Active · per the CBE, 19 September 2026

Group Moreel

BE0848987253

Rechtspersoon Private limited company 1 establishment

Group Moreel is a flooring and tiling contractor in Izegem. Private Limited, started on 25 September 2012, 1 establishment.

Stuivenbergstraat 112 box 31, 8870 Izegem

Behind the company: Geoffrey MOREEL.

Active for

13 year, 11 months

Financials

Financial year 2025

Group Moreel from Izegem, company number BE0848987253, closed financial year 2025 with a result of € 46,281 after tax. For that financial year Group Moreel recorded a gross margin of € 117,991 and equity of € 142,404. Compared with financial year 2024, the result moved from € 8,447 to € 46,281. 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 June 26, 2026.

What it is worth Growing

€ 142,404

▲ 48% vs 2024

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

Profit Growing

€ 46,281

▲ € 37,834 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 74,832

▲ 6% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 141,804.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 15,784

▼ 83% 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.

Vehicles and equipment

€ 70,973

▼ 28% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 65,276

▼ 26% vs 2024

€ 21,011 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 21,227

▲ 14% vs 2024

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

Taxes

€ 1,642

▲ 53% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 177,881 € 171,729 € 139,325 € 117,991 ▼ 15%
Profit after taxes € 21,622 € 13,416 € 8,447 € 46,281 ▲ € 37,834
Equity € 160,239 € 153,795 € 96,123 € 142,404 ▲ 48%
Total debts € 136,939 € 112,376 € 119,623 € 89,213 ▼ 25%
Cash € 87,393 € 50,141 € 70,577 € 74,832 ▲ 6%
Retained profit € 141,639 € 153,195 € 95,523 € 141,804 ▲ 48%
Dividend € 0 € 19,860 € 66,120 € 0 ▼ 100%
Bank debt € 97,906 € 69,696 € 87,770 € 65,276 ▼ 26%
Balance sheet total € 297,178 € 266,171 € 215,746 € 231,616 ▲ 7%

Key figures of Group Moreel, 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 Group Moreel?

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

  • New annual accounts for financial year 2025: profit of € 46,281 (▲ € 37,834 vs 2024). Source: NBB ↗
  • New establishment in Izegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 21,622 profit in 2022 to € 46,281 profit in 2025.

Paid € 43,337 in corporate taxes since 2022.

Best year ever: 2025, with € 46,281 profit.

Paid out € 85,980 in dividends to the owners in total.

Management

Geoffrey MOREEL
Group Moreel

Behind Group Moreel is Geoffrey MOREEL.

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Directors

According to the 2025 annual accounts

Geoffrey MOREEL

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Stuivenbergstraat 112 box 31

8870 Izegem

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

Details

Company number
0848.987.253
VAT number
BE 0848.987.253
Registered office
Stuivenbergstraat 112 bus 31, 8870 Izegem
Names & denominations
Group Moreel
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
25 September 2012
Peppol
Active · Active since 31 Aug 2023
Activities · NACE

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Overige niet-gespecialiseerde detailhandel

Schilderen van gebouwen

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Detailhandel via postorderbedrijven of via internet

Frequently asked questions

What does Group Moreel do?
Group Moreel is a flooring and tiling contractor in Izegem. Private Limited, started on 25 September 2012, 1 establishment.
What is the address of Group Moreel?
The registered office of Group Moreel is located at Stuivenbergstraat 112 box 31, 8870 Izegem.
Is Group Moreel still active?
Yes. According to the CBE (19 September 2026) Group Moreel is active, legal situation “Normale toestand”, started on 25 September 2012.
Is Group Moreel registered on Peppol?
Yes, Group Moreel is registered on the Peppol network with ID 0208:0848987253.
What is the enterprise number of Group Moreel?
The enterprise number of Group Moreel is BE0848987253.
When was Group Moreel founded?
Group Moreel was founded on 25 September 2012.