MVM Fresh
ActiveMVM Fresh has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.30M and a net result of €828k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 57% of 4064 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+2
Solvency57▲+17
Growth69▼-1
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.42 in 2024), and 57.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
42.2%
Return on assets
15.2%
Age of the figures
8 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
28 d late
2023
29 d late
2022
87 d late
2021
47 d late
2020
30 d late
2019
60 d late
← before the deadline
after the deadline →
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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€28.78M▼ 0.3%
2024 · €28.85M
2018: €20.18M
2019: €21.71M
2020: €26.11M
2021: €24.94M
2022: €25.34M
2023: €27.13M
2024: €28.85M
2018 → 2025
EBIT margin
3.6%▲ 0.9pp
2024 · 2.7%
2018: 2.9%
2019: 2.4%
2020: 3.6%
2021: 4.1%
2022: 1.6%
2023: 4.0%
2024: 2.7%
2018 → 2025
Net result
€828k▲ 24.0%
2024 · €667k
2018: €401k
2019: €275k
2020: €610k
2021: €705k
2022: €312k
2023: €875k
2024: €667k
2018 → 2025
Working capital
€-907k▲ 64.1%
2024 · €-2.52M
2018: €-1.00M
2019: €-2.01M
2020: €-795k
2021: €-1.26M
2022: €-168k
2023: €-3.30M
2024: €-2.52M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€24.94M-€25.34M▲ 1.6%€27.13M▲ 7.1%€28.85M▲ 6.4%€28.78M▼ 0.3%
Equity€3.51M-€3.83M▲ 8.9%€3.00M▼ 21.5%€2.27M▼ 24.4%€2.30M▲ 1.2%
Operating result€1.02M-€415k▼ 59.2%€1.10M▲ 164%€776k▼ 29.2%€1.03M▲ 32.9%
Net result€705k-€312k▼ 55.7%€875k▲ 181%€667k▼ 23.8%€828k▲ 24.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.45M
Fixed assets
€3.44M▼ 32.7%
Current assets
€2.01M▲ 8.9%
Equity and liabilities €5.45M
Equity
€2.30M▲ 1.2%
Debt
€3.15M▼ 32.8%
The debt ratio falls from 67.4% to 57.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.98M▲
2024 · €1.70M
Cash flow
€1.77M▲
2024 · €1.59M
Solvency
42.2%▲
2024 · 32.6%
Current ratio
0.69▲
2024 · 0.42
Quick ratio
0.28▲
2024 · 0.16
Debt / equity
1.37▼
2024 · 2.07
ROE
36.0%▲
2024 · 29.4%
ROA
15.2%▲
2024 · 9.6%
Debt
€3.15M▼
2024 · €4.69M
Debt ≤ 1 year
€2.91M▼
2024 · €4.36M
Income taxes
€281k▲
2024 · €231k
Staff costs
€1.45M▲
2024 · €1.37M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.96M€5.45M▼
Fixed assets21/28€5.12M€3.44M▼
Intangible fixed assets21€300k€0▼
Tangible fixed assets22/27€3.04M€2.76M▼
Land and buildings22€1.94M€1.82M▼
Plant, machinery and equipment23€958k€839k▼
Furniture and vehicles24€140k€100k▼
Financial fixed assets28€1.78M€681k▼
Affiliated companies280/1€1.77M€681k▼
Amounts receivable281€1.77M€681k▼
Other financial fixed assets284/8€12k€692▼
Amounts receivable and cash guarantees285/8€12k€692▼
Current assets29/58€1.84M€2.01M▲
Amounts receivable after more than one year29€47k€0▼
Other amounts receivable291€47k€0▼
Stocks and contracts in progress3€1.14M€1.20M▲
Stocks30/36€1.14M€1.20M▲
Goods purchased for resale34€1.14M€1.20M▲
Amounts receivable within one year40/41€358k€374k▲
Trade receivables40€285k€300k▲
Other amounts receivable41€73k€74k▲
Cash at bank and in hand54/58€278k€397k▲
Deferred charges and accrued income490/1€16k€34k▲
Equity and liabilities
Total equity and liabilities10/49€6.96M€5.45M▼
Equity10/15€2.27M€2.30M▲
Contributions10/11€2.00M€2.00M=
Capital10€2.00M€2.00M=
Issued capital100€2.00M€2.00M=
Reserves13€270k€297k▲
Non-distributable reserves130/1€172k€200k▲
Legal reserve130€172k€200k▲
Distributable reserves133€97k€97k▼
Amounts payable17/49€4.69M€3.15M▼
Amounts payable within one year42/48€4.36M€2.91M▼
Trade debts44€2.66M€1.82M▼
Suppliers440/4€2.66M€1.82M▼
Taxes, remuneration and social security45€297k€291k▼
Taxes450/3€96k€96k▼
Remuneration and social security454/9€200k€195k▼
Other amounts payable47/48€1.41M€804k▼
Accrued charges and deferred income492/3€326k€240k▼
Income statement
Code20242025
Operating income70/76A€30.03M€30.15M▲
Turnover70€28.85M€28.78M▼
Other operating income74€1.18M€1.37M▲
Operating charges60/66A€29.25M€29.12M▼
Goods for resale, raw materials and consumables60€24.45M€24.00M▼
Purchases600/8€24.42M€24.06M▼
Change in stocks: decrease (increase)609€36k€-58k▼
Services and other goods61€2.47M€2.69M▲
Remuneration, social security and pensions62€1.37M€1.45M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€927k€944k▲
Other operating charges640/8€38k€35k▼
Non-recurring operating charges66A€0-
Operating profit (loss)9901€776k€1.03M▲
Financial income75/76B€165k€121k▼
Recurring financial income75€165k€121k▼
Income from current assets751€163k€119k▼
Other financial income752/9€2k€2k▲
Financial charges65/66B€43k€44k▲
Recurring financial charges65€43k€44k▲
Debt charges650€85€0▼
Other financial charges652/9€43k€44k▲
Profit (loss) for the period before taxes9903€898k€1.11M▲
Income taxes67/77€231k€281k▲
Taxes670/3€231k€281k▲
Profit (loss) for the period9904€667k€828k▲
Profit (loss) for the period to be appropriated9905€667k€828k▲
Appropriation of the result
Profit (loss) to be appropriated9906€667k€828k▲
Transfer from equity791/2€766k€124▼
From reserves792€766k€124▼
Transfer to equity691/2€33k€28k▼
To the legal reserve6920€33k€28k▼
Profit to be distributed694/7€1.40M€800k▼
Return on contributions (dividend)694€1.40M€800k▼
Social balance
Average headcount (FTE)908735.237.1▲
The notes to these accounts (91 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €875k ▲181%
Operating result €1.10M, net result €875k, both a record.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 87 days late
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 47 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
31-12
Financial
Weakest financial yearnet €275k ▼31.4%
Net result drops to €275k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2MEq €2.20M ▲14.3%
2 profitable years in a row build equity to €2.20M.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (22340309). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
MISEREZ Olivier
CurrentDirector · since 21-06-2022
MISEREZ Philip
CurrentDirector · since 21-06-2022
MISEREZ Valerie
CurrentDirector · since 21-06-2022
OMIVA
CurrentDirector · since 21-06-2022 · Legal entity · perm. rep.: DE L’AUVRE Caroline
VAN DE SOMPEL Joren
CurrentDirector · since 21-06-2022
21-06-2022
MISEREZ Olivier: Appointed as Director
21-06-2022
MISEREZ Philip: Appointed as Director
21-06-2022
MISEREZ Valerie: Appointed as Director
21-06-2022
OMIVA: Appointed as Director
21-06-2022
VAN DE SOMPEL Joren: Appointed as Director
Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Astridlaan(Ove) 729500 GeraardsbergenGround area
7,191 m²
Building footprint
2,884 m²
Volume, LiDAR
16,662 m³
Parcel 41043A0164/00Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MVM Fresh
since 20152.248.390.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41043A0164/00Z000 | Flanders | 7,191 m² | 1 · 2,884 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SHAMMAN
BE 0899.539.891
Tournai · Eq €2.29M
SMABIM
BE 0881.388.718
Seraing · Eq €2.31M
Market E5 CBRA
BE 0627.808.645
Zaventem · Eq €2.32M
OUDENBURGSE SUPERMARKT
BE 0431.985.045
Oudenburg · Eq €2.33M
Nachtergaele S.
BE 0431.563.985
Kruisem · Eq €2.34M
Of 10,397 companies in sector 47110 we hold annual accounts for 5,782. 1,378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
47120Other non-specialised retail sale
47192Retail trade
46170Agents in the wholesale of food, beverages and tobacco
46389Wholesale of other food products
46499Wholesale of other household goods
47112Retail trade
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.