MVSB

Active

Private limited companyfounded 20188 yrs activeDorpsplein 20, 9940 Evergem, BelgiumKBO/BCE: BE 0698.815.615

The computed 12-month bankruptcy probability of MVSB is 2.0% (moderate). The 2025 annual accounts show equity of €18k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 13071 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

43 / 100

Weak▼ -8 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency7▲+3

Growth58=

Stability100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity short (current ratio 0.34 against 0.34 in 2024), and 89.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.4%

Return on assets

4.5%

Age of the figures

18 mo

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

2 d early

2024

14 d early

2023

15 d late

2022

on the day

2021

19 d early

2020

1 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close15-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€18k▲ 74.8%

2024 · €10k

2020: €25k 2021: €62k 2022: €36k 2023: €-4k 2024: €10k

2020 → 2025

Total assets

€173k▼ 10.4%

2024 · €193k

2020: €200k 2021: €241k 2022: €250k 2023: €239k 2024: €193k

2020 → 2025

Net result

€8k▼ 46.4%

2024 · €14k

2020: €5k 2021: €37k 2022: €-26k 2023: €-40k 2024: €14k

2020 → 2025

Working capital

€-103k▼ 0.6%

2024 · €-102k

2020: €-114k 2021: €-76k 2022: €-93k 2023: €-92k 2024: €-102k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€62k-€36k▼ 42.7%€-4k€10k€18k▲ 74.8%

Operating result€40k-€-26k€-33k▼ 30.3%€20k€12k▼ 39.9%

Net result€37k-€-26k€-40k▼ 49.7%€14k€8k▼ 46.4%

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 40% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €173k

69.9%

30.1%

Fixed assets €121k▼ 13.2%

Current assets €52k▼ 3.0%

Equity and liabilities €173k

10%

89.6%

Equity €18k▲ 74.8%

Debt €155k▼ 15.2%

The debt ratio falls from 94.6% to 89.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€43k▼

2024 · €54k

Cash flow

€39k▼

2024 · €49k

Solvency

10.4%▲

2024 · 5.4%

Current ratio

0.34▼

2024 · 0.34

Quick ratio

0.18▲

2024 · 0.18

Debt / equity

8.57▼

2024 · 17.67

ROE

42.8%▼

2024 · 139.6%

ROA

4.5%▼

2024 · 7.5%

Interest coverage

10.76▲

2024 · 9.59

Debt

€155k▼

2024 · €183k

Debt ≤ 1 year

€155k▼

2024 · €156k

Debt > 1 year

€0▼

2024 · €27k

Income taxes

€550▼

2024 · €772

Staff costs

€267k▲

2024 · €254k

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€193k€173k▼

Formation expenses20€0-

Fixed assets21/28€140k€121k▼

Intangible fixed assets21€8k€6k▼

Tangible fixed assets22/27€131k€114k▼

Plant, machinery and equipment23€89k€82k▼

Furniture and vehicles24€17k€12k▼

Leasing and similar rights25€0-

Other tangible fixed assets26€24k€20k▼

Financial fixed assets28€360€360=

Current assets29/58€54k€52k▼

Amounts receivable after more than one year29€1k€0▼

Trade receivables290€1k€0▼

Stocks and contracts in progress3€25k€24k▼

Stocks30/36€25k€24k▼

Amounts receivable within one year40/41€3k€5k▲

Trade receivables40€1k€2k▲

Other amounts receivable41€2k€2k▲

Cash at bank and in hand54/58€19k€20k▲

Deferred charges and accrued income490/1€5k€4k▼

Equity and liabilities

Total equity and liabilities10/49€193k€173k▼

Equity10/15€10k€18k▲

Contributions10/11€20k€20k=

Reserves13€42k€42k=

Distributable reserves133€42k€42k=

Profit (loss) carried forward14€-52k€-44k▲

Amounts payable17/49€183k€155k▼

Amounts payable after more than one year17€27k€0▼

Financial debts170/4€27k€0▼

Amounts payable within one year42/48€156k€155k▼

Current portion of amounts payable after more than one year42€47k€27k▼

Trade debts44€50k€67k▲

Suppliers440/4€50k€67k▲

Taxes, remuneration and social security45€57k€58k▲

Taxes450/3€23k€23k▼

Remuneration and social security454/9€34k€35k▲

Other amounts payable47/48€2k€4k▲

Income statement Code20242025

Remuneration, social security and pensions62€254k€267k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€31k▼

Other operating charges640/8€8k€3k▼

Gross operating margin9900€317k€313k▼

Operating profit (loss)9901€20k€12k▼

Financial income75/76B€645€152▼

Recurring financial income75€645€152▼

Financial charges65/66B€6k€4k▼

Recurring financial charges65€6k€4k▼

Profit (loss) for the period before taxes9903€15k€8k▼

Income taxes67/77€772€550▼

Profit (loss) for the period9904€14k€8k▼

Profit (loss) for the period to be appropriated9905€14k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-52k€-44k▲

Profit (loss) brought forward from the previous period14P€-66k€-52k▲

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-10-2026

2025

29-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

17-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

31-03

Financial Back to profitnet €14k

Net result €14k after 2 loss-making years.

2023

15-11

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 15 days late

31-03

Financial Weakest financial yearnet €-40k

Net result drops to €-40k, the lowest in the series; recovery starts the following year.

2022

31-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

12-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

31-03

Financial Highest result since 2020net €37k ▲689%

Operating result €40k, net result €37k, both a record.

2020

30-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Evergem · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Dorpsplein 209940 Evergem

Ground area

176 m²

Building footprint

126 m²

Volume, LiDAR

6 m³

Parcel 44302D1167/00B000, Flanders · tallest building 1.6 m. Linked by address, not a title deed.

1 establishment unit

MVSB

Dorpsplein 20, 9940 EvergemFull-service restaurants

since 20182.278.061.232

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44302D1167/00B000	Flanders	176 m²	1 · 126 m²	1.6 m

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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Evergem2.278.061.232

1 permission

Toelating · Eetgelegenheid · since 20-08-2018

Similar companies · same sector, comparable size

Braine-l'Alleud · Eq €18k

JML CREATION & SAVEUR

Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 8,466 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-06-2018

Fiscal year end31-03

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.