Financials
Financial year 2025
MORDICUS from Westerlo, company number BE0425155651, closed financial year 2025 with a result of € 10,296 after tax. For that financial year MORDICUS recorded a gross margin of € 29,437 and equity of € 118,415. Compared with financial year 2024, the result moved from € 6,737 to € 10,296. Profitable, and profit is growing. 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 August 31, 2026.
€ 118,415
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,296
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 8,842
▲ € 7,736 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 € 4,976.
People and assets in 2025
€ 4,982
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,082
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,751
▲ € 26,605 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 60,269 | € 29,422 | € 25,710 | € 29,437 | ▲ 14% |
| Profit after taxes | € 41,018 | € 11,332 | € 6,737 | € 10,296 | ▲ 53% |
| Equity | € 90,051 | € 101,383 | € 108,120 | € 118,415 | ▲ 10% |
| Total debts | € 64,901 | € 19,493 | € 12,375 | € 37,206 | ▲ 201% |
| Cash | € 446 | € 238 | € 1,106 | € 8,842 | ▲ € 7,736 |
| Land & buildings | € 83,529 | € 82,348 | € 81,168 | € 79,987 | ▼ 1% |
| Retained profit | € -23,389 | € -12,057 | € -5,320 | € 4,976 | ▲ € 10,296 |
| Balance sheet total | € 154,952 | € 120,876 | € 120,495 | € 155,621 | ▲ 29% |
Key figures of MORDICUS, 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 MORDICUS?
What happened at MORDICUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan Van Passel stepped down as director. NBB
- Geert Van Passel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,296 (▲ 53% vs 2024). filed late Source: NBB ↗
- Jan Van Passel became a director. NBB
- Geert Van Passel became a director. NBB
- New establishment in Westerlo. KBO
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,018 profit in 2022 to € 10,296 profit in 2025.
Paid € 20,190 in corporate taxes since 2022.
Best year ever: 2022, with € 41,018 profit.
Management
Directors
According to the 2025 annual accounts
Jan Van Passel
Director
since 2023 · until 2029
Geert Van Passel
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
August Cannaertsstraat 109
2260 Westerlo
Loveldlaan 44
9880 Aalter
Active since 4 February 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.155.651
- VAT number
- BE 0425.155.651
- Registered office
- August Cannaertsstraat 109, 2260 Westerlo
- Names & denominations
- MORDICUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1983
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Stukadoorswerk
Schrijnwerk
Ontwikkeling van residentiële bouwprojecten
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Projectontwikkeling voor woningbouw
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