What does MOVETHERM do?

MOVETHERM is a wholesaler in Ieper. Public Limited, started on 23 February 1988, 1 establishment.

What is the address of MOVETHERM?

The registered office of MOVETHERM is located at Paddevijverstraat 56, 8900 Ieper.

Is MOVETHERM still active?

Yes. According to the CBE (29 October 2026) MOVETHERM is active, legal situation “Normale toestand”, started on 23 February 1988.

Is MOVETHERM registered on Peppol?

Yes, MOVETHERM is registered on the Peppol network with ID 0208:0433561690.

What is the enterprise number of MOVETHERM?

The enterprise number of MOVETHERM is BE0433561690.

When was MOVETHERM founded?

MOVETHERM was founded on 23 February 1988.

Who are the directors of MOVETHERM?

According to the 2025 annual accounts, the directors of MOVETHERM are: René Mortier, Kristof Mortier, Anja Vanhoorneweder.

Is MOVETHERM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 February 1988; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MOVETHERM make in 2025?

MOVETHERM posted a profit after taxes of € 24,005 in financial year 2025.

What is the revenue of MOVETHERM?

As a small company, MOVETHERM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 66,733.

MOVETHERM (Public Limited) - Ieper - BE0433561690

Dossier MOVETHERM, printed on 29 October 2026 from databakkes.be/en/0433561690/movetherm. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MOVETHERM from Ieper, company number BE0433561690, closed financial year 2025 with a result of € 24,005 after tax. For that financial year MOVETHERM recorded a gross margin of € 66,733 and equity of € 289,368. Compared with financial year 2024, the result moved from € 41,002 to € 24,005. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.

What it is worth Growing

€ 289,368

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 24,005

▼ 41% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 56,932

▲ € 56,829 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 59,968.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 50,000

▼ 23% vs 2024

€ 15,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 855

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,428

▲ 66% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 60,789 Gross margin 2022: € 60,789 First fiscal year in the series	€ 68,235 Gross margin 2023: € 68,235 ▲ 12% vs 2022 (€ 60,789) Favourable step	€ 74,094 Gross margin 2024: € 74,094 ▲ 9% vs 2023 (€ 68,235) Favourable step	€ 66,733 Gross margin 2025: € 66,733 ▼ 10% vs 2024 (€ 74,094) Unfavourable step	▼ 10%
Profit after taxes	€ 16,215 Profit after taxes 2022: € 16,215 First fiscal year in the series	€ 32,813 Profit after taxes 2023: € 32,813 ▲ 102% vs 2022 (€ 16,215) Favourable step	€ 41,002 Profit after taxes 2024: € 41,002 ▲ 25% vs 2023 (€ 32,813) Favourable step	€ 24,005 Profit after taxes 2025: € 24,005 ▼ 41% vs 2024 (€ 41,002) Unfavourable step	▼ 41%
Equity	€ 191,548 Equity 2022: € 191,548 First fiscal year in the series	€ 224,361 Equity 2023: € 224,361 ▲ 17% vs 2022 (€ 191,548) Favourable step	€ 265,363 Equity 2024: € 265,363 ▲ 18% vs 2023 (€ 224,361) Favourable step	€ 289,368 Equity 2025: € 289,368 ▲ 9% vs 2024 (€ 265,363) Favourable step	▲ 9%
Total debts	€ 181,996 Total debts 2022: € 181,996 First fiscal year in the series	€ 125,827 Total debts 2023: € 125,827 ▼ 31% vs 2022 (€ 181,996) Favourable step	€ 78,032 Total debts 2024: € 78,032 ▼ 38% vs 2023 (€ 125,827) Favourable step	€ 55,581 Total debts 2025: € 55,581 ▼ 29% vs 2024 (€ 78,032) Favourable step	▼ 29%
Cash	-	€ 383 Cash 2023: € 383 First fiscal year in the series	€ 103 Cash 2024: € 103 ▼ 73% vs 2023 (€ 383) Unfavourable step	€ 56,932 Cash 2025: € 56,932 ▲ € 56,829 vs 2024 (€ 103) Favourable step	▲ € 56,829
Land & buildings	€ 340,526 Land & buildings 2022: € 340,526 First fiscal year in the series	€ 318,732 Land & buildings 2023: € 318,732 ▼ 6% vs 2022 (€ 340,526) Unchanged	€ 296,938 Land & buildings 2024: € 296,938 ▼ 7% vs 2023 (€ 318,732) Unchanged	€ 275,144 Land & buildings 2025: € 275,144 ▼ 7% vs 2024 (€ 296,938) Unchanged	▼ 7%
Retained profit	€ -37,852 Retained profit 2022: € -37,852 First fiscal year in the series	€ -5,039 Retained profit 2023: € -5,039 ▲ € 32,813 vs 2022 (€ -37,852) Favourable step	€ 35,963 Retained profit 2024: € 35,963 ▲ € 41,002 vs 2023 (€ -5,039) Favourable step	€ 59,968 Retained profit 2025: € 59,968 ▲ 67% vs 2024 (€ 35,963) Favourable step	▲ 67%
Bank debt	€ 96,350 Bank debt 2022: € 96,350 First fiscal year in the series	€ 80,000 Bank debt 2023: € 80,000 ▼ 17% vs 2022 (€ 96,350) Favourable step	€ 65,000 Bank debt 2024: € 65,000 ▼ 19% vs 2023 (€ 80,000) Favourable step	€ 50,000 Bank debt 2025: € 50,000 ▼ 23% vs 2024 (€ 65,000) Favourable step	▼ 23%
Balance sheet total	€ 373,544 Balance sheet total 2022: € 373,544 First fiscal year in the series	€ 350,188 Balance sheet total 2023: € 350,188 ▼ 6% vs 2022 (€ 373,544) Unchanged	€ 343,396 Balance sheet total 2024: € 343,396 ▼ 2% vs 2023 (€ 350,188) Unchanged	€ 344,950 Balance sheet total 2025: € 344,950 Unchanged (€ 343,396) Unchanged

Key figures of MOVETHERM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MOVETHERM?

What happened at MOVETHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 René Mortier stepped down as director. NBB
2029 Kristof Mortier stepped down as director. NBB
2029 Anja Vanhoorneweder stepped down as director. NBB
Dec 16, 2025 New annual accounts for financial year 2025: profit of € 24,005 (▼ 41% vs 2024). Source: NBB ↗
Apr 6, 1988 New establishment in Ieper. KBO
Feb 23, 1988 Start of the company according to the CBE. KBO

In short

From € 16,215 profit in 2022 to € 24,005 profit in 2025.

Paid € 9,897 in corporate taxes since 2022.

Best year ever: 2024, with € 41,002 profit.

Original PDFs at the National Bank ↗

Management

MORTIER en VERMEERSCH 64.9%

The stake of MORTIER en VERMEERSCH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MOVETHERM

The shares are held by MORTIER en VERMEERSCH (64.9%).

Directors

According to the 2025 annual accounts

René Mortier

Director

· until 2029

Kristof Mortier

Managing director

Also active at: MORVAN

· until 2029

Anja Vanhoorneweder

Director

Also active at: MORVAN

· until 2029

Shareholders

MORTIER en VERMEERSCH

64.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Paddevijverstraat 56

8900 Ieper

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

MORVAN same network

€ 697,411 gross margin · 2025

Beaver

€ 421,365 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0433.561.690

VAT number

BE 0433.561.690

Registered office

Paddevijverstraat 56, 8900 Ieper

Names & denominations

MOVETHERM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 February 1988

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Groothandel in niet-elektrische huishoudelijke artikelen

Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten

Detailhandel in elektrische huishoudapparaten

Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten

Sanitaire werkzaamheden

Overig loodgieterswerk

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

MOVETHERM

Financials

What happened to MOVETHERM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions