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I MOVE

Active
Private limited company·Verhuisactiviteiten· 7 yrs active
Kapelaan Staslaan 21 ·2160 Wommelgem, Belgium
KBO/BCE: BE 0727.568.195
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Age7 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of I MOVE is 5.8% (elevated). The 2023 annual accounts show negative equity (€-28k) and a net result of €19k. Equity is shrinking by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 1843 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
5.8% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1843 sector peers (2023).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2022 and 2023).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2024 was due at the National Bank by 31-07-2025. Nothing is on record today, 396 days later. 2 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 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.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 16-10-2024 77 d late 2024-00507883
31-12-2022 31-07-2023 15-09-2023 46 d late 2023-00446690
31-12-2021 31-07-2022 23-08-2022 23 d late 2022-20305958
31-12-2020 31-07-2021 27-07-2021 4 d early 2021-40800012
31-12-2019 31-07-2020 22-09-2020 53 d late 2020-54600158

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€19k+8.4%
Working capital€-3k+94.4%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 16-10-2024 with the NBB · fiscal year 2023 · micro
€-75k€-50k€-25k€0€25kOperating result 2019: €25k€25kNet result 2019: €20k€20kOperating result 2020: €-12k€-12kNet result 2020: €-10k€-10kOperating result 2021: €-58k€-58kNet result 2021: €-62k€-62kOperating result 2022: €23k€23kNet result 2022: €18k€18kOperating result 2023: €23k€23kNet result 2023: €19k€19k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~33.9%/year over 5 fiscal years, indicative, assuming unchanged policy.
€-75k€-50k€-25k€02024: €-41k (€-47k - €-34k)2025: €-50k (€-60k - €-40k)2026: €-60k (€-74k - €-45k)2019: €7k2020: €-3k2021: €-65k2022: €-47k2023: €-28k20192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -125.4% 28.5%
better than 5% of 1843 sector peers
Net result €19k €4k
better than 76% of 1820 sector peers
Equity €-28k €16k
better than 5% of 1854 sector peers
Gross operating margin €37k €25k
better than 58% of 1808 sector peers
Staff costs €11k €36k
higher than 28% of 816 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P5
2020: P19 · n=5012021: P8 · n=8422022: P9 · n=13872023: P5 · n=18432020 2023
Weakening position over 2020-2023 · n=501-1843
Net result P76
2020: P22 · n=4982021: P5 · n=8282022: P73 · n=13742023: P76 · n=18202020 2023
Improving position over 2020-2023 · n=498-1820
Equity P5
2020: P18 · n=5012021: P5 · n=8432022: P5 · n=13962023: P5 · n=18542020 2023
Stable position over 2020-2023 · n=501-1854
Gross operating margin P58
2020: P53 · n=4962021: P60 · n=8282022: P70 · n=13682023: P58 · n=18082020 2023
Improving position over 2020-2023 · n=496-1808
Describes the position versus peers, not a forecast.
EBITDA
€24k
-26.5% 19-23
Net profit
€19k
+8.4% 19-23
Cash flow
€20k
-26.5% 19-23
Total assets
€22k
-74.4% 19-23
Equity
€-28k
+40.9% 19-23
Working capital
€-3k
+94.4% 19-23
Employees (FTE)
0
-60.0% 19-23
Staff costs
€11k
-50.7% 19-23
Show 12 other metrics
Income taxes
€98
-86.1% 19-23
Dividends
€17k
- 19-23
Debt
€50k
-62.6% 19-23
Debt ≤ 1y
€24k
-76.8% 19-23
Debt > 1y
€26k
-16.1% 19-23
Current ratio
0.85
+116.9% 19-23
Quick ratio
0.85
+116.9% 19-23
Solvency
-125.4%
-130.3% 19-23
Debt / equity
-1.80
+36.6% 19-23
ROE
-69.3%
-83.5% 19-23
ROA
86.9%
+322.6% 19-23
Interest coverage
5.88
-0.8% 19-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€24k
Net profit€19k
Cash flow€20k
Staff costs€11k
Income taxes-
Dividends-
Total assets€22k
Equity€-28k
Debt€50k
of which ≤ 1y€24k
of which > 1y€26k
Working capital€-3k
Employees (FTE)0.4
Ratios (computed)
2023
Current ratio0.85
Quick ratio0.85
Working capital ratio-15.8%
Solvency-125.4%
Debt / equity-1.80
Long-term debt ratio-0.93
Interest coverage5.88
Gross margin-
Net margin-
ROA86.9%
ROE-69.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€22k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€2k
Financial fixed assets 28€150
Current assets 29/58€20k
Amounts receivable within one year 40/41€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€22k
Equity 10/15€-28k
Contributions / capital 10/11€4k
Accumulated profits (losses) 14€-32k
Amounts payable 17/49€50k
Amounts payable after one year 17€26k
Amounts payable within one year 42/48€24k
Trade debts payable within one year 44€930
Income statement
Gross operating margin 9900€37k
Operating result 9901€23k
Financial income 75€128
Financial charges 65€4k
Result before taxes 9903€19k
Net result for the period 9904€19k
Result to be appropriated 9905€19k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
21 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

no sitting director
4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Former directors (2)
  • Beqiri Agim
    Director
    State Gazette act 23022044 (14-02-2023)
    Former
    - → 10-10-2022
  • Keeble Doan
    Director
    State Gazette act 23022044 (14-02-2023)
    Former
    - → 10-10-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Verhuisactiviteiten(49420)
Legal form Private limited company(610)
Incorporation28-05-2019
StatusActive
Postal code2160

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
I MOVE
Kapelaan Staslaan 21, 2160 WommelgemVerhuisactiviteiten
since 20192.289.826.837
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area862 m²
Buildings1
Building footprint202 m²
Volume (LiDAR)794 m³
Tallest building5.2 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052A0314/00V002 Flanders 862 m² 1 · 202 m² 5.2 m · 1 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act
All acts · 1 updated 3 years ago
2023
14-02-2023 2 resigning Director changes
  • Beqiri Agim, Bestuurder
  • Keeble Doan, Bestuurder

Analysis

Financial profile

5 of 5 axes measured
Health21Profitability0Solvency41Growth32Stability100
39 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 21
Profitability 0
Solvency 41
Growth 32
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Verhuisactiviteiten49420
Primary activity highlighted.
Names & trade names
Legal nameNL I MOVE
Registered office
Kapelaan Staslaan 21
2160 Wommelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.