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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Mogador from Genappe, company number BE0421359882, closed financial year 2025 with a result of € -15,750 after tax. For that financial year Mogador recorded a gross margin of € -5,583 and equity of € 82,137. Compared with financial year 2024, the result moved from € -18,857 to € -15,750. 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 February 11, 2026.
€ 82,137
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,750
▲ 16 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,198
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -134,770.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,220
▲ € 10,170 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,407 | € 4,082 | € -11,121 | € -5,583 | ▲ € 5,538 |
| Profit after taxes | € -4,005 | € -3,142 | € -18,857 | € -15,750 | ▲ € 3,107 |
| Equity | € 119,886 | € 116,744 | € 97,887 | € 82,137 | ▼ 16% |
| Total debts | € 2,369 | € 4,737 | € 3,050 | € 13,220 | ▲ € 10,170 |
| Cash | € 65,159 | € 68,952 | € 21,438 | € 6,198 | ▼ 71% |
| Land & buildings | € 52,529 | € 52,529 | € 75,695 | € 73,378 | ▼ 3% |
| Retained profit | € -97,021 | € -100,163 | € -119,020 | € -134,770 | ▼ € 15,750 |
| Balance sheet total | € 122,255 | € 121,481 | € 100,937 | € 95,357 | ▼ 6% |
Key figures of Mogador, 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 Mogador?
What happened at Mogador in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,750. filed late Source: NBB ↗
- Rodolphe TRENKER became a director. NBB
- Pascale TRENKER became a director. NBB
- Tristan TRENKER became a director. NBB
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,005 loss in 2022 to € 15,750 loss in 2025.
Management
Behind Mogador are Rodolphe TRENKER, Pascale TRENKER and Tristan TRENKER. Rodolphe TRENKER is also behind S.A. Laboratoires Pharmaceutiques Trenker, TRENKER NUTRITION, CONSTRUIBEL, Trenker HoldCo and TRK Conseil.
Directors
According to the 2025 annual accounts
Rodolphe TRENKER
Managing director
Also active at: S.A. Laboratoires Pharmaceutiques Trenker, TRENKER NUTRITION, CONSTRUIBEL, Trenker HoldCo, TRK Conseil
since 2018
Pascale TRENKER
Director
since 2018
Tristan TRENKER
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Rue Banterlez 20
1470 Genappe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0421.359.882
- VAT number
- BE 0421.359.882
- Registered office
- Rue Banterlez 20, 1470 Genappe
- Names & denominations
- Mogador
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 1981
- Peppol
- Not registered