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 19.1 to 15.8.
Financials
Financial year 2025
MORLITERM from Veurne, company number BE0885889320, closed financial year 2025 with a result of € 362,909 after tax. For that financial year MORLITERM recorded a gross margin of € 1.7 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 303,780 to € 362,909. 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 29, 2026.
€ 1.2 million
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 362,909
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 358,503
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 980 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
€ 71,900 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.
€ 139,451
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 72,233
▲ 5% vs 2024
€ 27,341 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 38,822
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,222
▼ 72% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,462,132 | € 2,017,823 | € 1,659,995 | € 1,709,331 | ▲ 3% |
| Profit after taxes | € 210,841 | € 523,346 | € 303,780 | € 362,909 | ▲ 19% |
| Equity | € 1,280,012 | € 1,790,458 | € 864,187 | € 1,226,117 | ▲ 42% |
| Total debts | € 684,143 | € 604,329 | € 348,639 | € 165,669 | ▼ 52% |
| Cash | € 349,845 | € 714,758 | € 246,110 | € 358,503 | ▲ 46% |
| Land & buildings | € 660,219 | € 633,062 | - | - | |
| Retained profit | € 1,265,012 | € 1,775,458 | € 858,008 | € 1,219,937 | ▲ 42% |
| Dividend | € 900 | € 12,900 | € 86,936 | € 980 | ▼ 99% |
| Bank debt | € 344,863 | € 341,350 | € 69,099 | € 72,233 | ▲ 5% |
| Balance sheet total | € 1,964,155 | € 2,394,788 | € 1,216,827 | € 1,391,786 | ▲ 14% |
| Employees (FTE) | 18.4 | 19.1 | 16 | 15.8 | ▼ 0.2 |
Key figures of MORLITERM, 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 MORLITERM?
What happened at MORLITERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 362,909 (▲ 19% vs 2024). Source: NBB ↗
- ANNELIES VANHOUCKE became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
- RIK MORLION became a director. NBB
In short
From € 210,841 profit in 2022 to € 362,909 profit in 2025.
Paid € 493,071 in corporate taxes since 2022.
Best year ever: 2023, with € 523,346 profit.
On average € 108,200 of value added per employee in 2025.
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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 MORLITERM are ANNELIES VANHOUCKE and RIK MORLION. The same people are also behind BATHROOM HEAVEN BY MORLITERM and Morlimmo.
Directors
According to the 2025 annual accounts
since 2023
since 2006
Establishments
Establishment units
Physical locations of this company
Slableedstraat 3
8630 Veurne
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0885.889.320
- VAT number
- BE 0885.889.320
- Registered office
- Slableedstraat 3, 8630 Veurne
- Names & denominations
- MORLITERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2006
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- morliterm.be [email protected]
- Activities · NACE
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Elektrische installatie
Sanitaire werkzaamheden
Overig loodgieterswerk