MVDE
Annual accounts 2024
micro format, filed on 19-08-2025, 19 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €300,000 and €500,000.
Balance sheet
balance sheet total €35,192 on 31-12-2024in euro
in euro
Position in the sector
52.3%
Higher than 70% of 18,732 companies in 2024.
0.68
Higher than 33% of 18,121 companies in 2024.
32.8%
Higher than 89% of 18,200 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
35,192 | 19,104 | 23,941 | 23,511 | 37,931 | |
20 |
- | - | - | 4 | 349 | |
21/28 |
23,700 | 5,505 | 10,530 | 10,961 | 12,401 | |
21 |
- | - | - | - | 1 | |
22/27 |
23,700 | 5,505 | 10,530 | 10,961 | 12,400 | |
23 |
19,736 | 3,856 | 5,339 | 7,129 | 7,144 | |
24 |
3,964 | 1,649 | 5,191 | 3,832 | 5,257 | |
29/58 |
11,492 | 13,599 | 13,411 | 12,545 | 25,180 | |
29 |
3,000 | - | - | - | - | |
291 |
3,000 | - | - | - | - | |
40/41 |
323 | 6,321 | 2,405 | 8,331 | 6,585 | |
40 |
- | 3,430 | 1,060 | 5,413 | 3,630 | |
41 |
323 | 2,891 | 1,345 | 2,918 | 2,955 | |
54/58 |
8,169 | 7,278 | 4,433 | 3,794 | 18,315 | |
490/1 |
- | - | 6,573 | 421 | 280 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
35,192 | 19,104 | 23,941 | 23,511 | 37,931 | |
10/15 |
18,392 | 6,853 | 9,952 | -1,870 | 19,377 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
- | - | - | - | 17,377 | |
133 |
- | - | - | - | 17,377 | |
14 |
16,392 | 4,853 | 7,952 | -3,870 | - | |
17/49 |
16,801 | 12,251 | 13,989 | 25,380 | 18,554 | |
42/48 |
16,801 | 12,251 | 13,989 | 25,380 | 18,554 | |
44 |
4,372 | 1,504 | 3,993 | 3,814 | 2,805 | |
440/4 |
4,372 | 1,504 | 3,993 | 3,814 | 2,805 | |
45 |
12,429 | 7,437 | 3,957 | 14,148 | 5,651 | |
450/3 |
7,329 | 2,337 | 1,407 | 7,915 | 5,651 | |
454/9 |
5,100 | 5,100 | 2,550 | 6,233 | - | |
47/48 |
- | 3,311 | 6,039 | 7,419 | 10,099 | |
| Income statement | ||||||
9900 |
130,809 | 10,054 | 19,688 | -16,556 | 26,126 | |
62 |
21,400 | - | - | - | - | |
630 |
6,206 | 6,523 | 4,127 | 3,838 | 2,362 | |
640/8 |
90,278 | 5,337 | 3,536 | 816 | 596 | |
9901 |
12,926 | -1,805 | 12,025 | -21,210 | 23,168 | |
75/76B |
- | - | - | 0 | 54 | |
75 |
- | - | - | 0 | 54 | |
65/66B |
1,387 | 1,293 | 204 | 36 | 465 | |
65 |
1,387 | 1,293 | 204 | 36 | 465 | |
9903 |
11,539 | -3,099 | 11,821 | -21,246 | 22,756 | |
67/77 |
- | - | - | - | 4,580 | |
9904 |
11,539 | -3,099 | 11,821 | -21,246 | 18,177 | |
9905 |
11,539 | -3,099 | 11,821 | -21,246 | 18,177 | |
| Appropriation of the result | ||||||
9906 |
16,392 | 4,853 | 7,952 | -21,246 | 18,177 | |
14P |
4,853 | 7,952 | -3,870 | - | - | |
791/2 |
- | - | - | 17,377 | - | |
691/2 |
- | - | - | - | 17,377 | |
6921 |
- | - | - | - | 17,377 | |
694/7 |
- | - | - | - | 800 | |
694 |
- | - | - | - | 800 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 19-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 19 days after the deadline. Filed on 19 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00384274.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 19-08-2025 | 2025-00384274 | |
| 31-12-2023 | micro format | 04-08-2024 | 2024-00333543 | |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00321510 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20217898 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-32900399 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 19,132 | 4,718 | 16,152 | -17,372 | 25,530 | ||
| 17,745 | 3,424 | 15,948 | -17,408 | 20,539 | ||
| 24,402 | 1,498 | 3,692 | 2,053 | 13,452 | ||
| 892 | 2,845 | 639 | -14,521 | - | ||
| -5,309 | 1,348 | -578 | -12,835 | 6,626 | ||
| 52.3% | 35.9% | 41.6% | -8.0% | 51.1% | ||
| 0.68 | 1.11 | 0.96 | 0.49 | 1.36 | ||
| 0.91 | 1.79 | 1.41 | - | 0.96 | ||
| 62.7% | -45.2% | 118.8% | - | 93.8% | ||
| 32.8% | -16.2% | 49.4% | -90.4% | 47.9% | ||
| 13.80 | 3.65 | 79.33 | -482.84 | - |
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.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €24,402 | €1,498 | €3,692 | €2,053 |
| €6,206 | €6,523 | €4,127 | €3,838 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on MVDE
The operating result for 2024 is a profit of €12,926, after a loss of €1,805 in 2023. It is the highest result since 2020.
Debt's share of the balance-sheet total falls from 64.1% to 47.7%. Equity and debt are higher.