Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MVK from Nieuwerkerken (Limb.), company number BE0436970548, closed financial year 2025 with a result of € -74,257 after tax. For that financial year MVK recorded a gross margin of € -53,809 and equity of € -109,555. Compared with financial year 2024, the result moved from € 69,996 to € -74,257. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -109,555
▼ € 74,257 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,257
▼ still € 69,996 profit in 2024
Profit after tax over the fiscal year.
€ 103,886
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -357,448.
People and assets in 2025
€ 532,136
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 849
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 204
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 146,021 | € -66,075 | € 107,142 | € -53,809 | ▼ € 160,952 |
| Profit after taxes | € 118,942 | € -86,103 | € 69,996 | € -74,257 | ▼ € 144,253 |
| Equity | € -19,191 | € -105,293 | € -35,298 | € -109,555 | ▼ € 74,257 |
| Total debts | € 670,483 | € 889,167 | € 921,463 | € 1,281,270 | ▲ 39% |
| Cash | € 28,846 | € 22,420 | € 380,541 | € 103,886 | ▼ 73% |
| Land & buildings | - | - | - | € 19,399 | |
| Retained profit | € -267,084 | € -353,187 | € -283,191 | € -357,448 | ▼ € 74,257 |
| Bank debt | € 345,444 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 651,293 | € 783,874 | € 886,165 | € 1,171,715 | ▲ 32% |
Key figures of MVK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MVK?
What happened at MVK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 74,257 (▼ € 144,253 vs 2024). filed late Source: NBB ↗
- Sven Vranken became a director. NBB
- Niels Vranken became a director. NBB
- New establishment in Nieuwerkerken (Limb.). KBO
- Start of the company according to the CBE. KBO
In short
From € 118,942 profit in 2022 to € 74,257 loss in 2025.
Best year ever: 2022, with € 118,942 profit.
Management
Behind MVK are Sven Vranken and Niels Vranken. The same people are also behind DROP. Niels Vranken is also behind SVENI, NEELZZ and THE BLACK KNIFE.
Directors
According to the 2025 annual accounts
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Diestersteenweg 99
3850 Nieuwerkerken (Limb.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
TELENET-AS, BE
Website info
Features
Security
Details
- Company number
- 0436.970.548
- VAT number
- BE 0436.970.548
- Registered office
- Diestersteenweg 99, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- MVK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 1989
- Peppol
- Active · Active since 4 Nov 2025
- Contact
- vrankennv.be
- Activities · NACE
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Detailhandel in meubels
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