Moeys-VP
ActiveMoeys-VP has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €76k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 143 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+13
Solvency92▲+11
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 6.41 against 1.66 in 2024), but 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
47%
Return on assets
2.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
2 d early
2022
30 d late
2021
3 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€76k▲ 80.3%
2024 · €42k
2018: €63k
2019: €2k
2020: €18k
2021: €33k
2022: €257k
2023: €137k
2024: €42k
2018 → 2025
Working capital
€2.17M▲ 102%
2024 · €1.07M
2018: €675k
2019: €744k
2020: €718k
2021: €693k
2022: €917k
2023: €1.05M
2024: €1.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€921k-€1.12M▲ 21.4%€1.20M▲ 6.9%€1.24M▲ 3.5%€1.28M▲ 3.3%
Operating result€67k-€305k▲ 358%€222k▼ 27.0%€123k▼ 44.6%€112k▼ 9.4%
Net result€33k-€257k▲ 678%€137k▼ 46.8%€42k▼ 69.2%€76k▲ 80.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.72M
Fixed assets
€150k▼ 9.6%
Current assets
€2.57M▼ 4.4%
Equity and liabilities €2.72M
Equity
€1.28M▲ 3.3%
Debt
€1.44M▼ 10.9%
The debt ratio falls from 56.7% to 53.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€177k▼
2024 · €190k
Cash flow
€141k▲
2024 · €109k
Solvency
47.0%▲
2024 · 43.3%
Current ratio
6.41▲
2024 · 1.66
Quick ratio
6.12▲
2024 · 1.59
Debt / equity
1.13▼
2024 · 1.31
ROE
5.9%▲
2024 · 3.4%
ROA
2.8%▲
2024 · 1.5%
Interest coverage
3.09▲
2024 · 1.83
Debt
€1.44M▼
2024 · €1.62M
Debt ≤ 1 year
€401k▼
2024 · €1.62M
Debt > 1 year
€1.04M
Income taxes
€23k▼
2024 · €30k
Staff costs
€706k▼
2024 · €708k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.86M€2.72M▼
Fixed assets21/28€166k€150k▼
Tangible fixed assets22/27€161k€145k▼
Land and buildings22€25k€26k▲
Plant, machinery and equipment23€60k€66k▲
Furniture and vehicles24€76k€53k▼
Financial fixed assets28€5k€5k▲
Current assets29/58€2.69M€2.57M▼
Stocks and contracts in progress3€115k€117k▲
Stocks30/36€104k€104k▼
Contracts in progress37€10k€13k▲
Amounts receivable within one year40/41€491k€448k▼
Trade receivables40€346k€369k▲
Other amounts receivable41€145k€80k▼
Current investments50/53€1.04M€1.46M▲
Cash at bank and in hand54/58€1.02M€522k▼
Deferred charges and accrued income490/1€23k€27k▲
Equity and liabilities
Total equity and liabilities10/49€2.86M€2.72M▼
Equity10/15€1.24M€1.28M▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€988k€988k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€947k€947k=
Profit (loss) carried forward14€126k€167k▲
Amounts payable17/49€1.62M€1.44M▼
Amounts payable after more than one year17-€1.04M
Other amounts payable178/9-€1.04M
Amounts payable within one year42/48€1.62M€401k▼
Trade debts44€90k€121k▲
Suppliers440/4€90k€121k▲
Taxes, remuneration and social security45€84k€57k▼
Taxes450/3€30k€14k▼
Remuneration and social security454/9€55k€43k▼
Other amounts payable47/48€1.44M€224k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€708k€706k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€65k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€907k€891k▼
Operating profit (loss)9901€123k€112k▼
Financial income75/76B€53k€45k▼
Recurring financial income75€53k€45k▼
Financial charges65/66B€105k€57k▼
Recurring financial charges65€104k€57k▼
Non-recurring financial charges66B€482€250▼
Profit (loss) for the period before taxes9903€72k€99k▲
Income taxes67/77€30k€23k▼
Profit (loss) for the period9904€42k€76k▲
Profit (loss) for the period to be appropriated9905€42k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€126k€202k▲
Profit (loss) brought forward from the previous period14P€84k€126k▲
Profit to be distributed694/7-€35k
Directors or managers695-€35k
Social balance
Average headcount (FTE)908713.913.4▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 6.41
Current ratio from 1.66 to 6.41; short-term debt falls from €1.62M to €401k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €257k ▲678%
Operating result €305k, net result €257k, both a record.
31-12
Financial
Equity above €1MEq €1.12M ▲21.4%
5 profitable years in a row build equity to €1.12M.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼97.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Bertem · 1 establishment unit since 1971
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Paardenstraat 133060 BertemGround area
168 m²
Building footprint
87 m²
Volume, LiDAR
568 m³
Parcel 24009C0508/00E000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paardenstraat 13, 3060 Bertem
since 19712.013.544.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009C0508/00E000 | Flanders | 168 m² | 1 · 87 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesMoeys-VP NV40981
Similar companies · same sector, comparable size
BRUNET
BE 0432.757.877
Couvin · Eq €1.29M
DEBONDT - GROEP ALPHA
BE 0466.802.602
Pajottegem · Eq €1.30M
YBRU
BE 0729.701.702
Kalmthout · Eq €1.31M
Franken.be
BE 0450.103.160
Kluisbergen · Eq €1.25M
HACOBOIS
BE 0889.171.779
Perwez · Eq €1.32M
Of 1,594 companies in sector 16230 we hold annual accounts for 777. 383 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-12-1976
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
43320Joinery installation
45422
22240Manufacture of rubber and plastic products
25230
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.