M&V Containers
ActiveSummary
M&V Containers has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.22M and a net result of €-62k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability13▼-59
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 6.54 against 6.91 in 2023; short-term debt: 11.5% and cash: 58.1% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.5%
Return on assets
-4.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
27 d late
2022
29 d late
2021
30 d late
2020
23 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.22M▼ 4.8%
2023 · €1.28M
2018: €697k
2019: €800k
2020: €1,000k
2021: €1.20M
2022: €1.25M
2023: €1.28M
2018 → 2024
Total assets
€1.38M▼ 4.1%
2023 · €1.44M
2018: €1.14M
2019: €1.03M
2020: €1.18M
2021: €1.34M
2022: €1.44M
2023: €1.44M
2018 → 2024
Net result
€-62k
2023 · €34k
2018: €96k
2019: €103k
2020: €200k
2021: €196k
2022: €54k
2023: €34k
2018 → 2024
Working capital
€878k▼ 4.2%
2023 · €916k
2018: €204k
2019: €319k
2020: €548k
2021: €778k
2022: €857k
2023: €916k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1,000k-€1.20M▲ 19.6%€1.25M▲ 4.5%€1.28M▲ 2.8%€1.22M▼ 4.8%
Operating result€273k-€254k▼ 6.9%€74k▼ 70.9%€46k▼ 37.5%€-62k
Net result€200k-€196k▼ 1.8%€54k▼ 72.4%€34k▼ 36.6%€-62k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €62k after €46k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.38M
Fixed assets
€345k ▼ 6.5%
Current assets
€1.04M ▼ 3.3%
Equity and liabilities €1.38M
Equity
€1.22M ▼ 4.8%
Debt
€158k ▲ 2.2%
Debt's share of the balance-sheet total rises from 10.8% to 11.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-38k▼
2023 · €71k
Cash flow
€-38k▼
2023 · €59k
Current ratio
6.54▼
2023 · 6.91
Debt to equity
0.13▲
2023 · 0.12
ROE
-5.1%▼
2023 · 2.7%
ROA
-4.5%▼
2023 · 2.4%
Interest coverage
-227.98▼
2023 · 322.20
Debt ≤ 1 year
€158k▲
2023 · €155k
Income taxes
€0▼
2023 · €12k
Staff costs
€191k▼
2023 · €203k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.44M€1.38M▼
Fixed assets21/28€369k€345k▼
Tangible fixed assets22/27€368k€344k▼
Land and buildings22€368k€344k▼
Furniture and vehicles24€0-
Financial fixed assets28€770€770=
Current assets29/58€1.07M€1.04M▼
Amounts receivable within one year40/41€241k€234k▼
Trade receivables40€169k€176k▲
Other amounts receivable41€71k€58k▼
Cash at bank and in hand54/58€831k€803k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.38M▼
Equity10/15€1.28M€1.22M▼
Contributions10/11€20k€20k=
Reserves13€1.26M€1.20M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.26M€1.20M▼
Amounts payable17/49€155k€158k▲
Amounts payable within one year42/48€155k€158k▲
Trade debts44€121k€120k▼
Suppliers440/4€121k€120k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€32k€38k▲
Taxes450/3€3k€0▼
Remuneration and social security454/9€30k€38k▲
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€203k€191k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€12k€8k▼
Gross operating margin9900€286k€161k▼
Operating profit (loss)9901€46k€-62k▼
Financial income75/76B€39€222▲
Recurring financial income75€39€222▲
Financial charges65/66B€220€168▼
Recurring financial charges65€220€168▼
Profit (loss) for the period before taxes9903€46k€-62k▼
Income taxes67/77€12k€0▼
Profit (loss) for the period9904€34k€-62k▼
Profit (loss) for the period to be appropriated9905€34k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-62k▼
Transfer from equity791/2-€62k
Transfer to equity691/2€34k€0▼
To other reserves6921€34k€0▼
Social balance
Average headcount (FTE)90874.43.8▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet €-62k ▼281%
Net result drops to €-62k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Equity above €1MEq €1.20M ▲19.6%
4 profitable years in a row build equity to €1.20M.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €200k ▲94.1%
Operating result €273k, net result €200k, both a record.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gaverstraat(Ove) 359500 GeraardsbergenGround area
766 m²
Building footprint
337 m²
Volume, LiDAR
2,471 m³
Parcel 41056B0251/00G002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M&V Containers
since 20082.172.295.105
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41056B0251/00G002 | Flanders | 766 m² | 1 · 337 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Raw Materials
BE 0892.162.250
Brussel · Eq €1.22M
ETABLISSEMENTEN LAPIN
BE 0421.598.523
Merelbeke-Melle · Eq €1.24M
G.B.S. RECYCLING
BE 0749.646.385
Zottegem · Eq €1.27M
RANGOLEE
BE 0478.317.688
Antwerpen · Eq €1.28M
Vanhoucke Ignace
BE 0599.974.395
Sombreffe · Eq €1.44M
Of 126 companies in sector 46879 we hold annual accounts for 58. 38 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
38110Waste collection, recovery and disposal activities
46879Wholesale trade
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.