MVVR
ActiveSummary
MVVR has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €384,066 and a net result of €48,108. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 8871 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-18
Solvency84▼-16
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 6.43 in 2024; short-term debt: 41.1% and cash: 8.7% of total assets), and 41.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
58.9%
Return on assets
7.4%
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 20-08-2026, 20 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
20 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#7 company by total assets in Antoing, Professional and technical services sector#7 company by equity in Antoing, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€48,108▼ 42.5%
2024 · €83,642
Working capital
€71,975▼ 72.5%
2024 · €262,038
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€110,147-€115,208▲ 4.6%€95,449▼ 17.2%€103,264▲ 8.2%€55,880▼ 45.9%
Net result€85,897within the sector's middle half-€89,083within the sector's middle half▲ 3.7%€75,336within the sector's middle half▼ 15.4%€83,642within the sector's middle half▲ 11.0%€48,108within the sector's middle half▼ 42.5%
Equity€87,897within the sector's middle half-€176,980within the sector's middle half▲ 101%€252,316within the sector's middle half▲ 42.6%€335,958within the sector's middle half▲ 33.1%€384,066within the sector's middle half▲ 14.3%
Total assets€130,501below the sector's middle half-€262,696below the sector's middle half▲ 101%€305,297below the sector's middle half▲ 16.2%€385,313below the sector's middle half▲ 26.2%€652,104within the sector's middle half▲ 69.2%
Debt€42,605-€85,717▲ 101%€52,981▼ 38.2%€49,356▼ 6.8%€268,039▲ 443%
Working capital€85,594within the sector's middle half-€164,477within the sector's middle half▲ 92.2%€176,205within the sector's middle half▲ 7.1%€262,038within the sector's middle half▲ 48.7%€71,975within the sector's middle half▼ 72.5%
Solvency67.4%within the sector's middle half-67.4%within the sector's middle half=82.6%above the sector's middle half▲ 15.3pp87.2%above the sector's middle half▲ 4.5pp58.9%within the sector's middle half▼ 28.3pp
Current ratio3.01above the sector's middle half-2.92within the sector's middle half▼ 0.094.33above the sector's middle half▲ 1.416.43above the sector's middle half▲ 2.111.27within the sector's middle half▼ 5.17
Return on assets (ROA)65.8%above the sector's middle half-33.9%above the sector's middle half▼ 31.9pp24.7%above the sector's middle half▼ 9.2pp21.7%above the sector's middle half▼ 3.0pp7.4%within the sector's middle half▼ 14.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €652,104
Fixed assets
€312,090 ▲ 316%
Current assets
€340,014 ▲ 9.6%
Equity and liabilities €652,104
Equity
€384,066 ▲ 14.3%
Debt
€268,039 ▲ 443%
Debt's share of the balance-sheet total rises from 12.8% to 41.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72,209▼
2024 · €112,865
Cash flow
€64,437▼
2024 · €93,243
Debt to equity
0.70▲
2024 · 0.15
ROE
12.5%▼
2024 · 24.9%
Interest coverage
295.49▲
2024 · 84.27
Debt ≤ 1 year
€268,039▲
2024 · €48,219
Income taxes
€13,735▼
2024 · €24,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 3,126 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €269 | €1,502 | €15,060 | €9,601 | €16,329 | ▲ 70.1% |
| Other operating charges640/8 | €1,275 | €525 | €994 | €1,999 | €32,435 | ▲ 1,522% |
| Gross operating margin9900 | €111,690 | €117,235 | €111,503 | €114,864 | €104,644 | ▼ 8.9% |
| Operating profit (loss)9901 | €110,147 | €115,208 | €95,449 | €103,264 | €55,880 | ▼ 45.9% |
| Financial income75/76B | €3 | €0 | €1,138 | €5,904 | €6,207 | ▲ 5.1% |
| Recurring financial income75 | €3 | €0 | €1,138 | €5,904 | €6,207 | ▲ 5.1% |
| Financial charges65/66B | €152 | €303 | €221 | €1,339 | €244 | ▼ 81.8% |
| Recurring financial charges65 | €152 | €303 | €221 | €1,339 | €244 | ▼ 81.8% |
| Profit (loss) for the period before taxes9903 | €109,998 | €114,906 | €96,365 | €107,828 | €61,842 | ▼ 42.6% |
| Income taxes67/77 | €24,101 | €25,823 | €21,029 | €24,186 | €13,735 | ▼ 43.2% |
| Profit (loss) for the period9904 | €85,897 | €89,083 | €75,336 | €83,642 | €48,108 | ▼ 42.5% |
| Profit (loss) for the period to be appropriated9905 | €85,897 | €89,083 | €75,336 | €83,642 | €48,108 | ▼ 42.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,501 | €262,696 | €305,297 | €385,313 | €652,104 | ▲ 69.2% |
| Fixed assets21/28 | €2,354 | €12,503 | €76,111 | €75,056 | €312,090 | ▲ 316% |
| Tangible fixed assets22/27 | €2,354 | €12,503 | €76,111 | €75,056 | €312,090 | ▲ 316% |
| Land and buildings22 | - | - | - | - | €249,967 | - |
| Plant, machinery and equipment23 | €1,258 | €10,398 | €17,500 | €15,283 | €13,131 | ▼ 14.1% |
| Furniture and vehicles24 | €1,096 | €2,105 | €58,611 | €59,773 | €48,993 | ▼ 18.0% |
| Current assets29/58 | €128,147 | €250,193 | €229,186 | €310,257 | €340,014 | ▲ 9.6% |
| Amounts receivable within one year40/41 | - | €19,749 | €31,285 | €56,418 | €33,154 | ▼ 41.2% |
| Trade receivables40 | - | €19,749 | €31,285 | €53,833 | €17,442 | ▼ 67.6% |
| Other amounts receivable41 | - | - | - | €2,585 | €15,712 | ▲ 508% |
| Current investments50/53 | - | - | €150,000 | €250,000 | €250,000 | = |
| Cash at bank and in hand54/58 | €128,147 | €230,444 | €47,653 | €3,522 | €56,528 | ▲ 1,505% |
| Deferred charges and accrued income490/1 | - | - | €248 | €318 | €331 | ▲ 4.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,501 | €262,696 | €305,297 | €385,313 | €652,104 | ▲ 69.2% |
| Equity10/15 | €87,897 | €176,980 | €252,316 | €335,958 | €384,066 | ▲ 14.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €85,897 | €174,980 | €250,316 | €333,958 | €382,066 | ▲ 14.4% |
| Amounts payable17/49 | €42,605 | €85,717 | €52,981 | €49,356 | €268,039 | ▲ 443% |
| Amounts payable within one year42/48 | €42,553 | €85,717 | €52,981 | €48,219 | €268,039 | ▲ 456% |
| Trade debts44 | €891 | €1,334 | €1,911 | €2,577 | €3,233 | ▲ 25.5% |
| Suppliers440/4 | €891 | €1,334 | €1,911 | €2,577 | €3,233 | ▲ 25.5% |
| Taxes, remuneration and social security45 | €30,516 | €69,180 | €33,650 | €34,707 | €10,291 | ▼ 70.3% |
| Taxes450/3 | €30,516 | €67,130 | €31,600 | €32,657 | €8,241 | ▼ 74.8% |
| Remuneration and social security454/9 | - | €2,050 | €2,050 | €2,050 | €2,050 | = |
| Other amounts payable47/48 | €11,145 | €15,203 | €17,421 | €10,934 | €254,514 | ▲ 2,228% |
| Accrued charges and deferred income492/3 | €52 | - | - | €1,137 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85,897 | €89,083 | €75,336 | €83,642 | €48,108 | ▼ 42.5% |
| + Depreciation and write-downs630 | €269 | €1,502 | €15,060 | €9,601 | €16,329 | ▲ 70.1% |
| Operating cash flow (approximation) | €86,165 | €90,585 | €90,396 | €93,243 | €64,437 | ▼ 30.9% |
| Investment in fixed assets (approximation) | - | -€11,651 | -€78,668 | -€8,546 | -€253,363 | ▼ 2,865% |
| Change in cash | - | €102,297 | -€182,791 | -€44,131 | €53,007 | ▲ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €48,108 ▼42.5%
Net result drops to €48,108, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Equity above €200,000Eq €252,316 ▲42.6%
3 profitable years in a row build equity to €252,316.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €89,083 ▲3.7%
Operating result €115,208, net result €89,083, both a record.
31-12
Financial
Equity above €150,000Eq €176,980 ▲101%
2 profitable years in a row build equity to €176,980.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antoing · 1 establishment unit since 2021
Ground area
2,440 m²
Building footprint
127 m²
Volume, LiDAR
967 m³
Parcel 57063B0294/00Y000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MVVR
since 20212.325.448.801
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57063B0294/00Y000 | Wallonia | 2,439 m² | 1 · 127 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DEMACOM
BE 0468.632.635
Merchtem · Eq €384,112
BbyD
BE 0784.534.911
Braine-l'Alleud · Eq €383,960
SparkBlue
BE 0730.614.688
Lievegem · Eq €384,230
BG BR INVEST
BE 0691.977.907
Ecaussinnes · Eq €384,255
JENO
BE 0456.913.550
Hamont-Achel · Eq €384,290
Of 82,601 companies in this sector we hold annual accounts for 52,629. 36,673 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded19-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
56210Event catering
66300Activities auxiliary to financial services and insurance activities
73200Market research and public opinion polling
73300Public relations and communication consultancy
Contact
E-mail
manuela.vivier13@gmail.com
Phone
0473521028
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775892607
Also
9925:BE0775892607
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.