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Gorgan Move

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Private limited companyfounded 2023De Vunt 7, 3220 Holsbeek, BelgiumKBO/BCE: BE 0800.620.875
Summary

A bankruptcy procedure is open for Gorgan Move according to publications in the Belgian Official Gazette. The 2024 annual accounts show equity of €133,003 and a net result of €95,993.

Gorgan MoveOpen bankruptcy

Financials · financial year 2024, abbreviated format

2024 annual accounts filed late (201 days) Filed on 17 February 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00039959.

Turnover
€744,135▲ 3.6%
2023 · €718,607
EBIT margin
16.3%▲ 11.2pp
2023 · 5.1%
Net result
€95,993▲ 166%
2023 · €36,109
Working capital
€133,003▲ 364%
2023 · €28,661
Trend over the years

2023 to 2024, 2 financial years

The operating result rises in 2024; 2024 is over 3.3 times 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€744,135 2024 Operating result€121,325 2024 Net result€95,993 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20232024
Turnover€718,607-€744,135▲ 3.6%
Operating result€36,566-€121,325▲ 232%
Net result€36,109within the sector's middle half-€95,993within the sector's middle half▲ 166%
EBIT margin5.1%-16.3%▲ 11.2pp
Equity€37,009below the sector's middle half-€133,003below the sector's middle half▲ 259%
Total assets€130,280below the sector's middle half-€835,130within the sector's middle half▲ 541%
Debt€93,270-€702,127▲ 653%
Working capital€28,661within the sector's middle half-€133,003within the sector's middle half▲ 364%
Solvency28.4%within the sector's middle half-15.9%below the sector's middle half▼ 12.5pp
Current ratio1.31within the sector's middle half-1.19within the sector's middle half▼ 0.12
Return on assets (ROA)27.7%above the sector's middle half-11.5%above the sector's middle half▼ 16.2pp
Staff (FTE)0below the sector's middle half
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €835,130
Equity €133,003 ▲ 259%
Debt €702,127 ▲ 653%
Debt's share of the balance-sheet total rises from 71.6% to 84.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
5.28▲
2023 · 2.52
ROE
72.2%▼
2023 · 97.6%
Debt ≤ 1 year
€702,127▲
2023 · €93,270
Income taxes
€25,331
Staff costs
€123,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€130,280€835,130▲
Formation expenses20€1,598-
Fixed assets21/28€6,750-
Financial fixed assets28€6,750-
Current assets29/58€121,931€835,130▲
Amounts receivable within one year40/41€93,051€835,130▲
Trade receivables40€117€835,130▲
Other amounts receivable41€92,934-
Cash at bank and in hand54/58€28,880-
Equity and liabilities
Total equity and liabilities10/49€130,280€835,130▲
Equity10/15€37,009€133,003▲
Contributions10/11€900€900=
Capital10€900-
Issued capital100€900-
Reserves13-€59,100
Non-distributable reserves130/1-€59,100
Reserves not available under the articles1311-€59,100
Profit (loss) carried forward14€36,109€73,003▲
Amounts payable17/49€93,270€702,127▲
Amounts payable within one year42/48€93,270€702,127▲
Trade debts44€23,517€25,331▲
Suppliers440/4€23,517€25,331▲
Taxes, remuneration and social security45€69,754€676,796▲
Taxes450/3€69,754€676,796▲
Income statement Code20232024
Turnover70€718,607€744,135▲
Goods, raw materials, services and sundry goods60/61€678,712€498,743▼
Remuneration, social security and pensions62-€123,020
Other operating charges640/8€3,329€1,047▼
Gross operating margin9900€39,895€245,392▲
Operating profit (loss)9901€36,566€121,325▲
Financial income75/76B€8,241€0▼
Recurring financial income75€8,241€0▼
Financial charges65/66B€8,698€0▼
Recurring financial charges65€8,698€0▼
Profit (loss) for the period before taxes9903€36,109€121,325▲
Income taxes67/77-€25,331
Profit (loss) for the period9904€36,109€95,993▲
Profit (loss) for the period to be appropriated9905€36,109€95,993▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,109€132,103▲
Profit (loss) brought forward from the previous period14P-€36,109
Transfer to equity691/2-€59,100
To other reserves6921-€59,100
Social balance sheet
Average headcount (FTE)9087-0.0

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€718,607€744,135▲ 3.6%
Goods, raw materials, services and sundry goods60/61€678,712€498,743▼ 26.5%
Remuneration, social security and pensions62-€123,020-
Other operating charges640/8€3,329€1,047▼ 68.5%
Gross operating margin9900€39,895€245,392▲ 515%
Operating profit (loss)9901€36,566€121,325▲ 232%
Financial income75/76B€8,241€0▼ 100%
Recurring financial income75€8,241€0▼ 100%
Financial charges65/66B€8,698€0▼ 100%
Recurring financial charges65€8,698€0▼ 100%
Profit (loss) for the period before taxes9903€36,109€121,325▲ 236%
Income taxes67/77-€25,331-
Profit (loss) for the period9904€36,109€95,993▲ 166%
Profit (loss) for the period to be appropriated9905€36,109€95,993▲ 166%
Line20232024Change
Assets
Total assets20/58€130,280€835,130▲ 541%
Formation expenses20€1,598--
Fixed assets21/28€6,750--
Financial fixed assets28€6,750--
Current assets29/58€121,931€835,130▲ 585%
Amounts receivable within one year40/41€93,051€835,130▲ 797%
Trade receivables40€117€835,130▲ 7,118×
Other amounts receivable41€92,934--
Cash at bank and in hand54/58€28,880--
Equity and liabilities
Total equity and liabilities10/49€130,280€835,130▲ 541%
Equity10/15€37,009€133,003▲ 259%
Contributions10/11€900€900=
Capital10€900--
Issued capital100€900--
Reserves13-€59,100-
Non-distributable reserves130/1-€59,100-
Reserves not available under the articles1311-€59,100-
Profit (loss) carried forward14€36,109€73,003▲ 102%
Amounts payable17/49€93,270€702,127▲ 653%
Amounts payable within one year42/48€93,270€702,127▲ 653%
Trade debts44€23,517€25,331▲ 7.7%
Suppliers440/4€23,517€25,331▲ 7.7%
Taxes, remuneration and social security45€69,754€676,796▲ 870%
Taxes450/3€69,754€676,796▲ 870%
Line20232024Change
Profit (loss) for the period9904€36,109€95,993▲ 166%
Operating cash flow (approximation)€36,109€95,993▲ 166%

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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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2024 abbreviated format 17-02-2026 2026-00039959
31-12-2023 full format 10-06-2024 2024-00117831
31-12-2023 abbreviated format 10-06-2024 2024-00117803

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.