MVR

Active

Private limited companyfounded 2016active for 10 yearsHeibaan 55, 2235 Hulshout, BelgiumKBO/BCE: BE 0650.623.045

Summary

MVR has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,066 and a net result of €22,842. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 95% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

MVRActiveChecked score 93/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

1 site

Size

€65,660total assets 2025

Equity: €62,066
Profit: €22,842

Turnover not published (abbreviated or micro format)

Financial health

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

2025 accounts 44 days early4 deeds in the Belgian Official Gazette

Why 93raises riskSize: total assets €65,6601 of the last 3 latelowers riskSector: Real estate activities (NACE 68)Equity €62,066 (94.5% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 88% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+26

equity 94.5% of total assets

Liquidity 67+40

short-term debt 5.5% · cash 13.9%

Profitability 100+100

return on assets 34.8%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,614 companies, NACE 68, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026highest value 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.9 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity ample (current ratio 16.86, compared with 1.89 in 2024, above the usual 1.5; short-term debt: 5.5% and cash: 13.9% of total assets), and 5.5% of the assets are financed with debt and provisions.

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 68, micro): better than 91% on solvency, 78% on liquidity, 95% on profitability and 88% 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

Six signals.

lowers riskraises riskneutral

Size: total assets €65,660

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 of the last 3 late

NBB · filings

Sector: Real estate activities (NACE 68)

KBO

Equity €62,066 (94.5% of total assets)

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €62,066

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

44 days early

2024

40 days late

2023

22 days early

2022

30 days late

2021

32 days late

2020

2 days early

2019

119 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 51 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-06-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €22,842
31-12-2025 Liquidity more than 8 timescurrent ratio 16.86

Key points

Positive: Among the best 6% on solvencysector median 29.0% · 17,042 companies 94.5% View
Total assets 20256 financial years filed €65,660 View
Active since 2016founded 21-03-2016 10 years View

By topic

Financials

Financial year: 2025
Total assets: €65,660
Profit: €22,842
Solvency: 94.5%

Total assets▼ 13.6%

Net result

20182025

Go to Financials

Timeline

Events: 15
Since: 2018
Next accounts: by 31-07-2027

09-09-2025Annual accounts filed
09-07-2024Annual accounts filed
30-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 21-03-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MVR

What is the company number of MVR?: 0650.623.045. In Belgium the VAT number is the company number with BE in front: BE 0650.623.045.
Where is MVR based?: The registered office is at Heibaan 55, 2235 Hulshout.Company details
What does MVR do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of MVR?: Private limited company (BV).
When was MVR founded?: On 21-03-2016.
Is MVR still active?: Yes, MVR is an active enterprise in the KBO register.
What is the turnover of MVR?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MVR profitable?: In financial year 2025, MVR made a profit of €22,842.
Where can I find the annual accounts of MVR?: MVR filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MVR due?: By 31-07-2027, for financial year 2026.Timeline