Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 83.4 to 73.8.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MORA from Geel, company number BE0879621635, closed financial year 2025 with a result of € -12 million after tax. For that financial year MORA recorded revenue of € 59.5 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 3.7 million to € -12 million. The company made a loss. The buffer shrank hard: equity is 71 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 13, 2026.
€ 4.9 million
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12 million
▼ still € 3.7 million profit in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.7 million.
People and assets in 2025
73.8
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▼ 8% vs 2024
€ 81,600 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.
€ 68,271
▼ 7% 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.
€ 5 million
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 1.5 million
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 57,469,375 | € 61,156,627 | € 59,527,107 | ▼ 3% |
| Profit after taxes | € 3,291,347 | € 3,688,153 | € -11,950,743 | ▼ € 15.6 million |
| Equity | € 20,818,661 | € 16,866,757 | € 4,916,014 | ▼ 71% |
| Total debts | € 9,937,948 | € 11,057,738 | € 7,269,512 | ▼ 34% |
| Cash | € 4,772,293 | € 216,891 | € 1,248,144 | ▲ € 1 million |
| Land & buildings | € 1,241,387 | € 1,121,717 | € 1,406,825 | ▲ 25% |
| Retained profit | € 7,230,305 | € 8,278,401 | € -3,672,342 | ▼ € 12 million |
| Dividend | € 0 | € 7,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 31,368,934 | € 28,107,395 | € 27,382,997 | ▼ 3% |
| Employees (FTE) | 83.4 | 76.3 | 73.8 | ▼ 2.5 |
Key figures of MORA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MORA?
What happened at MORA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12 million (▼ € 15.6 million vs 2024). Source: NBB ↗
- Jan Aaltzen Linde stepped down as director. NBB
- Edwin Wijnandus Adrianus Theodorus Verweijmeren became a director. NBB
- Steven Van Durme became a director. NBB
- Jan Aaltzen Linde became a director. NBB
- New establishment in Mol. KBO
- Start of the company according to the CBE. KBO
- New establishment in Mol. KBO
In short
From € 3.3 million profit in 2022 to € 12 million loss in 2025.
Paid € 6.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.7 million profit.
Paid out € 7 million in dividends to the owners in total.
A new publication or filing at MORA? We notify you, reason included.
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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 MORA are Edwin Wijnandus Adrianus Theodorus Verweijmeren and Steven Van Durme.
Directors
According to the 2025 annual accounts
Edwin Wijnandus Adrianus Theodorus Verweijmeren
Director
since 2024
Steven Van Durme
Director
since 2020
Jan Aaltzen Linde
Director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Kleinhoefstraat 5/35
2440 Geel
Berkebossenlaan 1
2400 Mol
Active since 28 September 1979
Berkebossenlaan 1
2400 Mol
Active since 27 February 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.621.635
- VAT number
- BE 0879.621.635
- Registered office
- Kleinhoefstraat 5/35, 2440 Geel
- Names & denominations
- MORA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2006
- Peppol
- Not registered
- Activities · NACE
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