MOVAR
ActiveMOVAR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €309k and a net result of €86k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency100▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 4.31 against 4.2 in 2024; short-term debt: 20.7% and cash: 55.2% of total assets), and 21.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.1%
Return on assets
21.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
20 d late
2024
26 d late
2023
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€309k▲ 38.6%
2024 · €223k
2023: €130k
2024: €223k
2023 → 2025
Total assets
€396k▲ 31.2%
2024 · €301k
2023: €178k
2024: €301k
2023 → 2025
Net result
€86k▼ 7.3%
2024 · €93k
2023: €125k
2024: €93k
2023 → 2025
Working capital
€271k▲ 45.8%
2024 · €186k
2023: €124k
2024: €186k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€130k-€223k▲ 71.4%€309k▲ 38.6%
Operating result€160k-€119k▼ 25.6%€111k▼ 6.6%
Net result€125k-€93k▼ 25.8%€86k▼ 7.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 7% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396k
Fixed assets
€43k▼ 25.4%
Current assets
€352k▲ 44.7%
Equity and liabilities €396k
Equity
€309k▲ 38.6%
Debt
€87k▲ 10.2%
The debt ratio falls from 26.1% to 21.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▼
2024 · €131k
Cash flow
€101k▼
2024 · €105k
Solvency
78.1%▲
2024 · 73.9%
Current ratio
4.31▲
2024 · 4.20
Quick ratio
4.31▲
2024 · 4.20
Debt / equity
0.28▼
2024 · 0.35
ROE
27.9%▼
2024 · 41.6%
ROA
21.8%▼
2024 · 30.8%
Interest coverage
99.69▲
2024 · 78.32
Debt
€87k▲
2024 · €79k
Debt ≤ 1 year
€82k▲
2024 · €58k
Debt > 1 year
€3k▼
2024 · €21k
Income taxes
€24k▼
2024 · €25k
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€301k€396k▲
Fixed assets21/28€58k€43k▼
Tangible fixed assets22/27€58k€43k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€54k€40k▼
Current assets29/58€244k€352k▲
Amounts receivable within one year40/41€132k€133k▲
Trade receivables40€42k€42k=
Other amounts receivable41€90k€91k▲
Cash at bank and in hand54/58€110k€218k▲
Deferred charges and accrued income490/1€2k€488▼
Equity and liabilities
Total equity and liabilities10/49€301k€396k▲
Equity10/15€223k€309k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€218k€304k▲
Amounts payable17/49€79k€87k▲
Amounts payable after more than one year17€21k€3k▼
Financial debts170/4€21k€3k▼
Amounts payable within one year42/48€58k€82k▲
Current portion of amounts payable after more than one year42€18k€18k=
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€39k€63k▲
Taxes450/3€35k€59k▲
Remuneration and social security454/9€4k€4k=
Accrued charges and deferred income492/3€20€2k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€735€996▲
Gross operating margin9900€132k€127k▼
Operating profit (loss)9901€119k€111k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€117k€110k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€93k€86k▼
Profit (loss) for the period to be appropriated9905€93k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€218k€304k▲
Profit (loss) brought forward from the previous period14P€125k€218k▲
The notes to these accounts (5 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
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €86k ▼7.3%
Net result drops to €86k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €200kEq €223k ▲71.4%
2 profitable years in a row build equity to €223k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Damme · 1 establishment unit since 2022
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.
Braambeierhoekstraat 28340 DammeGround area
264 m²
Building footprint
89 m²
Volume, LiDAR
505 m³
Parcel 31023A0528/00G000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOVAR
since 20222.333.188.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31023A0528/00G000 | Flanders | 263 m² | 1 · 89 m² | 8.5 m · 2 fl. |
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.
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Of 5,696 companies in sector 70100 we hold annual accounts for 3,489. 2,306 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2022
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.