MOVING TARGET
ActiveMOVING TARGET is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8.41M and a net result of €1.76M. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 5495 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-03-2026, 133 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
133 d early
2024
44 d early
2023
34 d early
2022
22 d late
2021
5 d early
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€8.41M▲ 26.5%
2024 · €6.65M
2018: €3.06M
2019: €3.88M
2020: €3.89M
2021: €4.06M
2022: €3.95M
2023: €3.86M
2024: €6.65M
2018 → 2025
Net result
€1.76M▼ 36.9%
2024 · €2.79M
2018: €632k
2019: €823k
2020: €12k
2021: €167k
2022: €-113k
2023: €-88k
2024: €2.79M
2018 → 2025
Total assets
€8.96M▲ 33.5%
2024 · €6.71M
2018: €6.79M
2019: €6.82M
2020: €6.64M
2021: €6.27M
2022: €6.09M
2023: €5.56M
2024: €6.71M
2018 → 2025
Solvency
93.9%▼ 5.2pp
2024 · 99.1%
2018: 45.0%
2019: 56.9%
2020: 58.6%
2021: 64.8%
2022: 64.8%
2023: 69.4%
2024: 99.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.06M-€3.95M▼ 2.8%€3.86M▼ 2.2%€6.65M▲ 72.4%€8.41M▲ 26.5%
Operating result€297k-€-4k€-6k▼ 34.6%€996k€995k▼ 0.1%
Net result€167k-€-113k€-88k▲ 22.0%€2.79M€1.76M▼ 36.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.96M
Fixed assets
€5.50M=
Current assets
€3.46M▲ 185%
Equity and liabilities €8.96M
Equity
€8.41M▲ 26.5%
Debt
€550k▲ 786%
The debt ratio rises from 0.9% to 6.1%: debt grows faster than equity.
Key figures and ratios
Solvency
93.9%▼
2024 · 99.1%
ROE
20.9%▼
2024 · 42.0%
ROA
19.7%▼
2024 · 41.6%
Debt
€550k▲
2024 · €62k
Debt ≤ 1 year
€550k▲
2024 · €62k
Income taxes
€278k▲
2024 · €211k
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€6.71M€8.96M▲
Fixed assets21/28€5.50M€5.50M=
Financial fixed assets28€5.50M€5.50M=
Current assets29/58€1.21M€3.46M▲
Amounts receivable within one year40/41€1.17M€3.39M▲
Other amounts receivable41€1.17M€3.39M▲
Cash at bank and in hand54/58€30k€24k▼
Deferred charges and accrued income490/1€9k€46k▲
Equity and liabilities
Total equity and liabilities10/49€6.71M€8.96M▲
Equity10/15€6.65M€8.41M▲
Contributions10/11€2.00M€2.00M=
Reserves13€4.60M€6.40M▲
Non-distributable reserves130/1€200k€200k=
Reserves not available under the articles1311€200k€200k=
Distributable reserves133€4.40M€6.20M▲
Profit (loss) carried forward14€51k€14k▼
Amounts payable17/49€62k€550k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€62k€550k▲
Taxes, remuneration and social security45€61k€549k▲
Taxes450/3€61k€549k▲
Other amounts payable47/48€1k€1k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€997k€996k▼
Operating profit (loss)9901€996k€995k▼
Financial income75/76B€2.01M€1.05M▼
Recurring financial income75€2.01M€1.05M▼
Financial charges65/66B€92€42▼
Recurring financial charges65€92€42▼
Profit (loss) for the period before taxes9903€3.00M€2.04M▼
Income taxes67/77€211k€278k▲
Profit (loss) for the period9904€2.79M€1.76M▼
Profit (loss) for the period to be appropriated9905€2.79M€1.76M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.60M€1.81M▼
Profit (loss) brought forward from the previous period14P€-192k€51k▲
Transfer to equity691/2€2.55M€1.80M▼
To other reserves6921€2.55M€1.80M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 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
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2.79M
Net result €2.79M after 2 loss-making years.
31-12
Financial
Liquidity times 238current ratio 19.56
Current ratio from 0.08 to 19.56; short-term debt falls from €719k to €62k.
31-12
Financial
Equity above €5MEq €6.65M ▲72.4%
Equity rises from €3.86M to €6.65M.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €-113k ▼168%
Net result drops to €-113k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 6current ratio 3.10
Current ratio from 0.54 to 3.10; short-term debt falls from €2.46M to €368k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2016
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.
Gentse Baan 669100 Sint-NiklaasGround area
3,741 m²
Building footprint
3,056 m²
Volume, LiDAR
38,537 m³
Parcel 46444D0255/00R000, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MOVING TARGET
since 20162.256.082.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0255/00R000 | Flanders | 3,741 m² | 1 · 3,056 m² | 15.9 m · 4 fl. |
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.
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Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 6,509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.