Financials
Financial year 2025
MOREELS from Gent, company number BE0722659106, closed financial year 2025 with a result of € 49,354 after tax. For that financial year MOREELS recorded a gross margin of € 89,212 and equity of € 81,882. Compared with financial year 2024, the result moved from € 39,457 to € 49,354. 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 August 19, 2026.
€ 81,882
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,354
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 7,201
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
91 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,733
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 43,421
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 967
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,850
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,960 | € 143,295 | € 66,274 | € 89,212 | ▲ 35% |
| Profit after taxes | € 2,148 | € 101,100 | € 39,457 | € 49,354 | ▲ 25% |
| Equity | € -31,464 | € 69,636 | € 77,528 | € 81,882 | ▲ 6% |
| Total debts | € 409,311 | € 76,245 | € 37,945 | € 29,082 | ▼ 23% |
| Cash | € 10,705 | € 349 | € 5,161 | € 7,201 | ▲ 40% |
| Land & buildings | € 345,877 | € 31,740 | € 30,849 | € 29,957 | ▼ 3% |
| Retained profit | € -43,864 | € 57,236 | € 58,928 | € 63,282 | ▲ 7% |
| Dividend | € 0 | € 0 | € 37,765 | € 45,000 | ▲ 19% |
| Bank debt | € 363,987 | € 30,683 | € 3,936 | € 0 | ▼ 100% |
| Balance sheet total | € 377,847 | € 145,881 | € 115,473 | € 110,964 | ▼ 4% |
Key figures of MOREELS, 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 MOREELS?
What happened at MOREELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,354 (▲ 25% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,148 profit in 2022 to € 49,354 profit in 2025.
Paid € 51,484 in corporate taxes since 2022.
Best year ever: 2023, with € 101,100 profit.
Paid out € 82,765 in dividends to the owners in total.
Management
Behind MOREELS is Jasper MOREELS. It owns 50% of MINNE & MOREELS itself.
Directors
According to the 2025 annual accounts
Jasper MOREELS
Director
Establishments
Establishment units
Physical locations of this company
Voetbalstraat 78
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.659.106
- VAT number
- BE 0722.659.106
- Registered office
- Voetbalstraat 78, 9050 Gent
- Names & denominations
- MOREELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2019
- Peppol
- Active · Active since 21 Oct 2026
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