MORDKA
ActiveMORDKA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €862k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 25% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+66
Solvency49▲+13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 27.63 against 46.19 in 2024; short-term debt: 1.8% and cash: 6% of total assets), but 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.1%
Return on assets
12.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.70M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
37 d early
2023
56 d early
2022
54 d early
2021
34 d early
2020
4 d early
2019
122 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€862k
2024 · €-24k
2018: €-214k
2019: €-184k
2020: €471k
2021: €-126k
2022: €-160k
2023: €-104k
2024: €-24k
2018 → 2025
Working capital
€3.42M▲ 2.3%
2024 · €3.34M
2018: €-3.07M
2019: €214k
2020: €254k
2021: €40k
2022: €-125k
2023: €6k
2024: €3.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.12M-€962k▼ 14.3%€858k▼ 10.8%€834k▼ 2.8%€1.70M▲ 103%
Operating result€-80k-€-115k▼ 42.8%€-129k▼ 12.1%€-109k▲ 15.7%€877k
Net result€-126k-€-160k▼ 27.6%€-104k▲ 35.3%€-24k▲ 76.9%€862k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €877k after a loss of €109k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.04M
Fixed assets
€3.49M▼ 16.7%
Current assets
€3.54M▲ 3.9%
Equity and liabilities €7.04M
Equity
€1.70M▲ 103%
Debt
€5.34M▼ 21.1%
The debt ratio falls from 89.0% to 75.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€878k▲
2024 · €-69k
Cash flow
€863k▲
2024 · €16k
Solvency
24.1%▲
2024 · 11.0%
Current ratio
27.63▼
2024 · 46.19
Quick ratio
27.63▼
2024 · 46.19
Debt / equity
3.15▼
2024 · 8.12
ROE
50.8%▲
2024 · -2.9%
ROA
12.2%▲
2024 · -0.3%
Interest coverage
10.16▲
2024 · -0.82
Debt
€5.34M▼
2024 · €6.77M
Debt ≤ 1 year
€128k▲
2024 · €74k
Debt > 1 year
€5.21M▼
2024 · €6.67M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.61M€7.04M▼
Fixed assets21/28€4.19M€3.49M▼
Tangible fixed assets22/27€702k€0▼
Land and buildings22€701k-
Furniture and vehicles24€979€0▼
Other tangible fixed assets26€201-
Financial fixed assets28€3.49M€3.49M=
Current assets29/58€3.41M€3.54M▲
Amounts receivable within one year40/41€52k€59k▲
Trade receivables40€27k€40k▲
Other amounts receivable41€25k€18k▼
Current investments50/53€3.30M€3.05M▼
Cash at bank and in hand54/58€55k€424k▲
Deferred charges and accrued income490/1€5k€12k▲
Equity and liabilities
Total equity and liabilities10/49€7.61M€7.04M▼
Equity10/15€834k€1.70M▲
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€45k€75k▲
Non-distributable reserves130/1€45k€75k▲
Legal reserve130€45k€75k▲
Profit (loss) carried forward14€39k€871k▲
Amounts payable17/49€6.77M€5.34M▼
Amounts payable after more than one year17€6.67M€5.21M▼
Other amounts payable178/9€6.67M€5.21M▼
Amounts payable within one year42/48€74k€128k▲
Trade debts44€73k€128k▲
Suppliers440/4€73k€128k▲
Taxes, remuneration and social security45€799-
Taxes450/3€799-
Other amounts payable47/48€20€20=
Accrued charges and deferred income492/3€31k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€979▼
Other operating charges640/8€20k€10k▼
Gross operating margin9900€-49k€889k▲
Operating profit (loss)9901€-109k€877k▲
Financial income75/76B€169k€71k▼
Recurring financial income75€169k€71k▼
Financial charges65/66B€84k€86k▲
Recurring financial charges65€84k€86k▲
Profit (loss) for the period before taxes9903€-24k€862k▲
Profit (loss) for the period9904€-24k€862k▲
Profit (loss) for the period to be appropriated9905€-24k€862k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€901k▲
Profit (loss) brought forward from the previous period14P€63k€39k▼
Transfer to equity691/2-€30k
To the legal reserve6920-€30k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €862k
Net result €862k after 4 loss-making years.
31-12
Financial
Equity above €1MEq €1.70M ▲103%
Equity rises from €834k to €1.70M.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 44current ratio 46.19
Current ratio from 1.06 to 46.19; short-term debt falls from €109k to €74k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.06
Current ratio from 0.36 to 1.06; short-term debt falls from €194k to €109k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €471k
Net result €471k after 2 loss-making years.
31-12
Financial
Equity above €1MEq €1.25M ▲60.6%
Equity rises from €777k to €1.25M.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Liquidity times 9current ratio 1.41
Current ratio from 0.16 to 1.41; short-term debt falls from €3.66M to €516k.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-07-2019
Resigned as Director
01-07-2019
Resigned as Managing director
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dejonckerstraat 451060 Sint-Gillis (bij-Brussel)Ground area
333 m²
Building footprint
75 m²
Volume, LiDAR
797 m³
Parcel 21013B0007/00L000, Brussels · tallest building 18.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mordka
since 20142.275.916.047
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0007/00L000 | Brussels | 333 m² | 1 · 75 m² | 18.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 22,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-04-2014
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.