MVS SERVICE
ActiveThe computed 12-month bankruptcy probability of MVS SERVICE is 1.5% (moderate). The 2025 annual accounts show equity of €119k and a net result of €35k. Equity is growing by ~43.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 1303 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 2.79 in 2024; short-term debt: 25.2% and cash: 22.9% of total assets), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.8%
Return on assets
21.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
76 d late
2023
82 d late
2022
99 d late
2021
193 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€119k▲ 40.9%
2024 · €85k
2021: €27k
2022: €43k
2023: €53k
2024: €85k
2021 → 2025
Total assets
€160k▲ 24.5%
2024 · €128k
2021: €52k
2022: €126k
2023: €138k
2024: €128k
2021 → 2025
Net result
€35k▲ 9.8%
2024 · €32k
2021: €23k
2022: €16k
2023: €10k
2024: €32k
2021 → 2025
Working capital
€110k▲ 56.4%
2024 · €70k
2021: €26k
2022: €62k
2023: €35k
2024: €70k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€43k▲ 59.6%€53k▲ 24.3%€85k▲ 59.3%€119k▲ 40.9%
Operating result€31k-€28k▼ 7.9%€20k▼ 30.0%€44k▲ 123%€41k▼ 5.7%
Net result€23k-€16k▼ 30.0%€10k▼ 34.8%€32k▲ 203%€35k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€9k▼ 49.6%
Current assets
€150k▲ 36.8%
Equity and liabilities €160k
Equity
€119k▲ 40.9%
Debt
€40k▼ 7.5%
The debt ratio falls from 33.9% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €59k
Cash flow
€36k▼
2024 · €47k
Solvency
74.8%▲
2024 · 66.1%
Current ratio
3.74▲
2024 · 2.79
Quick ratio
3.54▲
2024 · 2.59
Debt / equity
0.34▼
2024 · 0.51
ROE
29.0%▼
2024 · 37.2%
ROA
21.7%▼
2024 · 24.6%
Interest coverage
34.87▼
2024 · 48.40
Debt
€40k▼
2024 · €43k
Debt ≤ 1 year
€40k▲
2024 · €39k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€11k▼
2024 · €12k
Staff costs
€88k▲
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€128k€160k▲
Fixed assets21/28€18k€9k▼
Tangible fixed assets22/27€18k€9k▼
Land and buildings22-€3k
Plant, machinery and equipment23€476€327▼
Furniture and vehicles24€18k€6k▼
Current assets29/58€110k€150k▲
Stocks and contracts in progress3€8k€8k▲
Stocks30/36€8k€8k▲
Amounts receivable within one year40/41€72k€95k▲
Trade receivables40€3k€18k▲
Other amounts receivable41€69k€77k▲
Cash at bank and in hand54/58€25k€37k▲
Deferred charges and accrued income490/1€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€128k€160k▲
Equity10/15€85k€119k▲
Contributions10/11€4k€4k=
Reserves13€80k€115k▲
Distributable reserves133€80k€115k▲
Profit (loss) carried forward14€868€514▼
Amounts payable17/49€43k€40k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€39k€40k▲
Current portion of amounts payable after more than one year42€9k€4k▼
Trade debts44€12k€16k▲
Suppliers440/4€12k€16k▲
Taxes, remuneration and social security45€18k€20k▲
Taxes450/3€6k€4k▼
Remuneration and social security454/9€11k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€56k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€2k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€118k€142k▲
Operating profit (loss)9901€44k€41k▼
Financial income75/76B€734€6k▲
Recurring financial income75€734€6k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€43k€46k▲
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€32k€35k▲
Profit (loss) for the period to be appropriated9905€32k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€36k▼
Profit (loss) brought forward from the previous period14P€5k€868▼
Transfer to equity691/2€36k€35k▼
To other reserves6921€36k€35k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2021net €35k ▲9.8%
Net result €35k, the highest in the series.
31-12
Financial
Equity above €100kEq €119k ▲40.9%
5 profitable years in a row build equity to €119k.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Weakest financial yearnet €10k ▼34.8%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 193 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lanaken · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europark 243620 LanakenGround area
2,129 m²
Building footprint
402 m²
Volume, LiDAR
1,456 m³
Parcel 73042C0147/00E000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MVS SERVICE
since 20202.300.834.753
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0147/00E000 | Flanders | 2,129 m² | 1 · 402 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,565 EUR awarded · 2,565 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,323 EUR | 1,323 EUR |
| 2024 | 1 | 1,103 EUR | 1,103 EUR |
| 2022 | 1 | 139 EUR | 139 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsTechnicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
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ACSV
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TCS CHAUFFAGE
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Wuustwezel · Eq €116k
Of 886 companies in sector 33110 we hold annual accounts for 440. 340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2020
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:089 511 985