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MVMC IMMO

Active
Private limited companyfounded 20197 yrs activeRue Frumhy 34, 4671 Blégny, BelgiumKBO/BCE: BE 0727.940.161
Summary

MVMC IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €191,449 and a net result of €9,966. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 77% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability73=
Solvency93▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 2.34 in 2023; short-term debt: 6.9% and cash: 14.1% of total assets), and 31.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
32 d early
2024
24 d early
2023
21 d late
2022
11 d late
2021
48 d early
2020
61 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 7 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

MVMC IMMO was incorporated on 11 June 2019 as a Private limited company.1 Total assets fell from EUR 347,620 in 2020 to EUR 280,354 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,966▼ 1.3%
2023 · €10,100
Working capital
€20,353▼ 52.9%
2023 · €43,189
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€19,440-€13,712€15,573▲ 13.6%€14,798▼ 5.0%€14,797=
Net result-€21,637below the sector's middle half-€12,049within the sector's middle half€12,970within the sector's middle half▲ 7.6%€10,100within the sector's middle half▼ 22.1%€9,966within the sector's middle half▼ 1.3%
Equity€188,363within the sector's middle half-€200,412within the sector's middle half▲ 6.4%€213,383within the sector's middle half▲ 6.5%€211,482within the sector's middle half▼ 0.9%€191,449within the sector's middle half▼ 9.5%
Total assets€347,620within the sector's middle half-€345,175below the sector's middle half▼ 0.7%€338,660within the sector's middle half▼ 1.9%€331,419within the sector's middle half▼ 2.1%€280,354within the sector's middle half▼ 15.4%
Debt€159,257-€144,762▼ 9.1%€125,277▼ 13.5%€119,936▼ 4.3%€88,905▼ 25.9%
Working capital€26,814within the sector's middle half-€39,789within the sector's middle half▲ 48.4%€47,512within the sector's middle half▲ 19.4%€43,189within the sector's middle half▼ 9.1%€20,353within the sector's middle half▼ 52.9%
Solvency54.2%within the sector's middle half-58.1%within the sector's middle half▲ 3.9pp63.0%within the sector's middle half▲ 4.9pp63.8%within the sector's middle half▲ 0.8pp68.3%above the sector's middle half▲ 4.5pp
Current ratio2.47within the sector's middle half-3.17within the sector's middle half▲ 0.703.42above the sector's middle half▲ 0.252.34within the sector's middle half▼ 1.082.05within the sector's middle half▼ 0.29
Return on assets (ROA)-6.2%below the sector's middle half-3.5%within the sector's middle half▲ 9.7pp3.8%within the sector's middle half▲ 0.3pp3.0%within the sector's middle half▼ 0.8pp3.6%within the sector's middle half▲ 0.5pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000€20,000Operating result 2020: -€19,440-€19,440Net result 2020: -€21,637-€21,637Operating result 2021: €13,712€13,712Net result 2021: €12,049€12,049Operating result 2022: €15,573€15,573Net result 2022: €12,970€12,970Operating result 2023: €14,798€14,798Net result 2023: €10,100€10,100Operating result 2024: €14,797€14,797Net result 2024: €9,966€9,96620202021202220232024€0€5,000€10,000€15,000Operating result 2022: €15,573€15,600Net result 2022: €12,970€13,000Operating result 2023: €14,798€14,800Net result 2023: €10,100€10,100Operating result 2024: €14,797€14,800Net result 2024: €9,966€9,970202220232024
The operating result has fallen two years in a row; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €280,354
Fixed assets €240,677 ▼ 6.0%
Current assets €39,676 ▼ 47.4%
Equity and liabilities €280,354
Equity €191,449 ▼ 9.5%
Debt €88,905 ▼ 25.9%
Debt's share of the balance-sheet total falls from 36.2% to 31.7%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30,121▼
2023 · €30,324
Cash flow
€25,290▼
2023 · €25,625
Debt to equity
0.46▼
2023 · 0.57
ROE
5.2%▲
2023 · 4.8%
Interest coverage
21.73▼
2023 · 24.52
Debt ≤ 1 year
€19,323▼
2023 · €32,229
Debt > 1 year
€69,582▼
2023 · €87,708
Income taxes
€3,444▼
2023 · €3,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 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% 1.9%
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 5,048 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€331,419€280,354▼
Fixed assets21/28€256,001€240,677▼
Tangible fixed assets22/27€256,001€240,677▼
Land and buildings22€256,001€240,677▼
Current assets29/58€75,417€39,676▼
Amounts receivable within one year40/41€38€96▲
Other amounts receivable41€38€96▲
Cash at bank and in hand54/58€75,379€39,580▼
Equity and liabilities
Total equity and liabilities10/49€331,419€280,354▼
Equity10/15€211,482€191,449▼
Contributions10/11€210,000€180,000▼
Profit (loss) carried forward14€1,482€11,449▲
Amounts payable17/49€119,936€88,905▼
Amounts payable after more than one year17€87,708€69,582▼
Financial debts170/4€87,708€69,582▼
Amounts payable within one year42/48€32,229€19,323▼
Current portion of amounts payable after more than one year42€17,949€18,126▲
Trade debts44€436€384▼
Suppliers440/4€436€384▼
Taxes, remuneration and social security45€1,844€813▼
Taxes450/3€1,844€813▼
Other amounts payable47/48€12,000-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,526€15,324▼
Other operating charges640/8€5,423€4,473▼
Gross operating margin9900€35,747€34,593▼
Operating profit (loss)9901€14,798€14,797=
Financial charges65/66B€1,237€1,386▲
Recurring financial charges65€1,237€1,386▲
Profit (loss) for the period before taxes9903€13,562€13,411▼
Income taxes67/77€3,462€3,444▼
Profit (loss) for the period9904€10,100€9,966▼
Profit (loss) for the period to be appropriated9905€10,100€9,966▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,482€11,449▼
Profit (loss) brought forward from the previous period14P€3,383€1,482▼
Profit to be distributed694/7€12,000-
Return on contributions (dividend)694€12,000-

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

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52,052€15,526€15,526€15,526€15,324▼ 1.3%
Other operating charges640/8-€4,177€3,922€5,423€4,473▼ 17.5%
Gross operating margin9900€38,900€33,414€35,021€35,747€34,593▼ 3.2%
Operating profit (loss)9901-€19,440€13,712€15,573€14,798€14,797=
Financial income75/76B--€1---
Recurring financial income75€125-€1---
Financial charges65/66B-€1,663€1,476€1,237€1,386▲ 12.1%
Recurring financial charges65€2,322€1,663€1,476€1,237€1,386▲ 12.1%
Profit (loss) for the period before taxes9903-€21,637€12,049€14,098€13,562€13,411▼ 1.1%
Income taxes67/77--€1,128€3,462€3,444▼ 0.5%
Profit (loss) for the period9904-€21,637€12,049€12,970€10,100€9,966▼ 1.3%
Profit (loss) for the period to be appropriated9905-€21,637€12,049€12,970€10,100€9,966▼ 1.3%
Line20202021202220232024Change
Assets
Total assets20/58€347,620€345,175€338,660€331,419€280,354▼ 15.4%
Fixed assets21/28€302,578€287,053€271,527€256,001€240,677▼ 6.0%
Tangible fixed assets22/27€302,578€287,053€271,527€256,001€240,677▼ 6.0%
Land and buildings22-€287,053€271,527€256,001€240,677▼ 6.0%
Current assets29/58€45,042€58,122€67,133€75,417€39,676▼ 47.4%
Amounts receivable within one year40/41---€38€96▲ 151%
Other amounts receivable41---€38€96▲ 151%
Cash at bank and in hand54/58€45,042€57,122€67,133€75,379€39,580▼ 47.5%
Deferred charges and accrued income490/1-€1,000----
Equity and liabilities
Total equity and liabilities10/49€347,620€345,175€338,660€331,419€280,354▼ 15.4%
Equity10/15€188,363€200,412€213,383€211,482€191,449▼ 9.5%
Contributions10/11-€210,000€210,000€210,000€180,000▼ 14.3%
Profit (loss) carried forward14-€21,637-€9,588€3,383€1,482€11,449▲ 672%
Amounts payable17/49€159,257€144,762€125,277€119,936€88,905▼ 25.9%
Amounts payable after more than one year17€141,029€123,429€105,656€87,708€69,582▼ 20.7%
Financial debts170/4-€123,429€105,656€87,708€69,582▼ 20.7%
Amounts payable within one year42/48€18,228€18,333€19,621€32,229€19,323▼ 40.0%
Current portion of amounts payable after more than one year42-€17,599€17,773€17,949€18,126▲ 1.0%
Trade debts44€45€17-€436€384▼ 11.8%
Suppliers440/4-€17-€436€384▼ 11.8%
Taxes, remuneration and social security45-€716€1,848€1,844€813▼ 55.9%
Taxes450/3-€716€1,848€1,844€813▼ 55.9%
Other amounts payable47/48---€12,000--
Accrued charges and deferred income492/3-€3,000----
Line20202021202220232024Change
Profit (loss) for the period9904-€21,637€12,049€12,970€10,100€9,966▼ 1.3%
+ Depreciation and write-downs630€52,052€15,526€15,526€15,526€15,324▼ 1.3%
Operating cash flow (approximation)€30,415€27,574€28,496€25,625€25,290▼ 1.3%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€12,080€10,011€8,246-€35,799▼ 534%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
11-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial Highest result since 2020net €12,970 ▲7.6%
Operating result €15,573, net result €12,970, both a record.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €12,049
Net result €12,049 after one loss-making year.
31-12
Financial Equity above €200,000Eq €200,412 ▲6.4%
Equity rises from €188,363 to €200,412.
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Blégny · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,026 m²
Building footprint
677 m²
Parcel 62010F0040/00C002, Wallonia. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Rue Frumhy 34, 4671 Blégny
Real estate activities
since 20192.290.042.811
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62010F0040/00C002 Wallonia 2,026 m² 1 · 677 m² -
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.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,041 companies in sector 68203 we hold annual accounts for 6,005. 4,246 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
Founded11-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0727940161
Also 9925:BE0727940161
Registered 27-11-2025

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

Register as of 29 September 2026 · Peppol Directory

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