MOTHATOR
ActiveMOTHATOR has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €-37k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 45% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-70
Solvency36▼-29
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.6 against 0.63 in 2024), and 71.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.7%
Return on assets
-53.6%
Age of the figures
11 mo
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 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
15 d early
2023
22 d early
2022
30 d early
2021
30 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 65.2%
2024 · €56k
2018: €48k
2019: €47k
2020: €61k
2021: €60k
2022: €59k
2023: €48k
2024: €56k
2018 → 2025
Total assets
€68k▼ 37.4%
2024 · €109k
2018: €113k
2019: €105k
2020: €127k
2021: €131k
2022: €120k
2023: €117k
2024: €109k
2018 → 2025
Net result
€-37k
2024 · €8k
2018: €-6k
2019: €-1k
2020: €14k
2021: €-519
2022: €-2k
2023: €-10k
2024: €8k
2018 → 2025
Working capital
€-19k▼ 4.3%
2024 · €-19k
2018: €-49k
2019: €-44k
2020: €-23k
2021: €-26k
2022: €-30k
2023: €-36k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€59k▼ 3.0%€48k▼ 17.3%€56k▲ 16.1%€20k▼ 65.2%
Operating result€2k-€562▼ 77.4%€-8k€11k€803▼ 92.6%
Net result€-519-€-2k▼ 246%€-10k▼ 467%€8k€-37k
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 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€39k▼ 50.3%
Current assets
€30k▼ 5.0%
Equity and liabilities €68k
Equity
€20k▼ 65.2%
Debt
€49k▼ 7.9%
The debt ratio rises from 48.5% to 71.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€3k▼
2024 · €14k
Cash flow
€-35k▼
2024 · €11k
Solvency
28.7%▼
2024 · 51.5%
Current ratio
0.60▼
2024 · 0.63
Quick ratio
0.60▼
2024 · 0.63
Debt / equity
2.49▲
2024 · 0.94
ROE
-187.1%▼
2024 · 13.9%
ROA
-53.6%▼
2024 · 7.2%
Interest coverage
10.49▲
2024 · 6.21
Debt
€49k▼
2024 · €53k
Debt ≤ 1 year
€49k▼
2024 · €50k
Income taxes
€151▼
2024 · €850
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€109k€68k▼
Fixed assets21/28€78k€39k▼
Tangible fixed assets22/27€41k€39k▼
Land and buildings22€38k€38k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€37k-
Current assets29/58€31k€30k▼
Amounts receivable within one year40/41€13k€6k▼
Trade receivables40€13k€6k▼
Cash at bank and in hand54/58€18k€17k▼
Deferred charges and accrued income490/1€645€6k▲
Equity and liabilities
Total equity and liabilities10/49€109k€68k▼
Equity10/15€56k€20k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€59k€59k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€-127k€-163k▼
Amounts payable17/49€53k€49k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€50k€49k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€1k€269▼
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€43k€44k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€15k€4k▼
Operating profit (loss)9901€11k€803▼
Financial income75/76B€52€109▲
Recurring financial income75€52€109▲
Financial charges65/66B€2k€37k▲
Recurring financial charges65€2k€282▼
Non-recurring financial charges66B-€37k
Profit (loss) for the period before taxes9903€9k€-37k▼
Income taxes67/77€850€151▼
Profit (loss) for the period9904€8k€-37k▼
Profit (loss) for the period to be appropriated9905€8k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-127k€-163k▼
Profit (loss) brought forward from the previous period14P€-134k€-127k▲
The notes to these accounts (8 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-37k ▼569%
Net result drops to €-37k, the lowest in the series.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
07-05-2026
Van Gompel Frederik: Resigned as Director
07-06-2004
Monique Vandromme: Appointed as Permanent representative
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2001
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.
Oude Heirweg(ICH) 238480 IchtegemGround area
439 m²
Building footprint
114 m²
Volume, LiDAR
564 m³
Parcel 35006D0235/00R004, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MULES
since 20012.046.656.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006D0235/00R004 | Flanders | 439 m² | 1 · 114 m² | 7.0 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.
Similar companies · same sector, comparable size
DECEBAL
BE 0813.222.957
Sambreville · Eq €20k
L'ETABLI
BE 0865.752.120
Quévy · Eq €19k
CALOR-BOIS/ENERGIES NOUVELLES
BE 0860.610.229
Marchin · Eq €19k
Bricobati Degreef
BE 0849.768.993
Etterbeek · Eq €20k
COGAR
BE 0434.568.809
Ecaussinnes · Eq €20k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-12-1989
Fiscal year end30-09
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
68310Real estate agency activities
68311Real estate activities
70311
74201Photography, excluding press photography
74811
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.