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MORE2

Active
Private limited companyfounded 20242 yrs activeWaterhoenlaan 15, 2050 Antwerpen, BelgiumKBO/BCE: BE 1007.981.042
Summary

The computed 12-month bankruptcy probability of MORE2 is 7.2% (elevated). The 2024 annual accounts show negative equity (-€2,659) and a net result of -€2,659. Its solvency ranks better than 25% of 18932 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability63
Solvency20
Growth-
Track record67
Bankruptcy probability, 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19; short-term debt: 104.8% and cash: 18.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 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
-4.8%
Return on assets
-4.8%
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-06-2025, 46 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
46 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 46 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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

On 4 April 2024, MORE2 was incorporated 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
-€2,659
Total assets
€54,895
Net result
-€2,659
Working capital
-€46,670

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

Balance-sheet composition
Assets €54,895
Fixed assets €44,011
Current assets €10,883
Key figures and ratios
2024 value
EBITDA
€4,786
Cash flow
€4,693
Solvency
-4.8%
Current ratio
0.19
Debt to equity
-21.64
ROA
-4.8%
Interest coverage
131.49
Debt
€57,554
Debt ≤ 1 year
€57,554
Income taxes
€57
Staff costs
€19,321
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€54,895
Fixed assets21/28€44,011
Tangible fixed assets22/27€41,976
Plant, machinery and equipment23€15,123
Furniture and vehicles24€26,853
Financial fixed assets28€2,035
Current assets29/58€10,883
Amounts receivable within one year40/41€581
Other amounts receivable41€581
Cash at bank and in hand54/58€10,302
Equity and liabilities
Total equity and liabilities10/49€54,895
Equity10/15-€2,659
Profit (loss) carried forward14-€2,659
Amounts payable17/49€57,554
Amounts payable within one year42/48€57,554
Trade debts44€25,618
Suppliers440/4€25,618
Taxes, remuneration and social security45€364
Taxes450/3€68
Remuneration and social security454/9€296
Other amounts payable47/48€31,571
Income statement Code2024
Remuneration, social security and pensions62€19,321
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,352
Other operating charges640/8€395
Gross operating margin9900€24,502
Operating profit (loss)9901-€2,566
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903-€2,602
Income taxes67/77€57
Profit (loss) for the period9904-€2,659
Profit (loss) for the period to be appropriated9905-€2,659
Appropriation of the result
Profit (loss) to be appropriated9906-€2,659

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€19,321
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,352
Other operating charges640/8€395
Gross operating margin9900€24,502
Operating profit (loss)9901-€2,566
Financial charges65/66B€36
Recurring financial charges65€36
Profit (loss) for the period before taxes9903-€2,602
Income taxes67/77€57
Profit (loss) for the period9904-€2,659
Profit (loss) for the period to be appropriated9905-€2,659
Line2024
Assets
Total assets20/58€54,895
Fixed assets21/28€44,011
Tangible fixed assets22/27€41,976
Plant, machinery and equipment23€15,123
Furniture and vehicles24€26,853
Financial fixed assets28€2,035
Current assets29/58€10,883
Amounts receivable within one year40/41€581
Other amounts receivable41€581
Cash at bank and in hand54/58€10,302
Equity and liabilities
Total equity and liabilities10/49€54,895
Equity10/15-€2,659
Profit (loss) carried forward14-€2,659
Amounts payable17/49€57,554
Amounts payable within one year42/48€57,554
Trade debts44€25,618
Suppliers440/4€25,618
Taxes, remuneration and social security45€364
Taxes450/3€68
Remuneration and social security454/9€296
Other amounts payable47/48€31,571
Line2024
Profit (loss) for the period9904-€2,659
+ Depreciation and write-downs630€7,352
Operating cash flow (approximation)€4,693

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

2025
15-06
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, Antwerpen · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
360 m²
Building footprint
190 m²
Volume, LiDAR
2,330 m³
Parcel 11813N0915/00C016, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
More Pizza's
Waterhoenlaan 15, 2050 AntwerpenLimited-service restaurants, excluding mobile food services
since 20252.372.793.115
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11813N0915/00C016 Flanders 360 m² 1 · 190 m² 14.7 m · 4 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.372.793.115
2 permissions
Toelating · Ambulante eetgelegenheid · since 06-05-2025
Toelating · Traiteur · since 06-05-2025

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 21,861 companies in sector 56112 we hold annual accounts for 9,778. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services

Scores and ratios are computed by Checked and are not a credit decision.