MVMW
ActiveMVMW has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325k and a net result of €-14k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 5.51 against 4.96 in 2024), and 27.2% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
16 d late
2023
26 d late
2022
11 d early
2021
28 d early
2020
3 d early
2019
2 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-14k
2024 · €87k
2019: €4k
2020: €29k
2021: €83k
2022: €55k
2023: €97k
2024: €87k
2019 → 2025
Working capital
€350k▼ 6.6%
2024 · €375k
2019: €327k
2020: €338k
2021: €287k
2022: €368k
2023: €-45k
2024: €375k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€504k-€559k▲ 11.0%€253k▼ 54.8%€340k▲ 34.2%€325k▼ 4.1%
Operating result€139k-€126k▼ 9.3%€155k▲ 22.7%€92k▼ 40.7%€-33k
Net result€83k-€55k▼ 33.0%€97k▲ 75.7%€87k▼ 11.0%€-14k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €33k after €92k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447k
Fixed assets
€19k▲ 1,069%
Current assets
€428k▼ 8.9%
Equity and liabilities €447k
Equity
€325k▼ 4.1%
Provisions
€37k=
Debt
€84k▼ 11.2%
The debt ratio falls from 20.1% to 18.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-32k▼
2024 · €92k
Cash flow
€-13k▼
2024 · €87k
Solvency
72.8%▲
2024 · 72.0%
Current ratio
5.51▲
2024 · 4.96
Quick ratio
5.51▲
2024 · 4.96
Debt / equity
0.26▼
2024 · 0.28
ROE
-4.3%▼
2024 · 25.5%
ROA
-3.1%▼
2024 · 18.4%
Interest coverage
-7.96▼
2024 · 10.07
Debt
€84k▼
2024 · €95k
Debt ≤ 1 year
€78k▼
2024 · €95k
Debt > 1 year
€6k
Income taxes
€3k▼
2024 · €27k
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€472k€447k▼
Fixed assets21/28€2k€19k▲
Tangible fixed assets22/27€2k€19k▲
Furniture and vehicles24€2k€0▼
Leasing and similar rights25-€9k
Other tangible fixed assets26-€10k
Financial fixed assets28€120€120=
Current assets29/58€470k€428k▼
Amounts receivable within one year40/41€462k€382k▼
Trade receivables40€33k€34k▲
Other amounts receivable41€429k€348k▼
Cash at bank and in hand54/58€8k€41k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€472k€447k▼
Equity10/15€340k€325k▼
Contributions10/11€5k€5k=
Reserves13€262k€262k=
Non-distributable reserves130/1€518€518=
Reserves not available under the articles1311€518€518=
Tax-exempt reserves132€113k€113k=
Distributable reserves133€149k€149k=
Profit (loss) carried forward14€72k€58k▼
Provisions and deferred taxes16€37k€37k=
Deferred taxes168€37k€37k=
Amounts payable17/49€95k€84k▼
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€95k€78k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€33k€337▼
Suppliers440/4€33k€337▼
Taxes, remuneration and social security45€51k€13k▼
Taxes450/3€38k€13k▼
Remuneration and social security454/9€13k€120▼
Other amounts payable47/48€11k€62k▲
Income statement
Code20242025
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€310€640▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€101k€-25k▼
Operating profit (loss)9901€92k€-33k▼
Financial income75/76B€31k€25k▼
Recurring financial income75€31k€25k▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€9k€4k▼
Profit (loss) for the period before taxes9903€114k€-11k▼
Income taxes67/77€27k€3k▼
Profit (loss) for the period9904€87k€-14k▼
Profit (loss) for the period to be appropriated9905€87k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€58k▼
Profit (loss) brought forward from the previous period14P€-14k€72k▲
The notes to these accounts (12 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-14k ▼116%
Net result drops to €-14k, the lowest in the series.
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
31-12
Financial
Liquidity times 8current ratio 4.96
Current ratio from 0.61 to 4.96; short-term debt falls from €116k to €95k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2019net €97k ▲75.7%
Operating result €155k, net result €97k, both a record.
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €500kEq €504k ▲19.6%
3 profitable years in a row build equity to €504k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 89 days late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 2 establishment units since 2000
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.
Franklin Rooseveltlaan 1231050 BrusselGround area
1.0 ha
Building footprint
1,730 m²
Volume, LiDAR
44,706 m³
3 parcels, Brussels · tallest building 36.2 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
A2M
since 20002.182.674.895
A2M
since 20122.211.964.640
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0264/00E000 | Brussels | 8,467 m² | 1 · 905 m² | 36.2 m · 10 fl. |
| 21443C0059/00B002 | Brussels | 1,470 m² | 1 · 697 m² | 24.8 m · 7 fl. |
| 21443C0037/00F002 | Brussels | 157 m² | 1 · 128 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
NICOLAS CREPIN, ARCHITECTE
BE 0824.020.047
Mons · Eq €325k
BOONEN MICHIELSENS CONSULTANTS
BE 0898.164.966
Antwerpen · Eq €325k
KATROL Architecten
BE 0894.972.478
Antwerpen · Eq €326k
Heremans Manshoven Architecten
BE 0822.252.568
Heist-op-den-Berg · Eq €325k
TSAR CONSULTING
BE 0466.106.279
Brussel · Eq €325k
Of 18,208 companies in sector 71111 we hold annual accounts for 6,291. 4,589 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2000
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
74201Photography, excluding press photography
58130Publishing activities
58140Publishing activities
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
71112Activities of interior architects
71113Urban planning and landscape architecture
74300Other professional, scientific and technical activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@A2M.be
Phone:02/6405181