MORIA
ActiveSummary
MORIA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194k and a net result of €-1k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+6
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 25.61 in 2024; short-term debt: 17.2% and cash: 4% of total assets), and 17.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
82.5%
Return on assets
-0.6%
Age of the figures
15 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
19202122232425
2019 to 2025 · latest year €-1k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-02-2026, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
1 d late
2024
on the day
2023
1 d late
2022
22 d late
2021
1 d late
2020
2 d early
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€194k▼ 15.9%
2024 · €231k
Total assets
€236k▼ 0.6%
2024 · €237k
Net result
€-1k▲ 89.7%
2024 · €-13k
Working capital
€100k▼ 22.6%
2024 · €130k
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
Line20212022202320242025
Operating result€-7k▲ 55.0%€-14k▼ 99.6%€-10k▲ 28.6%€-15k▼ 49.3%€-10k▲ 34.7%
Net result€31k€-10k€-9k▲ 12.4%€-13k▼ 40.9%€-1k▲ 89.7%
Equity€339k▼ 5.4%€253k▼ 25.4%€244k▼ 3.6%€231k▼ 5.2%€194k▼ 15.9%
Total assets€359k▼ 6.3%€274k▼ 23.7%€249k▼ 9.2%€237k▼ 4.5%€236k▼ 0.6%
Debt€20k▼ 19.2%€21k▲ 5.9%€5k▼ 77.7%€6k▲ 30.7%€41k▲ 577%
Working capital€185k▼ 4.6%€113k▼ 38.9%€123k▲ 8.8%€130k▲ 5.3%€100k▼ 22.6%
Staff (FTE)0.2=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€95k ▼ 7.2%
Current assets
€141k ▲ 4.4%
Equity and liabilities €236k
Equity
€194k ▼ 15.9%
Debt
€41k ▲ 577%
Debt's share of the balance-sheet total rises from 2.6% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2024 · €3k
Cash flow
€17k▲
2024 · €6k
Current ratio
3.47▼
2024 · 25.61
Debt to equity
0.21▲
2024 · 0.03
ROE
-0.7%▲
2024 · -5.5%
ROA
-0.6%▲
2024 · -5.4%
Interest coverage
21.84▲
2024 · 16.73
Debt ≤ 1 year
€41k▲
2024 · €5k
Income taxes
€1k▲
2024 · €765
Staff costs
€8k▲
2024 · €7k
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7k | €7k | €7k | €8k | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €19k | €19k | €18k | €18k | ▼ 2.1% |
| Other operating charges640/8 | - | €1k | €1k | €2k | €2k | ▲ 3.0% |
| Gross operating margin9900 | €17k | €12k | €17k | €12k | €17k | ▲ 44.8% |
| Operating profit (loss)9901 | €-7k | €-14k | €-10k | €-15k | €-10k | ▲ 34.7% |
| Financial income75/76B | - | €4k | €2k | €4k | €10k | ▲ 185% |
| Recurring financial income75 | €42k | €4k | €2k | €4k | €10k | ▲ 185% |
| Financial charges65/66B | - | €141 | €398 | €186 | €369 | ▲ 98.1% |
| Recurring financial charges65 | €139 | €141 | €398 | €186 | €369 | ▲ 98.1% |
| Profit (loss) for the period before taxes9903 | €34k | €-10k | €-9k | €-12k | €-283 | ▲ 97.6% |
| Income taxes67/77 | €3k | - | - | €765 | €1k | ▲ 35.1% |
| Profit (loss) for the period9904 | €31k | €-10k | €-9k | €-13k | €-1k | ▲ 89.7% |
| Profit (loss) for the period to be appropriated9905 | €31k | €-10k | €-9k | €-13k | €-1k | ▲ 89.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €359k | €274k | €249k | €237k | €236k | ▼ 0.6% |
| Fixed assets21/28 | €155k | €140k | €121k | €102k | €95k | ▼ 7.2% |
| Tangible fixed assets22/27 | €125k | €110k | €91k | €72k | €65k | ▼ 10.2% |
| Land and buildings22 | - | €110k | €86k | €69k | €63k | ▼ 9.2% |
| Plant, machinery and equipment23 | - | - | €2k | €589 | - | - |
| Furniture and vehicles24 | - | - | €3k | €3k | €2k | ▼ 17.5% |
| Financial fixed assets28 | €30k | €30k | €30k | €30k | €30k | = |
| Current assets29/58 | €204k | €134k | €128k | €135k | €141k | ▲ 4.4% |
| Amounts receivable within one year40/41 | €6k | €8k | €20k | €4k | €1k | ▼ 71.3% |
| Trade receivables40 | - | €6k | €7k | €880 | €580 | ▼ 34.1% |
| Other amounts receivable41 | - | €2k | €13k | €3k | €602 | ▼ 81.4% |
| Current investments50/53 | €166k | €106k | €106k | €106k | €130k | ▲ 23.3% |
| Cash at bank and in hand54/58 | €32k | €21k | €2k | €25k | €9k | ▼ 62.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €359k | €274k | €249k | €237k | €236k | ▼ 0.6% |
| Equity10/15 | €339k | €253k | €244k | €231k | €194k | ▼ 15.9% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €152k | €77k | €77k | €77k | €41k | ▼ 46.2% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €70k | €70k | €70k | €35k | ▼ 50.3% |
| Profit (loss) carried forward14 | €125k | €115k | €106k | €93k | €92k | ▼ 1.4% |
| Amounts payable17/49 | €20k | €21k | €5k | €6k | €41k | ▲ 577% |
| Amounts payable within one year42/48 | €19k | €21k | €5k | €5k | €41k | ▲ 670% |
| Trade debts44 | €9k | €6k | €2k | €5k | €883 | ▼ 80.8% |
| Suppliers440/4 | - | €6k | €2k | €5k | €883 | ▼ 80.8% |
| Taxes, remuneration and social security45 | - | €3k | - | €655 | €43 | ▼ 93.4% |
| Remuneration and social security454/9 | - | €3k | - | €655 | €43 | ▼ 93.4% |
| Other amounts payable47/48 | - | €12k | €3k | - | €40k | - |
| Accrued charges and deferred income492/3 | - | - | - | €850 | €850 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31k | €-10k | €-9k | €-13k | €-1k | ▲ 89.7% |
| + Depreciation and write-downs630 | €16k | €19k | €19k | €18k | €18k | ▼ 2.1% |
| Operating cash flow (approximation) | €47k | €8k | €10k | €6k | €17k | ▲ 193% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €0 | €-11k | - |
| Change in cash | - | €-12k | €-19k | €23k | €-16k | ▼ 168% |
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
Next filing, fiscal year 2026, expected by
2026
01-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 1 day late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-06
Financial
Liquidity quadruplescurrent ratio 27.28
Current ratio from 6.40 to 27.28; short-term debt falls from €21k to €5k.
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-06
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Antwerpen · 1 establishment unit since 1994
Ground area
8,658 m²
Building footprint
1,015 m²
Volume, LiDAR
12,658 m³
Parcel 11382C0243/00F003, Flanders · tallest building 17.5 m, ±4 floors. Linked by address, not a title deed.
31
companies at this address
See who is registered here
1 establishment unit
MORIA CVBA
since 19942.067.179.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382C0243/00F003 | Flanders | 8,658 m² | 1 · 1,015 m² | 17.4 m · 4 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.
Similar companies · same sector, comparable size
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ENGINEERING PROJECTS AND MANAGEMENT
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EBC²
BE 0735.919.402
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ANIXER PROJECTS
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,144 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-04-1994
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Contact
Website
www.moria.be
Phone
0498-906630
Scores and ratios are computed by Checked and are not a credit decision.