MOVANIS
ActiveSummary
MOVANIS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €505k and a net result of €150k. Equity is growing by ~8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability88▲+17
Solvency77▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.68 in 2025; short-term debt: 48.3% and cash: 12.1% of total assets), and 48.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
51.7%
Return on assets
15.4%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
40 d early
2025
49 d early
2024
36 d early
2023
47 d early
2022
38 d early
2021
13 d early
2020
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€505k▲ 30.8%
2025 · €386k
2019: €260k
2021: €378k
2022: €178k▼ -52.8% vs 2021lowest value
2023: €331k▲ +85.8% vs 2022
2024: €374k▲ +12.9% vs 2023
2025: €386k▲ +3.3% vs 2024
2026: €505k▲ +30.8% vs 2025highest value
2019 → 2026
Total assets
€978k▲ 8.5%
2025 · €902k
2019: €842k
2021: €899k
2022: €949k▲ +5.5% vs 2021
2023: €903k▼ -4.8% vs 2022
2024: €832k▼ -7.9% vs 2023lowest value
2025: €902k▲ +8.4% vs 2024
2026: €978k▲ +8.5% vs 2025highest value
2019 → 2026
Net result
€150k▲ 262%
2025 · €42k
2019: €195khighest value
2021: €35k
2022: €-172k▼ -586% vs 2021lowest value
2023: €183k▲ +207% vs 2022
2024: €66k▼ -64.0% vs 2023
2025: €42k▼ -36.9% vs 2024
2026: €150k▲ +262% vs 2025
2019 → 2026
Working capital
€437k▲ 24.6%
2025 · €351k
2019: €569khighest value
2021: €427k
2022: €174k▼ -59.2% vs 2021lowest value
2023: €334k▲ +91.7% vs 2022
2024: €320k▼ -4.0% vs 2023
2025: €351k▲ +9.5% vs 2024
2026: €437k▲ +24.6% vs 2025
2019 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€178k-€331k▲ 85.8%€374k▲ 12.9%€386k▲ 3.3%€505k▲ 30.8%
2022: €178klowest in 5 years
2023: €331k▲ +85.8% vs 2022
2024: €374k▲ +12.9% vs 2023
2025: €386k▲ +3.3% vs 2024
2026: €505k▲ +30.8% vs 2025highest in 5 years
Operating result€-145k-€204k€87k▼ 57.5%€65k▼ 25.7%€169k▲ 162%
2022: €-145klowest in 5 years
2023: €204k▲ +241% vs 2022highest in 5 years
2024: €87k▼ -57.5% vs 2023
2025: €65k▼ -25.7% vs 2024
2026: €169k▲ +162% vs 2025
Net result€-172k-€183k€66k▼ 64.0%€42k▼ 36.9%€150k▲ 262%
2022: €-172klowest in 5 years
2023: €183k▲ +207% vs 2022highest in 5 years
2024: €66k▼ -64.0% vs 2023
2025: €42k▼ -36.9% vs 2024
2026: €150k▲ +262% vs 2025
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 2026; 2026 is 162% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €978k
Fixed assets
€68k ▲ 77.3%
Current assets
€910k ▲ 5.4%
Equity and liabilities €978k
Equity
€505k ▲ 30.8%
Debt
€473k ▼ 8.2%
Debt's share of the balance-sheet total falls from 57.1% to 48.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195k▲
2025 · €88k
Cash flow
€176k▲
2025 · €65k
Current ratio
1.92▲
2025 · 1.68
Quick ratio
1.05▲
2025 · 0.61
Debt to equity
0.94▼
2025 · 1.33
ROE
29.8%▲
2025 · 10.8%
ROA
15.4%▲
2025 · 4.6%
Interest coverage
18.27▲
2025 · 5.62
Debt ≤ 1 year
€473k▼
2025 · €512k
Income taxes
€9k▲
2025 · €8k
Staff costs
€465k▲
2025 · €457k
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 · 2026 against 2025 · 50 lines
Balance sheet
Code20252026
Assets
Total assets20/58€902k€978k▲
Fixed assets21/28€39k€68k▲
Tangible fixed assets22/27€27k€57k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€22k€54k▲
Financial fixed assets28€11k€11k=
Current assets29/58€863k€910k▲
Stocks and contracts in progress3€552k€416k▼
Stocks30/36€552k€416k▼
Amounts receivable within one year40/41€176k€341k▲
Trade receivables40€174k€339k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€131k€118k▼
Deferred charges and accrued income490/1€4k€35k▲
Equity and liabilities
Total equity and liabilities10/49€902k€978k▲
Equity10/15€386k€505k▲
Contributions10/11€50k€50k=
Reserves13€336k€455k▲
Distributable reserves133€336k€455k▲
Amounts payable17/49€515k€473k▼
Amounts payable within one year42/48€512k€473k▼
Financial debts43€250k€250k=
Other loans439€250k€250k=
Trade debts44€102k€87k▼
Suppliers440/4€102k€87k▼
Taxes, remuneration and social security45€96k€104k▲
Taxes450/3€31k€27k▼
Remuneration and social security454/9€66k€77k▲
Other amounts payable47/48€64k€31k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20252026
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€457k€465k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€26k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€546k€661k▲
Operating profit (loss)9901€65k€169k▲
Financial income75/76B€783€622▼
Recurring financial income75€783€622▼
Financial charges65/66B€16k€11k▼
Recurring financial charges65€16k€11k▼
Profit (loss) for the period before taxes9903€50k€159k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€42k€150k▲
Profit (loss) for the period to be appropriated9905€42k€150k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€150k▲
Transfer to equity691/2€12k€119k▲
To other reserves6921€12k€119k▲
Profit to be distributed694/7€29k€31k▲
Employees696€29k€31k▲
Social balance
Average headcount (FTE)90874.04.6▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9k | - | - | €9k | - |
| Remuneration, social security and pensions62 | €397k | €435k | €461k | €457k | €465k | ▲ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €30k | €29k | €23k | €26k | ▲ 10.5% |
| Other operating charges640/8 | €2k | €1k | €1k | €1k | €2k | ▲ 51.6% |
| Gross operating margin9900 | €281k | €671k | €578k | €546k | €661k | ▲ 21.2% |
| Operating profit (loss)9901 | €-145k | €204k | €87k | €65k | €169k | ▲ 162% |
| Financial income75/76B | €75 | €14 | €0 | €783 | €622 | ▼ 20.6% |
| Recurring financial income75 | €75 | €14 | €0 | €783 | €622 | ▼ 20.6% |
| Financial charges65/66B | €14k | €13k | €14k | €16k | €11k | ▼ 31.7% |
| Recurring financial charges65 | €14k | €13k | €14k | €16k | €11k | ▼ 31.7% |
| Profit (loss) for the period before taxes9903 | €-159k | €192k | €73k | €50k | €159k | ▲ 220% |
| Income taxes67/77 | €13k | €8k | €7k | €8k | €9k | ▲ 5.6% |
| Profit (loss) for the period9904 | €-172k | €183k | €66k | €42k | €150k | ▲ 262% |
| Profit (loss) for the period to be appropriated9905 | €-172k | €183k | €66k | €42k | €150k | ▲ 262% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €949k | €903k | €832k | €902k | €978k | ▲ 8.5% |
| Fixed assets21/28 | €83k | €84k | €55k | €39k | €68k | ▲ 77.3% |
| Tangible fixed assets22/27 | €74k | €75k | €46k | €27k | €57k | ▲ 109% |
| Plant, machinery and equipment23 | €3k | €9k | €7k | €5k | €3k | ▼ 32.2% |
| Furniture and vehicles24 | €71k | €67k | €39k | €22k | €54k | ▲ 142% |
| Financial fixed assets28 | €9k | €9k | €9k | €11k | €11k | = |
| Current assets29/58 | €866k | €819k | €776k | €863k | €910k | ▲ 5.4% |
| Stocks and contracts in progress3 | €376k | €505k | €623k | €552k | €416k | ▼ 24.6% |
| Stocks30/36 | €376k | €505k | €623k | €552k | €416k | ▼ 24.6% |
| Amounts receivable within one year40/41 | €386k | €266k | €102k | €176k | €341k | ▲ 93.4% |
| Trade receivables40 | €378k | €250k | €99k | €174k | €339k | ▲ 94.7% |
| Other amounts receivable41 | €8k | €16k | €3k | €2k | €1k | ▼ 24.0% |
| Cash at bank and in hand54/58 | €99k | €28k | €47k | €131k | €118k | ▼ 9.9% |
| Deferred charges and accrued income490/1 | €5k | €19k | €4k | €4k | €35k | ▲ 822% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €949k | €903k | €832k | €902k | €978k | ▲ 8.5% |
| Equity10/15 | €178k | €331k | €374k | €386k | €505k | ▲ 30.8% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €128k | €281k | €324k | €336k | €455k | ▲ 35.4% |
| Distributable reserves133 | €128k | €281k | €324k | €336k | €455k | ▲ 35.4% |
| Amounts payable17/49 | €770k | €572k | €457k | €515k | €473k | ▼ 8.2% |
| Amounts payable after more than one year17 | €75k | - | - | - | - | - |
| Financial debts170/4 | €75k | - | - | - | - | - |
| Amounts payable within one year42/48 | €692k | €485k | €456k | €512k | €473k | ▼ 7.7% |
| Current portion of amounts payable after more than one year42 | €88k | €82k | - | - | - | - |
| Financial debts43 | €250k | €250k | €250k | €250k | €250k | = |
| Credit institutions430/8 | - | - | €250k | - | - | - |
| Other loans439 | €250k | €250k | - | €250k | €250k | = |
| Trade debts44 | €48k | €39k | €15k | €102k | €87k | ▼ 14.6% |
| Suppliers440/4 | €48k | €39k | €15k | €102k | €87k | ▼ 14.6% |
| Taxes, remuneration and social security45 | €71k | €79k | €168k | €96k | €104k | ▲ 8.1% |
| Taxes450/3 | €11k | €6k | €85k | €31k | €27k | ▼ 11.6% |
| Remuneration and social security454/9 | €60k | €73k | €82k | €66k | €77k | ▲ 17.3% |
| Other amounts payable47/48 | €236k | €34k | €23k | €64k | €31k | ▼ 50.9% |
| Accrued charges and deferred income492/3 | €3k | €87k | €1k | €3k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-172k | €183k | €66k | €42k | €150k | ▲ 262% |
| + Depreciation and write-downs630 | €27k | €30k | €29k | €23k | €26k | ▲ 10.5% |
| Operating cash flow (approximation) | €-145k | €214k | €95k | €65k | €176k | ▲ 172% |
| Investment in fixed assets (approximation) | - | €-32k | €0 | €-7k | €-55k | ▼ 749% |
| Change in cash | - | €-71k | €19k | €84k | €-13k | ▼ 115% |
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
Next filing, fiscal year 2027, expected by
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Equity above €500kEq €505k ▲30.8%
4 profitable years in a row build equity to €505k.
25-03
State Gazette act
Appointment: Bart CLYMANS (day-to-day manager)Mandate compensation3 facts ▸
State Gazette act
Appointment: Bart CLYMANS (day-to-day manager)
Mandate compensation3 facts ▸
- Board meeting, 01/02/2026
- Director appointment, Bart CLYMANS (day-to-day manager)
- Mandate compensation, Bart CLYMANS
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €183k
Net result €183k after one loss-making year.
31-03
Financial
Equity above €200kEq €331k ▲85.8%
Equity rises from €178k to €331k.
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-172k
Net result drops to €-172k, the lowest in the series; recovery starts the following year.
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
1 director, last change in 2026
Bart CLYMANS
CurrentDay-to-day manager · since 01-02-2026
01-02-2026
Appointed as Day-to-day manager
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2016
Ground area
5,074 m²
Building footprint
1,162 m²
Volume, LiDAR
77 m³
Parcel 71065A0205/00A021, Flanders · tallest building 6.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MOVANIS
since 20162.253.161.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0205/00A021 | Flanders | 5,074 m² | 1 · 1,162 m² | 6.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 230,339 EUR awarded · 230,339 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,928 EUR | 4,928 EUR |
| 2024 | 3 | 5,453 EUR | 48,827 EUR |
| 2023 | 2 | 212,958 EUR | 169,584 EUR |
| 2022 | 1 | 7,000 EUR | 7,000 EUR |
Schemes
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 46 companies in sector 27200 we hold annual accounts for 28. 16 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
Founded11-05-2016
Fiscal year end31-03
Activities, NACEBEL 2025
27200Manufacture of electrical equipment
29310Manufacture of motor vehicles, trailers and semi-trailers
29100Manufacture of motor vehicles, trailers and semi-trailers
29320Manufacture of motor vehicles, trailers and semi-trailers
Scores and ratios are computed by Checked and are not a credit decision.