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MOVAN

Active
Private limited companyfounded 200520 yrs activeGrote Hemmenweg 95, 3520 Zonhoven, BelgiumKBO/BCE: BE 0878.137.238
Summary

MOVAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€4,489) and a net result of -€3,660. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 6159 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.
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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 2024
Solvency, 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€4,489
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 filings
Deviation 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 →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MOVAN was incorporated on 23 December 2005.1 Total assets fell from EUR 12,546 in 2019 to EUR 8,907 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€4,489▼ 442%
2023 · -€829
Total assets
€8,907▼ 11.9%
2023 · €10,107
Net result
-€3,660▼ 102%
2023 · -€1,811
Working capital
-€3,433
2023 · €8
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€3,548▼ 56.4%-€495▲ 86.1%€262-€1,707-€3,542▼ 107%
Net result-€3,646▼ 54.7%-€602▲ 83.5%€193-€1,811-€3,660▼ 102%
Equity€1,391▼ 72.4%€789▼ 43.3%€983▲ 24.5%-€829-€4,489▼ 442%
Total assets€8,723▼ 30.5%€10,702▲ 22.7%€11,705▲ 9.4%€10,107▼ 13.7%€8,907▼ 11.9%
Debt€7,331▼ 2.4%€9,912▲ 35.2%€10,723▲ 8.2%€10,935▲ 2.0%€13,396▲ 22.5%
Working capital€1,042▼ 76.3%€1,323▲ 27.0%€1,679▲ 26.9%€8▼ 99.5%-€3,433
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2020: -€3,548-€3,548Net result 2020: -€3,646-€3,646Operating result 2021: -€495-€495Net result 2021: -€602-€602Operating result 2022: €262€262Net result 2022: €193€193Operating result 2023: -€1,707-€1,707Net result 2023: -€1,811-€1,811Operating result 2024: -€3,542-€3,542Net result 2024: -€3,660-€3,66020202021202220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2022: €262€262Net result 2022: €193€193Operating result 2023: -€1,707-€1,710Net result 2023: -€1,811-€1,810Operating result 2024: -€3,542-€3,540Net result 2024: -€3,660-€3,660202220232024
The operating result stays negative: a loss of €3,542 in 2024 against €1,707 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
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 ≤ 1 year
€12,340▲
2023 · €10,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€10,107€8,907▼
Current assets29/58€10,107€8,907▼
Stocks and contracts in progress3€7,002€3,396▼
Stocks30/36€7,002€3,396▼
Amounts receivable within one year40/41€1,187€393▼
Trade receivables40€1,187€393▼
Cash at bank and in hand54/58€1,918€5,118▲
Equity and liabilities
Total equity and liabilities10/49€10,107€8,907▼
Equity10/15-€829-€4,489▼
Contributions10/11€70,000€70,000=
Profit (loss) carried forward14-€70,829-€74,489▼
Amounts payable17/49€10,935€13,396▲
Amounts payable within one year42/48€10,098€12,340▲
Trade debts44€66€85▲
Suppliers440/4€66€85▲
Taxes, remuneration and social security45€234€0▼
Taxes450/3€234€0▼
Other amounts payable47/48€9,798€12,255▲
Accrued charges and deferred income492/3€837€1,056▲
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-€1,125-€2,772▼
Operating profit (loss)9901-€1,707-€3,542▼
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-€1,811-€3,660▼
Profit (loss) for the period9904-€1,811-€3,660▼
Profit (loss) for the period to be appropriated9905-€1,811-€3,660▼
Appropriation of the result
Profit (loss) to be appropriated9906-€70,829-€74,489▼
Profit (loss) brought forward from the previous period14P-€69,017-€70,829▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
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-€2,855€199€799-€1,125-€2,772▼ 146%
Operating profit (loss)9901-€3,548-€495€262-€1,707-€3,542▼ 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-€3,646-€602€193-€1,811-€3,660▼ 102%
Profit (loss) for the period9904-€3,646-€602€193-€1,811-€3,660▼ 102%
Profit (loss) for the period to be appropriated9905-€3,646-€602€193-€1,811-€3,660▼ 102%
Line20202021202220232024Change
Assets
Total assets20/58€8,723€10,702€11,705€10,107€8,907▼ 11.9%
Fixed assets21/28€522€240€120---
Intangible fixed assets21€360€240€120---
Tangible fixed assets22/27€162-----
Current assets29/58€8,200€10,462€11,585€10,107€8,907▼ 11.9%
Stocks and contracts in progress3€6,612€6,137€6,229€7,002€3,396▼ 51.5%
Stocks30/36-€6,137€6,229€7,002€3,396▼ 51.5%
Amounts receivable within one year40/41€634€1,592€1,820€1,187€393▼ 66.9%
Trade receivables40-€1,592€1,820€1,187€393▼ 66.9%
Cash at bank and in hand54/58€955€2,732€3,537€1,918€5,118▲ 167%
Equity and liabilities
Total equity and liabilities10/49€8,723€10,702€11,705€10,107€8,907▼ 11.9%
Equity10/15€1,391€789€983-€829-€4,489▼ 442%
Contributions10/11-€70,000€70,000€70,000€70,000=
Profit (loss) carried forward14-€68,609-€69,211-€69,017-€70,829-€74,489▼ 5.2%
Amounts payable17/49€7,331€9,912€10,723€10,935€13,396▲ 22.5%
Amounts payable within one year42/48€7,158€9,139€9,906€10,098€12,340▲ 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-€8,559€9,258€9,798€12,255▲ 25.1%
Accrued charges and deferred income492/3-€774€816€837€1,056▲ 26.1%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,646-€602€193-€1,811-€3,660▼ 102%
+ Depreciation and write-downs630€282€282€120€120--
Operating cash flow (approximation)-€3,363-€320€313-€1,691-€3,660▼ 116%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€1,777€804-€1,619€3,200▲ 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.

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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 -€3,660
Net result drops to -€3,660, 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.

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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, Zonhoven · 1 establishment unit since 2006
seat establishment The establishment unit on the map
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
Grote Hemmenweg 95A, 3520 ZonhovenNACE 5151001
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

Of 6,999 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.