MVL GROUP
ActiveSummary
MVL GROUP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €38k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+41
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 18.05 against 0.98 in 2024; short-term debt: 5.5% and cash: 96.9% of total assets), and 23.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.1%
Return on assets
36.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
26 d late
2024
59 d early
2023
58 d late
2022
116 d late
2021
26 d late
2020
23 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k
2024 · €-52k
2019: €72khighest in 7 years
2020: €-28k▼ -139% vs 2019
2021: €13k▲ +145% vs 2020
2022: €8k▼ -36.0% vs 2021
2023: €3k▼ -65.2% vs 2022
2024: €-52k▼ -1931% vs 2023lowest in 7 years
2025: €38k▲ +172% vs 2024
2019 → 2025
Working capital
€96k
2024 · €-314
2019: €12k
2020: €-14k▼ -224% vs 2019lowest in 7 years
2021: €-3k▲ +81.1% vs 2020
2022: €4k▲ +246% vs 2021
2023: €3k▼ -31.6% vs 2022
2024: €-314▼ -111% vs 2023
2025: €96k▲ +30876% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€90k▲ 10.0%€92k▲ 3.2%€40k▼ 56.2%€78k▲ 92.9%
2021: €81k
2022: €90k▲ +10.0% vs 2021
2023: €92k▲ +3.2% vs 2022highest in 5 years
2024: €40k▼ -56.2% vs 2023lowest in 5 years
2025: €78k▲ +92.9% vs 2024
Operating result€15k-€11k▼ 28.5%€9k▼ 20.5%€-7k€59k
2021: €15k
2022: €11k▼ -28.5% vs 2021
2023: €9k▼ -20.5% vs 2022
2024: €-7k▼ -176% vs 2023lowest in 5 years
2025: €59k▲ +994% vs 2024highest in 5 years
Net result€13k-€8k▼ 36.0%€3k▼ 65.2%€-52k€38k
2021: €13k
2022: €8k▼ -36.0% vs 2021
2023: €3k▼ -65.2% vs 2022
2024: €-52k▼ -1931% vs 2023lowest in 5 years
2025: €38k▲ +172% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €59k after a loss of €7k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€526 ▼ 99.5%
Current assets
€102k ▲ 651%
Equity and liabilities €103k
Equity
€78k ▲ 92.9%
Provisions
€19k
Debt
€6k ▼ 92.8%
Debt's share of the balance-sheet total falls from 66.0% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60k▲
2024 · €2k
Cash flow
€39k▲
2024 · €-43k
Current ratio
18.05▲
2024 · 0.98
Debt to equity
0.07▼
2024 · 1.94
ROE
48.2%▲
2024 · -128.3%
ROA
36.6%▲
2024 · -43.6%
Interest coverage
19.51▲
2024 · 0.04
Debt ≤ 1 year
€6k▼
2024 · €14k
Income taxes
€-378▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€119k€103k▼
Fixed assets21/28€105k€526▼
Tangible fixed assets22/27€105k€526▼
Land and buildings22€104k-
Furniture and vehicles24€2k€526▼
Financial fixed assets28€71-
Current assets29/58€14k€102k▲
Amounts receivable within one year40/41€12k€3k▼
Trade receivables40€8k-
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€1k€99k▲
Deferred charges and accrued income490/1-€31
Equity and liabilities
Total equity and liabilities10/49€119k€103k▼
Equity10/15€40k€78k▲
Contributions10/11€25k€25k=
Reserves13€3k€59k▲
Tax-exempt reserves132-€57k
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€13k€-6k▼
Provisions and deferred taxes16-€19k
Deferred taxes168-€19k
Amounts payable17/49€79k€6k▼
Amounts payable after more than one year17€64k-
Financial debts170/4€64k-
Amounts payable within one year42/48€14k€6k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€2k€947▼
Suppliers440/4€2k€947▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€879-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Other operating charges640/8€13k€6k▼
Non-recurring operating charges66A€96€126▲
Gross operating margin9900€15k€66k▲
Operating profit (loss)9901€-7k€59k▲
Financial income75/76B€7k€134▼
Recurring financial income75€7k€134▼
Financial charges65/66B€51k€3k▼
Recurring financial charges65€51k€3k▼
Profit (loss) for the period before taxes9903€-50k€56k▲
Transfer to deferred taxes680-€19k
Income taxes67/77€1k€-378▼
Profit (loss) for the period9904€-52k€38k▲
Transfer to tax-exempt reserves689-€57k
Profit (loss) for the period to be appropriated9905€-52k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-6k▼
Profit (loss) brought forward from the previous period14P€65k€13k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | €9k | €1k | ▼ 88.5% |
| Other operating charges640/8 | €3k | €1k | €4k | €13k | €6k | ▼ 54.0% |
| Non-recurring operating charges66A | €137 | €90 | €541 | €96 | €126 | ▲ 31.3% |
| Gross operating margin9900 | €26k | €20k | €22k | €15k | €66k | ▲ 329% |
| Operating profit (loss)9901 | €15k | €11k | €9k | €-7k | €59k | ▲ 994% |
| Financial income75/76B | - | €0 | €0 | €7k | €134 | ▼ 98.2% |
| Recurring financial income75 | - | €0 | €0 | €7k | €134 | ▼ 98.2% |
| Financial charges65/66B | €2k | €2k | €2k | €51k | €3k | ▼ 94.0% |
| Recurring financial charges65 | €2k | €2k | €2k | €51k | €3k | ▼ 94.0% |
| Profit (loss) for the period before taxes9903 | €13k | €9k | €7k | €-50k | €56k | ▲ 211% |
| Transfer to deferred taxes680 | - | - | - | - | €19k | - |
| Income taxes67/77 | €209 | €591 | €4k | €1k | €-378 | ▼ 125% |
| Profit (loss) for the period9904 | €13k | €8k | €3k | €-52k | €38k | ▲ 172% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €57k | - |
| Profit (loss) for the period to be appropriated9905 | €13k | €8k | €3k | €-52k | €-19k | ▲ 63.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200k | €205k | €190k | €119k | €103k | ▼ 13.7% |
| Formation expenses20 | €269 | €99 | - | - | - | - |
| Fixed assets21/28 | €174k | €166k | €161k | €105k | €526 | ▼ 99.5% |
| Tangible fixed assets22/27 | €127k | €119k | €114k | €105k | €526 | ▼ 99.5% |
| Land and buildings22 | €127k | €119k | €112k | €104k | - | - |
| Furniture and vehicles24 | - | - | €3k | €2k | €526 | ▼ 65.5% |
| Financial fixed assets28 | €47k | €47k | €47k | €71 | - | - |
| Current assets29/58 | €26k | €38k | €29k | €14k | €102k | ▲ 651% |
| Amounts receivable within one year40/41 | €21k | €36k | €19k | €12k | €3k | ▼ 78.3% |
| Trade receivables40 | €13k | €36k | €15k | €8k | - | - |
| Other amounts receivable41 | €8k | - | €4k | €4k | €3k | ▼ 40.6% |
| Cash at bank and in hand54/58 | €3k | €444 | €10k | €1k | €99k | ▲ 6,626% |
| Deferred charges and accrued income490/1 | €2k | €2k | - | - | €31 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200k | €205k | €190k | €119k | €103k | ▼ 13.7% |
| Equity10/15 | €81k | €90k | €92k | €40k | €78k | ▲ 92.9% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €59k | ▲ 2,270% |
| Non-distributable reserves130/1 | €3k | €3k | €3k | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €3k | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €57k | - |
| Distributable reserves133 | - | - | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €54k | €62k | €65k | €13k | €-6k | ▼ 147% |
| Provisions and deferred taxes16 | - | - | - | - | €19k | - |
| Deferred taxes168 | - | - | - | - | €19k | - |
| Amounts payable17/49 | €119k | €115k | €97k | €79k | €6k | ▼ 92.8% |
| Amounts payable after more than one year17 | €90k | €81k | €71k | €64k | - | - |
| Financial debts170/4 | €90k | €81k | €71k | €64k | - | - |
| Amounts payable within one year42/48 | €28k | €34k | €26k | €14k | €6k | ▼ 59.3% |
| Current portion of amounts payable after more than one year42 | €9k | €9k | €9k | €8k | - | - |
| Trade debts44 | €2k | €2k | €2k | €2k | €947 | ▼ 49.1% |
| Suppliers440/4 | €2k | €2k | €2k | €2k | €947 | ▼ 49.1% |
| Taxes, remuneration and social security45 | €4k | €13k | €8k | €4k | - | - |
| Taxes450/3 | €4k | €10k | €5k | €4k | - | - |
| Remuneration and social security454/9 | - | €3k | €3k | - | - | - |
| Other amounts payable47/48 | €13k | €10k | €7k | - | €5k | - |
| Accrued charges and deferred income492/3 | €112 | - | - | €879 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €8k | €3k | €-52k | €38k | ▲ 172% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €9k | €1k | ▼ 88.5% |
| Operating cash flow (approximation) | €21k | €16k | €11k | €-43k | €39k | ▲ 189% |
| Investment in fixed assets (approximation) | - | €-170 | €-3k | €47k | €104k | ▲ 121% |
| Change in cash | - | €-2k | €9k | €-8k | €98k | ▲ 1,280% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Liquidity times 18current ratio 18.05
Current ratio from 0.98 to 18.05; short-term debt falls from €14k to €6k.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 116 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Verlaine · 1 establishment unit since 2018
Ground area
3,041 m²
Building footprint
434 m²
Volume, LiDAR
2,490 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Waremme(ANT) 182, 4520 Wanze
since 20182.281.075.061
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61032A0027/00F000 | Wallonia | 2,253 m² | 1 · 345 m² | 9.2 m · 2 fl. |
| 61005B0614/03B000 | Wallonia | 788 m² | 1 · 89 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,023 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
Founded15-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43212Electrical installation work in industrial facilities
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46431Wholesale of electrical household appliances and audio-video equipment
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
64210Activities of holding companies
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.