MVM SYSTEMS
ActiveSummary
MVM SYSTEMS has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,891 and a net result of €1,838. Equity is growing by about 4.8% per year across the filed financial years. Its solvency ranks better than 80% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
- Equity
- €158,891
- Profit
- €1,838
Why 81raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: total assets €212,091Liquidity: current ratio 2.81, cash €2,537, halvedlowers riskFounded in 2015Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 79% on solvency, 31% on liquidity, 38% on profitability and 40% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €1,838
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 158% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 74.5% 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 10,905 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,664 | €6,129 | €6,129 | €6,050 | €10,183 | €11,924 | €11,784 | €11,596 | ▼ 1.6% |
| Other operating charges640/8 | - | - | - | €834 | €932 | €796 | €583 | €886 | ▲ 52.2% |
| Gross operating margin9900 | €63,782 | €24,267 | €16,369 | €30,554 | €26,550 | €18,569 | €13,776 | €16,119 | ▲ 17.0% |
| Operating profit (loss)9901 | €53,428 | €17,423 | €9,463 | €23,670 | €15,435 | €5,849 | €1,409 | €3,637 | ▲ 158% |
| Financial income75/76B | - | - | - | €315 | €0 | - | €14 | €181 | ▲ 13× |
| Recurring financial income75 | €14 | €13 | €26 | €315 | €0 | - | €14 | €181 | ▲ 13× |
| Financial charges65/66B | - | - | - | €1,519 | €1,944 | €5,006 | €1,637 | €1,270 | ▼ 22.4% |
| Recurring financial charges65 | €905 | €1,180 | €1,094 | €1,519 | €1,944 | €5,006 | €1,637 | €1,270 | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | €52,536 | €16,256 | €8,395 | €22,467 | €13,492 | €842 | -€214 | €2,548 | - |
| Income taxes67/77 | €10,963 | €3,092 | €1,812 | €4,499 | €2,607 | €161 | €1 | €710 | ▲ 602× |
| Profit (loss) for the period9904 | €41,573 | €13,164 | €6,583 | €17,967 | €10,885 | €682 | -€215 | €1,838 | - |
| Profit (loss) for the period to be appropriated9905 | €41,573 | €13,164 | €6,583 | €17,967 | €10,885 | €682 | -€215 | €1,838 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €159,588 | €205,633 | €199,817 | €204,703 | €233,441 | €268,132 | €217,959 | €212,091 | ▼ 2.7% |
| Fixed assets21/28 | €14,483 | €17,721 | €11,592 | €64,103 | €68,886 | €77,530 | €65,746 | €62,364 | ▼ 5.1% |
| Intangible fixed assets21 | €7,938 | €12,904 | €8,502 | €4,101 | €6,288 | €4,584 | €3,153 | €1,767 | ▼ 44.0% |
| Tangible fixed assets22/27 | €6,545 | €4,817 | €3,089 | €60,002 | €62,598 | €72,945 | €62,593 | €60,598 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €6,696 | €5,049 | €5,211 | €2,970 | €2,507 | ▼ 15.6% |
| Furniture and vehicles24 | - | - | - | - | - | - | - | €23 | - |
| Other tangible fixed assets26 | - | - | - | €53,305 | €57,549 | €67,735 | €59,623 | €58,067 | ▼ 2.6% |
| Current assets29/58 | €145,106 | €187,912 | €188,226 | €140,600 | €164,555 | €190,602 | €152,214 | €149,727 | ▼ 1.6% |
| Stocks and contracts in progress3 | €39,305 | €45,063 | €52,097 | €59,266 | €84,960 | €85,581 | €82,630 | €66,933 | ▼ 19.0% |
| Stocks30/36 | - | - | - | €59,266 | €84,960 | €85,581 | €82,630 | €66,933 | ▼ 19.0% |
| Amounts receivable within one year40/41 | €64,676 | €71,142 | €88,712 | €72,221 | €51,096 | €85,333 | €62,526 | €76,743 | ▲ 22.7% |
| Trade receivables40 | - | - | - | €66,339 | €43,696 | €74,184 | €52,526 | €67,453 | ▲ 28.4% |
| Other amounts receivable41 | - | - | - | €5,881 | €7,400 | €11,150 | €10,000 | €9,290 | ▼ 7.1% |
| Cash at bank and in hand54/58 | €41,125 | €71,708 | €47,014 | €9,113 | €28,499 | €19,687 | €7,058 | €2,537 | ▼ 64.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €3,513 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €159,588 | €205,633 | €199,817 | €204,703 | €233,441 | €268,132 | €217,959 | €212,091 | ▼ 2.7% |
| Equity10/15 | €107,987 | €121,151 | €127,734 | €145,701 | €156,586 | €157,268 | €157,053 | €158,891 | ▲ 1.2% |
| Contributions10/11 | €8,000 | €8,000 | - | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Reserves13 | €99,987 | €113,151 | €119,734 | €137,701 | €148,586 | €149,268 | €149,053 | €150,891 | ▲ 1.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €135,841 | €146,726 | €149,268 | €149,053 | €150,891 | ▲ 1.2% |
| Amounts payable17/49 | €51,601 | €84,482 | €72,084 | €59,001 | €76,855 | €110,864 | €60,907 | €53,200 | ▼ 12.7% |
| Amounts payable after more than one year17 | €2,592 | €5,997 | €1,782 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €49,009 | €78,485 | €70,302 | €59,001 | €76,855 | €110,864 | €60,907 | €53,200 | ▼ 12.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,782 | €0 | - | - | - | - |
| Financial debts43 | - | - | - | - | - | €20,000 | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €20,000 | €0 | - | - |
| Trade debts44 | €26,753 | €39,144 | €29,446 | €39,599 | €11,688 | €39,413 | €8,513 | €16,563 | ▲ 94.6% |
| Suppliers440/4 | - | - | - | €39,599 | €11,688 | €39,413 | €8,513 | €16,563 | ▲ 94.6% |
| Taxes, remuneration and social security45 | - | - | - | €5,696 | €16,541 | €832 | €1,702 | €5,435 | ▲ 219% |
| Taxes450/3 | - | - | - | €107 | €12,326 | €832 | €1,702 | €5,435 | ▲ 219% |
| Remuneration and social security454/9 | - | - | - | €5,589 | €4,215 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €11,925 | €48,626 | €50,619 | €50,692 | €31,202 | ▼ 38.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,573 | €13,164 | €6,583 | €17,967 | €10,885 | €682 | -€215 | €1,838 | - |
| + Depreciation and write-downs630 | €9,664 | €6,129 | €6,129 | €6,050 | €10,183 | €11,924 | €11,784 | €11,596 | ▼ 1.6% |
| Operating cash flow (approximation) | €51,237 | €19,293 | €12,712 | €24,018 | €21,068 | €12,606 | €11,569 | €13,434 | ▲ 16.1% |
| Investment in fixed assets (approximation) | - | -€9,367 | €0 | -€58,561 | -€14,967 | -€20,568 | €0 | -€8,215 | - |
| Change in cash | - | €30,582 | -€24,694 | -€37,901 | €19,386 | -€8,812 | -€12,630 | -€4,520 | ▲ 64.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00175616 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00247556 |
| 31-12-2023 | micro format | 30-06-2024 | 2024-00183917 |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00289369 |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20179004 |
| 31-12-2020 | micro format | 26-07-2021 | 2021-40500241 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50600500 |
| 31-12-2018 | micro format | 03-07-2019 | 2019-30200001 |
| 31-12-2017 | micro format | 11-07-2018 | 2018-32800414 |
| 31-12-2016 | abbreviated format | 14-08-2017 | 2017-43800490 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
28-12
Gazette deed
Resignation: VAN MOSSEVELDE Jurgen (manager)Appointment: VAN MOSSEVELDE Jurgen (niet statutair bestuurder) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 20-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen en middelen beschikbaar maken voor uitkering, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel39,§2,tweede lid,wet…” (deed in Dutch)
- Capital
- Director resignation, VAN MOSSEVELDE Jurgen (manager)
- Director appointment, VAN MOSSEVELDE Jurgen (niet statutair bestuurder)
- Director discharge, VAN MOSSEVELDE Jurgen
- Registered office clause, “9451 Haaltert, Kerkweg 4” (deed in Dutch)
- Other provision, “een na een, alle voorgaande beslissingen” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41033B0414/00F000 | Flanders | 2,387 m² | 1 · 113 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De vervaardiging van metalen constructiewerken en delen ervan; De bewerking van metalen,vervaardiging van elektrische…” (deed in Dutch)
29 activities (deed in Dutch)
- De vervaardiging van metalen constructiewerken en delen ervan;
- De bewerking van metalen,vervaardiging van elektrische apparatuur,tandwielen,lagers en andere drijfwerkelementen.
- De vervaardiging van hijs-,hef- en transportwerktuigen,machines en apparaten voor algemeen gebruik.
- De vervaardiging van machines voor metaalbewerking.
- De vervaardiging van machines en werktuigen voor de landbouw en de bosbouw.
- De vervaardiging van gereedschapswerktuigen.
- De vervaardiging van elektrische en elektronische benodigdheden voor motorvoertuigen.
- De reparatie van machines,alsook het onderhoud ervan.
- Het algemeen onderhoud en reparatie van motorvoertuigen.
- De reparatie en montage van specifieke auto-onderdelen.
- De handelsbemiddeling en handel in onderdelen en accessoires voor motorvoertuigen.
- De handelsbemiddeling in machines,apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen.
- De handel in computers,randapparatuur,software,telecommunicatieapparatuur.
- De ontwikkeling en uitgeverij van software.
- Het uitvoeren van computerconsultancy faciliteiten.
- Het uitvoeren van technische testen en toetsen.
- De activiteiten van industriële designers.
- De verhuur van machines,apparatuur en handgereedschap voor doe-het-zelvers.
- De verhuur en lease van medisch en paramedisch materieel,landbouwmachines en werktuigen.
- De verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw.
- De activiteiten van studie,opleiding,organisatie-dienstverlening en raadgevend bureau inzake automatisering op alle niveaus,systeemanalyse en ontwerp,softwareanalyse en ontwerp,softwareontwikkeling,implementatie en onderhoud van softwarepersoneel,het publiceren van artikel omtrent hardware en software;
- De aankoop en verkoop,import en export,verhuur en leasing,reparatie,onderhoud en installatie van computerhardware en software en alle randapparatuur en toebehoren daarmee gepaard gaande,alsmede het onderhoud daarvan;
- Het analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief systemen van automatische data-identificatie:ontwikkeling,productie,levering van en samenstelling van documentatie over standaard-of speciale programmatuur,alsook het verlenen van advies en bijstand verlenen bij de toepassing van software programma’s;
- Het uitoefenen van een computeradviesbureau,het verlenen van advies over soorten computers(hardware)en hun configuratie en toepassing van bijhorende programmatuur(software);
- De uitbating van online blog-sites en websites allerhande.
- Het verlenen van diensten en adviezen met betrekking tot het bedrijfsbeheer,bedrijfseconomie en bedrijfstechnische aangelegenheden,de administratie van ondernemingen en alles wat daarmee rechtstreeks of onrechtstreeks verband houdt;
- Het beheer en de uitbreiding van een patrimonium bestaande uit roerende onroerende goederen zonder enige beperking alsmede alle handelingen die daar rechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen,zoals daar zijn:de aankoop,de ruiling,de verhuring,het onderhoud de verfraaiing,alle handelingen in verband met de verwerving of de overdracht en terbeschikkingstelling van alle roerende en onroerende goederen;
- De vennootschap zal,teneinde haar vennootschappelijk vermogen te beheren en te rentabiliseren,mogen overgaan tot beleggen in en beheren van zowel roerende als onroerende goederen welke de vennootschap bezit of in de toekomst zal verwerven en dit uiteraard beperkt tot louter patrimoniaal beheer en zonder daarbij commerciële activiteiten te willen verrichten;zij mag hiertoe alle gebruikelijke juridische handelingen stellen;
- De vennootschap kan haar diensten verlenen onder welke vorm ook,aan alle personen,zowel rechtspersonen als natuurlijke personen,en kan elke hiertoe strekkende transactie of financiële verrichting doen en zich borg stellen ten overstaan van derden met het oog op verhandelingen voor deze derden.
- Name clauseThe name the company operates under according to its articles.
- MVM SYSTEMS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen al dan niet aandeelhouder, 1” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of June at 20:00