MOVE CONCEPT
ActiveSummary
MOVE CONCEPT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65,264 and a net result of €4,718. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 19913 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+1
Solvency36▼-40
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.81 against 1.92 in 2023; short-term debt: 4.2% and cash: 1.7% of total assets), and 88.6% of the assets are financed with debt.
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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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.4%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 19913 sector peers (2024).
NBB · sector comparisonPosition among 19913 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
8 d early
2022
31 d late
2021
31 d late
2020
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€65,264▲ 7.8%
2023 · €60,546
Total assets
€573,638▲ 387%
2023 · €117,909
Net result
€4,718▲ 636%
2023 · €641
Working capital
-€4,661
2023 · €12,396
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€36,328-€28,402▼ 21.8%€1,036▼ 96.4%€3,240▲ 213%€12,648▲ 290%
Net result€24,218-€18,512▼ 23.6%-€1,426€641€4,718▲ 636%
Equity€42,818-€61,331▲ 43.2%€59,905▼ 2.3%€60,546▲ 1.1%€65,264▲ 7.8%
Total assets€79,527-€69,935▼ 12.1%€69,735▼ 0.3%€117,909▲ 69.1%€573,638▲ 387%
Debt€36,709-€8,605▼ 76.6%€9,830▲ 14.2%€57,363▲ 484%€508,374▲ 786%
Working capital-€12,802-€25,409€6,468▼ 74.5%€12,396▲ 91.7%-€4,661
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 290% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €573,638
Fixed assets
€554,157 ▲ 502%
Current assets
€19,481 ▼ 24.8%
Equity and liabilities €573,638
Equity
€65,264 ▲ 7.8%
Debt
€508,374 ▲ 786%
Debt's share of the balance-sheet total rises from 48.7% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58,859▲
2023 · €30,764
Cash flow
€50,929▲
2023 · €28,165
Current ratio
0.81▼
2023 · 1.92
Debt to equity
7.79▲
2023 · 0.95
ROE
7.2%▲
2023 · 1.1%
ROA
0.8%▲
2023 · 0.5%
Interest coverage
10.64▼
2023 · 12.87
Debt ≤ 1 year
€24,142▲
2023 · €13,522
Debt > 1 year
€484,232▲
2023 · €43,841
Income taxes
€2,399▲
2023 · €216
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,092 | €15,683 | €16,915 | €27,524 | €46,211 | ▲ 67.9% |
| Other operating charges640/8 | - | €1,384 | €556 | €2,441 | €828 | ▼ 66.1% |
| Gross operating margin9900 | €77,904 | €45,469 | €18,507 | €33,205 | €59,688 | ▲ 79.8% |
| Operating profit (loss)9901 | €36,328 | €28,402 | €1,036 | €3,240 | €12,648 | ▲ 290% |
| Financial income75/76B | - | - | €0 | €7 | €1 | ▼ 81.7% |
| Recurring financial income75 | €30 | - | €0 | €7 | €1 | ▼ 81.7% |
| Financial charges65/66B | - | €1,824 | €2,176 | €2,390 | €5,533 | ▲ 132% |
| Recurring financial charges65 | €266 | €1,824 | €2,176 | €2,390 | €5,533 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | €36,092 | €26,578 | -€1,139 | €857 | €7,117 | ▲ 730% |
| Income taxes67/77 | €11,874 | €8,065 | €287 | €216 | €2,399 | ▲ 1,009% |
| Profit (loss) for the period9904 | €24,218 | €18,512 | -€1,426 | €641 | €4,718 | ▲ 636% |
| Profit (loss) for the period to be appropriated9905 | €24,218 | €18,512 | -€1,426 | €641 | €4,718 | ▲ 636% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,527 | €69,935 | €69,735 | €117,909 | €573,638 | ▲ 387% |
| Fixed assets21/28 | €55,620 | €35,922 | €53,437 | €91,990 | €554,157 | ▲ 502% |
| Intangible fixed assets21 | €36,000 | €24,000 | €12,000 | - | - | - |
| Tangible fixed assets22/27 | €19,620 | €11,922 | €19,936 | €69,015 | €554,157 | ▲ 703% |
| Land and buildings22 | - | - | - | - | €502,062 | - |
| Plant, machinery and equipment23 | - | €5,678 | €7,549 | €6,884 | €6,112 | ▼ 11.2% |
| Furniture and vehicles24 | - | €352 | €6,538 | €57,173 | €39,993 | ▼ 30.0% |
| Other tangible fixed assets26 | - | €5,893 | €5,850 | €4,958 | €5,989 | ▲ 20.8% |
| Financial fixed assets28 | - | - | €21,501 | €22,975 | - | - |
| Current assets29/58 | €23,907 | €34,013 | €16,298 | €25,918 | €19,481 | ▼ 24.8% |
| Amounts receivable within one year40/41 | €7,081 | €24,793 | €1,476 | €9,258 | €8,624 | ▼ 6.8% |
| Trade receivables40 | - | €8,870 | €1,476 | €9,258 | €8,624 | ▼ 6.8% |
| Other amounts receivable41 | - | €15,923 | - | - | - | - |
| Cash at bank and in hand54/58 | €16,826 | €9,220 | €14,822 | €15,842 | €10,019 | ▼ 36.8% |
| Deferred charges and accrued income490/1 | - | - | - | €819 | €838 | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,527 | €69,935 | €69,735 | €117,909 | €573,638 | ▲ 387% |
| Equity10/15 | €42,818 | €61,331 | €59,905 | €60,546 | €65,264 | ▲ 7.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €18,512 | €18,512 | €18,512 | €18,512 | = |
| Distributable reserves133 | - | €18,512 | €18,512 | €18,512 | €18,512 | = |
| Profit (loss) carried forward14 | €24,218 | €24,218 | €22,793 | €23,433 | €28,152 | ▲ 20.1% |
| Amounts payable17/49 | €36,709 | €8,605 | €9,830 | €57,363 | €508,374 | ▲ 786% |
| Amounts payable after more than one year17 | - | - | - | €43,841 | €484,232 | ▲ 1,005% |
| Financial debts170/4 | - | - | - | €43,841 | €484,232 | ▲ 1,005% |
| Amounts payable within one year42/48 | €36,709 | €8,605 | €9,830 | €13,522 | €24,142 | ▲ 78.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,512 | €16,852 | ▲ 46.4% |
| Trade debts44 | €535 | €539 | €1,478 | €1,794 | €1,373 | ▼ 23.5% |
| Suppliers440/4 | - | €539 | €1,478 | €1,794 | €1,373 | ▼ 23.5% |
| Taxes, remuneration and social security45 | - | €8,065 | €8,352 | €216 | €2,615 | ▲ 1,109% |
| Taxes450/3 | - | €8,065 | €8,352 | €216 | €2,615 | ▲ 1,109% |
| Other amounts payable47/48 | - | - | - | - | €3,302 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,218 | €18,512 | -€1,426 | €641 | €4,718 | ▲ 636% |
| + Depreciation and write-downs630 | €41,092 | €15,683 | €16,915 | €27,524 | €46,211 | ▲ 67.9% |
| Operating cash flow (approximation) | €65,311 | €34,195 | €15,489 | €28,165 | €50,929 | ▲ 80.8% |
| Investment in fixed assets (approximation) | - | €4,015 | -€34,430 | -€66,077 | -€508,377 | ▼ 669% |
| Change in cash | - | -€7,606 | €5,602 | €1,020 | -€5,822 | ▼ 671% |
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
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €641
Net result €641 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€1,426
Net result drops to -€1,426, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity times 6current ratio 3.95
Current ratio from 0.65 to 3.95; short-term debt falls from €36,709 to €8,605.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Jalhay
Ground area
3,345 m²
Building footprint
217 m²
Volume, LiDAR
1,411 m³
Parcel 63038A0016/00V003, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63038A0016/00V003 | Wallonia | 3,344 m² | 1 · 217 m² | 8.9 m · 2 fl. |
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.
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Of 12,696 companies in sector 86951 we hold annual accounts for 2,143. 1,944 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
Founded19-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
47639Retail sale of other sporting goods
47711Retail sale of women's outerwear
47712Retail trade
47721Retail sale of footwear
Scores and ratios are computed by Checked and are not a credit decision.