MOVA
InactiveFinancials · financial year 2023, micro format
Equity
-€38,213▼ 35.1%
2022 · -€28,293
Total assets
€128,022▼ 12.0%
2022 · €145,438
Net result
-€9,920▼ 84.4%
2022 · -€5,379
Working capital
-€53,935▼ 10.3%
2022 · -€48,882
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €10,909 in 2023 against €5,099 in 2022; the loss grows and 2023 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€10,909
2023
Net result-€9,920
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€128,022
2023
Equity-€38,213
2023
Debt€166,234
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€53,935
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€12,639-€51,328▲ 306%-€5,122€15,476-€5,099-€10,909▼ 114%
Net result€5,167-€41,476▲ 703%-€7,245€12,113-€5,379-€9,920▼ 84.4%
Equity-€69,258--€27,782▲ 59.9%-€35,027▼ 26.1%-€22,914▲ 34.6%-€28,293▼ 23.5%-€38,213▼ 35.1%
Total assets€247,487-€196,483▼ 20.6%€181,497▼ 7.6%€167,051▼ 8.0%€145,438▼ 12.9%€128,022▼ 12.0%
Debt€316,744-€224,265▼ 29.2%€216,524▼ 3.5%€189,965▼ 12.3%€173,731▼ 8.5%€166,234▼ 4.3%
Working capital-€75,309--€41,075▲ 45.5%-€59,732▼ 45.4%-€44,651▲ 25.2%-€48,882▼ 9.5%-€53,935▼ 10.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €128,022
Fixed assets
€15,723 ▼ 23.6%
Current assets
€112,299 ▼ 10.1%
Equity and liabilities
Equity-€38,213
Debt€166,234
Equity is negative: debt (€166,234) exceeds the balance-sheet total (€128,022).
Key figures and ratios
EBITDA
-€6,043▼
2022 · -€163
Cash flow
-€5,053▼
2022 · -€443
Solvency
-29.8%▼
2022 · -19.5%
Current ratio
0.68▼
2022 · 0.72
ROA
-7.7%▼
2022 · -3.7%
Interest coverage
-6.59▼
2022 · -0.07
Debt ≤ 1 year
€166,234▼
2022 · €173,731
Income taxes
€132▲
2022 · €123
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,038 | €4,505 | €5,017 | €5,000 | €4,936 | €4,867 | ▼ 1.4% |
| Other operating charges640/8 | - | - | - | €1,632 | €1,603 | €871 | ▼ 45.6% |
| Gross operating margin9900 | €35,488 | €56,493 | €503 | €22,108 | €1,440 | -€5,171 | - |
| Operating profit (loss)9901 | €12,639 | €51,328 | -€5,122 | €15,476 | -€5,099 | -€10,909 | ▼ 114% |
| Financial income75/76B | - | - | - | €5,805 | €2,280 | €2,038 | ▼ 10.6% |
| Recurring financial income75 | €3,829 | €1,586 | €1,988 | €5,805 | €2,280 | €2,038 | ▼ 10.6% |
| Financial charges65/66B | - | - | - | €3,875 | €2,437 | €917 | ▼ 62.4% |
| Recurring financial charges65 | €10,903 | €10,712 | €3,784 | €3,875 | €2,437 | €917 | ▼ 62.4% |
| Profit (loss) for the period before taxes9903 | €5,565 | €42,202 | -€6,918 | €17,406 | -€5,256 | -€9,788 | ▼ 86.2% |
| Income taxes67/77 | €398 | €725 | €327 | €5,293 | €123 | €132 | ▲ 7.1% |
| Profit (loss) for the period9904 | €5,167 | €41,476 | -€7,245 | €12,113 | -€5,379 | -€9,920 | ▼ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €1,146 | €41,273 | -€7,245 | €12,113 | -€5,379 | -€9,920 | ▼ 84.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €247,487 | €196,483 | €181,497 | €167,051 | €145,438 | €128,022 | ▼ 12.0% |
| Fixed assets21/28 | €16,640 | €13,436 | €24,848 | €21,737 | €20,589 | €15,723 | ▼ 23.6% |
| Tangible fixed assets22/27 | €16,640 | €13,436 | €24,848 | €19,848 | €18,600 | €13,733 | ▼ 26.2% |
| Furniture and vehicles24 | - | - | - | €17,197 | €17,229 | €13,206 | ▼ 23.4% |
| Other tangible fixed assets26 | - | - | - | €2,651 | €1,370 | €527 | ▼ 61.5% |
| Financial fixed assets28 | - | - | - | €1,890 | €1,990 | €1,990 | = |
| Current assets29/58 | €230,846 | €183,048 | €156,649 | €145,314 | €124,849 | €112,299 | ▼ 10.1% |
| Stocks and contracts in progress3 | €24,302 | €18,423 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €118,501 | €147,648 | €140,705 | €127,525 | €101,361 | €101,636 | ▲ 0.3% |
| Trade receivables40 | - | - | - | €20,000 | €0 | - | - |
| Other amounts receivable41 | - | - | - | €107,525 | €101,361 | €101,636 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €8,917 | €10,995 | €6,694 | €11,722 | €16,881 | €1,993 | ▼ 88.2% |
| Deferred charges and accrued income490/1 | - | - | - | €6,067 | €6,606 | €8,669 | ▲ 31.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €247,487 | €196,483 | €181,497 | €167,051 | €145,438 | €128,022 | ▼ 12.0% |
| Equity10/15 | -€69,258 | -€27,782 | -€35,027 | -€22,914 | -€28,293 | -€38,213 | ▼ 35.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €25,206 | €25,409 | €25,409 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€100,664 | -€59,391 | -€66,636 | -€30,969 | -€36,348 | -€46,268 | ▼ 27.3% |
| Amounts payable17/49 | €316,744 | €224,265 | €216,524 | €189,965 | €173,731 | €166,234 | ▼ 4.3% |
| Amounts payable after more than one year17 | €10,370 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €306,156 | €224,123 | €216,381 | €189,965 | €173,731 | €166,234 | ▼ 4.3% |
| Financial debts43 | - | - | - | €75,000 | €0 | - | - |
| Credit institutions430/8 | - | - | - | €75,000 | €0 | - | - |
| Trade debts44 | €9,523 | €8,160 | €5,485 | €1,738 | €443 | €528 | ▲ 19.0% |
| Suppliers440/4 | - | - | - | €1,738 | €443 | €528 | ▲ 19.0% |
| Taxes, remuneration and social security45 | - | - | - | €5,620 | €6,220 | €132 | ▼ 97.9% |
| Taxes450/3 | - | - | - | €5,620 | €6,220 | €132 | ▼ 97.9% |
| Other amounts payable47/48 | - | - | - | €107,607 | €167,067 | €165,575 | ▼ 0.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,167 | €41,476 | -€7,245 | €12,113 | -€5,379 | -€9,920 | ▼ 84.4% |
| + Depreciation and write-downs630 | €22,038 | €4,505 | €5,017 | €5,000 | €4,936 | €4,867 | ▼ 1.4% |
| Operating cash flow (approximation) | €27,205 | €45,981 | -€2,228 | €17,113 | -€443 | -€5,053 | ▼ 1,042% |
| Investment in fixed assets (approximation) | - | -€1,301 | -€16,429 | -€1,890 | -€3,789 | €0 | - |
| Change in cash | - | €2,079 | -€4,302 | €5,029 | €5,159 | -€14,888 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 16-07-2024 | 2024-00255210 |
| 31-12-2022 | micro format | 17-05-2023 | 2023-00090417 |
| 31-12-2021 | micro format | 18-07-2022 | 2022-20200260 |
| 31-12-2020 | micro format | 23-06-2021 | 2021-23700076 |
| 31-12-2019 | micro format | 08-07-2020 | 2020-27600170 |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31500479 |
| 31-12-2017 | micro format | 03-08-2018 | 2018-43700125 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-38400139 |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-22800543 |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-23700350 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.