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MVS

Active
Private limited companyfounded 2012active for 14 yearsPapenvelden 29, 2370 Arendonk, BelgiumKBO/BCE: BE 0848.760.688
Summary

MVS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of -€523,802. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 75% of 852 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Holiday cottages, homes and apartments
NACE 55203
#1 company by total assets in Arendonk, Accommodation and food service sector1 site
Size
€7.0mtotal assets 2025
Equity
€4.0m
Loss
-€523,802
Turnover not published (abbreviated format)
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Holdings
1
Accounts 3 days early1 of 6 deeds read
Why 70raises risk2 of the last 3 late1 change of registered office in 24 monthsLoss of €523,802 (financial year 2025)lowers riskSize: total assets €7.0mShow the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 55, small)
Financial strength · tick = 2024
Average
Solvency 81+11
equity 56.5% of total assets
Liquidity 55-33
short-term debt 5.9% · cash 4.2%
Profitability 9-91
return on assets -7.5%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (579 companies, NACE 55, small)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.1%▲ +0.1 percentage points vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.0%▼ -0.1 percentage points vs 03-2025 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +1.3 percentage points vs 05-2025 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 2.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -2.7 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.1%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.34, compared with 2.65 in 2024; short-term debt: 5.9% and cash: 4.2% of total assets), and 43.5% of the assets are financed with debt.
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 55, small): better than 76% on solvency, 74% on liquidity, 10% on profitability and 24% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €7.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €523,802 (financial year 2025)
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
31 days late
2023
44 days late
2022
89 days early
2021
79 days early
2020
92 days early
2019
26 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 23 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · 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 28 July (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. RestructuringPermanent representatives: Mario Steemans, Nick…
  3. Weakest financial yearnet -€523,802

Key points

  • Caution: Staff fell in 2025from 15.3 FTE to 0 FTE ▼ 100% View
  • Caution: Among the weakest 5% on net resultsector median €6,923 · 852 companies -€523,802 View
  • Total assets 20256 financial years filed €7.0m View

By topic

Financials

Financial year
2025
Total assets
€7.0m
Loss
-€523,802
Solvency
56.5%
Total assets▼ 30.1%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2014
Next accounts
by 31-07-2027
  1. 31-08-2025Annual accounts filed
  2. 31-12-2024Highest result from 2018 to 2025
  3. 31-12-2024Liquidity more than triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Holiday cottages, homes and apartmentsNACE 55203
Founded
18-09-2012
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te…
Go to Articles of association

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