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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORGAN from Pont-à-Celles, company number BE0755769065, closed financial year 2025 with a result of € -70 after tax. For that financial year MORGAN recorded a gross margin of € 3,616 and equity of € -49,665. Compared with financial year 2024, the result moved from € -8,520 to € -70. The company made a loss. 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 September 29, 2026.
€ -49,665
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70
▲ 99 % less loss than in 2024
Profit after tax over the fiscal year.
€ 52
▼ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -51,665.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 441
▼ 41% 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.
€ 315
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,891
▼ 68% vs 2024
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 | € -27,992 | € 2,096 | € -4,305 | € 3,616 | ▲ € 7,921 |
| Profit after taxes | € -30,628 | € -5,656 | € -8,520 | € -70 | ▲ € 8,449 |
| Equity | € -35,418 | € -41,075 | € -49,594 | € -49,665 | |
| Total debts | € 55,008 | € 62,896 | € 63,157 | € 57,272 | ▼ 9% |
| Cash | € 3,492 | € 2,909 | € 479 | € 52 | ▼ 89% |
| Retained profit | € -37,418 | € -43,075 | € -51,594 | € -51,665 | |
| Bank debt | € 0 | € 27 | € 3 | € 0 | ▼ 100% |
| Balance sheet total | € 19,590 | € 21,822 | € 13,563 | € 7,607 | ▼ 44% |
Key figures of MORGAN, 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 MORGAN?
What happened at MORGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70. filed late Source: NBB ↗
- New establishment in Pont-à-Celles. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,628 loss in 2022 to € 70 loss in 2025.
Paid € 551 in corporate taxes since 2022.
Management
Behind MORGAN is Morgan Capitte.
Directors
According to the 2025 annual accounts
Morgan Capitte
Director
Establishments
Establishment units
Physical locations of this company
Rue Neuve(LUT) 53
6238 Pont-à-Celles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0755.769.065
- VAT number
- BE 0755.769.065
- Registered office
- Rue Neuve(LUT) 53, 6238 Pont-à-Celles
- Names & denominations
- MORGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2020
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- [email protected] +32472885712
- Activities · NACE
Schrijnwerk
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Beroepsopleiding
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