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MVS IT

Active
Private limited companyfounded 2024active for 1 yearKerkhofstraat 8, 9255 Buggenhout, BelgiumKBO/BCE: BE 1017.703.511

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MVS IT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,930 and a net result of €46,789. Its solvency ranks better than 60% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
09-06-2026
Format
micro format
Reference
2026-00152049
Turnover
≈ €110,000
Estimated: probably between €100,000 and €150,000
Total assets
€72,151▲ 18×
2024 · €4,000
Net result
€46,789
Working capital
€46,038
Trend over the years

2024 to 2025, 2 financial years

2025 is the only financial year with figures: the operating result is €58,430.

What the company owns (total assets), how much of it is its own (equity) and how much it owes.

Total assets€72,151 2025 Equity€49,930 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Equity, Total assets.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€58,430
Net result€46,789within the sector's middle half
Equity€4,000below the sector's middle half-€49,930within the sector's middle half▲ 12×
Total assets€4,000below the sector's middle half-€72,151within the sector's middle half▲ 18×
Debt€22,222
Working capital€46,038within the sector's middle half
Solvency69.2%within the sector's middle half
Current ratio3.07within the sector's middle half
Return on assets (ROA)64.8%above the sector's middle half
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €72,151
Fixed assets €3,891
Current assets €68,260
Equity and liabilities €72,151
Equity €49,930
Debt €22,222
Debt finances 30.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59,817
Cash flow
€48,175
Debt to equity
0.45
ROE
93.7%
Interest coverage
over 100
Debt ≤ 1 year
€22,222
Income taxes
€12,909

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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 · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 09-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€4,000€72,151▲
Fixed assets21/28-€3,891
Tangible fixed assets22/27-€3,891
Plant, machinery and equipment23-€3,891
Current assets29/58€4,000€68,260▲
Amounts receivable within one year40/41-€12,618
Trade receivables40-€12,618
Cash at bank and in hand54/58€4,000€55,642▲
Equity and liabilities
Total equity and liabilities10/49€4,000€72,151▲
Equity10/15€4,000€49,930▲
Contributions10/11€4,000€4,000=
Reserves13-€45,930
Distributable reserves133-€45,930
Profit (loss) carried forward14-€0
Amounts payable17/49-€22,222
Amounts payable within one year42/48-€22,222
Trade debts44-€3,437
Suppliers440/4-€3,437
Taxes, remuneration and social security45-€18,627
Taxes450/3-€18,627
Other amounts payable47/48-€158
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,387
Other operating charges640/8-€206
Gross operating margin9900-€60,023
Operating profit (loss)9901-€58,430
Financial income75/76B-€1,307
Recurring financial income75-€1,307
Financial charges65/66B-€39
Recurring financial charges65-€39
Profit (loss) for the period before taxes9903-€59,698
Income taxes67/77-€12,909
Profit (loss) for the period9904-€46,789
Profit (loss) for the period to be appropriated9905-€46,789
Appropriation of the result
Profit (loss) to be appropriated9906-€46,789
Transfer to equity691/2-€45,930
To other reserves6921-€45,930
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,387-
Other operating charges640/8-€206-
Gross operating margin9900-€60,023-
Operating profit (loss)9901-€58,430-
Financial income75/76B-€1,307-
Recurring financial income75-€1,307-
Financial charges65/66B-€39-
Recurring financial charges65-€39-
Profit (loss) for the period before taxes9903-€59,698-
Income taxes67/77-€12,909-
Profit (loss) for the period9904-€46,789-
Profit (loss) for the period to be appropriated9905-€46,789-
Line20242025Change
Assets
Total assets20/58€4,000€72,151▲ 18×
Fixed assets21/28-€3,891-
Tangible fixed assets22/27-€3,891-
Plant, machinery and equipment23-€3,891-
Current assets29/58€4,000€68,260▲ 17×
Amounts receivable within one year40/41-€12,618-
Trade receivables40-€12,618-
Cash at bank and in hand54/58€4,000€55,642▲ 14×
Equity and liabilities
Total equity and liabilities10/49€4,000€72,151▲ 18×
Equity10/15€4,000€49,930▲ 12×
Contributions10/11€4,000€4,000=
Reserves13-€45,930-
Distributable reserves133-€45,930-
Profit (loss) carried forward14-€0-
Amounts payable17/49-€22,222-
Amounts payable within one year42/48-€22,222-
Trade debts44-€3,437-
Suppliers440/4-€3,437-
Taxes, remuneration and social security45-€18,627-
Taxes450/3-€18,627-
Other amounts payable47/48-€158-
Line20242025Change
Profit (loss) for the period9904-€46,789-
+ Depreciation and write-downs630-€1,387-
Operating cash flow (approximation)-€48,175-
Change in cash-€51,642-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-06-2026 2026-00152049 NBB
31-12-2024 micro format 30-06-2025 2025-00196623 NBB

Similar companies · same sector, comparable size

Of the 29,902 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,965. 15,808 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.