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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
MORTREU GUY PROJECTS from Gent, company number BE0690865573, closed financial year 2025 with a result of € -36,792 after tax. For that financial year MORTREU GUY PROJECTS recorded a gross margin of € 121,327 and equity of € 47,295. Compared with financial year 2024, the result moved from € -44,814 to € -36,792. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 47,295
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,792
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
€ 57,542
▲ € 46,167 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -152,705.
People and assets in 2025
€ 9,952
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,734
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,687
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -22,815 | € 3,787 | € 35,556 | € 121,327 | ▲ 241% |
| Profit after taxes | € -22,595 | € 4,349 | € -44,814 | € -36,792 | ▲ € 8,022 |
| Equity | € 124,553 | € 128,902 | € 84,088 | € 47,295 | ▼ 44% |
| Total debts | € 23,450 | € 23,616 | € 1,635,483 | € 2,464,523 | ▲ 51% |
| Cash | € 15,554 | € 996 | € 11,375 | € 57,542 | ▲ € 46,167 |
| Land & buildings | - | - | - | € 2,401,299 | |
| Retained profit | € -75,447 | € -71,098 | € -115,912 | € -152,705 | ▼ € 36,792 |
| Balance sheet total | € 148,002 | € 152,519 | € 1,719,571 | € 2,511,818 | ▲ 46% |
Key figures of MORTREU GUY PROJECTS, 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 MORTREU GUY PROJECTS?
What happened at MORTREU GUY PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,792. Source: NBB ↗
- Chelsea BV became a director. NBB
- MFDesign BV stepped down as director. NBB
- MFDesign BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,595 loss in 2022 to € 36,792 loss in 2025.
Best year ever: 2023, with € 4,349 profit.
Management
Behind MORTREU GUY PROJECTS is Chelsea BV.
Directors
According to the 2025 annual accounts
Director · represented by Guy MORTREU
since 2026
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Baarledorpstraat 95
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0690.865.573
- VAT number
- BE 0690.865.573
- Registered office
- Baarledorpstraat 95, 9031 Gent
- Names & denominations
- MORTREU GUY PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 2018
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Handel in eigen onroerend goed