MVM-LUX

Active

Private limited companyfounded 200719 yrs activeBarrière-Hinck 6, 6680 Sainte-Ode, BelgiumKBO/BCE: BE 0887.848.027

MVM-LUX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €768k and a net result of €-159k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 1000 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2025

52 / 100

Fair▼ -34 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-8

Solvency100=

Growth32=

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €40k at 30 days acceptable

Liquidity ample (current ratio 2.06 against 12.4 in 2024), and 18.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

81.6%

Return on assets

-16.9%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 d early

2024

30 d late

2023

34 d late

2022

9 d late

2021

31 d late

2020

30 d late

2019

89 d late

← before the deadline after the deadline →

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 months

Position in the running window

05-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-159k

2024 · €14k

2021: €245k 2022: €35k 2023: €-298k 2024: €14k

2021 → 2025

Working capital

€153k▼ 61.3%

2024 · €395k

2021: €721k 2022: €610k 2023: €417k 2024: €395k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€1.32M-€1.26M▼ 4.9%€913k▼ 27.4%€916k▲ 0.4%€768k▼ 16.2%

Operating result€307k-€41k▼ 86.6%€-311k€-27k▲ 91.4%€-157k▼ 490%

Net result€245k-€35k▼ 85.6%€-298k€14k€-159k

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €157k in 2025 against €27k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €941k

68.4%

31.6%

Fixed assets €644k▼ 1.6%

Current assets €297k▼ 30.9%

Equity and liabilities €941k

81.6%

18.4%

Equity €768k▼ 16.2%

Provisions €0▼ 100%

Debt €173k▲ 160%

The debt ratio rises from 6.1% to 18.4%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-68k

Cash flow

€-70k

Solvency

81.6%▼

2024 · 84.6%

Current ratio

2.06▼

2024 · 12.40

Quick ratio

1.40▼

2024 · 10.53

Debt / equity

0.22▲

2024 · 0.07

ROE

-20.7%▼

2024 · 1.6%

ROA

-16.9%▼

2024 · 1.3%

Interest coverage

-34.94

Debt

€173k▲

2024 · €66k

Debt ≤ 1 year

€144k▲

2024 · €35k

Debt > 1 year

€29k▼

2024 · €32k

Staff costs

€25k▲

2024 · €4k

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

Total assets 20/58€1.08M€941k▼

Fixed assets 21/28€654k€644k▼

Tangible fixed assets 22/27€653k€643k▼

Financial fixed assets 28€981€981=

Current assets 29/58€430k€297k▼

Stocks & contracts in progress 3€65k€95k▲

Amounts receivable within one year 40/41€127k€71k▼

Cash & bank 54/58€238k€122k▼

Total equity & liabilities 10/49€1.08M€941k▼

Equity 10/15€916k€768k▼

Contributions / capital 10/11€12k€12k=

Reserves 13€14k€14k=

Accumulated profits (losses) 14€890k€741k▼

Provisions & deferred taxes 16€101k-

Amounts payable 17/49€66k€173k▲

Amounts payable after one year 17€32k€29k▼

Amounts payable within one year 42/48€35k€144k▲

Trade debts payable within one year 44€1k€92k▲

Income statement Code20242025

Gross operating margin 9900€9k€-30k▼

Operating result 9901€-27k€-157k▼

Financial income 75€4k€1▼

Financial charges 65€3k€2k▼

Result before taxes 9903€-27k€-159k▼

Income taxes 67/77€-41k-

Net result for the period 9904€14k€-159k▼

Result to be appropriated 9905€14k€-159k▼

Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

17-09

State Gazette act Director changes

Pierre STERCKMANS

30-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 30 days late

2024

31-12

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

03-09

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 34 days late

2023

31-12

Financial Weakest financial yearnet €-298k ▼948%

Net result drops to €-298k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity quadruplescurrent ratio 9.97

Current ratio from 2.54 to 9.97; short-term debt falls from €396k to €46k.

09-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 9 days late

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 30 days late

2020

28-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 89 days late

2019

21-08

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 21 days late

2018

20-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 20 days late

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 29 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 6 acts read

About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 directors, last change in 2025

GILISSEN Stephan

Director · since 17-09-2025

Current

SGR Finance

Director · since 17-09-2025 · Private limited company

Current

17-09-2025 GILISSEN Stephan: Appointed as Director

17-09-2025 SGR Finance: Appointed as Director

Not every act has been read: a resignation may be missing here

5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Sainte-Ode · 1 establishment unit since 2007

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.

Barrière-Hinck 66680 Sainte-Ode

1 establishment unit

MVM-LUX

Barrière-Hinck 6, 6680 Sainte-OdeWater transport

since 20072.163.665.766