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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
MV WORX from Lokeren, company number BE0799251492, closed financial year 2025 with a result of € -80,068 after tax. For that financial year MV WORX recorded a gross margin of € -63,921 and equity of € -136,051. Compared with financial year 2024, the result moved from € -77,493 to € -80,068. The company made a loss. 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 10, 2026.
€ -136,051
▼ € 80,069 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -80,068
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,365
▲ € 2,604 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -138,051.
People and assets in 2025
€ 1,363
▼ 67% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,076
▼ 22% vs 2024
€ 10,445 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,378
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,547
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 29,236 | € -62,986 | € -63,921 | ▼ € 935 |
| Profit after taxes | € 19,511 | € -77,493 | € -80,068 | ▼ € 2,575 |
| Equity | € 21,511 | € -55,982 | € -136,051 | ▼ € 80,069 |
| Total debts | € 75,510 | € 138,954 | € 231,330 | ▲ 66% |
| Cash | € 9,146 | € 762 | € 3,365 | ▲ € 2,604 |
| Retained profit | € 19,511 | € -57,982 | € -138,051 | ▼ € 80,069 |
| Bank debt | € 33,695 | € 25,602 | € 20,076 | ▼ 22% |
| Balance sheet total | € 97,021 | € 82,972 | € 95,279 | ▲ 15% |
Key figures of MV WORX, fiscal years 2023 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 WORX?
What happened at MV WORX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- New establishment in Lokeren. KBO
- Michel Van Der Vieren became a director. NBB
- Veronique De Leenheer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 19,511 profit in 2023 to € 80,069 loss in 2025.
Paid € 651 in corporate taxes since 2023.
Best year ever: 2023, with € 19,511 profit.
A new publication or filing at MV WORX? 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 MV WORX are Michel Van Der Vieren and Veronique De Leenheer. The same people are also behind CAR AND TRUCK SERVICE.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Sint-Jozefstraat 90
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.251.492
- VAT number
- BE 0799.251.492
- Registered office
- Sint-Jozefstraat 90, 9160 Lokeren
- Names & denominations
- MV WORX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2023
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Activiteiten van reisorganisatoren
Groothandel in aanhangwagens, opleggers en caravans
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en montage van specifieke auto-onderdelen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
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