PRATIK MOVERS
ActiveSummary
The computed 12-month bankruptcy probability of PRATIK MOVERS is 5.2% (elevated). The 2024 annual accounts show equity of €150,393 and a net result of €4,358. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 6719 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-28
Solvency100▲+6
Growth40▼-17
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.29 against 2.07 in 2023; short-term debt: 17.7% and cash: 22.3% of total assets), and 17.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
145 d late
2023
107 d late
2022
192 d late
2021
172 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 154 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
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Financials · fiscal year 2024, micro schema
Turnover
€314,452▲ 27.6%
2022 · €246,503
EBIT margin
23.5%▲ 4.3pp
2022 · 19.2%
Net result
€4,358▼ 91.7%
2023 · €52,591
Working capital
€74,227▲ 38.1%
2023 · €53,756
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€351,647-€246,503▼ 29.9%€314,452▲ 27.6%
Operating result€57,282-€47,356▼ 17.3%€73,994▲ 56.2%€13,103▼ 82.3%
Net result€45,448above the sector's middle half-€37,996above the sector's middle half▼ 16.4%€52,591above the sector's middle half▲ 38.4%€4,358within the sector's middle half▼ 91.7%
EBIT margin16.3%-19.2%▲ 2.9pp23.5%▲ 4.3pp
Equity€55,448within the sector's middle half-€93,444within the sector's middle half▲ 68.5%€146,035above the sector's middle half▲ 56.3%€150,393above the sector's middle half▲ 3.0%
Total assets€95,430within the sector's middle half-€147,023within the sector's middle half▲ 54.1%€210,497within the sector's middle half▲ 43.2%€182,776within the sector's middle half▼ 13.2%
Debt€39,982-€53,578▲ 34.0%€64,462▲ 20.3%€32,382▼ 49.8%
Working capital€27,894within the sector's middle half-€12,684within the sector's middle half▼ 54.5%€53,756above the sector's middle half▲ 324%€74,227above the sector's middle half▲ 38.1%
Solvency58.1%within the sector's middle half-63.6%within the sector's middle half▲ 5.5pp69.4%above the sector's middle half▲ 5.8pp82.3%above the sector's middle half▲ 12.9pp
Current ratio1.70within the sector's middle half-1.24within the sector's middle half▼ 0.462.07within the sector's middle half▲ 0.833.29above the sector's middle half▲ 1.22
Return on assets (ROA)47.6%above the sector's middle half-25.8%above the sector's middle half▼ 21.8pp25.0%above the sector's middle half▼ 0.9pp2.4%within the sector's middle half▼ 22.6pp
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 82% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €182,776
Fixed assets
€76,166 ▼ 28.4%
Current assets
€106,610 ▲ 2.4%
Equity and liabilities €182,776
Equity
€150,393 ▲ 3.0%
Debt
€32,382 ▼ 49.8%
Debt's share of the balance-sheet total falls from 30.6% to 17.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54,679▼
2023 · €113,216
Cash flow
€45,934▼
2023 · €91,813
Debt to equity
0.22▼
2023 · 0.44
ROE
2.9%▼
2023 · 36.0%
Interest coverage
180.16▼
2023 · 704.17
Debt ≤ 1 year
€32,382▼
2023 · €50,314
Income taxes
€8,441▼
2023 · €21,246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 5,048 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €351,647 | €246,503 | €314,452 | - | - |
| Non-recurring operating income76A | €2,667 | - | €2,971 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €283,088 | €169,626 | €186,996 | - | - |
| Remuneration, social security and pensions62 | - | - | €200 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,621 | €28,295 | €39,222 | €41,576 | ▲ 6.0% |
| Other operating charges640/8 | €2,323 | €1,226 | €3,441 | €5,758 | ▲ 67.3% |
| Non-recurring operating charges66A | - | - | €13,569 | €3,277 | ▼ 75.8% |
| Gross operating margin9900 | €71,226 | €76,877 | €130,426 | €63,714 | ▼ 51.1% |
| Operating profit (loss)9901 | €57,282 | €47,356 | €73,994 | €13,103 | ▼ 82.3% |
| Financial income75/76B | €616 | €274 | €4 | - | - |
| Recurring financial income75 | €616 | €274 | €4 | - | - |
| Financial charges65/66B | €104 | €132 | €161 | €304 | ▲ 88.8% |
| Recurring financial charges65 | €104 | €132 | €161 | €304 | ▲ 88.8% |
| Profit (loss) for the period before taxes9903 | €57,794 | €47,498 | €73,837 | €12,799 | ▼ 82.7% |
| Income taxes67/77 | €12,346 | €9,502 | €21,246 | €8,441 | ▼ 60.3% |
| Profit (loss) for the period9904 | €45,448 | €37,996 | €52,591 | €4,358 | ▼ 91.7% |
| Profit (loss) for the period to be appropriated9905 | €45,448 | €37,996 | €52,591 | €4,358 | ▼ 91.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €95,430 | €147,023 | €210,497 | €182,776 | ▼ 13.2% |
| Fixed assets21/28 | €27,554 | €80,760 | €106,427 | €76,166 | ▼ 28.4% |
| Tangible fixed assets22/27 | €27,554 | €66,460 | €92,127 | €61,866 | ▼ 32.8% |
| Furniture and vehicles24 | €27,554 | €66,460 | €92,127 | €61,866 | ▼ 32.8% |
| Financial fixed assets28 | - | €14,300 | €14,300 | €14,300 | = |
| Current assets29/58 | €67,876 | €66,263 | €104,070 | €106,610 | ▲ 2.4% |
| Amounts receivable within one year40/41 | €25,783 | €45,892 | €57,961 | €60,327 | ▲ 4.1% |
| Trade receivables40 | €25,783 | €39,613 | €47,120 | €50,754 | ▲ 7.7% |
| Other amounts receivable41 | - | €6,280 | €10,841 | €9,573 | ▼ 11.7% |
| Cash at bank and in hand54/58 | €42,093 | €17,176 | €42,695 | €40,792 | ▼ 4.5% |
| Deferred charges and accrued income490/1 | - | €3,194 | €3,414 | €5,491 | ▲ 60.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €95,430 | €147,023 | €210,497 | €182,776 | ▼ 13.2% |
| Equity10/15 | €55,448 | €93,444 | €146,035 | €150,393 | ▲ 3.0% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | €10,000 | - | - | - | - |
| Issued capital100 | €12,000 | - | - | - | - |
| Uncalled capital101 | €2,000 | - | - | - | - |
| Outside capital11 | - | €10,000 | - | - | - |
| Other1109/19 | - | €10,000 | - | - | - |
| Profit (loss) carried forward14 | €45,448 | €83,444 | €136,035 | €140,393 | ▲ 3.2% |
| Amounts payable17/49 | €39,982 | €53,578 | €64,462 | €32,382 | ▼ 49.8% |
| Amounts payable within one year42/48 | €39,982 | €53,578 | €50,314 | €32,382 | ▼ 35.6% |
| Trade debts44 | €22,760 | €25,723 | €26,763 | €10,674 | ▼ 60.1% |
| Suppliers440/4 | €22,760 | €25,723 | €26,763 | €10,674 | ▼ 60.1% |
| Taxes, remuneration and social security45 | €16,126 | €21,848 | €23,551 | €7,040 | ▼ 70.1% |
| Taxes450/3 | €16,126 | €21,848 | €21,051 | €7,040 | ▼ 66.6% |
| Remuneration and social security454/9 | - | €0 | €2,500 | - | - |
| Other amounts payable47/48 | €1,096 | €6,008 | - | €14,669 | - |
| Accrued charges and deferred income492/3 | - | - | €14,148 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,448 | €37,996 | €52,591 | €4,358 | ▼ 91.7% |
| + Depreciation and write-downs630 | €11,621 | €28,295 | €39,222 | €41,576 | ▲ 6.0% |
| Operating cash flow (approximation) | €57,069 | €66,291 | €91,813 | €45,934 | ▼ 50.0% |
| Investment in fixed assets (approximation) | - | -€81,500 | -€64,890 | -€11,315 | ▲ 82.6% |
| Change in cash | - | -€24,917 | €25,519 | -€1,903 | ▼ 107% |
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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
31-12
Financial
Weakest financial yearnet €4,358 ▼91.7%
Net result drops to €4,358, the lowest in the series.
31-12
Financial
Equity above €150,000Eq €150,393 ▲3%
4 profitable years in a row build equity to €150,393.
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 107 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 192 days late
2023
31-12
Financial
Highest result since 2021net €52,591 ▲38.4%
Operating result €73,994, net result €52,591, both a record.
31-12
Financial
Equity above €100,000Eq €146,035 ▲56.3%
3 profitable years in a row build equity to €146,035.
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 172 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2020
Ground area
90 m²
Building footprint
79 m²
Volume, LiDAR
1,002 m³
Parcel 21905C0068/00R005, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PRATIK MOVERS
since 20202.304.885.393
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0068/00R005 | Brussels | 90 m² | 1 · 79 m² | 19.3 m · 5 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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Of 999 companies in sector 49420 we hold annual accounts for 450. 345 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
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748992329
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.