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 1 of the last 4 fiscal years.
Financials
Financial year 2025
MOKA D'OR from Libramont-Chevigny, company number BE0425084682, closed financial year 2025 with a result of € -155,381 after tax. For that financial year MOKA D'OR recorded a gross margin of € 772,204 and equity of € -38,056. Compared with financial year 2023, the result moved from € 22,395 to € -155,381. The company made a loss. 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 June 17, 2026.
€ -38,056
▼ € 310,011 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -155,381
▼ still € 22,395 profit in 2023
Profit after tax over the fiscal year.
€ 110,257
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -101,552.
People and assets in 2025
12.3
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 843,282
▲ 7% vs 2023
€ 68,600 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.
€ 96,751
▲ 63% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 619,312
▲ 5% vs 2023
€ 31,302 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 374,628
▲ 14% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 123,551
▼ 35% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 757,536 | € 975,789 | € 949,873 | € 772,204 | ▼ 19% |
| Profit after taxes | € 126,058 | € 185,850 | € 22,395 | € -155,381 | ▼ € 177,777 |
| Equity | € 63,709 | € 249,559 | € 271,954 | € -38,056 | ▼ € 310,011 |
| Total debts | € 1,120,810 | € 1,136,917 | € 1,122,141 | € 1,162,035 | ▲ 4% |
| Cash | € 237,272 | € 245,131 | € 272,588 | € 110,257 | ▼ 60% |
| Land & buildings | € 140,697 | € 147,753 | € 146,081 | - | |
| Retained profit | € -73,475 | € 112,375 | € 134,770 | € -101,552 | ▼ € 236,322 |
| Bank debt | € 580,416 | € 570,346 | € 589,333 | € 619,312 | ▲ 5% |
| Balance sheet total | € 1,184,518 | € 1,386,476 | € 1,394,096 | € 1,123,979 | ▼ 19% |
| Employees (FTE) | 10.4 | 11.7 | 11.9 | 12.3 | ▲ 0.4 |
Key figures of MOKA D'OR, fiscal years 2021 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 MOKA D'OR?
What happened at MOKA D'OR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 155,381 (▼ € 177,777 vs 2023). Source: NBB ↗
- LIEGEOIS MANAGEMENT HOLDING (LMH) SA became a director. NBB
- Michel LIEGEOIS became a director. NBB
- New establishment in Libramont-Chevigny. KBO
- New establishment in Bastogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 126,058 profit in 2021 to € 155,381 loss in 2025.
Paid € 10,088 in corporate taxes since 2021.
Best year ever: 2022, with € 185,850 profit.
On average € 62,800 of value added per employee in 2025.
Management
The stake of LIEGEOIS MANAGEMENT HOLDING, M2B IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MOKA D'ORBehind MOKA D'OR are Michel LIEGEOIS and LIEGEOIS MANAGEMENT HOLDING (LMH) SA. The shares are held by LIEGEOIS MANAGEMENT HOLDING (100%) and M2B IMMO (100%).
Directors
According to the 2025 annual accounts
since 2015
LIEGEOIS MANAGEMENT HOLDING (LMH) SA
Director · represented by LIEGEOIS Benoit
Also active at: Cafés Liégeois, PAULISTA, M2B IMMO
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Recogne,Rue de Neufchâteau 61
6800 Libramont-Chevigny
Rue de l'American-Legion 78
6600 Bastogne
Active since 1 February 1984
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.084.682
- VAT number
- BE 0425.084.682
- Registered office
- Recogne,Rue de Neufchâteau 61, 6800 Libramont-Chevigny
- Names & denominations
- MOKA D'OR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1984
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen
Groothandel in suiker, chocolade en suikerwerk
Overige persoonlijke diensten
Overige diensten , n.e.g.