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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORCO from Nijlen, company number BE0474222508, closed financial year 2025 with a result of € -8,309 after tax. For that financial year MORCO recorded a gross margin of € -1,219 and equity of € -198,837. Compared with financial year 2024, the result moved from € -18,902 to € -8,309. 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 June 30, 2026.
€ -198,837
▼ € 8,309 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,309
▲ 56 % less loss than in 2024
Profit after tax over the fiscal year.
€ 111,279
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -217,437.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,366
▼ 22% 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.
€ 4,434
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,982 | € -48,066 | € 74,087 | € -1,219 | ▼ € 75,306 |
| Profit after taxes | € 332 | € -134,527 | € -18,902 | € -8,309 | ▲ € 10,593 |
| Equity | € -37,100 | € -171,626 | € -190,528 | € -198,837 | ▼ € 8,309 |
| Total debts | € 739,828 | € 790,151 | € 550,795 | € 530,679 | ▼ 4% |
| Cash | - | - | - | € 111,279 | |
| Land & buildings | € 17,071 | € 14,896 | € 10,416 | € 5,936 | ▼ 43% |
| Retained profit | € -55,700 | € -190,226 | € -209,128 | € -217,437 | ▼ € 8,309 |
| Bank debt | € 237,588 | € 188,637 | € 3,820 | € 0 | ▼ 100% |
| Balance sheet total | € 702,729 | € 618,525 | € 360,267 | € 331,842 | ▼ 8% |
Key figures of MORCO, 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 MORCO?
What happened at MORCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,309. Source: NBB ↗
- New establishment in Nijlen. KBO
- Start of the company according to the CBE. KBO
In short
From € 332 profit in 2022 to € 8,309 loss in 2025.
Best year ever: 2022, with € 332 profit.
Management
Behind MORCO is Annick De Ridder.
Directors
According to the 2025 annual accounts
Annick De Ridder
Director
Establishments
Establishment units
Physical locations of this company
Herenthoutsesteenweg 161
2560 Nijlen
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
- 0474.222.508
- VAT number
- BE 0474.222.508
- Registered office
- Herenthoutsesteenweg 161, 2560 Nijlen
- Names & denominations
- MORCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2001
- Peppol
- Active · Active since 8 Jun 2026
- Activities · NACE
Activiteiten van paardensportclubs
Exploitatie van overige sportinstallaties en -accomodaties
Groothandel in levend vee
Fokken en houden van schapen en geiten
Overige persoonlijke diensten
Exploitatie van sportaccommodaties
Groothandel in levende dieren
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij
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