Motion Medical Holding
The computed 12-month bankruptcy probability of Motion Medical Holding is 1.0% (low). The 2024 annual accounts show equity of €1.02M and a net result of €15k. Its solvency ranks better than 43% of 269 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.02M |
| Net result | €15k |
| Staff (FTE) | 2 |
| Better than sector | 43% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.9% | 30.7% | |
| Net result | €15k | €6k | |
| Equity | €1.02M | €30k | |
| Gross operating margin | €275k | €33k | |
| Staff costs | €201k | €59k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €15k |
| Cash flow | - |
| Staff costs | €201k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €4.45M |
| Equity | €1.02M |
| Debt | €3.43M |
| of which ≤ 1y | €1.32M |
| of which > 1y | €2.12M |
| Working capital | €-1.22M |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -27.4% |
| Solvency | 22.9% |
| Debt / equity | 3.37 |
| Long-term debt ratio | 2.08 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.3% |
| ROE | 1.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.45M |
| Fixed assets | 21/28 | €4.36M |
| Financial fixed assets | 28 | €4.36M |
| Current assets | 29/58 | €96k |
| Amounts receivable within one year | 40/41 | €64k |
| Cash & bank | 54/58 | €31k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.45M |
| Equity | 10/15 | €1.02M |
| Contributions / capital | 10/11 | €534k |
| Accumulated profits (losses) | 14 | €484k |
| Amounts payable | 17/49 | €3.43M |
| Amounts payable after one year | 17 | €2.12M |
| Amounts payable within one year | 42/48 | €1.32M |
| Trade debts payable within one year | 44 | €15k |
| Income statement | ||
| Gross operating margin | 9900 | €275k |
| Operating result | 9901 | €73k |
| Financial income | 75 | €12k |
| Financial charges | 65 | €64k |
| Result before taxes | 9903 | €21k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
-
REWISELegal entityDirector· perm. rep.: François CUITTEState Gazette act 23162203 (19-12-2023)Current19-12-2023 → present
| NACE primary | Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden(32500) |
| Legal form | Private limited company(610) |
| Incorporation | 28-04-2022 |
| Status | Active |
| Postal code | 6210 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52068C0242/00E000 | Wallonia | 2,774 m² | 1 · 1,131 m² | 6.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-12-2023 François CUITTE appointed as director
- François CUITTE, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "A02497",
"name": "Fran\u00E7ois CUITTE",
"address": null,
"birth_date": null,
"profession": "r\u00E9viseur d\u0027entreprises",
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
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"name": "REWISE",
"address": null,
"country": null,
"legal_form": "SRL"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Sur proposition du Conseil d\u0027Administration, l\u0027assembl\u00E9e g\u00E9n\u00E9rale confie \u00E0 la SRL REWISE (num\u00E9ro d\u0027enregistrement: B00010) le mandat de commissaire de la SRL MOTION MEDICAL HOLDING.",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "3"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Charleroi",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": "2023-12-08",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2022-10-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0785.521.143",
"name_full": "Motion Medical Holding",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsb",
"Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}| Legal nameFR | Motion Medical Holding |