MOVAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €848k and a net result of €10k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 5498 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
28 d late
2022
on the day
2021
27 d early
2020
3 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€848k▲ 1.2%
2024 · €837k
2019: €696k
2020: €707k
2021: €802k
2022: €805k
2023: €826k
2024: €837k
2019 → 2025
Net result
€10k▼ 6.5%
2024 · €11k
2019: €67k
2020: €11k
2021: €95k
2022: €4k
2023: €301k
2024: €11k
2019 → 2025
Total assets
€1.58M▲ 7.6%
2024 · €1.47M
2019: €1.71M
2020: €1.76M
2021: €1.74M
2022: €1.77M
2023: €1.64M
2024: €1.47M
2019 → 2025
Solvency
53.7%▼ 3.4pp
2024 · 57.0%
2019: 40.6%
2020: 40.1%
2021: 46.2%
2022: 45.5%
2023: 50.4%
2024: 57.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€802k-€805k▲ 0.4%€826k▲ 2.6%€837k▲ 1.4%€848k▲ 1.2%
Operating result€119k-€48k▼ 59.7%€73k▲ 52.2%€38k▼ 47.8%€49k▲ 28.3%
Net result€95k-€4k▼ 96.2%€301k▲ 8,301%€11k▼ 96.3%€10k▼ 6.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.20M▲ 0.7%
Current assets
€381k▲ 36.9%
Equity and liabilities €1.58M
Equity
€848k▲ 1.2%
Provisions
€6k=
Debt
€726k▲ 16.2%
The debt ratio rises from 42.6% to 46.0%. Equity and debt are higher.
Key figures and ratios
Solvency
53.7%▼
2024 · 57.0%
ROE
1.2%▼
2024 · 1.3%
ROA
0.7%▼
2024 · 0.8%
Debt
€726k▲
2024 · €625k
Debt ≤ 1 year
€416k▲
2024 · €395k
Debt > 1 year
€283k▲
2024 · €211k
Income taxes
€6k▲
2024 · €6k
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€1.47M€1.58M▲
Fixed assets21/28€1.19M€1.20M▲
Tangible fixed assets22/27€176k€185k▲
Land and buildings22€38k€5k▼
Plant, machinery and equipment23€123k€113k▼
Furniture and vehicles24€822€67▼
Leasing and similar rights25-€54k
Other tangible fixed assets26€14k€13k▼
Financial fixed assets28€1.01M€1.01M=
Current assets29/58€278k€381k▲
Stocks and contracts in progress3€145k€192k▲
Stocks30/36€145k€192k▲
Amounts receivable within one year40/41€127k€147k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€125k€144k▲
Cash at bank and in hand54/58€6k€42k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.47M€1.58M▲
Equity10/15€837k€848k▲
Contributions10/11€14k€14k=
Reserves13€823k€834k▲
Tax-exempt reserves132€97k€97k=
Distributable reserves133€727k€737k▲
Provisions and deferred taxes16€6k€6k=
Deferred taxes168€6k€6k=
Amounts payable17/49€625k€726k▲
Amounts payable after more than one year17€211k€283k▲
Financial debts170/4€211k€283k▲
Amounts payable within one year42/48€395k€416k▲
Current portion of amounts payable after more than one year42€17k€10k▼
Financial debts43€7€0▼
Credit institutions430/8€7€0▼
Trade debts44€87k€90k▲
Suppliers440/4€87k€90k▲
Taxes, remuneration and social security45€31k€11k▼
Taxes450/3€31k€11k▼
Other amounts payable47/48€261k€304k▲
Accrued charges and deferred income492/3€19k€28k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€14k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€17k
Gross operating margin9900€58k€82k▲
Operating profit (loss)9901€38k€49k▲
Financial income75/76B€1k€0▼
Recurring financial income75€1k€0▼
Financial charges65/66B€23k€33k▲
Recurring financial charges65€23k€33k▲
Profit (loss) for the period before taxes9903€17k€16k▼
Transfer to deferred taxes680€0-
Income taxes67/77€6k€6k▲
Profit (loss) for the period9904€11k€10k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€11k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€10k▼
Transfer to equity691/2€11k€10k▼
To other reserves6921€11k€10k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
31-03
Financial
Highest result since 2019net €301k ▲8301%
Net result €301k, the highest in the series.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €4k ▼96.2%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 3 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
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, Bilzen-Hoeselt · 1 establishment unit since 1997
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.
Reekstraat 1653740 Bilzen-HoeseltGround area
789 m²
Building footprint
274 m²
Parcel 73068A0269/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Reekstraat 165, 3740 Bilzen-Hoeselt
since 19972.079.801.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73068A0269/00M000 | Flanders | 789 m² | 1 · 274 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.
Recognitions · licences · registrations
Legal Entity Identifier
5493007RYMY4LQV6QG70
Similar companies · same sector, comparable size
DERDEC
BE 0505.916.762
Herent · Eq €848k
4ALL CARS MANAGEMENT
BE 0898.037.975
Sint-Gillis-Waas · Eq €848k
Distri Finance
BE 0699.994.164
Ledegem · Eq €848k
COVANDIS
BE 0467.466.655
Antwerpen · Eq €848k
MERGAN&PARTNERS
BE 0864.661.265
Sint-Joost-ten-Node · Eq €848k
Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 13,043 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1996
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
35110Production of electricity from non-renewable sources
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.