MOVECA
ActiveMOVECA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €267k and a net result of €-182k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-17
Solvency33▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity tight (current ratio 1.3 against 2.22 in 2024; short-term debt: 75.2% and cash: 0.1% of total assets), and 92% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d late
2023
40 d early
2022
4 d early
2021
24 d early
2020
33 d early
2019
58 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€267k▼ 40.5%
2024 · €448k
2018: €19k
2019: €38k
2020: €-113k
2021: €269k
2022: €394k
2023: €399k
2024: €448k
2018 → 2025
Total assets
€3.33M▲ 54.1%
2024 · €2.16M
2018: €451k
2019: €708k
2020: €1.28M
2021: €1.23M
2022: €4.28M
2023: €3.83M
2024: €2.16M
2018 → 2025
Net result
€-182k
2024 · €49k
2018: €5k
2019: €19k
2020: €-152k
2021: €-43k
2022: €125k
2023: €5k
2024: €49k
2018 → 2025
Working capital
€763k▼ 33.1%
2024 · €1.14M
2018: €-10k
2019: €-414
2020: €-127k
2021: €248k
2022: €2.07M
2023: €2.10M
2024: €1.14M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€269k-€394k▲ 46.6%€399k▲ 1.3%€448k▲ 12.2%€267k▼ 40.5%
Operating result€726-€114k▲ 15,654%€-128k€194k€-104k
Net result€-43k-€125k€5k▼ 96.0%€49k▲ 861%€-182k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €104k after €194k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.33M
Fixed assets
€63k▼ 25.6%
Current assets
€3.27M▲ 57.3%
Equity and liabilities €3.33M
Equity
€267k▼ 40.5%
Debt
€3.07M▲ 78.8%
The debt ratio rises from 79.3% to 92.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-79k▼
2024 · €209k
Cash flow
€-156k▼
2024 · €64k
Solvency
8.0%▼
2024 · 20.7%
Current ratio
1.30▼
2024 · 2.22
Quick ratio
0.44▲
2024 · 0.36
Debt / equity
11.51▲
2024 · 3.83
ROE
-68.2%▼
2024 · 10.9%
ROA
-5.5%▼
2024 · 2.3%
Interest coverage
-0.89▼
2024 · 0.83
Debt
€3.07M▲
2024 · €1.72M
Debt ≤ 1 year
€2.51M▲
2024 · €938k
Debt > 1 year
€550k▼
2024 · €778k
Income taxes
€2k▼
2024 · €30k
Staff costs
€49k▲
2024 · €16k
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€2.16M€3.33M▲
Fixed assets21/28€84k€63k▼
Tangible fixed assets22/27€84k€63k▼
Furniture and vehicles24€53k€38k▼
Leasing and similar rights25€23k€18k▼
Other tangible fixed assets26€9k€7k▼
Current assets29/58€2.08M€3.27M▲
Amounts receivable after more than one year29€207k€207k=
Other amounts receivable291€207k€207k=
Stocks and contracts in progress3€1.74M€2.17M▲
Stocks30/36€1.74M€2.17M▲
Amounts receivable within one year40/41€67k€879k▲
Trade receivables40€47k€801k▲
Other amounts receivable41€19k€78k▲
Cash at bank and in hand54/58€60k€3k▼
Deferred charges and accrued income490/1€2k€14k▲
Equity and liabilities
Total equity and liabilities10/49€2.16M€3.33M▲
Equity10/15€448k€267k▼
Contributions10/11€444k€444k=
Reserves13€993€0▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€993€0▼
Profit (loss) carried forward14€4k€-177k▼
Amounts payable17/49€1.72M€3.07M▲
Amounts payable after more than one year17€778k€550k▼
Financial debts170/4€778k€550k▼
Amounts payable within one year42/48€938k€2.51M▲
Current portion of amounts payable after more than one year42-€980k
Financial debts43€780k€1.10M▲
Credit institutions430/8€780k€1.10M▲
Trade debts44€100k€224k▲
Suppliers440/4€100k€224k▲
Taxes, remuneration and social security45€39k€87k▲
Taxes450/3€37k€81k▲
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€19k€114k▲
Accrued charges and deferred income492/3€0€10k▲
Income statement
Code20242025
Non-recurring operating income76A€20€0▼
Remuneration, social security and pensions62€16k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€26k▲
Other operating charges640/8€14k€53k▲
Gross operating margin9900€240k€23k▼
Operating profit (loss)9901€194k€-104k▼
Financial income75/76B€136k€13k▼
Recurring financial income75€136k€13k▼
Financial charges65/66B€251k€88k▼
Recurring financial charges65€251k€88k▼
Profit (loss) for the period before taxes9903€78k€-179k▼
Income taxes67/77€30k€2k▼
Profit (loss) for the period9904€49k€-182k▼
Profit (loss) for the period to be appropriated9905€49k€-182k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-178k▼
Profit (loss) brought forward from the previous period14P€-45k€4k▲
Transfer from equity791/2-€993
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-182k ▼473%
Net result drops to €-182k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €125k
Net result €125k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €269k
Equity rises from €-113k to €269k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Knokke-Heist · 1 establishment unit since 2015
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.
Bayauxlaan 648300 Knokke-HeistGround area
387 m²
Building footprint
72 m²
Volume, LiDAR
473 m³
Parcel 31013A0193/00D000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOVECA
since 20152.248.309.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0193/00D000 | Flanders | 387 m² | 1 · 72 m² | 9.6 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
UCR IMMO
BE 0789.388.275
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MOLI INVEST
BE 0674.584.223
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IMMOBILIËN BAUTERS
BE 0451.687.824
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GEVACO IMMO
BE 0553.546.534
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Notariële bestuursvennootschap JOJET
BE 0701.678.697
Brasschaat · Eq €266k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.