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MVL Electrics

Active
Private limited companyfounded 20241 yr activeGrootveld 76, 1745 Opwijk, BelgiumKBO/BCE: BE 1017.033.815
Summary

The computed 12-month bankruptcy probability of MVL Electrics is 1.5% (moderate). The 2025 annual accounts show equity of €18,679 and a net result of €8,679. Its solvency ranks better than 28% of 28374 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability80
Solvency52
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.3; short-term debt: 73.1% and cash: 11.8% of total assets), and 73.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26.9%
Return on assets
12.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
28 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MVL Electrics was incorporated on 5 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€18,679
Total assets
€69,440
Net result
€8,679
Working capital
€15,143

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €69,440
Fixed assets €3,536
Current assets €65,904
Equity and liabilities €69,440
Equity €18,679
Debt €50,761
Debt finances 73.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,592
Cash flow
€9,794
Current ratio
1.30
Quick ratio
0.81
Debt to equity
2.72
ROE
46.5%
ROA
12.5%
Interest coverage
5.51
Debt ≤ 1 year
€50,761
Income taxes
€2,973
Staff costs
€1,366

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€69,440
Fixed assets21/28€3,536
Tangible fixed assets22/27€3,536
Furniture and vehicles24€3,536
Current assets29/58€65,904
Stocks and contracts in progress3€24,550
Stocks30/36€24,550
Amounts receivable within one year40/41€32,874
Trade receivables40€29,134
Other amounts receivable41€3,740
Cash at bank and in hand54/58€8,180
Deferred charges and accrued income490/1€300
Equity and liabilities
Total equity and liabilities10/49€69,440
Equity10/15€18,679
Contributions10/11€10,000
Profit (loss) carried forward14€8,679
Amounts payable17/49€50,761
Amounts payable within one year42/48€50,761
Trade debts44€41,925
Suppliers440/4€41,925
Advances received on contracts in progress46€4,709
Taxes, remuneration and social security45€3,404
Taxes450/3€2,843
Remuneration and social security454/9€561
Other amounts payable47/48€723
Income statement Code2025
Remuneration, social security and pensions62€1,366
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,115
Other operating charges640/8€3,082
Gross operating margin9900€20,040
Operating profit (loss)9901€14,477
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€2,831
Recurring financial charges65€2,831
Profit (loss) for the period before taxes9903€11,652
Income taxes67/77€2,973
Profit (loss) for the period9904€8,679
Profit (loss) for the period to be appropriated9905€8,679
Appropriation of the result
Profit (loss) to be appropriated9906€8,679

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,366
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,115
Other operating charges640/8€3,082
Gross operating margin9900€20,040
Operating profit (loss)9901€14,477
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€2,831
Recurring financial charges65€2,831
Profit (loss) for the period before taxes9903€11,652
Income taxes67/77€2,973
Profit (loss) for the period9904€8,679
Profit (loss) for the period to be appropriated9905€8,679
Line2025
Assets
Total assets20/58€69,440
Fixed assets21/28€3,536
Tangible fixed assets22/27€3,536
Furniture and vehicles24€3,536
Current assets29/58€65,904
Stocks and contracts in progress3€24,550
Stocks30/36€24,550
Amounts receivable within one year40/41€32,874
Trade receivables40€29,134
Other amounts receivable41€3,740
Cash at bank and in hand54/58€8,180
Deferred charges and accrued income490/1€300
Equity and liabilities
Total equity and liabilities10/49€69,440
Equity10/15€18,679
Contributions10/11€10,000
Profit (loss) carried forward14€8,679
Amounts payable17/49€50,761
Amounts payable within one year42/48€50,761
Trade debts44€41,925
Suppliers440/4€41,925
Advances received on contracts in progress46€4,709
Taxes, remuneration and social security45€3,404
Taxes450/3€2,843
Remuneration and social security454/9€561
Other amounts payable47/48€723
Line2025
Profit (loss) for the period9904€8,679
+ Depreciation and write-downs630€1,115
Operating cash flow (approximation)€9,794

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Opwijk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
882 m²
Building footprint
130 m²
Volume, LiDAR
753 m³
Parcel 23060D0400/00P000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MVL Electrics
Grootveld 76, 1745 OpwijkGeneral electrical installation work
since 20242.366.973.412
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23060D0400/00P000 Flanders 882 m² 1 · 130 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Dual-learning approval

1 live approval
Installateur elektrotechnische basiscomponenten duaal (so)
Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

Of 22,818 companies in sector 43211 we hold annual accounts for 10,336. 7,071 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
47540Retail sale of electrical household appliances
62200Computer consultancy and computer facilities management
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017033815
Also 9925:BE1017033815
Registered 02-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.