MORVAN is registered with the CBE as active in: Ontwikkeling van niet-residentiële bouwprojecten. Public Limited, started on 10 December 1985, 1 establishment.

What is the address of MORVAN?

The registered office of MORVAN is located at Booiebos 21, 9031 Gent.

Is MORVAN still active?

Yes. According to the CBE (29 October 2026) MORVAN is active, legal situation “Normale toestand”, started on 10 December 1985.

Is MORVAN registered on Peppol?

Yes, MORVAN is registered on the Peppol network with ID 0208:0428212042.

What is the enterprise number of MORVAN?

The enterprise number of MORVAN is BE0428212042.

When was MORVAN founded?

MORVAN was founded on 10 December 1985.

Who are the directors of MORVAN?

According to the 2024 annual accounts, the directors of MORVAN are: K.V.N. BV, J.J.M BV, K.M.P. BV, Mortier Group BV.

Is MORVAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 December 1985; 4 annual accounts filed, latest fiscal year 2024; 4 directors known from the annual account.

How much profit did MORVAN make in 2024?

MORVAN posted a profit after taxes of € 72,990 in financial year 2024.

What is the revenue of MORVAN?

As a small company, MORVAN is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 474,689.

How much does an employee at MORVAN earn?

The average wage cost per full-time employee at MORVAN was € 110,600 in 2024: staff costs of € 110,570 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MORVAN have?

According to the 2024 annual accounts, MORVAN has 1 full-time equivalents (FTE).

MORVAN (Public Limited) - Gent - BE0428212042

Dossier MORVAN, printed on 29 October 2026 from databakkes.be/en/0428212042/morvan. 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.

Tight liquidity NBB

Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

MORVAN from Gent, company number BE0428212042, closed financial year 2024 with a result of € 72,990 after tax. For that financial year MORVAN recorded a gross margin of € 474,689 and equity of € 7.6 million. Compared with financial year 2023, the result moved from € 276,035 to € 72,990. The company is profitable. 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 27, 2025.

What it is worth Growing

€ 7.6 million

▲ 1% vs 2023

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

Profit Healthy

€ 72,990

▼ 74% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 29,131

▲ 6% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 3.2 million.

People and assets in 2024

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 110,570

▲ 3% vs 2023

€ 110,600 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.

Debts at end 2024

Bank debt

None

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

Owed to suppliers

€ 19,782

▼ 61% vs 2023

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

Taxes and wages

€ 56,779

▲ 128% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 961,573 Gross margin 2021: € 961,573 First fiscal year in the series	€ 667,636 Gross margin 2022: € 667,636 ▼ 31% vs 2021 (€ 961,573) Unfavourable step	€ 711,337 Gross margin 2023: € 711,337 ▲ 7% vs 2022 (€ 667,636) Favourable step	€ 474,689 Gross margin 2024: € 474,689 ▼ 33% vs 2023 (€ 711,337) Unfavourable step	▼ 33%
Profit after taxes	€ 532,289 Profit after taxes 2021: € 532,289 First fiscal year in the series	€ 202,959 Profit after taxes 2022: € 202,959 ▼ 62% vs 2021 (€ 532,289) Unfavourable step	€ 276,035 Profit after taxes 2023: € 276,035 ▲ 36% vs 2022 (€ 202,959) Favourable step	€ 72,990 Profit after taxes 2024: € 72,990 ▼ 74% vs 2023 (€ 276,035) Unfavourable step	▼ 74%
Equity	€ 7,005,009 Equity 2021: € 7,005,009 First fiscal year in the series	€ 7,207,968 Equity 2022: € 7,207,968 ▲ 3% vs 2021 (€ 7,005,009) Favourable step	€ 7,484,003 Equity 2023: € 7,484,003 ▲ 4% vs 2022 (€ 7,207,968) Favourable step	€ 7,556,993 Equity 2024: € 7,556,993 ▲ 1% vs 2023 (€ 7,484,003) Favourable step	▲ 1%
Total debts	€ 5,215,355 Total debts 2021: € 5,215,355 First fiscal year in the series	€ 5,074,539 Total debts 2022: € 5,074,539 ▼ 3% vs 2021 (€ 5,215,355) Favourable step	€ 5,139,420 Total debts 2023: € 5,139,420 ▲ 1% vs 2022 (€ 5,074,539) Unfavourable step	€ 6,205,313 Total debts 2024: € 6,205,313 ▲ 21% vs 2023 (€ 5,139,420) Unfavourable step	▲ 21%
Cash	€ 1,430,158 Cash 2021: € 1,430,158 First fiscal year in the series	€ 1,138,618 Cash 2022: € 1,138,618 ▼ 20% vs 2021 (€ 1,430,158) Unfavourable step	€ 27,591 Cash 2023: € 27,591 ▼ 98% vs 2022 (€ 1,138,618) Unfavourable step	€ 29,131 Cash 2024: € 29,131 ▲ 6% vs 2023 (€ 27,591) Favourable step	▲ 6%
Land & buildings	€ 6,816,683 Land & buildings 2021: € 6,816,683 First fiscal year in the series	€ 8,276,183 Land & buildings 2022: € 8,276,183 ▲ 21% vs 2021 (€ 6,816,683) Unchanged	€ 8,236,785 Land & buildings 2023: € 8,236,785 Unchanged (€ 8,276,183) Unchanged	€ 8,124,495 Land & buildings 2024: € 8,124,495 ▼ 1% vs 2023 (€ 8,236,785) Unchanged	▼ 1%
Retained profit	€ 2,664,601 Retained profit 2021: € 2,664,601 First fiscal year in the series	€ 2,867,560 Retained profit 2022: € 2,867,560 ▲ 8% vs 2021 (€ 2,664,601) Favourable step	€ 3,143,595 Retained profit 2023: € 3,143,595 ▲ 10% vs 2022 (€ 2,867,560) Favourable step	€ 3,216,585 Retained profit 2024: € 3,216,585 ▲ 2% vs 2023 (€ 3,143,595) Favourable step	▲ 2%
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 14,617 Bank debt 2022: € 14,617 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 14,617) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 12,426,597 Balance sheet total 2021: € 12,426,597 First fiscal year in the series	€ 12,482,666 Balance sheet total 2022: € 12,482,666 Unchanged (€ 12,426,597) Unchanged	€ 12,815,067 Balance sheet total 2023: € 12,815,067 ▲ 3% vs 2022 (€ 12,482,666) Unchanged	€ 13,945,434 Balance sheet total 2024: € 13,945,434 ▲ 9% vs 2023 (€ 12,815,067) Unchanged	▲ 9%
Employees (FTE)	1 Employees (FTE) 2021: 1 First fiscal year in the series	1 Employees (FTE) 2022: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged

Key figures of MORVAN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MORVAN?

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

2029 K.V.N. BV stepped down as director. NBB
2029 J.J.M BV stepped down as director. NBB
2029 K.M.P. BV stepped down as director. NBB
2029 Mortier Group BV stepped down as director. NBB
Aug 27, 2025 New annual accounts for financial year 2024: profit of € 72,990 (▼ 74% vs 2023). filed late Source: NBB ↗
2023 K.V.N. BV became a director. NBB
2023 J.J.M BV became a director. NBB
2023 K.M.P. BV became a director. NBB

In short

From € 532,289 profit in 2021 to € 72,990 profit in 2024.

Paid € 225,942 in corporate taxes since 2021.

Best year ever: 2021, with € 532,289 profit.

On average € 474,700 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

MORTIER GROUP 100%

The stake of MORTIER GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MORVAN

The shares are held by MORTIER GROUP (100%).

Directors

According to the 2024 annual accounts

K.V.N. BV

Director · represented by Kurt De heer Van Nevel

Also active at: MORTI, MORTIER GROUP

since 2023 · until 2029

J.J.M BV

Director · represented by Jo De heer Mortier

Also active at: MORTI

since 2023 · until 2029

K.M.P. BV

Director · represented by Koen De heer Mortier

Also active at: MORTI

since 2023 · until 2029

Mortier Group BV

Managing director · represented by Julien De heer Mortier

Also active at: MORTI

since 2023 · until 2029

Shareholders

MORTIER GROUP

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Booiebos 21

9031 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

MORTI same network

€ 85.8 million revenue · 2025

VITONA

€ 204,842 gross margin · 2024

MORTIER GROUP same network

€ 1.6 million revenue · 2025

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

Details

Company number

0428.212.042

VAT number

BE 0428.212.042

Registered office

Booiebos 21, 9031 Gent

Names & denominations

MORVAN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 December 1985

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Ontwikkeling van niet-residentiële bouwprojecten

Projectontwikkeling voor kantoorbouw

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige rechtskundige dienstverlening

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MORVAN

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Financials

What happened to MORVAN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions