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MOAC

Active Private limited companyfounded 2013active for 13 yearsBergstraat 39, 3200 AarschotKBO/BCE: BE 0541.387.484
MOAC
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Overview

Lifetime

12 annual accounts with figures on one time axis
peak €77,707 (2014)
€30,900▼ 33.6%
peak €42,586 (2014)
€19,057▼ 31.4%
peak €188,381 (2021)
€39,517▼ 55.3%
€76,092▼ 43.3%
Board1 name since 2021
- 
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €46,555 to €30,900Result from €27,762 to €19,057Dividend €67,870Equity from €88,330 to €39,517Debts from €134,128 to €76,092Cash from €157,011 to €73,485

Key points

from the 2025 annual accounts

Equity

€39,517 from €188,381 in 2021

Equity fell by 79% in 4 years.

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2022 accounts came latest: 60 days after the end of the period.

Checked score

92
Excellent
Financially stronger than 36% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

59-6equity 34.2% of total assets
65-4short-term debt 65.8% · cash 63.6%
89+5return on assets 16.5%

Score breakdown

raises risk
Profit of €19,057 (financial year 2025)
lowers risk
Size: total assets €115,610
Liquidity: current ratio 1.22, cash €73,485, halved
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 32% of them on solvency, 48% on liquidity, 53% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as MOAC has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MOAC itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for MOAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.22 (1.46 in 2024), below the usual 1.5. Short-term debt is 65.8% and cash 63.6% of total assets. 65.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €115,610
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.22, cash €73,485, halved
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Profit of €19,057 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
55 days early
2023
29 days late
2022
60 days late
2021
2 days early
2020
31 days late
2019
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 53 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
VR
VAN RENSBERGEN Jan
Director, until 2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0541387484
Resignation: VAN RENSBERGEN Jan (manager) Reappointment: VAN RENSBERGEN Jan (director) · A shareholder holds all the shares · Director discharge: VAN RENSBERGEN Jan · General meeting of 21-12-2023 · Gazette deed
Incorporation published on 05-11-2013 · Gazette deed
First establishment Bergstraat 39, Aarschot
All 21 events

Comparable companies

same main activity, similar in size and age
Company
MOAC Aarschot €115,610 €30,900 34.2% -
ART4L Ghent €118,384 €32,354 80.2% -
MINDFLUX Lokeren €131,287 €29,074 98.6% -
Ziplip Zwalm €124,083 €28,269 71.6% -
Bendelcom Woluwe-Saint-Pierre €99,483 €32,945 51.8% -
LIZORIA Liège €116,001 €34,557 17.7% -
Cup of Code Wommelgem €96,755 €29,369 22.1% -

These companies have the same main activity as MOAC: computer programming (NACE 62100). They are comparable in size and age: total assets between €96,800 and €131,000, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 18-10-2013Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.223.586.9233200 Aarschot, since 18-10-2013
Financial year end
31 December
Peppol
Reachable since 05-03-2025
Company details

Annual accounts 2025

€30,900▼ 33.6%
€19,057▼ 31.4%
€39,517▼ 55.3%
€115,610▼ 48.0%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on MOAC

MOAC files the micro format. That format states no turnover. The gross margin fell from €77,707 in 2014 to €30,900 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-06-2026, 31 days before the deadline
€30,900
▼ 33.6%
€23,887
▼ 33.9%
€19,057
▼ 31.4%
€16,749
▼ 72.7%
34.2%
▼ 5.5 percentage points
1.22
▼ 0.24

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €100,000. Estimated: probably between €79,000 and €130,000.

Balance sheet

balance sheet total €115,610 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

34.2%

Higher than 30% of 21,206 companies in 2025.

1.22

Higher than 26% of 20,569 companies in 2025.

16.5%

Higher than 47% of 20,744 companies in 2025.

MOAC Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 115,610222,457180,406202,304209,233190,647174,631158,168133,614138,309102,104102,314
21/28 22,76927,02436,93943,14251,90012,72017,16922,90312,45716,05716,59120,112
22/27 22,76927,02436,93943,14251,90012,72017,16922,90312,45716,05716,59120,112
23 20,29726,04332,56136,59141,88212,72016,19820,1827,7779,3477,8338,170
24 2,4729814,3786,55010,018-9722,7214,6806,7108,75811,942
29/58 92,841195,434143,467159,163157,333177,927157,462135,265121,157122,25185,51482,202
40/41 15,38238,36024,24922,46417,13525,03631,09946,96247,56935,45524,94229,960
40 10,63318,527-11,0729,4869,4868,80921,96220,32817,78710,58818,646
41 4,74819,83424,24911,3927,64815,55022,29125,00027,24117,66814,35411,314
54/58 73,485157,011119,219129,861133,360152,891126,36388,30373,58886,79660,57252,242
490/1 3,97462-6,8386,838-------
Balance sheet: equity and liabilities
10/49 115,610222,457180,406202,304209,233190,647174,631158,168133,614138,309102,104102,314
10/15 39,51788,330171,474170,722188,381171,277153,287146,620120,511102,51876,95461,186
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,600
13 1,86069,73069,73069,73087,72270,61952,62945,96219,8531,8601,8601,860
130/1 ---1,8601,8601,860------
130 ------1,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860------
133 1,86069,73069,73067,87085,86268,75950,76944,10217,993---
14 19,057-83,14482,39282,05882,05882,05882,05882,05882,05856,49440,726
17/49 76,092134,1288,93331,58220,85219,37021,34411,54813,10335,79025,15041,129
17 ----------7,82211,822
170/4 ----------7,82211,822
42/48 76,092134,1288,93331,58220,85219,37021,34411,54813,10335,79017,32829,306
42 ---2,5122,5123,5193,5192,4412,4433,825--
43 -2,5662,539---------
430/8 -2,5662,539---------
44 4,70811,4531,0671,5093,6046,12911,7283,0973,8671,7841,3853,407
440/4 4,70811,4531,0671,5093,6046,12911,7283,0973,8671,7841,3853,407
45 7,4349,2035,3264,4591,2072,5954,4594,6172,96630,18115,94325,899
450/3 4,9606,7465,3264,4371,2072,5954,4594,5702,96628,69614,14325,899
454/9 2,4752,457-23---48-1,4851,800-
47/48 63,950110,906-23,10213,5287,1281,6381,3923,827---
Income statement
9900 30,90046,55514,10411,69631,34331,57922,03945,18737,01153,03638,70777,707
630 6,4609,91610,7479,8374,7134,44910,4097,0315,00510,8639,94210,426
640/8 5544761442946314404375118438289231,112
9901 23,88736,1633,2131,56625,99926,69011,19237,64531,16341,34527,84266,169
75/76B 1,2901,76916418-13456599492
75 1,2901,76916418-13456599492
65/66B 1811,592957799802459329117270464540450
65 1811,592957799802459329117270464540450
9903 24,99636,3412,25783125,21426,23110,87637,57330,95940,97927,35065,721
67/77 5,9398,5791,5064978,1108,2414,20911,46312,96615,41511,58223,135
9904 19,05727,76275233417,10417,9906,66726,10917,99325,56415,76842,586
9905 19,05727,76275233417,10417,9906,66726,10917,99325,56415,76842,586
Appropriation of the result
9906 19,057110,90683,14482,39299,162100,04888,725108,168100,05182,05856,49442,586
14P -83,14482,39282,05882,058-------
791/2 67,870--17,993--------
691/2 ----17,10417,9906,66726,10917,993--1,860
6920 -----------1,860
6921 ----17,10417,9906,66726,10917,993---
694/7 67,870110,906-17,993--------
694 67,870110,906-17,993--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00221698 PDF
31-12-2024 micro format 06-06-2025 2025-00125488 PDF
31-12-2023 micro format 29-08-2024 2024-00419193 PDF
31-12-2022 micro format 29-09-2023 2023-00476982 PDF
31-12-2021 micro format 29-07-2022 2022-20269986 PDF
31-12-2020 micro format 31-08-2021 2021-66200004 PDF
31-12-2019 micro format 18-09-2020 2020-54200072 PDF
31-12-2018 micro format 29-08-2019 2019-57100179 PDF
31-12-2017 micro format 31-08-2018 2018-59900034 PDF
31-12-2016 micro format 31-08-2017 2017-60300124 PDF
31-12-2015 abbreviated format 31-08-2016 2016-55800558 PDF
31-12-2014 abbreviated format 31-08-2015 2015-57900144 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €645 awarded, €645 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€645

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
30,34646,07913,96011,40330,71231,13921,60144,67636,16852,20837,78476,595
25,51737,67711,49810,17121,81622,43917,07633,14122,99836,42825,71153,011
2,20504,5441,07943,89304,67617,4771,40510,3306,42230,538
-83,52637,793-10,642-3,499-19,53226,52938,05914,716-13,20826,2248,330-
16,74961,306134,535127,580136,481158,557136,118123,717108,05486,46168,18552,896
34.2%39.7%95.0%84.4%90.0%89.8%87.8%92.7%90.2%74.1%75.4%59.8%
1.221.4616.065.047.559.197.3811.719.253.424.932.80
1.931.520.050.180.110.110.140.080.110.350.330.67
48.2%31.4%0.4%0.2%9.1%10.5%4.3%17.8%14.9%24.9%20.5%69.6%
16.5%12.5%0.4%0.2%8.2%9.4%3.8%16.5%13.5%18.5%15.4%41.6%
over 10028.9514.5814.2838.27-------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,205-€4,544€1,079€43,893
€6,460€9,916€10,747€9,837€4,713

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MOAC

The operating result for 2025 is 34% lower than in 2024.

Debt's share of the balance-sheet total rises from 60.3% to 65.8%. Equity and debt are lower.

Board & ownership

Mandates through the years

1 name, the dashed line is today
VAN RENSBERGEN Jan
Director (not named in the articles)
Earliermandate already running before its first mention
Mandates as a list
  • VAN RENSBERGEN Jan
    • Director (not named in the articles), from before 31-12-2021 to 18-01-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
deed of 18-01-2024

Office holders in the KBO →

Network & group

No group

MOAC has no parent and no holdings in its annual accounts.

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

21 events since 2013

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 55 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0541387484
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
Resignation: VAN RENSBERGEN Jan (manager)Reappointment: VAN RENSBERGEN Jan (director) · A shareholder holds all the shares · Director discharge: VAN RENSBERGEN Jan · General meeting of 21-12-20236 points ▸
  • General meeting, 21-12-2023
  • A shareholder holds all the shares
  • Director resignation, VAN RENSBERGEN Jan (manager)
  • Director discharge, VAN RENSBERGEN Jan
  • Director reappointment, VAN RENSBERGEN Jan (director (not named in the articles))
  • Registered office clause, Bergstraat 39, 3200 Aarschot (Gelrode)
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2023
Liquidity more than triples current ratio 16.06 The current ratio rises from 5.04 to 16.06. Short-term debt falls from €31,582 to €8,933.
Annual accounts 2022 filed PDFmicro format · 60 days late
2022
Weakest financial year net €334 ▼98% The net result drops to €334, the lowest from 2014 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 49 days late
2019
Equity above €150,000 equity €153,287 ▲4.5% With a profit in every financial year since 2014, equity grows to €153,287.
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Liquidity more than doubled current ratio 9.25 The current ratio rises from 3.42 to 9.25. Short-term debt falls from €35,790 to €13,103.
Annual accounts 2016 filed PDFmicro format · 31 days late
2016
Equity above €100,000 equity €102,518 ▲33.2% With a profit in every financial year since 2014, equity grows to €102,518.
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2013
Incorporation PDFpublished on 05-11-2013
First establishment Bergstraat 39, Aarschot

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 18 October 2013, MOAC was incorporated.1 Total assets went from €158,168 in 2018 to €115,610 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0541.387.484
VAT number
BE 0541.387.484
Peppol ID
0208:0541387484
Other Peppol ID
9925:BE0541387484
Legal form
Private limited company
Status
Active, normal situation
Founded
18-10-2013
Financial year
ends on 31 December
Peppol
Reachable since 05-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MOAC in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
62100 Computer programming main activity
62200 Computer consultancy and computer facilities management
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62020 IT consultancy

Registered office and establishments

1 establishment
Establishment Since Unit number
Bergstraat 39 registered office 3200 Aarschot 18-10-2013 2.223.586.923

Buildings and parcels at the address

Ground area
1,169 m²
Buildings
135 m²
Volume, LiDAR
642 m³
Tallest building
7.4 m
Buildings to scale, each on its own parcel
135 m², 7.3 m 135 m², 7.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
24029A0306/00C0001,169 m² 1 · 135 m² 7.3 m · 2

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