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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MORE & CO from Willebroek, company number BE0818374548, closed financial year 2025 with a result of € 3,381 after tax. For that financial year MORE & CO recorded a gross margin of € 58,217 and equity of € 182,600. Compared with financial year 2024, the result moved from € 4,039 to € 3,381. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 182,600
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,381
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 4,847
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 162,140.
People and assets in 2025
€ 8,359
▼ 33% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,065
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 264,018
▼ 34% vs 2024
€ 35,391 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 31,891
▲ 211% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,329
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 64,549 | € 101,761 | € 91,022 | € 58,217 | ▼ 36% |
| Profit after taxes | € 17,219 | € 43,700 | € 4,039 | € 3,381 | ▼ 16% |
| Equity | € 131,479 | € 175,179 | € 179,218 | € 182,600 | ▲ 2% |
| Total debts | € 376,002 | € 351,892 | € 479,788 | € 353,227 | ▼ 26% |
| Cash | € 9,341 | € 31,150 | € 3,967 | € 4,847 | ▲ 22% |
| Land & buildings | € 317,120 | € 303,189 | € 469,794 | € 300,405 | ▼ 36% |
| Retained profit | € 112,879 | € 154,719 | € 158,758 | € 162,140 | ▲ 2% |
| Bank debt | € 340,052 | € 307,470 | € 399,930 | € 264,018 | ▼ 34% |
| Balance sheet total | € 507,481 | € 527,071 | € 659,007 | € 535,827 | ▼ 19% |
Key figures of MORE & CO, 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 MORE & CO?
What happened at MORE & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,381 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Willebroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,219 profit in 2022 to € 3,381 profit in 2025.
Paid € 24,459 in corporate taxes since 2022.
Best year ever: 2023, with € 43,700 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MORE & CO are Mohamed Redouan CHAÂBAN and Mounir CHAÂBAN. It owns 100% of MIKAZA itself.
Directors
According to the 2025 annual accounts
Mohamed Redouan CHAÂBAN
Director
Establishments
Establishment units
Physical locations of this company
Overwinningsstraat 4 box 1
2830 Willebroek
Overwinningsstraat 4
2830 Willebroek
Active since 28 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0818.374.548
- VAT number
- BE 0818.374.548
- Registered office
- Overwinningsstraat 4 bus 1, 2830 Willebroek
- Names & denominations
- MORE & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2009
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening