Active · per the CBE, 18 September 2026

MOVADE

BE0831422434

Rechtspersoon Public limited company 1 establishment

MOVADE is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 26 November 2010, 1 establishment.

Eenbeekstraat 15, 9070 Destelbergen

Behind the company: Matthias De Fraeye.

Active for

15 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MOVADE from Destelbergen, company number BE0831422434, closed financial year 2025 with a result of € 268,958 after tax. For that financial year MOVADE recorded a gross margin of € 585,076 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 217,528 to € 268,958. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.

What it is worth Growing

€ 1.3 million

▲ 26% vs 2024

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

Profit Growing

€ 268,958

▲ 24% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 23,464

▲ € 21,950 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 € -205,007.

People and assets in 2025

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 11,238

▼ 82% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 22 years to go

€ 5.3 million

▼ 4% vs 2024

€ 238,338 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.

Owed to suppliers

€ 1,071

▲ € 978 vs 2024

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

Taxes

€ 53,819

▲ € 41,089 vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 261,197 € 607,780 € 502,739 € 585,076 ▲ 16%
Profit after taxes € 236,499 € 487,476 € 217,528 € 268,958 ▲ 24%
Equity € 321,032 € 808,508 € 1,026,035 € 1,294,993 ▲ 26%
Total debts € 6,548,059 € 6,341,202 € 5,794,308 € 5,526,577 ▼ 5%
Cash € 86,081 € 24,726 € 1,514 € 23,464 ▲ € 21,950
Retained profit € -1,178,968 € -691,492 € -473,965 € -205,007 ▲ € 268,958
Bank debt € 6,008,811 € 5,777,399 € 5,543,754 € 5,307,748 ▼ 4%
Balance sheet total € 6,869,091 € 7,149,709 € 6,820,343 € 6,821,570

Key figures of MOVADE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MOVADE?

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

  • New annual accounts for financial year 2025: profit of € 268,958 (▲ 24% vs 2024). filed late Source: NBB ↗
  • New establishment in Destelbergen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 236,499 profit in 2022 to € 268,958 profit in 2025.

Paid € 246,077 in corporate taxes since 2022.

Best year ever: 2023, with € 487,476 profit.

Management

Matthias De Fraeye
MOVADE

Behind MOVADE is Matthias De Fraeye. It owns 33.3% of The Fuitgroup itself.

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Directors

According to the 2025 annual accounts

Matthias De Fraeye

Managing director

Also active at: FRUPECO, THE FRUITGROUP, Silicon ICT Services, SNACKY FRUIT

Establishments

Establishment units

Physical locations of this company

Registered office

Eenbeekstraat 15

9070 Destelbergen

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

Details

Company number
0831.422.434
VAT number
BE 0831.422.434
Registered office
Eenbeekstraat 15, 9070 Destelbergen
Names & denominations
MOVADE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
26 November 2010
Peppol
Active · Active since 15 Sept 2025
Activities · NACE

Activiteiten van holdings

Holdings

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Overige rechtskundige dienstverlening

Overige zakelijke dienstverlening, neg

Frequently asked questions

What does MOVADE do?
MOVADE is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 26 November 2010, 1 establishment.
What is the address of MOVADE?
The registered office of MOVADE is located at Eenbeekstraat 15, 9070 Destelbergen.
Is MOVADE still active?
Yes. According to the CBE (18 September 2026) MOVADE is active, legal situation “Normale toestand”, started on 26 November 2010.
Is MOVADE registered on Peppol?
Yes, MOVADE is registered on the Peppol network with ID 0208:0831422434.
What is the enterprise number of MOVADE?
The enterprise number of MOVADE is BE0831422434.
When was MOVADE founded?
MOVADE was founded on 26 November 2010.