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 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MVP² from Elsene, company number BE0870342891, closed financial year 2025 with a result of € 48,393 after tax. For that financial year MVP² recorded a gross margin of € 159,548 and equity of € 380,862. Compared with financial year 2024, the result moved from € 87,813 to € 48,393. 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 February 17, 2026.
€ 380,862
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,393
▼ 45% vs 2024
Profit after tax over the fiscal year.
€ 120,698
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 53,778 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 110,541
▲ 151% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,784
▼ 48% vs 2024
Loans from banks and other lenders, long and short.
€ 4,281
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,800
▲ 160% 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 | € 195,585 | € 295,330 | € 192,366 | € 159,548 | ▼ 17% |
| Profit after taxes | € 95,400 | € 155,406 | € 87,813 | € 48,393 | ▼ 45% |
| Equity | € 426,178 | € 413,984 | € 386,248 | € 380,862 | ▼ 1% |
| Total debts | € 355,502 | € 419,637 | € 398,554 | € 404,800 | ▲ 2% |
| Cash | € 177,310 | € 187,932 | € 187,922 | € 120,698 | ▼ 36% |
| Land & buildings | € 137,800 | € 127,200 | € 116,600 | € 133,186 | ▲ 14% |
| Retained profit | € 264,178 | € 406,984 | € 379,248 | € 373,862 | ▼ 1% |
| Dividend | € 1,600 | € 12,600 | € 115,550 | € 53,778 | ▼ 53% |
| Bank debt | € 75,144 | € 58,306 | € 39,681 | € 20,784 | ▼ 48% |
| Balance sheet total | € 781,680 | € 833,621 | € 784,802 | € 785,662 |
Key figures of MVP², fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MVP²?
What happened at MVP² in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,393 (▼ 45% vs 2024). filed late Source: NBB ↗
- Catherine Thieltgen became a director. NBB
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 95,400 profit in 2022 to € 48,393 profit in 2025.
Paid € 141,404 in corporate taxes since 2022.
Best year ever: 2023, with € 155,406 profit.
Paid out € 183,528 in dividends to the owners in total.
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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 MVP² are Marcellus Van Pul and Catherine Thieltgen.
Directors
According to the 2025 annual accounts
Marcellus Van Pul
Director
Catherine Thieltgen
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Louizalaan 428-430 box 4
1050 Elsene
Liefkensstraat 29
3090 Overijse
Active since 23 December 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
maruanimercier.com
Registered
2016-11-29
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-11-29
Website info
Features
Security
Details
- Company number
- 0870.342.891
- VAT number
- BE 0870.342.891
- Registered office
- Louizalaan 428-430 bus 4, 1050 Elsene
- Names & denominations
- MVP²
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2004
- Peppol
- Active · Active since 29 Oct 2025
- Contact
- maruanimercier.com
- Activities · NACE
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