MOTISHA
ActiveMOTISHA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €535k and a net result of €149k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 8636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+32
Solvency53▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.54 in 2024; short-term debt: 60% and cash: 14.5% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
27.6%
Return on assets
7.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
13 d early
2023
29 d early
2022
28 d early
2021
9 d early
2020
11 d early
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€535k▲ 38.6%
2024 · €386k
2018: €235k
2019: €179k
2020: €95k
2021: €662k
2022: €689k
2023: €576k
2024: €386k
2018 → 2025
Total assets
€1.94M▲ 10.8%
2024 · €1.75M
2018: €1.10M
2019: €1.45M
2020: €1.44M
2021: €1.77M
2022: €2.02M
2023: €2.60M
2024: €1.75M
2018 → 2025
Net result
€149k
2024 · €-191k
2018: €-80k
2019: €-56k
2020: €-85k
2021: €317k
2022: €28k
2023: €-113k
2024: €-191k
2018 → 2025
Working capital
€-455k▲ 3.1%
2024 · €-470k
2018: €176k
2019: €-210k
2020: €-76k
2021: €-107k
2022: €-173k
2023: €-426k
2024: €-470k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€662k-€689k▲ 4.2%€576k▼ 16.4%€386k▼ 33.1%€535k▲ 38.6%
Operating result€366k-€55k▼ 85.1%€-67k€-162k▼ 142%€229k
Net result€317k-€28k▼ 91.3%€-113k€-191k▼ 68.6%€149k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €229k after a loss of €162k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€1.23M▲ 3.6%
Current assets
€707k▲ 25.9%
Equity and liabilities €1.94M
Equity
€535k▲ 38.6%
Provisions
€60k
Debt
€1.34M▼ 1.5%
The debt ratio falls from 77.9% to 69.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€379k▲
2024 · €219k
Cash flow
€299k▲
2024 · €190k
Solvency
27.6%▲
2024 · 22.1%
Current ratio
0.61▲
2024 · 0.54
Quick ratio
0.58▲
2024 · 0.51
Debt / equity
2.51▼
2024 · 3.53
ROE
27.8%▲
2024 · -49.4%
ROA
7.7%▲
2024 · -10.9%
Interest coverage
11.99▲
2024 · 4.86
Debt
€1.34M▼
2024 · €1.36M
Debt ≤ 1 year
€1.16M▲
2024 · €1.03M
Debt > 1 year
€79k▼
2024 · €195k
Income taxes
€558▲
2024 · €446
Staff costs
€467k▼
2024 · €549k
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€1.75M€1.94M▲
Fixed assets21/28€1.19M€1.23M▲
Intangible fixed assets21€1.17M€1.21M▲
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€2k€2k▼
Financial fixed assets28€18k€18k=
Current assets29/58€561k€707k▲
Stocks and contracts in progress3€32k€29k▼
Stocks30/36€32k€29k▼
Amounts receivable within one year40/41€404k€394k▼
Trade receivables40€262k€215k▼
Other amounts receivable41€141k€179k▲
Cash at bank and in hand54/58€124k€280k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.75M€1.94M▲
Equity10/15€386k€535k▲
Contributions10/11€269k€269k=
Reserves13€287k€287k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€260k€260k=
Profit (loss) carried forward14€-169k€-21k▲
Provisions and deferred taxes16-€60k
Provisions for liabilities and charges160/5-€60k
Other liabilities and charges164/5-€60k
Amounts payable17/49€1.36M€1.34M▼
Amounts payable after more than one year17€195k€79k▼
Financial debts170/4€195k€79k▼
Amounts payable within one year42/48€1.03M€1.16M▲
Current portion of amounts payable after more than one year42€166k€114k▼
Financial debts43€175k€175k=
Credit institutions430/8€175k€175k=
Trade debts44€447k€455k▲
Suppliers440/4€447k€455k▲
Advances received on contracts in progress46€144k€340k▲
Taxes, remuneration and social security45€94k€75k▼
Taxes450/3€17k€1k▼
Remuneration and social security454/9€77k€74k▼
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3€137k€101k▼
Income statement
Code20242025
Non-recurring operating income76A€5k€73k▲
Remuneration, social security and pensions62€549k€467k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380k€150k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€770k€848k▲
Operating profit (loss)9901€-162k€229k▲
Financial income75/76B€17k€12k▼
Recurring financial income75€17k€12k▼
Financial charges65/66B€45k€92k▲
Recurring financial charges65€45k€32k▼
Non-recurring financial charges66B-€60k
Profit (loss) for the period before taxes9903€-190k€149k▲
Income taxes67/77€446€558▲
Profit (loss) for the period9904€-191k€149k▲
Profit (loss) for the period to be appropriated9905€-191k€149k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-191k€-21k▲
Profit (loss) brought forward from the previous period14P-€-169k
Transfer from equity791/2€21k-
Social balance
Average headcount (FTE)90877.86.3▼
The notes to these accounts (17 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €149k
Net result €149k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €535k ▲38.6%
Equity rises from €386k to €535k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-191k
Net result drops to €-191k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €317k
Net result €317k after 3 loss-making years.
31-12
Financial
Equity above €500kEq €662k ▲597%
Equity rises from €95k to €662k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
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
5 acts for this company are 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, Brugge · 1 establishment unit since 2003
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.
Dampoortstraat 2658310 BruggeGround area
7,487 m²
Building footprint
378 m²
Parcel 31029C0506/00E003, Flanders. Linked by address, not a title deed.
1 establishment unit
Dampoortstraat 265, 8310 Brugge
since 20032.127.216.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0506/00E003 | Flanders | 7,487 m² | 1 · 377 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,850 EUR awarded · 3,850 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 1,350 EUR |
| 2024 | 2 | 1,350 EUR | 990 EUR |
| 2023 | 1 | 990 EUR | 0 EUR |
| 2022 | 1 | 1,510 EUR | 1,510 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 34,117 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2002
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74141
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.