Movarec
0873.114.915 · rovalta.com · 23/09/2026
ACTIVE
Movarec
Financial year 2025 · closed on 31/12/2025
Net result
109,6 k €
-48.1% YoY
Gross margin
655,5 k €
-43.1% YoY
Equity
2,2 M €
+5.2% YoY
Workforce
4,0 ETP
0.0% YoY
Overview
What does Movarec do?
Movarec is a Private limited company incorporated in 2005. Its registered office is in Tielt. It employs on average 4,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0873.114.915
Incorporation
12/04/2005
Legal form
Private limited company
Registered office
Steenovenstraat 98
8760 Tielt · FlandreSee on map
8760 Tielt · FlandreSee on map
Contributed capital
245 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (3)
- 124
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 655,5 k € | -43.1% | 1,2 M € | -7.3% | 1,2 M € | -23.4% | 1,6 M € | +33.2% | 1,2 M € | -18.0% | 1,5 M € | +24.8% | 1,2 M € | +19.2% | 998 k € | +45.9% | 684 k € | +15.7% | 591,2 k € | +28.3% | 460,7 k € | -8.4% | 503,2 k € | +235% | 150,1 k € | -6.9% | 161,2 k € | +97.4% | 81,7 k € | -52.2% | 170,9 k € | +219% | 53,6 k € | +413% | -17,1 k € |
| EBITDA | 481,2 k € | -46.2% | 895 k € | -3.2% | 925 k € | -35.7% | 1,4 M € | +41.2% | 1 M € | -18.2% | 1,2 M € | +25.2% | 994,7 k € | +27.6% | 779,8 k € | +81.7% | 429,1 k € | +4.0% | 412,5 k € | +10.6% | 373 k € | -3.6% | 387 k € | +288% | 99,8 k € | +7.5% | 92,8 k € | +244% | 27 k € | -75.5% | 110 k € | +168% | 41,1 k € | +334% | -17,5 k € |
| Operating result | 86,4 k € | -76.4% | 366,1 k € | -0.3% | 367,1 k € | -63.6% | 1 M € | +114% | 471,2 k € | -35.3% | 728,6 k € | +25.8% | 579,3 k € | +113% | 271,7 k € | +458% | 48,7 k € | -75.1% | 195,9 k € | +67.8% | 116,8 k € | -44.7% | 211,2 k € | +156% | 82,7 k € | +6.9% | 77,3 k € | +500% | 12,9 k € | -86.4% | 94,7 k € | +258% | 26,5 k € | +176% | -34,8 k € |
| Net result | 109,6 k € | -48.1% | 211,2 k € | -34.4% | 321,9 k € | -59.1% | 787,3 k € | +113% | 369,6 k € | -36.0% | 577,9 k € | +32.6% | 435,8 k € | +109% | 208,1 k € | +265% | 57 k € | -50.4% | 115,1 k € | +23.1% | 93,5 k € | -5.9% | 99,4 k € | +139% | 41,5 k € | -1.1% | 42 k € | +929% | -5,1 k € | -107% | 70 k € | +1132% | 5,7 k € | +108% | -67 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,2 M € | +5.2% | 2,1 M € | +11.1% | 1,9 M € | +20.3% | 1,6 M € | +26.0% | 1,3 M € | +27.7% | 987,1 k € | +64.7% | 599,3 k € | +22.4% | 489,7 k € | +13.5% | 431,6 k € | +3.4% | 417,3 k € | +8.7% | 384,1 k € | +7.5% | 357,3 k € | +7.6% | 332,2 k € | +406% | 65,6 k € | +177% | 23,7 k € | -17.6% | 28,7 k € | +169% | -41,3 k € | +12.1% | -47 k € |
| Total assets | 3,4 M € | -11.4% | 3,8 M € | -17.4% | 4,6 M € | -4.9% | 4,9 M € | +44.9% | 3,4 M € | +29.2% | 2,6 M € | +9.3% | 2,4 M € | -17.2% | 2,9 M € | +48.5% | 1,9 M € | +41.4% | 1,4 M € | -11.7% | 1,5 M € | +13.6% | 1,4 M € | +65.6% | 823,6 k € | +44.5% | 570,1 k € | +8.0% | 528,1 k € | +0.6% | 524,9 k € | +3.7% | 506,4 k € | +40.6% | 360,2 k € |
| Cash | 398,3 k € | -17.6% | 483,7 k € | +217% | 152,5 k € | -78.3% | 702,4 k € | +73.1% | 405,9 k € | -55.4% | 909,3 k € | +19.4% | 761,4 k € | +22.4% | 621,9 k € | +127% | 274,1 k € | +218% | 86,3 k € | -79.9% | 429,3 k € | +91.4% | 224,3 k € | -21.0% | 284 k € | +366% | 60,9 k € | +108% | 29,3 k € | +1.2% | 28,9 k € | +22.7% | 23,6 k € | +499% | 3,9 k € |
| Debts | 972,8 k € | -35.1% | 1,5 M € | -42.9% | 2,6 M € | -16.5% | 3,1 M € | +52.9% | 2,1 M € | +31.3% | 1,6 M € | -10.0% | 1,7 M € | -23.7% | 2,3 M € | +56.6% | 1,5 M € | +61.2% | 902,6 k € | -19.2% | 1,1 M € | +16.5% | 958,7 k € | +99.1% | 481,5 k € | -4.0% | 501,5 k € | -0.6% | 504,4 k € | +1.7% | 496,2 k € | -9.4% | 547,5 k € | +34.4% | 407,3 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 4,0 ETP | 0.0% | 4,0 ETP | 0.0% | 4,0 ETP | +21.2% | 3,3 ETP | -15.4% | 3,9 ETP | -7.1% | 4,2 ETP | +2.4% | 4,1 ETP | +13.9% | 3,6 ETP | -16.3% | 4,3 ETP | +34.4% | 3,2 ETP | +100% | 1,6 ETP | +33.3% | 1,2 ETP | +50.0% | 0,8 ETP | -20.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | +233% | 0,3 ETP | – | |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 19 ended
Active mandates
Active
Active
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
DV CONVEST● Active | 0826.648.549 |
MONSERÉ SLOOP- EN GRONDWERKEN● Active | 0452.215.780 |
MOVATRANS● Active | 0865.041.149 |
SRW GROEP● Active | 0561.862.206 |
SRW HOLDING● Active | 0650.896.922 |
| 0748.687.273 | |
| 0787.579.424 | |
| 0779.987.589 | |
| 0770.915.913 | |
VEURNS RECYCLAGE BEDRIJF● Active | 0759.526.232 |
WEGENBOUW IVAN VUYLSTEKE● Active | 0411.675.918 |
| 1040.485.049 |
Financials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 07/07/2026 | 14/07/2025 | 18/07/2024 | 06/07/2023 | 11/07/2022 | 09/07/2021 |
| General meeting | 12/06/2026 | 13/06/2025 | 05/07/2024 | 09/06/2023 | 10/06/2022 | 11/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/06/2026 | 07/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 13/06/2025 | 14/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 05/07/2024 | 18/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 09/06/2023 | 06/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 10/06/2022 | 11/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/06/2021 | 09/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 12/06/2020 | 08/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 14/06/2019 | 24/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 13/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 17/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 15/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 12/06/2015 | 09/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 17/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 14/06/2013 | 11/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 26/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 01/08/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 30/06/2010 | 27/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 12/06/2009 | 07/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/07/2008 | 27/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/07/2007 | 14/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 19 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/03/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates08/01/2020MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates03/12/2018ONTSLAGEN - BENOEMINGEN
- Mandates17/03/2017ONTSLAGEN - BENOEMINGEN
- Mandates27/05/2016ONTSLAGEN - BENOEMINGEN
- Mandates05/10/2012ONTSLAGEN - BENOEMINGEN
- Capital / shares09/01/2012BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other20/04/2005RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025109,6 k €↓
- 2024Annual accounts 2024211,2 k €↓
- 2023Annual accounts 2023321,9 k €↓
- 2022Annual accounts 2022787,3 k €↑
- 2021Annual accounts 2021369,6 k €↓
- 2018Annual accounts 2018577,9 k €↑
- 2017Annual accounts 2017435,8 k €↑
- 2016Annual accounts 2016208,1 k €↑
- 2015Annual accounts 201557 k €↓
- 2014Annual accounts 2014115,1 k €↑
- 2013Annual accounts 201393,5 k €↓
- 2012Annual accounts 201299,4 k €↑
- 2011Annual accounts 201141,5 k €↓
- 2011Name changeMOVAREC
- 2010Annual accounts 201042 k €↑
- 2009Annual accounts 2009-5,1 k €↓
- 2008Annual accounts 200870 k €↑
- 2007Annual accounts 20075,7 k €↑
- 2006Annual accounts 2006-67 k €
- 2006Name changeBREEKWERF VEURNE
- 12/04/2005IncorporationPrivate limited company