MARCINMOVE
ActiveSummary
MARCINMOVE has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.4m and a net result of €292,327. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 1124 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 4.73 in 2023; short-term debt: 15.3% and cash: 25% of total assets), and 24.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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 2024Solvency, return and age of the figures
Solvency
75.6%
Return on assets
9.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
41 d early
2022
40 d early
2021
41 d early
2020
40 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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Financials · fiscal year 2024, full schema
In the rankings
#9 company by equity in Walloon Brabant, Land transport sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€292,327▲ 37.4%
2023 · €212,804
Working capital
€439,246▼ 42.5%
2023 · €763,485
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€134,171▲ 124%€208,563▲ 55.4%€329,569▲ 58.0%€297,973▼ 9.6%€364,907▲ 22.5%
Net result€97,322▲ 94.1%€175,322▲ 80.1%€240,758▲ 37.3%€212,804▼ 11.6%€292,327▲ 37.4%
Equity€1.6m▲ 6.3%€1.8m▲ 8.7%€2.0m▲ 11.6%€2.2m▲ 8.9%€2.4m▲ 11.8%
Total assets€2.0m▼ 10.9%€2.0m▼ 0.8%€2.4m▲ 17.6%€2.4m▲ 2.9%€3.2m▲ 31.8%
Debt€355,057▼ 51.4%€195,066▼ 45.1%€330,350▲ 69.4%€221,612▼ 32.9%€744,301▲ 236%
Working capital€217,362▲ 167%€433,235▲ 99.3%€527,814▲ 21.8%€763,485▲ 44.7%€439,246▼ 42.5%
Staff (FTE)5▼ 45.1%5.4▲ 8.0%6.3▲ 16.7%6.6▲ 4.8%6.8▲ 3.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 22% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.2m
Fixed assets
€2.3m ▲ 55.1%
Current assets
€932,800 ▼ 3.7%
Equity and liabilities €3.2m
Equity
€2.4m ▲ 11.8%
Provisions
€40,013 ▼ 4.7%
Debt
€744,301 ▲ 236%
Debt's share of the balance-sheet total rises from 9.1% to 23.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€626,148▲
2023 · €486,829
Cash flow
€553,567▲
2023 · €401,660
Current ratio
1.89▼
2023 · 4.73
Debt to equity
0.31▲
2023 · 0.10
ROE
12.0%▲
2023 · 9.8%
ROA
9.1%▲
2023 · 8.7%
Interest coverage
64.99▼
2023 · 192.46
Debt ≤ 1 year
€493,554▲
2023 · €204,945
Debt > 1 year
€250,747▲
2023 · €16,666
Income taxes
€75,136▼
2023 · €82,640
Staff costs
€382,553▲
2023 · €315,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €22,806 | €23,013 | €12,178 | €31,798 | ▲ 161% |
| Remuneration, social security and pensions62 | - | €155,004 | €245,702 | €315,623 | €382,553 | ▲ 21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €252,725 | €186,985 | €228,212 | €188,856 | €261,241 | ▲ 38.3% |
| Other operating charges640/8 | - | €11,633 | €12,655 | €19,519 | €49,411 | ▲ 153% |
| Gross operating margin9900 | €535,533 | €562,185 | €816,138 | €821,971 | €1.1m | ▲ 28.7% |
| Operating profit (loss)9901 | €134,171 | €208,563 | €329,569 | €297,973 | €364,907 | ▲ 22.5% |
| Financial income75/76B | - | €13 | - | - | €10,204 | - |
| Recurring financial income75 | €223 | €13 | - | - | €10,204 | - |
| Financial charges65/66B | - | €3,537 | €3,492 | €2,529 | €9,635 | ▲ 281% |
| Recurring financial charges65 | €7,072 | €3,537 | €3,492 | €2,529 | €9,635 | ▲ 281% |
| Profit (loss) for the period before taxes9903 | €127,322 | €205,039 | €326,077 | €295,444 | €365,476 | ▲ 23.7% |
| Transfer from deferred taxes780 | - | - | - | - | €1,987 | - |
| Transfer to deferred taxes680 | - | - | €12,000 | - | - | - |
| Income taxes67/77 | - | €29,716 | €73,318 | €82,640 | €75,136 | ▼ 9.1% |
| Profit (loss) for the period9904 | €97,322 | €175,322 | €240,758 | €212,804 | €292,327 | ▲ 37.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €7,948 | - |
| Transfer to tax-exempt reserves689 | - | - | €48,000 | - | €80,000 | - |
| Profit (loss) for the period to be appropriated9905 | €32,322 | €175,322 | €192,758 | €212,804 | €220,274 | ▲ 3.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €2.4m | €2.4m | €3.2m | ▲ 31.8% |
| Fixed assets21/28 | €1.6m | €1.4m | €1.6m | €1.5m | €2.3m | ▲ 55.1% |
| Tangible fixed assets22/27 | €1.6m | €1.4m | €1.6m | €1.5m | €2.3m | ▲ 55.1% |
| Land and buildings22 | - | €1.2m | €1.2m | €1.2m | €1.3m | ▲ 10.8% |
| Plant, machinery and equipment23 | - | €17,227 | €13,367 | €13,213 | €7,976 | ▼ 39.6% |
| Furniture and vehicles24 | - | €146,233 | €412,526 | €276,458 | €965,958 | ▲ 249% |
| Other tangible fixed assets26 | - | €1,440 | €194 | - | €0 | - |
| Current assets29/58 | €456,474 | €607,491 | €732,354 | €968,430 | €932,800 | ▼ 3.7% |
| Amounts receivable within one year40/41 | €20,421 | €19,187 | €51,081 | €95,188 | €122,202 | ▲ 28.4% |
| Trade receivables40 | - | €4,905 | €46,380 | €44,567 | €35,655 | ▼ 20.0% |
| Other amounts receivable41 | - | €14,282 | €4,701 | €50,622 | €86,546 | ▲ 71.0% |
| Current investments50/53 | €30,668 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Cash at bank and in hand54/58 | €405,386 | €585,805 | €676,825 | €868,964 | €804,551 | ▼ 7.4% |
| Deferred charges and accrued income490/1 | - | - | €1,947 | €1,778 | €3,547 | ▲ 99.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €2.4m | €2.4m | €3.2m | ▲ 31.8% |
| Equity10/15 | €1.6m | €1.8m | €2.0m | €2.2m | €2.4m | ▲ 11.8% |
| Contributions10/11 | €55,776 | €55,776 | €55,776 | €61,354 | €61,354 | = |
| Capital10 | - | €55,776 | €55,776 | - | - | - |
| Issued capital100 | - | €55,776 | €55,776 | - | - | - |
| Outside capital11 | - | - | - | €61,354 | - | - |
| Share premium1100/10 | - | - | - | €61,354 | - | - |
| Reserves13 | €1.6m | €1.7m | €1.9m | €2.1m | €2.4m | ▲ 12.1% |
| Non-distributable reserves130/1 | - | €5,578 | €5,578 | - | - | - |
| Legal reserve130 | - | €5,578 | €5,578 | - | - | - |
| Tax-exempt reserves132 | - | €956,250 | €1.0m | €1.0m | €1.1m | ▲ 7.2% |
| Distributable reserves133 | - | €774,000 | €933,200 | €1.1m | €1.3m | ▲ 16.6% |
| Profit (loss) carried forward14 | €751 | €1,073 | €1,432 | €1,835 | €2,110 | ▲ 14.9% |
| Provisions and deferred taxes16 | €30,000 | €30,000 | €42,000 | €42,000 | €40,013 | ▼ 4.7% |
| Deferred taxes168 | - | €30,000 | €42,000 | €42,000 | €40,013 | ▼ 4.7% |
| Amounts payable17/49 | €355,057 | €195,066 | €330,350 | €221,612 | €744,301 | ▲ 236% |
| Amounts payable after more than one year17 | €115,944 | €20,000 | €125,000 | €16,666 | €250,747 | ▲ 1,405% |
| Financial debts170/4 | - | €20,000 | €125,000 | €16,666 | €250,747 | ▲ 1,405% |
| Amounts payable within one year42/48 | €239,113 | €174,257 | €204,540 | €204,945 | €493,554 | ▲ 141% |
| Current portion of amounts payable after more than one year42 | - | €89,716 | €107,500 | €100,000 | €279,133 | ▲ 179% |
| Trade debts44 | €7,055 | €36,654 | €33,289 | €36,639 | €35,765 | ▼ 2.4% |
| Suppliers440/4 | - | €36,654 | €33,289 | €36,639 | €35,765 | ▼ 2.4% |
| Taxes, remuneration and social security45 | - | €15,887 | €30,552 | €33,907 | €42,656 | ▲ 25.8% |
| Taxes450/3 | - | - | - | - | €0 | - |
| Remuneration and social security454/9 | - | €15,887 | €30,552 | €33,907 | €42,656 | ▲ 25.8% |
| Other amounts payable47/48 | - | €32,000 | €33,200 | €34,400 | €136,000 | ▲ 295% |
| Accrued charges and deferred income492/3 | - | €810 | €810 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,322 | €175,322 | €240,758 | €212,804 | €292,327 | ▲ 37.4% |
| + Depreciation and write-downs630 | €252,725 | €186,985 | €228,212 | €188,856 | €261,241 | ▲ 38.3% |
| Operating cash flow (approximation) | €350,047 | €362,308 | €468,971 | €401,660 | €553,567 | ▲ 37.8% |
| Investment in fixed assets (approximation) | - | -€19,300 | -€458,192 | -€22,445 | -€1.1m | ▼ 4,685% |
| Change in cash | - | €180,419 | €91,021 | €192,138 | -€64,413 | ▼ 134% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €292,327 ▲37.4%
Operating result €364,907, net result €292,327, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.0m ▲11.6%
4 profitable years in a row build equity to €2.0m.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €50,145
Net result €50,145 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Perwez · 1 establishment unit since 1986
Ground area
6,808 m²
Building footprint
1,380 m²
Volume, LiDAR
8,930 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
B TRAVEL
since 19862.031.823.762
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25084C0579/00V000 | Wallonia | 5,220 m² | 1 · 1,246 m² | 7.5 m · 2 fl. |
| 25071C0811/00C000 | Wallonia | 1,588 m² | 1 · 134 m² | 8.1 m · 2 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.
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Of 6,975 companies in sector 49320 we hold annual accounts for 2,714. 332 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
Founded04-12-1980
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
Scores and ratios are computed by Checked and are not a credit decision.