NMVD
ActiveSummary
NMVD has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,996 and a net result of -€2,124. Its solvency ranks better than 51% of 209 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €5,996
- Loss
- -€2,124
- Nathalie MIGLIOREDirector
- Vincenzo DI MARZODirector
Why 91raises riskLoss of €2,124 (financial year 2025)lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 0.68, cash €5,173Size: turnover €55,782, total assets €14,090Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro): better than 45% on solvency, 57% on liquidity and 27% on profitability.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- Purpose · Legal-form change · Resignations…Resignations: MIGLIORE Nathalie (gérant/commandité) and…
Financials · financial year 2025, full format
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.3% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% | 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 3,592 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.
| Line | 2025 |
|---|---|
| Turnover70 | €55,782 |
| Goods, raw materials, services and sundry goods60/61 | €49,750 |
| Remuneration, social security and pensions62 | €1,695 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,167 |
| Other operating charges640/8 | €1,221 |
| Gross operating margin9900 | €6,033 |
| Operating profit (loss)9901 | -€2,051 |
| Financial charges65/66B | €74 |
| Recurring financial charges65 | €74 |
| Profit (loss) for the period before taxes9903 | -€2,124 |
| Profit (loss) for the period9904 | -€2,124 |
| Profit (loss) for the period to be appropriated9905 | -€2,124 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €14,090 | |
| Fixed assets21/28 | €8,575 | |
| Tangible fixed assets22/27 | €8,545 | |
| Plant, machinery and equipment23 | €7,189 | |
| Furniture and vehicles24 | €1,356 | |
| Financial fixed assets28 | €30 | |
| Current assets29/58 | €5,515 | |
| Amounts receivable within one year40/41 | €269 | |
| Other amounts receivable41 | €269 | |
| Cash at bank and in hand54/58 | €5,173 | |
| Deferred charges and accrued income490/1 | €74 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €14,090 | |
| Equity10/15 | €5,996 | |
| Contributions10/11 | €1,000 | |
| Capital10 | €1,000 | |
| Issued capital100 | €1,000 | |
| Reserves13 | €100 | |
| Non-distributable reserves130/1 | €100 | |
| Legal reserve130 | €100 | |
| Profit (loss) carried forward14 | €4,896 | |
| Amounts payable17/49 | €8,095 | |
| Amounts payable within one year42/48 | €8,095 | |
| Trade debts44 | €668 | |
| Suppliers440/4 | €668 | |
| Taxes, remuneration and social security45 | €171 | |
| Taxes450/3 | €171 | |
| Other amounts payable47/48 | €7,256 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€2,124 |
| + Depreciation and write-downs630 | €5,167 |
| Operating cash flow (approximation) | €3,042 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 02-06-2026 | 2026-00131835 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Nathalie MIGLIORE |
|
| Vincenzo DI MARZO |
|
Owners and capital
Capital and shareholders
- DI MARZO Vincenzo Associé commandité et associé commanditaire · 5 shares
- MIGLIORE Nathalie Associée commandité et associée commanditaire · 5 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 19-03-2026 Capital stated in the deed · 10 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-03
Gazette deed
Purpose · Legal-form change · Resignations & appointmentsResignations: MIGLIORE Nathalie (gérant/commandité) and DI MARZO Vincenzo (gérant/commandité) · Appointments: MIGLIORE Nathalie (director) and DI MARZO Vincenzo (director) · Incorporation23 facts ▸
- General meeting, 12-03-2026
- Incorporation, 2018-03
- Other provision, “statuts non modifiés, statuts n’ont plus été modifiés à ce jour” (deed in French)
- Partner, DI MARZO Vincenzo (general partner and limited partner)
- Shareholding, “parts”, 5 (deed in French) (2 times)
- Partner, MIGLIORE Nathalie (associée commandité et associée commanditaire)
- Capital (2 times)
- Other provision, “ordre du jour, art.14:5 avec état actif/passif <3mois art.14:3” (deed in French)
- Other provision, 05-02-2026
- Auditor report, “Bruxelles, art.14:4” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “unanimité, société à responsabilité limitée” (deed in French)
- +11 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0692.859.122
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52060A0259/00A002 | Wallonia | 1,389 m² | 1 · 138 m² | 7.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La prestation de tous travaux de menuiserie,de graphisme et d’esthétique; L’organisation de visites guidées dans différentes régions en…” (deed in French)
4 activities (deed in French)
- La prestation de tous travaux de menuiserie,de graphisme et d’esthétique
- L’organisation de visites guidées dans différentes régions en Belgique et à l’étranger à bord de véhicules Side Car
- La vente de voyages,séjours individuels ou en groupe à bord de Side Car
- La location de véhicules Side Car et de tous autres véhicules et équipements de tourisme (camping cars,caravanes,logements insolites , ...) après une initiation à la conduite de ce type de véhicules par la dispensation préalable de cours pratiques de conduite de ce type de véhicules
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NMVD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 15. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation,defaut sans limitation, un ou plusieurs” (deed in French)“Assemblee generale, fixe ou proportionnelle” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs onereux ou gratuit,volontaires ou forcees y compris exclusion et retrait,usufruit,nue-propriete ou pleine…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu des statuts…” (deed in French)