Turnover
≈ €170,000 estimated
The micro format states no turnover.
MVB
Overview
Lifetime
2 annual accounts with figures on one time axispeak €84,361 (2024)
€28,950▼ 65.7%
peak €55,091 (2024)
€14,039▼ 74.5%
peak €70,130 (2025)
€70,130▲ 25.0%
€49,178▲ 92.0%
Board1 name since 2023
1 directorVANBESIEN Maxiem Gerard Vincent Kenneth
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €84,361 to €28,950Result from €55,091 to €14,039Equity from €56,091 to €70,130Debts from €25,610 to €49,178Cash from €19,556 to €11,767
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
2025 accounts filed 26 days after the deadline
Checked score
64
Healthy
Financially stronger than 59% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 3.0%▲ +0.1 percentage points vs 12-2024
02-2025: 3.3%▲ +0.3 percentage points vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025highest value
04-2025: 3.3%● unchanged vs 03-2025highest value
05-2025: 3.3%● unchanged vs 04-2025highest value
06-2025: 3.3%● unchanged vs 05-2025highest value
07-2025: 3.3%● unchanged vs 06-2025highest value
08-2025: 0.7%▼ -2.6 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025lowest value
02-2026: 0.7%● unchanged vs 01-2026lowest value
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.6 percentage points vs 07-2026
09-2026: 1.9%▲ +0.5 percentage points vs 08-2026
10-2026: 1.5%▼ -0.4 percentage points vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €119,308
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 26-08-2026)
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 43, micro). It does better than 64% of them on solvency, 33% on liquidity, 66% on profitability and 71% 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 31-12-2025.
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, 39,278 companies had the same profile as MVB has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MVB itself: 1.5% 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 39,278 companies, not a prediction for MVB. 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 €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.31 (2.87 in 2024), above the usual 1.5. Short-term debt is 41.1% and cash 9.9% of total assets. 41.2% 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 risk
raises risk · 2025 accounts filed 26 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
26 days late
2024
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VANBESIEN Maxiem Gerard Vincent Kenneth 100 sharesdeed of 03-03-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799056702
Incorporation
Founding capital of €1,000, 100 shares · Founder: VANBESIEN Maxiem Gerard Vincent Kenneth · Appointment: VANBESIEN Maxiem Gerard Vincent Kenneth (director) · published on 03-03-2023 · Gazette deed
First establishment
Speienstraat 17, Oostkamp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MVB Oostkamp | €119,308 | €28,950 | 58.8% | - |
| FIJNWERK Zedelgem | €137,302 | €34,350 | 33.0% | - |
| DGR Genk | €107,118 | €31,264 | 41.0% | - |
| Sema Beerse | €137,732 | €28,272 | 29.4% | - |
| OHANA LS Woluwe-Saint-Pierre | €115,180 | €23,002 | 28.2% | - |
| One Eleven Kortrijk | €125,349 | €39,746 | 20.6% | - |
| Pieter Vercammen Gistel | €145,920 | €28,902 | 67.1% | - |
These companies have the same main activity as MVB: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €107,000 and €146,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 01-03-2023Normal situation
- Activity
- Painting of buildingsNACE 43341and 5 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.342.577.9128020 Oostkamp, since 01-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €28,950▼ 65.7%
- €14,039▼ 74.5%
- €70,130▲ 25.0%
- €119,308▲ 46.0%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 26-08-2026
Insights on MVB
MVB has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,130 and a net result of €14,039.
Its solvency ranks better than 64% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-08-2026, 26 days late€28,950
▼ 65.7%
€18,407
▼ 75.6%
€14,039
▼ 74.5%
€64,408
▲ 34.8%
58.8%
▼ 9.9 percentage points
2.31
▼ 0.55
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €120,000 and €290,000.
Balance sheet
balance sheet total €119,308 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
58.8%
Higher than 64% of 35,136 companies in 2025.
2.31
Higher than 61% of 34,510 companies in 2025.
11.8%
Higher than 62% of 34,711 companies in 2025.
MVB
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€31,493
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
119,308 | 81,701 | |
21/28 |
5,825 | 8,321 | |
22/27 |
5,825 | 8,321 | |
23 |
2,401 | 3,251 | |
24 |
3,424 | 5,070 | |
29/58 |
113,483 | 73,380 | |
3 |
10,000 | - | |
37 |
10,000 | - | |
40/41 |
76,077 | 51,387 | |
40 |
7,702 | 11,406 | |
41 |
68,375 | 39,981 | |
54/58 |
11,767 | 19,556 | |
490/1 |
15,639 | 2,438 | |
| Balance sheet: equity and liabilities | |||
10/49 |
119,308 | 81,701 | |
10/15 |
70,130 | 56,091 | |
10/11 |
1,000 | 1,000 | |
14 |
69,130 | 55,091 | |
17/49 |
49,178 | 25,610 | |
42/48 |
49,075 | 25,610 | |
42 |
20,000 | 16,599 | |
44 |
23,727 | 7,711 | |
440/4 |
23,727 | 7,711 | |
45 |
5,348 | 1,300 | |
450/3 |
1,300 | 1,300 | |
454/9 |
4,048 | - | |
492/3 |
103 | - | |
| Income statement | |||
9900 |
28,950 | 84,361 | |
62 |
6,299 | - | |
630 |
2,496 | 6,726 | |
640/8 |
1,748 | 2,226 | |
9901 |
18,407 | 75,409 | |
75/76B |
2,314 | 1,062 | |
75 |
2,314 | 1,062 | |
65/66B |
1,271 | 4,930 | |
65 |
1,271 | 4,930 | |
9903 |
19,450 | 71,541 | |
67/77 |
5,411 | 16,450 | |
9904 |
14,039 | 55,091 | |
9905 |
14,039 | 55,091 | |
| Appropriation of the result | |||
9906 |
69,130 | 55,091 | |
14P |
55,091 | - | |
| Social balance sheet | |||
9087 |
0.2 | - | |
Hours worked1013 |
184 | - | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00426184.
Subsidies and aid
Flemish government 2023, 1 entry, €206 awarded, €206 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 20,903 | 82,135 | ||
| 16,535 | 61,817 | ||
| 0 | 15,047 | ||
| -7,788 | - | ||
| 64,408 | 47,770 | ||
| 58.8% | 68.7% | ||
| 2.31 | 2.87 | ||
| 2.11 | 2.87 | ||
| 0.70 | 0.46 | ||
| 20.0% | 98.2% | ||
| 11.8% | 67.4% | ||
| 16.45 | 16.66 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| 0.2 | |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €15,047 |
| €2,496 | €6,726 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on MVB
The operating result for 2025 is 76% lower than in 2024.
Debt's share of the balance-sheet total rises from 31.3% to 41.2%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 01-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 26-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem toegekend, met de mogelijkheid een deel van…”deed of 03-03-2023
Mandates through the years
1 name, the dashed line is todayBoard
Mandates as a list
- VANBESIEN Maxiem Gerard Vincent Kenneth
- Director, from 01-03-2023 to date
Control
This company
MVB
Equity €70,130
Profit €14,039 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €701 in 2025
- Source
- deed of 03-03-2023
Articles of association
deed of 03-03-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer, algemene vergadering bepaalt aantal,duur,bevoegdheid bij meerdere”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 03-03-2023 ↗
- VANBESIEN Maxiem Gerard Vincent Kenneth 100 shares (100%) · €1,000
Network & group
No group
MVB has no parent and no holdings in its annual accounts. VANBESIEN Maxiem Gerard Vincent Kenneth is the only director. MVB shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 26 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799056702
Annual accounts 2024 filed PDFmicro format · 24 days before the deadline
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: VANBESIEN Maxiem Gerard Vincent Kenneth · Appointment: VANBESIEN Maxiem Gerard Vincent Kenneth (director) · published on 03-03-20235 points ▸
- Founder, VANBESIEN Maxiem Gerard Vincent Kenneth
- Founding capital, €1,000, 100 shares
- VANBESIEN Maxiem Gerard Vincent Kenneth holds all the shares
- Registered office clause, Speienstraat 17, 8020 Oostkamp (Ruddervoorde)
- Director appointment, VANBESIEN Maxiem Gerard Vincent Kenneth
- The deed holds 4 more points.
First establishment Speienstraat 17, Oostkamp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
MVB was incorporated on 1 March 2023 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2023, VANBESIEN Maxiem Gerard Vincent Kenneth has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0799.056.702
- VAT number
- BE 0799.056.702
- Peppol ID
- 0208:0799056702
- Other Peppol ID
- 9925:BE0799056702
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-03-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00deed of 03-03-2023 (in Dutch)
- Peppol
- Reachable since 18-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MVB in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-03-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 03-03-2023 (in Dutch)
Activities
NACEBEL 202543341
Painting of buildings main activity
74130
Interior design
Joint committees annual accounts 2025
JC 124
Construction
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
43341
Painting of buildings main activity
43333
Wallpapering and laying of floor and wall coverings in other materials
47910
Retail trade
74103
Other professional, scientific and technical activities
74104
Other professional, scientific and technical activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Schilder- en decoratiewerken; Gevelrenovatie; Uitbaten webshop; Maken van kaarsen,decoratie en juwelen; Onderhoud gebouwen:het…”deed of 03-03-2023 (in Dutch)
23 activities
- Schilder- en decoratiewerken
- Gevelrenovatie
- Uitbaten webshop
- Maken van kaarsen,decoratie en juwelen
- Onderhoud gebouwen:het schilderen,het plaatsen van behang en wand-en vloerbekleding,etcetera,van gebouwen in de meest ruime zin van het woord
- De aan-en verkoop,zowel in klein-als in groothandel,van verfproducten,textielwaren,verlichting,interieurartikelen,meubels,etcetera
- Het geven van advies inzake interieur en exterieur
- Het ontwerpen van interieurs en exterieurs
- Verhuur bouwmaterialen(hoogtewerkers,of andere machine’s)
- Reinigen van daken
- Verhuur stellingen en camionettes
- Openen van pop-up-interieur artikelen
- Overige gespecialiseerde bouwactiviteiten
- Drukkerijen en diensten in verband met drukkerijen
- Vervaardigen van producten van rubber
- Vervaardigen van glas en glaswerk
- Inbreng in speciën of in natura,fusie of splitsing,inschrijving,deelneming,financiële tussenkomst of andere wijze,aandeel nemen in bestaande of op te richten vennootschappen of bedrijven in België of buitenland met identiek,gelijkaardig of verwant voorwerp of bevorderend
- Vertegenwoordiging voor opdrachten en bestuursmandaten door bestuurder of andere afgevaardigde derde in eigen naam doch voor rekening van vennootschap
- Samenwerken met,deelnemen in,rechtstreeks of onrechtstreeks belangen nemen in andere ondernemingen
- Borg stellen tot waarborg eigen of derden verbintenissen door hypotheek of pand inclusief eigen handelszaak
- Deelnemen aan bestuur van vennootschappen en verenigingen via bijstand bij beheer,bestuur en management door functie van bestuurder,gedelegeerd bestuurder,directeur,directeur-generaal,manager,vereffenaar,volmachtdrager of mandataris en alle andere topfuncties via statutaire benoeming of overeenkomst aan zelfstandige manager
- Verwerven,huren of verhuren,vervaardigen,overdragen of ruilen van roerende of onroerende goederen,materialen en benodigdheden en alle commerciële,industriële of financiële handelingen met inbegrip van onderaanneming en uitbating intellectuele rechten en industriële of commerciële eigendommen,investeringsgoederen zelfs zonder verband met voorwerp
- Terbeschikkingstelling van roerende en onroerende goederen aan bestuurders als bezoldiging in natura zelfs zonder verband met voorwerpomschrijving
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Speienstraat 17 registered office 8020 Oostkamp | 01-03-2023 | 2.342.577.912 |
Buildings and parcels at the address
- Ground area
- 2,274 m²
- Buildings
- 219 m²
- Volume, LiDAR
- 701 m³
- Tallest building
- 6.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31025H0452/00G003 | 2,274 m² | 1 · 219 m² | 6.5 m · 1 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0799.056.702