mathieu Michel (director) · published on 16-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MVA Engineering Zottegem | €1.8m | €0.7m | 48.5% | 4.2 |
| WOW COMPANY INTERNATIONAL Fleurus | €2.0m | €0.4m | 55.4% | 4.5 |
| Serviflex Wommelgem | €2.1m | €0.7m | 17.6% | 1 |
| GARAGE de VINCK Houffalize | €2.0m | €0.7m | 36.0% | 4.6 |
| WATTEC Kruisem | €1.6m | €1.0m | 39.2% | 5.3 |
| MATFLEX Frameries | €1.6m | €0.5m | 63.9% | 4.9 |
| PIRTEK LUMMEN Lummen | €0.4m | €0.5m | -96.3% | 6.9 |
These companies have the same main activity as MVA Engineering: manufacture of machinery and equipment not elsewhere classified (NACE 28120). They are comparable in size and age: total assets between €376,000 and €2.1m, founded between 2005 and 2019.
Official details
Source: KBO- Status
- Active since 11-09-2019Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28120and 3 others
- Establishment unit
- 2.293.524.7159620 Zottegem, since 11-09-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 21-11-2024
Annual accounts to 30-09-2025
- €1.8m▲ 28.4%
- Employeeson 30-09-2025
- 6▲ 50.0%
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Companies linked to MVA Engineering
Parent and group
Insights on MVA Engineering
MVA Engineering files the abbreviated format. That format states no turnover. The gross margin rose from €61,771 in 2020 to €678,208 in 2025.
VERBRAEKEN DRILLING INFRA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MVA Engineering
- What is the company number of MVA Engineering?
- The company number of MVA Engineering is 0733.955.151. The VAT number is the same number with BE in front: BE 0733.955.151.
- Where is MVA Engineering based?
- The registered office is at Wassenhovestraat 1, 9620 Zottegem.Company details
- What does MVA Engineering do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28120).
- What is the legal form of MVA Engineering?
- MVA Engineering is a private limited company (BV).
- When was MVA Engineering founded?
- MVA Engineering was founded on 11-09-2019.
- Is MVA Engineering still active?
- Yes, MVA Engineering is an active enterprise in the KBO register.
- How many employees does MVA Engineering have?
- MVA Engineering had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MVA Engineering?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €678,208 and 2,275 comparable companies of the same size. It probably lies between €960,000 and €2.7m. It is a rough estimate.
- Is MVA Engineering profitable?
- In financial year 2025, MVA Engineering made a profit of €216,612.
- Where can I find the annual accounts of MVA Engineering?
- MVA Engineering filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MVA Engineering due?
- MVA Engineering must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.