MOVENDI
ActiveSummary
MOVENDI has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.94M and a net result of €683k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 73% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability93▲+12
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 5.62 against 4.54 in 2024; short-term debt: 17% and cash: 28.5% of total assets), and 17.5% of the assets are financed with debt.
Credit check 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.5%
Return on assets
19.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
14 d early
2023
34 d early
2022
31 d early
2021
30 d early
2020
10 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.94M▲ 18.3%
2024 · €2.49M
2018: €2.67M
2019: €2.88M▲ +8.0% vs 2018
2020: €3.08M▲ +7.0% vs 2019
2021: €3.22M▲ +4.5% vs 2020
2022: €2.91M▼ -9.7% vs 2021
2023: €3.58M▲ +23.1% vs 2022highest in 8 years
2024: €2.49M▼ -30.6% vs 2023lowest in 8 years
2025: €2.94M▲ +18.3% vs 2024
2018 → 2025
Total assets
€3.57M▲ 12.8%
2024 · €3.16M
2018: €3.97M
2019: €4.14M▲ +4.4% vs 2018
2020: €4.49M▲ +8.5% vs 2019highest in 8 years
2021: €4.39M▼ -2.2% vs 2020
2022: €3.77M▼ -14.2% vs 2021
2023: €4.17M▲ +10.6% vs 2022
2024: €3.16M▼ -24.2% vs 2023lowest in 8 years
2025: €3.57M▲ +12.8% vs 2024
2018 → 2025
Net result
€683k▲ 119%
2024 · €311k
2018: €341k
2019: €214k▼ -37.3% vs 2018
2020: €201k▼ -6.1% vs 2019
2021: €137k▼ -31.5% vs 2020lowest in 8 years
2022: €269k▲ +95.4% vs 2021
2023: €672k▲ +150% vs 2022
2024: €311k▼ -53.7% vs 2023
2025: €683k▲ +119% vs 2024highest in 8 years
2018 → 2025
Working capital
€2.79M▲ 61.4%
2024 · €1.73M
2018: €973klowest in 8 years
2019: €1.48M▲ +51.8% vs 2018
2020: €2.03M▲ +37.3% vs 2019
2021: €2.14M▲ +5.5% vs 2020
2022: €1.58M▼ -25.9% vs 2021
2023: €3.00M▲ +89.2% vs 2022highest in 8 years
2024: €1.73M▼ -42.3% vs 2023
2025: €2.79M▲ +61.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.22M-€2.91M▼ 9.7%€3.58M▲ 23.1%€2.49M▼ 30.6%€2.94M▲ 18.3%
2021: €3.22M
2022: €2.91M▼ -9.7% vs 2021
2023: €3.58M▲ +23.1% vs 2022highest in 5 years
2024: €2.49M▼ -30.6% vs 2023lowest in 5 years
2025: €2.94M▲ +18.3% vs 2024
Operating result€155k-€322k▲ 108%€946k▲ 194%€382k▼ 59.7%€847k▲ 122%
2021: €155klowest in 5 years
2022: €322k▲ +108% vs 2021
2023: €946k▲ +194% vs 2022highest in 5 years
2024: €382k▼ -59.7% vs 2023
2025: €847k▲ +122% vs 2024
Net result€137k-€269k▲ 95.4%€672k▲ 150%€311k▼ 53.7%€683k▲ 119%
2021: €137klowest in 5 years
2022: €269k▲ +95.4% vs 2021
2023: €672k▲ +150% vs 2022
2024: €311k▼ -53.7% vs 2023
2025: €683k▲ +119% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 122% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.57M
Fixed assets
€171k ▼ 81.9%
Current assets
€3.39M ▲ 53.1%
Equity and liabilities €3.57M
Equity
€2.94M ▲ 18.3%
Debt
€625k ▼ 7.4%
Debt's share of the balance-sheet total falls from 21.3% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€848k▲
2024 · €420k
Cash flow
€684k▲
2024 · €349k
Current ratio
5.62▲
2024 · 4.54
Debt to equity
0.21▼
2024 · 0.27
ROE
23.2%▲
2024 · 12.5%
ROA
19.1%▲
2024 · 9.8%
Interest coverage
6.75▼
2024 · 8.83
Debt ≤ 1 year
€604k▲
2024 · €488k
Income taxes
€351k▲
2024 · €290k
Staff costs
€33k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.16M€3.57M▲
Fixed assets21/28€943k€171k▼
Tangible fixed assets22/27€908k€136k▼
Land and buildings22€775k-
Plant, machinery and equipment23€132k€131k▼
Furniture and vehicles24€1k€4k▲
Financial fixed assets28€35k€35k=
Current assets29/58€2.22M€3.39M▲
Amounts receivable within one year40/41€111k€91k▼
Trade receivables40€111k€91k▼
Current investments50/53€1.34M€2.27M▲
Cash at bank and in hand54/58€745k€1.02M▲
Deferred charges and accrued income490/1€22k€16k▼
Equity and liabilities
Total equity and liabilities10/49€3.16M€3.57M▲
Equity10/15€2.49M€2.94M▲
Contributions10/11€224k€224k=
Reserves13€2.26M€2.72M▲
Distributable reserves133€2.26M€2.72M▲
Amounts payable17/49€675k€625k▼
Amounts payable after more than one year17€135k-
Financial debts170/4€135k-
Amounts payable within one year42/48€488k€604k▲
Current portion of amounts payable after more than one year42€132k-
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€21k€50k▲
Taxes450/3€17k€44k▲
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€325k€551k▲
Accrued charges and deferred income492/3€52k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€30k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€1k▼
Other operating charges640/8€11k€8k▼
Gross operating margin9900€460k€889k▲
Operating profit (loss)9901€382k€847k▲
Financial income75/76B€169k€312k▲
Recurring financial income75€169k€312k▲
Financial charges65/66B€48k€126k▲
Recurring financial charges65€48k€126k▲
Profit (loss) for the period before taxes9903€503k€1.03M▲
Transfer from deferred taxes780€98k-
Income taxes67/77€290k€351k▲
Profit (loss) for the period9904€311k€683k▲
Transfer from tax-exempt reserves789€293k-
Profit (loss) for the period to be appropriated9905€604k€683k▲
Appropriation of the result
Profit (loss) to be appropriated9906€604k€683k▲
Transfer from equity791/2€437k€228k▼
Transfer to equity691/2€604k€683k▲
To other reserves6921€604k€683k▲
Profit to be distributed694/7€437k€228k▼
Return on contributions (dividend)694€437k€228k▼
Social balance
Average headcount (FTE)90870.50.5=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €22k | €26k | €27k | €30k | €33k | ▲ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €134k | €96k | €36k | €38k | €1k | ▼ 97.3% |
| Other operating charges640/8 | €15k | €16k | €17k | €11k | €8k | ▼ 23.5% |
| Gross operating margin9900 | €326k | €459k | €1.03M | €460k | €889k | ▲ 93.2% |
| Operating profit (loss)9901 | €155k | €322k | €946k | €382k | €847k | ▲ 122% |
| Financial income75/76B | €144k | €148k | €29k | €169k | €312k | ▲ 84.2% |
| Recurring financial income75 | €144k | €148k | €29k | €169k | €312k | ▲ 84.2% |
| Financial charges65/66B | €91k | €60k | €36k | €48k | €126k | ▲ 164% |
| Recurring financial charges65 | €91k | €60k | €36k | €48k | €126k | ▲ 164% |
| Profit (loss) for the period before taxes9903 | €208k | €410k | €938k | €503k | €1.03M | ▲ 105% |
| Transfer from deferred taxes780 | €6k | €19k | €232 | €98k | - | - |
| Transfer to deferred taxes680 | - | - | €98k | - | - | - |
| Income taxes67/77 | €76k | €160k | €168k | €290k | €351k | ▲ 21.0% |
| Profit (loss) for the period9904 | €137k | €269k | €672k | €311k | €683k | ▲ 119% |
| Transfer from tax-exempt reserves789 | €14k | €54k | €465 | €293k | - | - |
| Transfer to tax-exempt reserves689 | - | - | €293k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €151k | €322k | €380k | €604k | €683k | ▲ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.39M | €3.77M | €4.17M | €3.16M | €3.57M | ▲ 12.8% |
| Fixed assets21/28 | €2.05M | €1.95M | €981k | €943k | €171k | ▼ 81.9% |
| Tangible fixed assets22/27 | €2.02M | €1.92M | €946k | €908k | €136k | ▼ 85.1% |
| Land and buildings22 | €1.87M | €1.79M | €812k | €775k | - | - |
| Plant, machinery and equipment23 | €137k | €130k | €132k | €132k | €131k | ▼ 0.3% |
| Furniture and vehicles24 | €12k | - | €1k | €1k | €4k | ▲ 266% |
| Financial fixed assets28 | €35k | €35k | €35k | €35k | €35k | = |
| Current assets29/58 | €2.34M | €1.81M | €3.19M | €2.22M | €3.39M | ▲ 53.1% |
| Amounts receivable after more than one year29 | €500k | - | €300k | - | - | - |
| Other amounts receivable291 | €500k | - | €300k | - | - | - |
| Amounts receivable within one year40/41 | €139k | €142k | €142k | €111k | €91k | ▼ 17.7% |
| Trade receivables40 | €113k | €142k | €142k | €111k | €91k | ▼ 17.7% |
| Other amounts receivable41 | €26k | - | - | - | - | - |
| Current investments50/53 | €1.06M | €723k | €913k | €1.34M | €2.27M | ▲ 69.5% |
| Cash at bank and in hand54/58 | €638k | €933k | €1.81M | €745k | €1.02M | ▲ 36.5% |
| Deferred charges and accrued income490/1 | €7k | €15k | €25k | €22k | €16k | ▼ 26.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.39M | €3.77M | €4.17M | €3.16M | €3.57M | ▲ 12.8% |
| Equity10/15 | €3.22M | €2.91M | €3.58M | €2.49M | €2.94M | ▲ 18.3% |
| Contributions10/11 | €1.19M | €1.19M | €1.19M | €224k | €224k | = |
| Reserves13 | €2.03M | €1.71M | €2.39M | €2.26M | €2.72M | ▲ 20.1% |
| Tax-exempt reserves132 | €54k | €423 | €293k | - | - | - |
| Distributable reserves133 | €1.97M | €1.71M | €2.09M | €2.26M | €2.72M | ▲ 20.1% |
| Provisions and deferred taxes16 | €19k | €218 | €98k | - | - | - |
| Deferred taxes168 | €19k | €218 | €98k | - | - | - |
| Amounts payable17/49 | €1.15M | €859k | €488k | €675k | €625k | ▼ 7.4% |
| Amounts payable after more than one year17 | €920k | €594k | €267k | €135k | - | - |
| Financial debts170/4 | €780k | €594k | €267k | €135k | - | - |
| Other amounts payable178/9 | €140k | - | - | - | - | - |
| Amounts payable within one year42/48 | €204k | €229k | €188k | €488k | €604k | ▲ 23.8% |
| Current portion of amounts payable after more than one year42 | €185k | €186k | €140k | €132k | - | - |
| Trade debts44 | €989 | €15k | €14k | €9k | €3k | ▼ 63.1% |
| Suppliers440/4 | €989 | €15k | €14k | €9k | €3k | ▼ 63.1% |
| Taxes, remuneration and social security45 | €5k | €20k | €22k | €21k | €50k | ▲ 136% |
| Taxes450/3 | €2k | €17k | €18k | €17k | €44k | ▲ 156% |
| Remuneration and social security454/9 | €4k | €3k | €4k | €4k | €6k | ▲ 47.8% |
| Other amounts payable47/48 | €13k | €8k | €11k | €325k | €551k | ▲ 69.4% |
| Accrued charges and deferred income492/3 | €30k | €37k | €33k | €52k | €20k | ▼ 60.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €137k | €269k | €672k | €311k | €683k | ▲ 119% |
| + Depreciation and write-downs630 | €134k | €96k | €36k | €38k | €1k | ▼ 97.3% |
| Operating cash flow (approximation) | €272k | €365k | €709k | €349k | €684k | ▲ 95.8% |
| Investment in fixed assets (approximation) | - | €0 | €938k | €0 | €771k | - |
| Change in cash | - | €294k | €873k | €-1.06M | €272k | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €683k ▲119%
Net result €683k, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 16.98
Current ratio from 7.92 to 16.98; short-term debt falls from €229k to €188k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €137k ▼31.5%
Net result drops to €137k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 5.99
Current ratio from 2.99 to 5.99; short-term debt falls from €489k to €296k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Hasselt · 1 establishment unit since 1997
Ground area
2,893 m²
Building footprint
318 m²
Volume, LiDAR
2,007 m³
Parcel 71324E0715/00C003, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Dr. B.Smeets
since 19972.188.551.513
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0715/00C003 | Flanders | 2,893 m² | 1 · 318 m² | 11.2 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900Y1C2CWLLG1RQ72
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 3,741 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-1997
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.