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MOVIMENTO

Active
Private limited companyfounded 199135 yrs activeGrotehertstraat 22, 1000 Brussel, BelgiumKBO/BCE: BE 0443.698.883
Summary

The computed 12-month bankruptcy probability of MOVIMENTO is 2.1% (moderate). The 2024 annual accounts show negative equity (-€75,676) and a net result of -€4,169. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 5% of 6545 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability50▼-21
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.21 in 2023; short-term debt: 387.8% and cash: 21.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-287.8%
Return on assets
-15.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€75,676
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
28 d early
2022
54 d early
2021
5 d early
2020
31 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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

History

MOVIMENTO was incorporated on 28 February 1991.1 Total assets fell from EUR 76,534 in 2018 to EUR 26,292 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,169
2023 · €761
Working capital
-€83,811▲ 2.1%
2023 · -€85,610
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€5,338-€13,444€12,286€872▼ 92.9%-€3,989
Net result€5,164within the sector's middle half-€13,957below the sector's middle half€12,105within the sector's middle half€761within the sector's middle half▼ 93.7%-€4,169below the sector's middle half
Equity-€70,416below the sector's middle half▲ 6.8%-€84,373below the sector's middle half▼ 19.8%-€72,268below the sector's middle half▲ 14.3%-€71,507below the sector's middle half▲ 1.1%-€75,676below the sector's middle half▼ 5.8%
Total assets€5,983below the sector's middle half▲ 0.7%€36,550below the sector's middle half▲ 511%€53,098below the sector's middle half▲ 45.3%€37,209below the sector's middle half▼ 29.9%€26,292below the sector's middle half▼ 29.3%
Debt€76,399▼ 6.3%€120,923▲ 58.3%€125,366▲ 3.7%€108,716▼ 13.3%€101,968▼ 6.2%
Working capital-€70,416below the sector's middle half▲ 6.8%-€100,614below the sector's middle half▼ 42.9%-€90,814below the sector's middle half▲ 9.7%-€85,610below the sector's middle half▲ 5.7%-€83,811below the sector's middle half▲ 2.1%
Solvency-230.8%below the sector's middle half-136.1%below the sector's middle half▲ 94.7pp-192.2%below the sector's middle half▼ 56.1pp-287.8%below the sector's middle half▼ 95.7pp
Current ratio0.08below the sector's middle half▲ 0.010.17below the sector's middle half▲ 0.090.28below the sector's middle half▲ 0.110.21below the sector's middle half▼ 0.060.18below the sector's middle half▼ 0.03
Return on assets (ROA)86.3%above the sector's middle half-38.2%below the sector's middle half▼ 124.5pp22.8%above the sector's middle half▲ 61.0pp2.0%within the sector's middle half▼ 20.8pp-15.9%below the sector's middle half▼ 17.9pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2020: €5,338€5,338Net result 2020: €5,164€5,164Operating result 2021: -€13,444-€13,444Net result 2021: -€13,957-€13,957Operating result 2022: €12,286€12,286Net result 2022: €12,105€12,105Operating result 2023: €872€872Net result 2023: €761€761Operating result 2024: -€3,989-€3,989Net result 2024: -€4,169-€4,16920202021202220232024-€5,000€0€5,000€10,000Operating result 2022: €12,286€12,300Net result 2022: €12,105€12,100Operating result 2023: €872€872Net result 2023: €761€761Operating result 2024: -€3,989-€3,990Net result 2024: -€4,169-€4,170202220232024
The operating result turns negative in 2024: a loss of €3,989 after €872 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26,292
Fixed assets €8,135 ▼ 42.3%
Current assets €18,157 ▼ 21.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
€1,724▼
2023 · €6,430
Cash flow
€1,544▼
2023 · €6,319
Debt to equity
-1.35▲
2023 · -1.52
Interest coverage
9.55▼
2023 · 35.65
Debt ≤ 1 year
€101,968▼
2023 · €108,716
Staff costs
€1,100▼
2023 · €6,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€37,209€26,292▼
Fixed assets21/28€14,103€8,135▼
Tangible fixed assets22/27€14,103€8,135▼
Furniture and vehicles24€14,103€8,135▼
Current assets29/58€23,106€18,157▼
Amounts receivable within one year40/41€16,813€12,424▼
Trade receivables40€11,079€6,520▼
Other amounts receivable41€5,734€5,903▲
Cash at bank and in hand54/58€6,293€5,733▼
Equity and liabilities
Total equity and liabilities10/49€37,209€26,292▼
Equity10/15-€71,507-€75,676▼
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Reserves13€6,422€6,422=
Non-distributable reserves130/1€2,000€2,000=
Legal reserve130€2,000€2,000=
Distributable reserves133€4,422€4,422=
Profit (loss) carried forward14-€97,929-€102,098▼
Amounts payable17/49€108,716€101,968▼
Amounts payable within one year42/48€108,716€101,968▼
Trade debts44€4,822€5,915▲
Suppliers440/4€4,822€5,915▲
Taxes, remuneration and social security45€269-
Remuneration and social security454/9€269-
Other amounts payable47/48€103,625€96,053▼
Income statement Code20232024
Remuneration, social security and pensions62€6,184€1,100▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,558€5,713▲
Other operating charges640/8€4,915€615▼
Gross operating margin9900€17,529€3,439▼
Operating profit (loss)9901€872-€3,989▼
Financial income75/76B€69€1▼
Recurring financial income75€69€1▼
Financial charges65/66B€180€180▲
Recurring financial charges65€180€180▲
Profit (loss) for the period before taxes9903€761-€4,169▼
Profit (loss) for the period9904€761-€4,169▼
Profit (loss) for the period to be appropriated9905€761-€4,169▼
Appropriation of the result
Profit (loss) to be appropriated9906-€97,929-€102,098▼
Profit (loss) brought forward from the previous period14P-€98,690-€97,929▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€9,833€6,184€1,100▼ 82.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,123€4,547€5,558€5,713▲ 2.8%
Other operating charges640/8-€347€378€4,915€615▼ 87.5%
Gross operating margin9900€5,536-€10,974€27,044€17,529€3,439▼ 80.4%
Operating profit (loss)9901€5,338-€13,444€12,286€872-€3,989▼ 557%
Financial income75/76B---€69€1▼ 99.3%
Recurring financial income75---€69€1▼ 99.3%
Financial charges65/66B-€207€181€180€180▲ 0.1%
Recurring financial charges65€174€207€181€180€180▲ 0.1%
Profit (loss) for the period before taxes9903€5,164-€13,651€12,105€761-€4,169▼ 648%
Income taxes67/77-€306----
Profit (loss) for the period9904€5,164-€13,957€12,105€761-€4,169▼ 648%
Profit (loss) for the period to be appropriated9905€5,164-€13,957€12,105€761-€4,169▼ 648%
Line20202021202220232024Change
Assets
Total assets20/58€5,983€36,550€53,098€37,209€26,292▼ 29.3%
Fixed assets21/28-€16,241€18,545€14,103€8,135▼ 42.3%
Tangible fixed assets22/27-€16,241€18,545€14,103€8,135▼ 42.3%
Furniture and vehicles24-€16,241€18,545€14,103€8,135▼ 42.3%
Current assets29/58€5,983€20,309€34,553€23,106€18,157▼ 21.4%
Amounts receivable within one year40/41€5,949€16,497€25,246€16,813€12,424▼ 26.1%
Trade receivables40-€11,686€20,767€11,079€6,520▼ 41.1%
Other amounts receivable41-€4,810€4,479€5,734€5,903▲ 3.0%
Cash at bank and in hand54/58€34€3,813€9,307€6,293€5,733▼ 8.9%
Equity and liabilities
Total equity and liabilities10/49€5,983€36,550€53,098€37,209€26,292▼ 29.3%
Equity10/15-€70,416-€84,373-€72,268-€71,507-€75,676▼ 5.8%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Capital10-€20,000€20,000€20,000€20,000=
Issued capital100-€20,000€20,000€20,000€20,000=
Reserves13€6,422€6,422€6,422€6,422€6,422=
Non-distributable reserves130/1-€2,000€2,000€2,000€2,000=
Legal reserve130-€2,000€2,000€2,000€2,000=
Distributable reserves133-€4,422€4,422€4,422€4,422=
Profit (loss) carried forward14-€96,838-€110,795-€98,690-€97,929-€102,098▼ 4.3%
Amounts payable17/49€76,399€120,923€125,366€108,716€101,968▼ 6.2%
Amounts payable within one year42/48€76,399€120,923€125,366€108,716€101,968▼ 6.2%
Trade debts44€789€31,639€36,665€4,822€5,915▲ 22.7%
Suppliers440/4-€31,639€36,665€4,822€5,915▲ 22.7%
Taxes, remuneration and social security45---€269--
Remuneration and social security454/9---€269--
Other amounts payable47/48-€89,284€88,701€103,625€96,053▼ 7.3%
Line20202021202220232024Change
Profit (loss) for the period9904€5,164-€13,957€12,105€761-€4,169▼ 648%
+ Depreciation and write-downs630-€2,123€4,547€5,558€5,713▲ 2.8%
Operating cash flow (approximation)€5,164-€11,834€16,652€6,319€1,544▼ 75.6%
Investment in fixed assets (approximation)---€6,851-€1,115€255▲ 123%
Change in cash-€3,778€5,494-€3,014-€560▲ 81.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €12,105
Net result €12,105 after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €5,164
Net result €5,164 after 2 loss-making years.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€78,606
Net result drops to -€78,606, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
13-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Brussel · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
100 m²
Building footprint
99 m²
Volume, LiDAR
869 m³
Parcel 21808H1985/00D000, Brussels · tallest building 17.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GRAPHIDO SPRL
Grotehertstraat 22, 1000 BrusselRetail sale of footwear
since 19912.052.672.527
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21808H1985/00D000 Brussels 100 m² 1 · 99 m² 17.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 2,215 companies in sector 47711 we hold annual accounts for 888. 278 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-02-1991
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
95316Washing and cleaning of motor vehicles
49410Freight transport by road
49420Removal services
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.