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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAVOR from Wuustwezel, company number BE0866269485, closed financial year 2025 with a result of € 209,909 after tax. For that financial year MAVOR recorded a gross margin of € -101,114 and equity of € 6.3 million. Compared with financial year 2024, the result moved from € 814,581 to € 209,909. The company is profitable. 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 June 15, 2026.
€ 6.3 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,909
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 84,359
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 8,855
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▲ 121% vs 2024
€ 84,613 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 9,474
▲ 209% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 173,275
▲ 103% 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 | € 27,611 | € 23,977 | € 35,943 | € -101,114 | ▼ € 137,057 |
| Profit after taxes | € 388,001 | € 11,414 | € 814,581 | € 209,909 | ▼ 74% |
| Equity | € 7,744,377 | € 7,705,791 | € 8,020,372 | € 6,304,165 | ▼ 21% |
| Total debts | € 983,915 | € 742,421 | € 694,171 | € 2,985,680 | ▲ € 2.3 million |
| Cash | € 207,152 | € 107,642 | € 141,257 | € 84,359 | ▼ 40% |
| Land & buildings | € 781,367 | € 968,090 | € 1,180,471 | € 1,808,264 | ▲ 53% |
| Retained profit | € 4,024,177 | € 4,035,591 | € 4,850,172 | € 3,304,165 | ▼ 32% |
| Dividend | € 0 | € 0 | € 0 | € 1,755,916 | |
| Bank debt | € 758,680 | € 676,348 | € 593,262 | € 1,309,416 | ▲ 121% |
| Balance sheet total | € 8,728,293 | € 8,448,213 | € 8,714,544 | € 9,289,845 | ▲ 7% |
Key figures of MAVOR, 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 MAVOR?
What happened at MAVOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 209,909 (▼ 74% vs 2024). Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
- Mark Vorsselmans became a director. NBB
In short
From € 388,001 profit in 2022 to € 209,909 profit in 2025.
Paid € 145,251 in corporate taxes since 2022.
Best year ever: 2024, with € 814,581 profit.
Paid out € 1.8 million in dividends to the owners in total.
A new publication or filing at MAVOR? 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 MAVOR is Mark Vorsselmans. It owns 75% of Vornex itself.
Directors
According to the 2025 annual accounts
Mark Vorsselmans
Director
Also active at: FORMEX VASTGOED, VORSSELMANS, VORSSELMANS MONTAGEBEDRIJF, COMAVOR, VORSSELMANS SOLAR, VORNEX
since 2004
Establishments
Establishment units
Physical locations of this company
Tereik 37
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.269.485
- VAT number
- BE 0866.269.485
- Registered office
- Tereik 37, 2990 Wuustwezel
- Names & denominations
- MAVOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2004
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
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