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MVR1

Active Private limited companyfounded 2020active for 6 yearsErtbruggestraat 71, 2110 WijnegemKBO/BCE: BE 0757.760.139

Lifetime

4 annual accounts with figures on one time axis
peak €2.3m (2022)
€1.7m▲ 9.0%
peak €416,655 (2023)
€361,802▲ 47.5%
peak €1.2m (2024)
€800,000▼ 34.0%
€2.7m▲ 8.0%
peak 24.1 FTE (2023)
23.1 FTE▼ 2.9%
Board1 name since 2020
1 director
Documentsfilings and deeds
19-12-2025132 days before the deadline
2025abbreviated format
Result from €245,274 to €361,802Dividend €774,615Equity from €1.2m to €800,000Cash from €511,436 to €671,952

Key points

from the 2025 annual accounts

Equity

€800,000 ▼ 34.0%
1.22024+0.4Profit-0.8Dividend0.82025

MVR1 paid out €774,615 in dividends. That is 214% of the 2025 profit.

Result

€361,802 ▲ 47.5%
€245,0002024€362,0002025

The result rose in 2025 from €245,274 to €361,802.

Debts

€2.7m 77% of the balance sheet
Financial debts 23%Suppliers 28%Taxes and wages 9%Other 40%

Of this, €2.1m falls due within a year.

Securities

€2.0m

Pledge on the business, new in 2025. 2.4 times equity · not in the 2024 accounts.

Staff

23 employees on 30-09-2025
61322022141520231719202410132025

In 2025, 10 people joined and 13 left.

Position in the sector

€361,802

Higher net result than 95% of companies in retail trade. Sector median €27,404 · 12,850 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,684 companies had the same profile as MVR1 has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,684 companies, not a prediction for MVR1. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 03-11-2020
  • 100 sharesdeed of 05-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0757760139
Incorporation Founding capital of €200,000, 100 shares · Founder: · Appointment: (director) · published on 05-11-2020 · Gazette deed
2 establishments registered Wijnegem and Antwerp
All 10 events

Comparable companies

same main activity, similar in size and age
Company
MVR1 Wijnegem €3.5m €1.7m 22.6% 23.1
PINDAKAAS Ingelmunster €3.0m €1.4m 21.7% 23
LVL Vosselaar Turnhout €2.4m €1.8m 3.0% 23.2
De Blauwe Leeuw Lille €2.2m €1.3m 3.9% 23.8
Het Blauwe Fort Lille €2.4m €1.6m 3.5% 27.5
Flanders Food Services 1 Aartselaar €2.4m €1.2m 21.2% 20.3
De Blauwe Heerlijkheid Lille €4.4m €2.7m 26.0% 27.4

These companies have the same main activity as MVR1: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €2.2m and €4.4m, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 03-11-2020Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Joint committees
202.01Medium-sized food businesses
119Food trade · annual accounts 30-09-2025
Establishment units
2.309.487.2522110 Wijnegem, since 03-11-2020
2.309.487.3512060 Antwerp, since 03-11-2020
Financial year end
30 September
Peppol
Reachable since 26-03-2025
Company details

Annual accounts to 30-09-2025

≈ €11.0mestimated
€3.5m▼ 5.6%
Employeeson 30-09-2025
23▼ 11.5%
Filing
Filed on 19-12-2025, 132 days before the end of the filing period
Financials

Insights on MVR1

MVR1 files the abbreviated format. That format states no turnover. The gross margin fell from €2.3m in 2022 to €1.7m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MVR1

What is the company number of MVR1?
The company number of MVR1 is 0757.760.139. The VAT number is the same number with BE in front: BE 0757.760.139.
Where is MVR1 based?
The registered office is at Ertbruggestraat 71, 2110 Wijnegem.Company details
What does MVR1 do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of MVR1?
MVR1 is a private limited company (BV).
When was MVR1 founded?
MVR1 was founded on 03-11-2020.
Is MVR1 still active?
Yes, MVR1 is an active enterprise in the KBO register.
How many employees does MVR1 have?
MVR1 had an average of 23.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MVR1 fall under?
In its 30-09-2025 annual accounts, MVR1 states joint committees 202.01 (Medium-sized food businesses) and 119 (Food trade).
What is the turnover of MVR1?
The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €1.7m and 30 comparable companies (NACE 471). It probably lies between €7.0m and €14.0m.
Is MVR1 profitable?
In financial year 2025, MVR1 made a profit of €361,802.
Where can I find the annual accounts of MVR1?
MVR1 filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MVR1 due?
MVR1 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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