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MOCO

Active
Private limited companyfounded 2021active for 5 yearsPeperstraat 50, 9550 Herzele, BelgiumKBO/BCE: BE 0766.976.327
Summary

MOCO has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,616 and a net result of €236,369. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 65% of 20,598 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Psychology services
NACE 86931
1 site
Size
€277,093total assets 2025
Equity
€210,616
Profit
€236,369
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 49 days early1 deed in the Belgian Official Gazette
Why 96lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 3.75, cash €66,145, halvedEquity €210,616 (76.0% of total assets)Figures for financial year 2025 (filed 12-06-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 86, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 76.0% of total assets
Liquidity 71-21
short-term debt 24.0% · cash 23.9%
Profitability 100=
return on assets 85.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (24,117 companies, NACE 86, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 04-2025 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 12-2025lowest value 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.75, compared with 4.14 in 2024, above the usual 1.5; short-term debt: 24% and cash: 23.9% of total assets), and 24% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 86, micro): better than 82% on solvency, 52% on liquidity, 80% on profitability and 71% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

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

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Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 3.75, cash €66,145, halved
NBB · annual accounts
lowers risk · Equity €210,616 (76.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 12-06-2026)
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 12-06-2026, 49 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
49 days early
2024
34 days early
2023
47 days early
2022
26 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 39 days before the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% 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 21 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2022 to 2025net €236,369 ▲72.4%
  3. Equity above €200,000equity €210,616 ▲29.6%

Financials · financial year 2025, micro format

Equity
€210,616▲ 29.6%
2024 · €162,482
Total assets
€277,093▲ 30.3%
2024 · €212,613
Net result
€236,369▲ 72.4%
2024 · €137,093
Working capital
€182,800▲ 16.1%
2024 · €157,512
Trend over the years

2022 to 2025, 4 financial years

The operating result has risen three years in a row; 2025 is 69% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€310,454 2025 Net result€236,369 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 86, Human health activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€63,244-€107,054▲ 69.3%€184,232▲ 72.1%€310,454▲ 68.5%
Net result€49,439within the sector's middle half-€79,421within the sector's middle half▲ 60.6%€137,093above the sector's middle half▲ 72.6%€236,369above the sector's middle half▲ 72.4%
Equity€52,439below the sector's middle half-€93,625within the sector's middle half▲ 78.5%€162,482within the sector's middle half▲ 73.5%€210,616within the sector's middle half▲ 29.6%
Total assets€61,110below the sector's middle half-€180,316within the sector's middle half▲ 195%€212,613within the sector's middle half▲ 17.9%€277,093within the sector's middle half▲ 30.3%
Debt€8,671-€86,691▲ 900%€50,131▼ 42.2%€66,477▲ 32.6%
Working capital€47,521within the sector's middle half-€89,876within the sector's middle half▲ 89.1%€157,512within the sector's middle half▲ 75.3%€182,800within the sector's middle half▲ 16.1%
Solvency85.8%above the sector's middle half-51.9%within the sector's middle half▼ 33.9pp76.4%within the sector's middle half▲ 24.5pp76.0%within the sector's middle half▼ 0.4pp
Current ratio6.48within the sector's middle half-2.04within the sector's middle half▼ 4.444.14within the sector's middle half▲ 2.113.75within the sector's middle half▼ 0.39
Return on assets (ROA)80.9%above the sector's middle half-44.0%above the sector's middle half▼ 36.9pp64.5%above the sector's middle half▲ 20.4pp85.3%above the sector's middle half▲ 20.8pp
above within below the middle half of NACE 86, Human health activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277,093
Fixed assets €27,815 ▲ 460%
Current assets €249,278 ▲ 20.1%
Equity and liabilities €277,093
Equity €210,616 ▲ 29.6%
Debt €66,477 ▲ 32.6%
Debt's share of the balance-sheet total rises from 23.6% to 24.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€313,934▲
2024 · €186,088
Cash flow
€239,848▲
2024 · €138,949
Debt to equity
0.32▲
2024 · 0.31
ROE
112.2%▲
2024 · 84.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€66,477▲
2024 · €50,131
Income taxes
€79,853▲
2024 · €46,955
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€212,613€277,093▲
Fixed assets21/28€4,970€27,815▲
Tangible fixed assets22/27€4,032€26,877▲
Plant, machinery and equipment23€347€0▼
Furniture and vehicles24€3,685€26,877▲
Financial fixed assets28€938€938=
Current assets29/58€207,643€249,278▲
Amounts receivable within one year40/41€25,558€179,826▲
Other amounts receivable41€25,558€179,826▲
Cash at bank and in hand54/58€175,982€66,145▼
Deferred charges and accrued income490/1€6,103€3,307▼
Equity and liabilities
Total equity and liabilities10/49€212,613€277,093▲
Equity10/15€162,482€210,616▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€159,482€207,616▲
Amounts payable17/49€50,131€66,477▲
Amounts payable within one year42/48€50,131€66,477▲
Financial debts43€34€1,231▲
Credit institutions430/8€34€1,231▲
Trade debts44€18,230€35,011▲
Suppliers440/4€18,230€35,011▲
Taxes, remuneration and social security45€31,866€30,235▼
Taxes450/3€29,866€28,235▼
Remuneration and social security454/9€2,000€2,000=
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,856€3,480▲
Other operating charges640/8€596€1,004▲
Non-recurring operating charges66A€6,060€0▼
Gross operating margin9900€192,744€314,938▲
Operating profit (loss)9901€184,232€310,454▲
Financial income75/76B€112€6,089▲
Recurring financial income75€112€6,089▲
Financial charges65/66B€297€321▲
Recurring financial charges65€297€321▲
Profit (loss) for the period before taxes9903€184,047€316,222▲
Income taxes67/77€46,955€79,853▲
Profit (loss) for the period9904€137,093€236,369▲
Profit (loss) for the period to be appropriated9905€137,093€236,369▲
Appropriation of the result
Profit (loss) to be appropriated9906€227,718€395,851▲
Profit (loss) brought forward from the previous period14P€90,625€159,482▲
Profit to be distributed694/7€68,235€188,235▲
Return on contributions (dividend)694€68,235€188,235▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,560€2,262€1,856€3,480▲ 87.5%
Other operating charges640/8€977€878€596€1,004▲ 68.5%
Non-recurring operating charges66A--€6,060€0▼ 100%
Gross operating margin9900€70,782€110,195€192,744€314,938▲ 63.4%
Operating profit (loss)9901€63,244€107,054€184,232€310,454▲ 68.5%
Financial income75/76B€88€140€112€6,089▲ 55×
Recurring financial income75€88€140€112€6,089▲ 55×
Financial charges65/66B€540€297€297€321▲ 8.3%
Recurring financial charges65€540€297€297€321▲ 8.3%
Profit (loss) for the period before taxes9903€62,792€106,897€184,047€316,222▲ 71.8%
Income taxes67/77€13,353€27,476€46,955€79,853▲ 70.1%
Profit (loss) for the period9904€49,439€79,421€137,093€236,369▲ 72.4%
Profit (loss) for the period to be appropriated9905€49,439€79,421€137,093€236,369▲ 72.4%
Line2022202320242025Change
Assets
Total assets20/58€61,110€180,316€212,613€277,093▲ 30.3%
Fixed assets21/28€4,918€3,748€4,970€27,815▲ 460%
Tangible fixed assets22/27€3,980€2,810€4,032€26,877▲ 567%
Plant, machinery and equipment23€1,073€710€347€0▼ 100%
Furniture and vehicles24€2,907€2,100€3,685€26,877▲ 629%
Financial fixed assets28€938€938€938€938=
Current assets29/58€56,192€176,567€207,643€249,278▲ 20.1%
Amounts receivable within one year40/41€2,508€1,851€25,558€179,826▲ 604%
Other amounts receivable41€2,508€1,851€25,558€179,826▲ 604%
Cash at bank and in hand54/58€52,597€171,807€175,982€66,145▼ 62.4%
Deferred charges and accrued income490/1€1,087€2,909€6,103€3,307▼ 45.8%
Equity and liabilities
Total equity and liabilities10/49€61,110€180,316€212,613€277,093▲ 30.3%
Equity10/15€52,439€93,625€162,482€210,616▲ 29.6%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€49,439€90,625€159,482€207,616▲ 30.2%
Amounts payable17/49€8,671€86,691€50,131€66,477▲ 32.6%
Amounts payable within one year42/48€8,671€86,691€50,131€66,477▲ 32.6%
Financial debts43-€2,657€34€1,231▲ 36×
Credit institutions430/8-€2,657€34€1,231▲ 36×
Trade debts44€1,068€10,720€18,230€35,011▲ 92.0%
Suppliers440/4€1,068€10,720€18,230€35,011▲ 92.0%
Taxes, remuneration and social security45€7,603€35,079€31,866€30,235▼ 5.1%
Taxes450/3€5,603€33,079€29,866€28,235▼ 5.5%
Remuneration and social security454/9€2,000€2,000€2,000€2,000=
Other amounts payable47/48-€38,235€0--
Line2022202320242025Change
Profit (loss) for the period9904€49,439€79,421€137,093€236,369▲ 72.4%
+ Depreciation and write-downs630€6,560€2,262€1,856€3,480▲ 87.5%
Operating cash flow (approximation)€55,999€81,684€138,949€239,848▲ 72.6%
Investment in fixed assets (approximation)--€1,093-€3,078-€26,325▼ 755%
Change in cash-€119,210€4,175-€109,837-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 12-06-2026 2026-00155990
31-12-2024 micro format 27-06-2025 2025-00184941
31-12-2023 micro format 14-06-2024 2024-00135327
31-12-2022 micro format 05-07-2023 2023-00210554

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

MOCO was incorporated on 21 April 2021 as a private limited company.1 Total assets rose from €61,110 in 2022 to €277,093 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
12-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2022 to 2025net €236,369 ▲72.4%
Operating result €310,454, net result €236,369, both a record.
31-12
Financial Equity above €200,000equity €210,616 ▲29.6%
A profit in every financial year since 2022 builds equity to €210,616.
27-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity doublescurrent ratio 4.14
Current ratio from 2.04 to 4.14; short-term debt falls from €86,691 to €50,131.
31-12
Financial Equity above €150,000equity €162,482 ▲73.5%
A profit in every financial year since 2022 builds equity to €162,482.
14-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
05-07
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded21-04-2021
Financial year end31-12
Trade name NL CMPH (medische & psychologische herstelonderzoeken rijbewijs)
Activities, NACEBEL 2025
86931Psychology services
Contact
Website www.cmph.be
E-mail info@cmph.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0766976327
Also 9925:BE0766976327
Registered 04-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
939 m²
Building footprint
80 m²
Building volume
443 m³
Parcel 41027A0957/00C000, Flanders · tallest building 7.3 m. Linked by address, not a title deed.
1 establishment unit
MOCO
Peperstraat 50, 9550 HerzelePsychology services
since 2021unit no. 2.316.201.830
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41027A0957/00C000
ProtectedMonumentKasteeldomein van Herzele: personeelswoningSource ↗
Flanders 939 m² 1 · 80 m² 7.3 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.