MVDA Management
ActiveMVDA Management has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €-8k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-64
Solvency64▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.84 in 2024; short-term debt: 59.2% and cash: 22% of total assets), but 61% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39%
Return on assets
-9.8%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
250 d late
2022
497 d late
2021
21 d late
2020
26 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 20.1%
2024 · €39k
2019: €-81k
2020: €-86k
2021: €-60k
2022: €-27k
2023: €79k
2024: €39k
2019 → 2025
Total assets
€79k▲ 3.2%
2024 · €77k
2019: €26k
2020: €23k
2021: €18k
2022: €25k
2023: €151k
2024: €77k
2019 → 2025
Net result
€-8k
2024 · €1k
2019: €-33k
2020: €-5k
2021: €26k
2022: €33k
2023: €105k
2024: €1k
2019 → 2025
Working capital
€27k▼ 15.1%
2024 · €32k
2019: €-11k
2020: €-10k
2021: €-31k
2022: €-4k
2023: €101k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-60k-€-27k▲ 55.5%€79k€39k▼ 50.7%€31k▼ 20.1%
Operating result€27k-€39k▲ 45.5%€106k▲ 175%€2k▼ 98.1%€-8k
Net result€26k-€33k▲ 27.0%€105k▲ 214%€1k▼ 99.0%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€5k▼ 21.5%
Current assets
€74k▲ 5.6%
Equity and liabilities €79k
Equity
€31k▼ 20.1%
Debt
€49k▲ 26.9%
The debt ratio rises from 49.7% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €4k
Cash flow
€-6k▼
2024 · €3k
Solvency
39.0%▼
2024 · 50.3%
Current ratio
1.58▼
2024 · 1.84
Quick ratio
1.58▼
2024 · 1.84
Debt / equity
1.57▲
2024 · 0.99
ROE
-25.1%▼
2024 · 2.8%
ROA
-9.8%▼
2024 · 1.4%
Interest coverage
-65.28▼
2024 · 8.85
Debt
€49k▲
2024 · €38k
Debt ≤ 1 year
€47k▲
2024 · €38k
Income taxes
€320▼
2024 · €418
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€77k€79k▲
Fixed assets21/28€7k€5k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27-€661
Furniture and vehicles24-€661
Financial fixed assets28€400€400=
Current assets29/58€70k€74k▲
Amounts receivable within one year40/41€25k€57k▲
Trade receivables40€25k€6k▼
Other amounts receivable41€0€50k▲
Cash at bank and in hand54/58€46k€18k▼
Equity and liabilities
Total equity and liabilities10/49€77k€79k▲
Equity10/15€39k€31k▼
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€27€27=
Reserves not available under the articles1311€27€27=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€38k€49k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€38k€47k▲
Trade debts44€15k€19k▲
Suppliers440/4€15k€19k▲
Taxes, remuneration and social security45€20k€28k▲
Taxes450/3€20k€28k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€7k€-5k▼
Operating profit (loss)9901€2k€-8k▼
Financial income75/76B-€753
Recurring financial income75-€753
Financial charges65/66B€461€92▼
Recurring financial charges65€461€92▼
Profit (loss) for the period before taxes9903€2k€-7k▼
Income taxes67/77€418€320▼
Profit (loss) for the period9904€1k€-8k▼
Profit (loss) for the period to be appropriated9905€1k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-8k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€1k€0▼
To other reserves6921€1k€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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 250 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 497 days late
2023
30-06
Financial
Highest result since 2019net €105k ▲214%
Operating result €106k, net result €105k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 3.48
Current ratio from 0.79 to 3.48.
2022
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
30-06
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
webconcept2basics
since 20102.185.600.040
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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
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HB Ontwikkelt
BE 0787.953.269
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GD Projecten
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Immobilière Lida Meza
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,568 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2010
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.