Result
-€6,800 -€6,800
From profit to loss in 2025, after a profit of €45,390 in 2024.
Morea
Lifetime
3 annual accounts with figures on one time axispeak €75,403 (2024)
€10,435▼ 86.2%
lowest -€6,800 (2025)
-€6,800▼ €52,189
peak €63,963 (2024)
€57,164▼ 10.6%
€50,946▼ 34.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €75,403 to €10,435Loss of €6,800Debts from €77,163 to €50,946Cash from €1,579 to €3,695
Key points
from the 2025 annual accountsFilings
3 annual accounts 3 late
The 2023 accounts came latest: 29 days after the end of the period.
Position in the sector
-€6,800
Lower net result than 85% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,146 companies had the same profile as Morea has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
6.0%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,146 companies, not a prediction for Morea. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0790515059
Incorporation
Founding capital of €2,500, 250 shares · Founder: · Appointment: (director) · published on 08-09-2022 · Gazette deed
First establishment
Kruissteenweg 272, Tongeren-Borgloon
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Morea Tongeren-Borgloon | €108,110 | €10,435 | 52.9% | - |
| Vyncke Jonas Aalter | €103,413 | €10,781 | 32.2% | - |
| SAMS Halle | €104,698 | €10,527 | 61.3% | - |
| Thibaut Borzée Durbuy | €99,439 | €12,723 | 41.4% | - |
| Profi-Ren Zaventem | €102,328 | €8,579 | 72.5% | - |
| ATLAS Leopoldsburg | €99,404 | €14,156 | 61.2% | - |
| Erasenzoon Alken | €112,931 | €14,622 | 19.2% | - |
These companies have the same main activity as Morea: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €99,400 and €113,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 06-09-2022Normal situation
- Activity
- Painting of buildingsNACE 43341and 5 others
- Establishment unit
- 2.335.080.0103700 Tongeren-Borgloon, since 06-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 10-09-2026
Insights on Morea
Morea files the micro format. That format states no turnover. The gross margin fell from €45,223 in 2023 to €10,435 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Morea
- What is the company number of Morea?
- The company number of Morea is 0790.515.059. The VAT number is the same number with BE in front: BE 0790.515.059.
- Where is Morea based?
- The registered office is at Kruissteenweg 272, 3700 Tongeren-Borgloon.Company details
- What does Morea do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of Morea?
- Morea is a private limited company (BV).
- When was Morea founded?
- Morea was founded on 06-09-2022.
- Is Morea still active?
- Yes, Morea is an active enterprise in the KBO register.
- What is the turnover of Morea?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €10,435 and 159 comparable companies (NACE 433). It probably lies between €61,000 and €220,000. It is a rough estimate.Financials
- Is Morea profitable?
- In financial year 2025, Morea made a loss of €6,800.
- Where can I find the annual accounts of Morea?
- Morea filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Morea due?
- Morea must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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