MOENS EMwork
ActiveSummary
MOENS EMwork has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €20k. Equity is growing by ~62% per year across the filed fiscal years. Its solvency ranks better than 14% of 994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+2
Solvency35▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.51 in 2024; short-term debt: 44.6% and cash: 31.3% of total assets), and 89.8% 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+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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
10.2%
Return on assets
15.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 994 sector peers (2025).
NBB · sector comparisonPosition among 994 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
4 d late
2024
30 d late
2022
43 d late
2021
2 d late
2020
458 d late
2018
148 d late
2017
57 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k
2024 · €-7k
2018: €-20k
2020: €-81klowest value
2021: €-51k▲ +36.4% vs 2020
2022: €-28k▲ +45.0% vs 2021
2024: €-7k
2025: €13k▲ +289% vs 2024highest value
2018 → 2025
Total assets
€125k▼ 4.0%
2024 · €130k
2018: €276khighest value
2020: €211k
2021: €136k▼ -35.3% vs 2020
2022: €141k▲ +3.2% vs 2021
2024: €130k
2025: €125k▼ -4.0% vs 2024lowest value
2018 → 2025
Net result
€20k▲ 10.0%
2024 · €18k
2018: €-23k
2020: €-61klowest value
2021: €29k▲ +148% vs 2020highest value
2022: €23k▼ -21.5% vs 2021
2024: €18k
2025: €20k▲ +10.0% vs 2024
2018 → 2025
Working capital
€-1k▲ 96.6%
2024 · €-34k
2018: €-53k
2020: €-54klowest value
2021: €-35k▲ +36.2% vs 2020
2022: €-32k▲ +7.8% vs 2021
2024: €-34k
2025: €-1k▲ +96.6% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€-81k-€-51k▲ 36.4%€-28k▲ 45.0%€-7k▲ 76.2%€13k
2020: €-81klowest value
2021: €-51k▲ +36.4% vs 2020
2022: €-28k▲ +45.0% vs 2021
2024: €-7k
2025: €13k▲ +289% vs 2024highest value
Operating result€-53k-€14k€26k▲ 83.7%€32k▲ 23.0%€24k▼ 24.6%
2020: €-53klowest value
2021: €14k▲ +127% vs 2020
2022: €26k▲ +83.7% vs 2021
2024: €32khighest value
2025: €24k▼ -24.6% vs 2024
Net result€-61k-€29k€23k▼ 21.5%€18k▼ 23.3%€20k▲ 10.0%
2020: €-61klowest value
2021: €29k▲ +148% vs 2020highest value
2022: €23k▼ -21.5% vs 2021
2024: €18k
2025: €20k▲ +10.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€71k ▼ 26.2%
Current assets
€55k ▲ 57.2%
Equity and liabilities €125k
Equity
€13k
Debt
€113k
Debt finances 89.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€49k▼
2024 · €57k
Cash flow
€44k▲
2024 · €43k
Current ratio
0.98▲
2024 · 0.51
Debt to equity
8.81▲
2024 · -20.32
ROE
152.9%
ROA
15.6%▲
2024 · 13.6%
Interest coverage
10.65▼
2024 · 33.70
Debt ≤ 1 year
€56k▼
2024 · €69k
Debt > 1 year
€54k▼
2024 · €69k
Income taxes
€185▼
2024 · €13k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€130k€125k▼
Fixed assets21/28€96k€71k▼
Tangible fixed assets22/27€95k€71k▼
Land and buildings22€244€135▼
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€34k€17k▼
Other tangible fixed assets26€49k€45k▼
Financial fixed assets28€435-
Current assets29/58€35k€55k▲
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€12k€15k▲
Other amounts receivable41€77€87▲
Cash at bank and in hand54/58€23k€39k▲
Equity and liabilities
Total equity and liabilities10/49€130k€125k▼
Equity10/15€-7k€13k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-29k€-9k▲
Amounts payable17/49€137k€113k▼
Amounts payable after more than one year17€69k€54k▼
Financial debts170/4€69k€54k▼
Amounts payable within one year42/48€69k€56k▼
Current portion of amounts payable after more than one year42€27k€15k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Advances received on contracts in progress46-€11k
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€16k€11k▼
Other amounts payable47/48€20k€17k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€60k€51k▼
Operating profit (loss)9901€32k€24k▼
Financial income75/76B€2€51▲
Recurring financial income75€2€51▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€30k€20k▼
Income taxes67/77€13k€185▼
Profit (loss) for the period9904€18k€20k▲
Profit (loss) for the period to be appropriated9905€18k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-9k▲
Profit (loss) brought forward from the previous period14P€-46k€-29k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €78k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €11k | €18k | €25k | €25k | ▼ 1.9% |
| Other operating charges640/8 | €5k | €2k | €3k | €2k | €2k | ▼ 12.6% |
| Gross operating margin9900 | €56k | €27k | €47k | €60k | €51k | ▼ 14.6% |
| Operating profit (loss)9901 | €-53k | €14k | €26k | €32k | €24k | ▼ 24.6% |
| Financial income75/76B | - | €21k | - | €2 | €51 | ▲ 2,450% |
| Recurring financial income75 | - | €173 | - | €2 | €51 | ▲ 2,450% |
| Non-recurring financial income76B | - | €21k | - | - | - | - |
| Financial charges65/66B | €8k | €6k | €3k | €2k | €5k | ▲ 170% |
| Recurring financial charges65 | €8k | €4k | €3k | €2k | €5k | ▲ 170% |
| Non-recurring financial charges66B | - | €2k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-61k | €29k | €23k | €30k | €20k | ▼ 35.3% |
| Income taxes67/77 | - | - | - | €13k | €185 | ▼ 98.5% |
| Profit (loss) for the period9904 | €-61k | €29k | €23k | €18k | €20k | ▲ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €-61k | €29k | €23k | €18k | €20k | ▲ 10.0% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €136k | €141k | €130k | €125k | ▼ 4.0% |
| Fixed assets21/28 | €99k | €88k | €106k | €96k | €71k | ▼ 26.2% |
| Tangible fixed assets22/27 | €99k | €88k | €106k | €95k | €71k | ▼ 25.9% |
| Land and buildings22 | €677 | €569 | €461 | €244 | €135 | ▼ 44.7% |
| Plant, machinery and equipment23 | €31k | €25k | €20k | €12k | €9k | ▼ 26.3% |
| Furniture and vehicles24 | €4k | €3k | €27k | €34k | €17k | ▼ 50.1% |
| Other tangible fixed assets26 | €64k | €59k | €58k | €49k | €45k | ▼ 9.0% |
| Financial fixed assets28 | €135 | €135 | €135 | €435 | - | - |
| Current assets29/58 | €112k | €48k | €34k | €35k | €55k | ▲ 57.2% |
| Stocks and contracts in progress3 | €17k | - | - | - | - | - |
| Contracts in progress37 | €17k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €76k | €23k | €21k | €12k | €16k | ▲ 26.3% |
| Trade receivables40 | €76k | €23k | €21k | €12k | €15k | ▲ 26.4% |
| Other amounts receivable41 | €76 | €76 | €76 | €77 | €87 | ▲ 13.0% |
| Cash at bank and in hand54/58 | €2k | €24k | €12k | €23k | €39k | ▲ 74.1% |
| Deferred charges and accrued income490/1 | €18k | €1k | €842 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €136k | €141k | €130k | €125k | ▼ 4.0% |
| Equity10/15 | €-81k | €-51k | €-28k | €-7k | €13k | ▲ 289% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-103k | €-73k | €-50k | €-29k | €-9k | ▲ 67.9% |
| Amounts payable17/49 | €292k | €188k | €169k | €137k | €113k | ▼ 18.0% |
| Amounts payable after more than one year17 | €125k | €105k | €103k | €69k | €54k | ▼ 21.1% |
| Financial debts170/4 | €125k | €105k | €103k | €69k | €54k | ▼ 21.1% |
| Amounts payable within one year42/48 | €166k | €83k | €66k | €69k | €56k | ▼ 18.5% |
| Current portion of amounts payable after more than one year42 | €30k | €22k | €25k | €27k | €15k | ▼ 46.6% |
| Trade debts44 | €15k | €4k | €3k | €6k | €2k | ▼ 59.4% |
| Suppliers440/4 | €15k | €4k | €3k | €6k | €2k | ▼ 59.4% |
| Advances received on contracts in progress46 | - | - | - | - | €11k | - |
| Taxes, remuneration and social security45 | €69k | €14k | €15k | €16k | €11k | ▼ 30.4% |
| Taxes450/3 | €69k | €12k | €15k | €16k | €11k | ▼ 30.4% |
| Remuneration and social security454/9 | - | €1k | - | - | - | - |
| Other amounts payable47/48 | €53k | €44k | €24k | €20k | €17k | ▼ 12.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-61k | €29k | €23k | €18k | €20k | ▲ 10.0% |
| + Depreciation and write-downs630 | €26k | €11k | €18k | €25k | €25k | ▼ 1.9% |
| Operating cash flow (approximation) | €-36k | €40k | €41k | €43k | €44k | ▲ 3.0% |
| Investment in fixed assets (approximation) | - | €0 | €-36k | - | €435 | - |
| Change in cash | - | €22k | €-12k | - | €17k | - |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 458 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
2020
30-09
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
2019
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 148 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
5 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, Riemst · 1 establishment unit since 2015
Ground area
546 m²
Building footprint
127 m²
Volume, LiDAR
734 m³
Parcel 73102C0583/00M000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOENS PROJECTS
since 20152.248.615.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73102C0583/00M000 | Flanders | 546 m² | 1 · 127 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 309 EUR awarded · 510 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 309 EUR | 309 EUR |
| 2023 | 1 | 0 EUR | 201 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
F-Projects
BE 1030.744.962
Wommelgem · Eq €13,084
C.L.H.
BE 0843.152.407
Ronse · Eq €13,357
GSD Group
BE 0673.855.238
Antwerpen · Eq €11,231
SIMENON
BE 0658.884.178
Awans · Eq €14,847
LEO
BE 1000.675.556
Tessenderlo-Ham · Eq €16,849
Of 264 companies in sector 42212 we hold annual accounts for 120. 62 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
Founded05-05-2015
Fiscal year end30-09
Activities, NACEBEL 2025
42212Civil engineering
Scores and ratios are computed by Checked and are not a credit decision.