Moulbaix Manutention
ActiveMoulbaix Manutention has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €202k and a net result of €15k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-3
Solvency81▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.88 in 2024; short-term debt: 43.6% and cash: 25.6% of total assets), and 43.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.4%
Return on assets
4.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
5 d late
2023
on the day
2022
18 d late
2021
30 d late
2020
11 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€202k▲ 6.9%
2024 · €189k
2018: €99k
2019: €95k
2020: €119k
2021: €138k
2022: €151k
2023: €167k
2024: €189k
2018 → 2025
Total assets
€358k▲ 4.4%
2024 · €343k
2018: €275k
2019: €356k
2020: €333k
2021: €337k
2022: €300k
2023: €316k
2024: €343k
2018 → 2025
Net result
€15k▼ 33.4%
2024 · €22k
2018: €2k
2019: €-2k
2020: €25k
2021: €21k
2022: €14k
2023: €17k
2024: €22k
2018 → 2025
Working capital
€18k
2024 · €-18k
2018: €-84k
2019: €-141k
2020: €-112k
2021: €-83k
2022: €-46k
2023: €-17k
2024: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€138k-€151k▲ 9.4%€167k▲ 10.3%€189k▲ 13.3%€202k▲ 6.9%
Operating result€20k-€16k▼ 19.1%€21k▲ 31.6%€22k▲ 6.1%€18k▼ 19.4%
Net result€21k-€14k▼ 31.0%€17k▲ 17.6%€22k▲ 28.8%€15k▼ 33.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €358k
Fixed assets
€184k▼ 11.2%
Current assets
€174k▲ 28.1%
Equity and liabilities €358k
Equity
€202k▲ 6.9%
Debt
€156k▲ 1.2%
The debt ratio falls from 44.9% to 43.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €45k
Cash flow
€38k▼
2024 · €45k
Solvency
56.4%▲
2024 · 55.1%
Current ratio
1.11▲
2024 · 0.88
Quick ratio
1.11▲
2024 · 0.88
Debt / equity
0.77▼
2024 · 0.82
ROE
7.2%▼
2024 · 11.6%
ROA
4.1%▼
2024 · 6.4%
Interest coverage
548.89▼
2024 · 746.06
Debt
€156k▲
2024 · €154k
Debt ≤ 1 year
€156k▲
2024 · €154k
Income taxes
€5k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€343k€358k▲
Fixed assets21/28€207k€184k▼
Tangible fixed assets22/27€207k€184k▼
Land and buildings22€160k€136k▼
Plant, machinery and equipment23€47k€48k▲
Current assets29/58€136k€174k▲
Amounts receivable within one year40/41€9k€80k▲
Trade receivables40€6k€79k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€125k€92k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€343k€358k▲
Equity10/15€189k€202k▲
Contributions10/11€75k€75k=
Capital10€75k-
Issued capital100€75k-
Reserves13€99k€99k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€41€15k▲
Investment grants15€15k€14k▼
Amounts payable17/49€154k€156k▲
Amounts payable within one year42/48€154k€156k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€148k€149k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8-€2k
Gross operating margin9900€45k€43k▼
Operating profit (loss)9901€22k€18k▼
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€61€75▲
Recurring financial charges65€61€75▲
Profit (loss) for the period before taxes9903€28k€20k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€22k€15k▼
Profit (loss) for the period to be appropriated9905€22k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€15k▼
Profit (loss) brought forward from the previous period14P€74€41▼
Transfer to equity691/2€22k-
To other reserves6921€22k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €202k ▲6.9%
6 profitable years in a row build equity to €202k.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Equity above €150kEq €151k ▲9.4%
3 profitable years in a row build equity to €151k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Equity above €100kEq €119k ▲24.8%
Equity rises from €95k to €119k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼187%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Adhémar Maréchal(Mou) 467812 AthGround area
938 m²
Building footprint
170 m²
Volume, LiDAR
896 m³
Parcel 51044A0150/00K000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MOULBAIX MANUTENTION
since 20112.201.544.365
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51044A0150/00K000 | Wallonia | 938 m² | 1 · 170 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RUNWAY VINTAGE
BE 0719.305.775
Elsene · Eq €202k
Ianna
BE 0446.839.408
Kasterlee · Eq €202k
CUPOLA
BE 0843.181.705
Temse · Eq €202k
DIGICOM BELGIUM
BE 0473.835.201
Sint-Genesius-Rode · Eq €201k
BC - TRADE
BE 0446.677.575
Kruisem · Eq €203k
Of 4,426 companies in sector 46180 we hold annual accounts for 1,886. 1,358 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2011
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:068/28.27.91