ACTIVE

Moovartes

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Financial year 2025 · closed on 30/09/2025

Net result

899,1 k €

-16.5% YoY

Gross margin

1,8 M €

-10.4% YoY

Equity

1,5 M €

-16.8% YoY

Workforce

8,4 ETP

+3.7% YoY

What does Moovartes do?

Moovartes is a Private limited company incorporated in 1988. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Genk. It employs on average 8,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.793.403

Incorporation

18/03/1988

Legal form

Private limited company

Registered office

Toekomstlaan 16
3600 Genk · FlandreSee on map

Contributed capital

5 483,49 €

Latest accounts

30/09/2025

Average workforce

8,4 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 51460Air transport

Joint committees (3)

10000
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,8 M €	-10.4%	2 M €	-1.9%	2 M €	-36.1%	3,2 M €	+124%	1,4 M €	+2.0%	1,4 M €	-2.7%	1,4 M €	+17.9%	1,2 M €	+24.3%	969,5 k €	+18.6%	817,5 k €	+32.1%	618,9 k €	-13.8%	717,7 k €	+40.0%	512,6 k €	+7.3%	477,6 k €	+18.6%	402,7 k €	-10.3%	449,1 k €	+170%	166,2 k €	-79.1%	794 k €
EBITDA	1,2 M €	-14.2%	1,4 M €	+2.2%	1,4 M €	-41.4%	2,4 M €	+158%	929,8 k €	+3.1%	902,2 k €	-0.9%	910 k €	+31.7%	691,2 k €	+55.4%	444,7 k €	+9.3%	406,9 k €	+71.6%	237,1 k €	-23.1%	308,5 k €	+134%	131,6 k €	-15.4%	155,5 k €	-10.7%	174,2 k €	+8.1%	161,1 k €	+498%	-40,5 k €	-107%	592,1 k €
Operating result	1,2 M €	-15.6%	1,4 M €	+6.3%	1,3 M €	-43.4%	2,3 M €	+171%	846,5 k €	+8.5%	780 k €	+8.6%	718 k €	+25.6%	571,6 k €	+72.6%	331,1 k €	-28.3%	461,8 k €	+222%	143,6 k €	-23.2%	186,8 k €	+599%	26,7 k €	+136%	-73,8 k €	-264%	44,9 k €	-32.0%	66,1 k €	+141%	-161 k €	-131%	519,6 k €
Net result	899,1 k €	-16.5%	1,1 M €	-5.9%	1,1 M €	-28.6%	1,6 M €	+157%	622,4 k €	-1.1%	629,4 k €	+7.9%	583,5 k €	+41.7%	411,8 k €	+95.0%	211,2 k €	-26.0%	285,5 k €	+109%	136,9 k €	-24.2%	180,6 k €	+234%	54 k €	+202%	-53,1 k €	-208%	48,9 k €	-25.6%	65,7 k €	+149%	-132,8 k €	-127%	489,7 k €
Balance sheet
Equity	1,5 M €	-16.8%	1,8 M €	-57.4%	4,2 M €	-15.4%	5 M €	+35.5%	3,7 M €	+20.5%	3 M €	+12.1%	2,7 M €	+11.7%	2,4 M €	+12.1%	2,2 M €	+20.8%	1,8 M €	+18.9%	1,5 M €	-8.2%	1,6 M €	-5.0%	1,7 M €	+3.2%	1,7 M €	-3.1%	1,7 M €	+2.9%	1,7 M €	+4.1%	1,6 M €	-7.6%	1,7 M €
Total assets	3,2 M €	-5.1%	3,3 M €	-34.8%	5,1 M €	-9.2%	5,6 M €	+37.6%	4,1 M €	+10.8%	3,7 M €	+11.2%	3,3 M €	+2.6%	3,2 M €	+13.6%	2,8 M €	+13.1%	2,5 M €	-1.8%	2,6 M €	+6.6%	2,4 M €	-5.8%	2,6 M €	-8.7%	2,8 M €	+25.6%	2,2 M €	+7.3%	2,1 M €	+18.4%	1,8 M €	-25.2%	2,3 M €
Cash	444,5 k €	-43.8%	790,8 k €	+35.8%	582,2 k €	-40.7%	982,1 k €	-41.6%	1,7 M €	+38.6%	1,2 M €	+64.4%	737,9 k €	-23.6%	965,9 k €	+58.5%	609,3 k €	+9.5%	556,5 k €	-11.6%	629,2 k €	+27.1%	495 k €	-29.1%	698 k €	-29.2%	985,9 k €	-3.2%	1 M €	-7.1%	1,1 M €	+54.8%	708,3 k €	-29.0%	998 k €
Debts	1,7 M €	+8.5%	1,5 M €	+70.6%	902,8 k €	+37.5%	656,5 k €	+55.4%	422,4 k €	-34.7%	646,8 k €	+7.3%	603 k €	-17.2%	728,1 k €	+7.4%	677,8 k €	-6.0%	721,2 k €	-31.5%	1,1 M €	+39.1%	756,4 k €	-7.5%	817,5 k €	-25.9%	1,1 M €	+141%	458,7 k €	+30.4%	351,9 k €	+205%	115,4 k €	-79.4%	559,1 k €
Other
Workforce	8,4 ETP	+3.7%	8,1 ETP	-9.0%	8,9 ETP	-4.3%	9,3 ETP	+6.9%	8,7 ETP	+1.2%	8,6 ETP		–		7,7 ETP	+16.7%	6,6 ETP	+29.4%	5,1 ETP	+8.5%	4,7 ETP	-7.8%	5,1 ETP	-12.1%	5,8 ETP	+7.4%	5,4 ETP	+3.8%	5,2 ETP	-20.0%	6,5 ETP	+14.0%	5,7 ETP	-1.7%	5,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 14 ended

Active mandates

DOMEIN DE RICHTER

Director · since 22 février 2018 · 0462.093.350

Represented by THIJS LUC

Active

Ended mandates

DOMEIN DE RICHTER

Director · since 22 février 2018 · 0462.093.350

Represented by THIJS LUC

Ended

DOMEIN DE RICHTER

Manager · 0462.093.350

Represented by Luc Thijs

Ended

DOMEIN DE RICHTER

Manager · 0462.093.350

Represented by Luc Thijs

Ended

DOMEIN DE RICHTER

Director · 0462.093.350

Represented by Luc Thijs

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP THIJS● Active	1027.193.871
HERMES SPOOR● Active	0770.880.873

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/02/2026	31/03/2025	18/01/2024	06/06/2023	17/03/2022	12/04/2021
General meeting	16/02/2026	27/03/2025	12/01/2024	05/06/2023	28/02/2022	22/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	16/02/2026	20/02/2026	Dutch	PDF
Abridged model	30/09/2024	27/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	12/01/2024	18/01/2024	Dutch	PDF
Abridged model	30/09/2022	05/06/2023	06/06/2023	Dutch	PDF
Abridged model	30/09/2021	28/02/2022	17/03/2022	Dutch	PDF
Abridged model	30/09/2020	22/03/2021	12/04/2021	Dutch	PDF
Abridged model	30/09/2019	24/02/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	11/04/2019	27/05/2019	Dutch	PDF
Abridged model	30/09/2017	19/03/2018	24/04/2018	Dutch	PDF
Abridged model	30/09/2016	27/02/2017	27/04/2017	Dutch	PDF
Abridged model	30/09/2015	28/04/2016	27/05/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	27/03/2015	Dutch	PDF
Abridged model	30/09/2013	31/03/2014	29/04/2014	Dutch	PDF
Abridged model	30/09/2012	25/02/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	27/02/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	28/02/2011	04/04/2011	Dutch	PDF
Abridged model	30/09/2009	25/02/2010	21/04/2010	Dutch	PDF
Abridged model	30/09/2008	23/02/2009	27/04/2009	Dutch	PDF
Abridged model	30/09/2007	25/02/2008	24/04/2008	Dutch	PDF
Abridged model	30/09/2006	26/02/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 14 ended

Active mandates

DOMEIN DE RICHTER

Director · since 22 février 2018 · 0462.093.350

Represented by THIJS LUC

Active

Ended mandates

DOMEIN DE RICHTER

Director · since 22 février 2018 · 0462.093.350

Represented by THIJS LUC

Ended

DOMEIN DE RICHTER

Manager · 0462.093.350

Represented by Luc Thijs

Ended

DOMEIN DE RICHTER

Manager · 0462.093.350

Represented by Luc Thijs

Ended

DOMEIN DE RICHTER

Director · 0462.093.350

Represented by Luc Thijs

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring04/06/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/02/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2016
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025899,1 k €↓
2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20231,1 M €↓
2023
Name changeMOOVARTES
2022
Annual accounts 20221,6 M €↑
2022
Name changeSPROFIT
2021
Annual accounts 2021622,4 k €↓
2020
Annual accounts 2020629,4 k €↑
2019
Annual accounts 2019583,5 k €↑
2018
Annual accounts 2018411,8 k €↑
2017
Annual accounts 2017211,2 k €↓
2015
Annual accounts 2015285,5 k €↑
2014
Annual accounts 2014136,9 k €↓
2013
Annual accounts 2013180,6 k €↑
2012
Annual accounts 201254 k €↑
2011
Annual accounts 2011-53,1 k €↓
2010
Annual accounts 201048,9 k €↓
2009
Annual accounts 200965,7 k €↑
2008
Annual accounts 2008-132,8 k €↓
2007
Annual accounts 2007489,7 k €
18/03/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Moovartes

Overview

What does Moovartes do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline