OL MOVE
Judicial reorganisationSummary
The file of OL MOVE contains 2 judicial reorganisation notices, as published in the Belgian State Gazette. The KBO register records for OL MOVE the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €512,016 and a net result of €163,352. Equity is growing by ~205% per year across the filed fiscal years. Its solvency ranks better than 63% of 6717 sector peers (fiscal year 2024).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Opened
- 30 April 2026
- Track
- Reorganisation by collective agreement
- Docket number
- 20260034
- Moratorium until
- 19 August 2026 (passed; an extension would be in a later judgment)
- Creditors' vote
- 5 August 2026
- Delegated judge
- Thierry Cherpion
- Official Gazette
- 11-05-2026 (pdf) ↗search the document for 2026/119658
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Checked score
Score 2024
44
/ 100
Weak
An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+3
Solvency76▲+26
Growth78=
Track record30
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 2.07 against 1.33 in 2023; short-term debt: 48.2% and cash: 0.4% of total assets), and 49.4% of the assets are financed with debt.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
434 d late
2022
800 d late
2021
231 d late
2020
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 325 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Removal services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€512,016▲ 35.9%
2023 · €376,654
Total assets
€1.0m▼ 33.6%
2023 · €1.5m
Net result
€163,352▼ 20.5%
2023 · €205,495
Working capital
€519,604▲ 38.5%
2023 · €375,066
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,962-€25,906€196,208▲ 657%€255,700▲ 30.3%€203,453▼ 20.4%
Net result-€3,884below the sector's middle half-€11,475within the sector's middle half€153,568above the sector's middle half▲ 1,238%€205,495above the sector's middle half▲ 33.8%€163,352above the sector's middle half▼ 20.5%
Equity€6,116below the sector's middle half-€17,591within the sector's middle half▲ 188%€171,159above the sector's middle half▲ 873%€376,654above the sector's middle half▲ 120%€512,016above the sector's middle half▲ 35.9%
Total assets€50,908within the sector's middle half-€157,147within the sector's middle half▲ 209%€268,484within the sector's middle half▲ 70.8%€1.5mabove the sector's middle half▲ 468%€1.0mabove the sector's middle half▼ 33.6%
Debt€44,792-€139,556▲ 212%€97,325▼ 30.3%€1.1m▲ 1,079%€500,734▼ 56.4%
Working capital-€866within the sector's middle half-€11,253within the sector's middle half€163,955above the sector's middle half▲ 1,357%€375,066above the sector's middle half▲ 129%€519,604above the sector's middle half▲ 38.5%
Solvency12.0%below the sector's middle half-11.2%below the sector's middle half▼ 0.8pp63.8%within the sector's middle half▲ 52.6pp24.7%within the sector's middle half▼ 39.0pp50.6%within the sector's middle half▲ 25.8pp
Current ratio0.98within the sector's middle half-1.08within the sector's middle half▲ 0.102.68above the sector's middle half▲ 1.601.33within the sector's middle half▼ 1.362.07within the sector's middle half▲ 0.74
Return on assets (ROA)-7.6%below the sector's middle half-7.3%within the sector's middle half▲ 14.9pp57.2%above the sector's middle half▲ 49.9pp13.5%within the sector's middle half▼ 43.7pp16.1%above the sector's middle half▲ 2.6pp
Staff (FTE)5.35.4▲ 1.9%7.2
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€5,412 ▼ 17.8%
Current assets
€1.0m ▼ 33.6%
Equity and liabilities €1.0m
Equity
€512,016 ▲ 35.9%
Debt
€500,734 ▼ 56.4%
Debt's share of the balance-sheet total falls from 75.3% to 49.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€205,067▼
2023 · €257,377
Cash flow
€164,965▼
2023 · €207,172
Debt to equity
0.98▼
2023 · 3.05
ROE
31.9%▼
2023 · 54.6%
Interest coverage
78.50▲
2023 · 63.87
Debt ≤ 1 year
€487,734▼
2023 · €1.1m
Income taxes
€68,681▼
2023 · €69,356
Staff costs
€337,331▲
2023 · €251,962
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €165,753 | €186,470 | €251,962 | €337,331 | ▲ 33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,945 | €1,056 | €1,385 | €1,677 | €1,614 | ▼ 3.8% |
| Other operating charges640/8 | - | €602 | €358 | €2,825 | €1,916 | ▼ 32.2% |
| Gross operating margin9900 | €89,653 | €193,317 | €384,421 | €512,164 | €544,314 | ▲ 6.3% |
| Operating profit (loss)9901 | -€1,962 | €25,906 | €196,208 | €255,700 | €203,453 | ▼ 20.4% |
| Financial income75/76B | - | €2 | €16,511 | €23,181 | €31,192 | ▲ 34.6% |
| Recurring financial income75 | €4 | €2 | €16,511 | €23,181 | €31,192 | ▲ 34.6% |
| Financial charges65/66B | - | €7,568 | €6,897 | €4,030 | €2,612 | ▼ 35.2% |
| Recurring financial charges65 | €368 | €7,568 | €6,897 | €4,030 | €2,612 | ▼ 35.2% |
| Profit (loss) for the period before taxes9903 | -€2,326 | €18,340 | €205,822 | €274,851 | €232,033 | ▼ 15.6% |
| Income taxes67/77 | €1,558 | €6,865 | €52,254 | €69,356 | €68,681 | ▼ 1.0% |
| Profit (loss) for the period9904 | -€3,884 | €11,475 | €153,568 | €205,495 | €163,352 | ▼ 20.5% |
| Profit (loss) for the period to be appropriated9905 | -€3,884 | €11,475 | €153,568 | €205,495 | €163,352 | ▼ 20.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,908 | €157,147 | €268,484 | €1.5m | €1.0m | ▼ 33.6% |
| Fixed assets21/28 | €6,982 | €6,338 | €7,204 | €6,588 | €5,412 | ▼ 17.8% |
| Tangible fixed assets22/27 | €3,593 | €2,949 | €3,815 | €3,199 | €2,023 | ▼ 36.8% |
| Plant, machinery and equipment23 | - | €2,250 | €2,658 | €1,523 | €701 | ▼ 54.0% |
| Furniture and vehicles24 | - | €699 | €1,157 | €1,676 | €1,322 | ▼ 21.1% |
| Financial fixed assets28 | €3,389 | €3,389 | €3,389 | €3,389 | €3,389 | = |
| Current assets29/58 | €43,926 | €150,809 | €261,280 | €1.5m | €1.0m | ▼ 33.6% |
| Amounts receivable after more than one year29 | - | €20,000 | €225,464 | €420,099 | €684,855 | ▲ 63.0% |
| Other amounts receivable291 | - | €20,000 | €225,464 | €420,099 | €684,855 | ▲ 63.0% |
| Amounts receivable within one year40/41 | €23,448 | €122,351 | €17,414 | €956,778 | €286,894 | ▼ 70.0% |
| Trade receivables40 | - | €122,351 | €17,236 | €954,995 | €286,568 | ▼ 70.0% |
| Other amounts receivable41 | - | - | €178 | €1,783 | €326 | ▼ 81.7% |
| Cash at bank and in hand54/58 | €19,550 | €8,458 | €1,865 | €140,638 | €4,397 | ▼ 96.9% |
| Deferred charges and accrued income490/1 | - | - | €16,536 | €0 | €31,192 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,908 | €157,147 | €268,484 | €1.5m | €1.0m | ▼ 33.6% |
| Equity10/15 | €6,116 | €17,591 | €171,159 | €376,654 | €512,016 | ▲ 35.9% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€3,884 | €7,591 | €161,159 | €366,654 | €502,016 | ▲ 36.9% |
| Amounts payable17/49 | €44,792 | €139,556 | €97,325 | €1.1m | €500,734 | ▼ 56.4% |
| Amounts payable within one year42/48 | €44,792 | €139,556 | €97,325 | €1.1m | €487,734 | ▼ 57.3% |
| Trade debts44 | €493 | €85,147 | - | €919,935 | - | - |
| Suppliers440/4 | - | €85,147 | €0 | €93,752 | €0 | ▼ 100% |
| Bills of exchange payable441 | - | - | - | €826,183 | - | - |
| Taxes, remuneration and social security45 | - | €53,276 | €97,325 | €222,514 | €486,522 | ▲ 119% |
| Taxes450/3 | - | €14,018 | €70,704 | €178,369 | €443,429 | ▲ 149% |
| Remuneration and social security454/9 | - | €39,259 | €26,621 | €44,145 | €43,093 | ▼ 2.4% |
| Other amounts payable47/48 | - | €1,133 | - | - | €1,212 | - |
| Accrued charges and deferred income492/3 | - | - | - | €5,000 | €13,000 | ▲ 160% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,884 | €11,475 | €153,568 | €205,495 | €163,352 | ▼ 20.5% |
| + Depreciation and write-downs630 | €3,945 | €1,056 | €1,385 | €1,677 | €1,614 | ▼ 3.8% |
| Operating cash flow (approximation) | €62 | €12,531 | €154,952 | €207,172 | €164,965 | ▼ 20.4% |
| Investment in fixed assets (approximation) | - | -€412 | -€2,250 | -€1,061 | -€438 | ▲ 58.7% |
| Change in cash | - | -€11,092 | -€6,593 | €138,774 | -€136,242 | ▼ 198% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
21-08
Judicial reorganisation
Extension
Tribunal de l’entreprise du Brabant wallon · collective agreement · event 05-08-2026
11-05
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collective agreement (SME) · event 30-04-2026
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 434 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 800 days late
2024
31-12
Financial
Equity above €500,000Eq €512,016 ▲35.9%
4 profitable years in a row build equity to €512,016.
2023
31-12
Financial
Highest result since 2020net €205,495 ▲33.8%
Operating result €255,700, net result €205,495, both a record.
31-12
Financial
Equity above €200,000Eq €376,654 ▲120%
3 profitable years in a row build equity to €376,654.
19-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 231 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.08 to 2.68; short-term debt falls from €139,556 to €97,325.
31-12
Financial
Equity above €150,000Eq €171,159 ▲873%
2 profitable years in a row build equity to €171,159.
2021
31-12
Financial
Back to profitnet €11,475
Net result €11,475 after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2019
Ground area
1,024 m²
Building footprint
87 m²
Volume, LiDAR
562 m³
Parcel 25762H0631/00A000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
OL MOVE
since 20192.298.957.705
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0631/00A000 | Wallonia | 1,024 m² | 1 · 87 m² | 9.2 m · 2 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.
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Company details
Identification
Legal formPrivate limited company
Founded30-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
Contact
E-mail
olivier.de.coster@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0740599057
Also
9925:BE0740599057
Registered
13-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.