MVC
ActiveMVC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €476k and a net result of €-73k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 93% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.12 against 1.39 in 2024; short-term debt: 6.6% and cash: 0.6% of total assets), and 6.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
93.4%
Return on assets
-14.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-73k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
30 d late
2022
on the day
2021
52 d early
2020
26 d early
2019
29 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€476k▼ 13.3%
2024 · €550k
2018: €567k
2019: €680k
2020: €696k
2021: €664k
2022: €680k
2023: €647k
2024: €550k
2018 → 2025
Total assets
€510k▼ 10.3%
2024 · €569k
2018: €594k
2019: €749k
2020: €744k
2021: €680k
2022: €681k
2023: €650k
2024: €569k
2018 → 2025
Net result
€-73k▲ 24.7%
2024 · €-97k
2018: €154k
2019: €114k
2020: €17k
2021: €20k
2022: €16k
2023: €-32k
2024: €-97k
2018 → 2025
Working capital
€-30k
2024 · €8k
2018: €172k
2019: €56k
2020: €73k
2021: €80k
2022: €111k
2023: €103k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€664k-€680k▲ 2.3%€647k▼ 4.8%€550k▼ 15.0%€476k▼ 13.3%
Operating result€30k-€26k▼ 11.7%€-31k€-96k▼ 212%€-73k▲ 24.1%
Net result€20k-€16k▼ 21.1%€-32k€-97k▼ 204%€-73k▲ 24.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2025 against €96k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €510k
Fixed assets
€506k▼ 6.7%
Current assets
€4k▼ 84.7%
Equity and liabilities €510k
Equity
€476k▼ 13.3%
Debt
€34k▲ 74.5%
The debt ratio rises from 3.4% to 6.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-37k▲
2024 · €-67k
Cash flow
€-38k▲
2024 · €-68k
Solvency
93.4%▼
2024 · 96.6%
Current ratio
0.12▼
2024 · 1.39
Quick ratio
0.12▼
2024 · 1.39
Debt / equity
0.07▲
2024 · 0.04
ROE
-15.4%▲
2024 · -17.7%
ROA
-14.4%▲
2024 · -17.1%
Interest coverage
-280.94▼
2024 · -78.20
Debt
€34k▲
2024 · €19k
Debt ≤ 1 year
€34k▲
2024 · €19k
Income taxes
€267▼
2024 · €294
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€569k€510k▼
Fixed assets21/28€542k€506k▼
Tangible fixed assets22/27€542k€506k▼
Land and buildings22€501k€479k▼
Furniture and vehicles24€30k€18k▼
Other tangible fixed assets26€11k€9k▼
Current assets29/58€27k€4k▼
Amounts receivable within one year40/41€25k€0▼
Trade receivables40€0€0=
Other amounts receivable41€25k€0▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€0€907▲
Equity and liabilities
Total equity and liabilities10/49€569k€510k▼
Equity10/15€550k€476k▼
Contributions10/11€19k€19k=
Reserves13€178k€178k=
Distributable reserves133€178k€178k=
Profit (loss) carried forward14€353k€280k▼
Amounts payable17/49€19k€34k▲
Amounts payable within one year42/48€19k€34k▲
Trade debts44€108€8k▲
Suppliers440/4€108€8k▲
Taxes, remuneration and social security45€294€267▼
Taxes450/3€294€267▼
Other amounts payable47/48€19k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€36k▲
Other operating charges640/8€6k€10k▲
Gross operating margin9900€-61k€-27k▲
Operating profit (loss)9901€-96k€-73k▲
Financial income75/76B€41€95▲
Recurring financial income75€41€95▲
Financial charges65/66B€860€133▼
Recurring financial charges65€860€133▼
Profit (loss) for the period before taxes9903€-97k€-73k▲
Income taxes67/77€294€267▼
Profit (loss) for the period9904€-97k€-73k▲
Profit (loss) for the period to be appropriated9905€-97k€-73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€353k€280k▼
Profit (loss) brought forward from the previous period14P€450k€353k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-97k
Net result drops to €-97k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 12current ratio 69.93
Current ratio from 6.02 to 69.93; short-term debt falls from €16k to €2k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 6.02
Current ratio from 2.55 to 6.02; short-term debt falls from €47k to €16k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, As · 1 establishment unit since 2001
Ground area
807 m²
Building footprint
332 m²
Volume, LiDAR
729 m³
Parcel 71043B0008/00H003, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hoogstraat(As) 160, 3665 As
since 20012.102.752.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71043B0008/00H003 | Flanders | 807 m² | 1 · 332 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GEMAFLEKS
BE 0842.937.918
Brugge · Eq €476k
HEFTRUCKS DURNEZ
BE 0475.682.357
Wevelgem · Eq €474k
TOBACCO TRADING & SERVICES
BE 0454.319.888
Sint-Niklaas · Eq €479k
Européenne des Brevets
BE 0401.829.428
Wavre · Eq €480k
ATMO
BE 0447.514.646
Gent · Eq €480k
Of 2,507 companies in sector 46649 we hold annual accounts for 1,760. 1,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-1989
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
51873
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.