Equity
€58,973 ▼ 71.8%
MVG Technics paid out €200,000 in dividends. That is 401% of the 2025 profit.
MVG Technics
Lifetime
5 annual accounts with figures on one time axispeak €177,947 (2024)
€144,634▼ 18.7%
lowest -€3,930 (2021)
€49,830▼ 63.1%
peak €209,143 (2024)
€58,973▼ 71.8%
€718,379▲ 669%
Board1 name since 2021
1 director
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Gross margin from €177,947 to €144,634Result from €134,996 to €49,830Dividend €200,000Equity from €209,143 to €58,973Debts from €93,363 to €718,379Investments €566,947
Key points
from the 2025 annual accountsDebts
€718,379 92% of the balance sheet
Financial debts 59%Suppliers 4%Taxes and wages 6%Other 31%
Of this, €276,131 falls due within a year.
Investments
€572,887 40.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 138.4% higher than in 2024.
Liquidity
0.78 was 3.16 in 2024
Short-term debts rose from €92,885 to €276,131.
Filings
5 annual accounts 4 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
7.6%
Lower solvency than 87% of companies in specialised construction. Sector median 46.8% · 37,271 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,154 companies had the same profile as MVG Technics has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,154 companies, not a prediction for MVG Technics. 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
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Signals
Recent changes
Registered office moved within Beveren-Kruibeke-Zwijndrecht
New registered office: Gentseweg 309 D10 te 9120 Beveren-Kruibeke-Zwijndrecht · Previous registered office: Edgard Tinelstraat 13 te 9120 Beveren-Kruibeke-Zwijndrecht · Board meeting of 27-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771874431
Registered office moved within Beveren
New registered office: Edgard Tinelstraat 13, 9120 Beveren · Previous registered office: Walhof 1 bus B001, 9120 Beveren · Gazette deed
Incorporation
Founding capital of €2,000, 200 shares · Founder: · Appointment: (director) · published on 03-08-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MVG Technics Beveren-Kruibeke-Zwijndrecht | €777,352 | €144,634 | 7.6% | - |
| Verhoeven Kevin Aalst | €880,743 | €142,530 | 33.6% | 0.1 |
| GH-Groep Sint-Niklaas | €778,052 | €171,161 | 35.9% | - |
| BART'S KOELTECHNIEK Ledegem | €845,741 | €166,362 | 25.4% | - |
| L&M Services Ranst | €716,655 | €167,848 | 36.9% | - |
| SMART ELECTRIC PEETERS Zoutleeuw | €715,055 | €138,796 | 59.9% | - |
| VS KLIMA SYSTEMS Geraardsbergen | €700,402 | €168,398 | 31.4% | - |
These companies have the same main activity as MVG Technics: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €700,000 and €881,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 30-07-2021Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
- Establishment unit
- 2.322.352.9179120 Beveren-Kruibeke-Zwijndrecht, since 30-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 17-07-2025
Annual accounts 2025
- ≈ €450,000estimated
- €777,352▲ 157%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 29-08-2026
Insights on MVG Technics
MVG Technics files the micro format. That format states no turnover. The gross margin rose from -€3,121 in 2021 to €144,634 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
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 MVG Technics
- What is the company number of MVG Technics?
- The company number of MVG Technics is 0771.874.431. The VAT number is the same number with BE in front: BE 0771.874.431.
- Where is MVG Technics based?
- The registered office is at Gentseweg 309, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does MVG Technics do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of MVG Technics?
- MVG Technics is a private limited company (BV).
- When was MVG Technics founded?
- MVG Technics was founded on 30-07-2021.
- Is MVG Technics still active?
- Yes, MVG Technics is an active enterprise in the KBO register.
- How many employees does MVG Technics have?
- MVG Technics had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MVG Technics?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €144,634 and 93 comparable companies (NACE 432). It probably lies between €360,000 and €550,000.
- Is MVG Technics profitable?
- In financial year 2025, MVG Technics made a profit of €49,830.
- Where can I find the annual accounts of MVG Technics?
- MVG Technics filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MVG Technics due?
- MVG Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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