Equity
€195,746 ▲ 82.1%
Equity rose in 2025 from €107,483 to €195,746.
MVB PROJECT
Lifetime
6 annual accounts with figures on one time axispeak €194,516 (2024)
€175,357▼ 9.8%
lowest -€7,762 (2021)
€88,263▲ 1.3%
peak €195,746 (2025)
€195,746▲ 82.1%
€120,503▲ 16.7%
Board3 names since 2020
1 director
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Equity from €107,483 to €195,746Debts from €103,283 to €120,503Cash from €115,578 to €185,316
Key points
from the 2025 annual accountsTurnover
≈ €470,000 estimated
The micro format states no turnover.
Investments
€10,484 1.6 × depreciation
Green is investment, beige is depreciation.
Staff
2 employees on 31-12-2025
In 2025, 2 people joined and 3 left.
Filings
6 annual accounts 6 late
The 2024 accounts came latest: 47 days after the end of the period.
Position in the sector
€88,263
Higher net result than 95% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as MVB PROJECT 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.
Test of the method
The method was tested on the 497,448 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 MVB PROJECT. 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 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
Board and ownership
Director
- 40 sharesdeed of 11-02-2020
- founderdeed of 11-02-2020
- 40 sharesdeed of 11-02-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743401862
Resignation: (director)
Director discharge: (director (not named in the articles)) · General meeting of 31-03-2024 · Gazette deed
Registered office moved from Gistel to Ostend
New registered office: Vlaanderenstraat 23 te 8400 Oostende · Previous registered office: Veenstraat 25, 8470 Gistel · Resignation: (director) · General meeting of 01-08-2022 · Gazette deed
Incorporation
Founding capital of €10,000, 100 shares · Founders: , and · Appointments: , and · published on 11-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MVB PROJECT Ostend | €316,248 | €175,357 | 61.9% | - |
| TAWIN Ninove | €308,656 | €166,988 | 55.6% | - |
| Luddites Antwerp | €346,870 | €192,602 | 8.5% | - |
| Perform2achieve Westerlo | €364,906 | €166,323 | -35.5% | 1.8 |
| TOOGFILOSOOF Melle | €311,037 | €210,555 | 19.3% | - |
| INSOMNIA ARLON Arlon | €312,668 | €166,216 | 89.4% | - |
| UNION MARIA Ostend | €298,827 | €224,565 | 84.5% | - |
These companies have the same main activity as MVB PROJECT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €299,000 and €365,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 07-02-2020Normal situation
- Activity
- Cafés and barsNACE 56301and 3 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment units
- 2.299.236.8278400 Ostend, since 07-02-2020
- 2.299.236.9268470 Gistel, since 07-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €316,248▲ 50.0%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 25-08-2026
Insights on MVB PROJECT
MVB PROJECT files the micro format. That format states no turnover. The gross margin rose from €21,253 in 2020 to €175,357 in 2025.
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 PROJECT
- What is the company number of MVB PROJECT?
- The company number of MVB PROJECT is 0743.401.862. The VAT number is the same number with BE in front: BE 0743.401.862.
- Where is MVB PROJECT based?
- The registered office is at Vlaanderenstraat 23, 8400 Ostend.Company details
- What does MVB PROJECT do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of MVB PROJECT?
- MVB PROJECT is a private limited company (BV).
- When was MVB PROJECT founded?
- MVB PROJECT was founded on 07-02-2020.
- Is MVB PROJECT still active?
- Yes, MVB PROJECT is an active enterprise in the KBO register.
- How many employees does MVB PROJECT have?
- MVB PROJECT had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MVB PROJECT fall under?
- In its 2025 annual accounts, MVB PROJECT states joint committee 302 (Hotels and catering).
- What is the turnover of MVB PROJECT?
- The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €175,357 and 32 comparable companies (NACE 56301). It probably lies between €410,000 and €600,000.
- Is MVB PROJECT profitable?
- In financial year 2025, MVB PROJECT made a profit of €88,263.
- Where can I find the annual accounts of MVB PROJECT?
- MVB PROJECT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MVB PROJECT due?
- MVB PROJECT must file the annual accounts for financial year 2026 by 31-07-2027.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 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 Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.