Financials
Financial year 2025
MVC from Wielsbeke, company number BE0717825635, closed financial year 2025 with a result of € 120,155 after tax. For that financial year MVC recorded a gross margin of € 179,457 and equity of € 298,573. Compared with financial year 2024, the result moved from € 73,203 to € 120,155. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 25, 2026.
€ 298,573
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,155
▲ 64% vs 2024
Profit after tax over the fiscal year.
€ 168,093
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,155 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 20,108
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 75,000
Loans from banks and other lenders, long and short.
€ 57,733
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,134 | € 52,148 | € 122,274 | € 179,457 | ▲ 47% |
| Profit after taxes | € 52,069 | € 35,828 | € 73,203 | € 120,155 | ▲ 64% |
| Equity | € 174,807 | € 334,401 | € 298,573 | € 298,573 | |
| Total debts | € 146,779 | € 158,342 | € 280,079 | € 347,624 | ▲ 24% |
| Cash | € 110,095 | € 113,076 | € 122,942 | € 168,093 | ▲ 37% |
| Land & buildings | € 135,623 | € 249,114 | € 270,908 | € 265,519 | ▼ 2% |
| Retained profit | € 87,951 | € 123,779 | € 87,951 | € 87,951 | |
| Dividend | € 0 | € 0 | € 109,031 | € 120,155 | ▲ 10% |
| Bank debt | € 75,000 | € 75,000 | € 75,000 | € 75,000 | |
| Balance sheet total | € 321,586 | € 492,743 | € 578,652 | € 646,197 | ▲ 12% |
Key figures of MVC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MVC?
What happened at MVC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 120,155 (▲ 64% vs 2024). Source: NBB ↗
- Michiel VINDEVOGEL became a director. NBB
- New establishment in Wielsbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,069 profit in 2022 to € 120,155 profit in 2025.
Paid € 81,211 in corporate taxes since 2022.
Best year ever: 2025, with € 120,155 profit.
Paid out € 229,185 in dividends to the owners in total.
Management
Behind MVC is Michiel VINDEVOGEL.
Directors
According to the 2025 annual accounts
Michiel VINDEVOGEL
Administrator-manager
since 2019
Establishments
Establishment units
Physical locations of this company
Heirweg 112
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.825.635
- VAT number
- BE 0717.825.635
- Registered office
- Heirweg 112, 8710 Wielsbeke
- Names & denominations
- MVC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2019
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Groothandel in andere intermediaire producten, neg
Groothandel in andere intermediaire producten, n.e.g.