Equity
€55,863 from €116,416 in 2023
Equity fell by 52% in 2 years.
Moffat Development
Lifetime
4 annual accounts with figures on one time axispeak €119,968 (2022)
-€28,347▼ €13,214
lowest -€30,715 (2024)
-€29,838▲ €877
peak €116,416 (2023)
€55,863▼ 34.8%
€6,741▼ 62.3%
Board1 name since 2021
1 director
Documentsfilings and deeds
15-04-2026107 days before the deadline
2025micro format
Gross margin from -€15,134 to -€28,347Loss of €29,838Equity from €85,701 to €55,863Debts from €17,901 to €6,741Cash from €96,273 to €57,285
Key points
from the 2025 annual accountsLosses
-€60,554 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Liquidity
8.90 was 5.65 in 2024
Short-term debts fell from €17,901 to €6,741.
Filings
4 annual accounts 1 late
The 2023 accounts came 23 days late. The other three were filed on time.
Starting capital
€5,000 100 shares
Position in the sector
-€29,838
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,031 · 22,044 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,592 companies had the same profile as Moffat Development has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,592 companies, not a prediction for Moffat Development. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776368006
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 25-10-2021 · Gazette deed
First establishment
Hofstraat 85, Kortenberg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Moffat Development Kortenberg | €62,604 | -€28,347 | 89.2% | - |
| FPGA-engineering Lint | €62,955 | -€2,573 | 49.1% | - |
| ZELY Auderghem | €66,687 | -€25,556 | 95.4% | - |
| Meijert Antwerp | €67,629 | -€25,739 | 4.4% | - |
| OK-IT Mechelen | €67,672 | -€7,283 | 7.4% | - |
| Go Lucid Kontich | €66,009 | -€28,574 | 82.4% | 1 |
| EASYODE Schaerbeek | €66,450 | -€6,835 | 39.1% | - |
These companies have the same main activity as Moffat Development: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €63,000 and €67,700, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 21-10-2021Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.323.597.4853070 Kortenberg, since 21-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €62,604▼ 39.6%
- Filing
- Filed on 15-04-2026, 107 days before the end of the filing period
Insights on Moffat Development
Moffat Development files the micro format. That format states no turnover. The gross margin fell from €119,968 in 2022 to -€28,347 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Moffat Development
- What is the company number of Moffat Development?
- The company number of Moffat Development is 0776.368.006. The VAT number is the same number with BE in front: BE 0776.368.006.
- Where is Moffat Development based?
- The registered office is at Hofstraat 85, 3070 Kortenberg.Company details
- What does Moffat Development do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Moffat Development?
- Moffat Development is a private limited company (BV).
- When was Moffat Development founded?
- Moffat Development was founded on 21-10-2021.
- Is Moffat Development still active?
- Yes, Moffat Development is an active enterprise in the KBO register.
- What is the turnover of Moffat Development?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Moffat Development profitable?
- In financial year 2025, Moffat Development made a loss of €29,838.
- Where can I find the annual accounts of Moffat Development?
- Moffat Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Moffat Development due?
- Moffat Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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