URBAN MOVE

Active

Private limited companyfounded 20169 yrs activeHauthem 64, 3320 Hoegaarden, BelgiumKBO/BCE: BE 0666.664.667

The computed 12-month bankruptcy probability of URBAN MOVE is 2.6% (moderate). The 2024 annual accounts show negative equity (€-6k) and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 6717 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

26 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-28

Solvency16▼-39

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.87 against 1.03 in 2023; short-term debt: 71.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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

-8.7%

Return on assets

-41.9%

Age of the figures

21 mo

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 €-6k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 8 filings

Deviation from the deadline

2025

not confirmed

2024

67 d late

2023

36 d early

2022

31 d late

2021

18 d late

2020

44 d late

2019

24 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€-6k

2023 · €22k

2018: €13k 2019: €15k 2020: €4k 2021: €5k 2022: €29k 2023: €22k

2018 → 2024

Total assets

€67k▼ 10.3%

2023 · €75k

2018: €78k 2019: €74k 2020: €69k 2021: €71k 2022: €65k 2023: €75k

2018 → 2024

Net result

€-28k▼ 348%

2023 · €-6k

2018: €-33k 2019: €2k 2020: €-12k 2021: €1k 2022: €11k 2023: €-6k

2018 → 2024

Working capital

€-6k

2023 · €1k

2018: €-8k 2019: €5k 2020: €7k 2021: €-2k 2022: €17k 2023: €1k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€4k-€5k▲ 34.8%€29k▲ 472%€22k▼ 22.0%€-6k

Operating result€-8k-€4k€22k▲ 465%€-3k€-26k▼ 804%

Net result€-12k-€1k€11k▲ 771%€-6k€-28k▼ 348%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €26k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €67k

37.7%

62.3%

Fixed assets €25k▼ 26.8%

Current assets €42k▲ 3.9%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-17k▼

2023 · €5k

Cash flow

€-19k▼

2023 · €2k

Solvency

-8.7%▼

2023 · 29.8%

Current ratio

0.87▼

2023 · 1.03

Quick ratio

0.87▼

2023 · 1.03

Debt / equity

-12.56▼

2023 · 2.35

ROA

-41.9%▼

2023 · -8.4%

Interest coverage

-6.90▼

2023 · 2.34

Debt

€73k▲

2023 · €53k

Debt ≤ 1 year

€48k▲

2023 · €39k

Debt > 1 year

€9k▼

2023 · €13k

Staff costs

€36k▼

2023 · €41k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€75k€67k▼

Fixed assets21/28€35k€25k▼

Tangible fixed assets22/27€35k€25k▼

Furniture and vehicles24€16k€11k▼

Leasing and similar rights25€19k€14k▼

Financial fixed assets28€150€150=

Current assets29/58€40k€42k▲

Amounts receivable within one year40/41€39k€42k▲

Trade receivables40€38k€42k▲

Other amounts receivable41€1k€103▼

Deferred charges and accrued income490/1€1k-

Equity and liabilities

Total equity and liabilities10/49€75k€67k▼

Equity10/15€22k€-6k▼

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€2k€-26k▼

Amounts payable17/49€53k€73k▲

Amounts payable after more than one year17€13k€9k▼

Financial debts170/4€13k€9k▼

Amounts payable within one year42/48€39k€48k▲

Current portion of amounts payable after more than one year42€4k€16k▲

Financial debts43-€14k

Credit institutions430/8-€14k

Trade debts44€9k€3k▼

Suppliers440/4€6k€3k▼

Bills of exchange payable441€3k-

Taxes, remuneration and social security45€24k€12k▼

Taxes450/3€20k€10k▼

Remuneration and social security454/9€5k€2k▼

Other amounts payable47/48€2k€3k▲

Accrued charges and deferred income492/3-€16k

Income statement Code20232024

Remuneration, social security and pensions62€41k€36k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲

Other operating charges640/8€4k€6k▲

Gross operating margin9900€51k€25k▼

Operating profit (loss)9901€-3k€-26k▼

Financial income75/76B€39€0▼

Recurring financial income75€39€0▼

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€-5k€-28k▼

Income taxes67/77€1k-

Profit (loss) for the period9904€-6k€-28k▼

Profit (loss) for the period to be appropriated9905€-6k€-28k▼

Appropriation of the result

Profit (loss) to be appropriated9906€2k€-26k▼

Profit (loss) brought forward from the previous period14P€8k€2k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 3Filings 8

2025

06-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 67 days late

2024

25-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Highest result since 2018net €11k ▲771%

Operating result €22k, net result €11k, both a record.

18-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 18 days late

2021

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

13-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 44 days late

2020

24-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 24 days late

2019

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

28-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 28 days late

2018

10-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 10 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Hoegaarden · 1 establishment unit since 2016

establishment approximate The establishment unit on the map

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.

Hauthem 643320 Hoegaarden

Ground area

3,059 m²

Building footprint

180 m²

Volume, LiDAR

1,290 m³

Parcel 24041B0499/00S000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

URBAN MOVE

Hauthem 64, 3320 HoegaardenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20162.258.927.981

1 parcel

Flanders 1 (100%)