What does THE MORE do?

THE MORE is a shop in Pelt. Private Limited, started on 11 May 2020, 1 establishment.

What is the address of THE MORE?

The registered office of THE MORE is located at Kloosterstraat 27, 3910 Pelt.

Is THE MORE still active?

Yes. According to the CBE (31 October 2026) THE MORE is active, legal situation “Normale toestand”, started on 11 May 2020.

Is THE MORE registered on Peppol?

Yes, THE MORE is registered on the Peppol network with ID 0208:0746798545.

What is the enterprise number of THE MORE?

The enterprise number of THE MORE is BE0746798545.

When was THE MORE founded?

THE MORE was founded on 11 May 2020.

Who are the directors of THE MORE?

According to the 2025 annual accounts, the directors of THE MORE are: Specula BV, OPTIEK MOREAU BV.

Is THE MORE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 May 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did THE MORE make in 2025?

THE MORE posted a profit after taxes of € 276,359 in financial year 2025.

What is the revenue of THE MORE?

As a small company, THE MORE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 373,885.

How much does an employee at THE MORE earn?

The average wage cost per full-time employee at THE MORE was € 30,700 in 2025: staff costs of € 52,231 for 1.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE MORE have?

According to the 2025 annual accounts, THE MORE has 1.7 full-time equivalents (FTE).

THE MORE (Private Limited) - Pelt - BE0746798545

Dossier THE MORE, printed on 31 October 2026 from databakkes.be/en/0746798545/the-more. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 49 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

THE MORE from Pelt, company number BE0746798545, closed financial year 2025 with a result of € 276,359 after tax. For that financial year THE MORE recorded a gross margin of € 373,885 and equity of € 175,060. Compared with financial year 2024, the result moved from € 77,305 to € 276,359. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.

What it is worth Growing

€ 175,060

▲ 4% vs 2024

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

Profit Growing

€ 276,359

▲ 257% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 185,305

▲ 36% vs 2024

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

Where the profit goes Pays out

€ 270,000 paid out

98 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

1.7

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

Wage cost

€ 52,231

▼ 31% vs 2024

€ 30,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,376

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 110,474

▼ 39% vs 2024

€ 68,786 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 35,574

▼ 7% vs 2024

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

Taxes and wages

€ 30,429

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 189,763 Gross margin 2022: € 189,763 First fiscal year in the series	€ 238,389 Gross margin 2023: € 238,389 ▲ 26% vs 2022 (€ 189,763) Favourable step	€ 224,817 Gross margin 2024: € 224,817 ▼ 6% vs 2023 (€ 238,389) Unfavourable step	€ 373,885 Gross margin 2025: € 373,885 ▲ 66% vs 2024 (€ 224,817) Favourable step	▲ 66%
Profit after taxes	€ 32,114 Profit after taxes 2022: € 32,114 First fiscal year in the series	€ 78,851 Profit after taxes 2023: € 78,851 ▲ 146% vs 2022 (€ 32,114) Favourable step	€ 77,305 Profit after taxes 2024: € 77,305 ▼ 2% vs 2023 (€ 78,851) Unfavourable step	€ 276,359 Profit after taxes 2025: € 276,359 ▲ 257% vs 2024 (€ 77,305) Favourable step	▲ 257%
Equity	€ 162,546 Equity 2022: € 162,546 First fiscal year in the series	€ 166,396 Equity 2023: € 166,396 ▲ 2% vs 2022 (€ 162,546) Favourable step	€ 168,701 Equity 2024: € 168,701 ▲ 1% vs 2023 (€ 166,396) Favourable step	€ 175,060 Equity 2025: € 175,060 ▲ 4% vs 2024 (€ 168,701) Favourable step	▲ 4%
Total debts	€ 647,720 Total debts 2022: € 647,720 First fiscal year in the series	€ 499,651 Total debts 2023: € 499,651 ▼ 23% vs 2022 (€ 647,720) Favourable step	€ 432,092 Total debts 2024: € 432,092 ▼ 14% vs 2023 (€ 499,651) Favourable step	€ 458,098 Total debts 2025: € 458,098 ▲ 6% vs 2024 (€ 432,092) Unfavourable step	▲ 6%
Cash	€ 167,845 Cash 2022: € 167,845 First fiscal year in the series	€ 102,701 Cash 2023: € 102,701 ▼ 39% vs 2022 (€ 167,845) Unfavourable step	€ 135,976 Cash 2024: € 135,976 ▲ 32% vs 2023 (€ 102,701) Favourable step	€ 185,305 Cash 2025: € 185,305 ▲ 36% vs 2024 (€ 135,976) Favourable step	▲ 36%
Land & buildings	€ 206,100 Land & buildings 2022: € 206,100 First fiscal year in the series	€ 178,100 Land & buildings 2023: € 178,100 ▼ 14% vs 2022 (€ 206,100) Unchanged	€ 150,100 Land & buildings 2024: € 150,100 ▼ 16% vs 2023 (€ 178,100) Unchanged	€ 122,100 Land & buildings 2025: € 122,100 ▼ 19% vs 2024 (€ 150,100) Unchanged	▼ 19%
Retained profit	€ 62,546 Retained profit 2022: € 62,546 First fiscal year in the series	€ 66,396 Retained profit 2023: € 66,396 ▲ 6% vs 2022 (€ 62,546) Favourable step	€ 68,701 Retained profit 2024: € 68,701 ▲ 3% vs 2023 (€ 66,396) Favourable step	€ 75,060 Retained profit 2025: € 75,060 ▲ 9% vs 2024 (€ 68,701) Favourable step	▲ 9%
Dividend	€ 20,000 Dividend 2022: € 20,000 First fiscal year in the series	€ 75,000 Dividend 2023: € 75,000 ▲ 275% vs 2022 (€ 20,000) Unchanged	€ 75,000 Dividend 2024: € 75,000 Unchanged (€ 75,000) Unchanged	€ 270,000 Dividend 2025: € 270,000 ▲ 260% vs 2024 (€ 75,000) Unchanged	▲ 260%
Bank debt	€ 316,195 Bank debt 2022: € 316,195 First fiscal year in the series	€ 251,160 Bank debt 2023: € 251,160 ▼ 21% vs 2022 (€ 316,195) Favourable step	€ 182,246 Bank debt 2024: € 182,246 ▼ 27% vs 2023 (€ 251,160) Favourable step	€ 110,474 Bank debt 2025: € 110,474 ▼ 39% vs 2024 (€ 182,246) Favourable step	▼ 39%
Balance sheet total	€ 810,266 Balance sheet total 2022: € 810,266 First fiscal year in the series	€ 666,047 Balance sheet total 2023: € 666,047 ▼ 18% vs 2022 (€ 810,266) Unchanged	€ 600,793 Balance sheet total 2024: € 600,793 ▼ 10% vs 2023 (€ 666,047) Unchanged	€ 633,158 Balance sheet total 2025: € 633,158 ▲ 5% vs 2024 (€ 600,793) Unchanged	▲ 5%
Employees (FTE)	1.5 Employees (FTE) 2022: 1.5 First fiscal year in the series	1.8 Employees (FTE) 2023: 1.8 ▲ 0.3 vs 2022 (1.5) Unchanged	1.7 Employees (FTE) 2024: 1.7 ▼ 0.1 vs 2023 (1.8) Unchanged	1.7 Employees (FTE) 2025: 1.7 Unchanged (1.7) Unchanged

Key figures of THE MORE, 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 THE MORE?

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

Jun 24, 2026 New annual accounts for financial year 2025: profit of € 276,359 (▲ 257% vs 2024). Source: NBB ↗
2022 Specula BV became a director. NBB
May 11, 2020 New establishment in Pelt. KBO
May 11, 2020 Start of the company according to the CBE. KBO
2020 OPTIEK MOREAU BV became a director. NBB

In short

From € 32,114 profit in 2022 to € 276,359 profit in 2025.

Paid € 14,570 in corporate taxes since 2022.

Best year ever: 2025, with € 276,359 profit.

On average € 219,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Specula BV OPTIEK MOREAU BV

THE MORE

Behind THE MORE are Specula BV and OPTIEK MOREAU BV.

Directors

According to the 2025 annual accounts

Specula BV

Director · represented by Inge Theuwis

since 2022

OPTIEK MOREAU BV

Director · represented by Lizzy Moreau

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Kloosterstraat 27

3910 Pelt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

OPTIEK MOREAU same network

€ 92,177 gross margin · 2025

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

Details

Company number

0746.798.545

VAT number

BE 0746.798.545

Registered office

Kloosterstraat 27, 3910 Pelt

Names & denominations

THE MORE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 May 2020

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Detailhandel in corrigerende brillen, lenzen en zonnebrillen

Detailhandel in fotografische en optische artikelen en in precisieinstrumenten in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

THE MORE

Warning lights

Financials

What happened to THE MORE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions