MOVAST
ActiveMOVAST has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.88M and a net result of €16k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 26% of 4512 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+6
Solvency38=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.04 in 2024; short-term debt: 56.3% and cash: 0.1% of total assets), and 87% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
13%
Return on assets
0%
Age of the figures
9 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
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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
12 d late
2023
28 d late
2022
30 d late
2021
57 d late
2020
184 d late
2019
101 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k
2024 · €-588k
2018: €-109k
2019: €2.79M
2020: €665k
2021: €64k
2022: €12k
2023: €-173k
2024: €-588k
2018 → 2025
Working capital
€3.75M▲ 195%
2024 · €1.27M
2018: €-19.88M
2019: €-13.78M
2020: €-15.71M
2021: €-7.23M
2022: €-2.84M
2023: €-346k
2024: €1.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8.61M-€8.63M▲ 0.1%€8.45M▼ 2.0%€7.87M▼ 7.0%€7.88M▲ 0.2%
Operating result€648k-€707k▲ 9.1%€905k▲ 28.0%€1.00M▲ 10.9%€1.01M▲ 1.1%
Net result€64k-€12k▼ 81.0%€-173k€-588k▼ 240%€16k
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60.82M
Fixed assets
€22.86M▼ 2.6%
Current assets
€37.97M▲ 6.1%
Equity and liabilities €60.82M
Equity
€7.88M▲ 0.2%
Debt
€52.94M▲ 3.0%
The debt ratio rises from 86.7% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.05M▲
2024 · €1.98M
Cash flow
€1.05M▲
2024 · €387k
Solvency
13.0%▼
2024 · 13.3%
Current ratio
1.11▲
2024 · 1.04
Quick ratio
0.36▼
2024 · 0.37
Debt / equity
6.72▲
2024 · 6.53
ROE
0.2%▲
2024 · -7.5%
ROA
0.0%▲
2024 · -1.0%
Interest coverage
1.65▲
2024 · 1.09
Debt
€52.94M▲
2024 · €51.39M
Debt ≤ 1 year
€34.22M▼
2024 · €34.51M
Income taxes
€1k▼
2024 · €1k
Staff costs
€390k▲
2024 · €370k
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€59.25M€60.82M▲
Fixed assets21/28€23.47M€22.86M▼
Tangible fixed assets22/27€16.57M€15.96M▼
Land and buildings22€16.56M€15.95M▼
Furniture and vehicles24€14k€13k▼
Financial fixed assets28€6.90M€6.90M=
Current assets29/58€35.78M€37.97M▲
Stocks and contracts in progress3€23.08M€25.68M▲
Stocks30/36€23.08M€25.68M▲
Amounts receivable within one year40/41€12.36M€12.20M▼
Trade receivables40€297k€43k▼
Other amounts receivable41€12.06M€12.16M▲
Cash at bank and in hand54/58€292k€47k▼
Deferred charges and accrued income490/1€45k€34k▼
Equity and liabilities
Total equity and liabilities10/49€59.25M€60.82M▲
Equity10/15€7.87M€7.88M▲
Contributions10/11€1.56M€1.56M=
Capital10€1.56M€1.56M=
Issued capital100€1.56M€1.56M=
Reserves13€156k€156k=
Non-distributable reserves130/1€156k€156k=
Legal reserve130€156k€156k=
Profit (loss) carried forward14€6.15M€6.16M▲
Amounts payable17/49€51.39M€52.94M▲
Amounts payable within one year42/48€34.51M€34.22M▼
Financial debts43€27.61M€26.32M▼
Credit institutions430/8€27.61M€26.32M▼
Trade debts44€74k€110k▲
Suppliers440/4€74k€110k▲
Taxes, remuneration and social security45€60k€61k▲
Taxes450/3€12k€12k▲
Remuneration and social security454/9€48k€49k▲
Other amounts payable47/48€6.77M€7.73M▲
Accrued charges and deferred income492/3€16.88M€18.72M▲
Income statement
Code20242025
Non-recurring operating income76A-€154k
Remuneration, social security and pensions62€370k€390k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€975k€1.04M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€68k
Other operating charges640/8€199k€1.05M▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€2.55M€3.57M▲
Operating profit (loss)9901€1.00M€1.01M▲
Financial income75/76B€227k€247k▲
Recurring financial income75€227k€247k▲
Financial charges65/66B€1.82M€1.24M▼
Recurring financial charges65€1.82M€1.24M▼
Profit (loss) for the period before taxes9903€-587k€17k▲
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€-588k€16k▲
Profit (loss) for the period to be appropriated9905€-588k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.15M€6.16M▲
Profit (loss) brought forward from the previous period14P€6.74M€6.15M▼
Social balance
Average headcount (FTE)90875.45.4=
The notes to these accounts (13 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 · full schema · 20 days late
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-588k
Net result drops to €-588k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 184 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 101 days late
2019
31-12
Financial
Back to profitnet €2.79M
Net result €2.79M after one loss-making year.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 48 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-05-2024
Bimexo bv: Resigned as Director
30-04-2024
Eliza Oostdijk: Resigned as Managing director
07-10-2022
Bimexo: Resigned as Director
14-01-2022
Leonardus de Haas: Resigned as Director
14-01-2022
Leonardus de Haas: Resigned as Managing director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2001
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.
Sint-Katelijnevest 612000 AntwerpenGround area
1,637 m²
Building footprint
1,232 m²
Volume, LiDAR
23,548 m³
2 parcels, Flanders · tallest building 23.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Schildersstraat 2, 2000 Antwerpen
since 20012.100.381.184
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C1584/00D000 | Flanders | 1,481 m² | 1 · 1,077 m² | 23.3 m · 7 fl. |
| 11811L3615/00L000 | Flanders | 155 m² | 1 · 155 m² | 18.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 12,016 companies in sector 68203 we hold annual accounts for 5,983. 2,146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-06-2001
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.