Losses
-€7.2m in ten years
Every financial year from 2016 to 2025 closed with a loss. 2023 was the heaviest.
MoveUP
Lifetime
10 annual accounts with figures on one time axispeak €860,733 (2025)
€860,733▲ 165%
lowest -€1.9m (2023)
-€720,051▲ €24,057
peak €5.6m (2023)
€4.4m▼ 15.0%
€1.8m▼ 2.1%
peak 18.4 FTE (2023)
12.2 FTE▼ 20.3%
Board16 names since 2015all names
6 directorsCharles-Eric Winandy and 5 others
Owners4 names in the annual accounts
10.33%WHITE FUND and 1 other
Documentsfilings and deeds
18-09-202649 days late
2025financial year
Gross margin from €324,530 to €860,733Loss of €720,051Staff from 15.3 FTE to 12.2 FTE1 director appointed, 2 resignations 18-12Resignation: BAM CONSULT (director) 15-07Equity from €5.2m to €4.4m
Key points
from the 2025 annual accountsStaff
12.2 FTE from 18.4 in 2023
Between 2023 and 2025, 34% of the full-time equivalents disappeared.
Filings
10 annual accounts 4 late
The 2024 accounts came latest: 81 days after the end of the period.
At the same address
263 companies
Subsidiaries
-€551,183
Subsidiary with negative equity. B.clinic · loss of €41,628 in 2025 · 1 other subsidiary too.
Board
1 joined · 4 left
Board changed. Latest change 22-06-2026 · 2 in office.
Checked score
68
Healthy
Financially stronger than 45% of small companies in computer and electronic products (NACE 26)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 116 companies (NACE 26, small).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.3 percentage points vs 09-2025highest value
11-2025: 0.3%▼ -0.6 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.2%▼ -0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.8%▲ +0.4 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €720,051, the second in a row (financial year 2025)
Last filed accounts filed 49 days late; 2 of the last 3 accounts late
lowers risk
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Equity €4.4m (71.6% of total assets)
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 26, small). It does better than 77% of them on solvency, 63% on liquidity, 17% on profitability and 21% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 376 companies had the same profile as MoveUP has now. Each dot is one company, two years later.
91.8%
were still trading
7.2%
stopped another way
0.8%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MoveUP itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 376 companies, not a prediction for MoveUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.18 (7.99 in 2024), above the usual 1.5. Short-term debt is 6.7% and cash 4.4% of total assets. 28.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€720,051
raises risk · 2025 accounts filed 49 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
49 days late
2024
81 days late
2023
22 days late
2022
17 days early
2021
26 days early
2020
31 days late
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
K
KARISTA
Director, Hue,Baudouin
CH
CASCADOR HEALTH
Director, TAILLIEU Philip Fernande Vital, since 30-04-2026
- WHITE FUND 10.33%score 96equity €25.8m (2025) · 2025 annual accounts of WHITE FUND
- QBIC II FUND ARKIV 6.89%score 96equity €52.6m (2025) · 2025 annual accounts of QBIC II FUND ARKIV
- CAREVOLUTION 4.34%equity €9.3m (2025) · 2025 annual accounts of CAREVOLUTION
Shares in 2 companies, MoveUp.Care SAS and b.clinic
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0643795235
1 director appointed, 5 resignations
Resignations: KARISTA SAS, MALOU CONSULT, MARLEEN LIMBOURG, SERVAES Ward Marie Louis and WINANDY Charles-Eric François Chantal Robert Ghislain · Permanent representatives: HUE Baudouin, DE GEYTER Piet Jo Bob, LIMBOURG Marleen Johanna and TAILLIEU Philip Fernande Vital · Appointment: CASCADOR HEALTH (sole director) · Gazette deed
Capital increase · Amendment of the articles
33,390 new shares · 37,863 new shares · General meeting of 30-04-2026 · Gazette deed
1 director appointed, 2 resignations
Resignations: Ciaran McCourt and AMBUSCO BV · Permanent representatives: Francis Ampe and Piet De Geyter · Appointment: MALOU CONSULT BV · General meeting of 15-10-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MoveUP Brussels | €6.2m | €0.9m | 71.6% | 12.2 |
| salamander U Ohey | €3.4m | €0.3m | 29.2% | 7.4 |
| AXINESIS Wavre | €1.7m | €0.6m | -69.1% | 7.9 |
| ELEDRICITY Merelbeke-Melle | €5.1m | €0.3m | 90.7% | - |
| Sunrise Namur | €43.9m | €3.1m | 92.6% | 15.9 |
| ELMEDIX Leuven | €4.6m | €0.1m | 95.6% | 5.8 |
| Neoscan Mechelen | €2.7m | €2.5m | 96.9% | 4.4 |
These companies have the same main activity as MoveUP: manufacture of computer, electronic and optical products (NACE 26600). They are comparable in size and age: total assets between €1.7m and €44m, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 02-12-2015Normal situation
- Registered office
- 264 active companies are registered at this address27 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Manufacture of computer, electronic and optical productsNACE 26600and 4 others
- Joint committee
- 227Audiovisual sector · annual accounts 2022
- Establishment units
- 2.248.028.8449050 Ghent, since 02-12-2015
- 2.256.714.5021000 Brussels, since 19-09-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2026
Annual accounts 2025
- ≈ €2.0mestimated
- €6.2m▼ 11.7%
- Employeeson 31-12-2025
- 14▼ 6.7%
- Filing
- Filed on 18-09-2026
Companies linked to MoveUP
Insights on MoveUP
MoveUP has existed since 2015. The gross margin fell from €213,233 in 2020 to €47,758 in 2021, while staff rose from 5.3 to 8.8 full-time equivalents.
In June 2026, four directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MoveUP
- What is the company number of MoveUP?
- The company number of MoveUP is 0643.795.235. The VAT number is the same number with BE in front: BE 0643.795.235.
- Where is MoveUP based?
- The registered office is at Kantersteen 47, 1000 Brussels.Company details
- What does MoveUP do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26600).
- What is the legal form of MoveUP?
- MoveUP is a public limited company (NV).
- When was MoveUP founded?
- MoveUP was founded on 02-12-2015.
- Is MoveUP still active?
- Yes, MoveUP is an active enterprise in the KBO register.
- How many employees does MoveUP have?
- MoveUP had an average of 12.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MoveUP fall under?
- In its 2022 annual accounts, MoveUP states joint committee 227 (Audiovisual sector).
- What is the turnover of MoveUP?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €860,733 and 2,275 comparable companies of the same size. It probably lies between €1.2m and €3.5m. It is a rough estimate.
- Is MoveUP profitable?
- In financial year 2025, MoveUP made a loss of €720,051.
- Where can I find the annual accounts of MoveUP?
- MoveUP filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MoveUP due?
- MoveUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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