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MORA IMPORT - EXPORT

Active
Private limited company (pre-2019)founded 1997active for 29 yearsMechelsestraat 49, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0461.493.039
Summary

The computed 12-month bankruptcy probability of MORA IMPORT - EXPORT is 4.9% (elevated). The 2024 annual accounts show negative equity (-€111,631) and a net result of -€202,402. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 5% of 6,064 sector peers (NACE 46, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Turnover
€359,008▼ 34.6%
2023 · €549,181
EBIT margin
-52.8%▼ 56.3pp
2023 · 3.5%
Net result
-€202,402
2023 · €11,373
Working capital
-€117,990
2023 · €83,638
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 6 financial years

The operating result turns negative in 2024: a loss of €189,389 after €19,275 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€359,008 2024 Operating result-€189,389 2024 Net result-€202,402 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line201820202021202220232024
Turnover€177,040-€290,357-€393,273▲ 35.4%€454,048▲ 15.5%€549,181▲ 21.0%€359,008▼ 34.6%
Operating result-€19,669-€39,606-€35,825▼ 9.5%€28,391▼ 20.8%€19,275▼ 32.1%-€189,389
Net result-€19,798-€39,606within the sector's middle half-€34,062within the sector's middle half▼ 14.0%€18,559within the sector's middle half▼ 45.5%€11,373within the sector's middle half▼ 38.7%-€202,402below the sector's middle half
EBIT margin-11.1%-13.6%-9.1%▼ 4.5pp6.3%▼ 2.9pp3.5%▼ 2.7pp-52.8%▼ 56.3pp
Equity-€12,415-€26,777below the sector's middle half-€60,838below the sector's middle half▲ 127%€79,398below the sector's middle half▲ 30.5%€90,771below the sector's middle half▲ 14.3%-€111,631below the sector's middle half
Total assets€16,928-€62,462below the sector's middle half-€77,357below the sector's middle half▲ 23.8%€104,513below the sector's middle half▲ 35.1%€143,222below the sector's middle half▲ 37.0%€9,278below the sector's middle half▼ 93.5%
Debt€29,343-€35,685-€16,519▼ 53.7%€25,115▲ 52.0%€52,450▲ 109%€120,909▲ 131%
Working capital-€12,415-€23,890below the sector's middle half-€46,368below the sector's middle half▲ 94.1%€68,714below the sector's middle half▲ 48.2%€83,638below the sector's middle half▲ 21.7%-€117,990below the sector's middle half
Solvency-73.3%-42.9%within the sector's middle half-78.6%above the sector's middle half▲ 35.8pp76.0%above the sector's middle half▼ 2.7pp63.4%within the sector's middle half▼ 12.6pp
Current ratio0.58-1.67within the sector's middle half-3.81above the sector's middle half▲ 2.143.74above the sector's middle half▼ 0.072.59within the sector's middle half▼ 1.140.02below the sector's middle half▼ 2.57
Return on assets (ROA)-117.0%-63.4%above the sector's middle half-44.0%above the sector's middle half▼ 19.4pp17.8%above the sector's middle half▼ 26.3pp7.9%within the sector's middle half▼ 9.8pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9,278
Fixed assets €6,359 ▼ 10.9%
Current assets €2,919 ▼ 97.9%
Equity and liabilities
Equity-€111,631
Debt€120,909
Equity is negative: debt (€120,909) exceeds the balance-sheet total (€9,278).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€186,218▼
2023 · €22,825
Cash flow
-€199,231▼
2023 · €14,924
Interest coverage
-36.28▼
2023 · over 100
Debt ≤ 1 year
€120,909▲
2023 · €52,450
Income taxes
€7,880=
2023 · €7,880
Staff costs
€7,084▼
2023 · €11,089
A ratio outside any meaningful range has been withheld (balance sheet total €9,278, equity -€111,631).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84.4% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€143,222€9,278▼
Fixed assets21/28€7,134€6,359▼
Tangible fixed assets22/27€7,134€6,359▼
Plant, machinery and equipment23€1,221€543▼
Furniture and vehicles24€5,913€5,816▼
Current assets29/58€136,088€2,919▼
Stocks and contracts in progress3€132,638€0▼
Stocks30/36€132,638€0▼
Amounts receivable within one year40/41-€2,919
Other amounts receivable41-€2,919
Cash at bank and in hand54/58€3,450-
Equity and liabilities
Total equity and liabilities10/49€143,222€9,278▼
Equity10/15€90,771-€111,631▼
Contributions10/11€24,789€24,789=
Capital10€24,789€24,789=
Issued capital100€24,789€24,789=
Profit (loss) carried forward14€65,982-€136,420▼
Amounts payable17/49€52,450€120,909▲
Amounts payable within one year42/48€52,450€120,909▲
Trade debts44€50,798€113,029▲
Suppliers440/4€50,798€113,029▲
Taxes, remuneration and social security45€1,652€7,880▲
Taxes450/3€1,652€7,880▲
Income statement Code20232024
Turnover70€549,181€359,008▼
Goods, raw materials, services and sundry goods60/61€511,270€535,789▲
Remuneration, social security and pensions62€11,089€7,084▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,551€3,171▼
Other operating charges640/8€3,997€2,354▼
Gross operating margin9900€37,911-€176,780▼
Operating profit (loss)9901€19,275-€189,389▼
Financial charges65/66B€22€5,133▲
Recurring financial charges65€22€5,133▲
Profit (loss) for the period before taxes9903€19,253-€194,522▼
Income taxes67/77€7,880€7,880=
Profit (loss) for the period9904€11,373-€202,402▼
Profit (loss) for the period to be appropriated9905€11,373-€202,402▼
Appropriation of the result
Profit (loss) to be appropriated9906€65,982-€136,420▼
Profit (loss) brought forward from the previous period14P€54,609€65,982▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820202021202220232024Change
Turnover70€177,040€290,357€393,273€454,048€549,181€359,008▼ 34.6%
Goods, raw materials, services and sundry goods60/61--€353,972€419,592€511,270€535,789▲ 4.8%
Remuneration, social security and pensions62--€289€1,691€11,089€7,084▼ 36.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,934€760€2,245€3,786€3,551€3,171▼ 10.7%
Other operating charges640/8--€942€588€3,997€2,354▼ 41.1%
Gross operating margin9900€15,044€44,681€39,301€34,456€37,911-€176,780-
Operating profit (loss)9901-€19,669€39,606€35,825€28,391€19,275-€189,389-
Financial charges65/66B----€22€5,133▲ 237×
Recurring financial charges65€44---€22€5,133▲ 237×
Profit (loss) for the period before taxes9903-€19,713€39,606€35,825€28,391€19,253-€194,522-
Income taxes67/77€85-€1,764€9,832€7,880€7,880=
Profit (loss) for the period9904-€19,798€39,606€34,062€18,559€11,373-€202,402-
Profit (loss) for the period to be appropriated9905-€19,798€39,606€34,062€18,559€11,373-€202,402-
Line201820202021202220232024Change
Assets
Total assets20/58€16,928€62,462€77,357€104,513€143,222€9,278▼ 93.5%
Fixed assets21/28-€2,887€14,470€10,684€7,134€6,359▼ 10.9%
Tangible fixed assets22/27-€2,887€14,470€10,684€7,134€6,359▼ 10.9%
Plant, machinery and equipment23--€3,039€2,012€1,221€543▼ 55.5%
Furniture and vehicles24--€11,431€8,672€5,913€5,816▼ 1.6%
Current assets29/58€16,928€59,575€62,887€93,829€136,088€2,919▼ 97.9%
Stocks and contracts in progress3€14,388€48,388€52,938€93,188€132,638€0▼ 100%
Stocks30/36--€52,938€93,188€132,638€0▼ 100%
Amounts receivable within one year40/41-----€2,919-
Other amounts receivable41-----€2,919-
Cash at bank and in hand54/58€2,540€11,187€9,949€641€3,450--
Equity and liabilities
Total equity and liabilities10/49€16,928€62,462€77,357€104,513€143,222€9,278▼ 93.5%
Equity10/15-€12,415€26,777€60,838€79,398€90,771-€111,631-
Contributions10/11€24,789€24,789€24,789€24,789€24,789€24,789=
Capital10--€24,789€24,789€24,789€24,789=
Issued capital100--€24,789€24,789€24,789€24,789=
Profit (loss) carried forward14-€37,204€1,988€36,049€54,609€65,982-€136,420-
Amounts payable17/49€29,343€35,685€16,519€25,115€52,450€120,909▲ 131%
Amounts payable within one year42/48€29,343€35,685€16,519€25,115€52,450€120,909▲ 131%
Trade debts44€20,515€26,166€7,497€24,366€50,798€113,029▲ 123%
Suppliers440/4--€7,497€24,366€50,798€113,029▲ 123%
Taxes, remuneration and social security45--€522€749€1,652€7,880▲ 377%
Taxes450/3--€522€749€1,652€7,880▲ 377%
Other amounts payable47/48--€8,500----
Line201820202021202220232024Change
Profit (loss) for the period9904-€19,798€39,606€34,062€18,559€11,373-€202,402-
+ Depreciation and write-downs630€3,934€760€2,245€3,786€3,551€3,171▼ 10.7%
Operating cash flow (approximation)-€15,864€40,366€36,306€22,346€14,924-€199,231-
Investment in fixed assets (approximation)---€13,828€0€0-€2,397-
Change in cash---€1,238-€9,308€2,809--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 28-09-2025 2025-00520354
31-12-2023 full format 16-09-2024 2024-00464422
31-12-2022 full format 12-08-2023 2023-00338675
31-12-2021 full format 28-08-2022 2022-20383572
31-12-2020 full format 23-08-2021 2021-52100498
31-12-2018 full format 31-07-2019 2019-42200584
31-12-2017 full format 31-08-2018 2018-57700189
31-12-2016 full format 19-08-2017 2017-46000413
31-12-2015 full format 31-10-2016 2016-67100011
31-12-2014 full format 29-08-2015 2015-56200045

Show all 26 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 738 active companies whose main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321), figures are known for 557. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.