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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Morren Motor from Sint-Truiden, company number BE0406164140, closed financial year 2025 with a result of € 184,381 after tax. For that financial year Morren Motor recorded revenue of € 33.6 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € 403,006 to € 184,381. 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 July 1, 2026.
€ 5.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,381
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 923,987
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4 million.
People and assets in 2025
28.6
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 1% vs 2024
€ 78,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 520,607
▲ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4 million
▲ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 4.3 million
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 371,809
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,444,132 | € 35,623,585 | € 31,730,668 | € 33,607,255 | ▲ 6% |
| Profit after taxes | € 515,752 | € 482,982 | € 403,006 | € 184,381 | ▼ 54% |
| Equity | € 4,649,296 | € 4,832,278 | € 4,885,284 | € 5,069,666 | ▲ 4% |
| Total debts | € 10,683,640 | € 9,582,884 | € 11,980,112 | € 8,930,012 | ▼ 25% |
| Cash | € 1,269,774 | € 940,945 | € 689,085 | € 923,987 | ▲ 34% |
| Land & buildings | € 695,848 | € 669,588 | € 620,260 | € 606,483 | ▼ 2% |
| Retained profit | € 3,584,866 | € 3,767,848 | € 3,820,854 | € 4,005,236 | ▲ 5% |
| Dividend | € 250,000 | € 300,000 | € 350,000 | € 0 | ▼ 100% |
| Bank debt | € 3,708,032 | € 4,255,879 | € 3,592,506 | € 4,042,075 | ▲ 13% |
| Balance sheet total | € 15,332,936 | € 14,415,162 | € 16,865,396 | € 13,999,678 | ▼ 17% |
| Employees (FTE) | 31.1 | 30 | 29.5 | 28.6 | ▼ 0.9 |
Key figures of Morren Motor, 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 Morren Motor?
What happened at Morren Motor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DIRK MORREN stepped down as director. NBB
- MARC MORREN stepped down as director. NBB
- PATRIMOR NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 184,381 (▼ 54% vs 2024). Source: NBB ↗
- DIRK MORREN became a director. NBB
- MARC MORREN became a director. NBB
- PATRIMOR NV became a director. NBB
- New establishment in Sint-Truiden. KBO
In short
From € 515,752 profit in 2022 to € 184,381 profit in 2025.
Paid € 591,221 in corporate taxes since 2022.
Best year ever: 2022, with € 515,752 profit.
Paid out € 900,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PATRIMOR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Morren MotorThe shares are held by PATRIMOR (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luikersteenweg 131
3800 Sint-Truiden
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.164.140
- VAT number
- BE 0406.164.140
- Registered office
- Luikersteenweg 131, 3800 Sint-Truiden
- Names & denominations
- Morren Motor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 November 1968
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorbrandstoffen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Verhuur van auto's
+3