DE MOERVAART
ActiveDE MOERVAART has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559k and a net result of €-76k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 42% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-46
Solvency57▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.21 in 2024; short-term debt: 52.1% and cash: 4.1% of total assets), and 67.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-76k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
6 d early
2023
15 d early
2022
31 d early
2021
11 d early
2020
39 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€559k▼ 11.9%
2024 · €635k
2018: €647k
2019: €632k
2020: €643k
2021: €650k
2022: €668k
2023: €682k
2024: €635k
2018 → 2025
Total assets
€1.73M▲ 28.0%
2024 · €1.35M
2018: €947k
2019: €909k
2020: €929k
2021: €939k
2022: €984k
2023: €1.15M
2024: €1.35M
2018 → 2025
Net result
€-76k▼ 59.5%
2024 · €-47k
2018: €192k
2019: €-15k
2020: €11k
2021: €7k
2022: €18k
2023: €14k
2024: €-47k
2018 → 2025
Working capital
€-826k▼ 133%
2024 · €-354k
2018: €778k
2019: €768k
2020: €771k
2021: €507k
2022: €411k
2023: €-117k
2024: €-354k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€650k-€668k▲ 2.7%€682k▲ 2.1%€635k▼ 7.0%€559k▼ 11.9%
Operating result€9k-€26k▲ 174%€21k▼ 18.2%€-46k€-75k▼ 61.4%
Net result€7k-€18k▲ 142%€14k▼ 22.4%€-47k€-76k▼ 59.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €75k in 2025 against €46k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets
€1.66M▲ 31.5%
Current assets
€77k▼ 18.1%
Equity and liabilities €1.73M
Equity
€559k▼ 11.9%
Debt
€1.18M▲ 63.3%
The debt ratio rises from 53.2% to 67.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2024 · €7k
Cash flow
€-8k▼
2024 · €5k
Solvency
32.2%▼
2024 · 46.8%
Current ratio
0.09▼
2024 · 0.21
Quick ratio
0.09▼
2024 · 0.21
Debt / equity
2.10▲
2024 · 1.13
ROE
-13.5%▼
2024 · -7.5%
ROA
-4.4%▼
2024 · -3.5%
Interest coverage
-6.76▼
2024 · 5.35
Debt
€1.18M▲
2024 · €720k
Debt ≤ 1 year
€904k▲
2024 · €448k
Debt > 1 year
€270k=
2024 · €270k
Income taxes
€13▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.35M€1.73M▲
Fixed assets21/28€1.26M€1.66M▲
Tangible fixed assets22/27€1.26M€1.66M▲
Land and buildings22€1.26M€1.66M▲
Plant, machinery and equipment23€0-
Financial fixed assets28€1k€1k=
Current assets29/58€94k€77k▼
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€2k€858▼
Other amounts receivable41€110€346▲
Cash at bank and in hand54/58€72k€71k▼
Deferred charges and accrued income490/1€21k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.73M▲
Equity10/15€635k€559k▼
Contributions10/11€32k€32k=
Reserves13€650k€650k=
Distributable reserves133€650k€650k=
Profit (loss) carried forward14€-47k€-123k▼
Amounts payable17/49€720k€1.18M▲
Amounts payable after more than one year17€270k€270k=
Financial debts170/4€270k€270k=
Amounts payable within one year42/48€448k€904k▲
Trade debts44€27k€53k▲
Suppliers440/4€27k€53k▲
Taxes, remuneration and social security45€7k€7k=
Taxes450/3€7k€7k=
Other amounts payable47/48€415k€844k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€67k▲
Other operating charges640/8€7k€7k▲
Gross operating margin9900€13k€240▼
Operating profit (loss)9901€-46k€-75k▼
Financial income75/76B€37€47▲
Recurring financial income75€37€47▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-47k€-76k▼
Income taxes67/77€0€13▲
Profit (loss) for the period9904€-47k€-76k▼
Profit (loss) for the period to be appropriated9905€-47k€-76k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-123k▼
Profit (loss) brought forward from the previous period14P-€-47k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 5current ratio 137.35
Current ratio from 28.82 to 137.35; short-term debt falls from €28k to €6k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Lochristi · 1 establishment unit since 1994
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.
Meersstraat 509185 LochristiGround area
1,640 m²
Building footprint
472 m²
Volume, LiDAR
3,215 m³
Parcel 44073D0717/00L000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE MOERVAART NV
since 19942.102.935.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44073D0717/00L000 | Flanders | 1,640 m² | 1 · 472 m² | 8.2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 248 EUR awarded · 248 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 248 EUR | 248 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
ECOSPHERE HOME
BE 0763.885.391
Charleroi · Eq €558k
HIGH LIFT
BE 0841.412.642
Braives · Eq €561k
M Technologies Belux
BE 0869.518.688
Merelbeke-Melle · Eq €564k
EELEN
BE 0879.922.137
Kasterlee · Eq €564k
Powerplay
BE 0882.938.243
Gent · Eq €568k
Of 1,075 companies in sector 46140 we hold annual accounts for 644. 443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-1994
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
70111
68121Development of residential building projects
46630Wholesale trade
64200Holdings
64210Activities of holding companies
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.