MVDN
The computed 12-month bankruptcy probability of MVDN is 0.8% (low). The 2025 annual accounts show equity of €592 and a net result of €36k. Equity is shrinking by ~55.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 1065 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €592 |
| Net result | €36k |
| Better than sector | 10% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.5% | 51.1% | |
| Net result | €36k | €24k | |
| Equity | €592 | €51k | |
| Gross operating margin | €52k | €46k | |
| Total assets | €112k | €117k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €51k |
| Net profit | €36k |
| Cash flow | €40k |
| Staff costs | - |
| Income taxes | €10k |
| Dividends | €70k |
| Total assets | €112k |
| Equity | €592 |
| Debt | €111k |
| of which ≤ 1y | €111k |
| of which > 1y | - |
| Working capital | €-14k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.88 |
| Quick ratio | 0.88 |
| Working capital ratio | -12.2% |
| Solvency | 0.5% |
| Debt / equity | 188.19 |
| Long-term debt ratio | - |
| Interest coverage | 41.11 |
| Gross margin | - |
| Net margin | - |
| ROA | 32.2% |
| ROE | 6096.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €112k |
| Fixed assets | 21/28 | €14k |
| Tangible fixed assets | 22/27 | €14k |
| Current assets | 29/58 | €98k |
| Amounts receivable within one year | 40/41 | €86k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €112k |
| Equity | 10/15 | €592 |
| Contributions / capital | 10/11 | €500 |
| Reserves | 13 | €92 |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €111k |
| Amounts payable within one year | 42/48 | €111k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €52k |
| Operating result | 9901 | €47k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €46k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €36k |
| Result to be appropriated | 9905 | €36k |
-
Current06-07-2022 → present
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Moore AuditCurrent Company auditor · represented by Liesbet Vandenabeele |
- | 29-06-2022 → present |
| NACE primary | 82990 |
| Legal form | Private limited company(610) |
| Incorporation | 16-02-2021 |
| Status | Active |
| Postal code | 2140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11313B0961/00C009 | Flanders | 383 m² | 1 · 120 m² | 11.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-01-2026 Registered office moved from Antwerpen to Borgerhout
- verbrande-entrepotstraat 1, 2000 Antwerpen → Joos Robijnslei 24, 2140 Borgerhout
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Borgerhout",
"region": null,
"street": "Joos Robijnslei",
"country": "BE",
"postcode": "2140",
"box_number": null,
"street_number": "24"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "verbrande-entrepotstraat",
"country": "BE",
"postcode": "2000",
"box_number": "3",
"street_number": "1"
},
"effective_date": "2026-01-01",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van verbrande-entrepotstraat 1 bus 3, 2000 Antwerpen naar Joos Robijnslei 24, 2140 Borgerhout, en dit vanaf 01/01/2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.668.033",
"name_full": "MVDN",
"legal_form": "BV"
}
}06-07-2022 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": true,
"object_change": true,
"effective_date": "2022-06-29",
"legal_form_change": true
},
"bedrijfsrevisor": {
"quote": "Moore Audit BV, kantoorhoudend te Autobaan 22 bus0202, 8210 Loppem, (ondernemingsnummer 0453.925.059), vertegenwoordigd door Liesbet Vandenabeele, bedrijfsrevisor, aangesteld op 20 mei 2022 door de algemene vergadering van de CommV MVDN",
"firm_kbo": "0453.925.059",
"firm_name": "Moore Audit BV",
"ibr_number": null,
"individual_name": "Liesbet Vandenabeele"
},
"subject_company": {
"kbo": "0763.668.033",
"name_full": "MVDN",
"legal_form": "CommV"
},
"signature_regime": "solo",
"special_mandates": [
{
"quote": "Het voormelde verslag van de bedrijfsrevisor, opgesteld in toepassing van artikel 14:4 van het WVV, zal tegelijk met een uitgifte van dit proces-verbaal worden neergelegd in het vennootschapsdossier van de bevoegde griffie van de ondernemingsrechtbank en bekendgemaakt overeenkomstig artikel 2:14, 4\u00B0 van het WVV.",
"holder_kbo": "0453.925.059",
"holder_name": "Moore Audit BV",
"scope_categories": [
"publication",
"filing"
],
"with_substitution": false
},
{
"quote": "Een bijzondere volmacht wordt verleend aan de alle medewerkers van de besloten vennootschap \u201CFIBOCOUNT\u201D, met zetel te 9120 Beveren (Kallo), Gasthuisstraat 4, met ondernemingsnummer 0721.737.804, allen alleen handelend en met bevoegdheid tot indeplaatsstelling, om de (wijziging/doorhaling van de) inschrijving en alle noodzakelijke formaliteiten te vervullen bij de Griffie van de bevoegde Ondernemingsrechtbank, de Kruispuntbank van Ondernemingen, de Ondernemingsloketten, de BTW-Administratie, de Administratie van de Directe Belastingen, de sociale verzekeringsfondsen, en om het even welke andere administratieve instanties.",
"holder_kbo": "0721.737.804",
"holder_name": "FIBOCOUNT",
"scope_categories": [
"administrative_formalities",
"KBO",
"tax",
"filing"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}04-11-2021 Registered office moved within Antwerpen
- Sint-Michielskaai 9, 2000 Antwerpen → Verbrande Entrepotstraat 1, 2000 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Verbrande Entrepotstraat",
"country": "BE",
"postcode": "2000",
"box_number": "3",
"street_number": "1"
},
"old_address": {
"city": "Antwerpen",
"region": "Vlaams Gewest",
"street": "Sint-Michielskaai",
"country": "BE",
"postcode": "2000",
"box_number": "301",
"street_number": "9"
},
"effective_date": "2021-09-25",
"evidence_quote": "De buitengewone algemene vergadering van de commanditaire vennootschap MVDN, gehouden op de maatschappelijke zetel op 24 September, heeft beslist om de maatschappelijke zetel van de vennootschap over te brengen naar: Verbrande Entrepotstraat 1 Bus 3, 2000 Antwerpen en dit vanaf 25 September 2021."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.668.033",
"name_full": "MVDN",
"legal_form": "CommV"
}
}18-02-2021 Incorporation of a new CommV
Technical details
{
"kind": "oprichting",
"seat": "Sint-Michielskaai 9 bus 301, 2000 Antwerpen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1991-04-01",
"name": "Vanhoutteghem Matthias Ren\u00E9 R",
"niss": null,
"address": "Sint-Michielskaai 9 bus 301, 2000 Antwerpen"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 499,
"holder_person_name": "Vanhoutteghem Matthias Ren\u00E9 R",
"is_subscriber_only": false,
"n_shares_subscribed": 499,
"amount_subscribed_eur": 499,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1964-02-06",
"name": "Demoor Karin Zulma Malvina",
"niss": null,
"address": "Karel van de Poelestraat 7, 2650 Edegem"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1,
"holder_person_name": "Demoor Karin Zulma Malvina",
"is_subscriber_only": true,
"n_shares_subscribed": 1,
"amount_subscribed_eur": 1,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 500,
"subject_company": {
"kbo": "0763.668.033",
"name_full": "MVDN Comm. V",
"legal_form": "CommV"
},
"initial_directors": [],
"incorporation_date": "2021-02-15",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MVDN |