ACTIVE

M.V.B. The Art of Wiring

Financial year 2025 · Closed on 31/12/2025

Net result46,1 k €-62,7 %over 1 year
Gross margin241 k €-26,8 %over 1 year
Equity604,6 k €+69,4 %over 1 year

Identity

Source · BCE/KBO

M.V.B. The Art of Wiring is a Public limited company incorporated in 1997. Its main activity is: Electrical installation. Its registered office is in Vorselaar.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.778.693
Incorporation
28/10/1997
Legal form
Public limited company
Registered office
Della Faillelaan 20
2290 Vorselaar · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin241 k €329 k €355,4 k €356,9 k €186,4 k €
EBITDA139,4 k €265,6 k €287,2 k €284,6 k €142,4 k €
Operating result76,6 k €188,2 k €219,3 k €225,9 k €85,2 k €
Net result46,1 k €123,7 k €145,1 k €156 k €58,8 k €
Balance sheet
Equity604,6 k €357 k €233,3 k €88,1 k €108,2 k €
Total assets934,5 k €822 k €725,6 k €749 k €633,8 k €
Cash98 k €214,9 k €127,1 k €102,5 k €26,4 k €
Debts329,9 k €465 k €492,4 k €660,9 k €525,6 k €
Other
Workforce––1,1 ETP1,0 ETP0,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 1 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

DirectorMandates in this companyPeriod
Martin Van Bael
Managing directorsince 24/10/1997Director16/05/2003 → 15/05/2015endedManagerended
Nadia Habraken
Director
Yentl Van Bael
Director

Ended mandates

DirectorMandates in this companyPeriod
Marcel Van Bael
Director16/05/2003 → 15/05/2015

Other companies at this address

Della Faillelaan 20 2290 Vorselaar
CompanyCBE no.
1039.023.418

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202607/08/202510/07/202406/07/202316/06/202229/07/2021
General meeting24/08/202605/08/202517/05/202419/06/202320/05/202229/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202524/08/202624/08/2026DutchPDF
Abridged model31/12/202514/07/202631/07/2026DutchPDF
Abridged model31/12/202405/08/202507/08/2025DutchPDF
Abridged model31/12/202317/05/202410/07/2024DutchPDF
Abridged model31/12/202219/06/202306/07/2023DutchPDF
Abridged model31/12/202120/05/202216/06/2022DutchPDF
Abridged model31/12/202029/07/202129/07/2021DutchPDF
Abridged model31/12/201915/05/202015/07/2020DutchPDF
Micro model31/12/201817/05/201931/07/2019DutchPDF
Micro model31/12/201718/05/201823/05/2018DutchPDF
Abridged model31/12/201619/05/201704/07/2017DutchPDF
Abridged model31/12/201520/05/201625/07/2016DutchPDF
Abridged model31/12/201430/06/201511/08/2015DutchPDF
Abridged model31/12/201316/05/201412/08/2014DutchPDF
Abridged model31/12/201214/05/201325/09/2013DutchPDF
Abridged model31/12/201108/05/201216/08/2012DutchPDF
Abridged model31/12/201020/05/201122/08/2011DutchPDF
Abridged model31/12/200921/05/201024/08/2010DutchPDF
Abridged model31/12/200815/05/200917/06/2009DutchPDF
Abridged model31/12/200716/05/200812/07/2008DutchPDF
Abridged model31/12/200618/05/200725/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 1 ended

Last known composition, from the accounts closed on 31/12/2023, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

DirectorMandates in this companyPeriod
Martin Van Bael
Managing directorsince 24/10/1997Director16/05/2003 → 15/05/2015endedManagerended
Nadia Habraken
Director
Yentl Van Bael
Director

Ended mandates

DirectorMandates in this companyPeriod
Marcel Van Bael
Director16/05/2003 → 15/05/2015

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Martin Van Bael
Marcel Van Bael
199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
MVB
Della Faillelaan 20, 2290 Vorselaar
DirectorManaging director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Della Faillelaan 20, 2290 VorselaarCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00417022

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
M.V.B. The Art of WiringCurrent
CBE
MVB
accounts 2021 → 2025
Accounts 2025 · 2026-00417022

Events

  1. 2025
    Annual accounts 202546,1 k €↓
  2. 2024
    Annual accounts 2024123,7 k €↓
  3. 2023
    Annual accounts 2023145,1 k €↓
  4. 2022
    Annual accounts 2022156 k €↑
  5. 2021
    Annual accounts 202158,8 k €↓
  6. 2020
    Annual accounts 202070,8 k €↑
  7. 2019
    Annual accounts 201922,1 k €↑
  8. 2018
    Annual accounts 20185,4 k €↑
  9. 2017
    Annual accounts 2017-3,1 k €↓
  10. 2016
    Annual accounts 2016-850,2 €↓
  11. 2015
    Annual accounts 2015-66,5 €↑
  12. 2014
    Annual accounts 2014-5,3 k €↑
  13. 2013
    Annual accounts 2013-18,1 k €↓
  14. 2012
    Annual accounts 20121,6 k €↑
  15. 2011
    Annual accounts 2011-3,5 k €↓
  16. 2010
    Annual accounts 2010515,6 €↓
  17. 2009
    Annual accounts 20098,9 k €↓
  18. 2008
    Annual accounts 200813,7 k €↑
  19. 2007
    Annual accounts 200711,3 k €↓
  20. 2006
    Annual accounts 200613,8 k €
  21. 28/10/1997
    IncorporationPublic limited company