ACTIVE

MOVAN

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Financial year 2025 · closed on 31/03/2025

Net result

10,5 k €

-6.5% YoY

Gross margin

82,1 k €

+40.9% YoY

Equity

847,7 k €

+1.2% YoY

Workforce

0,0 ETP

What does MOVAN do?

MOVAN is a Private limited company incorporated in 1996. Its main activity is: Activities of holding companies. Its registered office is in Bilzen-Hoeselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.627.570

Incorporation

30/12/1996

Legal form

Private limited company

Registered office

Reekstraat 165
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

14 197,33 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 35110Production of electricity 35110Production of electricity 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	82,1 k €	+40.9%	58,3 k €	-42.8%	102 k €	+9.7%	92,9 k €	-74.3%	361,9 k €	-4.0%	377 k €	-13.4%	435,4 k €	+13.5%	383,6 k €	-12.1%	436,7 k €	+2.0%	428,2 k €	+67.5%	255,6 k €	+12.6%	227 k €	+104%	111,2 k €	+414%	21,7 k €
EBITDA	62,3 k €	+12.7%	55,3 k €	-43.3%	97,5 k €	+10.5%	88,2 k €	-58.8%	213,9 k €	-5.9%	227,3 k €	-32.0%	334,4 k €	+55.8%	214,7 k €	+26.0%	170,5 k €	-6.3%	181,9 k €	+9.0%	166,9 k €	+2.4%	163 k €	+49.3%	109,2 k €	+464%	19,3 k €
Operating result	48,8 k €	+28.3%	38 k €	-47.8%	72,8 k €	+52.2%	47,8 k €	-72.1%	171,4 k €	-8.6%	187,5 k €	-36.3%	294,3 k €	+67.6%	175,6 k €	+35.6%	129,5 k €	-7.1%	139,4 k €	-12.5%	159,4 k €	+3.6%	153,8 k €	+58.9%	96,8 k €	+1182%	7,6 k €
Net result	10,5 k €	-6.5%	11,2 k €	-96.3%	300,9 k €	+8301%	3,6 k €	-96.7%	109,5 k €	+65.9%	66 k €	-47.7%	126,1 k €	+44.4%	87,3 k €	+60.9%	54,3 k €	-11.1%	61,1 k €	-21.2%	77,4 k €	+8.5%	71,4 k €	+77.2%	40,3 k €	+1837%	2,1 k €
Balance sheet
Equity	847,7 k €	+1.2%	837,2 k €	+1.4%	826,1 k €	+2.6%	805,1 k €	+32.9%	605,9 k €	+8.9%	556,4 k €	+13.5%	490,5 k €	+17.8%	416,4 k €	+26.5%	329,1 k €	+19.8%	274,8 k €	+28.6%	213,7 k €	+56.8%	136,3 k €	+110%	64,9 k €	+164%	24,6 k €
Total assets	1,6 M €	+7.6%	1,5 M €	-10.5%	1,6 M €	-7.4%	1,8 M €	+37.9%	1,3 M €	+0.3%	1,3 M €	+8.2%	1,2 M €	+12.1%	1,1 M €	-3.0%	1,1 M €	+4.2%	1 M €	+12.0%	932,1 k €	-1.0%	941,4 k €	+4.4%	902 k €	+868%	93,2 k €
Cash	42,2 k €	+645%	5,7 k €	-28.1%	7,9 k €	-57.6%	18,6 k €	+112%	8,8 k €	-66.5%	26,3 k €	+25.5%	20,9 k €	-43.1%	36,8 k €	+39.5%	26,3 k €	+37.7%	19,1 k €	+3348%	555 €	-78.3%	2,6 k €	-26.3%	3,5 k €	-78.8%	16,4 k €
Debts	698,5 k €	+15.2%	606,2 k €	-23.3%	790,9 k €	-16.9%	951,4 k €	+52.5%	623,9 k €	+1.7%	613,7 k €	-11.4%	692,7 k €	+8.4%	639,1 k €	-15.8%	759 k €	-1.4%	769,4 k €	+7.1%	718,4 k €	-10.8%	805,1 k €	-3.3%	832,7 k €	+1113%	68,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		2,8 ETP	-15.2%	3,3 ETP	+43.5%	2,3 ETP	-34.3%	3,5 ETP	-41.7%	6,0 ETP	+30.4%	4,6 ETP	+53.3%	3,0 ETP	+114%	1,4 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 2 ended

Active mandates

Gilberte Vanhees

Director

Active

Luc Moors

Director

Active

Ended mandates

Gilberte Vanhees

Manager

Ended

Luc Moors

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
BM ELLAAN● Active	0720.820.064
MOLEEN● Active	1002.201.921
MoPa● Active	1034.594.377

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2025	31/10/2024	28/11/2023	31/10/2022	04/10/2021	03/11/2020
General meeting	29/10/2025	31/10/2024	27/11/2023	31/10/2022	06/09/2021	07/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	29/10/2025	31/10/2025	Dutch	PDF
Abridged model	31/03/2024	31/10/2024	31/10/2024	Dutch	PDF
Abridged model	31/03/2023	27/11/2023	28/11/2023	Dutch	PDF
Abridged model	31/03/2022	31/10/2022	31/10/2022	Dutch	PDF
Abridged model	31/03/2021	06/09/2021	04/10/2021	Dutch	PDF
Abridged model	31/03/2020	07/09/2020	03/11/2020	Dutch	PDF
Abridged model	31/03/2019	02/09/2019	31/10/2019	Dutch	PDF
Abridged model	31/03/2018	03/09/2018	13/11/2018	Dutch	PDF
Abridged model	31/03/2017	04/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	05/09/2016	10/11/2016	Dutch	PDF
Abridged model	31/03/2015	23/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	29/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	16/09/2013	01/10/2013	Dutch	PDF
Abridged model	31/03/2012	03/09/2012	26/09/2012	Dutch	PDF
Abridged model	31/03/2011	05/09/2011	20/09/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	11/05/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	15/05/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	14/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/03/2025 · 2 active · 2 ended

Active mandates

Gilberte Vanhees

Director

Active

Luc Moors

Director

Active

Ended mandates

Gilberte Vanhees

Manager

Ended

Luc Moors

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other08/12/2022
DIVERSEN
PDF
Mandates11/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/01/2014
KAPITAAL - AANDELEN
PDF
Other03/12/2010
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202510,5 k €↓
2024
Annual accounts 202411,2 k €↓
2023
Annual accounts 2023300,9 k €↑
2022
Annual accounts 20223,6 k €↓
2016
Annual accounts 2016109,5 k €↑
2015
Annual accounts 201566 k €↓
2014
Annual accounts 2014126,1 k €↑
2013
Annual accounts 201387,3 k €↑
2012
Annual accounts 201254,3 k €↓
2011
Annual accounts 201161,1 k €↓
2009
Annual accounts 200977,4 k €↑
2008
Annual accounts 200871,4 k €↑
2007
Annual accounts 200740,3 k €↑
2006
Annual accounts 20062,1 k €
30/12/1996
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

MOVAN

Overview

What does MOVAN do?

Trend over 14 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