ACTIVE

MVR

Financial year 2025 · closed on 30/09/2025
Net result
1,6 k €
-97.2% YoY
Gross margin
-87,7 €
-100.1% YoY
Equity
639,5 k €
+0.2% YoY

What does MVR do?

MVR is a Public limited company incorporated in 1986. Its registered office is in Merchtem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.783.145
Incorporation
03/11/1986
Legal form
Public limited company
Registered office
Wolvertemsesteenweg 204
1785 Merchtem · FlandreSee on map
Contributed capital
62 500,01 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120142013201220112010200920082007
Income statement
Gross margin-87,7 €62,4 k €-238,8 €-3,4 k €-67,3 k €23,1 k €15,2 k €42,2 k €21,1 k €61,6 k €83,1 k €132,9 k €64,4 k €
EBITDA-487,4 €61,4 k €-829,7 €-3,7 k €-75,3 k €-2,3 k €-6,4 k €21,1 k €-1,8 k €42,3 k €63 k €97,2 k €48,7 k €
Operating result-487,4 €61,4 k €-1 k €-6,3 k €-77,8 k €-11 k €-14,9 k €14 k €-11 k €15,4 k €30,7 k €58 k €18,3 k €
Net result1,6 k €54,8 k €568,9 k €-6,5 k €-78 k €-11,9 k €-15,7 k €13,4 k €-11,3 k €10,4 k €13,5 k €39,9 k €10,2 k €
Balance sheet
Equity639,5 k €638 k €583,2 k €14,3 k €20,7 k €136,5 k €148,3 k €164 k €150,6 k €161,9 k €151,5 k €138 k €98 k €
Total assets731,1 k €734,1 k €723,7 k €102,4 k €129,1 k €187,2 k €186,7 k €196,4 k €193,1 k €198,3 k €221,2 k €234 k €303,3 k €
Cash598,7 k €623 k €620,9 k €980,8 €1,4 k €12,6 k €15,7 k €24,1 k €39,7 k €61,6 k €47,5 k €41,6 k €97,3 k €
Debts91,2 k €95,8 k €140,1 k €88,2 k €97,6 k €50,8 k €38,4 k €32,4 k €42,5 k €36,4 k €69,7 k €94,9 k €202,2 k €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,5 ETP0,4 ETP0,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 18 ended

Active mandates

Francy Matthys

Managing director · since 18 mars 2022 · until 15 décembre 2028

Active

Ended mandates

Emma Rosez

Director · since 16 mars 2019 · until 15 mars 2025

Ended
Freddy Van Campenhout

Director · since 16 mars 2019 · until 15 mars 2025

Ended
Emma Rosez

Director · since 15 mars 2019 · until 16 mars 2025

Ended
Francy Matthys

Managing director · since 15 décembre 2016 · until 14 décembre 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/03/202629/04/202529/04/202402/05/202320/04/202229/03/2021
General meeting02/03/202607/12/202416/02/202417/03/202318/03/202219/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202502/03/202604/03/2026DutchPDF
Abridged model30/09/202407/12/202429/04/2025DutchPDF
Abridged model30/09/202316/02/202429/04/2024DutchPDF
Abridged model30/09/202217/03/202302/05/2023DutchPDF
Micro model30/09/202118/03/202220/04/2022DutchPDF
Micro model30/09/202019/03/202129/03/2021DutchPDF
Micro model30/09/201920/03/202009/04/2020DutchPDF
Micro model30/09/201815/03/201925/04/2019DutchPDF
Micro model30/09/201716/03/201809/04/2018DutchPDF
Abridged model30/09/201617/03/201725/04/2017DutchPDF
Abridged model30/09/201518/03/201621/04/2016DutchPDF
Abridged model30/09/201420/03/201531/03/2015DutchPDF
Abridged model30/09/201321/03/201402/04/2014DutchPDF
Abridged model30/09/201215/03/201309/04/2013DutchPDF
Abridged model30/09/201116/03/201213/04/2012DutchPDF
Abridged model30/09/201018/03/201121/04/2011DutchPDF
Abridged model30/09/200919/03/201021/04/2010DutchPDF
Abridged model30/09/200820/03/200924/03/2009DutchPDF
Abridged model30/09/200725/03/200825/04/2008DutchPDF
Abridged model30/09/200616/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 18 ended

Active mandates

Francy Matthys

Managing director · since 18 mars 2022 · until 15 décembre 2028

Active

Ended mandates

Emma Rosez

Director · since 16 mars 2019 · until 15 mars 2025

Ended
Freddy Van Campenhout

Director · since 16 mars 2019 · until 15 mars 2025

Ended
Emma Rosez

Director · since 15 mars 2019 · until 16 mars 2025

Ended
Francy Matthys

Managing director · since 15 décembre 2016 · until 14 décembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/05/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,6 k €
  2. 2024
    Annual accounts 202454,8 k €
  3. 2023
    Annual accounts 2023568,9 k €
  4. 2022
    Annual accounts 2022-6,5 k €
  5. 2021
    Annual accounts 2021-78 k €
  6. 2014
    Annual accounts 2014-11,9 k €
  7. 2013
    Annual accounts 2013-15,7 k €
  8. 2012
    Annual accounts 201213,4 k €
  9. 2011
    Annual accounts 2011-11,3 k €
  10. 2010
    Annual accounts 201010,4 k €
  11. 2009
    Annual accounts 200913,5 k €
  12. 2008
    Annual accounts 200839,9 k €
  13. 2007
    Annual accounts 200710,2 k €
  14. 03/11/1986
    IncorporationPublic limited company