MOR'O.COM
Open bankruptcyA bankruptcy procedure is open for MOR'O.COM according to publications in the Belgian State Gazette; curator: THOMAS VULHOPP.
Summary
The 2024 annual accounts show negative equity (-€7,279) and a net result of €23,153.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 5 March 2026
- Supervising judge
- Jean Pierre Riquet
- Official Gazette
- 16-03-2026 (pdf) ↗search the document for 2026/110900
Deadlines
- Appeal or third-party opposition until
- passed on 31 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 4 April 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 April 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 5 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Thomas VulhoppRue De Clairvaux 40, 1348 Louvain-La-Neuvethomas.vulhopp@walk.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 37965 sector peers (2024).
NBB · sector comparisonPosition among 37965 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
30 d late
2021
31 d late
2020
26 d late
2019
102 d late
2018
125 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€23,153
2023 · -€13,312
Working capital
-€10,993▲ 68.1%
2023 · -€34,443
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120232024
Operating result-€10,197-€44,861▼ 340%€19,705-€12,600-€25,857
Net result-€11,436-€47,671below the sector's middle half▼ 317%€15,196within the sector's middle half-€13,312below the sector's middle half-€23,153within the sector's middle half
Equity€6,964▼ 62.2%-€40,707below the sector's middle half-€25,510below the sector's middle half▲ 37.3%-€30,432below the sector's middle half--€7,279below the sector's middle half▲ 76.1%
Total assets€47,725▼ 30.7%€22,560below the sector's middle half▼ 52.7%€45,607below the sector's middle half▲ 102%€103,413within the sector's middle half-€63,802below the sector's middle half▼ 38.3%
Debt€40,761▼ 19.3%€63,267▲ 55.2%€71,117▲ 12.4%€133,845-€71,081▼ 46.9%
Working capital-€9,785-€53,080below the sector's middle half▼ 442%-€33,509below the sector's middle half▲ 36.9%-€34,443below the sector's middle half--€10,993below the sector's middle half▲ 68.1%
Solvency14.6%▼ 12.1pp-180.4%below the sector's middle half▼ 195.0pp-55.9%below the sector's middle half▲ 124.5pp-29.4%below the sector's middle half--11.4%below the sector's middle half▲ 18.0pp
Current ratio0.76▼ 0.530.16below the sector's middle half▼ 0.600.53below the sector's middle half▲ 0.370.74below the sector's middle half-0.85below the sector's middle half▲ 0.10
Return on assets (ROA)-24.0%▼ 45.5pp-211.3%below the sector's middle half▼ 187.3pp33.3%above the sector's middle half▲ 244.6pp-12.9%below the sector's middle half-36.3%above the sector's middle half▲ 49.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25,857 after a loss of €12,600 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63,802
Fixed assets
€3,714 ▼ 7.4%
Current assets
€60,088 ▼ 39.6%
Key figures and ratios
EBITDA
€26,154▲
2023 · -€12,303
Cash flow
€23,450▲
2023 · -€13,015
Debt to equity
-9.76▼
2023 · -4.40
Interest coverage
10.30▲
2023 · -17.30
Debt ≤ 1 year
€71,081▼
2023 · €133,845
Income taxes
€165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,390 | €4,375 | €4,375 | €297 | €297 | = |
| Other operating charges640/8 | - | - | €369 | €394 | €401 | ▲ 1.9% |
| Non-recurring operating charges66A | - | - | - | - | €1,050 | - |
| Gross operating margin9900 | €8,518 | -€40,138 | €24,449 | -€11,909 | €27,606 | ▲ 332% |
| Operating profit (loss)9901 | -€10,197 | -€44,861 | €19,705 | -€12,600 | €25,857 | ▲ 305% |
| Recurring financial income75 | €20 | €0 | - | - | - | - |
| Financial charges65/66B | - | - | €4,508 | €711 | €2,540 | ▲ 257% |
| Recurring financial charges65 | €1,259 | €2,810 | €4,508 | €711 | €2,540 | ▲ 257% |
| Profit (loss) for the period before taxes9903 | -€11,436 | -€47,671 | €15,196 | -€13,312 | €23,318 | ▲ 275% |
| Income taxes67/77 | - | - | - | - | €165 | - |
| Profit (loss) for the period9904 | -€11,436 | -€47,671 | €15,196 | -€13,312 | €23,153 | ▲ 274% |
| Profit (loss) for the period to be appropriated9905 | -€11,436 | -€47,671 | €15,196 | -€13,312 | €23,153 | ▲ 274% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47,725 | €22,560 | €45,607 | €103,413 | €63,802 | ▼ 38.3% |
| Fixed assets21/28 | €16,749 | €12,374 | €7,999 | €4,011 | €3,714 | ▼ 7.4% |
| Tangible fixed assets22/27 | €13,125 | €8,750 | €4,375 | €387 | €90 | ▼ 76.7% |
| Furniture and vehicles24 | - | - | €4,375 | €387 | €90 | ▼ 76.7% |
| Financial fixed assets28 | €3,624 | €3,624 | €3,624 | €3,624 | €3,624 | = |
| Current assets29/58 | €30,977 | €10,187 | €37,608 | €99,402 | €60,088 | ▼ 39.6% |
| Amounts receivable within one year40/41 | €30,255 | €10,133 | €37,605 | €85,768 | €37,460 | ▼ 56.3% |
| Trade receivables40 | - | - | €36,605 | €83,168 | €34,860 | ▼ 58.1% |
| Other amounts receivable41 | - | - | €1,000 | €2,600 | €2,600 | = |
| Cash at bank and in hand54/58 | €722 | €54 | €3 | €13,634 | €22,628 | ▲ 66.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47,725 | €22,560 | €45,607 | €103,413 | €63,802 | ▼ 38.3% |
| Equity10/15 | €6,964 | -€40,707 | -€25,510 | -€30,432 | -€7,279 | ▲ 76.1% |
| Contributions10/11 | €18,592 | - | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €558 | €558 | €558 | €558 | €558 | = |
| Non-distributable reserves130/1 | - | - | €558 | €558 | €558 | = |
| Reserves not available under the articles1311 | - | - | €558 | €558 | €558 | = |
| Profit (loss) carried forward14 | -€12,186 | -€59,856 | -€44,660 | -€49,582 | -€26,429 | ▲ 46.7% |
| Amounts payable17/49 | €40,761 | €63,267 | €71,117 | €133,845 | €71,081 | ▼ 46.9% |
| Amounts payable within one year42/48 | €40,761 | €63,267 | €71,117 | €133,845 | €71,081 | ▼ 46.9% |
| Financial debts43 | - | - | €12,021 | - | - | - |
| Credit institutions430/8 | - | - | €12,021 | - | - | - |
| Trade debts44 | €11,542 | €11,548 | €18,633 | €75,704 | €26,993 | ▼ 64.3% |
| Suppliers440/4 | - | - | €18,633 | €75,704 | €26,993 | ▼ 64.3% |
| Taxes, remuneration and social security45 | - | - | €8,371 | €14,235 | €6,298 | ▼ 55.8% |
| Taxes450/3 | - | - | €8,371 | €9,435 | €6,298 | ▼ 33.2% |
| Remuneration and social security454/9 | - | - | - | €4,800 | - | - |
| Other amounts payable47/48 | - | - | €32,092 | €43,906 | €37,790 | ▼ 13.9% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,436 | -€47,671 | €15,196 | -€13,312 | €23,153 | ▲ 274% |
| + Depreciation and write-downs630 | €4,390 | €4,375 | €4,375 | €297 | €297 | = |
| Operating cash flow (approximation) | -€7,046 | -€43,296 | €19,571 | -€13,015 | €23,450 | ▲ 280% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | €0 | - |
| Change in cash | - | -€668 | -€50 | - | €8,994 | - |
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
2026
16-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 05-03-2026
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Back to profitnet €23,153
Net result €23,153 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €15,196
Net result €15,196 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€47,671
Net result drops to -€47,671, the lowest in the series.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 125 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 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, Lasne
Ground area
1,614 m²
Building footprint
115 m²
Volume, LiDAR
571 m³
Parcel 25051B0008/00A003, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051B0008/00A003 ProtectedSite or landscape |
Wallonia | 1,614 m² | 1 · 115 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VULHOPP RUE DE CLAIRVAUX 40,
1348 LOUVAIN-LA-NEUVE |
05-03-2026 → present |
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 18,990 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 (pre-2019)
Founded13-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46170Agents in the wholesale of food, beverages and tobacco
73110Advertising agencies
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.