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MVS IT

Active
Private limited companyfounded 2024active for 1 yearKerkhofstraat 8, 9255 Buggenhout, BelgiumKBO/BCE: BE 1017.703.511
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 21,110 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

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
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 not shown here.

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
31-12-2025 micro format 09-06-2026 2026-00152049
31-12-2024 micro format 30-06-2025 2025-00196623

Similar companies · same sector, comparable size

Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,949. 15,794 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.