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MoveUP

Active
Public limited companyfounded 201510 yrs activeKantersteen 47, 1000 Brussel, BelgiumKBO/BCE: BE 0643.795.235
Summary

MoveUP has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of -€720,051. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 174 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26600NACE 62010Computer programming NACE 62100
#7 company by equity in the Brussels-Capital Region, Computer and electronic products sector2 sites
Size
€6.2mtotal assets 2025
Staff
12.2 FTE
Equity
€4.4m
Loss
-€720,051
Financial health
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Structure
Largest shareholder
WHITE FUND · 10.33%
Board
5 members
Holdings
2
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts filed 49 d late
Why 68- Loss of €720,051, the second in a row (FY 2025)- Latest accounts 49 days late; 2 of the last 3 late+ Sector Manufacture of computer, electronic and optical products (NACE 26)+ Equity €4.4m (71.6% of total assets)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 46% of its sector peers (NACE 26, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 97-2
equity 71.6% of total assets
Liquidity 56-16
short-term debt 6.7% · cash 4.4%
Profitability 4-1
return on assets -11.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (115 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%● 0.0% vs 02-2025 04-2025: 0.3%▲ +15.8% vs 03-2025 05-2025: 0.3%▲ +5.2% vs 04-2025 06-2025: 0.4%▲ +10.8% vs 05-2025 07-2025: 0.4%▲ +8.1% vs 06-2025 08-2025: 0.5%▲ +37.9% vs 07-2025 09-2025: 0.6%▲ +12.5% vs 08-2025 10-2025: 0.9%▲ +50.3% vs 09-2025highest value 11-2025: 0.3%▼ -72.4% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.2%▼ -0.4% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%▼ -2.0% vs 02-2026lowest value 04-2026: 0.3%▲ +6.1% vs 03-2026 05-2026: 0.3%▲ +3.1% vs 04-2026 06-2026: 0.3%▲ +28.1% vs 05-2026 07-2026: 0.4%▲ +5.6% vs 06-2026 08-2026: 0.4%▲ +13.0% vs 07-2026 09-2026: 0.4%▲ +8.6% vs 08-2026 10-2026: 0.8%▲ +73.8% vs 09-2026
  • Loss of €720,051, the second in a row (FY 2025) raises the probability
  • Latest accounts 49 days late; 2 of the last 3 late raises the probability
  • Sector Manufacture of computer, electronic and optical products (NACE 26) lowers the probability
  • Equity €4.4m (71.6% of total assets) lowers the probability
Credit up to €300,000 at 30 days acceptable
Liquidity ample (current ratio 6.18 against 7.99 in 2024; short-term debt: 6.7% and cash: 4.4% of total assets), and 28.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 26, small). Better than this share of them on solvency 79%, liquidity 63%, profitability 17%, growth against the median 23%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €720,051, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 49 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Sector Manufacture of computer, electronic and optical products (NACE 26)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Equity €4.4m (71.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€720,051
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 10 filings
Deviation from the deadline
2025
49 d late
2024
81 d late
2023
22 d late
2022
17 d early
2021
26 d early
2020
31 d late
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

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. Usually files around 23 August (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignations & appointmentsPower of attorney
  3. Resignations: KARISTA SAS, MALOU CONSULT and…Permanent representatives: HUE Baudouin, DE…

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€720,051 View
  • Caution: Among the weakest 18% on net resultsector median €119,247 · 174 companies -€720,051 View
  • Board changedlatest change 22-06-2026 · 5 in office 1 joined · 4 left View
  • EU research moneyEU contribution €1.5m View

By topic

Financials

Fiscal year
2025
Total assets
€6.2m
Loss
-€720,051
Solvency
71.6%
Total assets▼ 11.7%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
Largest shareholder
WHITE FUND · 10.33%
Auditor
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Go to Board & ownership

Timeline

Events
34
Since
2015
Next accounts
by 31-07-2027
  1. 18-09-2026Annual accounts filed
  2. 17-07-2026Resignations & appointments
  3. 22-06-2026Resignations: KARISTA SAS, MALOU CONSULT and 3…
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26600
Founded
02-12-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
21
Annual meeting
30 June at 14:00
Purpose
De ontwikkeling van toestellen en applicaties voor monitoring en begeleiding van patiënten…
Go to Articles of association

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