Summary
MOERNAUT-VERSCHUEREN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €203,917 and a net result of €31,064. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 140 sector peers (fiscal year 2026). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-07-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
113 d early
2025
39 d early
2024
136 d early
2023
28 d early
2022
21 d early
2021
39 d early
2020
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 22 September (4 of the last 5 filed years within 74 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€203,917▲ 18.0%
2025 · €172,853
Net result
€31,064▲ 9.6%
2025 · €28,335
Total assets
€415,600▼ 6.3%
2025 · €443,752
Solvency
49.1%▲ 10.1pp
2025 · 39.0%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€40,591▼ 16.3%€17,660▼ 56.5%€43,049▲ 144%€52,033▲ 20.9%€53,545▲ 2.9%
Net result€12,952within the sector's middle half▼ 45.9%€3,214below the sector's middle half▼ 75.2%€20,924within the sector's middle half▲ 551%€28,335within the sector's middle half▲ 35.4%€31,064▲ 9.6%
Equity€121,981within the sector's middle half▲ 10.3%€123,594within the sector's middle half▲ 1.3%€144,518within the sector's middle half▲ 16.9%€172,853within the sector's middle half▲ 19.6%€203,917▲ 18.0%
Total assets€577,033within the sector's middle half▲ 0.6%€511,977within the sector's middle half▼ 11.3%€484,798within the sector's middle half▼ 5.3%€443,752below the sector's middle half▼ 8.5%€415,600▼ 6.3%
Debt€455,053▼ 1.7%€388,382▼ 14.7%€340,280▼ 12.4%€270,899▼ 20.4%€211,682▼ 21.9%
Working capital-€35,714below the sector's middle half▼ 35.3%-€55,140below the sector's middle half▼ 54.4%-€61,172below the sector's middle half▼ 10.9%-€60,877within the sector's middle half▲ 0.5%-€61,402▼ 0.9%
Solvency21.1%below the sector's middle half▲ 1.9pp24.1%within the sector's middle half▲ 3.0pp29.8%within the sector's middle half▲ 5.7pp39.0%within the sector's middle half▲ 9.1pp49.1%▲ 10.1pp
Current ratio0.65below the sector's middle half▼ 0.090.42below the sector's middle half▼ 0.240.44below the sector's middle half▲ 0.020.40within the sector's middle half▼ 0.030.44▲ 0.03
Return on assets (ROA)2.2%within the sector's middle half▼ 1.9pp0.6%below the sector's middle half▼ 1.6pp4.3%within the sector's middle half▲ 3.7pp6.4%within the sector's middle half▲ 2.1pp7.5%▲ 1.1pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed three years in a row; 2026 is 3% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €415,600
Fixed assets
€368,211 ▼ 8.6%
Current assets
€47,389 ▲ 16.0%
Equity and liabilities €415,600
Equity
€203,917 ▲ 18.0%
Debt
€211,682 ▼ 21.9%
Debt's share of the balance-sheet total falls from 61.0% to 50.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
15.2%▼
2025 · 16.4%
Debt ≤ 1 year
€108,791▲
2025 · €101,722
Debt > 1 year
€97,509▼
2025 · €163,642
Income taxes
€14,595▲
2025 · €13,431
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,150 | €36,931 | €34,696 | €34,696 | €34,696 | = |
| Other operating charges640/8 | €8,036 | €8,552 | €10,387 | €11,199 | €11,366 | ▲ 1.5% |
| Gross operating margin9900 | €83,777 | €63,143 | €88,133 | €97,929 | €99,607 | ▲ 1.7% |
| Operating profit (loss)9901 | €40,591 | €17,660 | €43,049 | €52,033 | €53,545 | ▲ 2.9% |
| Financial charges65/66B | €14,897 | €13,456 | €11,903 | €10,267 | €7,885 | ▼ 23.2% |
| Recurring financial charges65 | €14,897 | €13,456 | €11,903 | €10,267 | €7,885 | ▼ 23.2% |
| Profit (loss) for the period before taxes9903 | €25,694 | €4,203 | €31,146 | €41,766 | €45,660 | ▲ 9.3% |
| Income taxes67/77 | €12,742 | €990 | €10,222 | €13,431 | €14,595 | ▲ 8.7% |
| Profit (loss) for the period9904 | €12,952 | €3,214 | €20,924 | €28,335 | €31,064 | ▲ 9.6% |
| Transfer from tax-exempt reserves789 | €32,103 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €45,055 | €3,214 | €20,924 | €28,335 | €31,064 | ▲ 9.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €577,033 | €511,977 | €484,798 | €443,752 | €415,600 | ▼ 6.3% |
| Fixed assets21/28 | €509,231 | €472,300 | €437,603 | €402,907 | €368,211 | ▼ 8.6% |
| Tangible fixed assets22/27 | €509,231 | €472,300 | €437,603 | €402,907 | €368,211 | ▼ 8.6% |
| Land and buildings22 | €509,231 | €472,300 | €437,603 | €402,907 | €368,211 | ▼ 8.6% |
| Current assets29/58 | €67,802 | €39,677 | €47,195 | €40,845 | €47,389 | ▲ 16.0% |
| Amounts receivable within one year40/41 | €29,912 | €14,189 | €15,265 | €10,468 | €12,257 | ▲ 17.1% |
| Trade receivables40 | €29,912 | €13,190 | €15,265 | €10,468 | €12,257 | ▲ 17.1% |
| Other amounts receivable41 | - | €999 | - | - | - | - |
| Cash at bank and in hand54/58 | €37,530 | €25,096 | €31,508 | €29,948 | €34,700 | ▲ 15.9% |
| Deferred charges and accrued income490/1 | €360 | €391 | €422 | €429 | €432 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €577,033 | €511,977 | €484,798 | €443,752 | €415,600 | ▼ 6.3% |
| Equity10/15 | €121,981 | €123,594 | €144,518 | €172,853 | €203,917 | ▲ 18.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €101,900 | €103,500 | €124,400 | €152,700 | €183,700 | ▲ 20.3% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | €99,900 | €101,500 | €124,400 | €152,700 | €183,700 | ▲ 20.3% |
| Profit (loss) carried forward14 | €81 | €94 | €118 | €153 | €217 | ▲ 42.0% |
| Amounts payable17/49 | €455,053 | €388,382 | €340,280 | €270,899 | €211,682 | ▼ 21.9% |
| Amounts payable after more than one year17 | €348,055 | €288,834 | €227,389 | €163,642 | €97,509 | ▼ 40.4% |
| Financial debts170/4 | €327,805 | €268,584 | €207,139 | €143,392 | €77,259 | ▼ 46.1% |
| Other amounts payable178/9 | €20,250 | €20,250 | €20,250 | €20,250 | €20,250 | = |
| Amounts payable within one year42/48 | €103,516 | €94,817 | €108,367 | €101,722 | €108,791 | ▲ 6.9% |
| Current portion of amounts payable after more than one year42 | €58,064 | €60,224 | €62,464 | €64,788 | €67,198 | ▲ 3.7% |
| Trade debts44 | €263 | €248 | €1,131 | €1,346 | €1,538 | ▲ 14.2% |
| Suppliers440/4 | €263 | €248 | €1,131 | €1,346 | €1,538 | ▲ 14.2% |
| Taxes, remuneration and social security45 | €20,237 | €8,273 | €16,367 | €7,188 | €10,110 | ▲ 40.7% |
| Taxes450/3 | €18,687 | €6,723 | €16,367 | €7,188 | €10,110 | ▲ 40.7% |
| Remuneration and social security454/9 | €1,550 | €1,550 | - | - | - | - |
| Other amounts payable47/48 | €24,952 | €26,072 | €28,405 | €28,400 | €29,945 | ▲ 5.4% |
| Accrued charges and deferred income492/3 | €3,482 | €4,731 | €4,524 | €5,534 | €5,382 | ▼ 2.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,952 | €3,214 | €20,924 | €28,335 | €31,064 | ▲ 9.6% |
| + Depreciation and write-downs630 | €35,150 | €36,931 | €34,696 | €34,696 | €34,696 | = |
| Operating cash flow (approximation) | €48,101 | €40,145 | €55,620 | €63,031 | €65,761 | ▲ 4.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€12,434 | €6,411 | -€1,560 | €4,752 | ▲ 405% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €31,064 ▲9.6%
Operating result €53,545, net result €31,064, both a record.
31-03
Financial
Equity above €200,000Eq €203,917 ▲18%
8 profitable years in a row build equity to €203,917.
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €150,000Eq €172,853 ▲19.6%
7 profitable years in a row build equity to €172,853.
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €100,000Eq €110,629 ▲21.2%
3 profitable years in a row build equity to €110,629.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €644 ▼95.8%
Net result drops to €644, the lowest in the series; recovery starts the following year.
Show earlier events
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 2004
Ground area
5,596 m²
Building footprint
2,520 m²
Volume, LiDAR
20,484 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
MOERNAUT - VERSCHUEREN
since 20042.137.057.874
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0073/00A000 | Flanders | 4,761 m² | 1 · 2,291 m² | 9.4 m · 3 fl. |
| 12008A0202/00K000 | Flanders | 835 m² | 1 · 229 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,561 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-03-2004
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
43331Floor and wall tiling
43990Other specialised construction activities
46831Wholesale of construction materials, general range
68110Buying and selling of own real estate
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864037693
Registered
14-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.