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 58 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.9 to 6.3.
Financials
Financial year 2025
MOTISHA from Brugge, company number BE0477424102, closed financial year 2025 with a result of € 148,788 after tax. For that financial year MOTISHA recorded a gross margin of € 848,273 and equity of € 534,560. Compared with financial year 2024, the result moved from € -190,524 to € 148,788. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 534,560
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 148,788
▲ still € 190,524 loss in 2024
Profit after tax over the fiscal year.
€ 280,078
▲ 126% 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 € 265,905.
People and assets in 2025
6.3
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 466,558
▼ 15% vs 2024
€ 74,100 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 2025
€ 368,282
▼ 31% vs 2024
€ 114,104 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 455,294
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,286
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 796,493 | € 876,455 | € 769,848 | € 848,273 | ▲ 10% |
| Profit after taxes | € 27,694 | € -112,976 | € -190,524 | € 148,788 | ▲ € 339,312 |
| Equity | € 689,272 | € 576,296 | € 385,772 | € 534,560 | ▲ 39% |
| Total debts | € 1,326,987 | € 2,021,117 | € 1,362,565 | € 1,341,750 | ▼ 2% |
| Cash | € 273,705 | € 168,994 | € 124,091 | € 280,078 | ▲ 126% |
| Retained profit | € 420,617 | € 307,641 | € 117,117 | € 265,905 | ▲ 127% |
| Bank debt | € 524,558 | € 598,799 | € 536,063 | € 368,282 | ▼ 31% |
| Balance sheet total | € 2,016,259 | € 2,597,413 | € 1,748,337 | € 1,936,310 | ▲ 11% |
| Employees (FTE) | 6.2 | 7.9 | 7.8 | 6.3 | ▼ 1.5 |
Key figures of MOTISHA, 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 MOTISHA?
What happened at MOTISHA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 148,788. Source: NBB ↗
- Gunther Everaert became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,694 profit in 2022 to € 148,788 profit in 2025.
Paid € 2,164 in corporate taxes since 2022.
Best year ever: 2025, with € 148,788 profit.
On average € 134,600 of value added per employee in 2025.
A new publication or filing at MOTISHA? 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 MOTISHA is Gunther Everaert. The shares are held by ITA GROUP EUROPE BV (20%).
Directors
According to the 2025 annual accounts
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dampoortstraat 265 box 3
8310 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →VENTOUX
ITA Group Europe same network
€ -139,080 gross margin · 2025
Reallegal
€ 74,604 gross margin · 2025
DAMPORT
€ 1.1 million gross margin · 2025
MUNERA same network
€ -2,005 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.424.102
- VAT number
- BE 0477.424.102
- Registered office
- Dampoortstraat 265 bus 3, 8310 Brugge
- Names & denominations
- MOTISHA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2002
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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