Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MPV Projects from Brugge, company number BE0740925689, closed financial year 2025 with a result of € 490 after tax. For that financial year MPV Projects recorded a gross margin of € 10,403 and equity of € 1,990. Compared with financial year 2024, the result moved from € 34,543 to € 490. The company is profitable. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 1,990
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 490
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 7,319
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9,685 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 11,654
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,595
▼ 24% vs 2024
€ 11,112 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,100
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,421 | € -14,793 | € 54,504 | € 10,403 | ▼ 81% |
| Profit after taxes | € 20,555 | € -20,977 | € 34,543 | € 490 | ▼ 99% |
| Equity | € -2,380 | € -23,357 | € 11,185 | € 1,990 | ▼ 82% |
| Total debts | € 69,857 | € 118,669 | € 73,679 | € 59,956 | ▼ 19% |
| Cash | € 21,148 | € 6,198 | € 11,055 | € 7,319 | ▼ 34% |
| Retained profit | € -3,880 | € -24,857 | € 9,685 | € 490 | ▼ 95% |
| Dividend | € 0 | € 0 | € 0 | € 9,685 | |
| Bank debt | € 55,847 | € 49,214 | € 54,378 | € 41,595 | ▼ 24% |
| Balance sheet total | € 67,477 | € 95,311 | € 84,864 | € 61,946 | ▼ 27% |
Key figures of MPV Projects, 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 MPV Projects?
What happened at MPV Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 490 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,555 profit in 2022 to € 490 profit in 2025.
Paid € 15,970 in corporate taxes since 2022.
Best year ever: 2024, with € 34,543 profit.
Paid out € 9,685 in dividends to the owners in total.
A new publication or filing at MPV Projects? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MPV Projects are Elke Houf and Matthias Peere.
Directors
According to the 2025 annual accounts
Elke Houf
Director
Matthias Peere
Director
Establishments
Establishment units
Physical locations of this company
Chrysantstraat 10
8310 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0740.925.689
- VAT number
- BE 0740.925.689
- Registered office
- Chrysantstraat 10, 8310 Brugge
- Names & denominations
- MPV Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2020
- Peppol
- Active · Active since 7 Aug 2025
- Contact
- [email protected]
- Activities · NACE
Algemene reiniging van gebouwen
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Schilderen van gebouwen
Schilderen van civieltechnische werken
Dakwerkzaamheden
Algemene elektrotechnische installatiewerken
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