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EASTMOVE

Active
Private limited companyfounded 20233 yrs activeWindmolenstraat 42, 2660 Antwerpen, BelgiumKBO/BCE: BE 0799.664.733
Summary

The computed 12-month bankruptcy probability of EASTMOVE is 4.1% (elevated). The 2024 annual accounts show equity of €2,747 and a net result of €11,410. Its solvency ranks better than 21% of 6718 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency33▲+33
Growth78
Track record94
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.05 against 0.5 in 2023; short-term debt: 92% and cash: 7.4% of total assets), and 92% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
8%
Return on assets
33%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 6718 sector peers (2024).
NBB · sector comparison
Position among 6718 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
48 d late
2023
76 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 62 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 March 2023, EASTMOVE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€2,747
2023 · -€8,664
Total assets
€34,526▲ 299%
2023 · €8,654
Net result
€11,410
2023 · -€11,664
Working capital
€1,632
2023 · -€8,664
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€11,570-€11,825
Net result-€11,664below the sector's middle half-€11,410within the sector's middle half
Equity-€8,664below the sector's middle half-€2,747below the sector's middle half
Total assets€8,654below the sector's middle half-€34,526below the sector's middle half▲ 299%
Debt€17,318-€31,780▲ 83.5%
Working capital-€8,664within the sector's middle half-€1,632within the sector's middle half
Solvency-100.1%below the sector's middle half-8.0%below the sector's middle half▲ 108.1pp
Current ratio0.50below the sector's middle half-1.05within the sector's middle half▲ 0.55
Return on assets (ROA)-134.8%below the sector's middle half-33.0%above the sector's middle half▲ 167.8pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2023: -€11,570-€11,570Net result 2023: -€11,664-€11,664Operating result 2024: €11,825€11,825Net result 2024: €11,410€11,41020232024-€20,000-€10,000€0€10,000Operating result 2023: -€11,570-€11,600Net result 2023: -€11,664-€11,700Operating result 2024: €11,825€11,800Net result 2024: €11,410€11,40020232024
The operating result returns to profit in 2024: €11,825 after a loss of €11,570 in 2023.
Balance-sheet composition
Assets €34,526
Fixed assets €1,115
Current assets €33,412
Equity and liabilities €34,526
Equity €2,747
Debt €31,780
Debt finances 92.0% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,950
Cash flow
€11,535
Debt to equity
11.57▲
2023 · -2.00
ROE
415.4%
Interest coverage
100.38
Debt ≤ 1 year
€31,780▲
2023 · €17,318
Income taxes
€305
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,654€34,526▲
Fixed assets21/28-€1,115
Tangible fixed assets22/27-€1,115
Furniture and vehicles24-€1,115
Current assets29/58€8,654€33,412▲
Amounts receivable within one year40/41€2,702€30,868▲
Trade receivables40€2,702€29,604▲
Other amounts receivable41-€1,264
Cash at bank and in hand54/58€4,954€2,544▼
Deferred charges and accrued income490/1€998-
Equity and liabilities
Total equity and liabilities10/49€8,654€34,526▲
Equity10/15-€8,664€2,747▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€11,664-€253▲
Amounts payable17/49€17,318€31,780▲
Amounts payable within one year42/48€17,318€31,780▲
Trade debts44€13,846€2,464▼
Suppliers440/4€13,846€2,464▼
Taxes, remuneration and social security45€3,472€5,334▲
Taxes450/3€3,472€5,334▲
Other amounts payable47/48-€23,982
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€125
Other operating charges640/8€472€2,299▲
Gross operating margin9900-€11,098€14,249▲
Operating profit (loss)9901-€11,570€11,825▲
Financial income75/76B€0€10▲
Recurring financial income75€0€10▲
Financial charges65/66B€94€119▲
Recurring financial charges65€94€119▲
Profit (loss) for the period before taxes9903-€11,664€11,716▲
Income taxes67/77-€305
Profit (loss) for the period9904-€11,664€11,410▲
Profit (loss) for the period to be appropriated9905-€11,664€11,410▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,664-€253▲
Profit (loss) brought forward from the previous period14P--€11,664

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€125-
Other operating charges640/8€472€2,299▲ 387%
Gross operating margin9900-€11,098€14,249▲ 228%
Operating profit (loss)9901-€11,570€11,825▲ 202%
Financial income75/76B€0€10▲ 99,900%
Recurring financial income75€0€10▲ 99,900%
Financial charges65/66B€94€119▲ 26.6%
Recurring financial charges65€94€119▲ 26.6%
Profit (loss) for the period before taxes9903-€11,664€11,716▲ 200%
Income taxes67/77-€305-
Profit (loss) for the period9904-€11,664€11,410▲ 198%
Profit (loss) for the period to be appropriated9905-€11,664€11,410▲ 198%
Line20232024Change
Assets
Total assets20/58€8,654€34,526▲ 299%
Fixed assets21/28-€1,115-
Tangible fixed assets22/27-€1,115-
Furniture and vehicles24-€1,115-
Current assets29/58€8,654€33,412▲ 286%
Amounts receivable within one year40/41€2,702€30,868▲ 1,043%
Trade receivables40€2,702€29,604▲ 996%
Other amounts receivable41-€1,264-
Cash at bank and in hand54/58€4,954€2,544▼ 48.7%
Deferred charges and accrued income490/1€998--
Equity and liabilities
Total equity and liabilities10/49€8,654€34,526▲ 299%
Equity10/15-€8,664€2,747▲ 132%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€11,664-€253▲ 97.8%
Amounts payable17/49€17,318€31,780▲ 83.5%
Amounts payable within one year42/48€17,318€31,780▲ 83.5%
Trade debts44€13,846€2,464▼ 82.2%
Suppliers440/4€13,846€2,464▼ 82.2%
Taxes, remuneration and social security45€3,472€5,334▲ 53.6%
Taxes450/3€3,472€5,334▲ 53.6%
Other amounts payable47/48-€23,982-
Line20232024Change
Profit (loss) for the period9904-€11,664€11,410▲ 198%
+ Depreciation and write-downs630-€125-
Operating cash flow (approximation)-€11,664€11,535▲ 199%
Change in cash--€2,410-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
17-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial Back to profitnet €11,410
Net result €11,410 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.05
Current ratio from 0.50 to 1.05.
15-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
193 m²
Building footprint
74 m²
Volume, LiDAR
458 m³
Parcel 11019B0260/00Z006, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EASTMOVE
Windmolenstraat 42, 2660 AntwerpenFreight transport by road
since 20232.342.898.111
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11019B0260/00Z006 Flanders 193 m² 1 · 74 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 999 companies in sector 49420 we hold annual accounts for 450. 124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
Contact
E-mail info@upendown.be
Phone 0486 930 366
E-invoicing
Reachable via Peppol
Peppol ID 0208:0799664733
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.