Financials
Financial year 2025
MV PROJECT from Ichtegem, company number BE0502315686, closed financial year 2025 with a result of € 40,619 after tax. For that financial year MV PROJECT recorded a gross margin of € 81,633 and equity of € 179,341. Compared with financial year 2024, the result moved from € 32,848 to € 40,619. 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 July 20, 2026.
€ 179,341
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,619
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 101,019
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,277 paid out
25 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 17,723
▲ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33,447
▼ 34% vs 2024
€ 18,647 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 11,816
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,887
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,465 | € 41,434 | € 71,993 | € 81,633 | ▲ 13% |
| Profit after taxes | € 29,624 | € 10,753 | € 32,848 | € 40,619 | ▲ 24% |
| Equity | € 139,049 | € 148,136 | € 148,998 | € 179,341 | ▲ 20% |
| Total debts | € 141,239 | € 118,990 | € 85,429 | € 82,738 | ▼ 3% |
| Cash | € 100,826 | € 96,276 | € 80,047 | € 101,019 | ▲ 26% |
| Retained profit | € 126,649 | € 135,736 | € 136,598 | € 166,941 | ▲ 22% |
| Dividend | € 1,600 | € 1,666 | € 31,986 | € 10,277 | ▼ 68% |
| Bank debt | € 91,702 | € 69,028 | € 50,462 | € 33,447 | ▼ 34% |
| Balance sheet total | € 280,288 | € 267,126 | € 234,427 | € 262,079 | ▲ 12% |
Key figures of MV PROJECT, 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 MV PROJECT?
What happened at MV PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,619 (▲ 24% vs 2024). Source: NBB ↗
- Veronique De Rudder became a director. NBB
- New establishment in Ichtegem. KBO
- Start of the company according to the CBE. KBO
- Mihai Barbat became a director. NBB
In short
From € 29,624 profit in 2022 to € 40,619 profit in 2025.
Paid € 48,651 in corporate taxes since 2022.
Best year ever: 2025, with € 40,619 profit.
Paid out € 45,528 in dividends to the owners in total.
Management
Behind MV PROJECT are Mihai Barbat and Veronique De Rudder.
Directors
According to the 2025 annual accounts
Mihai Barbat
Bestuurder
since 2013
Veronique De Rudder
Bestuurder
since 2022
Establishments
Establishment units
Physical locations of this company
Ganzestraat(EER) 20
8480 Ichtegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.315.686
- VAT number
- BE 0502.315.686
- Registered office
- Ganzestraat(EER) 20, 8480 Ichtegem
- Names & denominations
- MV PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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