Morganaïs
ActiveSummary
Morganaïs has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187k and a net result of €77k. Equity is growing by ~60.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 4.86 against 3.47 in 2023; short-term debt: 20.5% and cash: 37.4% of total assets), and 20.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2026, 310 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
310 d late
2023
341 d late
2022
60 d late
2021
141 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€187k▲ 70.0%
2023 · €110k
Total assets
€236k▲ 53.0%
2023 · €154k
Net result
€77k▲ 59.7%
2023 · €48k
Working capital
€186k▲ 72.2%
2023 · €108k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€27k-€65k▲ 138%€71k▲ 9.1%€111k▲ 55.8%
Net result€19k-€42k▲ 123%€48k▲ 14.0%€77k▲ 59.7%
Equity€20k-€62k▲ 217%€110k▲ 78.1%€187k▲ 70.0%
Total assets€45k-€93k▲ 110%€154k▲ 65.0%€236k▲ 53.0%
Debt€25k-€31k▲ 25.9%€44k▲ 39.1%€48k▲ 10.1%
Working capital€20k-€59k▲ 202%€108k▲ 83.5%€186k▲ 72.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €236k
Fixed assets
€1k ▼ 40.9%
Current assets
€234k ▲ 54.3%
Equity and liabilities €236k
Equity
€187k ▲ 70.0%
Debt
€48k ▲ 10.1%
Debt's share of the balance-sheet total falls from 28.4% to 20.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€112k▲
2023 · €72k
Cash flow
€78k▲
2023 · €49k
Current ratio
4.86▲
2023 · 3.47
Debt to equity
0.26▼
2023 · 0.40
ROE
41.2%▼
2023 · 43.9%
ROA
32.8%▲
2023 · 31.4%
Interest coverage
32.12▲
2023 · 22.79
Debt ≤ 1 year
€48k▲
2023 · €44k
Income taxes
€33k▲
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €545 | €858 | €858 | = |
| Other operating charges640/8 | - | €370 | €599 | €1k | ▲ 124% |
| Gross operating margin9900 | €29k | €66k | €73k | €113k | ▲ 55.7% |
| Operating profit (loss)9901 | €27k | €65k | €71k | €111k | ▲ 55.8% |
| Financial income75/76B | - | €219 | - | €3k | - |
| Recurring financial income75 | - | €219 | - | €3k | - |
| Financial charges65/66B | €421 | €3k | €3k | €3k | ▲ 10.1% |
| Recurring financial charges65 | €421 | €3k | €3k | €3k | ▲ 10.1% |
| Profit (loss) for the period before taxes9903 | €27k | €62k | €68k | €111k | ▲ 62.5% |
| Income taxes67/77 | €8k | €20k | €20k | €33k | ▲ 69.3% |
| Profit (loss) for the period9904 | €19k | €42k | €48k | €77k | ▲ 59.7% |
| Profit (loss) for the period to be appropriated9905 | €19k | €42k | €48k | €77k | ▲ 59.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €45k | €93k | €154k | €236k | ▲ 53.0% |
| Fixed assets21/28 | - | €3k | €2k | €1k | ▼ 40.9% |
| Tangible fixed assets22/27 | - | €3k | €2k | €1k | ▼ 40.9% |
| Furniture and vehicles24 | - | €3k | €2k | €1k | ▼ 40.9% |
| Current assets29/58 | €45k | €90k | €152k | €234k | ▲ 54.3% |
| Amounts receivable after more than one year29 | - | - | - | €47k | - |
| Other amounts receivable291 | - | - | - | €47k | - |
| Amounts receivable within one year40/41 | - | €27k | €39k | €99k | ▲ 154% |
| Trade receivables40 | - | €19k | €19k | €42k | ▲ 120% |
| Other amounts receivable41 | - | €8k | €20k | €57k | ▲ 188% |
| Cash at bank and in hand54/58 | €45k | €57k | €110k | €88k | ▼ 19.6% |
| Deferred charges and accrued income490/1 | - | €6k | €4k | €787 | ▼ 77.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €45k | €93k | €154k | €236k | ▲ 53.0% |
| Equity10/15 | €20k | €62k | €110k | €187k | ▲ 70.0% |
| Contributions10/11 | €500 | €500 | €500 | €500 | = |
| Reserves13 | €19k | €61k | €110k | €187k | ▲ 70.3% |
| Distributable reserves133 | €19k | €61k | €110k | €187k | ▲ 70.3% |
| Amounts payable17/49 | €25k | €31k | €44k | €48k | ▲ 10.1% |
| Amounts payable within one year42/48 | €25k | €31k | €44k | €48k | ▲ 10.1% |
| Trade debts44 | €5k | €4k | €2k | €2k | ▲ 37.4% |
| Suppliers440/4 | €5k | €4k | €2k | €2k | ▲ 37.4% |
| Taxes, remuneration and social security45 | €19k | €28k | €42k | €46k | ▲ 9.0% |
| Taxes450/3 | €19k | €28k | €42k | €46k | ▲ 9.0% |
| Other amounts payable47/48 | €1k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €42k | €48k | €77k | ▲ 59.7% |
| + Depreciation and write-downs630 | €1k | €545 | €858 | €858 | = |
| Operating cash flow (approximation) | €20k | €43k | €49k | €78k | ▲ 58.6% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | €13k | €52k | €-21k | ▼ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 310 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 341 days late
2024
31-12
Financial
Highest result since 2021net €77k ▲59.7%
Operating result €111k, net result €77k, both a record.
31-12
Financial
Equity above €150kEq €187k ▲70%
4 profitable years in a row build equity to €187k.
2023
31-12
Financial
Equity above €100kEq €110k ▲78.1%
3 profitable years in a row build equity to €110k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 141 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Nazareth-De Pinte · 1 establishment unit since 2021
Ground area
1,324 m²
Building footprint
170 m²
Volume, LiDAR
820 m³
Parcel 44079A0005/00Y000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Morganaïs
since 20212.321.062.124
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44079A0005/00Y000 | Flanders | 1,323 m² | 1 · 170 m² | 7.6 m · 2 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
66199Other activities auxiliary to financial services, excluding insurance and pension funding
69109Other legal services
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.