MOGRO is a residential care institution in Merchtem. Public Limited, started on 26 February 2013, 1 establishment.

What is the address of MOGRO?

The registered office of MOGRO is located at St-Guduladreef 52a, 1785 Merchtem.

Is MOGRO still active?

Yes. According to the CBE (29 October 2026) MOGRO is active, legal situation “Normale toestand”, started on 26 February 2013.

Is MOGRO registered on Peppol?

Yes, MOGRO is registered on the Peppol network with ID 0208:0518885761.

What is the enterprise number of MOGRO?

The enterprise number of MOGRO is BE0518885761.

When was MOGRO founded?

MOGRO was founded on 26 February 2013.

Who are the directors of MOGRO?

According to the 2025 annual accounts, the directors of MOGRO are: Koenraad DE GROEVE, PHIKO.

Is MOGRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 February 2013; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MOGRO make in 2025?

MOGRO posted a profit after taxes of € 432,268 in financial year 2025.

What is the revenue of MOGRO?

As a small company, MOGRO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,946,778.

How much does an employee at MOGRO earn?

The average wage cost per full-time employee at MOGRO was € 56,700 in 2025: staff costs of € 476,442 for 8.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MOGRO have?

According to the 2025 annual accounts, MOGRO has 8.4 full-time equivalents (FTE).

MOGRO (Public Limited) - Merchtem - BE0518885761

Dossier MOGRO, printed on 29 October 2026 from databakkes.be/en/0518885761/mogro. 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.

Tight liquidity NBB

Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

MOGRO from Merchtem, company number BE0518885761, closed financial year 2025 with a result of € 432,268 after tax. For that financial year MOGRO recorded a gross margin of € 1.9 million and equity of € 9.7 million. Compared with financial year 2024, the result moved from € 552,845 to € 432,268. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Growing

€ 9.7 million

▲ 5% vs 2024

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

Profit Healthy

€ 432,268

▼ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 846,099

▲ € 639,665 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.6 million.

People and assets in 2025

Full-time equivalents

8.4

▲ 3 vs 2024

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

Wage cost

€ 476,442

▲ 80% vs 2024

€ 56,700 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

€ 1,895

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6.9 million

▼ 7% vs 2024

€ 550,000 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 137,738

▼ 64% vs 2024

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

Wages and social charges

€ 54,533

▲ 37% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,188,001 Gross margin 2022: € 2,188,001 First fiscal year in the series	€ 1,452,539 Gross margin 2023: € 1,452,539 ▼ 34% vs 2022 (€ 2,188,001) Unfavourable step	€ 1,982,190 Gross margin 2024: € 1,982,190 ▲ 36% vs 2023 (€ 1,452,539) Favourable step	€ 1,946,778 Gross margin 2025: € 1,946,778 ▼ 2% vs 2024 (€ 1,982,190) Unfavourable step	▼ 2%
Profit after taxes	€ 646,721 Profit after taxes 2022: € 646,721 First fiscal year in the series	€ 113,669 Profit after taxes 2023: € 113,669 ▼ 82% vs 2022 (€ 646,721) Unfavourable step	€ 552,845 Profit after taxes 2024: € 552,845 ▲ € 439,175 vs 2023 (€ 113,669) Favourable step	€ 432,268 Profit after taxes 2025: € 432,268 ▼ 22% vs 2024 (€ 552,845) Unfavourable step	▼ 22%
Equity	€ 8,616,745 Equity 2022: € 8,616,745 First fiscal year in the series	€ 8,730,414 Equity 2023: € 8,730,414 ▲ 1% vs 2022 (€ 8,616,745) Favourable step	€ 9,283,258 Equity 2024: € 9,283,258 ▲ 6% vs 2023 (€ 8,730,414) Favourable step	€ 9,715,526 Equity 2025: € 9,715,526 ▲ 5% vs 2024 (€ 9,283,258) Favourable step	▲ 5%
Total debts	€ 12,090,138 Total debts 2022: € 12,090,138 First fiscal year in the series	€ 11,022,365 Total debts 2023: € 11,022,365 ▼ 9% vs 2022 (€ 12,090,138) Favourable step	€ 9,571,137 Total debts 2024: € 9,571,137 ▼ 13% vs 2023 (€ 11,022,365) Favourable step	€ 9,238,759 Total debts 2025: € 9,238,759 ▼ 3% vs 2024 (€ 9,571,137) Favourable step	▼ 3%
Cash	€ 390,560 Cash 2022: € 390,560 First fiscal year in the series	€ 356,912 Cash 2023: € 356,912 ▼ 9% vs 2022 (€ 390,560) Unfavourable step	€ 206,434 Cash 2024: € 206,434 ▼ 42% vs 2023 (€ 356,912) Unfavourable step	€ 846,099 Cash 2025: € 846,099 ▲ € 639,665 vs 2024 (€ 206,434) Favourable step	▲ € 639,665
Land & buildings	€ 17,177,128 Land & buildings 2022: € 17,177,128 First fiscal year in the series	€ 16,900,302 Land & buildings 2023: € 16,900,302 ▼ 2% vs 2022 (€ 17,177,128) Unchanged	€ 16,520,240 Land & buildings 2024: € 16,520,240 ▼ 2% vs 2023 (€ 16,900,302) Unchanged	€ 16,163,550 Land & buildings 2025: € 16,163,550 ▼ 2% vs 2024 (€ 16,520,240) Unchanged	▼ 2%
Retained profit	€ 1,510,620 Retained profit 2022: € 1,510,620 First fiscal year in the series	€ 1,624,289 Retained profit 2023: € 1,624,289 ▲ 8% vs 2022 (€ 1,510,620) Favourable step	€ 2,177,134 Retained profit 2024: € 2,177,134 ▲ 34% vs 2023 (€ 1,624,289) Favourable step	€ 2,609,402 Retained profit 2025: € 2,609,402 ▲ 20% vs 2024 (€ 2,177,134) Favourable step	▲ 20%
Bank debt	€ 9,109,896 Bank debt 2022: € 9,109,896 First fiscal year in the series	€ 8,216,146 Bank debt 2023: € 8,216,146 ▼ 10% vs 2022 (€ 9,109,896) Favourable step	€ 7,408,334 Bank debt 2024: € 7,408,334 ▼ 10% vs 2023 (€ 8,216,146) Favourable step	€ 6,858,334 Bank debt 2025: € 6,858,334 ▼ 7% vs 2024 (€ 7,408,334) Favourable step	▼ 7%
Balance sheet total	€ 20,706,883 Balance sheet total 2022: € 20,706,883 First fiscal year in the series	€ 19,752,779 Balance sheet total 2023: € 19,752,779 ▼ 5% vs 2022 (€ 20,706,883) Unchanged	€ 18,854,395 Balance sheet total 2024: € 18,854,395 ▼ 5% vs 2023 (€ 19,752,779) Unchanged	€ 18,954,285 Balance sheet total 2025: € 18,954,285 ▲ 1% vs 2024 (€ 18,854,395) Unchanged	▲ 1%
Employees (FTE)	2.8 Employees (FTE) 2022: 2.8 First fiscal year in the series	5.7 Employees (FTE) 2023: 5.7 ▲ 2.9 vs 2022 (2.8) Unchanged	5.4 Employees (FTE) 2024: 5.4 ▼ 0.3 vs 2023 (5.7) Unchanged	8.4 Employees (FTE) 2025: 8.4 ▲ 3 vs 2024 (5.4) Unchanged	▲ 3

Key figures of MOGRO, 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 MOGRO?

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

Jun 26, 2026 New annual accounts for financial year 2025: profit of € 432,268 (▼ 22% vs 2024). Source: NBB ↗
Feb 26, 2013 Start of the company according to the CBE. KBO
Feb 21, 2013 New establishment in Merchtem. KBO

In short

From € 646,721 profit in 2022 to € 432,268 profit in 2025.

Paid € 675,983 in corporate taxes since 2022.

Best year ever: 2022, with € 646,721 profit.

On average € 231,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Koenraad DE GROEVE PHIKO

PHIKO

HERTOG JAN

CHAVA

MOGRO

Behind MOGRO are Koenraad DE GROEVE and PHIKO. Koenraad DE GROEVE is also behind PHIKO, HERTOG JAN and CHAVA.

Directors

According to the 2025 annual accounts

Koenraad DE GROEVE

Managing director

Also active at: PHIKO, HERTOG JAN, CHAVA

PHIKO

Managing director · represented by Philippe Moris

Establishments

Establishment units

Physical locations of this company

Registered office

St-Guduladreef 52a

1785 Merchtem

2.222.885.157

St-Guduladreef 52 A

1785 Merchtem

Active since 21 February 2013

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 →

GROMO

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

Details

Company number

0518.885.761

VAT number

BE 0518.885.761

Registered office

St-Guduladreef 52a, 1785 Merchtem

Names & denominations

MOGRO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 February 2013

Peppol

Active · Active since 12 Nov 2024

Activities · NACE

Serviceflats voor ouderen

Handel in eigen onroerend goed

Ontwikkeling van niet-residentiële bouwprojecten

Ontwikkeling van residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

MOGRO

Warning lights

Financials

What happened to MOGRO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions