MORASU
ActiveSummary
The computed 12-month bankruptcy probability of MORASU is 2.4% (moderate). The 2025 annual accounts show equity of €3,622 and a net result of €2,622. Its solvency ranks better than 30% of 7524 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-19
Solvency49▲+16
Growth52
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filingsDeviation from the deadline
2025
27 d late
2024
75 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 24 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€3,622▲ 262%
2024 · €1,000
Total assets
€15,081▲ 18.0%
2024 · €12,780
Net result
€2,622▼ 64.2%
2024 · €7,326
Working capital
€3,622▲ 262%
2024 · €1,000
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
Line20242025
Operating result€9,629-€4,121▼ 57.2%
Net result€7,326-€2,622▼ 64.2%
Equity€1,000-€3,622▲ 262%
Total assets€12,780-€15,081▲ 18.0%
Debt€11,780-€11,459▼ 2.7%
Working capital€1,000-€3,622▲ 262%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €15,081
Equity
€3,622 ▲ 262%
Debt
€11,459 ▼ 2.7%
Debt's share of the balance-sheet total falls from 92.2% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.32▲
2024 · 1.08
Debt to equity
3.16▼
2024 · 11.78
ROE
72.4%▼
2024 · 732.6%
ROA
17.4%▼
2024 · 57.3%
Debt ≤ 1 year
€11,459▼
2024 · €11,780
Income taxes
€1,184▼
2024 · €2,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €59 | €253 | ▲ 329% |
| Gross operating margin9900 | €9,688 | €4,374 | ▼ 54.8% |
| Operating profit (loss)9901 | €9,629 | €4,121 | ▼ 57.2% |
| Financial income75/76B | €1 | €1 | ▼ 35.5% |
| Recurring financial income75 | €1 | €1 | ▼ 35.5% |
| Financial charges65/66B | €51 | €316 | ▲ 517% |
| Recurring financial charges65 | €51 | €316 | ▲ 517% |
| Profit (loss) for the period before taxes9903 | €9,579 | €3,806 | ▼ 60.3% |
| Income taxes67/77 | €2,252 | €1,184 | ▼ 47.4% |
| Profit (loss) for the period9904 | €7,326 | €2,622 | ▼ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €7,326 | €2,622 | ▼ 64.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €12,780 | €15,081 | ▲ 18.0% |
| Current assets29/58 | €12,780 | €15,081 | ▲ 18.0% |
| Amounts receivable within one year40/41 | €10,528 | - | - |
| Other amounts receivable41 | €10,528 | - | - |
| Cash at bank and in hand54/58 | €2,252 | €15,081 | ▲ 570% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €12,780 | €15,081 | ▲ 18.0% |
| Equity10/15 | €1,000 | €3,622 | ▲ 262% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | - | €2,622 | - |
| Distributable reserves133 | - | €2,622 | - |
| Amounts payable17/49 | €11,780 | €11,459 | ▼ 2.7% |
| Amounts payable within one year42/48 | €11,780 | €11,459 | ▼ 2.7% |
| Trade debts44 | €1,422 | €575 | ▼ 59.6% |
| Suppliers440/4 | €1,422 | €575 | ▼ 59.6% |
| Taxes, remuneration and social security45 | €3,031 | €6,139 | ▲ 103% |
| Taxes450/3 | €3,031 | €6,139 | ▲ 103% |
| Other amounts payable47/48 | €7,326 | €4,745 | ▼ 35.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7,326 | €2,622 | ▼ 64.2% |
| Operating cash flow (approximation) | €7,326 | €2,622 | ▼ 64.2% |
| Change in cash | - | €12,830 | - |
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 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
17-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zoersel · 1 establishment unit since 2024
Ground area
1,865 m²
Building footprint
290 m²
Volume, LiDAR
993 m³
Parcel 11453I0413/00F000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Mathis Aannemingen
since 20242.360.893.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0413/00F000 | Flanders | 1,865 m² | 1 · 290 m² | 7.7 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, comparable size
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BUZZETTA CONSTRUCTION
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ALFA CONSTRUCT
BE 0762.926.477
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MRworks
BE 0729.716.944
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BOUW-TECH
BE 0642.523.248
Bierbeek · Eq €3,344
Of 2,456 companies in sector 41003 we hold annual accounts for 1,055. 276 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
Founded21-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43910Bricklaying and masonry work
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.