What does MORRISON do?

MORRISON is a shoe shop in De Panne. Private Limited, started on 25 January 1990, 3 establishments.

What is the address of MORRISON?

The registered office of MORRISON is located at Zeelaan 113 box A, 8660 De Panne.

Is MORRISON still active?

Yes. According to the CBE (29 October 2026) MORRISON is active, legal situation “Normale toestand”, started on 25 January 1990.

Is MORRISON registered on Peppol?

Yes, MORRISON is registered on the Peppol network with ID 0208:0439880152.

What is the enterprise number of MORRISON?

The enterprise number of MORRISON is BE0439880152.

When was MORRISON founded?

MORRISON was founded on 25 January 1990.

Who are the directors of MORRISON?

According to the 2025 annual accounts, the directors of MORRISON are: LUC ALBRECHT.

Is MORRISON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 January 1990; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did MORRISON make in 2025?

MORRISON recorded a loss after taxes of € 119,040 in financial year 2025.

What is the revenue of MORRISON?

As a small company, MORRISON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 281,273.

How much does an employee at MORRISON earn?

The average wage cost per full-time employee at MORRISON was € 48,000 in 2025: staff costs of € 268,846 for 5.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MORRISON have?

According to the 2025 annual accounts, MORRISON has 5.6 full-time equivalents (FTE).

MORRISON (Private Limited) - De Panne - BE0439880152

Dossier MORRISON, printed on 29 October 2026 from databakkes.be/en/0439880152/morrison. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MORRISON from De Panne, company number BE0439880152, closed financial year 2025 with a result of € -119,040 after tax. For that financial year MORRISON recorded a gross margin of € 281,273 and equity of € 484,755. Compared with financial year 2024, the result moved from € -47,805 to € -119,040. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.

What it is worth Healthy

€ 484,755

▼ 20% vs 2024

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

Loss Caution

€ -119,040

▼ 149 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 442

▼ € 219,876 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 472,357.

People and assets in 2025

Full-time equivalents

5.6

▼ 0.2 vs 2024

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

Wage cost

€ 268,846

▲ 4% vs 2024

€ 48,000 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.

Vehicles and equipment

€ 2,436

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 680,703

▲ 3% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 111,034

▼ 14% vs 2024

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

Taxes and wages

€ 77,076

▼ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 195,500 Gross margin 2022: € 195,500 First fiscal year in the series	€ 280,195 Gross margin 2023: € 280,195 ▲ 43% vs 2022 (€ 195,500) Favourable step	€ 320,500 Gross margin 2024: € 320,500 ▲ 14% vs 2023 (€ 280,195) Favourable step	€ 281,273 Gross margin 2025: € 281,273 ▼ 12% vs 2024 (€ 320,500) Unfavourable step	▼ 12%
Profit after taxes	€ -169,367 Profit after taxes 2022: € -169,367 First fiscal year in the series	€ -46,772 Profit after taxes 2023: € -46,772 ▲ € 122,595 vs 2022 (€ -169,367) Favourable step	€ -47,805 Profit after taxes 2024: € -47,805 ▼ € 1,033 vs 2023 (€ -46,772) Unfavourable step	€ -119,040 Profit after taxes 2025: € -119,040 ▼ € 71,235 vs 2024 (€ -47,805) Unfavourable step	▼ € 71,235
Equity	€ 698,371 Equity 2022: € 698,371 First fiscal year in the series	€ 651,599 Equity 2023: € 651,599 ▼ 7% vs 2022 (€ 698,371) Unfavourable step	€ 603,795 Equity 2024: € 603,795 ▼ 7% vs 2023 (€ 651,599) Unfavourable step	€ 484,755 Equity 2025: € 484,755 ▼ 20% vs 2024 (€ 603,795) Unfavourable step	▼ 20%
Total debts	€ 1,062,398 Total debts 2022: € 1,062,398 First fiscal year in the series	€ 984,420 Total debts 2023: € 984,420 ▼ 7% vs 2022 (€ 1,062,398) Favourable step	€ 883,416 Total debts 2024: € 883,416 ▼ 10% vs 2023 (€ 984,420) Favourable step	€ 943,066 Total debts 2025: € 943,066 ▲ 7% vs 2024 (€ 883,416) Unfavourable step	▲ 7%
Cash	€ 205,164 Cash 2022: € 205,164 First fiscal year in the series	€ 434,361 Cash 2023: € 434,361 ▲ 112% vs 2022 (€ 205,164) Favourable step	€ 220,318 Cash 2024: € 220,318 ▼ 49% vs 2023 (€ 434,361) Unfavourable step	€ 442 Cash 2025: € 442 ▼ € 219,876 vs 2024 (€ 220,318) Unfavourable step	▼ € 219,876
Land & buildings	€ 1,096,290 Land & buildings 2022: € 1,096,290 First fiscal year in the series	€ 597,422 Land & buildings 2023: € 597,422 ▼ 46% vs 2022 (€ 1,096,290) Unchanged	€ 572,473 Land & buildings 2024: € 572,473 ▼ 4% vs 2023 (€ 597,422) Unchanged	€ 547,524 Land & buildings 2025: € 547,524 ▼ 4% vs 2024 (€ 572,473) Unchanged	▼ 4%
Retained profit	€ 685,974 Retained profit 2022: € 685,974 First fiscal year in the series	€ 639,202 Retained profit 2023: € 639,202 ▼ 7% vs 2022 (€ 685,974) Unfavourable step	€ 591,397 Retained profit 2024: € 591,397 ▼ 7% vs 2023 (€ 639,202) Unfavourable step	€ 472,357 Retained profit 2025: € 472,357 ▼ 20% vs 2024 (€ 591,397) Unfavourable step	▼ 20%
Bank debt	€ 776,122 Bank debt 2022: € 776,122 First fiscal year in the series	€ 755,030 Bank debt 2023: € 755,030 ▼ 3% vs 2022 (€ 776,122) Favourable step	€ 657,691 Bank debt 2024: € 657,691 ▼ 13% vs 2023 (€ 755,030) Favourable step	€ 680,703 Bank debt 2025: € 680,703 ▲ 3% vs 2024 (€ 657,691) Unfavourable step	▲ 3%
Balance sheet total	€ 1,760,769 Balance sheet total 2022: € 1,760,769 First fiscal year in the series	€ 1,636,019 Balance sheet total 2023: € 1,636,019 ▼ 7% vs 2022 (€ 1,760,769) Unchanged	€ 1,487,211 Balance sheet total 2024: € 1,487,211 ▼ 9% vs 2023 (€ 1,636,019) Unchanged	€ 1,427,821 Balance sheet total 2025: € 1,427,821 ▼ 4% vs 2024 (€ 1,487,211) Unchanged	▼ 4%
Employees (FTE)	7.2 Employees (FTE) 2022: 7.2 First fiscal year in the series	6 Employees (FTE) 2023: 6 ▼ 1.2 vs 2022 (7.2) Unchanged	5.8 Employees (FTE) 2024: 5.8 ▼ 0.2 vs 2023 (6) Unchanged	5.6 Employees (FTE) 2025: 5.6 ▼ 0.2 vs 2024 (5.8) Unchanged	▼ 0.2

Key figures of MORRISON, 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 MORRISON?

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

Aug 14, 2026 New annual accounts for financial year 2025: loss of € 119,040. filed late Source: NBB ↗
Apr 1, 2012 New establishment in Oostende. KBO
Jun 15, 2004 New establishment in De Panne. KBO
May 10, 2004 New establishment in Nieuwpoort. KBO
1990 LUC ALBRECHT became a director. NBB
Jan 25, 1990 Start of the company according to the CBE. KBO

In short

From € 169,367 loss in 2022 to € 119,040 loss in 2025.

Paid € 601 in corporate taxes since 2022.

On average € 50,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

LUC ALBRECHT

MORRISON

Behind MORRISON is LUC ALBRECHT.

Directors

According to the 2025 annual accounts

LUC ALBRECHT

Director

since 1990

Establishments

Establishment units

Physical locations of this company

Registered office

Zeelaan 113 box A

8660 De Panne

2.136.940.781

Zeelaan 111

8660 De Panne

Active since 15 June 2004

2.136.942.068

Albert I laan 164

8620 Nieuwpoort

Active since 10 May 2004

2.211.757.574

Adolf Buylstraat 51

8400 Oostende

Active since 1 April 2012

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 →

Vereniging van Mede-eigenaars appartementsgebouw te De Panne, gelegen Zeelaan 113

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

Details

Company number

0439.880.152

VAT number

BE 0439.880.152

Registered office

Zeelaan 113 bus A, 8660 De Panne

Names & denominations

MORRISON

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 January 1990

Peppol

Active · Active since 23 Mar 2026

Activities · NACE

Detailhandel in schoeisel

Groothandel in schoeisel

Detailhandel in lederwaren en reisartikelen

Groothandel in lederwaren en reisartikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

MORRISON

Warning lights

Financials

What happened to MORRISON?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions