MOODBOARD
ActiveSummary
MOODBOARD has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,787 and a net result of €21,036. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97=
Solvency98▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.92 against 8.1 in 2024; short-term debt: 26.6% and cash: 48.3% of total assets), and 26.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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
73.4%
Return on assets
22.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 5 filingsDeviation from the deadline
2025
26 d late
2024
153 d late
2023
48 d late
2022
11 d late
2020
68 d late
← 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 61 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 18 September (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€68,787▼ 35.5%
2024 · €106,575
Total assets
€93,682▼ 20.5%
2024 · €117,790
Net result
€21,036▼ 22.2%
2024 · €27,045
Working capital
€47,698▼ 40.1%
2024 · €79,653
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202022202320242025
Operating result€56,063-€23,797-€23,858▲ 0.3%€28,510▲ 19.5%€28,113▼ 1.4%
Net result€44,308above the sector's middle half-€17,224within the sector's middle half-€14,589within the sector's middle half▼ 15.3%€27,045within the sector's middle half▲ 85.4%€21,036within the sector's middle half▼ 22.2%
Equity€46,308within the sector's middle half-€64,940within the sector's middle half-€79,530within the sector's middle half▲ 22.5%€106,575within the sector's middle half▲ 34.0%€68,787within the sector's middle half▼ 35.5%
Total assets€60,595within the sector's middle half-€84,343within the sector's middle half-€102,842within the sector's middle half▲ 21.9%€117,790within the sector's middle half▲ 14.5%€93,682within the sector's middle half▼ 20.5%
Debt€14,286-€19,403-€23,312▲ 20.1%€11,216▼ 51.9%€24,895▲ 122%
Working capital€45,051within the sector's middle half-€48,399within the sector's middle half-€52,163within the sector's middle half▲ 7.8%€79,653within the sector's middle half▲ 52.7%€47,698within the sector's middle half▼ 40.1%
Solvency76.4%above the sector's middle half-77.0%above the sector's middle half-77.3%above the sector's middle half▲ 0.3pp90.5%above the sector's middle half▲ 13.1pp73.4%within the sector's middle half▼ 17.1pp
Current ratio4.15above the sector's middle half-3.49within the sector's middle half-3.24within the sector's middle half▼ 0.268.10above the sector's middle half▲ 4.862.92within the sector's middle half▼ 5.19
Return on assets (ROA)73.1%above the sector's middle half-20.4%within the sector's middle half-14.2%within the sector's middle half▼ 6.2pp23.0%within the sector's middle half▲ 8.8pp22.5%within the sector's middle half▼ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,682
Fixed assets
€21,090 ▼ 21.7%
Current assets
€72,592 ▼ 20.1%
Equity and liabilities €93,682
Equity
€68,787 ▼ 35.5%
Debt
€24,895 ▲ 122%
Debt's share of the balance-sheet total rises from 9.5% to 26.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36,397▲
2024 · €36,291
Cash flow
€29,320▼
2024 · €34,826
Debt to equity
0.36▲
2024 · 0.11
ROE
30.6%▲
2024 · 25.4%
Interest coverage
651.11▲
2024 · 258.78
Debt ≤ 1 year
€24,895▲
2024 · €11,216
Income taxes
€7,021▼
2024 · €7,798
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €452 | €2,724 | €7,575 | €7,781 | €8,284 | ▲ 6.5% |
| Other operating charges640/8 | - | €814 | €1,024 | €1,418 | €1,260 | ▼ 11.2% |
| Gross operating margin9900 | €56,515 | €27,334 | €32,457 | €37,709 | €37,657 | ▼ 0.1% |
| Operating profit (loss)9901 | €56,063 | €23,797 | €23,858 | €28,510 | €28,113 | ▼ 1.4% |
| Financial income75/76B | - | €0 | €0 | €6,473 | - | - |
| Recurring financial income75 | €183 | €0 | €0 | €6,473 | - | - |
| Non-recurring financial income76B | - | - | - | €6,473 | - | - |
| Financial charges65/66B | - | €473 | €149 | €140 | €56 | ▼ 60.1% |
| Recurring financial charges65 | €108 | €473 | €149 | €140 | €56 | ▼ 60.1% |
| Profit (loss) for the period before taxes9903 | €56,138 | €23,324 | €23,710 | €34,843 | €28,057 | ▼ 19.5% |
| Income taxes67/77 | €11,830 | €6,100 | €9,121 | €7,798 | €7,021 | ▼ 10.0% |
| Profit (loss) for the period9904 | €44,308 | €17,224 | €14,589 | €27,045 | €21,036 | ▼ 22.2% |
| Profit (loss) for the period to be appropriated9905 | €44,308 | €17,224 | €14,589 | €27,045 | €21,036 | ▼ 22.2% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60,595 | €84,343 | €102,842 | €117,790 | €93,682 | ▼ 20.5% |
| Fixed assets21/28 | €1,257 | €16,542 | €27,367 | €26,922 | €21,090 | ▼ 21.7% |
| Tangible fixed assets22/27 | €1,257 | €16,542 | €27,367 | €26,922 | €21,090 | ▼ 21.7% |
| Land and buildings22 | - | €2,713 | €2,065 | €1,417 | €768 | ▼ 45.8% |
| Plant, machinery and equipment23 | - | - | €687 | €6,353 | €5,557 | ▼ 12.5% |
| Furniture and vehicles24 | - | €13,829 | €24,615 | €19,152 | €14,764 | ▼ 22.9% |
| Current assets29/58 | €59,337 | €67,801 | €75,475 | €90,868 | €72,592 | ▼ 20.1% |
| Amounts receivable within one year40/41 | €12,645 | €14,296 | €15,108 | €28,822 | €24,445 | ▼ 15.2% |
| Trade receivables40 | - | €14,296 | €15,108 | €3,822 | €24,445 | ▲ 540% |
| Other amounts receivable41 | - | - | - | €25,000 | - | - |
| Cash at bank and in hand54/58 | €46,693 | €50,402 | €60,367 | €62,046 | €45,270 | ▼ 27.0% |
| Deferred charges and accrued income490/1 | - | €3,104 | - | - | €2,877 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60,595 | €84,343 | €102,842 | €117,790 | €93,682 | ▼ 20.5% |
| Equity10/15 | €46,308 | €64,940 | €79,530 | €106,575 | €68,787 | ▼ 35.5% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €44,308 | €62,940 | €77,530 | €104,575 | €66,787 | ▼ 36.1% |
| Amounts payable17/49 | €14,286 | €19,403 | €23,312 | €11,216 | €24,895 | ▲ 122% |
| Amounts payable within one year42/48 | €14,286 | €19,403 | €23,312 | €11,216 | €24,895 | ▲ 122% |
| Trade debts44 | €408 | €327 | €438 | - | - | - |
| Suppliers440/4 | - | €327 | €438 | - | - | - |
| Taxes, remuneration and social security45 | - | €17,327 | €21,215 | €9,557 | €24,895 | ▲ 160% |
| Taxes450/3 | - | €13,971 | €21,215 | €9,557 | €24,895 | ▲ 160% |
| Remuneration and social security454/9 | - | €3,356 | - | - | - | - |
| Other amounts payable47/48 | - | €1,749 | €1,658 | €1,658 | - | - |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,308 | €17,224 | €14,589 | €27,045 | €21,036 | ▼ 22.2% |
| + Depreciation and write-downs630 | €452 | €2,724 | €7,575 | €7,781 | €8,284 | ▲ 6.5% |
| Operating cash flow (approximation) | €44,760 | €19,948 | €22,164 | €34,826 | €29,320 | ▼ 15.8% |
| Investment in fixed assets (approximation) | - | - | -€18,400 | -€7,336 | -€2,452 | ▲ 66.6% |
| Change in cash | - | - | €9,965 | €1,680 | -€16,777 | ▼ 1,099% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 8.10
Current ratio from 3.24 to 8.10; short-term debt falls from €23,312 to €11,216.
31-12
Financial
Equity above €100,000Eq €106,575 ▲34%
4 profitable years in a row build equity to €106,575.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Weakest financial yearnet €14,589 ▼15.3%
Net result drops to €14,589, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2021
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
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.
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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, Grimbergen · 1 establishment unit since 2019
Ground area
1,192 m²
Building footprint
183 m²
Volume, LiDAR
932 m³
Parcel 23005A0142/00E000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MOODBOARD
since 20192.292.925.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23005A0142/00E000 | Flanders | 1,192 m² | 1 · 183 m² | 8.5 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.
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Of 24,518 companies in sector 82990 we hold annual accounts for 9,421. 7,100 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
Founded22-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47120Other non-specialised retail sale
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
68321Property management for co-owned buildings (syndics)
82300Organisation of conventions and trade shows
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730926573
Registered
01-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.