Move Electro

Active

Private limited companyfounded 20206 yrs activeGoorbergenlaan 11, 2290 Vorselaar, BelgiumKBO/BCE: BE 0741.801.065

The computed 12-month bankruptcy probability of Move Electro is 2.4% (moderate). The 2025 annual accounts show equity of €28k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 87% of 27450 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

52 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency100=

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 5.48 against 4.62 in 2024; short-term debt: 17.9% and cash: 19.7% of total assets), and 17.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

82.1%

Return on assets

-15.7%

Age of the figures

9 mo

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

202122232425

2020 to 2025 · latest year €-5k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

2 d early

2024

28 d early

2023

17 d early

2022

26 d early

2021

34 d early

2020

33 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€28k▼ 16.0%

2024 · €34k

2020: €32k 2021: €32k 2022: €36k 2023: €41k 2024: €34k

2020 → 2025

Total assets

€35k▼ 18.4%

2024 · €42k

2020: €80k 2021: €58k 2022: €52k 2023: €57k 2024: €42k

2020 → 2025

Net result

€-5k▲ 22.8%

2024 · €-7k

2020: €27k 2021: €300 2022: €4k 2023: €5k 2024: €-7k

2020 → 2025

Working capital

€28k▼ 10.8%

2024 · €31k

2020: €23k 2021: €25k 2022: €31k 2023: €36k 2024: €31k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€32k-€36k▲ 13.6%€41k▲ 12.5%€34k▼ 17.2%€28k▼ 16.0%

Operating result€754-€6k▲ 672%€6k▲ 5.9%€-7k€-5k▲ 22.0%

Net result€300-€4k▲ 1,348%€5k▲ 4.7%€-7k€-5k▲ 22.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €5k in 2025 against €7k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €35k

97.9%

Fixed assets €719▼ 74.1%

Current assets €34k▼ 14.5%

Equity and liabilities €35k

82.1%

17.9%

Equity €28k▼ 16.0%

Debt €6k▼ 27.9%

The debt ratio falls from 20.2% to 17.9%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-3k▼

2024 · €-2k

Cash flow

€-3k▼

2024 · €-2k

Solvency

82.1%▲

2024 · 79.8%

Current ratio

5.48▲

2024 · 4.62

Quick ratio

2.30▼

2024 · 2.75

Debt / equity

0.22▼

2024 · 0.25

ROE

-19.1%▲

2024 · -20.8%

ROA

-15.7%▲

2024 · -16.6%

Interest coverage

-21.58▼

2024 · -8.71

Debt

€6k▼

2024 · €9k

Debt ≤ 1 year

€6k▼

2024 · €9k

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€42k€35k▼

Fixed assets21/28€3k€719▼

Tangible fixed assets22/27€3k€719▼

Plant, machinery and equipment23€2k€719▼

Leasing and similar rights25€564€0▼

Current assets29/58€40k€34k▼

Stocks and contracts in progress3€16k€20k▲

Stocks30/36€16k€18k▲

Contracts in progress37€0€2k▲

Amounts receivable within one year40/41€4k€7k▲

Trade receivables40€1k€6k▲

Other amounts receivable41€3k€562▼

Cash at bank and in hand54/58€19k€7k▼

Deferred charges and accrued income490/1€544€833▲

Equity and liabilities

Total equity and liabilities10/49€42k€35k▼

Equity10/15€34k€28k▼

Contributions10/11€5k€5k=

Reserves13€29k€23k▼

Distributable reserves133€29k€23k▼

Amounts payable17/49€9k€6k▼

Amounts payable after more than one year17€0-

Financial debts170/4€0-

Amounts payable within one year42/48€9k€6k▼

Current portion of amounts payable after more than one year42€622€0▼

Trade debts44€295€893▲

Suppliers440/4€295€893▲

Taxes, remuneration and social security45€1k€0▼

Taxes450/3€1k€0▼

Other amounts payable47/48€6k€5k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼

Other operating charges640/8€686€705▲

Gross operating margin9900€-1k€-3k▼

Operating profit (loss)9901€-7k€-5k▲

Financial income75/76B€44€69▲

Recurring financial income75€44€69▲

Financial charges65/66B€229€156▼

Recurring financial charges65€229€156▼

Profit (loss) for the period before taxes9903€-7k€-5k▲

Income taxes67/77€0-

Profit (loss) for the period9904€-7k€-5k▲

Profit (loss) for the period to be appropriated9905€-7k€-5k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-5k▲

Transfer from equity791/2€7k€5k▼

Transfer to equity691/2€0-

To other reserves6921€0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

03-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-7k ▼254%

Net result drops to €-7k, the lowest in the series; recovery starts the following year.

14-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

05-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

28-06

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.

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, Vorselaar · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Goorbergenlaan 112290 Vorselaar

Ground area

1,075 m²

Building footprint

120 m²

Volume, LiDAR

578 m³

Parcel 13044G0031/00N000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Move Electro

Goorbergenlaan 11, 2290 VorselaarConstruction of utility projects for electricity and telecommunications

since 20202.298.505.664

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13044G0031/00N000	Flanders	1,075 m²	1 · 120 m²	6.8 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.

Similar companies · same sector, comparable size

BIX GROUP

BE 0803.835.238

Grimbergen · Eq €28k

SERVICES AND IMAGING CORPORATION

Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 7,889 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-01-2020

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

43212Electrical installation work in industrial facilities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.