Equity
Motion Planet has made a profit in every financial year since 2018.
Motion Planet has made a profit in every financial year since 2018.
The result rose in 2025 from €85,118 to €185,836.
€836,694 of the debts are secured on the company's own assets. In 2022 that was €647,960.
Mortgages, new in 2025. 1.1 times equity · not in the 2024 accounts.
Green is investment, beige is depreciation.
In 2025, 7 people joined and 13 left.
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 18% of them on solvency, 32% on liquidity, 71% on profitability and 96% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,684 companies had the same profile as Motion Planet has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Motion Planet itself: 1.0% within 12 months.
The method was tested on the 497,448 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 2,684 companies, not a prediction for Motion Planet. 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.
Liquidity is insufficient, with a current ratio of 0.93 (0.98 in 2024), below 1. Short-term debt is 38.9% and cash 2.4% of total assets. 83.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Motion Planet Wingene | €2.1m | €1.5m | 16.9% | 18.6 |
| GVD PALEN Ostend | €3.1m | €1.4m | 13.7% | 14.3 |
| LYBOTECH Waregem | €1.3m | €1.9m | 5.8% | 17.6 |
| NEW ASA Morlanwelz | €1.5m | €1.1m | 40.9% | 16.6 |
| Worksgroup Stabroek | €1.8m | €1.9m | 7.0% | 26 |
| ENGELS ECHAFAUDAGES Le Roeulx | €1.5m | €1.0m | 19.3% | 16.5 |
| ARBER Roeselare | €3.1m | €1.7m | 35.4% | 12.3 |
These companies have the same main activity as Motion Planet: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.3m and €3.1m, founded between 2014 and 2017.
Motion Planet files the abbreviated format. That format states no turnover. The gross margin rose from €128,287 in 2018 to €1.5m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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