MOVETHERM
ActiveMOVETHERM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €24k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.39 against 2.0 in 2024; short-term debt: 6% and cash: 16.5% of total assets), and 16.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
83.9%
Return on assets
7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
39 d early
2023
41 d early
2022
48 d early
2021
40 d early
2020
4 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€289k▲ 9.0%
2024 · €265k
2019: €143k
2020: €152k
2021: €175k
2022: €192k
2023: €224k
2024: €265k
2019 → 2025
Total assets
€345k▲ 0.5%
2024 · €343k
2019: €481k
2020: €451k
2021: €410k
2022: €374k
2023: €350k
2024: €343k
2019 → 2025
Net result
€24k▼ 41.5%
2024 · €41k
2019: €-49k
2020: €9k
2021: €23k
2022: €16k
2023: €33k
2024: €41k
2019 → 2025
Working capital
€49k▲ 121%
2024 · €22k
2019: €-172k
2020: €-144k
2021: €-102k
2022: €-74k
2023: €-31k
2024: €22k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€192k▲ 9.2%€224k▲ 17.1%€265k▲ 18.3%€289k▲ 9.0%
Operating result€26k-€19k▼ 26.9%€35k▲ 89.4%€45k▲ 26.9%€37k▼ 16.9%
Net result€23k-€16k▼ 29.9%€33k▲ 102%€41k▲ 25.0%€24k▼ 41.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345k
Fixed assets
€275k▼ 8.0%
Current assets
€70k▲ 57.0%
Equity and liabilities €345k
Equity
€289k▲ 9.0%
Debt
€56k▼ 28.8%
The debt ratio falls from 22.7% to 16.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2024 · €67k
Cash flow
€46k▼
2024 · €63k
Solvency
83.9%▲
2024 · 77.3%
Current ratio
3.39▲
2024 · 2.00
Quick ratio
3.39▲
2024 · 2.00
Debt / equity
0.19▼
2024 · 0.29
ROE
8.3%▼
2024 · 15.5%
ROA
7.0%▼
2024 · 11.9%
Interest coverage
15.96▼
2024 · 17.41
Debt
€56k▼
2024 · €78k
Debt ≤ 1 year
€21k▼
2024 · €22k
Debt > 1 year
€35k▼
2024 · €50k
Income taxes
€10k▲
2024 · €66
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€343k€345k▲
Fixed assets21/28€299k€275k▼
Tangible fixed assets22/27€297k€275k▼
Land and buildings22€297k€275k▼
Financial fixed assets28€2k-
Current assets29/58€44k€70k▲
Amounts receivable within one year40/41€42k€11k▼
Trade receivables40€9k€11k▲
Other amounts receivable41€33k-
Cash at bank and in hand54/58€103€57k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€343k€345k▲
Equity10/15€265k€289k▲
Contributions10/11€229k€229k=
Capital10€229k€229k=
Issued capital100€229k€229k=
Reserves13€36k€60k▲
Non-distributable reserves130/1€23k€23k=
Legal reserve130€23k€23k=
Distributable reserves133€13k€37k▲
Amounts payable17/49€78k€56k▼
Amounts payable after more than one year17€50k€35k▼
Financial debts170/4€50k€35k▼
Amounts payable within one year42/48€22k€21k▼
Current portion of amounts payable after more than one year42€15k€15k=
Trade debts44€3k€855▼
Suppliers440/4€3k€855▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48€2k€298▼
Accrued charges and deferred income492/3€6k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k=
Other operating charges640/8€7k€8k▲
Gross operating margin9900€74k€67k▼
Operating profit (loss)9901€45k€37k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€41k€34k▼
Income taxes67/77€66€10k▲
Profit (loss) for the period9904€41k€24k▼
Profit (loss) for the period to be appropriated9905€41k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€24k▲
Profit (loss) brought forward from the previous period14P€-26k-
Transfer to equity691/2€15k€24k▲
To the legal reserve6920€2k-
To other reserves6921€13k€24k▲
The notes to these accounts (9 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
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €41k ▲25%
Operating result €45k, net result €41k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 2.00
Current ratio from 0.48 to 2.00; short-term debt falls from €61k to €22k.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200kEq €224k ▲17.1%
4 profitable years in a row build equity to €224k.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-06
Financial
Equity above €150kEq €152k ▲6.1%
Equity rises from €143k to €152k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ieper · 1 establishment unit since 1988
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.
Paddevijverstraat 568900 IeperGround area
1,817 m²
Building footprint
979 m²
Parcel 33305B1039/00L003, Flanders. Linked by address, not a title deed.
1 establishment unit
MOVETHERM-VERWARMINGCENTER
since 19882.036.861.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1039/00L003 | Flanders | 1,817 m² | 1 · 979 m² | - |
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
DE KOETSGANG
BE 0454.871.602
Antwerpen · Eq €292k
GRADATEX
BE 0453.481.829
Grâce-Hollogne · Eq €286k
NIPAU
BE 0432.333.948
Hasselt · Eq €295k
ELYSEE DECOR
BE 0418.977.444
Genk · Eq €295k
WS SALES EN MARKETING
BE 0463.207.464
Anderlecht · Eq €283k
Of 679 companies in sector 46494 we hold annual accounts for 530. 403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-02-1988
Fiscal year end30-06
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
43221Plumbing work
45332
46810Wholesale of solid, liquid and gaseous fuels and related products
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.