What does MOREELS do?

MOREELS is a painting contractor in Ninove. Private Limited, started on 9 December 1975, 1 establishment.

What is the address of MOREELS?

The registered office of MOREELS is located at Molenstraat(Den) 1, 9400 Ninove.

Is MOREELS still active?

Yes. According to the CBE (29 October 2026) MOREELS is active, legal situation “Normale toestand”, started on 9 December 1975.

Is MOREELS registered on Peppol?

Yes, MOREELS is registered on the Peppol network with ID 0208:0415750116.

What is the enterprise number of MOREELS?

The enterprise number of MOREELS is BE0415750116.

When was MOREELS founded?

MOREELS was founded on 9 December 1975.

Who are the directors of MOREELS?

According to the 2025 annual accounts, the directors of MOREELS are: HERMAN VANDENDRIESSCHEN.

Is MOREELS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 December 1975; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MOREELS make in 2025?

MOREELS recorded a loss after taxes of € 6,111 in financial year 2025.

What is the revenue of MOREELS?

As a small company, MOREELS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -4,739.

MOREELS (Private Limited) - Ninove - BE0415750116

Dossier MOREELS, printed on 29 October 2026 from databakkes.be/en/0415750116/moreels. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

MOREELS from Ninove, company number BE0415750116, closed financial year 2025 with a result of € -6,111 after tax. For that financial year MOREELS recorded a gross margin of € -4,739 and equity of € 92,521. Compared with financial year 2024, the result moved from € -1,018 to € -6,111. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 92,521

▼ 6% vs 2024

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

Loss Caution

€ -6,111

▼ 500 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 547

▼ 91% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 72,689.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 510

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 5,456 Gross margin 2022: € 5,456 First fiscal year in the series	€ 15,128 Gross margin 2023: € 15,128 ▲ 177% vs 2022 (€ 5,456) Favourable step	€ 566 Gross margin 2024: € 566 ▼ 96% vs 2023 (€ 15,128) Unfavourable step	€ -4,739 Gross margin 2025: € -4,739 ▼ € 5,305 vs 2024 (€ 566) Unfavourable step	▼ € 5,305
Profit after taxes	€ 2,573 Profit after taxes 2022: € 2,573 First fiscal year in the series	€ 8,041 Profit after taxes 2023: € 8,041 ▲ 212% vs 2022 (€ 2,573) Favourable step	€ -1,018 Profit after taxes 2024: € -1,018 ▼ € 9,059 vs 2023 (€ 8,041) Unfavourable step	€ -6,111 Profit after taxes 2025: € -6,111 ▼ € 5,093 vs 2024 (€ -1,018) Unfavourable step	▼ € 5,093
Equity	€ 91,609 Equity 2022: € 91,609 First fiscal year in the series	€ 99,649 Equity 2023: € 99,649 ▲ 9% vs 2022 (€ 91,609) Favourable step	€ 98,631 Equity 2024: € 98,631 ▼ 1% vs 2023 (€ 99,649) Unfavourable step	€ 92,521 Equity 2025: € 92,521 ▼ 6% vs 2024 (€ 98,631) Unfavourable step	▼ 6%
Total debts	€ 4,005 Total debts 2022: € 4,005 First fiscal year in the series	€ 5,301 Total debts 2023: € 5,301 ▲ 32% vs 2022 (€ 4,005) Unfavourable step	€ 5,025 Total debts 2024: € 5,025 ▼ 5% vs 2023 (€ 5,301) Favourable step	€ 510 Total debts 2025: € 510 ▼ 90% vs 2024 (€ 5,025) Favourable step	▼ 90%
Cash	€ 2,119 Cash 2022: € 2,119 First fiscal year in the series	€ 3,874 Cash 2023: € 3,874 ▲ 83% vs 2022 (€ 2,119) Favourable step	€ 5,766 Cash 2024: € 5,766 ▲ 49% vs 2023 (€ 3,874) Favourable step	€ 547 Cash 2025: € 547 ▼ 91% vs 2024 (€ 5,766) Unfavourable step	▼ 91%
Retained profit	€ 71,777 Retained profit 2022: € 71,777 First fiscal year in the series	€ 79,818 Retained profit 2023: € 79,818 ▲ 11% vs 2022 (€ 71,777) Favourable step	€ 78,800 Retained profit 2024: € 78,800 ▼ 1% vs 2023 (€ 79,818) Unfavourable step	€ 72,689 Retained profit 2025: € 72,689 ▼ 8% vs 2024 (€ 78,800) Unfavourable step	▼ 8%
Balance sheet total	€ 95,613 Balance sheet total 2022: € 95,613 First fiscal year in the series	€ 104,950 Balance sheet total 2023: € 104,950 ▲ 10% vs 2022 (€ 95,613) Unchanged	€ 103,656 Balance sheet total 2024: € 103,656 ▼ 1% vs 2023 (€ 104,950) Unchanged	€ 93,030 Balance sheet total 2025: € 93,030 ▼ 10% vs 2024 (€ 103,656) Unchanged	▼ 10%

Key figures of MOREELS, 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 MOREELS?

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

Aug 28, 2026 New annual accounts for financial year 2025: loss of € 6,111. filed late Source: NBB ↗
Dec 9, 1975 New establishment in Ninove. KBO
Dec 9, 1975 Start of the company according to the CBE. KBO

In short

From € 2,573 profit in 2022 to € 6,111 loss in 2025.

Paid € 6,036 in corporate taxes since 2022.

Best year ever: 2023, with € 8,041 profit.

Original PDFs at the National Bank ↗

Management

HERMAN VANDENDRIESSCHEN

MOREELS

Behind MOREELS is HERMAN VANDENDRIESSCHEN.

Directors

According to the 2025 annual accounts

HERMAN VANDENDRIESSCHEN

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Molenstraat(Den) 1

9400 Ninove

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

Details

Company number

0415.750.116

VAT number

BE 0415.750.116

Registered office

Molenstraat(Den) 1, 9400 Ninove

Names & denominations

MOREELS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 December 1975

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Schilderen van gebouwen

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

MOREELS

Warning lights

Financials

What happened to MOREELS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions