MVB
ActiveSummary
The computed 12-month bankruptcy probability of MVB is 2.3% (moderate). The 2025 annual accounts show equity of €70k and a net result of €14k. Its solvency ranks better than 63% of 27965 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
Profitability83▼-17
Solvency84▼-10
Growth52
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.87 in 2024; short-term debt: 41.1% and cash: 9.9% of total assets), and 41.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
58.8%
Return on assets
11.8%
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 26-08-2026, 26 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 · 2 filingsDeviation from the deadline
2025
26 d late
2024
24 d early
← 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, micro schema
Equity
€70k▲ 25.0%
2024 · €56k
2024: €56k
2025: €70k▲ +25.0% vs 2024
2024 → 2025
Total assets
€119k▲ 46.0%
2024 · €82k
2024: €82k
2025: €119k▲ +46.0% vs 2024
2024 → 2025
Net result
€14k▼ 74.5%
2024 · €55k
2024: €55k
2025: €14k▼ -74.5% vs 2024
2024 → 2025
Working capital
€64k▲ 34.8%
2024 · €48k
2024: €48k
2025: €64k▲ +34.8% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€56k-€70k▲ 25.0%
2024: €56k
2025: €70k▲ +25.0% vs 2024
Operating result€75k-€18k▼ 75.6%
2024: €75k
2025: €18k▼ -75.6% vs 2024
Net result€55k-€14k▼ 74.5%
2024: €55k
2025: €14k▼ -74.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€6k ▼ 30.0%
Current assets
€113k ▲ 54.6%
Equity and liabilities €119k
Equity
€70k ▲ 25.0%
Debt
€49k ▲ 92.0%
Debt's share of the balance-sheet total rises from 31.3% to 41.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €82k
Cash flow
€17k▼
2024 · €62k
Current ratio
2.31▼
2024 · 2.87
Quick ratio
2.11▼
2024 · 2.87
Debt to equity
0.70▲
2024 · 0.46
ROE
20.0%▼
2024 · 98.2%
ROA
11.8%▼
2024 · 67.4%
Interest coverage
16.45▼
2024 · 16.66
Debt ≤ 1 year
€49k▲
2024 · €26k
Income taxes
€5k▼
2024 · €16k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€119k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€73k€113k▲
Stocks and contracts in progress3-€10k
Contracts in progress37-€10k
Amounts receivable within one year40/41€51k€76k▲
Trade receivables40€11k€8k▼
Other amounts receivable41€40k€68k▲
Cash at bank and in hand54/58€20k€12k▼
Deferred charges and accrued income490/1€2k€16k▲
Equity and liabilities
Total equity and liabilities10/49€82k€119k▲
Equity10/15€56k€70k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€55k€69k▲
Amounts payable17/49€26k€49k▲
Amounts payable within one year42/48€26k€49k▲
Current portion of amounts payable after more than one year42€17k€20k▲
Trade debts44€8k€24k▲
Suppliers440/4€8k€24k▲
Taxes, remuneration and social security45€1k€5k▲
Taxes450/3€1k€1k=
Remuneration and social security454/9-€4k
Accrued charges and deferred income492/3-€103
Income statement
Code20242025
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€84k€29k▼
Operating profit (loss)9901€75k€18k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€5k€1k▼
Recurring financial charges65€5k€1k▼
Profit (loss) for the period before taxes9903€72k€19k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€55k€14k▼
Profit (loss) for the period to be appropriated9905€55k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€69k▲
Profit (loss) brought forward from the previous period14P-€55k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €2k | ▼ 62.9% |
| Other operating charges640/8 | €2k | €2k | ▼ 21.5% |
| Gross operating margin9900 | €84k | €29k | ▼ 65.7% |
| Operating profit (loss)9901 | €75k | €18k | ▼ 75.6% |
| Financial income75/76B | €1k | €2k | ▲ 118% |
| Recurring financial income75 | €1k | €2k | ▲ 118% |
| Financial charges65/66B | €5k | €1k | ▼ 74.2% |
| Recurring financial charges65 | €5k | €1k | ▼ 74.2% |
| Profit (loss) for the period before taxes9903 | €72k | €19k | ▼ 72.8% |
| Income taxes67/77 | €16k | €5k | ▼ 67.1% |
| Profit (loss) for the period9904 | €55k | €14k | ▼ 74.5% |
| Profit (loss) for the period to be appropriated9905 | €55k | €14k | ▼ 74.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €82k | €119k | ▲ 46.0% |
| Fixed assets21/28 | €8k | €6k | ▼ 30.0% |
| Tangible fixed assets22/27 | €8k | €6k | ▼ 30.0% |
| Plant, machinery and equipment23 | €3k | €2k | ▼ 26.1% |
| Furniture and vehicles24 | €5k | €3k | ▼ 32.5% |
| Current assets29/58 | €73k | €113k | ▲ 54.6% |
| Stocks and contracts in progress3 | - | €10k | - |
| Contracts in progress37 | - | €10k | - |
| Amounts receivable within one year40/41 | €51k | €76k | ▲ 48.0% |
| Trade receivables40 | €11k | €8k | ▼ 32.5% |
| Other amounts receivable41 | €40k | €68k | ▲ 71.0% |
| Cash at bank and in hand54/58 | €20k | €12k | ▼ 39.8% |
| Deferred charges and accrued income490/1 | €2k | €16k | ▲ 541% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €82k | €119k | ▲ 46.0% |
| Equity10/15 | €56k | €70k | ▲ 25.0% |
| Contributions10/11 | €1k | €1k | = |
| Profit (loss) carried forward14 | €55k | €69k | ▲ 25.5% |
| Amounts payable17/49 | €26k | €49k | ▲ 92.0% |
| Amounts payable within one year42/48 | €26k | €49k | ▲ 91.6% |
| Current portion of amounts payable after more than one year42 | €17k | €20k | ▲ 20.5% |
| Trade debts44 | €8k | €24k | ▲ 208% |
| Suppliers440/4 | €8k | €24k | ▲ 208% |
| Taxes, remuneration and social security45 | €1k | €5k | ▲ 311% |
| Taxes450/3 | €1k | €1k | = |
| Remuneration and social security454/9 | - | €4k | - |
| Accrued charges and deferred income492/3 | - | €103 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €55k | €14k | ▼ 74.5% |
| + Depreciation and write-downs630 | €7k | €2k | ▼ 62.9% |
| Operating cash flow (approximation) | €62k | €17k | ▼ 73.3% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €-8k | - |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
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, Oostkamp · 1 establishment unit since 2023
Ground area
2,274 m²
Building footprint
219 m²
Volume, LiDAR
701 m³
Parcel 31025H0452/00G003, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MVB
since 20232.342.577.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025H0452/00G003 | Flanders | 2,274 m² | 1 · 219 m² | 6.5 m · 1 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
2023 · 1 entry · 206 EUR awarded · 206 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 206 EUR | 206 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. 2,318 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
Founded01-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
47120Other non-specialised retail sale
74120Graphic design and visual communication
74130Interior design
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.