Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORELINKS INTERNATIONAL from Mont-Saint-Guibert, company number BE0455131225, closed financial year 2025 with a result of € 67,314 after tax. For that financial year MORELINKS INTERNATIONAL recorded a gross margin of € 75,354 and equity of € -90,966. Compared with financial year 2024, the result moved from € 39,264 to € 67,314. Profitable, and profit is growing. 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 9, 2026.
€ -90,966
▲ € 67,314 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,314
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 10,650
▲ 6% 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 € -115,755.
People and assets in 2025
€ 1,651
▲ 170% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,444
▼ 45% vs 2024
€ 9,784 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 17
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,408
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,708 | € 21,538 | € 44,558 | € 75,354 | ▲ 69% |
| Profit after taxes | € 3,792 | € 16,776 | € 39,264 | € 67,314 | ▲ 71% |
| Equity | € -214,320 | € -197,544 | € -158,280 | € -90,966 | ▲ € 67,314 |
| Total debts | € 242,894 | € 233,797 | € 194,469 | € 125,569 | ▼ 35% |
| Cash | € 807 | € 9,120 | € 10,089 | € 10,650 | ▲ 6% |
| Land & buildings | € 24,261 | € 23,528 | € 22,795 | € 21,328 | ▼ 6% |
| Retained profit | € -239,110 | € -222,333 | € -183,069 | € -115,755 | ▲ € 67,314 |
| Bank debt | € 39,086 | € 30,147 | € 20,937 | € 11,444 | ▼ 45% |
| Balance sheet total | € 28,574 | € 36,253 | € 36,189 | € 34,603 | ▼ 4% |
Key figures of MORELINKS INTERNATIONAL, 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 MORELINKS INTERNATIONAL?
What happened at MORELINKS INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,314 (▲ 71% vs 2024). Source: NBB ↗
- Sai MA became a director. NBB
- Kai MA became a director. NBB
- New establishment in Mont-Saint-Guibert. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,792 profit in 2022 to € 67,314 profit in 2025.
Paid € 176 in corporate taxes since 2022.
Best year ever: 2025, with € 67,314 profit.
A new publication or filing at MORELINKS INTERNATIONAL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MORELINKS INTERNATIONAL are Kai MA and Sai MA.
Directors
According to the 2025 annual accounts
Kai MA
Director
since 1996
Sai MA
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Clos de la Noire Epine 8
1435 Mont-Saint-Guibert
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.131.225
- VAT number
- BE 0455.131.225
- Registered office
- Clos de la Noire Epine 8, 1435 Mont-Saint-Guibert
- Names & denominations
- MORELINKS INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 April 1995
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
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