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MOVEHAND

Active
Private limited companyfounded 20242 yrs activeHoornstraat 122, 1040 Etterbeek, BelgiumKBO/BCE: BE 1011.431.866
Summary

The computed 12-month bankruptcy probability of MOVEHAND is 5.6% (elevated). The 2024 annual accounts show equity of €33,465 and a net result of €30,465. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency90
Growth-
Track record67
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.83; short-term debt: 34.9% and cash: 98.6% of total assets), and 34.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

MOVEHAND was incorporated on 10 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,465
Total assets
€51,379
Net result
€30,465
Working capital
€32,761

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

Balance-sheet composition
Equity and liabilities €51,379
Equity €33,465
Debt €17,914
Debt finances 34.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€38,637
Cash flow
€30,971
Current ratio
2.83
Debt to equity
0.54
ROE
91.0%
ROA
59.3%
Debt ≤ 1 year
€17,914
Income taxes
€7,666

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 23 lines
Balance sheet Code2024
Assets
Total assets20/58€51,379
Formation expenses20€704
Current assets29/58€50,675
Cash at bank and in hand54/58€50,675
Equity and liabilities
Total equity and liabilities10/49€51,379
Equity10/15€33,465
Contributions10/11€3,000
Profit (loss) carried forward14€30,465
Amounts payable17/49€17,914
Amounts payable within one year42/48€17,914
Trade debts44€2,420
Suppliers440/4€2,420
Taxes, remuneration and social security45€7,666
Taxes450/3€7,666
Other amounts payable47/48€7,828
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€506
Gross operating margin9900€38,637
Operating profit (loss)9901€38,132
Profit (loss) for the period before taxes9903€38,132
Income taxes67/77€7,666
Profit (loss) for the period9904€30,465
Profit (loss) for the period to be appropriated9905€30,465
Appropriation of the result
Profit (loss) to be appropriated9906€30,465

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€506
Gross operating margin9900€38,637
Operating profit (loss)9901€38,132
Profit (loss) for the period before taxes9903€38,132
Income taxes67/77€7,666
Profit (loss) for the period9904€30,465
Profit (loss) for the period to be appropriated9905€30,465
Line2024
Assets
Total assets20/58€51,379
Formation expenses20€704
Current assets29/58€50,675
Cash at bank and in hand54/58€50,675
Equity and liabilities
Total equity and liabilities10/49€51,379
Equity10/15€33,465
Contributions10/11€3,000
Profit (loss) carried forward14€30,465
Amounts payable17/49€17,914
Amounts payable within one year42/48€17,914
Trade debts44€2,420
Suppliers440/4€2,420
Taxes, remuneration and social security45€7,666
Taxes450/3€7,666
Other amounts payable47/48€7,828
Line2024
Profit (loss) for the period9904€30,465
+ Depreciation and write-downs630€506
Operating cash flow (approximation)€30,971

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Etterbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
86 m²
Building footprint
72 m²
Volume, LiDAR
746 m³
Parcel 21005A0416/00E006, Brussels · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MOVEHAND
Hoornstraat 122, 1040 EtterbeekHuman health activities
since 20242.361.693.642
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0416/00E006 Brussels 86 m² 1 · 72 m² 17.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-07-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011431866
Registered 10-12-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.