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MORA MORA

Inactive
KBO/BCE: BE 0699.989.117

MORA MORA was declared bankrupt on 20-06-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 03-03-2026, published in the Belgian State Gazette on 10-03-2026.

Summary

Inactive; last annual accounts for fiscal year 2023.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
30-09-2024 close30-04-2025 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
2 d early
2021
2 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets fell from EUR 81,994 in 2019 to EUR 72,518 in 2023.1 On 20 June 2024 MORA MORA was declared bankrupt; the bankruptcy was closed on 3 March 2026.23

  1. 1National Bank, annual accounts 2019 and 2023
  2. 2Belgian State Gazette, 28-06-2024
  3. 3Belgian State Gazette, 10-03-2026

Financials · fiscal year 2023, micro schema

Equity
-€148,372▼ 11.4%
2022 · -€133,214
Total assets
€72,518▼ 2.0%
2022 · €73,979
Net result
-€15,158▲ 68.4%
2022 · -€47,897
Working capital
-€123,930▼ 6.3%
2022 · -€116,588
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202120222023
Operating result€2,268--€97,408--€43,545▲ 55.3%-€10,252▲ 76.5%
Net result€868--€104,785--€47,897▲ 54.3%-€15,158▲ 68.4%
Equity€7,068--€85,317--€133,214▼ 56.1%-€148,372▼ 11.4%
Total assets€81,994-€76,577-€73,979▼ 3.4%€72,518▼ 2.0%
Debt€74,926-€161,894-€207,193▲ 28.0%€220,890▲ 6.6%
Working capital-€1,806--€78,516--€116,588▼ 48.5%-€123,930▼ 6.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2019: €2,268€2,268Net result 2019: €868€868Operating result 2021: -€97,408-€97,408Net result 2021: -€104,785-€104,785Operating result 2022: -€43,545-€43,545Net result 2022: -€47,897-€47,897Operating result 2023: -€10,252-€10,252Net result 2023: -€15,158-€15,1582019202120222023-€150,000-€100,000-€50,000€0Operating result 2021: -€97,408-€97,400Net result 2021: -€104,785-€105,000Operating result 2022: -€43,545-€43,500Net result 2022: -€47,897-€47,900Operating result 2023: -€10,252-€10,300Net result 2023: -€15,158-€15,200202120222023
The operating result stays negative: a loss of €10,252 in 2023 against €43,545 in 2022; the loss shrinks.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€2,436▲
2022 · -€33,720
Cash flow
-€7,342▲
2022 · -€38,072
Solvency
-204.6%▼
2022 · -180.1%
Current ratio
0.37▲
2022 · 0.36
Quick ratio
0.16▲
2022 · 0.15
Debt to equity
-1.49▲
2022 · -1.56
ROA
-20.9%▲
2022 · -64.7%
Interest coverage
-0.50▲
2022 · -7.73
Debt ≤ 1 year
€195,890▲
2022 · €182,193
Debt > 1 year
€25,000=
2022 · €25,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€73,979€72,518▼
Formation expenses20€1,161€558▼
Fixed assets21/28€7,213-
Intangible fixed assets21€7,213-
Current assets29/58€65,605€71,960▲
Stocks and contracts in progress3€38,557€39,865▲
Stocks30/36€38,557€39,865▲
Amounts receivable within one year40/41€27,048€32,095▲
Trade receivables40€22,911€27,796▲
Other amounts receivable41€4,137€4,299▲
Equity and liabilities
Total equity and liabilities10/49€73,979€72,518▼
Equity10/15-€133,214-€148,372▼
Contributions10/11€18,600€18,600=
Reserves13€868€868=
Non-distributable reserves130/1€43€43=
Reserves not available under the articles1311€43€43=
Distributable reserves133€824€824=
Profit (loss) carried forward14-€152,682-€167,840▼
Amounts payable17/49€207,193€220,890▲
Amounts payable after more than one year17€25,000€25,000=
Financial debts170/4€25,000€25,000=
Amounts payable within one year42/48€182,193€195,890▲
Financial debts43€93,317€113,800▲
Credit institutions430/8€93,317€113,800▲
Trade debts44€10,432€2,286▼
Suppliers440/4€10,432€2,286▼
Taxes, remuneration and social security45-€1,361
Taxes450/3-€1,361
Other amounts payable47/48€78,444€78,444=
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,825€7,816▼
Other operating charges640/8€368€1,354▲
Gross operating margin9900-€33,352-€1,082▲
Operating profit (loss)9901-€43,545-€10,252▲
Financial income75/76B€10-
Recurring financial income75€10-
Financial charges65/66B€4,361€4,906▲
Recurring financial charges65€4,361€4,906▲
Profit (loss) for the period before taxes9903-€47,897-€15,158▲
Profit (loss) for the period9904-€47,897-€15,158▲
Profit (loss) for the period to be appropriated9905-€47,897-€15,158▲
Appropriation of the result
Profit (loss) to be appropriated9906-€152,682-€167,840▼
Profit (loss) brought forward from the previous period14P-€104,785-€152,682▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,995€16,929€9,825€7,816▼ 20.4%
Other operating charges640/8-€299€368€1,354▲ 268%
Gross operating margin9900€16,414-€80,180-€33,352-€1,082▲ 96.8%
Operating profit (loss)9901€2,268-€97,408-€43,545-€10,252▲ 76.5%
Financial income75/76B-€30€10--
Recurring financial income75€5€30€10--
Financial charges65/66B-€7,772€4,361€4,906▲ 12.5%
Recurring financial charges65€1,041€7,772€4,361€4,906▲ 12.5%
Profit (loss) for the period before taxes9903€1,232-€105,149-€47,897-€15,158▲ 68.4%
Income taxes67/77€364-€364---
Profit (loss) for the period9904€868-€104,785-€47,897-€15,158▲ 68.4%
Profit (loss) for the period to be appropriated9905€868-€104,785-€47,897-€15,158▲ 68.4%
Line2019202120222023Change
Assets
Total assets20/58€81,994€76,577€73,979€72,518▼ 2.0%
Formation expenses20€1,578€1,858€1,161€558▼ 52.0%
Fixed assets21/28€32,296€16,341€7,213--
Intangible fixed assets21€32,296€16,341€7,213--
Current assets29/58€48,120€58,378€65,605€71,960▲ 9.7%
Stocks and contracts in progress3€32,243€33,600€38,557€39,865▲ 3.4%
Stocks30/36-€33,600€38,557€39,865▲ 3.4%
Amounts receivable within one year40/41€15,876€24,778€27,048€32,095▲ 18.7%
Trade receivables40-€23,146€22,911€27,796▲ 21.3%
Other amounts receivable41-€1,633€4,137€4,299▲ 3.9%
Equity and liabilities
Total equity and liabilities10/49€81,994€76,577€73,979€72,518▼ 2.0%
Equity10/15€7,068-€85,317-€133,214-€148,372▼ 11.4%
Contributions10/11€6,200€18,600€18,600€18,600=
Reserves13€868€868€868€868=
Non-distributable reserves130/1-€43€43€43=
Reserves not available under the articles1311-€43€43€43=
Distributable reserves133-€824€824€824=
Profit (loss) carried forward14--€104,785-€152,682-€167,840▼ 9.9%
Amounts payable17/49€74,926€161,894€207,193€220,890▲ 6.6%
Amounts payable after more than one year17€25,000€25,000€25,000€25,000=
Financial debts170/4-€25,000€25,000€25,000=
Amounts payable within one year42/48€49,926€136,894€182,193€195,890▲ 7.5%
Financial debts43-€57,428€93,317€113,800▲ 21.9%
Credit institutions430/8-€57,428€93,317€113,800▲ 21.9%
Trade debts44€1,511€1,444€10,432€2,286▼ 78.1%
Suppliers440/4-€1,444€10,432€2,286▼ 78.1%
Taxes, remuneration and social security45---€1,361-
Taxes450/3---€1,361-
Other amounts payable47/48-€78,022€78,444€78,444=
Line2019202120222023Change
Profit (loss) for the period9904€868-€104,785-€47,897-€15,158▲ 68.4%
+ Depreciation and write-downs630€13,995€16,929€9,825€7,816▼ 20.4%
Operating cash flow (approximation)€14,863-€87,856-€38,072-€7,342▲ 80.7%
Investment in fixed assets (approximation)---€696--

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

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Timeline · acts, filings and financial milestones

2026
10-03
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-03-2026
2024
28-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-06-2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet -€104,785
Net result drops to -€104,785, the lowest in the series.
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
SignalFinancial 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator PIETER MATTHEESSENS
LANGE LOZANASTRAAT 24, 2018 ANTWERPEN 1
20-06-2024 → 03-03-2026

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 240 EUR awarded · 240 EUR paid
Year Entries awardedpaid
2022 1 240 EUR240 EUR
Schemes
1 entry · 240 EUR · 240 EUR paid · Fonds voor Innoveren en Ondernemen