MOOTRANS
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 35 filings
Turnover
≈ €2.1m
Estimated: probably between €1.9m and €2.5m
EBIT margin
Not included in this filing
Net result
€44,986▼ 69.1%
2024 · €145,725
Working capital
-€105,538▲ 0.3%
2024 · -€105,872
In the rankings
#4 oldest company in Lebbeke, Transport and storage sector#6 company by equity in Lebbeke, Transport and storage sector#7 company by total assets in Lebbeke, Transport and storage sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€96,310
▼ 55.4%
2025
20182025
Net result
€44,986
▼ 69.1%
2025
middle half of the sector
20182025
Equity
€391,864
▲ 13.0%
2025
middle half of the sector
20182025
Total assets
€1.8m
▲ 8.2%
2025
middle half of the sector
20182025
Debt
€1.4m
▲ 6.9%
2025
20182025
Working capital
-€105,538
▲ 0.3%
2025
lowest quarter of the sector
20182025
Solvency
22.0%
▲ 0.9pp
2025
middle half of the sector
20182025
Current ratio
0.84
▲ 0.02
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
2.5%
▼ 6.3pp
2025
middle half of the sector
20182025
Staff (FTE)
10.2
▲ 13.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.06m-€0.03m▼ 49.5%€0.04m▲ 46.6%€0.1m▲ 124%€0.2m▲ 108%€0.09m▼ 57.5%€0.2m▲ 148%€0.1m▼ 55.4%
Net result€0.02m-€0.005m▼ 79.6%€0.02mwithin the sector's middle half▲ 229%€0.06mwithin the sector's middle half▲ 269%€0.2mabove the sector's middle half▲ 186%€0.05mwithin the sector's middle half▼ 68.2%€0.1mabove the sector's middle half▲ 180%€0.04mwithin the sector's middle half▼ 69.1%
Equity€0.3m-€0.3m▲ 1.4%€0.3mwithin the sector's middle half▲ 4.6%€0.4mwithin the sector's middle half▲ 4.4%€0.2mwithin the sector's middle half▼ 45.5%€0.2mwithin the sector's middle half▲ 13.6%€0.3mwithin the sector's middle half▲ 53.4%€0.4mwithin the sector's middle half▲ 13.0%
Total assets€1.4m-€1.5m▲ 4.6%€1.2mwithin the sector's middle half▼ 20.4%€1.3mwithin the sector's middle half▲ 11.6%€1.4mwithin the sector's middle half▲ 4.4%€1.4mwithin the sector's middle half▲ 2.9%€1.6mwithin the sector's middle half▲ 16.3%€1.8mwithin the sector's middle half▲ 8.2%
Debt€1.1m-€1.1m▲ 5.5%€0.8m▼ 27.6%€1.0m▲ 14.6%€1.2m▲ 23.5%€1.2m▲ 1.1%€1.3m▲ 9.3%€1.4m▲ 6.9%
Working capital-€0.3m--€0.3m▲ 0.9%-€0.2mbelow the sector's middle half▲ 37.1%-€0.2mbelow the sector's middle half▲ 1.7%-€0.2mbelow the sector's middle half▲ 5.3%-€0.1mbelow the sector's middle half▲ 35.4%-€0.1mbelow the sector's middle half▲ 5.0%-€0.1mbelow the sector's middle half▲ 0.3%
Solvency23.2%-22.5%▼ 0.7pp29.6%within the sector's middle half▲ 7.1pp27.7%within the sector's middle half▼ 1.9pp14.5%below the sector's middle half▼ 13.2pp16.0%below the sector's middle half▲ 1.5pp21.1%below the sector's middle half▲ 5.1pp22.0%within the sector's middle half▲ 0.9pp
Current ratio0.53-0.56▲ 0.020.63below the sector's middle half▲ 0.080.66below the sector's middle half▲ 0.030.77below the sector's middle half▲ 0.110.86below the sector's middle half▲ 0.090.82below the sector's middle half▼ 0.040.84below the sector's middle half▲ 0.02
Return on assets (ROA)1.6%-0.3%▼ 1.3pp1.3%within the sector's middle half▲ 1.0pp4.3%within the sector's middle half▲ 3.0pp11.9%above the sector's middle half▲ 7.6pp3.7%within the sector's middle half▼ 8.2pp8.8%within the sector's middle half▲ 5.2pp2.5%within the sector's middle half▼ 6.3pp
Staff (FTE)9.6-11.7▲ 21.9%11.6within the sector's middle half▼ 0.9%7.6within the sector's middle half▼ 34.5%5.6within the sector's middle half▼ 26.3%7.8within the sector's middle half▲ 39.3%9within the sector's middle half▲ 15.4%10.2within the sector's middle half▲ 13.3%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 55% lower than in 2024.
Large changes and their cause
- 2025 Net result -69% on 2024. The accounts now follow the full format, last year the abbreviated format.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.2m ▲ 6.8%
Current assets
€548,034 ▲ 11.4%
Equity and liabilities €1.8m
Equity
€391,864 ▲ 13.0%
Debt
€1.4m ▲ 6.9%
Debt's share of the balance-sheet total falls from 78.9% to 78.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€363,416▼
2024 · €435,391
Cash flow
€312,092▼
2024 · €365,000
Quick ratio
0.81▲
2024 · 0.80
Debt to equity
3.55▼
2024 · 3.75
ROE
11.5%▼
2024 · 42.0%
Interest coverage
8.33▼
2024 · 10.82
Debt ≤ 1 year
€653,572▲
2024 · €597,630
Debt > 1 year
€736,402▲
2024 · €702,896
Income taxes
€7,860▼
2024 · €30,337
Staff costs
€668,426▲
2024 · €638,899
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 8 | 8 | 9 | 12 |
| full-time | 4 | 8 | 8 | 9 | 12 |
| part-time | - | - | - | - | 0 |
| in full-time equivalents | 4 | 8 | 8 | 9 | 12 |
| Average over the year, in full-time equivalents | 7.6 | 5.6 | 7.8 | 9 | 10.2 |
| On a permanent contract | 4 | 7 | 8 | 8 | 9 |
| Joined | 5 | 4 | - | - | 11 |
| Left | 11 | 0 | - | - | 8 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €371,543 | €78,557 | €178,204 | €633,183 | €345,399 |
| Intangible fixed assets | - | - | €7,490 | - | - |
| Financial fixed assets | - | €800 | - | €540 | €0 |
| Depreciation and write-downs of the year | €269,586 | €250,232 | €222,936 | €219,275 | €267,106 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 3 entries · €9,573 awarded · €9,408 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €282 | €117 |
| 2023 | 2 | €9,291 | €9,291 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.08m | €0.04m | - | €0.02m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.3m | €0.5m | €0.6m | €0.7m | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 21.8% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.06m | €0.07m | €0.09m | €0.1m | ▲ 13.0% |
| Non-recurring operating charges66A | - | - | - | €0.001m | - | - | - | - | - |
| Gross operating margin9900 | €0.8m | €1.0m | €0.8m | €0.8m | €0.8m | €0.9m | €1.2m | €1.1m | ▼ 2.6% |
| Operating profit (loss)9901 | €0.06m | €0.03m | €0.04m | €0.1m | €0.2m | €0.09m | €0.2m | €0.1m | ▼ 55.4% |
| Financial income75/76B | - | - | - | €1 | - | €487 | €173 | €156 | ▼ 9.5% |
| Recurring financial income75 | €11 | €379 | €0 | €1 | - | €487 | €173 | €156 | ▼ 9.5% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.02m | €0.04m | €0.04m | ▲ 8.4% |
| Recurring financial charges65 | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | €0.04m | ▲ 8.4% |
| Profit (loss) for the period before taxes9903 | €0.03m | €0.008m | €0.02m | €0.08m | €0.2m | €0.06m | €0.2m | €0.05m | ▼ 70.0% |
| Income taxes67/77 | €0.01m | €0.003m | €0.009m | €0.02m | €0.02m | €0.01m | €0.03m | €0.008m | ▼ 74.1% |
| Profit (loss) for the period9904 | €0.02m | €0.005m | €0.02m | €0.06m | €0.2m | €0.05m | €0.1m | €0.04m | ▼ 69.1% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.005m | €0.02m | €0.06m | €0.2m | €0.05m | €0.1m | €0.04m | ▼ 62.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.5m | €1.2m | €1.3m | €1.4m | €1.4m | €1.6m | €1.8m | ▲ 8.2% |
| Fixed assets21/28 | €1.1m | €1.1m | €0.9m | €1.0m | €0.8m | €0.7m | €1.2m | €1.2m | ▲ 6.8% |
| Intangible fixed assets21 | - | - | - | - | - | €0.007m | €0.005m | €0.004m | ▼ 27.7% |
| Tangible fixed assets22/27 | €1.1m | €1.1m | €0.9m | €1.0m | €0.8m | €0.7m | €1.1m | €1.2m | ▲ 7.0% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 4.2% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.005m | €0.01m | €0.02m | €0.01m | ▼ 28.0% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.08m | €0.1m | €0.09m | €0.08m | ▼ 8.4% |
| Leasing and similar rights25 | - | - | - | €0.6m | €0.4m | €0.3m | €0.7m | €0.8m | ▲ 13.1% |
| Other tangible fixed assets26 | - | - | - | €0.003m | €0.001m | - | - | €0.01m | - |
| Financial fixed assets28 | €0.002m | €0.003m | €0.003m | €0.003m | €0.004m | €0.002m | €0.003m | €0.003m | ▼ 4.6% |
| Current assets29/58 | €0.3m | €0.4m | €0.3m | €0.4m | €0.6m | €0.7m | €0.5m | €0.5m | ▲ 11.4% |
| Stocks and contracts in progress3 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.01m | €0.02m | ▲ 33.8% |
| Stocks30/36 | - | - | - | €0.003m | €0.003m | €0.003m | €0.01m | €0.02m | ▲ 33.8% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.2m | €0.4m | €0.6m | €0.4m | €0.4m | ▲ 19.8% |
| Trade receivables40 | - | - | - | €0.2m | €0.4m | €0.5m | €0.3m | €0.4m | ▲ 18.9% |
| Other amounts receivable41 | - | - | - | - | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 44.3% |
| Cash at bank and in hand54/58 | €0.04m | €0.03m | €0.06m | €0.1m | €0.2m | €0.09m | €0.1m | €0.07m | ▼ 25.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.02m | €0.01m | €0.03m | €0.03m | ▲ 27.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.2m | €1.3m | €1.4m | €1.4m | €1.6m | €1.8m | ▲ 8.2% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.4m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 13.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | - | - | - | - | €0.06m | - |
| Issued capital100 | - | - | - | - | - | - | - | €0.06m | - |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 50.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | - | - | - | - | €0.006m | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.006m | €0.006m | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | - | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.09m | €0.1m | €0.2m | €0.3m | ▲ 60.4% |
| Profit (loss) carried forward14 | €0.09m | €0.09m | €0.09m | €0.2m | €0.08m | €0.02m | €0.1m | €0.04m | ▼ 53.0% |
| Amounts payable17/49 | €1.1m | €1.1m | €0.8m | €1.0m | €1.2m | €1.2m | €1.3m | €1.4m | ▲ 6.9% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €0.3m | €0.4m | €0.4m | €0.4m | €0.7m | €0.7m | ▲ 4.8% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.4m | €0.7m | €0.7m | ▲ 4.8% |
| Amounts payable within one year42/48 | €0.6m | €0.7m | €0.5m | €0.5m | €0.8m | €0.8m | €0.6m | €0.7m | ▲ 9.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 5.5% |
| Financial debts43 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 6.1% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 6.1% |
| Trade debts44 | €0.08m | €0.1m | €0.05m | €0.06m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 84.9% |
| Suppliers440/4 | - | - | - | €0.06m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 84.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.009m | €0.06m | €0.04m | €0.07m | ▲ 72.3% |
| Taxes450/3 | - | - | - | €0.03m | - | €0.03m | €0.01m | €0.03m | ▲ 177% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.009m | €0.03m | €0.03m | €0.04m | ▲ 29.5% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.2m | €0.1m | €0.06m | €0.02m | ▼ 65.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,083 | €4,716 | €15,518 | €57,282 | €163,922 | €52,121 | €145,725 | €44,986 | ▼ 69.1% |
| + Depreciation and write-downs630 | €270,348 | €310,887 | €278,530 | €269,586 | €250,232 | €222,936 | €219,275 | €267,106 | ▲ 21.8% |
| Operating cash flow (approximation) | €293,431 | €315,602 | €294,048 | €326,867 | €414,154 | €275,057 | €365,000 | €312,092 | ▼ 14.5% |
| Investment in fixed assets (approximation) | - | -€347,775 | -€26,235 | -€367,983 | -€79,357 | -€174,698 | -€633,154 | -€345,264 | ▲ 45.5% |
| Change in cash | - | -€15,734 | €31,860 | €86,470 | €16,435 | -€65,918 | €4,428 | -€24,942 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as MOOTRANS has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.9%
was still going
1.9%
stopped otherwise
1.1%
went bankrupt
That fits the bankruptcy probability of MOOTRANS itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,685 companies, not a prediction for MOOTRANS. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 22-07-2026 | 2026-00316109 | |
| 31-12-2024 | abbreviated format | 28-07-2025 | 2025-00315665 | |
| 31-12-2023 | abbreviated format | 22-07-2024 | 2024-00274039 | |
| 31-12-2022 | abbreviated format | 01-06-2023 | 2023-00106679 | |
| 31-12-2021 | abbreviated format | 13-06-2022 | 2022-20068754 | |
| 31-12-2020 | abbreviated format | 18-06-2021 | 2021-22300016 | |
| 31-12-2019 | abbreviated format | 17-06-2020 | 2020-17800122 | |
| 31-12-2018 | abbreviated format | 21-06-2019 | 2019-21700531 | |
| 31-12-2017 | abbreviated format | 23-06-2018 | 2018-23200223 | |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-21000058 |