Movate Belgium

Active

Private limited companyfounded 2016active for 10 yearsde Meeûssquare 35, 1000 Brussel, Belgium290 active companies are registered at this addressKBO/BCE: BE 0645.868.065

Summary

Movate Belgium has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.0m and a net result of -€17,261. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 95% of 105 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

Movate BelgiumActiveChecked score 94/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100

1 site

Size

€1.0mtotal assets 2026

Equity: €1.0m
Loss: -€17,261

Turnover not published (abbreviated format)

Financial health

94 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: Drive Holdings ParentCo Ltd

Jay SahalDirector
Arvind JonnalagaddaDirector

Auditor: VRC BEDRIJFSREVISOREN2026 accounts 33 days early5 of 13 deeds summarised

Why 94lowers riskSize: total assets €1.0mSector: Computer programming, consultancy and related activities (NACE 62)Equity €1.0m (98.3% of total assets)Liquidity: current ratio 63.45, cash €240,903, halvedShow the evidence

Checked score

Score 2026

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 50% of its sector peers (NACE 62, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 100=

equity 98.3% of total assets

Liquidity 79-21

short-term debt 1.6% · cash 23.4%

Profitability 33-12

return on assets -1.7%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,895 companies, NACE 62, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €95,000 on 30-day terms is acceptable

Liquidity ample (current ratio 63.45, compared with 9.36 in 2025, above the usual 1.5; short-term debt: 1.6% and cash: 23.4% of total assets), and 1.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 63% on liquidity, 17% on profitability and 37% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskneutral

Size: total assets €1.0m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Equity €1.0m (98.3% of total assets)

NBB · annual accounts

Liquidity: current ratio 63.45, cash €240,903, halved

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

33 days early

2025

29 days early

2024

31 days early

2023

4 days early

2022

11 days early

2021

31 days early

2020

45 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 2 October (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-09-2026 Annual accounts filedfinancial year 2026 · abbreviated…
31-03-2026 Weakest financial yearnet -€17,261
31-03-2026 Liquidity more than 6 timescurrent ratio 63.45

Key points

Caution: From profit to loss in 2026after €34,980 in 2025 -€17,261 View
Positive: Among the best 5% on solvencysector median 54.7% · 105 companies 98.3% View
Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
Controlled by Drive Holdings ParentCo Ltd parent View
Board changedlatest change 21-11-2025 · 2 in office 1 joined · 1 left View

By topic

Financials

Financial year: 2026
Total assets: €1.0m
Loss: -€17,261
Solvency: 98.3%

Total assets▼ 10.6%

Net result

20192026

Go to Financials

Board & ownership

Board: 2 members
Parent: Drive Holdings ParentCo Ltd
Auditor: VRC BEDRIJFSREVISOREN

Jay SahalDirector
Arvind JonnalagaddaDirector

Go to Board & ownership

Timeline

Events: 21
Since: 2017
Next accounts: by 31-10-2027

20-02-2026Resignation: Anish Philip (director)
02-10-2025Annual accounts filed
31-03-2025Liquidity more than triples

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Computer programmingNACE 62100
Founded: 12-01-2016
Year ends: 31-03
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: Second Tuesday of September at 17:00
Purpose: “De creatie,ontwikkeling,ontwerp,programmering,wijziging,goedkeuring,uitvoering en…” (deed in Dutch)

Go to Articles of association

Key facts about Movate Belgium

What is the company number of Movate Belgium?: 0645.868.065. In Belgium the VAT number is the company number with BE in front: BE 0645.868.065.
Where is Movate Belgium based?: The registered office is at de Meeûssquare 35, 1000 Brussel.Company details
What does Movate Belgium do?: According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Movate Belgium?: Private limited company (BV).
When was Movate Belgium founded?: On 12-01-2016.
Is Movate Belgium still active?: Yes, Movate Belgium is an active enterprise in the KBO register.
What is the turnover of Movate Belgium?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Movate Belgium profitable?: In financial year 2026, Movate Belgium made a loss of €17,261.
Where can I find the annual accounts of Movate Belgium?: Movate Belgium filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Movate Belgium due?: By 31-10-2027, for financial year 2027.Timeline