MORE2COM
Active2 interim measuresSummary
The file of MORE2COM contains 2 interim measures, as published in the Belgian Official Gazette. The 2025 annual accounts show equity of €37,692 and a net result of €14,924. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 80% of 9,660 sector peers (NACE 64, financial year 2025).
Financials · financial year 2025, micro format
Equity
€37,692▼ 9.0%
2024 · €41,423
Net result
€14,924▼ 5.4%
2024 · €15,768
Total assets
€45,961▼ 11.4%
2024 · €51,851
Solvency
82.0%▲ 2.1pp
2024 · 79.9%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 0% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€22,058
2025
Net result€14,924
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€45,961
2025
Equity€37,692
2025
Debt€8,269
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€18,080
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)32.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio3.19
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€20,853-€14,630▼ 29.8%€12,986▼ 11.2%€40,879▲ 215%€11,446▼ 72.0%€22,100▲ 93.1%€22,058▼ 0.2%
Net result€19,775-€13,376within the sector's middle half▼ 32.4%€13,352within the sector's middle half▼ 0.2%€42,411within the sector's middle half▲ 218%€9,518within the sector's middle half▼ 77.6%€15,768within the sector's middle half▲ 65.7%€14,924within the sector's middle half▼ 5.4%
Equity-€20,401--€7,026below the sector's middle half▲ 65.6%€12,526below the sector's middle half€54,937below the sector's middle half▲ 339%€64,455below the sector's middle half▲ 17.3%€41,423below the sector's middle half▼ 35.7%€37,692within the sector's middle half▼ 9.0%
Total assets€17,738-€22,996below the sector's middle half▲ 29.6%€29,314below the sector's middle half▲ 27.5%€78,869below the sector's middle half▲ 169%€76,251below the sector's middle half▼ 3.3%€51,851below the sector's middle half▼ 32.0%€45,961below the sector's middle half▼ 11.4%
Debt€38,140-€30,022▼ 21.3%€16,787▼ 44.1%€23,932▲ 42.6%€11,796▼ 50.7%€10,428▼ 11.6%€8,269▼ 20.7%
Working capital-€15,062--€11,236within the sector's middle half▲ 25.4%-€2,686within the sector's middle half▲ 76.1%€38,197within the sector's middle half€47,715within the sector's middle half▲ 24.9%€24,683within the sector's middle half▼ 48.3%€18,080within the sector's middle half▼ 26.8%
Solvency-115.0%--30.6%below the sector's middle half▲ 84.5pp42.7%within the sector's middle half▲ 73.3pp69.7%within the sector's middle half▲ 26.9pp84.5%above the sector's middle half▲ 14.9pp79.9%above the sector's middle half▼ 4.6pp82.0%above the sector's middle half▲ 2.1pp
Current ratio0.47-0.53below the sector's middle half▲ 0.060.84within the sector's middle half▲ 0.312.60within the sector's middle half▲ 1.765.05above the sector's middle half▲ 2.453.37above the sector's middle half▼ 1.683.19within the sector's middle half▼ 0.18
Return on assets (ROA)111.5%-58.2%above the sector's middle half▼ 53.3pp45.5%above the sector's middle half▼ 12.6pp53.8%above the sector's middle half▲ 8.2pp12.5%above the sector's middle half▼ 41.3pp30.4%above the sector's middle half▲ 17.9pp32.5%above the sector's middle half▲ 2.1pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,961
Fixed assets
€19,613 ▲ 17.2%
Current assets
€26,349 ▼ 25.0%
Equity and liabilities €45,961
Equity
€37,692 ▼ 9.0%
Debt
€8,269 ▼ 20.7%
Debt's share of the balance-sheet total falls from 20.1% to 18.0%. Equity and debt are lower.
Key figures and ratios
ROE
39.6%▲
2024 · 38.1%
Debt ≤ 1 year
€8,269▼
2024 · €10,428
Income taxes
€7,315▼
2024 · €7,928
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €264 | €220 | €256 | €0 | - | - | €396 | - |
| Other operating charges640/8 | - | - | - | €939 | €929 | €1,026 | €1,264 | ▲ 23.2% |
| Non-recurring operating charges66A | - | - | - | €1,301 | €0 | - | - | - |
| Gross operating margin9900 | €22,618 | €16,060 | €13,809 | €43,119 | €12,375 | €23,126 | €23,717 | ▲ 2.6% |
| Operating profit (loss)9901 | €20,853 | €14,630 | €12,986 | €40,879 | €11,446 | €22,100 | €22,058 | ▼ 0.2% |
| Financial income75/76B | - | - | - | €5,051 | €3,712 | €2,406 | €808 | ▼ 66.4% |
| Recurring financial income75 | €0 | €0 | €1,272 | €5,051 | €3,712 | €2,406 | €808 | ▼ 66.4% |
| Financial charges65/66B | - | - | - | €610 | €1,155 | €811 | €629 | ▼ 22.5% |
| Recurring financial charges65 | €1,078 | €1,154 | €775 | €610 | €1,155 | €811 | €629 | ▼ 22.5% |
| Profit (loss) for the period before taxes9903 | €19,775 | €13,476 | €13,483 | €45,320 | €14,003 | €23,696 | €22,238 | ▼ 6.2% |
| Income taxes67/77 | €0 | €101 | €131 | €2,910 | €4,485 | €7,928 | €7,315 | ▼ 7.7% |
| Profit (loss) for the period9904 | €19,775 | €13,376 | €13,352 | €42,411 | €9,518 | €15,768 | €14,924 | ▼ 5.4% |
| Profit (loss) for the period to be appropriated9905 | €19,775 | €13,376 | €13,352 | €42,411 | €9,518 | €15,768 | €14,924 | ▼ 5.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €17,738 | €22,996 | €29,314 | €78,869 | €76,251 | €51,851 | €45,961 | ▼ 11.4% |
| Fixed assets21/28 | €4,550 | €10,468 | €15,213 | €16,740 | €16,740 | €16,740 | €19,613 | ▲ 17.2% |
| Tangible fixed assets22/27 | €396 | €176 | €4,921 | €0 | - | - | €2,873 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €809 | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - | €2,063 | - |
| Financial fixed assets28 | €4,154 | €10,292 | €10,292 | €16,740 | €16,740 | €16,740 | €16,740 | = |
| Current assets29/58 | €13,188 | €12,528 | €14,101 | €62,129 | €59,511 | €35,111 | €26,349 | ▼ 25.0% |
| Amounts receivable within one year40/41 | €11,968 | €10,933 | €13,786 | €52,811 | €48,240 | €21,171 | €12,265 | ▼ 42.1% |
| Trade receivables40 | - | - | - | €12,100 | €0 | €413 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €40,711 | €48,240 | €20,758 | €12,265 | ▼ 40.9% |
| Cash at bank and in hand54/58 | €100 | €1,000 | €0 | €8,112 | €6,907 | €9,196 | €9,997 | ▲ 8.7% |
| Deferred charges and accrued income490/1 | - | - | - | €1,205 | €4,364 | €4,744 | €4,088 | ▼ 13.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €17,738 | €22,996 | €29,314 | €78,869 | €76,251 | €51,851 | €45,961 | ▼ 11.4% |
| Equity10/15 | -€20,401 | -€7,026 | €12,526 | €54,937 | €64,455 | €41,423 | €37,692 | ▼ 9.0% |
| Contributions10/11 | €12,400 | - | - | €18,600 | €18,600 | €18,600 | €1,500 | ▼ 91.9% |
| Reserves13 | €40,660 | €40,660 | €40,660 | €40,660 | €45,855 | €22,823 | €36,192 | ▲ 58.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €38,800 | €45,855 | €22,823 | €36,192 | ▲ 58.6% |
| Profit (loss) carried forward14 | -€73,461 | -€60,086 | -€46,734 | -€4,323 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €38,140 | €30,022 | €16,787 | €23,932 | €11,796 | €10,428 | €8,269 | ▼ 20.7% |
| Amounts payable after more than one year17 | €9,890 | €4,258 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €28,250 | €23,764 | €16,787 | €23,932 | €11,796 | €10,428 | €8,269 | ▼ 20.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - | - | - | - |
| Financial debts43 | - | - | - | €0 | €3,982 | €0 | €143 | - |
| Credit institutions430/8 | - | - | - | €0 | €3,982 | €0 | €143 | - |
| Trade debts44 | €10,213 | €11,204 | €8,205 | €14,847 | €3,671 | €4,024 | €3,021 | ▼ 24.9% |
| Suppliers440/4 | - | - | - | €14,847 | €3,671 | €4,024 | €3,021 | ▼ 24.9% |
| Taxes, remuneration and social security45 | - | - | - | €9,085 | €4,142 | €6,404 | €5,106 | ▼ 20.3% |
| Taxes450/3 | - | - | - | €9,085 | €4,142 | €6,404 | €5,106 | ▼ 20.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,775 | €13,376 | €13,352 | €42,411 | €9,518 | €15,768 | €14,924 | ▼ 5.4% |
| + Depreciation and write-downs630 | €264 | €220 | €256 | €0 | - | - | €396 | - |
| Operating cash flow (approximation) | €20,039 | €13,596 | €13,608 | €42,411 | €9,518 | €15,768 | €15,319 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€6,138 | -€5,000 | -€1,527 | €0 | €0 | -€3,268 | - |
| Change in cash | - | €900 | -€1,000 | €8,112 | -€1,205 | €2,289 | €800 | ▼ 65.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 03-12-2025 | 2025-00575439 |
| 30-06-2024 | abbreviated format | 04-12-2024 | 2024-00609957 |
| 30-06-2023 | abbreviated format | 13-12-2023 | 2023-00527191 |
| 30-06-2022 | abbreviated format | 26-01-2023 | 2023-00004867 |
| 30-06-2021 | micro format | 26-01-2022 | 2022-02100126 |
| 30-06-2020 | micro format | 26-02-2021 | 2021-06400445 |
| 30-06-2019 | micro format | 16-12-2019 | 2019-76200504 |
| 30-06-2018 | micro format | 28-01-2019 | 2019-02400534 |
| 30-06-2017 | micro format | 10-01-2018 | 2018-00800342 |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70100001 |
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Of the 24,460 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,971. 9,679 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.