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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MV Products from Oud-Turnhout, company number BE0448183352, closed financial year 2025 with a result of € 22,727 after tax. For that financial year MV Products recorded a gross margin of € 36,163 and equity of € -20,468. Compared with financial year 2024, the result moved from € 23,038 to € 22,727. The company is profitable. 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 January 27, 2026.
€ -20,468
▲ € 22,727 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,727
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 25,977
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -26,665.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 78,330
▲ € 77,164 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,060
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | - | € 35,659 | € 36,163 | ▲ 1% |
| Profit after taxes | € 0 | € 0 | € 23,038 | € 22,727 | ▼ 1% |
| Equity | € -66,233 | € -66,233 | € -43,195 | € -20,468 | ▲ € 22,727 |
| Total debts | € 66,240 | € 66,233 | € 145,791 | € 298,845 | ▲ 105% |
| Cash | - | - | € 41,351 | € 25,977 | ▼ 37% |
| Retained profit | € -72,430 | € -72,430 | € -49,392 | € -26,665 | ▲ € 22,727 |
| Balance sheet total | € 7 | € 0 | € 102,596 | € 278,377 | ▲ 171% |
Key figures of MV Products, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MV Products?
What happened at MV Products in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,727 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2021 to € 22,727 profit in 2025.
Paid € 24,437 in corporate taxes since 2021.
Best year ever: 2024, with € 23,038 profit.
Management
Behind MV Products is Mats Verheyen.
Directors
According to the 2025 annual accounts
Mats Verheyen
Director
Establishments
Establishment units
Physical locations of this company
Neerstraat 187 box 1
2360 Oud-Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.183.352
- VAT number
- BE 0448.183.352
- Registered office
- Neerstraat 187 bus 1, 2360 Oud-Turnhout
- Names & denominations
- MV Products
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1992
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Detailhandel in uurwerken en sieraden
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Adviesbureaus op het gebied van public relations en communicatie
Promotie en organisatie van uitvoerende kunstevenementen