Losses
-€9,271 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
MORGABRICK
Lifetime
7 annual accounts with figures on one time axispeak €31,471 (2025)
€31,471▲ €36,441
lowest -€18,964 (2021)
-€1,168▲ €6,935
peak €27,303 (2020)
€16,755▼ 6.5%
€36,740▲ 23.1%
Board1 name since 2019
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from -€4,970 to €31,471Loss of €1,168Debts from €29,843 to €36,740Cash from €9 to €31,827
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as MORGABRICK has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% 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 3,440 companies, not a prediction for MORGABRICK. 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 0208:0717856121
Resignation: (statutory manager)
Reappointment: (director) · General meeting of 29-01-2024 · Gazette deed
First establishment
Koekoekstraat 1, Nazareth-De Pinte
Incorporation
Founding capital of €18,550, 100 shares, €12,400 paid up · Founder: · Appointment: (statutory manager) · published on 21-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MORGABRICK Nazareth-De Pinte | €53,496 | €31,471 | 31.3% | - |
| VINTI CONSTRUCTION Charleroi | €47,684 | €35,851 | 41.9% | - |
| WESTHOF PROJECTS Zonhoven | €50,598 | €24,737 | 80.6% | - |
| Yannick Buyckx Ravels | €58,054 | €37,595 | 10.3% | - |
| SUR MESURE Momignies | €50,222 | €21,322 | 10.1% | - |
| DAVID FLEURY & CIE Uccle | €49,086 | €43,239 | 85.7% | - |
| SOFAB Ittre | €53,627 | €35,851 | 56.7% | - |
These companies have the same main activity as MORGABRICK: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €47,700 and €58,100, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 08-01-2019Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.286.429.2639840 Nazareth-De Pinte, since 25-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2026
Insights on MORGABRICK
MORGABRICK files the micro format. That format states no turnover. The gross margin rose from €21,079 in 2019 to €31,471 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 MORGABRICK
- What is the company number of MORGABRICK?
- The company number of MORGABRICK is 0717.856.121. The VAT number is the same number with BE in front: BE 0717.856.121.
- Where is MORGABRICK based?
- The registered office is at Koekoekstraat 1, 9840 Nazareth-De Pinte.Company details
- What does MORGABRICK do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of MORGABRICK?
- MORGABRICK is a private limited company (BV).
- When was MORGABRICK founded?
- MORGABRICK was founded on 08-01-2019.
- Is MORGABRICK still active?
- Yes, MORGABRICK is an active enterprise in the KBO register.
- What is the turnover of MORGABRICK?
- The turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €31,471 and 32 comparable companies (NACE 681). It probably lies between €47,000 and €180,000.Financials
- Is MORGABRICK profitable?
- In financial year 2025, MORGABRICK made a loss of €1,168.
- Where can I find the annual accounts of MORGABRICK?
- MORGABRICK filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MORGABRICK due?
- MORGABRICK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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