In-Motion Software
ActiveSummary
In-Motion Software has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327k and a net result of €16k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 60% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-3
Solvency84▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.52 in 2024; short-term debt: 41.3% and cash: 63.5% of total assets), and 41.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.7%
Return on assets
2.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
25 d early
2023
48 d early
2022
57 d early
2021
56 d early
2020
41 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€327k▼ 9.1%
2024 · €360k
2019: €432k
2020: €481k▲ +11.3% vs 2019highest in 7 years
2021: €446k▼ -7.2% vs 2020
2022: €328k▼ -26.4% vs 2021
2023: €335k▲ +1.9% vs 2022
2024: €360k▲ +7.6% vs 2023
2025: €327k▼ -9.1% vs 2024lowest in 7 years
2019 → 2025
Total assets
€557k▼ 4.4%
2024 · €583k
2019: €599k
2020: €653k▲ +9.1% vs 2019highest in 7 years
2021: €636k▼ -2.7% vs 2020
2022: €543k▼ -14.5% vs 2021lowest in 7 years
2023: €648k▲ +19.2% vs 2022
2024: €583k▼ -10.1% vs 2023
2025: €557k▼ -4.4% vs 2024
2019 → 2025
Net result
€16k▼ 42.4%
2024 · €27k
2019: €55khighest in 7 years
2020: €49k▼ -12.2% vs 2019
2021: €27k▼ -44.4% vs 2020
2022: €36k▲ +34.2% vs 2021
2023: €47k▲ +29.6% vs 2022
2024: €27k▼ -41.9% vs 2023
2025: €16k▼ -42.4% vs 2024lowest in 7 years
2019 → 2025
Working capital
€319k▼ 5.6%
2024 · €338k
2019: €359k
2020: €364k▲ +1.2% vs 2019highest in 7 years
2021: €330k▼ -9.3% vs 2020
2022: €247k▼ -25.1% vs 2021lowest in 7 years
2023: €287k▲ +16.1% vs 2022
2024: €338k▲ +17.8% vs 2023
2025: €319k▼ -5.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€446k-€328k▼ 26.4%€335k▲ 1.9%€360k▲ 7.6%€327k▼ 9.1%
2021: €446khighest in 5 years
2022: €328k▼ -26.4% vs 2021
2023: €335k▲ +1.9% vs 2022
2024: €360k▲ +7.6% vs 2023
2025: €327k▼ -9.1% vs 2024lowest in 5 years
Operating result€45k-€59k▲ 33.2%€77k▲ 29.8%€46k▼ 40.8%€29k▼ 36.6%
2021: €45k
2022: €59k▲ +33.2% vs 2021
2023: €77k▲ +29.8% vs 2022highest in 5 years
2024: €46k▼ -40.8% vs 2023
2025: €29k▼ -36.6% vs 2024lowest in 5 years
Net result€27k-€36k▲ 34.2%€47k▲ 29.6%€27k▼ 41.9%€16k▼ 42.4%
2021: €27k
2022: €36k▲ +34.2% vs 2021
2023: €47k▲ +29.6% vs 2022highest in 5 years
2024: €27k▼ -41.9% vs 2023
2025: €16k▼ -42.4% vs 2024lowest in 5 years
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 has fallen two years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€8k ▼ 61.9%
Current assets
€549k ▼ 2.1%
Equity and liabilities €557k
Equity
€327k ▼ 9.1%
Debt
€230k ▲ 3.2%
Debt's share of the balance-sheet total rises from 38.2% to 41.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €64k
Cash flow
€22k▼
2024 · €46k
Current ratio
2.39▼
2024 · 2.52
Debt to equity
0.70▲
2024 · 0.62
ROE
4.8%▼
2024 · 7.6%
ROA
2.8%▼
2024 · 4.7%
Interest coverage
9.90▼
2024 · 17.17
Debt ≤ 1 year
€230k▲
2024 · €223k
Income taxes
€11k▼
2024 · €16k
Staff costs
€246k▼
2024 · €314k
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 · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€583k€557k▼
Fixed assets21/28€22k€8k▼
Tangible fixed assets22/27€18k€4k▼
Furniture and vehicles24€18k€4k▼
Financial fixed assets28€5k€5k=
Current assets29/58€560k€549k▼
Amounts receivable within one year40/41€154k€138k▼
Trade receivables40€140k€134k▼
Other amounts receivable41€14k€4k▼
Cash at bank and in hand54/58€356k€354k▼
Deferred charges and accrued income490/1€51k€57k▲
Equity and liabilities
Total equity and liabilities10/49€583k€557k▼
Equity10/15€360k€327k▼
Contributions10/11€20k€20k=
Reserves13€314k€307k▼
Non-distributable reserves130/1€2k€0▼
Other1319€2k€0▼
Distributable reserves133€312k€307k▼
Profit (loss) carried forward14€26k€0▼
Amounts payable17/49€223k€230k▲
Amounts payable within one year42/48€223k€230k▲
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€17k€6k▼
Suppliers440/4€17k€6k▼
Advances received on contracts in progress46€144k€140k▼
Taxes, remuneration and social security45€58k€81k▲
Taxes450/3€38k€44k▲
Remuneration and social security454/9€21k€37k▲
Other amounts payable47/48€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€22k€7k▼
Remuneration, social security and pensions62€314k€246k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-2k▼
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€388k€282k▼
Operating profit (loss)9901€46k€29k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€43k€27k▼
Income taxes67/77€16k€11k▼
Profit (loss) for the period9904€27k€16k▼
Profit (loss) for the period to be appropriated9905€27k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€41k▼
Profit (loss) brought forward from the previous period14P€26k€26k=
Transfer from equity791/2€0€48k▲
Transfer to equity691/2€25k€41k▲
To the legal reserve6920-€26k
To other reserves6921€25k€16k▼
Profit to be distributed694/7€2k€48k▲
Return on contributions (dividend)694€2k€48k▲
Social balance
Average headcount (FTE)90874.22.8▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €22k | €7k | ▼ 67.6% |
| Remuneration, social security and pensions62 | - | €195k | €239k | €314k | €246k | ▼ 21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33k | €35k | €33k | €19k | €7k | ▼ 64.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2k | €0 | €-2k | - |
| Other operating charges640/8 | - | €579 | €360 | €4k | €3k | ▼ 21.9% |
| Non-recurring operating charges66A | - | - | - | €5k | €0 | ▼ 100% |
| Gross operating margin9900 | €275k | €289k | €352k | €388k | €282k | ▼ 27.3% |
| Operating profit (loss)9901 | €45k | €59k | €77k | €46k | €29k | ▼ 36.6% |
| Financial income75/76B | - | €216 | €23 | €2k | €1k | ▼ 13.5% |
| Recurring financial income75 | €5 | €216 | €23 | €2k | €1k | ▼ 13.5% |
| Financial charges65/66B | - | €162 | €223 | €4k | €4k | ▼ 4.2% |
| Recurring financial charges65 | €114 | €162 | €223 | €4k | €4k | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | €44k | €59k | €77k | €43k | €27k | ▼ 38.6% |
| Income taxes67/77 | €17k | €23k | €30k | €16k | €11k | ▼ 32.0% |
| Profit (loss) for the period9904 | €27k | €36k | €47k | €27k | €16k | ▼ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €27k | €36k | €47k | €27k | €16k | ▼ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €636k | €543k | €648k | €583k | €557k | ▼ 4.4% |
| Fixed assets21/28 | €116k | €81k | €48k | €22k | €8k | ▼ 61.9% |
| Tangible fixed assets22/27 | €112k | €77k | €43k | €18k | €4k | ▼ 77.8% |
| Furniture and vehicles24 | - | €77k | €43k | €18k | €4k | ▼ 77.8% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €519k | €462k | €600k | €560k | €549k | ▼ 2.1% |
| Amounts receivable within one year40/41 | €196k | €238k | €173k | €154k | €138k | ▼ 10.3% |
| Trade receivables40 | - | €238k | €173k | €140k | €134k | ▼ 4.0% |
| Other amounts receivable41 | - | - | - | €14k | €4k | ▼ 71.8% |
| Cash at bank and in hand54/58 | €315k | €212k | €368k | €356k | €354k | ▼ 0.6% |
| Deferred charges and accrued income490/1 | - | €11k | €58k | €51k | €57k | ▲ 12.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €636k | €543k | €648k | €583k | €557k | ▼ 4.4% |
| Equity10/15 | €446k | €328k | €335k | €360k | €327k | ▼ 9.1% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €400k | €283k | €289k | €314k | €307k | ▼ 2.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Other1319 | - | - | - | €2k | €0 | ▼ 100% |
| Distributable reserves133 | - | €281k | €287k | €312k | €307k | ▼ 1.6% |
| Profit (loss) carried forward14 | €26k | €26k | €26k | €26k | €0 | ▼ 100% |
| Amounts payable17/49 | €190k | €215k | €313k | €223k | €230k | ▲ 3.2% |
| Amounts payable within one year42/48 | €190k | €215k | €313k | €223k | €230k | ▲ 3.2% |
| Financial debts43 | - | - | - | €2k | €2k | ▼ 0.4% |
| Credit institutions430/8 | - | - | - | €2k | €2k | ▼ 0.4% |
| Trade debts44 | €13k | €23k | €18k | €17k | €6k | ▼ 63.7% |
| Suppliers440/4 | - | €23k | €18k | €17k | €6k | ▼ 63.7% |
| Advances received on contracts in progress46 | - | €91k | €131k | €144k | €140k | ▼ 2.5% |
| Taxes, remuneration and social security45 | - | €88k | €124k | €58k | €81k | ▲ 39.6% |
| Taxes450/3 | - | €68k | €80k | €38k | €44k | ▲ 16.9% |
| Remuneration and social security454/9 | - | €20k | €44k | €21k | €37k | ▲ 80.9% |
| Other amounts payable47/48 | - | €13k | €41k | €1k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €36k | €47k | €27k | €16k | ▼ 42.4% |
| + Depreciation and write-downs630 | €33k | €35k | €33k | €19k | €7k | ▼ 64.9% |
| Operating cash flow (approximation) | €60k | €71k | €80k | €46k | €22k | ▼ 51.5% |
| Investment in fixed assets (approximation) | - | €0 | €1 | €7k | €7k | ▲ 0.7% |
| Change in cash | - | €-103k | €156k | €-12k | €-2k | ▲ 84.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
State Gazette act
RestructuringAppointments: HOEDT Pieter-Jan (director) and Eleonora MANUKIAN (director) · Demerger · Incorporation28 facts ▸
State Gazette act
Restructuring
Appointments: HOEDT Pieter-Jan (director) and Eleonora MANUKIAN (director) · Demerger · Incorporation28 facts ▸
- Demerger, partial demerger by incorporation, EUR
- Incorporation, 21-01-2008
- Statutes amendment
- Statutes amendment
- Shareholding, 31-03-2026, 250
- Shareholding, 31-03-2026, 250
- Shareholding, 31-03-2026, 400
- Shareholding, 31-03-2026, 100
- Director in office, HOEDT Filip (director)
- Director in office, DEVOS Mieke (director)
- Director in office, HOEDT Pieter-Jan (director)
- Capital, €20.000
- +16 further facts in this act
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €16k ▼42.4%
Net result drops to €16k, the lowest in the series.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Eleonora MANUKIAN
CurrentDirector · since 07-09-2026
HOEDT Pieter-Jan
CurrentDirector · since 07-09-2026
07-09-2026
Eleonora MANUKIAN: Appointed as Director
07-09-2026
HOEDT Pieter-Jan: Appointed as Director
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2008
Ground area
1.6 ha
Building footprint
1,881 m²
Volume, LiDAR
11,430 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
In-Motion Software
since 20082.168.347.106
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014C0263/00X000 | Flanders | 1.6 ha | 1 · 1,801 m² | 8.6 m · 2 fl. |
| 36492A1584/00T000 | Flanders | 311 m² | 1 · 79 m² | 4.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Articles of association
Annual meeting
First Saturday of December at 14:00
Duration
Unlimited
Purpose
Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op: De aan- en verkoop, huur en verhuur, importen export, herstelling, studie, fotografie, grafisch design…
Full purpose (6 activities)
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op: De aan- en verkoop, huur en verhuur, importen export, herstelling, studie, fotografie, grafisch design, ontwerp, ontwikkeling, begeleiding en opleiding van alle voorwerpen en diensten in de domeinen ICTen kantoor.
- Het verlenen van technische en administratieve dienstprestaties voor alle mogelijke bedrijven en particulieren.
- De rekrutering, het verhuren, het uitbesteden en het detacheren van personeel en zelfstandige consultants, alsmede het geven van adviezen hieromtrent.
- De vennootschap zal haar voorwerp op alle plaatsen, zowel in België als in het buitenland mogen nastreven, op alle wijzen en volgens de modaliteiten die haar het best geschikt voorkomen.
- Zij mag onder meer en zonder dat de navolgende opsomming beperkend is, alle industriële, commerciële, financiële, burgerlijke, roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks met haar voorwerp in verband staan of de verwezenlijking ervan kunnen vergemakkelijken, zich door vereniging, inbreng of fusie, inschrijvingen, participaties, financiële tussenkomst of op om het even welke wijze interesseren in alle bestaande of op te richten vennootschappen waarvan het voorwerp het zelfde of verwant aan het hare zou zijn of die haar maatschappelijke bedrijvigheid in de hand zouden kunnen werken of bevorderen en uitbreiden, en er het bestuur van voeren.
- De vennootschap kan in het kader hiervan ook functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
Other provisions of the articles (5)
- Other statement (5)
Structure & network
Acquisitions and mergers
1 transactionSplit off to:Lemmy Works
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 07-09-2026 ↗
- HOEDT Filip 250 shares
- DEVOS Mieke 250 shares
- HOEDT Pieter-Jan 400 shares
- Eleonora MANUKIAN 100 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 07-09-2026 Capital stated in the act · 20,000 EUR · 1,000 shares
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,099 EUR awarded · 2,099 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,099 EUR | 2,099 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2008
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
58290Other software publishing
Scores and ratios are computed by Checked and are not a credit decision.