ACTIVE

MoveUP

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Financial year 2024 · closed on 31/12/2024
Net result
-744,1 k €
+60.6% YoY
Gross margin
324,5 k €
+136.9% YoY
Equity
5,2 M €
-7.4% YoY
Workforce
15,3 ETP
-16.8% YoY

What does MoveUP do?

MoveUP is a Public limited company incorporated in 2015. Its main activity is: Manufacture of irradiation, electromedical and electrotherapeutic equipment. Its registered office is in Bruxelles. It employs on average 15,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0643.795.235
Incorporation
02/12/2015
Legal form
Public limited company
Registered office
Cantersteen 47
1000 Bruxelles · BruxellesSee on map
Contributed capital
9 075 100,90 €
Latest accounts
31/12/2024
Average workforce
15,3 ETP
Activities (NACE)
26600Manufacture of irradiation, electromedical and electrotherapeutic equipment· main26600Manufacture of irradiation, electromedical and electrotherapeutic equipment62010Computer programming activities62100Computer programming, consultancy and related activities26510Manufacture of instruments and appliances for measuring, testing and navigation26510Manufacture of instruments and appliances for measuring, testing and navigation+7
Joint committees (1)
  • 227
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201820172016
Income statement
Gross margin324,5 k €-880,6 k €-396,4 k €47,8 k €213,2 k €-87,5 k €23,3 k €-50,5 k €
EBITDA-623,6 k €-1,9 M €-1,1 M €-538,3 k €-78,4 k €-412,6 k €-77,9 k €-51,5 k €
Operating result-1,3 M €-2,4 M €-1,5 M €-832 k €-272,4 k €-523,5 k €-141,9 k €-69,8 k €
Net result-744,1 k €-1,9 M €-1,4 M €-783,8 k €-234,3 k €-524,3 k €-142,4 k €-69,8 k €
Balance sheet
Equity5,2 M €5,6 M €3 M €3,5 M €704,6 k €767,5 k €38,3 k €109,7 k €
Total assets7 M €7,3 M €3,5 M €4,1 M €2,8 M €924,8 k €391,4 k €400,1 k €
Cash1,2 M €817,5 k €437,1 k €1,7 M €299,4 k €91,5 k €94,8 k €322,9 k €
Debts472,6 k €595,2 k €517,5 k €291,3 k €700,3 k €157,3 k €353,1 k €290,4 k €
Other
Workforce15,3 ETP18,4 ETP12,6 ETP8,8 ETP5,3 ETP7,1 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 7 active · 21 ended

Active mandates

Marleen Limbourg

Director · since 14 avril 2025 · until 30 juin 2026 · 0551.916.241

Represented by Marleen Limbourg

Active
Ciaran MC Court

Director · since 30 janvier 2023 · until 30 juin 2028

Active
AMBUSCO

Director · since 19 mai 2021 · until 30 juin 2026 · 0463.417.104

Represented by Francis Ampe

Active
BAM CONSULT

Director · since 19 mai 2021 · until 10 avril 2025 · 0681.719.958

Represented by Philippe Stas

Active
Charles-Eric Winandy

Director · since 19 mai 2021 · until 30 juin 2026

Active
Karista BV

Director · since 19 mai 2021 · until 30 juin 2026 · 0764.335.749

Represented by Baudouin Hue

Active
Ward Servaes

Director · since 19 mai 2021 · until 30 juin 2026

Active

Ended mandates

AMBUSCO

Director · since 19 mai 2021 · until 31 mai 2026 · 0463.417.104

Represented by Francis Ampe

Ended
BAM CONSULT

Director · since 19 mai 2021 · until 31 mai 2026 · 0681.719.958

Represented by Philippe Stas

Ended
BAM CONSULT

Director · since 19 mai 2021 · until 30 juin 2026 · 0681.719.958

Represented by Philippe Stas

Ended
Charles-Eric Winandy

Director · since 19 mai 2021 · until 31 mai 2026

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/10/202522/08/202414/07/202305/07/202231/08/202116/07/2020
General meeting15/10/202526/06/202430/06/202330/06/202202/08/202124/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202415/10/202520/10/2025DutchPDF
Abridged model31/12/202326/06/202422/08/2024DutchPDF
Abridged model31/12/202230/06/202314/07/2023DutchPDF
Abridged model31/12/202130/06/202205/07/2022DutchPDF
Abridged model31/12/202002/08/202131/08/2021DutchPDF
Abridged model31/12/201924/06/202016/07/2020DutchPDF
Abridged model31/12/201805/06/201921/06/2019DutchPDF
Micro model31/12/201731/05/201811/06/2018DutchPDF
Abridged model31/12/201631/05/201709/06/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 7 active · 21 ended

Active mandates

Marleen Limbourg

Director · since 14 avril 2025 · until 30 juin 2026 · 0551.916.241

Represented by Marleen Limbourg

Active
Ciaran MC Court

Director · since 30 janvier 2023 · until 30 juin 2028

Active
AMBUSCO

Director · since 19 mai 2021 · until 30 juin 2026 · 0463.417.104

Represented by Francis Ampe

Active
BAM CONSULT

Director · since 19 mai 2021 · until 10 avril 2025 · 0681.719.958

Represented by Philippe Stas

Active
Charles-Eric Winandy

Director · since 19 mai 2021 · until 30 juin 2026

Active
Karista BV

Director · since 19 mai 2021 · until 30 juin 2026 · 0764.335.749

Represented by Baudouin Hue

Active
Ward Servaes

Director · since 19 mai 2021 · until 30 juin 2026

Active

Ended mandates

AMBUSCO

Director · since 19 mai 2021 · until 31 mai 2026 · 0463.417.104

Represented by Francis Ampe

Ended
BAM CONSULT

Director · since 19 mai 2021 · until 31 mai 2026 · 0681.719.958

Represented by Philippe Stas

Ended
BAM CONSULT

Director · since 19 mai 2021 · until 30 juin 2026 · 0681.719.958

Represented by Philippe Stas

Ended
Charles-Eric Winandy

Director · since 19 mai 2021 · until 31 mai 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2024
    DIVERSEN
    PDF
  • Other06/11/2023
    DIVERSEN
    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

Timeline

  1. 2024
    Annual accounts 2024-744,1 k €↑
  2. 2023
    Annual accounts 2023-1,9 M €↓
  3. 2022
    Annual accounts 2022-1,4 M €↓
  4. 2021
    Annual accounts 2021-783,8 k €↓
  5. 2020
    Annual accounts 2020-234,3 k €↑
  6. 2018
    Annual accounts 2018-524,3 k €↓
  7. 2017
    Annual accounts 2017-142,4 k €↓
  8. 2016
    Annual accounts 2016-69,8 k €
  9. 02/12/2015
    IncorporationPublic limited company