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Production MVA

Active
Private limited companyfounded 201412 yrs activeBrugmannlaan 238, 1180 Ukkel, BelgiumKBO/BCE: BE 0546.878.476

The computed 12-month bankruptcy probability of Production MVA is 1.6% (moderate). The 2024 annual accounts show equity of €28k and a net result of €26k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 26049 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
64 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+11
Solvency47▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.44 in 2023; short-term debt: 77.6% and cash: 45.2% of total assets), and 77.6% 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 riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · 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 2024
Solvency, return and age of the figures
Solvency
22.4%
Return on assets
21.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
27 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
61 d late
← before the deadline after the deadline →
neutral · 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 2024, micro schema

Equity
€28k▼ 4.5%
2023 · €29k
2018: €17k 2019: €26k 2020: €19k 2021: €35k 2022: €51k 2023: €29k
2018 → 2024
Total assets
€125k▲ 2.0%
2023 · €123k
2018: €69k 2019: €91k 2020: €76k 2021: €70k 2022: €97k 2023: €123k
2018 → 2024
Net result
€26k▲ 71.3%
2023 · €15k
2018: €3k 2019: €10k 2020: €-7k 2021: €16k 2022: €17k 2023: €15k
2018 → 2024
Working capital
€22k▼ 38.3%
2023 · €35k
2018: €-7k 2019: €12k 2020: €19k 2021: €29k 2022: €46k 2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€19k-€35k▲ 81.6%€51k▲ 47.6%€29k▼ 43.0%€28k▼ 4.5%
Operating result€-3k-€24k€32k▲ 32.4%€25k▼ 22.0%€37k▲ 48.5%
Net result€-7k-€16k€17k▲ 5.9%€15k▼ 6.9%€26k▲ 71.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-3k€-3kNet result 2020: €-7k€-7kOperating result 2021: €24k€24kNet result 2021: €16k€16kOperating result 2022: €32k€32kNet result 2022: €17k€17kOperating result 2023: €25k€25kNet result 2023: €15k€15kOperating result 2024: €37k€37kNet result 2024: €26k€26k20202021202220232024
The operating result recovers in 2024; 2024 is 48% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets €6k▼ 14.6%
Current assets €119k▲ 3.0%
Equity and liabilities €125k
Equity €28k▼ 4.5%
Debt €97k▲ 4.0%
The debt ratio rises from 76.1% to 77.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€38k
2023 · €26k
Cash flow
€27k
2023 · €17k
Solvency
22.4%
2023 · 23.9%
Current ratio
1.22
2023 · 1.44
Quick ratio
1.22
2023 · 1.43
Debt / equity
3.47
2023 · 3.19
ROE
94.6%
2023 · 52.7%
ROA
21.2%
2023 · 12.6%
Interest coverage
16.55
2023 · 8.32
Debt
€97k
2023 · €93k
Debt ≤ 1 year
€97k
2023 · €80k
Income taxes
€9k
2023 · €7k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€123k€125k
Fixed assets21/28€7k€6k
Tangible fixed assets22/27€1k€1k
Plant, machinery and equipment23€902€274
Furniture and vehicles24€176€1k
Financial fixed assets28€6k€5k
Current assets29/58€115k€119k
Stocks and contracts in progress3€600-
Stocks30/36€600-
Amounts receivable within one year40/41€49k€21k
Trade receivables40€34k€15k
Other amounts receivable41€15k€6k
Current investments50/53€35k€39k
Cash at bank and in hand54/58€29k€57k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€123k€125k
Equity10/15€29k€28k
Contributions10/11€6k€19k
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€18k€2k
Non-distributable reserves130/1€18k€2k
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Other1319€17k-
Profit (loss) carried forward14€5k€8k
Amounts payable17/49€93k€97k
Amounts payable within one year42/48€80k€97k
Financial debts43€273€305
Credit institutions430/8€273€305
Trade debts44€27k€39k
Suppliers440/4€27k€39k
Advances received on contracts in progress46€500€6k
Taxes, remuneration and social security45€15k€12k
Taxes450/3€15k€12k
Other amounts payable47/48€38k€40k
Accrued charges and deferred income492/3€13k-
Income statement Code20232024
Remuneration, social security and pensions62€29k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€742
Other operating charges640/8€4k€5k
Gross operating margin9900€59k€42k
Operating profit (loss)9901€25k€37k
Financial income75/76B€683€303
Recurring financial income75€683€303
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€22k€35k
Income taxes67/77€7k€9k
Profit (loss) for the period9904€15k€26k
Profit (loss) for the period to be appropriated9905€15k€26k
Appropriation of the result
Profit (loss) to be appropriated9906€35k€31k
Profit (loss) brought forward from the previous period14P€19k€5k
Transfer from equity791/2€8k€17k
Profit to be distributed694/7€38k€40k
Return on contributions (dividend)694-€40k
Directors or managers695€38k-

The notes to these accounts (7 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

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €26k ▲71.3%
Operating result €37k, net result €26k, both a record.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Weakest financial yearnet €-7k ▼173%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
03-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 187 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Ukkel · 1 establishment unit since 2014
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.

Brugmannlaan 2381180 Ukkel
Ground area
227 m²
Building footprint
89 m²
Volume, LiDAR
1,212 m³
Parcel 21618B0277/00M024, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Brugmannlaan 238, 1180 Ukkel
Retail trade
since 20142.227.027.453
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21618B0277/00M024 Brussels 227 m² 1 · 89 m² 18.0 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ukkel2.227.027.453
1 permission
Toelating · Ambulante eetgelegenheid · since 15-09-2022

Similar companies · same sector, comparable size

Of 3,830 companies in sector 47210 we hold annual accounts for 965. 752 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-02-2014
Fiscal year end31-12
Abbreviation FR MVA
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47810Retail trade
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Establishment Ukkel 2.227.027.453