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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
MOLOTOV from Vorst, company number BE0458218102, closed financial year 2024 with a result of € -25,167 after tax. For that financial year MOLOTOV recorded a gross margin of € -13,147 and equity of € -248,046. Compared with financial year 2023, the result moved from € 191,221 to € -25,167. 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 August 23, 2025.
€ -248,046
▼ € 25,167 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,167
▼ still € 191,221 profit in 2023
Profit after tax over the fiscal year.
€ 42
▲ € 35 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -279,059.
People and assets in 2024
€ 1,710
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 185,401
▼ 5% vs 2023
€ 35,854 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,891
▲ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 46,607
▲ 1% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 23,920 | € 6,857 | € 275,257 | € -13,147 | ▼ € 288,404 |
| Profit after taxes | € 6,264 | € -6,910 | € 191,221 | € -25,167 | ▼ € 216,388 |
| Equity | € -407,190 | € -414,100 | € -222,879 | € -248,046 | ▼ € 25,167 |
| Total debts | € 577,860 | € 806,752 | € 389,028 | € 413,113 | ▲ 6% |
| Cash | € 756 | € 222,451 | € 7 | € 42 | ▲ € 35 |
| Land & buildings | € 169,352 | € 167,852 | € 162,362 | € 162,362 | |
| Retained profit | € -438,203 | € -445,113 | € -253,892 | € -279,059 | ▼ € 25,167 |
| Bank debt | € 242,487 | € 217,133 | € 196,188 | € 185,401 | ▼ 5% |
| Balance sheet total | € 170,670 | € 392,652 | € 166,149 | € 165,067 | ▼ 1% |
Key figures of MOLOTOV, 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 MOLOTOV?
What happened at MOLOTOV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PIERRE GHEENS stepped down as director. NBB
- JACQUES BINON stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 25,167 (▼ € 216,388 vs 2023). filed late Source: NBB ↗
- PIERRE GHEENS became a director. NBB
- JACQUES BINON became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,264 profit in 2021 to € 25,167 loss in 2024.
Paid € 48,194 in corporate taxes since 2021.
Best year ever: 2023, with € 191,221 profit.
A new publication or filing at MOLOTOV? 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
Directors
According to the 2024 annual accounts
PIERRE GHEENS
Managing director
since 2024 · until 2030
JACQUES BINON
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Albertlaan 122
1190 Vorst
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.218.102
- VAT number
- BE 0458.218.102
- Registered office
- Albertlaan 122, 1190 Vorst
- Names & denominations
- MOLOTOV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1996
- Peppol
- Not registered
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Activiteiten van bouwarchitecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Architecten
Verhuur van woningen, exclusief sociale woningen