ACTIVE

Movate Belgium

Financial year 2025 · Closed on 31/03/2025

Net result35 k €+433,5 %over 1 year
Gross margin10,7 k €+134,5 %over 1 year
Equity1 M €+3,5 %over 1 year

Identity

Source · BCE/KBO

Movate Belgium is a Private limited company incorporated in 2016. Its main activity is: Computer programming activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0645.868.065
Incorporation
12/01/2016
Legal form
Private limited company
Registered office
Square de Meeûs 35
1000 Bruxelles · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/03/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 9 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin10,7 k €-31,2 k €-34,4 k €-13 k €120,4 k €
EBITDA9,8 k €-32,1 k €-35,3 k €-13,9 k €120 k €
Operating result9,8 k €-32,1 k €-35,3 k €-13,9 k €120 k €
Net result35 k €6,6 k €-6 k €2,4 k €51,9 k €
Balance sheet
Equity1 M €994 k €987,5 k €993,5 k €991,1 k €
Total assets1,2 M €1,5 M €1,1 M €1,1 M €1,1 M €
Cash635,9 k €344,8 k €68,9 k €372,2 k €3,7 k €
Debts123 k €491,4 k €141,8 k €106,8 k €117,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 16 ended

Active mandates

Jay SAHAL

Director · since 10 janvier 2025

Active
Anish PHILIP

Director · since 09 mai 2022

Active

Ended mandates

Ramaseshan KOTHANDARAMAN

Director · since 19 août 2022

Ended
Ashok PHILIPOSE

Director · since 09 mai 2022

Ended
Satyanarayanan Visvanathan

Director · since 31 mars 2021

Ended
Satyanarayanan VISVANATHAN

Director · since 31 mars 2021 · until 13 mai 2022

Ended

Other companies at this address

Square de Meeûs 35 1000 Bruxelles
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ALAMBIX● Active
0720.964.871
ALETCOS.FINA● Active
1026.323.346
0434.632.848
0628.848.723
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1012.990.794
0652.643.813
0809.626.138
APER TB BRUGES● Active
0792.989.549
ARCHIE● Active
0730.867.383
Artelys Belgium● Active
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ASARAYA● Active
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0770.820.594
0446.286.409

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/10/202530/09/202427/10/202320/10/202230/09/202116/09/2020
General meeting30/09/202510/09/202429/09/202326/09/202223/09/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202502/10/2025DutchPDF
Abridged model31/03/202410/09/202430/09/2024DutchPDF
Abridged model31/03/202329/09/202327/10/2023DutchPDF
Abridged model31/03/202226/09/202220/10/2022DutchPDF
Abridged model31/03/202123/09/202130/09/2021DutchPDF
Abridged model31/03/202008/09/202016/09/2020DutchPDF
Abridged model31/03/201910/09/201917/09/2019DutchPDF
Abridged model31/03/201828/09/201810/10/2018DutchPDF
Abridged model31/03/201730/09/201704/10/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 16 ended

Active mandates

Jay SAHAL

Director · since 10 janvier 2025

Active
Anish PHILIP

Director · since 09 mai 2022

Active

Ended mandates

Ramaseshan KOTHANDARAMAN

Director · since 19 août 2022

Ended
Ashok PHILIPOSE

Director · since 09 mai 2022

Ended
Satyanarayanan Visvanathan

Director · since 31 mars 2021

Ended
Satyanarayanan VISVANATHAN

Director · since 31 mars 2021 · until 13 mai 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/04/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202535 k €↑
  2. 2024
    Annual accounts 20246,6 k €↑
  3. 2023
    Annual accounts 2023-6 k €↓
  4. 2022
    Annual accounts 20222,4 k €↓
  5. 2021
    Annual accounts 202151,9 k €↓
  6. 2020
    Annual accounts 2020331,3 k €↑
  7. 2019
    Annual accounts 2019306,9 k €↑
  8. 2018
    Annual accounts 2018267,6 k €↑
  9. 2017
    Annual accounts 201720,9 k €
  10. 12/01/2016
    IncorporationPrivate limited company