From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MOVING 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 €8.4m and a net result of €1.8m. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 89% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
20-03
financial year 2025 · abbreviated format
2025
17-06
financial year 2024 · abbreviated format
2024
31-12
Financial
Back to profitnet €2.8m
The net result is €2.8m, after 2 loss-making years.
31-12
Financial
Liquidity more than 237 timescurrent ratio 19.56
The current ratio rises from 0.08 to 19.56. Short-term debt falls from €719,077 to €62,031.
31-12
Financial
Equity above €5mequity €6.7m ▲72.4%
Equity rises from €3.9m to €6.7m.
27-06
financial year 2023 · abbreviated format
2023
22-08
financial year 2022 · abbreviated format · 22 days late
05-07
Gazette deed
Resignations: Patrick Van Baelen (manager) and Frank FLEBUS (manager)Reappointments: Patrick Van Baelen (director) and Frank FLEBUS (director) · Legal-form conversion · Registered office clause14 points ▸
Gazette deed
Resignations: Patrick Van Baelen (manager) and Frank FLEBUS (manager)
Reappointments: Patrick Van Baelen (director) and Frank FLEBUS (director) · Legal-form conversion · Registered office clause14 points ▸
- General meeting, “RPR Gent,afdeling Dendermonde, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Registered office clause, “Vlaamse gewest, enkel Gewest opnemen waarin zetel gevestigd is” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “beschikbaar” (deed in Dutch)
- Capital
- Power of attorney
- Director resignation, Patrick Van Baelen (manager)
- Director resignation, Frank FLEBUS (manager)
- Director discharge, Patrick Van Baelen (manager)
- Director discharge, Frank FLEBUS (manager)
- Director reappointment, Patrick Van Baelen (director)
- The act holds 2 more points.
2022
31-12
Financial
Weakest financial yearnet -€113,421
The net result drops to -€113,421, the lowest from 2018 to 2025. It recovers the following year.
26-07
financial year 2021 · abbreviated format
2021
25-06
financial year 2020 · abbreviated format
2020
31-12
Financial
Liquidity more than 5 timescurrent ratio 3.10
The current ratio rises from 0.54 to 3.10. Short-term debt falls from €2.5m to €368,483.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank