Financials
- Fiscal year
- 2025
- Total assets
- €53,284
- Loss
- -€27,503
- Solvency
- 98.9%
Total assets▼ 43.8%
Net result
20182025
Morgenstern
ActiveSummary
The annual accounts of Morgenstern for fiscal year 2025 show a net loss of 52% of total assets. The 2025 annual accounts show equity of €52,691 and a net result of -€27,503. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
Activity not known
How big
€53,284total assets 2025
- Equity
- €52,691
- Loss
- -€27,503
Turnover not published (abridged schema)
Who decides
Accounts 46 d early0 of 1 deed read
Why 59- No NACE activity registered- Annual accounts: weaker financial profile- Persistent losses+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 89.87 against 6.74 in 2024; short-term debt: 1.1% and cash: 71.8% of total assets), and 1.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
98.9%
Return on assets
-51.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192122232425
2018 to 2025 · latest year -€27,503
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
26 d late
2023
29 d late
2022
30 d late
2021
127 d late
2019
122 d late
2018
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 45 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€27,503
- Liquidity times 13current ratio 89.87
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- Next accounts
- by 31-07-2027
- 15-06-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 31-12-2025Liquidity times 13
Company details
- Legal form
- Private limited company (pre-2019)
- Founded
- 05-04-2012
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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