WORK & MOVE
WORK & MOVE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €73k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €211k |
| Net result | €73k |
| Staff (FTE) | 5.3 |
| Better than sector | 30% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.0% | 60.0% | |
| Net result | €73k | €29k | |
| Equity | €211k | €72k | |
| Gross operating margin | €344k | €55k | |
| Staff costs | €108k | €25k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €236k | €212k | €101k | €-14k | €33k |
| Net profit | €73k | €102k | €42k | €-51k | €3k |
| Cash flow | €170k | €176k | €82k | €-22k | €29k |
| Staff costs | €108k | €81k | €56k | €41k | €9k |
| Income taxes | €19k | €6k | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €620k | €457k | €241k | €131k | €115k |
| Equity | €211k | €141k | €-25k | €-68k | €-17k |
| Debt | €409k | €315k | €267k | €198k | €132k |
| of which ≤ 1y | €192k | €185k | €173k | €98k | €52k |
| of which > 1y | €217k | €128k | €92k | €100k | €80k |
| Working capital | €-40k | €-32k | €-132k | €-71k | €-4k |
| Employees (FTE) | 5.3 | 4.4 | 3.5 | 2.3 | 0.4 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.79 | 0.83 | 0.23 | 0.28 | 0.92 |
| Quick ratio | 0.72 | 0.83 | 0.23 | 0.25 | 0.88 |
| Working capital ratio | -6.4% | -7.0% | -54.8% | -54.6% | -3.6% |
| Solvency | 34.0% | 30.9% | -10.5% | -52.0% | -14.7% |
| Debt / equity | 1.94 | 2.23 | -10.49 | -2.92 | -7.80 |
| Long-term debt ratio | 1.03 | 0.91 | -3.61 | -1.47 | -4.74 |
| Interest coverage | 5.03 | 6.98 | 5.38 | -1.89 | 8.79 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.8% | 22.3% | 17.6% | -39.0% | 3.0% |
| ROE | 34.8% | 72.0% | -167.0% | 75.1% | -20.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €620k | €457k | €241k | €131k | €115k |
| Fixed assets | 21/28 | €468k | €303k | €201k | €104k | €67k |
| Intangible fixed assets | 21 | €329k | €285k | €191k | €100k | €65k |
| Tangible fixed assets | 22/27 | €139k | €19k | €10k | €3k | €2k |
| Current assets | 29/58 | €152k | €153k | €40k | €27k | €47k |
| Stocks & contracts in progress | 3 | €14k | - | - | €2k | €2k |
| Amounts receivable within one year | 40/41 | €15k | €18k | €4k | €20k | €16k |
| Cash & bank | 54/58 | €121k | €134k | €36k | €4k | €28k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €620k | €457k | €241k | €131k | €115k |
| Equity | 10/15 | €211k | €141k | €-25k | €-68k | €-17k |
| Contributions / capital | 10/11 | €84k | €77k | €12k | €12k | €12k |
| Accumulated profits (losses) | 14 | €127k | €64k | €-38k | €-80k | €-29k |
| Amounts payable | 17/49 | €409k | €315k | €267k | €198k | €132k |
| Amounts payable after one year | 17 | €217k | €128k | €92k | €100k | €80k |
| Amounts payable within one year | 42/48 | €192k | €185k | €173k | €98k | €52k |
| Trade debts payable within one year | 44 | €43k | €108k | €80k | €25k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €344k | €294k | €157k | €28k | €44k |
| Operating result | 9901 | €139k | €138k | €61k | €-43k | €7k |
| Financial income | 75 | €81 | €1 | €43 | €6 | €31 |
| Financial charges | 65 | €47k | €30k | €19k | €8k | €4k |
| Result before taxes | 9903 | €92k | €107k | €42k | €-51k | €3k |
| Income taxes | 67/77 | €19k | €6k | - | - | - |
| Net result for the period | 9904 | €73k | €102k | €42k | €-51k | €3k |
| Result to be appropriated | 9905 | €73k | €102k | €42k | €-51k | €3k |
-
TERRANOVA CarmeloDirectorState Gazette act 23467322 (20-12-2023)Current20-12-2023 → present
| NACE primary | Other information technology and computer services(62900) |
| Legal form | Private limited company(610) |
| Incorporation | 06-07-2017 |
| Status | Active |
| Postal code | 7340 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53079A0187/00H002 | Wallonia | 324 m² | 1 · 80 m² | 10.4 m · 2 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-09-2024 Capital increase of €65,000 to €65,000
- €0 → €65.000
- Inbreng in geld · Apport en numéraire
Technical details
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"filing_date": "2024-09-26",
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"underlying_resolution_date": "2024-09-16"
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}20-12-2023 TERRANOVA Carmelo appointed as director
- TERRANOVA Carmelo, Bestuurder
Technical details
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}| Legal nameFR | WORK & MOVE |