Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MOREL DISTRIBUTION BELGIQUE from La Louvière, company number BE0892895985, closed financial year 2025 with a result of € -215,679 after tax. Compared with financial year 2024, the result moved from € -112,105 to € -215,679. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 1.2 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -215,679
▼ 92 % more loss than in 2024
Profit after tax over the fiscal year.
€ 139,680
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -324,139.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 196,440
▲ € 163,925 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 342 days on average.
€ 9,000
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,550 | - | - | - | |
| Profit after taxes | € -103,922 | € -148,351 | € -112,105 | € -215,679 | ▼ € 103,574 |
| Equity | € 334,996 | € 186,646 | € 1,366,540 | € 1,150,861 | ▼ 16% |
| Total debts | € 1,111,236 | € 1,231,910 | € 49,462 | € 205,440 | ▲ € 155,979 |
| Cash | € 228,380 | € 192,327 | € 123,295 | € 139,680 | ▲ 13% |
| Retained profit | € -1,571,004 | € -1,719,354 | € -108,460 | € -324,139 | ▼ € 215,679 |
| Bank debt | € 1,070,000 | € 1,070,000 | € 0 | € 0 | |
| Balance sheet total | € 1,446,232 | € 1,418,556 | € 1,416,002 | € 1,356,302 | ▼ 4% |
Key figures of MOREL DISTRIBUTION BELGIQUE, 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 April 2027.
What happened to MOREL DISTRIBUTION BELGIQUE?
What happened at MOREL DISTRIBUTION BELGIQUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sparaxis SA stepped down as director. NBB
- Renato BRUGNETTI stepped down as director. NBB
- Olivier WALEFFE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 215,679. Source: NBB ↗
- Sparaxis SA became a director. NBB
- Renato BRUGNETTI became a director. NBB
- Olivier WALEFFE became a director. NBB
- New establishment in Flémalle. KBO
In short
From € 103,922 loss in 2022 to € 215,679 loss 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
The shares are held by DUFERCO WALLONIE SA (100%) and DUFERCO INDUSTRIAL SA (0%).
Directors
According to the 2025 annual accounts
Director · represented by Frédéric KALKMANN
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +223 more
since 2023 · until 2027
since 2021 · until 2027
Olivier WALEFFE
Director
since 2021 · until 2027
Shareholders
100%
DUFERCO INDUSTRIAL SA
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Anna Boch(L.L) 34
7100 La Louvière
Rue Maréchal Foch 23
4400 Flémalle
Active since 18 October 2007
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
- 0892.895.985
- VAT number
- BE 0892.895.985
- Registered office
- Rue Anna Boch(L.L) 34, 7100 La Louvière
- Names & denominations
- MOREL DISTRIBUTION BELGIQUE · MDB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van ijzer en staal en van ferrolegeringen