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 2023 and 2024.
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Late annual account NBB
Fiscal year 2024 was filed 413 days after the legal deadline.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
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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
Mechelen Morgen from Mechelen, company number BE0642642123, closed financial year 2024 with a result of € -32,687 after tax. For that financial year Mechelen Morgen recorded a gross margin of € -4,471 and equity of € -1.2 million. Compared with financial year 2023, the result moved from € -35,317 to € -32,687. 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 September 17, 2026.
€ -1.2 million
▼ € 32,687 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,687
▲ 7 % less loss than in 2023
Profit after tax over the fiscal year.
€ 742,082
▼ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 2 million
▼ 1% vs 2023
€ 27,846 is repaid this year. At this pace the long-term loan is gone in ≈ 72 years.
€ 5,702
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -34,769 | € -21,733 | € -29,075 | € -4,471 | ▲ € 24,604 |
| Profit after taxes | € -778,450 | € -28,237 | € -35,317 | € -32,687 | ▲ € 2,630 |
| Equity | € -1,077,612 | € -1,105,849 | € -1,141,167 | € -1,173,854 | ▼ € 32,687 |
| Total debts | € 1,327,147 | € 2,226,147 | € 2,201,999 | € 2,015,936 | ▼ 8% |
| Cash | € 6,781 | € 874,861 | € 811,476 | € 742,082 | ▼ 9% |
| Retained profit | € -1,174,812 | € -1,203,049 | € -1,238,367 | € -1,271,054 | ▼ € 32,687 |
| Bank debt | € 841,556 | € 2,064,813 | € 2,037,707 | € 2,010,234 | ▼ 1% |
| Balance sheet total | € 249,535 | € 1,120,297 | € 1,060,832 | € 842,082 | ▼ 21% |
Key figures of Mechelen Morgen, 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 Mechelen Morgen?
What happened at Mechelen Morgen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 32,687. filed late Source: NBB ↗
- Thijs Verbeurgt became a director. NBB
- Abdrahman Labsir became a director. NBB
- Walter Werquin became a director. NBB
- Björn Siffer became a director. NBB
- Freya Perdaens became a director. NBB
- Gabriella De Francesco became a director. NBB
- Alexander Vandersmissen became a director. NBB
In short
From € 778,450 loss in 2021 to € 32,687 loss in 2024.
Management
The stake of QUARES INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Mechelen MorgenBehind Mechelen Morgen are Philippe De Waegeneer, Thijs Verbeurgt, Freddy Hoorens, Abdrahman Labsir, Frank Creyelman and Walter Werquin. The shares are held by QUARES INVEST (15.3%).
Directors
According to the 2024 annual accounts
Philippe De Waegeneer
Director
since 2015
Thijs Verbeurgt
Director
since 2019
Freddy Hoorens
Director
since 2015
Abdrahman Labsir
Director
since 2019
since 2015
Walter Werquin
Director
since 2019
Björn Siffer
Director
Also active at: Autonoom Gemeentebedrijf Mechelen Actief in Cultuur, Autonoom Gemeentebedrijf Sport Actief Mechelen
since 2019
Greet Geypen
Director
Also active at: Intercommunale voor Ontwikkeling van het Gewest Mechelen en Omgeving, CIPAL, FLUVIUS ZENNE-DIJLE, FLANDERS TECHNOLOGY INTERNATIONAL, TECHNOPOLIS, Fluvius System Operator, Autonoom Gemeentebedrijf Mechelen Actief in Cultuur, Mechelen Feest
since 2015
Freya Perdaens
Director
since 2019
Bart Somers
Director
Also active at: INTERGEMEENTELIJKE VERENIGING VOOR DUURZAAM AFVALBEHEER REGIO MECHELEN (IVAREM) (OPDRACHTHOUDENDE VERENIGING), Vereniging van Vlaamse Steden en Gemeenten, Kazerne Dossin: Memoriaal,Museum en Documentatiecentrum over Holocaust en Mensenrechten
since 2015
Gabriella De Francesco
Director
since 2019
Jean-Paul Sols
Director
since 2015
Marina De Bie
Director
since 2015
since 2015
Alexander Vandersmissen
Director
Also active at: Pontes, Woonmaatschappij Rivierenland, Vereniging van Vlaamse Steden en Gemeenten, Hannah Arendt Instituut voor burgerschap, stedelijkheid en diversiteit
since 2019
Shareholders
15.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Grote Markt 21
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Stad Mechelen
Gemeentelijk Slachthuisbedrijf van Mechelen
Regie der Mechelse Vrije Groentemarkt
Stichting Antoon Spinoy
Personeelskring Stad Mechelen
+5 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
- 0642.642.123
- VAT number
- BE 0642.642.123
- Registered office
- Grote Markt 21, 2800 Mechelen
- Names & denominations
- Mechelen Morgen
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 4 November 2015
- Peppol
- Not registered