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Morais & Silva

Active
Private limited companyfounded 20233 yrs activeHeirbaan 131, 2070 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0802.502.477
Summary

The computed 12-month bankruptcy probability of Morais & Silva is 3.0% (moderate). The 2024 annual accounts show negative equity (-€23,425) and a net result of -€25,425. Its solvency ranks better than 23% of 6160 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73; short-term debt: 129.3% and cash: 8.4% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-29.8%
Return on assets
-32.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-01-2026, 164 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
164 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 164 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed 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

Morais & Silva was incorporated on 7 June 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€23,425
Total assets
€78,622
Net result
-€25,425
Working capital
-€27,040

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €78,622
Fixed assets €4,002
Current assets €74,620
Equity and liabilities
Equity-€23,425
Debt€102,047
Equity is negative: debt (€102,047) exceeds the balance-sheet total (€78,622).
Key figures and ratios
2024 value
EBITDA
-€24,157
Cash flow
-€25,393
Solvency
-29.8%
Current ratio
0.73
Quick ratio
0.07
ROA
-32.3%
Interest coverage
-19.55
Debt
€102,047
Debt ≤ 1 year
€101,660
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% 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 497,340 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% 1.0%
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% 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 7,638 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 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€78,622
Fixed assets21/28€4,002
Tangible fixed assets22/27€1,152
Furniture and vehicles24€1,152
Financial fixed assets28€2,850
Current assets29/58€74,620
Stocks and contracts in progress3€68,000
Stocks30/36€68,000
Cash at bank and in hand54/58€6,615
Deferred charges and accrued income490/1€5
Equity and liabilities
Total equity and liabilities10/49€78,622
Equity10/15-€23,425
Contributions10/11€2,000
Profit (loss) carried forward14-€25,425
Amounts payable17/49€102,047
Amounts payable within one year42/48€101,660
Trade debts44€55,813
Suppliers440/4€55,813
Taxes, remuneration and social security45€29,891
Taxes450/3€29,891
Other amounts payable47/48€15,956
Accrued charges and deferred income492/3€387
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32
Other operating charges640/8€1,691
Gross operating margin9900-€22,467
Operating profit (loss)9901-€24,189
Financial charges65/66B€1,235
Recurring financial charges65€1,235
Profit (loss) for the period before taxes9903-€25,425
Profit (loss) for the period9904-€25,425
Profit (loss) for the period to be appropriated9905-€25,425
Appropriation of the result
Profit (loss) to be appropriated9906-€25,425

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32
Other operating charges640/8€1,691
Gross operating margin9900-€22,467
Operating profit (loss)9901-€24,189
Financial charges65/66B€1,235
Recurring financial charges65€1,235
Profit (loss) for the period before taxes9903-€25,425
Profit (loss) for the period9904-€25,425
Profit (loss) for the period to be appropriated9905-€25,425
Line2024
Assets
Total assets20/58€78,622
Fixed assets21/28€4,002
Tangible fixed assets22/27€1,152
Furniture and vehicles24€1,152
Financial fixed assets28€2,850
Current assets29/58€74,620
Stocks and contracts in progress3€68,000
Stocks30/36€68,000
Cash at bank and in hand54/58€6,615
Deferred charges and accrued income490/1€5
Equity and liabilities
Total equity and liabilities10/49€78,622
Equity10/15-€23,425
Contributions10/11€2,000
Profit (loss) carried forward14-€25,425
Amounts payable17/49€102,047
Amounts payable within one year42/48€101,660
Trade debts44€55,813
Suppliers440/4€55,813
Taxes, remuneration and social security45€29,891
Taxes450/3€29,891
Other amounts payable47/48€15,956
Accrued charges and deferred income492/3€387
Line2024
Profit (loss) for the period9904-€25,425
+ Depreciation and write-downs630€32
Operating cash flow (approximation)-€25,393

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
11-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 164 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
252 m²
Building footprint
138 m²
Volume, LiDAR
693 m³
Parcel 11011A0142/00K003, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Morais & Silva
Heirbaan 131, 2070 Beveren-Kruibeke-ZwijndrechtRetail sale of cosmetics and toilet articles
since 20232.346.703.875
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11011A0142/00K003 Flanders 252 m² 1 · 138 m² 10.2 m · 1 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.

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 24,852 companies in this sector we hold annual accounts for 1,447. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded07-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47750Retail sale of cosmetics and toilet articles
96220Beauty care and other beauty treatments
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802502477
Also 9925:BE0802502477
Registered 24-07-2026

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.