Movate Belgium
ActiveSummary
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 has been stable since 2019 (±1.3% per year). Its solvency ranks better than 95% of 119 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-01-2016 Normal situation
- Registered office
- 291 active companies are registered at this address 16 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Computer programming NACE 62100and 1 other
- Establishment unit
- 2.251.131.557 1000 Brussel, since 12-01-2016
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Board and ownership
- Jay SahalDirector · since 10-01-2025
- Arvind JonnalagaddaDirector · since 21-11-2025
- Auditor
- VRC BEDRIJFSREVISOREN
- Drive Holdings ParentCo Ltdconsolidatesannual accounts 31-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€15,148
- Loss
- €17,261
- Equity
- €1.0m
- ▼ 1.7%
- Total assets
- €1.0m
- ▼ 10.6%
Score breakdownlowers 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
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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). It does better than 85% of them on solvency, 63% on liquidity, 17% on profitability and 37% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2026after a profit of €34,980 in 2025 -€17,261 View
- Positive: Higher solvency than 95% of companies in computer programming and consultancysector median 50.4% · 119 companies 98.3% View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
- Board changedlatest change 21-11-2025 · 2 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Resignation: Anish Philip (director)Appointment: Arvind Jonnalagadda (director) · Reappointment: VRC Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Resignation: Ramaseshan Kothandaraman (director)Appointment: Jay Sahal (director)
- · Gazette deed Resignation: ASHOK PHILIPOSE (director)
Comparable companies
These companies have the same main activity as Movate Belgium: computer programming (NACE 62100). They are comparable in size and age: total assets between €759,000 and €1.3m, founded between 2014 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| Movate Belgium Brussel | €1.0m | -€0.02m |
| FAROW Hasselt | €1.1m | -€0.2m |
| We Connect Data Grimbergen | €1.3m | -€0.03m |
| Aviatize Gent | €1.3m | -€0.2m |
| ADRESTIA INVEST Elsene | €0.8m | -€0.04m |
| OMADEV Ukkel | €0.8m | -€0.02m |
| DATAVILLAGE Etterbeek | €1.1m | -€0.3m |
Key facts about Movate Belgium
- What is the company number of Movate Belgium?
- The company number of Movate Belgium is 0645.868.065. The VAT number is the same 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?
- The legal form of Movate Belgium is Private limited company (BV).
- When was Movate Belgium founded?
- Movate Belgium was 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?
- The annual accounts for financial year 2026 state no turnover. The abbreviated format does not require it.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?
- Movate Belgium must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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