Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MFV FACTORY from Assesse, company number BE0778334532, closed financial year 2024 with a result of € 820 after tax. For that financial year MFV FACTORY recorded a gross margin of € 37,460 and equity of € -6,317. Compared with financial year 2023, the result moved from € -6,135 to € 820. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2025.
€ -6,317
▲ € 820 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 820
▲ still € 6,135 loss in 2023
Profit after tax over the fiscal year.
€ 3,519
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -12,317.
Debts at end 2024
€ 530,993
▼ 1% vs 2023
€ 18,903 is repaid this year. At this pace the long-term loan is gone in ≈ 28 years.
€ 2,729
▼ 71% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -2,877 | € 12,330 | € 37,460 | ▲ 204% |
| Profit after taxes | € -7,002 | € -6,135 | € 820 | ▲ € 6,956 |
| Equity | € -1,002 | € -7,138 | € -6,317 | ▲ € 820 |
| Total debts | € 215,235 | € 545,969 | € 533,956 | ▼ 2% |
| Cash | € 4,985 | € 8,728 | € 3,519 | ▼ 60% |
| Land & buildings | € 208,263 | € 529,620 | € 524,120 | ▼ 1% |
| Retained profit | € -7,002 | € -13,138 | € -12,317 | ▲ € 820 |
| Bank debt | € 215,000 | € 536,408 | € 530,993 | ▼ 1% |
| Balance sheet total | € 214,232 | € 538,831 | € 527,639 | ▼ 2% |
Key figures of MFV FACTORY, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MFV FACTORY?
What happened at MFV FACTORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 820. Source: NBB ↗
- New establishment in Assesse. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,002 loss in 2022 to € 820 profit in 2024.
Best year ever: 2024, with € 820 profit.
Establishments
Establishment units
Physical locations of this company
Rue Saint-Denys(Sart-B.) 19
5330 Assesse
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.334.532
- VAT number
- BE 0778.334.532
- Registered office
- Rue Saint-Denys(Sart-B.) 19, 5330 Assesse
- Names & denominations
- MFV FACTORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2021
- Peppol
- Active · Active since 27 Jan 2026
- Contact
- [email protected] +32476306873
- Activities · NACE
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