MVITRA
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 30-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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
22 d early
2023
on the day
2022
37 d early
2021
30 d early
2020
31 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2025, abbreviated schema
Equity
€4.52M▲ 6.1%
2024 · €4.26M
Total assets
€4.88M▲ 4.1%
2024 · €4.69M
Net result
€260k▼ 11.1%
2024 · €293k
Working capital
€3.96M▲ 13.8%
2024 · €3.48M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€408k▲ 369%€303k▼ 25.6%€459k▲ 51.3%€338k▼ 26.4%€390k▲ 15.6%
Net result€316k▲ 150%€245k▼ 22.6%€380k▲ 55.4%€293k▼ 23.1%€260k▼ 11.1%
Equity€3.74M▲ 9.2%€3.99M▲ 6.5%€4.37M▲ 9.5%€4.26M▼ 2.5%€4.52M▲ 6.1%
Total assets€4.20M▼ 1.1%€4.46M▲ 6.2%€4.96M▲ 11.3%€4.69M▼ 5.4%€4.88M▲ 4.1%
Debt€456k▼ 44.2%€470k▲ 3.1%€592k▲ 25.9%€434k▼ 26.8%€364k▼ 16.0%
Working capital€3.27M▲ 14.9%€3.56M▲ 9.1%€3.65M▲ 2.4%€3.48M▼ 4.5%€3.96M▲ 13.8%
Staff (FTE)11.3▼ 5.8%12.3▲ 8.8%11.8▼ 4.1%10▼ 15.3%8.9▼ 11.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.88M
Fixed assets
€661k ▼ 14.9%
Current assets
€4.22M ▲ 7.8%
Equity and liabilities €4.88M
Equity
€4.52M ▲ 6.1%
Debt
€364k ▼ 16.0%
Debt's share of the balance-sheet total falls from 9.2% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€506k▲
2024 · €495k
Cash flow
€375k▼
2024 · €450k
Current ratio
16.26▲
2024 · 9.03
Debt to equity
0.08▼
2024 · 0.10
ROE
5.8%▼
2024 · 6.9%
ROA
5.3%▼
2024 · 6.2%
Interest coverage
9.14▼
2024 · 91.07
Debt ≤ 1 year
€260k▼
2024 · €434k
Income taxes
€105k▲
2024 · €80k
Staff costs
€459k▼
2024 · €650k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8k | €82k | €39k | - | - |
| Remuneration, social security and pensions62 | - | €659k | €637k | €650k | €459k | ▼ 29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €154k | €112k | €107k | €157k | €115k | ▼ 26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | - | €-2k | - | - |
| Other operating charges640/8 | - | €28k | €32k | €32k | €9k | ▼ 70.7% |
| Gross operating margin9900 | €1.22M | €1.10M | €1.23M | €1.17M | €974k | ▼ 17.1% |
| Operating profit (loss)9901 | €408k | €303k | €459k | €338k | €390k | ▲ 15.6% |
| Financial income75/76B | - | €27k | €22k | €40k | €30k | ▼ 24.9% |
| Recurring financial income75 | €16k | €27k | €22k | €40k | €26k | ▼ 35.1% |
| Non-recurring financial income76B | - | - | - | - | €4k | - |
| Financial charges65/66B | - | €7k | €5k | €5k | €55k | ▲ 918% |
| Recurring financial charges65 | €6k | €7k | €5k | €5k | €55k | ▲ 918% |
| Profit (loss) for the period before taxes9903 | €417k | €323k | €476k | €373k | €365k | ▼ 1.9% |
| Income taxes67/77 | €101k | €78k | €95k | €80k | €105k | ▲ 31.7% |
| Profit (loss) for the period9904 | €316k | €245k | €380k | €293k | €260k | ▼ 11.1% |
| Transfer to tax-exempt reserves689 | - | €8k | €78k | €39k | - | - |
| Profit (loss) for the period to be appropriated9905 | €292k | €237k | €302k | €254k | €260k | ▲ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.20M | €4.46M | €4.96M | €4.69M | €4.88M | ▲ 4.1% |
| Fixed assets21/28 | €475k | €424k | €719k | €776k | €661k | ▼ 14.9% |
| Tangible fixed assets22/27 | €475k | €424k | €719k | €776k | €661k | ▼ 14.9% |
| Land and buildings22 | - | €191k | €191k | €191k | €191k | = |
| Plant, machinery and equipment23 | - | €28k | €21k | €61k | €50k | ▼ 18.4% |
| Furniture and vehicles24 | - | €204k | €507k | €524k | €420k | ▼ 19.9% |
| Current assets29/58 | €3.72M | €4.03M | €4.24M | €3.92M | €4.22M | ▲ 7.8% |
| Amounts receivable within one year40/41 | €962k | €796k | €913k | €925k | €1.39M | ▲ 49.8% |
| Trade receivables40 | - | €354k | €461k | €456k | €471k | ▲ 3.1% |
| Other amounts receivable41 | - | €442k | €452k | €468k | €915k | ▲ 95.3% |
| Current investments50/53 | €372 | €372 | €804k | €821k | €1.25M | ▲ 52.3% |
| Cash at bank and in hand54/58 | €2.75M | €3.23M | €2.51M | €2.17M | €1.58M | ▼ 27.1% |
| Deferred charges and accrued income490/1 | - | €6k | €7k | €4k | €6k | ▲ 66.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.20M | €4.46M | €4.96M | €4.69M | €4.88M | ▲ 4.1% |
| Equity10/15 | €3.74M | €3.99M | €4.37M | €4.26M | €4.52M | ▲ 6.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €3.25M | €3.92M | €4.30M | €4.20M | €4.46M | ▲ 6.2% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €909k | €987k | €1.03M | €1.03M | = |
| Distributable reserves133 | - | €3.01M | €3.31M | €3.16M | €3.42M | ▲ 8.2% |
| Profit (loss) carried forward14 | €430k | - | - | - | - | - |
| Amounts payable17/49 | €456k | €470k | €592k | €434k | €364k | ▼ 16.0% |
| Amounts payable within one year42/48 | €456k | €470k | €592k | €434k | €260k | ▼ 40.1% |
| Trade debts44 | €284k | €295k | €465k | €309k | €149k | ▼ 51.7% |
| Suppliers440/4 | - | €295k | €465k | €309k | €149k | ▼ 51.7% |
| Taxes, remuneration and social security45 | - | €175k | €126k | €125k | €111k | ▼ 11.4% |
| Taxes450/3 | - | €61k | €14k | €13k | €23k | ▲ 85.3% |
| Remuneration and social security454/9 | - | €113k | €112k | €112k | €87k | ▼ 22.2% |
| Other amounts payable47/48 | - | €1k | €1k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €104k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €316k | €245k | €380k | €293k | €260k | ▼ 11.1% |
| + Depreciation and write-downs630 | €154k | €112k | €107k | €157k | €115k | ▼ 26.6% |
| Operating cash flow (approximation) | €470k | €357k | €487k | €450k | €375k | ▼ 16.5% |
| Investment in fixed assets (approximation) | - | €-61k | €-402k | €-214k | €0 | ▲ 100% |
| Change in cash | - | €476k | €-716k | €-349k | €-586k | ▼ 68.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
19-03
State Gazette act
Capital & sharesShare transfer · Power of attorney3 facts ▸
State Gazette act
Capital & shares
Share transfer · Power of attorney3 facts ▸
- Board meeting, 18/12/2025
- Share transfer, RETRAC LOGISTICS BV → MVITRA
- Power of attorney, AD-Ministerie BV
17-03
State Gazette act
Registered office · Resignations & appointments · Restructuring · End & cessationMerger · Dissolution · Accounting effect4 facts ▸
State Gazette act
Registered office · Resignations & appointments · Restructuring · End & cessation
Merger · Dissolution · Accounting effect4 facts ▸
- General meeting, 30-12-2025
- Merger, verrichting gelijkgesteld met fusie door overneming, 30-12-2025
- Dissolution, 30-12-2025
- Accounting effect, 30-06-2025
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €380k ▲55.4%
Operating result €459k, net result €380k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €49k ▼74.5%
Net result drops to €49k, the lowest in the series.
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 2 have been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:RETRAC LOGISTICS
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)