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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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MoHa from Elsene, company number BE0700220927, closed financial year 2025 with a result of € 6,901 after tax. For that financial year MoHa recorded a gross margin of € 254,345 and equity of € -326,626. Compared with financial year 2024, the result moved from € 140,998 to € 6,901. The company is profitable. 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 July 31, 2026.
€ -326,626
▲ € 6,901 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,901
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 31,727
▼ 14% 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 € -388,126.
Debts at end 2025
€ 2.8 million
▼ 5% vs 2024
€ 35,700 is repaid this year. At this pace the long-term loan is gone in ≈ 78 years.
€ 1,392
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 181,128 | € 276,434 | € 434,548 | € 254,345 | ▼ 41% |
| Profit after taxes | € -97,239 | € -1,377 | € 140,998 | € 6,901 | ▼ 95% |
| Equity | € -473,148 | € -474,525 | € -333,527 | € -326,626 | ▲ € 6,901 |
| Total debts | € 3,948,238 | € 3,856,171 | € 3,620,027 | € 3,503,035 | ▼ 3% |
| Cash | € 16,030 | € 27,378 | € 37,025 | € 31,727 | ▼ 14% |
| Land & buildings | € 3,459,060 | € 3,354,268 | € 3,249,475 | € 3,144,682 | ▼ 3% |
| Retained profit | € -534,648 | € -536,025 | € -395,027 | € -388,126 | ▲ € 6,901 |
| Bank debt | € 3,180,084 | € 3,066,257 | € 2,927,269 | € 2,783,814 | ▼ 5% |
| Balance sheet total | € 3,475,090 | € 3,381,646 | € 3,286,500 | € 3,176,409 | ▼ 3% |
Key figures of MoHa, 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 MoHa?
What happened at MoHa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BEMO NV stepped down as director. NBB
- LEMA NV stepped down as director. NBB
- LAURENT HANSSEUW stepped down as director. NBB
- LOCATION ET GESTION SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,901 (▼ 95% vs 2024). Source: NBB ↗
- BEMO NV became a director. NBB
- LEMA NV became a director. NBB
- LAURENT HANSSEUW became a director. NBB
In short
From € 97,239 loss in 2022 to € 6,901 profit in 2025.
Best year ever: 2024, with € 140,998 profit.
A new publication or filing at MoHa? 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
The stake of D.L.S.A., Moortgat Real Estate comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MoHaThe shares are held by D.L.S.A. (50%) and Moortgat Real Estate (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by BERNARD MOORTGAT
Also active at: DUVEL MOORTGAT, Brouwerij De Valk, Gildenhuis Wilrijk, Brouwerij De Koninck, La Vallée des Fées, PARALLEL, Moortgat Real Estate, KEBOLA
since 2025 · until 2027
Director · represented by MICHEL MOORTGAT
Also active at: DUVEL MOORTGAT, LOTUS BAKERIES, Brouwerij De Valk, Gildenhuis Wilrijk, ANTWERP CITY BREWERY, Brouwerij De Koninck, La Vallée des Fées, Moortgat Financial Services +6 more
since 2025 · until 2027
since 2025 · until 2027
Director · represented by LAURENT GOFFEAU
Also active at: Belgian American Corporation, D.L.S.A., METTEWIMMO, RIORIM, YES CONCEPT, IMMO FORT JACO, IMMO ACH
since 2021 · until 2027
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gulden-Vlieslaan 21 box 5
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Belgian American Corporation same network
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Immobilière Ideal
€ 880,809 gross margin · 2024
Interbureau
IMMOBILIERE SZLACHTER
€ 456,129 gross margin · 2025
+24 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
- 0700.220.927
- VAT number
- BE 0700.220.927
- Registered office
- Gulden-Vlieslaan 21 bus 5, 1050 Elsene
- Names & denominations
- MoHa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2018
- Peppol
- Active · Active since 23 Dec 2025