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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORGENROOD from Bonheiden, company number BE0787901405, closed financial year 2025 with a result of € -1,876 after tax. For that financial year MORGENROOD recorded a gross margin of € -400 and equity of € -8,562. Compared with financial year 2024, the result moved from € -2,756 to € -1,876. 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 May 26, 2026.
€ -8,562
▼ € 1,876 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,876
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,562.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 520
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,025 | € -810 | € -384 | € -400 | ▼ € 15 |
| Profit after taxes | € -6,631 | € -2,299 | € -2,756 | € -1,876 | ▲ € 881 |
| Equity | € -1,631 | € -3,931 | € -6,687 | € -8,562 | ▼ € 1,876 |
| Total debts | € 23,451 | € 11,562 | € 10,088 | € 10,646 | ▲ 6% |
| Cash | € 1,109 | € 43 | - | - | |
| Retained profit | € -6,631 | € -8,931 | € -11,687 | € -13,562 | ▼ € 1,876 |
| Bank debt | € 0 | € 0 | € 7 | € 0 | ▼ 100% |
| Balance sheet total | € 21,819 | € 7,631 | € 3,401 | € 2,084 | ▼ 39% |
Key figures of MORGENROOD, 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 MORGENROOD?
What happened at MORGENROOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,876. Source: NBB ↗
- New establishment in Bonheiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,631 loss in 2022 to € 1,876 loss in 2025.
Management
Behind MORGENROOD are KRISTOF SCHIPPERS and KOEN PROOT. KOEN PROOT is also behind The 9 Liter Club.
Directors
According to the 2025 annual accounts
KRISTOF SCHIPPERS
Director
Establishments
Establishment units
Physical locations of this company
Rijmenamseweg 65
2820 Bonheiden
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0787.901.405
- VAT number
- BE 0787.901.405
- Registered office
- Rijmenamseweg 65, 2820 Bonheiden
- Names & denominations
- MORGENROOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2022
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Cafés en bars
Overige recreatie- en ontspanningsactiviteiten, neg
Catering van evenementen