Skip to content

Molotov

Active
Private limited companyfounded 20206 yrs activePaviljoenweg 28, 9040 Gent, BelgiumKBO/BCE: BE 0754.871.420
Summary

Molotov has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €38,194. Equity is shrinking by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency27▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2%
Return on assets
24.8%
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 10% of 17239 sector peers (2025).
NBB · sector comparison
Position among 17239 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
2 d late
2022
on the day
2021
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

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. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 September 2020, Molotov was incorporated as a Private limited company.1 Total assets went from EUR 70,006 in 2021 to EUR 153,799 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€3,000▼ 47.1%
2024 · €5,673
Total assets
€153,799▼ 7.0%
2024 · €165,409
Net result
€38,194▼ 1.7%
2024 · €38,840
Working capital
-€65,882▲ 9.8%
2024 · -€73,039
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€53,412-€53,222▼ 0.4%€47,147▼ 11.4%€50,015▲ 6.1%€54,690▲ 9.3%
Net result€42,199within the sector's middle half-€41,264within the sector's middle half▼ 2.2%€36,970within the sector's middle half▼ 10.4%€38,840within the sector's middle half▲ 5.1%€38,194within the sector's middle half▼ 1.7%
Equity€43,599within the sector's middle half-€84,862within the sector's middle half▲ 94.6%€121,832within the sector's middle half▲ 43.6%€5,673below the sector's middle half▼ 95.3%€3,000below the sector's middle half▼ 47.1%
Total assets€70,006below the sector's middle half-€114,601within the sector's middle half▲ 63.7%€146,609within the sector's middle half▲ 27.9%€165,409within the sector's middle half▲ 12.8%€153,799within the sector's middle half▼ 7.0%
Debt€26,407-€29,739▲ 12.6%€24,777▼ 16.7%€159,737▲ 545%€150,799▼ 5.6%
Working capital€27,504within the sector's middle half-€30,827within the sector's middle half▲ 12.1%€67,886within the sector's middle half▲ 120%-€73,039below the sector's middle half-€65,882below the sector's middle half▲ 9.8%
Solvency62.3%within the sector's middle half-74.1%within the sector's middle half▲ 11.8pp83.1%above the sector's middle half▲ 9.1pp3.4%below the sector's middle half▼ 79.7pp2.0%below the sector's middle half▼ 1.5pp
Current ratio2.04within the sector's middle half-2.04within the sector's middle half=3.74within the sector's middle half▲ 1.700.54below the sector's middle half▼ 3.200.56below the sector's middle half▲ 0.02
Return on assets (ROA)60.3%above the sector's middle half-36.0%above the sector's middle half▼ 24.3pp25.2%within the sector's middle half▼ 10.8pp23.5%within the sector's middle half▼ 1.7pp24.8%within the sector's middle half▲ 1.4pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €53,412€53,412Net result 2021: €42,199€42,199Operating result 2022: €53,222€53,222Net result 2022: €41,264€41,264Operating result 2023: €47,147€47,147Net result 2023: €36,970€36,970Operating result 2024: €50,015€50,015Net result 2024: €38,840€38,840Operating result 2025: €54,690€54,690Net result 2025: €38,194€38,19420212022202320242025€0€20,000€40,000€60,000Operating result 2023: €47,147€47,100Net result 2023: €36,970€37,000Operating result 2024: €50,015€50,000Net result 2024: €38,840€38,800Operating result 2025: €54,690€54,700Net result 2025: €38,194€38,200202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153,799
Fixed assets €68,882 ▼ 12.5%
Current assets €84,917 ▼ 2.1%
Equity and liabilities €153,799
Equity €3,000 ▼ 47.1%
Debt €150,799 ▼ 5.6%
Debt's share of the balance-sheet total rises from 96.6% to 98.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€66,864▲
2024 · €53,469
Cash flow
€50,368▲
2024 · €42,295
Debt to equity
50.27▲
2024 · 28.16
Interest coverage
210.31▼
2024 · 307.29
Debt ≤ 1 year
€150,799▼
2024 · €159,737
Income taxes
€16,180▲
2024 · €11,205
A ratio outside any meaningful range has been withheld (balance sheet total €153,799, equity €3,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

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

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 1.0%
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% 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 2,153 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€165,409€153,799▼
Fixed assets21/28€78,711€68,882▼
Tangible fixed assets22/27€38,729€28,900▼
Plant, machinery and equipment23€2,045€2,339▲
Furniture and vehicles24€26,970€17,335▼
Other tangible fixed assets26€9,715€9,226▼
Financial fixed assets28€39,982€39,982=
Current assets29/58€86,698€84,917▼
Amounts receivable within one year40/41€17,163€27,440▲
Trade receivables40€13,310€26,620▲
Other amounts receivable41€3,853€820▼
Cash at bank and in hand54/58€67,394€55,263▼
Deferred charges and accrued income490/1€2,141€2,214▲
Equity and liabilities
Total equity and liabilities10/49€165,409€153,799▼
Equity10/15€5,673€3,000▼
Contributions10/11€3,000€3,000=
Reserves13€2,673-
Distributable reserves133€2,673-
Amounts payable17/49€159,737€150,799▼
Amounts payable within one year42/48€159,737€150,799▼
Trade debts44€2,820€845▼
Suppliers440/4€2,820€845▼
Taxes, remuneration and social security45€4,650€14,159▲
Taxes450/3€4,650€14,159▲
Other amounts payable47/48€152,267€135,796▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,454€12,174▲
Other operating charges640/8€18,411€22,424▲
Gross operating margin9900€71,879€89,288▲
Operating profit (loss)9901€50,015€54,690▲
Financial income75/76B€205€2▼
Recurring financial income75€205€2▼
Financial charges65/66B€174€318▲
Recurring financial charges65€174€318▲
Profit (loss) for the period before taxes9903€50,045€54,374▲
Income taxes67/77€11,205€16,180▲
Profit (loss) for the period9904€38,840€38,194▼
Profit (loss) for the period to be appropriated9905€38,840€38,194▼
Appropriation of the result
Profit (loss) to be appropriated9906€38,840€38,194▼
Transfer from equity791/2€118,832€2,673▼
Transfer to equity691/2€2,673-
To other reserves6921€2,673-
Profit to be distributed694/7€155,000€40,867▼
Return on contributions (dividend)694€155,000€40,867▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€931€2,041€2,462€3,454€12,174▲ 252%
Other operating charges640/8€13,669€17,929€15,908€18,411€22,424▲ 21.8%
Gross operating margin9900€68,011€73,193€65,518€71,879€89,288▲ 24.2%
Operating profit (loss)9901€53,412€53,222€47,147€50,015€54,690▲ 9.3%
Financial income75/76B--€992€205€2▼ 99.1%
Recurring financial income75--€992€205€2▼ 99.1%
Financial charges65/66B€30€90€111€174€318▲ 82.7%
Recurring financial charges65€30€90€111€174€318▲ 82.7%
Profit (loss) for the period before taxes9903€53,382€53,132€48,028€50,045€54,374▲ 8.6%
Income taxes67/77€11,183€11,868€11,058€11,205€16,180▲ 44.4%
Profit (loss) for the period9904€42,199€41,264€36,970€38,840€38,194▼ 1.7%
Profit (loss) for the period to be appropriated9905€42,199€41,264€36,970€38,840€38,194▼ 1.7%
Line20212022202320242025Change
Assets
Total assets20/58€70,006€114,601€146,609€165,409€153,799▼ 7.0%
Fixed assets21/28€16,094€54,035€53,946€78,711€68,882▼ 12.5%
Tangible fixed assets22/27€16,094€14,053€13,964€38,729€28,900▼ 25.4%
Plant, machinery and equipment23--€1,452€2,045€2,339▲ 14.4%
Furniture and vehicles24€2,788€2,111€1,433€26,970€17,335▼ 35.7%
Other tangible fixed assets26€13,306€11,942€11,078€9,715€9,226▼ 5.0%
Financial fixed assets28-€39,982€39,982€39,982€39,982=
Current assets29/58€53,912€60,566€92,663€86,698€84,917▼ 2.1%
Amounts receivable after more than one year29-€25,000€25,000---
Other amounts receivable291-€25,000€25,000---
Amounts receivable within one year40/41€34,684€26,326€12,700€17,163€27,440▲ 59.9%
Trade receivables40€34,625€26,246€12,553€13,310€26,620▲ 100%
Other amounts receivable41€59€80€147€3,853€820▼ 78.7%
Cash at bank and in hand54/58€18,978€9,113€54,833€67,394€55,263▼ 18.0%
Deferred charges and accrued income490/1€250€127€130€2,141€2,214▲ 3.4%
Equity and liabilities
Total equity and liabilities10/49€70,006€114,601€146,609€165,409€153,799▼ 7.0%
Equity10/15€43,599€84,862€121,832€5,673€3,000▼ 47.1%
Contributions10/11€3,000€3,000€3,000€3,000€3,000=
Reserves13--€118,832€2,673--
Distributable reserves133--€118,832€2,673--
Profit (loss) carried forward14€40,599€81,862----
Amounts payable17/49€26,407€29,739€24,777€159,737€150,799▼ 5.6%
Amounts payable within one year42/48€26,407€29,739€24,777€159,737€150,799▼ 5.6%
Trade debts44€506€1,506€1,409€2,820€845▼ 70.0%
Suppliers440/4€506€1,506€1,409€2,820€845▼ 70.0%
Taxes, remuneration and social security45€17,513€18,889€17,706€4,650€14,159▲ 205%
Taxes450/3€17,513€18,889€17,706€4,650€14,159▲ 205%
Other amounts payable47/48€8,388€9,344€5,662€152,267€135,796▼ 10.8%
Line20212022202320242025Change
Profit (loss) for the period9904€42,199€41,264€36,970€38,840€38,194▼ 1.7%
+ Depreciation and write-downs630€931€2,041€2,462€3,454€12,174▲ 252%
Operating cash flow (approximation)€43,129€43,305€39,432€42,295€50,368▲ 19.1%
Investment in fixed assets (approximation)--€39,982-€2,374-€28,219-€2,345▲ 91.7%
Change in cash--€9,865€45,720€12,560-€12,131▼ 197%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-09
Financial Weakest financial yearnet €36,970 ▼10.4%
Net result drops to €36,970, the lowest in the series; recovery starts the following year.
30-09
Financial Equity above €100,000Eq €121,832 ▲43.6%
3 profitable years in a row build equity to €121,832.
30-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State 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.

Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
187 m²
Building footprint
61 m²
Volume, LiDAR
626 m³
Parcel 44061B0328/00P003, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Molotov
Paviljoenweg 28, 9040 GentRetail trade
since 20202.308.267.428
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44061B0328/00P003 Flanders 187 m² 1 · 61 m² 12.8 m · 3 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2025 of Molotov and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 4,275 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
Founded24-09-2020
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID 0208:0754871420
Registered 25-10-2025

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

Register as of 30 September 2026 · Peppol Directory

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