What does M.CV.S. do?

M.CV.S. is a plumber in Wellen. Private Limited, started on 26 October 2000, 1 establishment.

What is the address of M.CV.S.?

The registered office of M.CV.S. is located at Daalstraat 25, 3830 Wellen.

Is M.CV.S. still active?

Yes. According to the CBE (30 October 2026) M.CV.S. is active, legal situation “Normale toestand”, started on 26 October 2000.

Is M.CV.S. registered on Peppol?

Yes, M.CV.S. is registered on the Peppol network with ID 0208:0473135514.

What is the enterprise number of M.CV.S.?

The enterprise number of M.CV.S. is BE0473135514.

When was M.CV.S. founded?

M.CV.S. was founded on 26 October 2000.

Who are the directors of M.CV.S.?

According to the 2025 annual accounts, the directors of M.CV.S. are: Patrick Massoels.

Is M.CV.S. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 October 2000; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did M.CV.S. make in 2025?

M.CV.S. posted a profit after taxes of € 103,990 in financial year 2025.

What is the revenue of M.CV.S.?

As a small company, M.CV.S. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 265,848.

How much does an employee at M.CV.S. earn?

The average wage cost per full-time employee at M.CV.S. was € 63,500 in 2023: staff costs of € 63,529 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

M.CV.S. (Private Limited) - Wellen - BE0473135514

Dossier M.CV.S., printed on 30 October 2026 from databakkes.be/en/0473135514/m-cv-s. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2025

M.CV.S. from Wellen, company number BE0473135514, closed financial year 2025 with a result of € 103,990 after tax. For that financial year M.CV.S. recorded a gross margin of € 265,848 and equity of € 659,795. Compared with financial year 2024, the result moved from € 96,108 to € 103,990. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.

What it is worth Growing

€ 659,795

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 103,990

▲ 8% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 330,244

▲ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 13,158 paid out

13 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 70,747

▲ 7% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,241

▼ 66% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 110,255

▼ 19% vs 2024

€ 25,729 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 55,800

▲ 193% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,122

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 218,531 Gross margin 2022: € 218,531 First fiscal year in the series	€ 211,136 Gross margin 2023: € 211,136 ▼ 3% vs 2022 (€ 218,531) Unfavourable step	€ 259,079 Gross margin 2024: € 259,079 ▲ 23% vs 2023 (€ 211,136) Favourable step	€ 265,848 Gross margin 2025: € 265,848 ▲ 3% vs 2024 (€ 259,079) Favourable step	▲ 3%
Profit after taxes	€ 71,299 Profit after taxes 2022: € 71,299 First fiscal year in the series	€ 63,378 Profit after taxes 2023: € 63,378 ▼ 11% vs 2022 (€ 71,299) Unfavourable step	€ 96,108 Profit after taxes 2024: € 96,108 ▲ 52% vs 2023 (€ 63,378) Favourable step	€ 103,990 Profit after taxes 2025: € 103,990 ▲ 8% vs 2024 (€ 96,108) Favourable step	▲ 8%
Equity	€ 506,752 Equity 2022: € 506,752 First fiscal year in the series	€ 506,288 Equity 2023: € 506,288 Unchanged (€ 506,752) Unfavourable step	€ 568,962 Equity 2024: € 568,962 ▲ 12% vs 2023 (€ 506,288) Favourable step	€ 659,795 Equity 2025: € 659,795 ▲ 16% vs 2024 (€ 568,962) Favourable step	▲ 16%
Total debts	€ 280,244 Total debts 2022: € 280,244 First fiscal year in the series	€ 234,192 Total debts 2023: € 234,192 ▼ 16% vs 2022 (€ 280,244) Favourable step	€ 172,930 Total debts 2024: € 172,930 ▼ 26% vs 2023 (€ 234,192) Favourable step	€ 184,311 Total debts 2025: € 184,311 ▲ 7% vs 2024 (€ 172,930) Unfavourable step	▲ 7%
Cash	€ 217,465 Cash 2022: € 217,465 First fiscal year in the series	€ 100,058 Cash 2023: € 100,058 ▼ 54% vs 2022 (€ 217,465) Unfavourable step	€ 199,207 Cash 2024: € 199,207 ▲ 99% vs 2023 (€ 100,058) Favourable step	€ 330,244 Cash 2025: € 330,244 ▲ 66% vs 2024 (€ 199,207) Favourable step	▲ 66%
Land & buildings	€ 379,960 Land & buildings 2022: € 379,960 First fiscal year in the series	€ 364,978 Land & buildings 2023: € 364,978 ▼ 4% vs 2022 (€ 379,960) Unchanged	€ 355,269 Land & buildings 2024: € 355,269 ▼ 3% vs 2023 (€ 364,978) Unchanged	€ 334,713 Land & buildings 2025: € 334,713 ▼ 6% vs 2024 (€ 355,269) Unchanged	▼ 6%
Retained profit	€ 486,752 Retained profit 2022: € 486,752 First fiscal year in the series	€ 486,288 Retained profit 2023: € 486,288 Unchanged (€ 486,752) Unfavourable step	€ 548,962 Retained profit 2024: € 548,962 ▲ 13% vs 2023 (€ 486,288) Favourable step	€ 639,795 Retained profit 2025: € 639,795 ▲ 17% vs 2024 (€ 548,962) Favourable step	▲ 17%
Dividend	€ 15,789 Dividend 2022: € 15,789 First fiscal year in the series	€ 60,750 Dividend 2023: € 60,750 ▲ 285% vs 2022 (€ 15,789) Unchanged	€ 31,579 Dividend 2024: € 31,579 ▼ 48% vs 2023 (€ 60,750) Unchanged	€ 13,158 Dividend 2025: € 13,158 ▼ 58% vs 2024 (€ 31,579) Unchanged	▼ 58%
Bank debt	€ 210,508 Bank debt 2022: € 210,508 First fiscal year in the series	€ 174,484 Bank debt 2023: € 174,484 ▼ 17% vs 2022 (€ 210,508) Favourable step	€ 136,023 Bank debt 2024: € 136,023 ▼ 22% vs 2023 (€ 174,484) Favourable step	€ 110,255 Bank debt 2025: € 110,255 ▼ 19% vs 2024 (€ 136,023) Favourable step	▼ 19%
Balance sheet total	€ 786,997 Balance sheet total 2022: € 786,997 First fiscal year in the series	€ 740,480 Balance sheet total 2023: € 740,480 ▼ 6% vs 2022 (€ 786,997) Unchanged	€ 741,892 Balance sheet total 2024: € 741,892 Unchanged (€ 740,480) Unchanged	€ 844,105 Balance sheet total 2025: € 844,105 ▲ 14% vs 2024 (€ 741,892) Unchanged	▲ 14%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	-	-

Key figures of M.CV.S., 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 M.CV.S.?

What happened at M.CV.S. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 25, 2026 New annual accounts for financial year 2025: profit of € 103,990 (▲ 8% vs 2024). Source: NBB ↗
2001 Patrick Massoels became a director. NBB
Dec 14, 2000 New establishment in Wellen. KBO
Oct 26, 2000 Start of the company according to the CBE. KBO

In short

From € 71,299 profit in 2022 to € 103,990 profit in 2025.

Paid € 132,257 in corporate taxes since 2022.

Best year ever: 2025, with € 103,990 profit.

On average € 211,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Patrick Massoels

M.CV.S.

Behind M.CV.S. is Patrick Massoels.

Directors

According to the 2025 annual accounts

Patrick Massoels

Director

since 2001

Establishments

Establishment units

Physical locations of this company

Registered office

Daalstraat 25

3830 Wellen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.135.514

VAT number

BE 0473.135.514

Registered office

Daalstraat 25, 3830 Wellen

Names & denominations

M.CV.S.

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 October 2000

Peppol

Active · Active since 15 Oct 2025

Activities · NACE

Sanitaire werkzaamheden

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View on CBE Public ↗ Annual accounts (NBB) ↗

M.CV.S.

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Financials

What happened to M.CV.S.?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions