Equity
-€109,555
Debts exceed assets in financial year 2025.
MVK
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €524,407 (2007)
-€53,809▼ €160,952
lowest -€403,597 (2020)
-€74,257▼ €144,253
peak €1.3m (2012)
-€109,555▼ €74,257
€1.3m▲ 39.0%
peak 12.3 FTE (2006)
-not published
Board8 names since 2015
4 directors and 3 others
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €107,142 to -€53,809Loss of €74,257Equity from -€35,298 to -€109,555Debts from €921,463 to €1.3mInvestments €562,395Cash from €380,541 to €103,886
Key points
from the 2025 annual accountsDebts
€1.3m 109% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Investments
€562,395 46.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.48 was 0.95 in 2024
Short-term debts rose from €921,463 to €1.3m.
Filings
37 annual accounts since 1989
Six of the last ten came late. The 2024 accounts came latest: 92 days after the end of the period.
Position in the sector
-€74,257
Lower net result than 95% of companies in retail trade. Sector median €4,763 · 25,252 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,241 companies had the same profile as MVK has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
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 1,241 companies, not a prediction for MVK. 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
Board and ownership
Managing director
Managing director
Director, since 07-07-2020
Director, since 07-07-2020
Recent changes
Reappointments: (managing director) and (managing director)
General meeting of 07-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436970548
Company renamed from MEUBELEN VRANKEN KEUKENS to MVK
Permanent representatives: and · Resignations: ; ; and · Reappointments: (director) and (director) · General meeting of 07-07-2020 · Gazette deed
3 directors appointed, 1 resignation
Resignation: · Appointments: , (managing director) and (managing director) · Permanent representatives: and · Board meeting of 02-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MVK Nieuwerkerken (Limb.) | €1.2m | -€53,809 | -9.3% | - |
| BRICO - SANICHEL Bertrix | €1.1m | -€97,409 | 75.5% | - |
| CAMEO MEUBLES ARLON Bertrix | €1.5m | -€6,458 | 13.1% | - |
| OAK Uccle | €0.9m | -€21,326 | 87.5% | - |
| MEUBELEN VANGENEUGDEN Houthalen-Helchteren | €1.4m | -€23,363 | -64.0% | 3.4 |
| GIKIMAT Gingelom | €0.7m | €813 | 59.7% | 1 |
| DE POTTENTUIN Malle | €0.9m | -€8,152 | 9.3% | 2.9 |
These companies have the same main activity as MVK: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €681,000 and €1.5m, founded between 1973 and 2003.
Official details
Source: KBO- Status
- Active since 07-03-1989Normal situation
- Activity
- Retail sale of household furnitureNACE 47551
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.042.862.9563850 Nieuwerkerken (Limb.), since 10-04-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Insights on MVK
MVK files the micro format. That format states no turnover. The gross margin fell from €452,892 in 2006 to -€53,809 in 2025.
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 MVK
- What is the company number of MVK?
- The company number of MVK is 0436.970.548. The VAT number is the same number with BE in front: BE 0436.970.548.
- Where is MVK based?
- The registered office is at Diestersteenweg 99, 3850 Nieuwerkerken (Limb.).Company details
- What does MVK do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of MVK?
- MVK is a public limited company (NV).
- When was MVK founded?
- MVK was founded on 07-03-1989.
- Is MVK still active?
- Yes, MVK is an active enterprise in the KBO register.
- How many employees does MVK have?
- MVK had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does MVK fall under?
- In its 2025 annual accounts, MVK states joint committee 201 (Independent retail).
- What is the turnover of MVK?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is MVK profitable?
- In financial year 2025, MVK made a loss of €74,257.
- Where can I find the annual accounts of MVK?
- MVK filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MVK due?
- MVK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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