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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Figures corrected NBB
Corrected annual account filed for 2023.
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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
MORPHEO from Sint-Genesius-Rode, company number BE0686765542, closed financial year 2024 with a result of € 435,536 after tax. For that financial year MORPHEO recorded a gross margin of € 736,343 and equity of € 2.7 million. Compared with financial year 2023, the result moved from € 402,835 to € 435,536. Profitable, and profit is growing. 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 July 25, 2025.
€ 2.7 million
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 435,536
▲ 8% vs 2023
Profit after tax over the fiscal year.
€ 790,732
▲ 102% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.7 million.
People and assets in 2024
€ 55,321
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 107
▼ 97% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 655,888 | € 671,216 | € 702,629 | € 736,343 | ▲ 5% |
| Profit after taxes | € 384,320 | € 381,075 | € 402,835 | € 435,536 | ▲ 8% |
| Equity | € 1,673,427 | € 1,854,502 | € 2,257,337 | € 2,692,873 | ▲ 19% |
| Total debts | € 142,215 | € 314,807 | € 6,130 | € 45,107 | ▲ € 38,977 |
| Cash | € 909,778 | € 1,364,538 | € 391,802 | € 790,732 | ▲ 102% |
| Retained profit | € 1,661,027 | € 1,842,102 | € 2,244,937 | € 2,680,473 | ▲ 19% |
| Dividend | € 0 | € 200,000 | € 0 | € 0 | |
| Balance sheet total | € 1,815,642 | € 2,169,309 | € 2,263,467 | € 2,737,980 | ▲ 21% |
Key figures of MORPHEO, 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 MORPHEO?
What happened at MORPHEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 435,536 (▲ 8% vs 2023). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 384,320 profit in 2021 to € 435,536 profit in 2024.
Paid € 698,413 in corporate taxes since 2021.
Best year ever: 2024, with € 435,536 profit.
Paid out € 200,000 in dividends to the owners in total.
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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
Julien Kersten
Director
Establishments
Establishment units
Physical locations of this company
Terkluizendreef 47
1640 Sint-Genesius-Rode
Stille Oceaanstraat 5
1180 Ukkel
Active since 22 December 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.765.542
- VAT number
- BE 0686.765.542
- Registered office
- Terkluizendreef 47, 1640 Sint-Genesius-Rode
- Names & denominations
- MORPHEO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2017
- Peppol
- Not registered
- Activities · NACE
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