MOVAN
ActiveSummary
MOVAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-4k) and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-17
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 1.0 in 2023; short-term debt: 138.5% and cash: 57.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-50.4%
Return on assets
-41.1%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
32 d early
2021
33 d early
2020
32 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-4k▼ 442%
2023 · €-829
2019: €5khighest in 6 years
2020: €1k▼ -72.4% vs 2019
2021: €789▼ -43.3% vs 2020
2022: €983▲ +24.5% vs 2021
2023: €-829▼ -184% vs 2022
2024: €-4k▼ -442% vs 2023lowest in 6 years
2019 → 2024
Total assets
€9k▼ 11.9%
2023 · €10k
2019: €13khighest in 6 years
2020: €9k▼ -30.5% vs 2019lowest in 6 years
2021: €11k▲ +22.7% vs 2020
2022: €12k▲ +9.4% vs 2021
2023: €10k▼ -13.7% vs 2022
2024: €9k▼ -11.9% vs 2023
2019 → 2024
Net result
€-4k▼ 102%
2023 · €-2k
2019: €-2k
2020: €-4k▼ -54.7% vs 2019
2021: €-602▲ +83.5% vs 2020
2022: €193▲ +132% vs 2021highest in 6 years
2023: €-2k▼ -1036% vs 2022
2024: €-4k▼ -102% vs 2023lowest in 6 years
2019 → 2024
Working capital
€-3k
2023 · €8
2019: €4khighest in 6 years
2020: €1k▼ -76.3% vs 2019
2021: €1k▲ +27.0% vs 2020
2022: €2k▲ +26.9% vs 2021
2023: €8▼ -99.5% vs 2022
2024: €-3k▼ -40676% vs 2023lowest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€789▼ 43.3%€983▲ 24.5%€-829€-4k▼ 442%
2020: €1khighest in 5 years
2021: €789▼ -43.3% vs 2020
2022: €983▲ +24.5% vs 2021
2023: €-829▼ -184% vs 2022
2024: €-4k▼ -442% vs 2023lowest in 5 years
Operating result€-4k-€-495▲ 86.1%€262€-2k€-4k▼ 107%
2020: €-4klowest in 5 years
2021: €-495▲ +86.1% vs 2020
2022: €262▲ +153% vs 2021highest in 5 years
2023: €-2k▼ -752% vs 2022
2024: €-4k▼ -107% vs 2023
Net result€-4k-€-602▲ 83.5%€193€-2k€-4k▼ 102%
2020: €-4k
2021: €-602▲ +83.5% vs 2020
2022: €193▲ +132% vs 2021highest in 5 years
2023: €-2k▼ -1036% vs 2022
2024: €-4k▼ -102% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €2k in 2023; the loss grows.
Key figures and ratios
Solvency
-50.4%▼
2023 · -8.2%
Current ratio
0.72▼
2023 · 1.00
Quick ratio
0.45▲
2023 · 0.31
Debt to equity
-2.98
ROA
-41.1%▼
2023 · -17.9%
Debt
€13k▲
2023 · €11k
Debt ≤ 1 year
€12k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10k€9k▼
Current assets29/58€10k€9k▼
Stocks and contracts in progress3€7k€3k▼
Stocks30/36€7k€3k▼
Amounts receivable within one year40/41€1k€393▼
Trade receivables40€1k€393▼
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€10k€9k▼
Equity10/15€-829€-4k▼
Contributions10/11€70k€70k=
Profit (loss) carried forward14€-71k€-74k▼
Amounts payable17/49€11k€13k▲
Amounts payable within one year42/48€10k€12k▲
Trade debts44€66€85▲
Suppliers440/4€66€85▲
Taxes, remuneration and social security45€234€0▼
Taxes450/3€234€0▼
Other amounts payable47/48€10k€12k▲
Accrued charges and deferred income492/3€837€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120-
Other operating charges640/8€462€770▲
Gross operating margin9900€-1k€-3k▼
Operating profit (loss)9901€-2k€-4k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€104€118▲
Recurring financial charges65€104€118▲
Profit (loss) for the period before taxes9903€-2k€-4k▼
Profit (loss) for the period9904€-2k€-4k▼
Profit (loss) for the period to be appropriated9905€-2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-71k€-74k▼
Profit (loss) brought forward from the previous period14P€-69k€-71k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €282 | €282 | €120 | €120 | - | - |
| Other operating charges640/8 | - | €411 | €418 | €462 | €770 | ▲ 66.6% |
| Gross operating margin9900 | €-3k | €199 | €799 | €-1k | €-3k | ▼ 146% |
| Operating profit (loss)9901 | €-4k | €-495 | €262 | €-2k | €-4k | ▼ 107% |
| Financial income75/76B | - | - | €36 | €0 | - | - |
| Recurring financial income75 | - | - | €36 | €0 | - | - |
| Financial charges65/66B | - | €107 | €104 | €104 | €118 | ▲ 13.2% |
| Recurring financial charges65 | €97 | €107 | €104 | €104 | €118 | ▲ 13.2% |
| Profit (loss) for the period before taxes9903 | €-4k | €-602 | €193 | €-2k | €-4k | ▼ 102% |
| Profit (loss) for the period9904 | €-4k | €-602 | €193 | €-2k | €-4k | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-602 | €193 | €-2k | €-4k | ▼ 102% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9k | €11k | €12k | €10k | €9k | ▼ 11.9% |
| Fixed assets21/28 | €522 | €240 | €120 | - | - | - |
| Intangible fixed assets21 | €360 | €240 | €120 | - | - | - |
| Tangible fixed assets22/27 | €162 | - | - | - | - | - |
| Current assets29/58 | €8k | €10k | €12k | €10k | €9k | ▼ 11.9% |
| Stocks and contracts in progress3 | €7k | €6k | €6k | €7k | €3k | ▼ 51.5% |
| Stocks30/36 | - | €6k | €6k | €7k | €3k | ▼ 51.5% |
| Amounts receivable within one year40/41 | €634 | €2k | €2k | €1k | €393 | ▼ 66.9% |
| Trade receivables40 | - | €2k | €2k | €1k | €393 | ▼ 66.9% |
| Cash at bank and in hand54/58 | €955 | €3k | €4k | €2k | €5k | ▲ 167% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9k | €11k | €12k | €10k | €9k | ▼ 11.9% |
| Equity10/15 | €1k | €789 | €983 | €-829 | €-4k | ▼ 442% |
| Contributions10/11 | - | €70k | €70k | €70k | €70k | = |
| Profit (loss) carried forward14 | €-69k | €-69k | €-69k | €-71k | €-74k | ▼ 5.2% |
| Amounts payable17/49 | €7k | €10k | €11k | €11k | €13k | ▲ 22.5% |
| Amounts payable within one year42/48 | €7k | €9k | €10k | €10k | €12k | ▲ 22.2% |
| Trade debts44 | €796 | €188 | €253 | €66 | €85 | ▲ 28.3% |
| Suppliers440/4 | - | €188 | €253 | €66 | €85 | ▲ 28.3% |
| Taxes, remuneration and social security45 | - | €392 | €396 | €234 | €0 | ▼ 99.9% |
| Taxes450/3 | - | €392 | €396 | €234 | €0 | ▼ 99.9% |
| Other amounts payable47/48 | - | €9k | €9k | €10k | €12k | ▲ 25.1% |
| Accrued charges and deferred income492/3 | - | €774 | €816 | €837 | €1k | ▲ 26.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-602 | €193 | €-2k | €-4k | ▼ 102% |
| + Depreciation and write-downs630 | €282 | €282 | €120 | €120 | - | - |
| Operating cash flow (approximation) | €-3k | €-320 | €313 | €-2k | €-4k | ▼ 116% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €2k | €804 | €-2k | €3k | ▲ 298% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €193
Net result €193 after 3 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Zonhoven · 1 establishment unit since 2006
Ground area
1,221 m²
Building footprint
327 m²
Volume, LiDAR
1,554 m³
Parcel 71442C0756/00T000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SAFETY-FLAME
since 20062.151.471.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C0756/00T000 | Flanders | 1,221 m² | 1 · 326 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Adèle Mc Merlin
BE 0420.465.306
Wevelgem · Eq €1,075
VANHIMO ZEN
BE 0883.597.843
Gembloux · Eq €1,149
i-LYNX
BE 0667.565.579
Antwerpen · Eq €1,149
VIVEZ VOS ENVIES
BE 1028.075.086
Liège · Eq €1,241
Kalyana Spirit
BE 0675.811.173
Rebecq · Eq €737
Of 7,005 companies in sector 96999 we hold annual accounts for 602. 102 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
Founded23-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
96999Other personal services
46900Non-specialised wholesale trade
47252Retail sale of beverages, general range
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.