Turnover
≈ €300,000 estimated
The micro format states no turnover.
MVB-Engineering
Lifetime
1 annual account with figuresGross marginpeak €117,899 (2025)
€117,899
Resultpeak €78,206 (2025)
€78,206
Equitypeak €79,873 (2025)
€79,873
Debts
€61,667
Board1 name since 2024
1 directorVAN BELLEGHEM Michiel Walter Marie-Jeanne Camiel
Documentsfilings and deeds
30-07-20261 days before the deadline
2025micro format
Dividend €833First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€78,206
Higher net result than 89% of companies in machinery and equipment. Sector median €12,508 · 465 companies.
Checked score
89
Excellent
Financially stronger than 80% of micro companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very 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 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.8%
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.9%▲ +0.1 percentage points vs 11-2025
01-2026: 2.3%▲ +0.4 percentage points vs 12-2025
02-2026: 2.5%▲ +0.2 percentage points vs 01-2026
03-2026: 2.5%● unchanged vs 02-2026
04-2026: 2.8%▲ +0.3 percentage points vs 03-2026
05-2026: 2.9%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 2.8%▼ -0.1 percentage points vs 05-2026
07-2026: 2.8%● unchanged vs 06-2026
08-2026: 0.3%▼ -2.5 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 2.13, cash €70,269
Equity €79,873 (56.4% of total assets)
Figures for financial year 2025 (filed on 30-07-2026)
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 28, micro). It does better than 61% of them on solvency, 84% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 05-11-2026 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 very low class on 30-06-2025, 0.1% 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-Engineering 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.
The bankruptcy probability of MVB-Engineering itself is lower: 0.3% within 12 months. It rests on far more data about MVB-Engineering than the profile alone.
Test of the method
The method was tested on the 497,446 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-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 €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.13, above the usual 1.5. Short-term debt is 33.2% and cash 49.6% of total assets. 43.6% of the assets are financed with debt and provisions.
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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 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VAN BELLEGHEM Michiel Walter Marie-Jeanne Camiel 100 sharesdeed of 09-09-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1013188655
Incorporation
Founder: VAN BELLEGHEM Michiel Walter Marie-Jeanne Camiel · 100 shares · Appointment: VAN BELLEGHEM Michiel Walter Marie-Jeanne Camiel (director) · published on 09-09-2024 · Gazette deed
First establishment
Ledestraat 57, Assenede
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| MVB-Engineering Assenede | €141,540 | €117,899 | 56.4% | - |
| KENETIQ Malle | €157,657 | €125,168 | 60.1% | - |
| SUBFLOW Staden | €199,533 | €98,397 | 90.2% | - |
| LIZON Lessines | €179,086 | €94,284 | 21.9% | 0.8 |
| MID Maldegem | €331,431 | €62,254 | 37.0% | - |
| MecaHub Edegem | €367,277 | €176,679 | 95.7% | - |
| MPOWR Auderghem | €278,842 | €152,615 | 76.1% | - |
These companies have the same main activity as MVB-Engineering: manufacture of machinery and equipment not elsewhere classified (NACE 28990). They are comparable in size and age: total assets between €158,000 and €367,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 05-09-2024Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28990and 3 others
- Establishment unit
- 2.363.720.1509968 Assenede, since 05-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2026
Annual accounts 2025
- Total assets
- €141,540
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on MVB-Engineering
MVB-Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79,873 and a net result of €78,206.
Its solvency ranks better than 55% of 465 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
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 MVB-Engineering
- What is the company number of MVB-Engineering?
- The company number of MVB-Engineering is 1013.188.655. The VAT number is the same number with BE in front: BE 1013.188.655.
- Where is MVB-Engineering based?
- The registered office is at Ledestraat 57, 9968 Assenede.Company details
- What does MVB-Engineering do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28990).
- What is the legal form of MVB-Engineering?
- MVB-Engineering is a private limited company (BV).
- When was MVB-Engineering founded?
- MVB-Engineering was founded on 05-09-2024.
- Is MVB-Engineering still active?
- Yes, MVB-Engineering is an active enterprise in the KBO register.
- What is the turnover of MVB-Engineering?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €117,899 and 2,216 comparable companies of the same size. It probably lies between €200,000 and €460,000. It is a rough estimate.Financials
- Is MVB-Engineering profitable?
- In financial year 2025, MVB-Engineering made a profit of €78,206.
- Where can I find the annual accounts of MVB-Engineering?
- MVB-Engineering filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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