MOVE INTERMODAL
ActiveMOVE INTERMODAL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.11M and a net result of €-6k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 1132 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
17
/ 100
Critical▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▲+2
Solvency16=
Growth51▼-1
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.86 against 0.86 in 2023), and 87.6% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1132 sector peers (2024).
NBB · sector comparisonPosition among 1132 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
2 d early
2022
6 d early
2021
4 d early
2020
23 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema, statutory
Turnover
€113.58M▲ 3.4%
2023 · €109.83M
2018: €86.56M
2019: €89.03M
2020: €97.64M
2021: €118.83M
2022: €116.25M
2023: €109.83M
2018 → 2024
EBIT margin
-0.8%▲ 0.6pp
2023 · -1.4%
2018: 1.2%
2019: 0.4%
2020: 1.8%
2021: 1.9%
2022: 0.7%
2023: -1.4%
2018 → 2024
Net result
€-6k▲ 99.6%
2023 · €-1.39M
2018: €2.35M
2019: €-409k
2020: €723k
2021: €2.59M
2022: €424k
2023: €-1.39M
2018 → 2024
Working capital
€-3.58M▲ 5.4%
2023 · €-3.78M
2018: €-2.79M
2019: €-4.02M
2020: €-3.86M
2021: €756k
2022: €1.06M
2023: €-3.78M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€97.64M-€118.83M▲ 21.7%€116.25M▼ 2.2%€109.83M▼ 5.5%€113.58M▲ 3.4%
Equity€3.74M-€6.08M▲ 62.6%€6.51M▲ 7.0%€5.12M▼ 21.4%€5.11M▼ 0.1%
Operating result€1.77M-€2.29M▲ 28.9%€844k▼ 63.1%€-1.57M€-964k▲ 38.5%
Net result€723k-€2.59M▲ 259%€424k▼ 83.6%€-1.39M€-6k▲ 99.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €964k in 2024 against €1.57M in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41.27M
Fixed assets
€18.89M▲ 0.6%
Current assets
€22.38M▼ 1.2%
Equity and liabilities €41.27M
Equity
€5.11M▼ 0.1%
Provisions
€57k▼ 4.0%
Debt
€36.10M▼ 0.4%
The debt ratio stays at 87.5%.
Key figures and ratios
EBITDA
€764k▲
2023 · €461k
Cash flow
€1.72M▲
2023 · €638k
Solvency
12.4%▲
2023 · 12.3%
Current ratio
0.86▲
2023 · 0.86
Quick ratio
0.84▲
2023 · 0.82
Debt / equity
7.06▼
2023 · 7.09
ROE
-0.1%▲
2023 · -27.2%
ROA
0.0%▲
2023 · -3.4%
Interest coverage
0.89▲
2023 · 0.76
Debt
€36.10M▼
2023 · €36.26M
Debt ≤ 1 year
€25.96M▼
2023 · €26.43M
Debt > 1 year
€9.81M▲
2023 · €9.67M
Income taxes
€4k▲
2023 · €-48k
Staff costs
€3.09M▼
2023 · €3.53M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41.43M€41.27M▼
Fixed assets21/28€18.78M€18.89M▲
Intangible fixed assets21€276k€337k▲
Tangible fixed assets22/27€5.26M€5.12M▼
Plant, machinery and equipment23€18k€14k▼
Furniture and vehicles24€518k€225k▼
Leasing and similar rights25€4.70M€4.88M▲
Other tangible fixed assets26€26k€2k▼
Financial fixed assets28€13.24M€13.43M▲
Affiliated companies280/1€12.31M€12.28M▼
Participating interests280€12.31M€12.28M▼
Companies linked by participating interests282/3€892k€1.11M▲
Participating interests282€276k€526k▲
Amounts receivable283€617k€581k▼
Other financial fixed assets284/8€44k€45k▲
Shares284€36k€36k=
Amounts receivable and cash guarantees285/8€8k€9k▲
Current assets29/58€22.66M€22.38M▼
Amounts receivable after more than one year29€2.54M€2.50M▼
Other amounts receivable291€2.54M€2.50M▼
Stocks and contracts in progress3€847k€611k▼
Stocks30/36€847k€611k▼
Goods purchased for resale34€847k€611k▼
Amounts receivable within one year40/41€16.49M€13.27M▼
Trade receivables40€12.62M€12.39M▼
Other amounts receivable41€3.87M€879k▼
Current investments50/53€5k-
Other investments51/53€5k-
Cash at bank and in hand54/58€2.55M€5.92M▲
Deferred charges and accrued income490/1€217k€76k▼
Equity and liabilities
Total equity and liabilities10/49€41.43M€41.27M▼
Equity10/15€5.12M€5.11M▼
Contributions10/11€2.00M€2.00M=
Capital10€2.00M€2.00M=
Issued capital100€2.00M€2.00M=
Reserves13€2.99M€2.99M▼
Non-distributable reserves130/1€200k€200k=
Legal reserve130€200k€200k=
Tax-exempt reserves132€8k-
Distributable reserves133€2.78M€2.79M▲
Investment grants15€125k€125k=
Provisions and deferred taxes16€60k€57k▼
Provisions for liabilities and charges160/5€56k€57k▲
Pensions and similar obligations160€15k€16k▲
Other liabilities and charges164/5€42k€42k=
Deferred taxes168€3k-
Amounts payable17/49€36.26M€36.10M▼
Amounts payable after more than one year17€9.67M€9.81M▲
Financial debts170/4€9.67M€9.81M▲
Subordinated loans170€2.00M€1.90M▼
Leasing and similar obligations172€3.65M€3.91M▲
Credit institutions173€4.02M€3.37M▼
Other loans174-€630k
Amounts payable within one year42/48€26.43M€25.96M▼
Current portion of amounts payable after more than one year42€4.89M€1.87M▼
Financial debts43€135k€372k▲
Credit institutions430/8€135k€372k▲
Trade debts44€20.64M€22.17M▲
Suppliers440/4€20.64M€22.17M▲
Taxes, remuneration and social security45€761k€719k▼
Taxes450/3€298k€306k▲
Remuneration and social security454/9€463k€414k▼
Other amounts payable47/48-€820k
Accrued charges and deferred income492/3€156k€332k▲
Income statement
Code20232024
Operating income70/76A€111.53M€115.80M▲
Turnover70€109.83M€113.58M▲
Other operating income74€1.69M€2.22M▲
Non-recurring operating income76A€9k€3k▼
Operating charges60/66A€113.09M€116.76M▲
Goods for resale, raw materials and consumables60€99.21M€103.54M▲
Purchases600/8€99.21M€103.54M▲
Services and other goods61€7.54M€7.80M▲
Remuneration, social security and pensions62€3.53M€3.09M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.03M€1.73M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€106k€-16k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€922€937▲
Other operating charges640/8€20k€16k▼
Non-recurring operating charges66A€667k€610k▼
Operating profit (loss)9901€-1.57M€-964k▲
Financial income75/76B€798k€1.91M▲
Recurring financial income75€798k€1.91M▲
Income from financial fixed assets750€675k€1.87M▲
Income from current assets751€8k€21k▲
Other financial income752/9€115k€20k▼
Financial charges65/66B€686k€954k▲
Recurring financial charges65€686k€954k▲
Debt charges650€608k€859k▲
Other financial charges652/9€79k€95k▲
Profit (loss) for the period before taxes9903€-1.46M€-5k▲
Transfer from deferred taxes780€18k€3k▼
Income taxes67/77€-48k€4k▲
Taxes670/3€108k€4k▼
Tax adjustments and reversals of tax provisions77€155k-
Profit (loss) for the period9904€-1.39M€-6k▲
Transfer from tax-exempt reserves789€36k€8k▼
Profit (loss) for the period to be appropriated9905€-1.35M€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-893k€2k▲
Profit (loss) brought forward from the previous period14P€461k-
Transfer from equity791/2€893k-
From reserves792€893k-
Transfer to equity691/2-€2k
To other reserves6921-€2k
Social balance
Average headcount (FTE)908745.139.6▼
The notes to these accounts (93 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-1.39M ▼428%
Net result drops to €-1.39M, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.59M ▲259%
Operating result €2.29M, net result €2.59M, both a record.
31-12
Financial
Equity above €5MEq €6.08M ▲62.6%
2 profitable years in a row build equity to €6.08M.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €723k
Net result €723k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Genk · 1 establishment unit since 2011
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.
Kolenhavenstraat 63600 GenkGround area
9,475 m²
Building footprint
410 m²
Volume, LiDAR
4,890 m³
Parcel 71305F0952/00D000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EWALS INTERMODAL NV
since 20112.199.032.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71305F0952/00D000 | Flanders | 9,475 m² | 1 · 410 m² | 14.2 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 11,506 EUR awarded · 11,506 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 11,506 EUR | 11,506 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.199.032.956
Legal Entity Identifier
549300XH7DTRQR41G728
Similar companies · same sector, comparable size
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BE 0471.783.353
Antwerpen · Eq €4.68M
RTB CARGO BELGIUM
BE 0480.088.731
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EUROTUNNEL S.E.
BE 0880.472.859
Brussel · Eq €2.64M
RegioRail
BE 0501.943.128
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DB CARGO BELGIUM
BE 0831.406.596
Antwerpen · Eq €2.38M
Of 62 companies in sector 49200 we hold annual accounts for 42. 13 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-05-2011
Fiscal year end31-12
Activities, NACEBEL
49200Land transport and transport via pipelines
52250Logistics services
52290Warehousing and support activities for transportation
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.