MOVETHERM
ActiveSummary
MOVETHERM has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289,368 and a net result of €24,005. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 85% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-02-1988 Normal situation
- Activity
- Wholesale of non-electrical household articles NACE 46494and 3 others
- Establishment unit
- 2.036.861.230 8900 Ieper, since 06-04-1988
- Financial year end
- 30 June
- Peppol
- Reachable
Board and ownership
- Kristof MortierManaging director
- Anja VanhoornewederDirector
- René MortierDirector
- MORTIER en VERMEERSCH64.86%· score 942023 annual accounts of MORTIER en VERMEERSCH
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €66,733
- ▼ 9.9%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €24,005
- ▼ 41.5%
- Equity
- €289,368
- ▲ 9.0%
- Total assets
- €344,950
- ▲ 0.5%
Score breakdownlowers riskFounded in 1988Liquidity: current ratio 3.39, cash €56,932Equity €289,368 (83.9% of total assets)Figures for financial year 2025 (filed on 16-12-2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 76% on liquidity, 68% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointments: Anja Vanhoorneweder, René Mortier and Kristof MortierResignations: Gerda Vermeersch (director) and Jaak Mortier (managing director)
- · Gazette deed Resignation: Mortier en Vermeersch BV (director)Reappointments: Jaak Mortier, Gerda Vermeersch and Kristof Mortier · Appointment: Jaak Mortier (managing director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as MOVETHERM: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €269,000 and €538,000, founded between 1986 and 1991.
| Company | Total assets | Gross margin |
|---|---|---|
| MOVETHERM Ieper | €344,950 | €66,733 |
| DECRU Izegem | €500,630 | €66,297 |
| DANYLUX KORTRIJK Kortrijk | €269,124 | €49,504 |
| ELIOL Court-Saint-Etienne | €410,090 | €61,241 |
| DIFFERENCE Nivelles | €383,345 | €92,143 |
| Horecare Nazareth-De Pinte | €451,158 | €86,416 |
| DOMUS PLUS Roeselare | €537,975 | €41,255 |
Key facts about MOVETHERM
- What is the company number of MOVETHERM?
- The company number of MOVETHERM is 0433.561.690. The VAT number is the same number with BE in front: BE 0433.561.690.
- Where is MOVETHERM based?
- The registered office is at Paddevijverstraat 56, 8900 Ieper.Company details
- What does MOVETHERM do?
- According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
- What is the legal form of MOVETHERM?
- The legal form of MOVETHERM is Public limited company (NV).
- When was MOVETHERM founded?
- MOVETHERM was founded on 23-02-1988.
- Is MOVETHERM still active?
- Yes, MOVETHERM is an active enterprise in the KBO register.
- What is the turnover of MOVETHERM?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €66,733 and 33 comparable companies (NACE 464). It probably lies between €140,000 and €360,000.Financials
- Is MOVETHERM profitable?
- In financial year 2025, MOVETHERM made a profit of €24,005.
- Where can I find the annual accounts of MOVETHERM?
- MOVETHERM filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MOVETHERM due?
- MOVETHERM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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