MOVE INTERMODAL
ActiveSummary
MOVE INTERMODAL has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.7m and a net result of -€2.1m. Equity has been growing by about 9.3% per year since 2018. Its solvency ranks better than 26% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-05-2011 Normal situation
- Activity
- Land transport and transport via pipelines NACE 49200and 2 others
- Joint committees
- 140 Paritair Comité voor het vervoer en de logistiek
- 226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek · annual accounts 2025
- Establishment unit
- 2.199.032.956 3600 Genk, since 19-05-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 25-03-2026
Board and ownership
Board
- Fips&Da BVDirector · since 15-01-2024 · permanent representative Joris Brouwers
- Kovacon CommVDirector · since 15-01-2024 · permanent representative Koen Vandepitte
- Luc DriessenDirector · since 15-01-2024
- Auditor
- BDO Bedrijfsrevisoren bv
Shareholders
- MOVE INTERMODAL GROUP100%· score 922025 annual accounts of MOVE INTERMODAL GROUP
- Move Sustainable Freight Solutions100%· score 84annual accounts 2025
- Holdings
- Shares in 13 companies including Itineris SRO and Move Intermodal BV
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
Annual accounts 2025
- Turnover
- €114.6m
- ▲ 0.9%
- Loss
- €2.1m
- ▲ 380×
- Equity
- €8.7m
- ▲ 69.3%
- Total assets
- €43.0m
- ▲ 4.2%
- Employees on 31-12-2025
- 42
- =
- 2025 accounts filed 45 days after the deadline
Score breakdownraises riskLast filed accounts filed 45 days late; 1 of the last 3 accounts lateSector: Land transport and transport via pipelines (NACE 49)Loss of €2.1m, the second in a row (financial year 2025)lowers riskSize: turnover €114.6m, 40.4 FTE, total assets €43.0mShow the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 34% of small companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency
45+8
equity 20.1% of total assets
Liquidity
34-1
short-term debt 60.9% · cash 12.7%
Profitability
20-5
return on assets -4.9%
Bankruptcy probability within 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.5 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.3%● unchanged vs 03-2026lowest value
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026
10-2026: 0.7%▼ -0.1 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.79 (0.86 in 2024), below 1. Short-term debt is 60.9% and cash 12.7% of total assets. 79.9% of the assets are financed with debt and provisions.
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 49, small). It does better than 25% of them on solvency, 30% on liquidity, 7% on profitability and 73% on growth.
The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
45 days late
2024
27 days early
2023
2 days early
2022
6 days early
2021
4 days early
2020
23 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format, standalone accounts
2025 annual accounts filed 45 days after the deadline Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514567.
Annual accounts 2025 filed on 14-09-2026 at the NBB all 19 filings
Turnover
€114.6m▲ 0.9%
2024 · €113.6m
EBIT margin
-0.8%▲ 0.1pp
2024 · -0.8%
Net result
-€2.1m▼ 37,927%
2024 · -€5,573
Working capital
-€5.6m▼ 56.8%
2024 · -€3.6m
In the rankings
#2 company by total assets in Limburg, Land transport sector#9 company by equity in Genk, Transport and storage sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€114.6m
▲ 0.9%
2025
20182025
Operating result
-€882,825
▲ 8.4%
2025
20182025
Net result
-€2.1m
▼ 37,927%
2025
lowest quarter of the sector
20182025
EBIT margin
-0.8%
▲ 0.1pp
2025
20182025
Equity
€8.7m
▲ 69.3%
2025
highest quarter of the sector
20182025
Total assets
€43.0m
▲ 4.2%
2025
highest quarter of the sector
20182025
Debt
€34.3m
▼ 5.0%
2025
20182025
Working capital
-€5.6m
▼ 56.8%
2025
lowest quarter of the sector
20182025
Solvency
20.1%
▲ 7.7pp
2025
middle half of the sector
20182025
Current ratio
0.79
▼ 0.08
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-4.9%
▼ 4.9pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
40.4
▲ 2.0%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€86.6m-€89.0m▲ 2.9%€97.6m▲ 9.7%€118.8m▲ 21.7%€116.3m▼ 2.2%€109.8m▼ 5.5%€113.6m▲ 3.4%€114.6m▲ 0.9%
Operating result€1.0m-€0.4m▼ 63.7%€1.8m▲ 383%€2.3m▲ 28.9%€0.8m▼ 63.1%-€1.6m-€1.0m▲ 38.5%-€0.9m▲ 8.4%
Net result€2.3m--€0.4m€0.7mabove the sector's middle half€2.6mabove the sector's middle half▲ 259%€0.4mabove the sector's middle half▼ 83.6%-€1.4mbelow the sector's middle half-€0.006mbelow the sector's middle half▲ 99.6%-€2.1mbelow the sector's middle half▼ 37,927%
EBIT margin1.2%-0.4%▼ 0.8pp1.8%▲ 1.4pp1.9%▲ 0.1pp0.7%▼ 1.2pp-1.4%▼ 2.2pp-0.8%▲ 0.6pp-0.8%▲ 0.1pp
Equity€3.6m-€3.3m▼ 10.5%€3.7mabove the sector's middle half▲ 15.0%€6.1mabove the sector's middle half▲ 62.6%€6.5mabove the sector's middle half▲ 7.0%€5.1mabove the sector's middle half▼ 21.4%€5.1mabove the sector's middle half▼ 0.1%€8.7mabove the sector's middle half▲ 69.3%
Total assets€32.3m-€29.8m▼ 7.7%€36.9mabove the sector's middle half▲ 23.8%€47.0mabove the sector's middle half▲ 27.4%€44.7mabove the sector's middle half▼ 4.9%€41.4mabove the sector's middle half▼ 7.3%€41.3mabove the sector's middle half▼ 0.4%€43.0mabove the sector's middle half▲ 4.2%
Debt€28.5m-€26.4m▼ 7.4%€33.1m▲ 25.1%€40.8m▲ 23.5%€38.1m▼ 6.6%€36.3m▼ 4.9%€36.1m▼ 0.4%€34.3m▼ 5.0%
Working capital-€2.8m--€4.0m▼ 44.4%-€3.9mbelow the sector's middle half▲ 4.0%€0.8mabove the sector's middle half€1.1mabove the sector's middle half▲ 40.1%-€3.8mbelow the sector's middle half-€3.6mbelow the sector's middle half▲ 5.4%-€5.6mbelow the sector's middle half▼ 56.8%
Solvency11.2%-10.9%▼ 0.3pp10.1%below the sector's middle half▼ 0.8pp12.9%below the sector's middle half▲ 2.8pp14.5%below the sector's middle half▲ 1.6pp12.3%below the sector's middle half▼ 2.2pp12.4%below the sector's middle half=20.1%within the sector's middle half▲ 7.7pp
Current ratio0.87-0.81▼ 0.060.85within the sector's middle half▲ 0.051.03within the sector's middle half▲ 0.171.04within the sector's middle half▲ 0.010.86below the sector's middle half▼ 0.180.86below the sector's middle half▲ 0.010.79below the sector's middle half▼ 0.08
Return on assets (ROA)7.3%--1.4%▼ 8.6pp2.0%within the sector's middle half▲ 3.3pp5.5%within the sector's middle half▲ 3.6pp0.9%within the sector's middle half▼ 4.6pp-3.4%below the sector's middle half▼ 4.3pp0.0%below the sector's middle half▲ 3.3pp-4.9%below the sector's middle half▼ 4.9pp
Staff (FTE)38.9-41.8▲ 7.5%42.6within the sector's middle half▲ 1.9%45within the sector's middle half▲ 5.6%48.7within the sector's middle half▲ 8.2%45.1within the sector's middle half▼ 7.4%39.6within the sector's middle half▼ 12.2%40.4within the sector's middle half▲ 2.0%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €882,825, smaller than the loss of €963,550 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43.0m
Fixed assets
€22.4m ▲ 18.6%
Current assets
€20.6m ▼ 8.0%
Equity and liabilities €43.0m
Equity
€8.7m ▲ 69.3%
Provisions
€56,991 ▼ 0.4%
Debt
€34.3m ▼ 5.0%
Debt's share of the balance-sheet total falls from 87.5% to 79.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€572,436▼
2024 · €764,363
Cash flow
-€663,782▼
2024 · €1.7m
Quick ratio
0.77▼
2024 · 0.84
Debt to equity
3.96▼
2024 · 7.06
ROE
-24.5%▼
2024 · -0.1%
Interest coverage
0.80▼
2024 · 0.89
Debt ≤ 1 year
€26.2m▲
2024 · €26.0m
Debt > 1 year
€7.7m▼
2024 · €9.8m
Income taxes
€3,607▲
2024 · €3,566
Customer credit
34 days▼
2024 · 40 days
Supplier credit
80 days▲
2024 · 78 days
Staff costs
€3.2m▲
2024 · €3.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 48 | 51 | 46 | 42 | 42 |
| full-time | 41 | 44 | 40 | 35 | 35 |
| part-time | 7 | 7 | 6 | 7 | 7 |
| in full-time equivalents | 46.4 | 49.1 | 44.5 | 40.2 | 40.3 |
| Average over the year, in full-time equivalents | 45 | 48.7 | 45.1 | 39.6 | 40.4 |
| On a permanent contract | 47 | 48 | 46 | 41 | 41 |
| Joined | 8 | 13 | 0 | 4 | 6 |
| Left | 3 | 10 | 5 | 8 | 6 |
| Agency workers, average number | 2.6 | 1.1 | - | 0.7 | 1.1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €12.4m | €10.6m | €12.5m | €9.1m | €7.3m |
| Pledge on the business | €8.5m | €8.5m | €8.5m | €8.5m | €8.5m |
| Carrying value of the other pledged assets | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4.9m | €542,957 | €116,892 | €1.5m | €128,250 |
| Intangible fixed assets | €105,127 | €66,776 | - | €119,254 | €63,984 |
| Financial fixed assets | €60,000 | €430,778 | €5.2m | €250,000 | - |
| Depreciation and write-downs of the year | €1.6m | €2.2m | €2.0m | €1.7m | €1.5m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €17,500 | €19,000 | €21,250 | €22,325 | €23,000 |
| Work by persons linked to the auditor | €36,119 | €63,495 | €10,835 | €7,725 | €6,125 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 · 2 entries · €11,506 awarded · €11,506 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €120.1m | €117.5m | €111.5m | €115.8m | €117.7m | ▲ 1.7% |
| Turnover70 | €86.6m | €89.0m | €97.6m | €118.8m | €116.3m | €109.8m | €113.6m | €114.6m | ▲ 0.9% |
| Other operating income74 | - | - | - | €1.2m | €1.2m | €1.7m | €2.2m | €3.2m | ▲ 42.2% |
| Non-recurring operating income76A | - | - | - | €0.02m | €0.08m | €0.009m | €0.003m | €0.007m | ▲ 172% |
| Operating charges60/66A | - | - | - | €117.8m | €116.7m | €113.1m | €116.8m | €118.6m | ▲ 1.6% |
| Goods for resale, raw materials and consumables60 | - | - | - | €106.4m | €103.6m | €99.2m | €103.5m | €104.6m | ▲ 1.0% |
| Purchases600/8 | - | - | - | €106.6m | €103.6m | €99.2m | €103.5m | €104.6m | ▲ 1.0% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.2m | - | - | - | - | - |
| Services and other goods61 | - | - | - | €6.6m | €7.3m | €7.5m | €7.8m | €8.0m | ▲ 3.0% |
| Remuneration, social security and pensions62 | - | - | - | €2.9m | €3.4m | €3.5m | €3.1m | €3.2m | ▲ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.2m | €1.3m | €1.4m | €1.6m | €2.2m | €2.0m | €1.7m | €1.5m | ▼ 15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.02m | €0.03m | €0.1m | -€0.02m | €0.8m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.001m | €0.002m | €0.001m | €0.001m | -€249 | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 7.2% |
| Non-recurring operating charges66A | - | - | - | €0.2m | €0.1m | €0.7m | €0.6m | €0.5m | ▼ 25.5% |
| Operating profit (loss)9901 | €1.0m | €0.4m | €1.8m | €2.3m | €0.8m | -€1.6m | -€1.0m | -€0.9m | ▲ 8.4% |
| Financial income75/76B | - | - | - | €1.6m | €0.2m | €0.8m | €1.9m | €0.7m | ▼ 65.6% |
| Recurring financial income75 | €1.3m | €0.04m | €0.04m | €1.6m | €0.2m | €0.8m | €1.9m | €0.7m | ▼ 65.6% |
| Income from financial fixed assets750 | - | - | - | €1.6m | €0.08m | €0.7m | €1.9m | €0.5m | ▼ 73.3% |
| Income from current assets751 | - | - | - | €0.01m | €0.02m | €0.008m | €0.02m | €0.008m | ▼ 61.9% |
| Other financial income752/9 | - | - | - | €0.02m | €0.05m | €0.1m | €0.02m | €0.1m | ▲ 653% |
| Financial charges65/66B | - | - | - | €0.8m | €0.3m | €0.7m | €1.0m | €1.9m | ▲ 98.1% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.7m | €1.0m | €0.8m | ▼ 15.1% |
| Debt charges650 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.6m | €0.9m | €0.7m | ▼ 16.8% |
| Other financial charges652/9 | - | - | - | €0.09m | €0.07m | €0.08m | €0.09m | €0.1m | ▲ 0.6% |
| Non-recurring financial charges66B | - | - | - | €0.5m | - | - | - | €1.1m | - |
| Profit (loss) for the period before taxes9903 | €2.5m | -€0.4m | €1.1m | €3.0m | €0.7m | -€1.5m | -€0.005m | -€2.1m | ▼ 39,793% |
| Transfer from deferred taxes780 | - | - | - | €0.02m | €0.02m | €0.02m | €0.003m | - | - |
| Income taxes67/77 | €0.2m | €0.001m | €0.4m | €0.5m | €0.3m | -€0.05m | €0.004m | €0.004m | ▲ 1.1% |
| Taxes670/3 | - | - | - | €0.5m | €0.3m | €0.1m | €0.004m | €0.004m | ▲ 1.1% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €0.2m | - | - | - |
| Profit (loss) for the period9904 | €2.3m | -€0.4m | €0.7m | €2.6m | €0.4m | -€1.4m | -€0.006m | -€2.1m | ▼ 37,927% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.04m | €0.04m | €0.04m | €0.008m | - | - |
| Profit (loss) for the period to be appropriated9905 | €2.3m | -€0.4m | €0.8m | €2.6m | €0.5m | -€1.4m | €0.002m | -€2.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €32.3m | €29.8m | €36.9m | €47.0m | €44.7m | €41.4m | €41.3m | €43.0m | ▲ 4.2% |
| Fixed assets21/28 | €13.8m | €13.0m | €14.2m | €16.3m | €15.3m | €18.8m | €18.9m | €22.4m | ▲ 18.6% |
| Intangible fixed assets21 | €0.1m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.6% |
| Tangible fixed assets22/27 | €5.3m | €4.8m | €6.3m | €8.7m | €7.1m | €5.3m | €5.1m | €9.4m | ▲ 83.8% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.004m | €0.02m | €0.01m | €0.009m | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | €3.0m | €1.1m | €0.5m | €0.2m | €5.8m | ▲ 26× |
| Leasing and similar rights25 | - | - | - | €5.6m | €5.9m | €4.7m | €4.9m | €3.6m | ▼ 25.4% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.06m | €0.03m | €0.002m | €386 | ▼ 81.1% |
| Financial fixed assets28 | €8.4m | €8.0m | €7.7m | €7.3m | €7.8m | €13.2m | €13.4m | €12.7m | ▼ 5.8% |
| Affiliated companies280/1 | - | - | - | €6.9m | €7.2m | €12.3m | €12.3m | €12.3m | = |
| Participating interests280 | - | - | - | €6.8m | €7.1m | €12.3m | €12.3m | €12.3m | = |
| Amounts receivable281 | - | - | - | €0.05m | €0.05m | - | - | - | - |
| Companies linked by participating interests282/3 | - | - | - | €0.4m | €0.6m | €0.9m | €1.1m | €0.3m | ▼ 72.8% |
| Participating interests282 | - | - | - | €0.1m | €0.3m | €0.3m | €0.5m | - | - |
| Amounts receivable283 | - | - | - | €0.2m | €0.3m | €0.6m | €0.6m | €0.3m | ▼ 48.2% |
| Other financial fixed assets284/8 | - | - | - | €0.02m | €0.02m | €0.04m | €0.04m | €0.07m | ▲ 65.0% |
| Shares284 | - | - | - | €0.02m | €0.02m | €0.04m | €0.04m | €0.04m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | €0.008m | €0.009m | €0.04m | ▲ 319% |
| Current assets29/58 | €18.5m | €16.8m | €22.7m | €30.7m | €29.5m | €22.7m | €22.4m | €20.6m | ▼ 8.0% |
| Amounts receivable after more than one year29 | - | - | - | €3.0m | €2.4m | €2.5m | €2.5m | €2.6m | ▲ 4.0% |
| Other amounts receivable291 | - | - | - | €3.0m | €2.4m | €2.5m | €2.5m | €2.6m | ▲ 4.0% |
| Stocks and contracts in progress3 | €0.3m | €0.6m | €0.4m | €0.6m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 17.5% |
| Stocks30/36 | - | - | - | €0.6m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 17.5% |
| Goods purchased for resale34 | - | - | - | €0.6m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 17.5% |
| Amounts receivable within one year40/41 | €14.8m | €14.9m | €19.2m | €26.2m | €22.5m | €16.5m | €13.3m | €12.0m | ▼ 9.7% |
| Trade receivables40 | - | - | - | €22.2m | €20.5m | €12.6m | €12.4m | €10.7m | ▼ 13.9% |
| Other amounts receivable41 | - | - | - | €4.0m | €2.1m | €3.9m | €0.9m | €1.3m | ▲ 48.7% |
| Current investments50/53 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | - | - | - |
| Other investments51/53 | - | - | - | €0.005m | €0.005m | €0.005m | - | - | - |
| Cash at bank and in hand54/58 | €2.8m | €0.6m | €2.8m | €0.9m | €3.9m | €2.5m | €5.9m | €5.5m | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.03m | €0.2m | €0.08m | €0.04m | ▼ 47.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €32.3m | €29.8m | €36.9m | €47.0m | €44.7m | €41.4m | €41.3m | €43.0m | ▲ 4.2% |
| Equity10/15 | €3.6m | €3.3m | €3.7m | €6.1m | €6.5m | €5.1m | €5.1m | €8.7m | ▲ 69.3% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | - | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | - | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Revaluation surpluses12 | - | - | - | - | - | - | - | €5.7m | - |
| Reserves13 | €1.6m | €1.5m | €1.5m | €4.0m | €3.9m | €3.0m | €3.0m | €0.9m | ▼ 71.0% |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Tax-exempt reserves132 | - | - | - | €0.08m | €0.04m | €0.008m | - | - | - |
| Distributable reserves133 | - | - | - | €3.7m | €3.7m | €2.8m | €2.8m | €0.7m | ▼ 76.0% |
| Profit (loss) carried forward14 | - | -€0.4m | €0.1m | - | €0.5m | - | - | - | - |
| Investment grants15 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | €0.06m | €0.06m | €0.06m | ▼ 0.4% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.05m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 0.4% |
| Pensions and similar obligations160 | - | - | - | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | ▼ 1.6% |
| Other liabilities and charges164/5 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Deferred taxes168 | - | - | - | €0.04m | €0.02m | €0.003m | - | - | - |
| Amounts payable17/49 | €28.5m | €26.4m | €33.1m | €40.8m | €38.1m | €36.3m | €36.1m | €34.3m | ▼ 5.0% |
| Amounts payable after more than one year17 | €7.1m | €5.4m | €6.4m | €10.7m | €9.4m | €9.7m | €9.8m | €7.7m | ▼ 21.5% |
| Financial debts170/4 | - | - | - | €10.7m | €9.4m | €9.7m | €9.8m | €7.7m | ▼ 21.5% |
| Subordinated loans170 | - | - | - | €1.6m | €1.6m | €2.0m | €1.9m | €1.6m | ▼ 15.8% |
| Leasing and similar obligations172 | - | - | - | €4.1m | €4.4m | €3.6m | €3.9m | €2.7m | ▼ 29.9% |
| Credit institutions173 | - | - | - | €5.0m | €3.4m | €4.0m | €3.4m | €2.7m | ▼ 19.0% |
| Other loans174 | - | - | - | - | - | - | €0.6m | €0.6m | = |
| Amounts payable within one year42/48 | €21.2m | €20.8m | €26.6m | €29.9m | €28.4m | €26.4m | €26.0m | €26.2m | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3.2m | €2.8m | €4.9m | €1.9m | €2.2m | ▲ 18.5% |
| Financial debts43 | - | - | - | €3.8m | €1.9m | €0.1m | €0.4m | €0.1m | ▼ 70.5% |
| Credit institutions430/8 | - | - | - | €3.8m | - | €0.1m | €0.4m | €0.1m | ▼ 70.5% |
| Other loans439 | - | - | - | - | €1.9m | - | - | - | - |
| Trade debts44 | €17.8m | €17.7m | €23.2m | €21.7m | €22.5m | €20.6m | €22.2m | €23.1m | ▲ 4.0% |
| Suppliers440/4 | - | - | - | €21.7m | €22.5m | €20.6m | €22.2m | €23.1m | ▲ 4.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.9m | €1.0m | €0.8m | €0.7m | €0.8m | ▲ 11.8% |
| Taxes450/3 | - | - | - | €0.5m | €0.5m | €0.3m | €0.3m | €0.4m | ▲ 19.3% |
| Remuneration and social security454/9 | - | - | - | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | ▲ 6.3% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.1m | - | €0.8m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | €0.3m | €0.2m | €0.3m | €0.4m | ▲ 15.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.3m | -€0.4m | €0.7m | €2.6m | €0.4m | -€1.4m | -€0.006m | -€2.1m | ▼ 37,927% |
| + Depreciation and write-downs630 | €1.2m | €1.3m | €1.4m | €1.6m | €2.2m | €2.0m | €1.7m | €1.5m | ▼ 15.8% |
| Operating cash flow (approximation) | €3.5m | €0.9m | €2.1m | €4.2m | €2.6m | €0.6m | €1.7m | -€0.7m | - |
| Investment in fixed assets (approximation) | - | -€0.4m | -€2.6m | -€3.7m | -€1.1m | -€5.5m | -€1.8m | -€5.0m | ▼ 170% |
| Change in cash | - | -€2.2m | €2.2m | -€1.9m | €3.1m | -€1.4m | €3.4m | -€0.5m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,423 companies had the same profile as MOVE INTERMODAL has now. Two years later, 96.5% were still going and 1.0% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
96.5%
was still going
2.2%
stopped otherwise
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MOVE INTERMODAL itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for MOVE INTERMODAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 14-09-2026 | 2026-00514567 | |
| 31-12-2024 | full format | 04-07-2025 | 2025-00250296 | |
| 31-12-2023 | full format | 29-07-2024 | 2024-00297587 | |
| 31-12-2022 | full format | 25-07-2023 | 2023-00267414 | |
| 31-12-2021 | full format | 27-07-2022 | 2022-20229409 | |
| 31-12-2020 | full format | 08-07-2021 | 2021-33500078 | |
| 31-12-2019 | full format | 17-07-2020 | 2020-32500362 | |
| 31-12-2018 | full format | 02-07-2019 | 2019-27800185 | |
| 31-12-2017 | full format | 09-07-2018 | 2018-32800578 | |
| 31-12-2017 | consolidated | 09-07-2018 | 2018-32800524 |
Board & ownership
Directors
Directors
3 directors, last change in 2024
Board 3
Fips&Da BV
Current
Director · since 15-01-2024 · Legal entity · permanent representative: Joris Brouwers · listed in the 2025 annual accounts, filed on 14-09-2026
Kovacon CommV
Current
Director · since 15-01-2024 · Legal entity · permanent representative: Koen Vandepitte · listed in the 2025 annual accounts, filed on 14-09-2026
Luc Driessen
Current
Director · since 15-01-2024 · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 14-09-2026
Permanent representatives 2
Joris Brouwers
Current
Permanent representative · appointed in the act of 22-03-2024 · for Fips&Da BV
Koen Vandepitte
Current
Permanent representative · appointed in the act of 22-03-2024 · for Kovacon CommV
Statutory auditor 1
BDO Bedrijfsrevisoren bv
Current
Statutory auditor · current term since 30-06-2025 · permanent representative: Gert Maris · listed in the 2025 annual accounts, filed on 14-09-2026
Owners and capital
Shareholders
2 ownersChain of control
- PETER CROONEN
- Move Sustainable Freight Solutions
- MOVE INTERMODAL GROUP
- MOVE INTERMODAL
Owners 2
- MOVE INTERMODAL GROUPparentEquity €7.0m Loss of €99,996 in 2025 (profit of €0 in 2024) Checked score 92100%
- Sourceown accounts 2025Equity €11.2m Loss of €1.1m in 2025 (loss of €1.0m in 2024) Checked score 84100%
Capital transactions
Capital over time
- 25-03-2024 Capital stated in the deed · €2,000,000 · 20,000 shares
Mandate history
10 people, 4 in office
- Board
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Fips&Da BV |
|
| Kovacon CommV |
|
| Luc Driessen |
|
| BDO Bedrijfsrevisoren bv |
|
| 4N BV |
|
| 4N BV |
|
| Cornelis Winters |
|
| Laurebus bv |
|
| Move Intermodal Group nv |
|
| Peter Croonen BV |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Schriftelijk uiterlijk vijf dagen voor vergadering, zetel bij gebrek aan aanwijzing in oproepingsbrief”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle verrichtingen vermeld in wet, gewone meerderheid anders besluit algemene vergadering”
Articles of association, deed of 25-03-2024 (in Dutch)
Network & group
Part of the group
PETER CROONEN
10 companies
Group, risk and exposure
Holdings and subsidiaries
13 holdings · 13 subsidiaries, including indirect onesHoldings 13
Source for every holding own accounts 2025
- Itineris SROSKsubsidiaryEquity -€115,425Result -€9,270100%
- Move Intermodal BVNLsubsidiaryEquity €114,696Result €36,733100%
- Move Intermodal GmbHDEsubsidiaryEquity €124,748Result €5,453100%
- Move Intermodal Iberia SLESsubsidiaryEquity €18,429Result €8,439100%
- Move Intermodal RomaniaROsubsidiaryEquity -RON 387,785Result RON 33,463100%
- Move Intermodal Spolka Z OgraniczonaPLsubsidiaryEquity PLN 166,238Result PLN 102,491100%
- Move Intermodal SRLITsubsidiaryEquity €1.8mResult -€770,477100%
- Remacon SACHsubsidiaryEquity CHF 1.8mResult CHF 417100%
- Van Dijk Beheer VenrayNLsubsidiaryEquity €689,606Result €359,055100%
- Mermans HoldingsubsidiaryEquity -€88,470 Loss of €2,200 in 2025 (loss of €2,154 in 2024) Checked score 5360%
Show 3 more holdings
- CONTAINER TRUCKING INTERMODALsubsidiaryEquity -€460,413 Loss of €156,349 in 2025 (loss of €245,576 in 2024) Checked score 4751%
- Move Intermodal Lojistik ASTRsubsidiaryEquity -TRY 44.7mResult -TRY 21.4m51%
- Rail Terminal Chemelot BVNLEquity €1.9mResult -€549,22722.57%
All subsidiaries, including indirect ones 13
MOVE INTERMODAL or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
- Itineris SROSK 100%
- Move Intermodal BVNL 100%
- Move Intermodal GmbHDE 100%
- Move Intermodal Iberia SLES 100%
- Move Intermodal RomaniaRO 100%
- Move Intermodal Spolka Z OgraniczonaPL 100%
- Move Intermodal SRLIT 100%
- Remacon SACH 100%
- Van Dijk Beheer VenrayNL 100%
Mermans Holding 60%1 subsidiary
- INTERVERVOER MERMANS 100%
- CONTAINER TRUCKING INTERMODAL 51%
- Move Intermodal Lojistik ASTR 51%
Companies at the same address
5 other companies- Van Dijk Logistics Belgium Registered office · since 2025 1022837581
- CONTAINER TRUCKING INTERMODAL Registered office · since 2013 0502570955
- Move Sustainable Freight Solutions Registered office · since 2006 0883603385
- MOVE INTERMODAL GROUP Registered office · since 2006 0879712103
- Genk Cargo Connect Registered office · since 1936 0401350564
Connections & network
3 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
14-09
full format · 45 days late
2025
31-12
Financial
Weakest financial yearnet -€2.1m
The net result drops to -€2.1m, the lowest from 2018 to 2025.
04-07
full format · 27 days before the deadline
2024
29-07
full format · 2 days before the deadline
16-04
Gazette deed
Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Gert Maris3 points ▸
Gazette deed
Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Gert Maris3 points ▸
- General meeting, 29-11-2022
- Auditor reappointment, BDO Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Gert Maris
25-03
Gazette deed
Capital & shares · Amendment of the articlesCapital · Registered office clause6 points ▸
Gazette deed
Capital & shares · Amendment of the articles
Capital · Registered office clause6 points ▸
- General meeting, 14-03-2024, mentioned 3 times in the deed
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan bepalingen WVV” (deed in Dutch)
- Other provision, “aanneming volledig nieuwe statuten, in overeenstemming met het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “vaststelling tekst nieuwe statuten, tekst van de nieuwe statuten luidt als volgt” (deed in Dutch)
- Capital, €2,000,000
- Registered office clause, “Kolenhavenstraat 6 bus 21,3600 Genk, VIJFDE EN LAATSTE BESLUIT” (deed in Dutch)
22-03
Gazette deed
4 directors appointed, 4 directors resigningResignations: Cornelis Winters, Laurebus BV and 2 others · Permanent representatives: Luc Driessen, Peter Croonen and 3 others · Appointments: Luc Driessen, Kovacon CommV and 2 others14 points ▸
Gazette deed
4 directors appointed, 4 directors resigning
Resignations: Cornelis Winters, Laurebus BV and 2 others · Permanent representatives: Luc Driessen, Peter Croonen and 3 others · Appointments: Luc Driessen, Kovacon CommV and 2 others14 points ▸
- General meeting, 15-01-2024
- Director resignation, Cornelis Winters (director)
- Director resignation, Laurebus BV (director)
- Director resignation, Peter Croonen BV (director)
- Director resignation, Move Intermodal Group NV (director)
- Permanent representative, Luc Driessen, mentioned 2 times in the deed
- Permanent representative, Peter Croonen
- Director appointment, Luc Driessen (director)
- Director appointment, Kovacon CommV (director)
- Director appointment, FIPS&DA BV (director)
- Director appointment, 4N BV (director)
- Permanent representative, Koen Vandepitte
- The act holds 2 more points.
2023
25-07
full format · 6 days before the deadline
2022
27-07
full format · 4 days before the deadline
2021
31-12
Financial
Highest result from 2018 to 2025net €2.6m ▲259%
The operating result of €2.3m and the net result of €2.6m are both a record.
31-12
Financial
Equity above €5mequity €6.1m ▲62.6%
After 2 profitable years in a row, equity reaches €6.1m.
08-07
full format · 23 days before the deadline
Show earlier events
2020
31-12
Financial
Back to profitnet €722,503
The net result is €722,503, after one loss-making year.
17-07
full format · 14 days before the deadline
2019
02-07
full format · 29 days before the deadline
2018
2011
31-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MOVE INTERMODAL in Dutch
Enterprise number
0836.403.977
LEI code
549300XH7DTRQR41G728
no longer live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
14-05-2011
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-03-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Move Intermodal
deed of 25-03-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…”
deed of 25-03-2024 (in Dutch)Registered office and establishments
Registered office
Kolenhavenstraat 6, 3600 Genk, Belgium
Establishment unit
EWALS INTERMODAL NV, Kolenhavenstraat 6, 3600 Genk since 19-05-2011 · unit number 2.199.032.956
Activities
NACEBEL 2025VAT activities
49200
Land transport and transport via pipelines main activity
70200
Business and other management consultancy
Social security (RSZ) activities
52250
Logistics services main activity
Codes under NACEBEL 2008
VAT activities
49200
Land transport and transport via pipelines main activity
70220
Business consulting
Social security (RSZ) activities
52290
Warehousing and support activities for transportation main activity
Joint committees
140 Paritair Comité voor het vervoer en de logistiek
226 Paritair Comité voor de bedienden uit de internationale handel, het vervoer en de logistiek annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-03-2024 (in Dutch)
“Het uitoefenen van transport- en expeditiebedrijf, zulks in de ruimste zin; Het maken van alle studies en onderzoeken, het verrichten van…”
8 activities
- Het uitoefenen van transport- en expeditiebedrijf, zulks in de ruimste zin;
- Het maken van alle studies en onderzoeken, het verrichten van marktonderzoek, promotie, raadgeving, prospectie, marketing, technoconsult, inzake transport en expeditie;
- Het onderzoek naar nieuwe structuren en/of technieken toepasbaar in de transport en expeditie;
- Het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse bestaande of nog op te richten vennootschappen;
- Het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering;
- Het toestaan van leningen of kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm. In dit kader kan zij zich ook borgstellen of haar oval verlenen, in de meest ruime zin, in alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatie-ondernemingen;
- Het waarnemen van alle bestuursopdrachten, het uitoefenen van mandaten en functies in andere vennootschappen;
- Alle verrichtingen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen;
Invoicing and payment
VAT number
BE 0836.403.977
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenkunit number 2.199.032.956
Environmental permits
2 applications in Flanders since 2019 · 2 granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
9,475 m²
Building footprint
410 m²
Building volume
4,890 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71305F0952/00D000 | Flanders | 9,475 m² | 1 · 410 m² | 14.2 m · 4 |