Motiveight
ActiveSummary
Motiveight has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€14,042) and a net result of -€5,694. Equity is shrinking by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 3023 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2022
Profitability60▼-2
Solvency8▼-25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.56 in 2022; short-term debt: 66.4% and cash: 2.4% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-17.5%
Return on assets
-7.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920212224
2018 to 2024 · latest year -€14,042
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2022
1 d early
2021
25 d late
2020
26 d late
2019
119 d late
2018
73 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€14,042
2022 · €3,644
Total assets
€80,422▲ 78.2%
2022 · €45,137
Net result
-€5,694▼ 134%
2022 · -€2,430
Working capital
-€34,933▼ 102%
2022 · -€17,278
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result€10,915▲ 107%€10,915=€2,332▼ 78.6%€1,334▼ 42.8%-€3,632-
Net result€5,890▲ 22.8%€5,890=€158within the sector's middle half▼ 97.3%-€2,430within the sector's middle half-€5,694within the sector's middle half-
Equity€9,572▲ 160%€9,572=€6,074within the sector's middle half▼ 36.5%€3,644within the sector's middle half▼ 40.0%-€14,042below the sector's middle half-
Total assets€35,266=€45,412▲ 28.8%€41,067below the sector's middle half▼ 9.6%€45,137below the sector's middle half▲ 9.9%€80,422within the sector's middle half-
Debt€31,584▼ 13.1%€39,496▲ 25.1%€34,993▼ 11.4%€41,493▲ 18.6%€94,464-
Working capital-€8,193▲ 33.3%-€19,564▼ 139%-€13,550within the sector's middle half▲ 30.7%-€17,278within the sector's middle half▼ 27.5%-€34,933within the sector's middle half-
Solvency27.1%▲ 16.7pp21.1%▼ 6.1pp14.8%within the sector's middle half▼ 6.3pp8.1%within the sector's middle half▼ 6.7pp-17.5%below the sector's middle half-
Current ratio0.68▲ 0.120.47▼ 0.210.58within the sector's middle half▲ 0.110.56within the sector's middle half▼ 0.030.35below the sector's middle half-
Return on assets (ROA)16.7%▲ 3.1pp13.0%▼ 3.7pp0.4%within the sector's middle half▼ 12.6pp-5.4%below the sector's middle half▼ 5.8pp-7.1%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€3,632 in 2024, compared with €1,334 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €80,422
Fixed assets
€61,991 ▲ 165%
Current assets
€18,431 ▼ 15.1%
Key figures and ratios
EBITDA
€10,020▲
2022 · €7,468
Cash flow
€7,957▲
2022 · €3,704
Debt to equity
-6.73▼
2022 · 11.39
Interest coverage
6.21▼
2022 · 43.28
Debt ≤ 1 year
€53,364▲
2022 · €38,993
Debt > 1 year
€38,600
Income taxes
€450▼
2022 · €3,592
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.8%
went bankrupt
5.8%
stopped otherwise
91%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,033 | €5,561 | €6,734 | €6,134 | €13,652 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €3,000 | - | - | - |
| Other operating charges640/8 | - | - | €3,508 | €2,722 | €2,593 | - |
| Gross operating margin9900 | €17,331 | €17,331 | €15,574 | €10,190 | €12,612 | - |
| Operating profit (loss)9901 | €10,915 | €10,915 | €2,332 | €1,334 | -€3,632 | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | €382 | €173 | €1,612 | - |
| Recurring financial charges65 | €764 | €1,659 | €382 | €173 | €1,612 | - |
| Profit (loss) for the period before taxes9903 | €10,151 | €10,151 | €1,950 | €1,162 | -€5,244 | - |
| Income taxes67/77 | €4,261 | €4,261 | €1,792 | €3,592 | €450 | - |
| Profit (loss) for the period9904 | €5,890 | €5,890 | €158 | -€2,430 | -€5,694 | - |
| Profit (loss) for the period to be appropriated9905 | €5,890 | €5,890 | €158 | -€2,430 | -€5,694 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,266 | €45,412 | €41,067 | €45,137 | €80,422 | - |
| Formation expenses20 | €0 | €0 | - | - | - | - |
| Fixed assets21/28 | €19,911 | €28,858 | €22,123 | €23,422 | €61,991 | - |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €19,911 | €28,858 | €22,123 | €23,422 | €61,991 | - |
| Plant, machinery and equipment23 | - | - | €13,959 | €17,706 | €57,115 | - |
| Furniture and vehicles24 | - | - | €2,312 | €1,327 | €1,374 | - |
| Leasing and similar rights25 | - | - | - | - | €2,039 | - |
| Other tangible fixed assets26 | - | - | €5,852 | €4,389 | €1,463 | - |
| Financial fixed assets28 | €0 | €0 | - | - | - | - |
| Current assets29/58 | €17,432 | €17,432 | €18,944 | €21,715 | €18,431 | - |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €14,273 | €13,967 | €12,201 | €21,712 | €16,504 | - |
| Trade receivables40 | - | - | €11,142 | €21,712 | €16,504 | - |
| Other amounts receivable41 | - | - | €1,059 | - | - | - |
| Current investments50/53 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €3,464 | €3,464 | €6,743 | €3 | €1,927 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,266 | €45,412 | €41,067 | €45,137 | €80,422 | - |
| Equity10/15 | €9,572 | €9,572 | €6,074 | €3,644 | -€14,042 | - |
| Contributions10/11 | €9,500 | €9,500 | €9,500 | €9,500 | €9,500 | - |
| Outside capital11 | - | - | €9,500 | €9,500 | €9,500 | - |
| Other1109/19 | - | - | €9,500 | €9,500 | €9,500 | - |
| Reserves13 | €72 | €72 | €72 | - | - | - |
| Distributable reserves133 | - | - | €72 | - | - | - |
| Profit (loss) carried forward14 | -€10,616 | -€5,818 | -€3,498 | -€5,856 | -€23,542 | - |
| Amounts payable17/49 | €31,584 | €39,496 | €34,993 | €41,493 | €94,464 | - |
| Amounts payable after more than one year17 | €3,459 | - | - | - | €38,600 | - |
| Financial debts170/4 | - | - | - | - | €38,600 | - |
| Amounts payable within one year42/48 | €25,624 | €36,996 | €32,493 | €38,993 | €53,364 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €23,417 | - |
| Financial debts43 | - | - | €6,000 | €6,000 | - | - |
| Other loans439 | - | - | €6,000 | €6,000 | - | - |
| Trade debts44 | €6,633 | €3,947 | - | €2,567 | €1,127 | - |
| Suppliers440/4 | - | - | - | €2,567 | €1,127 | - |
| Taxes, remuneration and social security45 | - | - | €3,914 | €8,877 | €11,695 | - |
| Taxes450/3 | - | - | €3,914 | €8,877 | €11,695 | - |
| Other amounts payable47/48 | - | - | €22,580 | €21,550 | €17,125 | - |
| Accrued charges and deferred income492/3 | - | - | €2,500 | €2,500 | €2,500 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,890 | €5,890 | €158 | -€2,430 | -€5,694 | - |
| + Depreciation and write-downs630 | €5,033 | €5,561 | €6,734 | €6,134 | €13,652 | - |
| Operating cash flow (approximation) | €10,923 | €11,451 | €6,892 | €3,704 | €7,957 | - |
| Investment in fixed assets (approximation) | - | -€14,508 | €0 | -€7,432 | - | - |
| Change in cash | - | €0 | €3,279 | -€6,740 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€5,694
Net result drops to -€5,694, the lowest in the series.
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2015
Ground area
460 m²
Building footprint
460 m²
Volume, LiDAR
859 m³
2 parcels, Flanders · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Motiveight
since 20152.245.578.902
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3614/00Y002 | Flanders | 380 m² | 1 · 380 m² | - |
| 11810K1762/00F004 | Flanders | 80 m² | 1 · 80 m² | 12.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 725 companies in sector 93192 we hold annual accounts for 87. 35 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
93192Activities of independent sportspeople
73300Public relations and communication consultancy
93130Fitness centres
E-invoicing
Reachable via Peppol
Peppol ID
0208:0633778697
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.