What does MVB PROJECT do?

MVB PROJECT is a bar in Oostende. Private Limited, started on 7 February 2020, 2 establishments.

What is the address of MVB PROJECT?

The registered office of MVB PROJECT is located at Vlaanderenstraat 23, 8400 Oostende.

Is MVB PROJECT still active?

Yes. According to the CBE (31 October 2026) MVB PROJECT is active, legal situation “Normale toestand”, started on 7 February 2020.

Is MVB PROJECT registered on Peppol?

Yes, MVB PROJECT is registered on the Peppol network with ID 0208:0743401862.

What is the enterprise number of MVB PROJECT?

The enterprise number of MVB PROJECT is BE0743401862.

When was MVB PROJECT founded?

MVB PROJECT was founded on 7 February 2020.

Who are the directors of MVB PROJECT?

According to the 2025 annual accounts, the directors of MVB PROJECT are: Kjell Missinne.

Is MVB PROJECT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 February 2020; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did MVB PROJECT make in 2025?

MVB PROJECT posted a profit after taxes of € 88,263 in financial year 2025.

What is the revenue of MVB PROJECT?

As a small company, MVB PROJECT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 175,357.

MVB PROJECT (Private Limited) - Oostende - BE0743401862

Dossier MVB PROJECT, printed on 31 October 2026 from databakkes.be/en/0743401862/mvb-project. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MVB PROJECT from Oostende, company number BE0743401862, closed financial year 2025 with a result of € 88,263 after tax. For that financial year MVB PROJECT recorded a gross margin of € 175,357 and equity of € 195,746. Compared with financial year 2024, the result moved from € 87,169 to € 88,263. 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 August 25, 2026.

What it is worth Growing

€ 195,746

▲ 82% vs 2024

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

Profit Growing

€ 88,263

▲ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 185,316

▲ 60% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 185,746.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 26,772

▼ 10% 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

€ 9,355

▲ € 9,082 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 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.

€ 16,091

▼ 21% vs 2024

€ 6,113 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 47,685

▲ 25% vs 2024

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

Taxes

€ 52,066

▲ 27% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 31,953 Gross margin 2022: € 31,953 First fiscal year in the series	€ 35,261 Gross margin 2023: € 35,261 ▲ 10% vs 2022 (€ 31,953) Favourable step	€ 194,516 Gross margin 2024: € 194,516 ▲ € 159,255 vs 2023 (€ 35,261) Favourable step	€ 175,357 Gross margin 2025: € 175,357 ▼ 10% vs 2024 (€ 194,516) Unfavourable step	▼ 10%
Profit after taxes	€ 8,471 Profit after taxes 2022: € 8,471 First fiscal year in the series	€ 10,313 Profit after taxes 2023: € 10,313 ▲ 22% vs 2022 (€ 8,471) Favourable step	€ 87,169 Profit after taxes 2024: € 87,169 ▲ € 76,856 vs 2023 (€ 10,313) Favourable step	€ 88,263 Profit after taxes 2025: € 88,263 ▲ 1% vs 2024 (€ 87,169) Favourable step	▲ 1%
Equity	€ 26,526 Equity 2022: € 26,526 First fiscal year in the series	€ 36,840 Equity 2023: € 36,840 ▲ 39% vs 2022 (€ 26,526) Favourable step	€ 107,483 Equity 2024: € 107,483 ▲ 192% vs 2023 (€ 36,840) Favourable step	€ 195,746 Equity 2025: € 195,746 ▲ 82% vs 2024 (€ 107,483) Favourable step	▲ 82%
Total debts	€ 85,450 Total debts 2022: € 85,450 First fiscal year in the series	€ 99,326 Total debts 2023: € 99,326 ▲ 16% vs 2022 (€ 85,450) Unfavourable step	€ 103,283 Total debts 2024: € 103,283 ▲ 4% vs 2023 (€ 99,326) Unfavourable step	€ 120,503 Total debts 2025: € 120,503 ▲ 17% vs 2024 (€ 103,283) Unfavourable step	▲ 17%
Cash	€ 26,138 Cash 2022: € 26,138 First fiscal year in the series	€ 63,814 Cash 2023: € 63,814 ▲ 144% vs 2022 (€ 26,138) Favourable step	€ 115,578 Cash 2024: € 115,578 ▲ 81% vs 2023 (€ 63,814) Favourable step	€ 185,316 Cash 2025: € 185,316 ▲ 60% vs 2024 (€ 115,578) Favourable step	▲ 60%
Retained profit	€ 16,526 Retained profit 2022: € 16,526 First fiscal year in the series	€ 26,840 Retained profit 2023: € 26,840 ▲ 62% vs 2022 (€ 16,526) Favourable step	€ 97,483 Retained profit 2024: € 97,483 ▲ 263% vs 2023 (€ 26,840) Favourable step	€ 185,746 Retained profit 2025: € 185,746 ▲ 91% vs 2024 (€ 97,483) Favourable step	▲ 91%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 16,526 Dividend 2024: € 16,526 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 16,526) Unchanged	▼ 100%
Bank debt	€ 25,114 Bank debt 2022: € 25,114 First fiscal year in the series	€ 19,442 Bank debt 2023: € 19,442 ▼ 23% vs 2022 (€ 25,114) Favourable step	€ 20,399 Bank debt 2024: € 20,399 ▲ 5% vs 2023 (€ 19,442) Unfavourable step	€ 16,091 Bank debt 2025: € 16,091 ▼ 21% vs 2024 (€ 20,399) Favourable step	▼ 21%
Balance sheet total	€ 111,977 Balance sheet total 2022: € 111,977 First fiscal year in the series	€ 136,166 Balance sheet total 2023: € 136,166 ▲ 22% vs 2022 (€ 111,977) Unchanged	€ 210,766 Balance sheet total 2024: € 210,766 ▲ 55% vs 2023 (€ 136,166) Unchanged	€ 316,248 Balance sheet total 2025: € 316,248 ▲ 50% vs 2024 (€ 210,766) Unchanged	▲ 50%

Key figures of MVB 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 MVB PROJECT?

What happened at MVB PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2026 New annual accounts for financial year 2025: profit of € 88,263 (▲ 1% vs 2024). filed late Source: NBB ↗
2024 Kjell Missinne became a director. NBB
Feb 7, 2020 New establishment in Oostende. KBO
Feb 7, 2020 New establishment in Gistel. KBO
Feb 7, 2020 Start of the company according to the CBE. KBO

In short

From € 8,471 profit in 2022 to € 88,263 profit in 2025.

Paid € 91,014 in corporate taxes since 2022.

Best year ever: 2025, with € 88,263 profit.

Paid out € 16,526 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Kjell Missinne

MVB PROJECT

Behind MVB PROJECT is Kjell Missinne.

Directors

According to the 2025 annual accounts

Kjell Missinne

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Vlaanderenstraat 23

8400 Oostende

2.299.236.926

Hoogstraat 11

8470 Gistel

Active since 7 February 2020

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Exploitatie Van Cinema's Oostende

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

Details

Company number

0743.401.862

VAT number

BE 0743.401.862

Registered office

Vlaanderenstraat 23, 8400 Oostende

Names & denominations

MVB PROJECT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 February 2020

Peppol

Active · Active since 5 Jan 2026

Activities · NACE

Cafés en bars

Loterijen en kansspelen

Eetgelegenheden met beperkte bediening

Exploitatie van snooker- en biljartenzalen

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Exploitatie van snooker- en biljartzalen

View on CBE Public ↗ Annual accounts (NBB) ↗

MVB PROJECT

Financials

What happened to MVB PROJECT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions