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MoveWell

Active
Private limited companyfounded 2025active for 1 yearNederstraat 85/B, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 1025.854.677

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487993.

Annual accounts 2025 filed on 31-08-2026 at the NBB

Turnover
≈ €160,000
Estimated: probably between €99,000 and €250,000
Total assets
€78,665
Net result
€41,890
Working capital
€34,578

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €78,665
Fixed assets €9,712
Current assets €68,953
Equity and liabilities €78,665
Equity €44,290
Debt €34,375
Debt's share of the balance-sheet total is 43.7%.
Key figures and ratios
2025 value
EBITDA
€54,618
Cash flow
€43,786
Current ratio
2.01
Debt to equity
0.78
ROE
94.6%
ROA
53.3%
Interest coverage
over 100
Debt ≤ 1 year
€34,375
Income taxes
€10,793

Comparable companies

These companies have the same main activity as MoveWell: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €67,400 and €88,200, founded in 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
MoveWell Bilzen-Hoeselt2025€78,665€44,290€55,142€41,8902025
MW PERFORMANCE Sint-Truiden2025€76,656€43,053€51,874€38,0532025
INCARE Lobbes2025€72,985€50,033€61,866€47,5332025
AD Kine Lommel2025€88,195€34,140€47,763€30,6402025
TKM Oud-Turnhout2025€72,644€37,447€47,552€35,4472025
KINEVOLUTIE Tienen2025€67,426€42,799€54,379€40,3992025
M.GLL KINE Châtelet2025€71,814€52,126€65,761€50,6262025

They were chosen from the 2,297 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as MoveWell has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of MoveWell itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for MoveWell. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code2025
Assets
Total assets20/58€78,665
Fixed assets21/28€9,712
Tangible fixed assets22/27€9,712
Plant, machinery and equipment23€9,712
Current assets29/58€68,953
Amounts receivable within one year40/41€115
Trade receivables40€115
Cash at bank and in hand54/58€68,563
Deferred charges and accrued income490/1€275
Equity and liabilities
Total equity and liabilities10/49€78,665
Equity10/15€44,290
Contributions10/11€2,400
Profit (loss) carried forward14€41,890
Amounts payable17/49€34,375
Amounts payable within one year42/48€34,375
Trade debts44€2,855
Suppliers440/4€2,855
Taxes, remuneration and social security45€10,793
Taxes450/3€10,793
Other amounts payable47/48€20,727
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,896
Other operating charges640/8€524
Gross operating margin9900€55,142
Operating profit (loss)9901€52,722
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€52,683
Income taxes67/77€10,793
Profit (loss) for the period9904€41,890
Profit (loss) for the period to be appropriated9905€41,890
Appropriation of the result
Profit (loss) to be appropriated9906€41,890

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,896
Other operating charges640/8€524
Gross operating margin9900€55,142
Operating profit (loss)9901€52,722
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€52,683
Income taxes67/77€10,793
Profit (loss) for the period9904€41,890
Profit (loss) for the period to be appropriated9905€41,890
Line2025
Assets
Total assets20/58€78,665
Fixed assets21/28€9,712
Tangible fixed assets22/27€9,712
Plant, machinery and equipment23€9,712
Current assets29/58€68,953
Amounts receivable within one year40/41€115
Trade receivables40€115
Cash at bank and in hand54/58€68,563
Deferred charges and accrued income490/1€275
Equity and liabilities
Total equity and liabilities10/49€78,665
Equity10/15€44,290
Contributions10/11€2,400
Profit (loss) carried forward14€41,890
Amounts payable17/49€34,375
Amounts payable within one year42/48€34,375
Trade debts44€2,855
Suppliers440/4€2,855
Taxes, remuneration and social security45€10,793
Taxes450/3€10,793
Other amounts payable47/48€20,727
Line2025
Profit (loss) for the period9904€41,890
+ Depreciation and write-downs630€1,896
Operating cash flow (approximation)€43,786

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00487993 NBB

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