MD MOVERS
Open bankruptcyFinancials · financial year 2024, micro format
Turnover
€230,387▼ 7.6%
2021 · €249,402
EBIT margin
-2.5%▼ 6.1pp
2021 · 3.6%
Net result
-€10,107
2023 · €2,423
Working capital
-€7,901
2023 · €2,206
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result turns negative in 2024: a loss of €9,105 after €3,001 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€230,387
2022
Operating result-€9,105
2024
Net result-€10,107
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€51,191
2024
Equity-€7,901
2024
Debt€59,092
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€7,901
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-2.5%
2022
Return on assets (ROA)-19.7%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-15.4%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.87
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)2.1
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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Turnover€175,922-€249,402€230,387▼ 7.6%
Operating result€21,776--€9,997€9,084-€5,703€3,001-€9,105
Net result€16,017--€20,299below the sector's middle half-€1,153below the sector's middle half▲ 94.3%-€981within the sector's middle half▲ 14.9%€2,423within the sector's middle half-€10,107below the sector's middle half
EBIT margin12.4%-3.6%-2.5%▼ 6.1pp
Equity€22,217-€1,918below the sector's middle half▼ 91.4%€764below the sector's middle half▼ 60.2%-€217below the sector's middle half€2,206below the sector's middle half-€7,901below the sector's middle half
Total assets€72,774-€74,147within the sector's middle half▲ 1.9%€47,398within the sector's middle half▼ 36.1%€43,347below the sector's middle half▼ 8.5%€58,826within the sector's middle half▲ 35.7%€51,191within the sector's middle half▼ 13.0%
Debt€50,557-€72,229▲ 42.9%€46,634▼ 35.4%€43,565▼ 6.6%€56,620▲ 30.0%€59,092▲ 4.4%
Working capital€22,217-€1,918within the sector's middle half▼ 91.4%€764within the sector's middle half▼ 60.2%-€217within the sector's middle half€2,206within the sector's middle half-€7,901within the sector's middle half
Solvency30.5%-2.6%below the sector's middle half▼ 27.9pp1.6%below the sector's middle half▼ 1.0pp-0.5%below the sector's middle half▼ 2.1pp3.7%below the sector's middle half▲ 4.3pp-15.4%below the sector's middle half▼ 19.2pp
Current ratio1.44-1.03within the sector's middle half▼ 0.411.02within the sector's middle half▼ 0.011.00within the sector's middle half▼ 0.021.04within the sector's middle half▲ 0.040.87within the sector's middle half▼ 0.17
Return on assets (ROA)22.0%--27.4%below the sector's middle half▼ 49.4pp-2.4%below the sector's middle half▲ 24.9pp-2.3%below the sector's middle half▲ 0.2pp4.1%within the sector's middle half▲ 6.4pp-19.7%below the sector's middle half▼ 23.9pp
Staff (FTE)1-32.1▼ 30.0%
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.
Key figures and ratios
Debt ≤ 1 year
€59,092▲
2023 · €56,620
Staff costs
€82,868▼
2023 · €91,500
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €175,922 | - | €249,402 | €230,387 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €178,398 | €153,943 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €61,865 | €81,799 | €91,500 | €82,868 | ▼ 9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €870 | - | - |
| Other operating charges640/8 | - | - | €55 | €348 | €1,029 | €727 | ▼ 29.4% |
| Gross operating margin9900 | €60,413 | €83,412 | €71,004 | €76,443 | €96,401 | €74,490 | ▼ 22.7% |
| Operating profit (loss)9901 | €21,776 | -€9,997 | €9,084 | -€5,703 | €3,001 | -€9,105 | - |
| Financial income75/76B | - | - | - | - | €8 | - | - |
| Recurring financial income75 | - | - | - | - | €8 | - | - |
| Financial charges65/66B | - | - | €237 | €278 | €585 | €1,002 | ▲ 71.2% |
| Recurring financial charges65 | €59 | €302 | €237 | €278 | €585 | €1,002 | ▲ 71.2% |
| Profit (loss) for the period before taxes9903 | €21,717 | -€10,299 | €8,847 | -€5,981 | €2,423 | -€10,107 | - |
| Income taxes67/77 | €5,700 | €10,000 | €10,000 | -€5,000 | - | - | - |
| Profit (loss) for the period9904 | €16,017 | -€20,299 | -€1,153 | -€981 | €2,423 | -€10,107 | - |
| Profit (loss) for the period to be appropriated9905 | €16,017 | -€20,299 | -€1,153 | -€981 | €2,423 | -€10,107 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €72,774 | €74,147 | €47,398 | €43,347 | €58,826 | €51,191 | ▼ 13.0% |
| Current assets29/58 | €72,774 | €74,147 | €47,398 | €43,347 | €58,826 | €51,191 | ▼ 13.0% |
| Amounts receivable within one year40/41 | €62,131 | €26,767 | €27,290 | €22,742 | €35,305 | €21,469 | ▼ 39.2% |
| Trade receivables40 | - | - | €27,290 | €22,742 | €20,305 | €21,469 | ▲ 5.7% |
| Other amounts receivable41 | - | - | - | - | €15,000 | - | - |
| Cash at bank and in hand54/58 | €10,643 | €47,380 | €20,108 | €20,605 | €23,520 | €27,863 | ▲ 18.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €1,859 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €72,774 | €74,147 | €47,398 | €43,347 | €58,826 | €51,191 | ▼ 13.0% |
| Equity10/15 | €22,217 | €1,918 | €764 | -€217 | €2,206 | -€7,901 | - |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €12,400 | €12,400 | - | - | - |
| Contributions outside capital11 | - | - | - | - | €6,200 | - | - |
| Other1109/19 | - | - | - | - | €6,200 | - | - |
| Reserves13 | €801 | €801 | €801 | €801 | €801 | €801 | = |
| Non-distributable reserves130/1 | - | - | €801 | €801 | €801 | €801 | = |
| Legal reserve130 | - | - | €801 | €801 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €801 | €801 | = |
| Profit (loss) carried forward14 | €15,216 | -€5,083 | -€6,237 | -€7,218 | -€4,795 | -€14,902 | ▼ 211% |
| Amounts payable17/49 | €50,557 | €72,229 | €46,634 | €43,565 | €56,620 | €59,092 | ▲ 4.4% |
| Amounts payable within one year42/48 | €50,557 | €72,229 | €46,634 | €43,565 | €56,620 | €59,092 | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | €7,105 | €13,044 | €12,570 | €7,005 | ▼ 44.3% |
| Trade debts44 | €18,001 | €8,178 | €12,605 | €9,609 | €9,248 | €8,759 | ▼ 5.3% |
| Suppliers440/4 | - | - | €12,605 | €9,609 | €9,248 | €8,759 | ▼ 5.3% |
| Taxes, remuneration and social security45 | - | - | €13,890 | €18,377 | €18,035 | €25,111 | ▲ 39.2% |
| Taxes450/3 | - | - | €8,309 | €5,388 | €4,011 | €7,760 | ▲ 93.5% |
| Remuneration and social security454/9 | - | - | €5,581 | €12,990 | €14,024 | €17,351 | ▲ 23.7% |
| Other amounts payable47/48 | - | - | €13,034 | €2,534 | €16,766 | €18,217 | ▲ 8.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,017 | -€20,299 | -€1,153 | -€981 | €2,423 | -€10,107 | - |
| + Depreciation and write-downs630 | - | - | - | - | €870 | - | - |
| Operating cash flow (approximation) | €16,017 | -€20,299 | -€1,153 | -€981 | €3,294 | -€10,107 | - |
| Change in cash | - | €36,737 | -€27,272 | €497 | €2,915 | €4,342 | ▲ 49.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 11-07-2025 | 2025-00257639 |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00151793 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00182964 |
| 31-12-2021 | micro format | 17-08-2022 | 2022-20295152 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-55700271 |
| 31-12-2019 | micro format | 16-10-2020 | 2020-61900161 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 988 active companies whose main activity is removal services (NACE 49420), figures are known for 463. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.