Active · per the CBE, 30 October 2026

MORTELL

BE0702951971

Rechtspersoon Private limited company 1 establishment

MORTELL is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 10 September 2018, 1 establishment.

Keizersplein 71, 9300 Aalst

Behind the company: Passiemmo Comm.V.

Active for

8 year, 1 month

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 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MORTELL from Aalst, company number BE0702951971, closed financial year 2025 with a result of € -35,380 after tax. For that financial year MORTELL recorded a gross margin of € 12,888 and equity of € 27,082. Compared with financial year 2024, the result moved from € 16,721 to € -35,380. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.

What it is worth Shrank hard

€ 27,082

▼ 57% vs 2024

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

Loss Caution

€ -35,380

▼ still € 16,721 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,393

▲ € 17,683 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 8,482.

People and assets in 2025

Full-time equivalents

0

▼ 1.3 vs 2024

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

Debts at end 2025

Bank debt ≈ 14 years to go

€ 445,655

▼ 7% vs 2024

€ 30,893 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 3,711

▼ 21% vs 2024

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

Taxes

€ 6,352

▼ 53% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 126,474 € 170,874 € 167,955 € 12,888 ▼ 92%
Profit after taxes € 29,116 € 20,795 € 16,721 € -35,380 ▼ € 52,101
Equity € 24,946 € 45,741 € 62,462 € 27,082 ▼ 57%
Total debts € 653,351 € 603,445 € 526,044 € 1,283,766 ▲ 144%
Cash € 21,844 € 8,602 € 4,710 € 22,393 ▲ € 17,683
Land & buildings € 398,731 € 583,827 € 568,957 € 1,131,343 ▲ 99%
Retained profit € 6,346 € 27,141 € 43,862 € 8,482 ▼ 81%
Bank debt € 546,393 € 513,797 € 477,067 € 445,655 ▼ 7%
Balance sheet total € 678,297 € 649,185 € 588,506 € 1,310,848 ▲ 123%
Employees (FTE) - - 1.3 0 ▼ 1.3

Key figures of MORTELL, 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 MORTELL?

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

  • New annual accounts for financial year 2025: loss of € 35,380 (▼ € 52,101 vs 2024). Source: NBB ↗
  • New establishment in Aalst. KBO
  • Start of the company according to the CBE. KBO

In short

From € 29,116 profit in 2022 to € 35,380 loss in 2025.

Paid € 16,501 in corporate taxes since 2022.

Best year ever: 2022, with € 29,116 profit.

On average € 129,200 of value added per employee in 2024.

Management

Behind MORTELL is Passiemmo Comm.V. Passiemmo Comm.V is also behind IMMO ZONE, KENMIDES, HESTOR and B&V-Invest.

Directors

According to the 2025 annual accounts

Passiemmo Comm.V

Director · represented by Kristof Vanderbeken

Also active at: IMMO ZONE, KENMIDES, HESTOR, B&V-Invest

Establishments

Establishment units

Physical locations of this company

Registered office

Keizersplein 71

9300 Aalst

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

Details

Company number
0702.951.971
VAT number
BE 0702.951.971
Registered office
Keizersplein 71, 9300 Aalst
Names & denominations
MORTELL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 September 2018
Peppol
Active · Active since 2 Jan 2025
Activities · NACE

Handel in eigen onroerend goed

Frequently asked questions

What does MORTELL do?
MORTELL is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 10 September 2018, 1 establishment.
What is the address of MORTELL?
The registered office of MORTELL is located at Keizersplein 71, 9300 Aalst.
Is MORTELL still active?
Yes. According to the CBE (30 October 2026) MORTELL is active, legal situation “Normale toestand”, started on 10 September 2018.
Is MORTELL registered on Peppol?
Yes, MORTELL is registered on the Peppol network with ID 0208:0702951971.
What is the enterprise number of MORTELL?
The enterprise number of MORTELL is BE0702951971.
When was MORTELL founded?
MORTELL was founded on 10 September 2018.