Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MORETUS MOTORS from Antwerpen, company number BE0416492066, closed financial year 2023 with a result of € 91,829 after tax. For that financial year MORETUS MOTORS recorded a gross margin of € 97,574 and equity of € -3.7 million. Compared with financial year 2022, the result moved from € -969,151 to € 91,829. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2024.
€ -3.7 million
▲ € 91,829 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,829
▲ still € 969,151 loss in 2022
Profit after tax over the fiscal year.
€ 242,693
▲ 60% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -4 million.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 469
▲ 19% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 4.1 million
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 95,094 | € 97,574 | ▲ 3% |
| Profit after taxes | € -969,151 | € 91,829 | ▲ € 1.1 million |
| Equity | € -3,822,188 | € -3,730,359 | ▲ € 91,829 |
| Total debts | € 4,132,568 | € 4,132,642 | |
| Cash | € 152,013 | € 242,693 | ▲ 60% |
| Land & buildings | € 138,820 | € 138,820 | |
| Retained profit | € -4,135,722 | € -4,043,893 | ▲ € 91,829 |
| Balance sheet total | € 310,379 | € 402,282 | ▲ 30% |
Key figures of MORETUS MOTORS, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.
What happened to MORETUS MOTORS?
What happened at MORETUS MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MORETUS MOTORS is active according to the CBE. Legal situation: Opening faillissement.
- Patrice SWYNEN stepped down as director. NBB
- Raoul VAN HOUTERT stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 91,829. Source: NBB ↗
- Patrice SWYNEN became a director. NBB
- Raoul VAN HOUTERT became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 969,151 loss in 2022 to € 91,829 profit in 2023.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 91,829 profit.
Management
Directors
According to the 2023 annual accounts
Patrice SWYNEN
Managing director
since 2019 · until 2025
Raoul VAN HOUTERT
Managing director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Kielsevest 14 box 201
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →M.E.K.
€ 78,793 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.492.066
- VAT number
- BE 0416.492.066
- Registered office
- Kielsevest 14 bus 201, 2018 Antwerpen
- Names & denominations
- MORETUS MOTORS · ETN. MORETUS MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 October 1976
- Peppol
- Not registered