MOVE MANIA
InactiveMOVE MANIA was declared bankrupt on 19-05-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 05-10-2023, published in the Belgian State Gazette on 20-10-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 18-10-2021, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
13 d early
2020
2 d late
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€-179k▼ 13.0%
2020 · €-159k
2019: €-129k
2020: €-159k
2019 → 2021
Total assets
€29k▼ 22.8%
2020 · €38k
2019: €41k
2020: €38k
2019 → 2021
Net result
€-21k▲ 30.4%
2020 · €-30k
2019: €43k
2020: €-30k
2019 → 2021
Working capital
€-91k▲ 3.7%
2020 · €-95k
2019: €-155k
2020: €-95k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-129k-€-159k▼ 22.9%€-179k▼ 13.0%
Operating result€51k-€-27k€-18k▲ 33.6%
Net result€43k-€-30k€-21k▲ 30.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2021 against €27k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €29k
Fixed assets
€21k▼ 21.9%
Current assets
€8k▼ 24.8%
Key figures and ratios
EBITDA
€-10k▲
2020 · €-11k
Cash flow
€-13k▲
2020 · €-14k
Solvency
-609.3%▼
2020 · -416.5%
Current ratio
0.08▼
2020 · 0.11
Quick ratio
0.08▼
2020 · 0.11
Debt / equity
-0.39▲
2020 · -0.47
ROA
-69.9%▲
2020 · -77.5%
Debt
€209k▲
2020 · €197k
Debt ≤ 1 year
€100k▼
2020 · €106k
Debt > 1 year
€71k▼
2020 · €75k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€38k€29k▼
Fixed assets21/28€27k€21k▼
Tangible fixed assets22/27€26k€21k▼
Financial fixed assets28€600-
Current assets29/58€11k€8k▼
Amounts receivable within one year40/41€9k€5k▼
Cash at bank and in hand54/58€85€134▲
Equity and liabilities
Total equity and liabilities10/49€38k€29k▼
Equity10/15€-159k€-179k▼
Profit (loss) carried forward14€-233k€-254k▼
Amounts payable17/49€197k€209k▲
Amounts payable after more than one year17€75k€71k▼
Amounts payable within one year42/48€106k€100k▼
Trade debts44€25k€23k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€8k▼
Gross operating margin9900€31k€-3k▼
Operating profit (loss)9901€-27k€-18k▲
Recurring financial income75€15€8▼
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-30k€-21k▲
Profit (loss) for the period9904€-30k€-21k▲
Profit (loss) for the period to be appropriated9905€-30k€-21k▲
Timeline · acts, filings and financial milestones
2023
20-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · MOVE MANIA BVBA DIESTSESTEENWEG 143/2/1, 3202 RILLAAR · event 05-10-2023
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · MOVE MANIA BVBA DIESTSE- STEENWEG 143/2/1, 3202 RILLAAR · event 19-05-2022
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
31-03
Financial
Weakest financial yearnet €-30k ▼168%
Net result drops to €-30k, the lowest in the series.
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
29-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2012
23-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
19-05-2022 → present |
| Curator | THOMAS
VANDENDRIES STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
19-05-2022 → present |