Result
-€38,437 -€38,437
From profit to loss in 2025, after a profit of €112,121 in 2024.
MORILO
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2002peak €1.1m (2015)
€903,102▼ 7.0%
lowest -€290,123 (2010)
-€38,437▼ €150,558
peak €579,616 (2024)
€541,179▼ 6.6%
€863,217▲ 35.4%
peak 16.2 FTE (2019)
12.2 FTE▼ 1.6%
Board1 name since 2001
1 directorVan Hool Beatrice
Owners
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Loss of €38,437Debts from €637,758 to €863,217Cash from €86,419 to €49,902
Key points
from the 2025 annual accountsTurnover
≈ €1.6m estimated
The abbreviated format states no turnover.
Debts
€863,217 ▲ 35.4%
Debts rose by €225,459 in 2025.
Investments
€385,055 1.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 98.9% higher than in 2024.
Filings
24 annual accounts since 2002
Five of the last ten came late. The 2018 accounts came latest: 138 days after the end of the period.
Position in the sector
€903,102
Higher gross margin than 83% of companies in accommodation. Sector median €181,404 · 888 companies.
Checked score
82
Excellent
Financially stronger than 46% of small companies in accommodation (NACE 55)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 579 companies (NACE 55, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Size: 12.2 FTE, total assets €1.4m
Loss of €38,437 (financial year 2025)
Liquidity: current ratio 0.60, cash €49,902
lowers risk
Founded in 2001
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, small). It does better than 61% of them on solvency, 36% on liquidity, 55% on profitability and 31% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as MORILO has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MORILO itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 8,617 companies, not a prediction for MORILO. 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
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.6 (0.58 in 2024), below 1. Short-term debt is 26.2% and cash 3.6% of total assets. 61.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
31 days early
2023
13 days early
2022
6 days early
2021
51 days early
2020
46 days late
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
VH
Van Hool Beatrice
Director, since 11-12-2001
- Beatrice Van Hool 100%annual accounts 2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476381747
Legal-form change · Resignations & appointments
General meeting of 01-09-2022 · Gazette deed
First establishment
Hotel Julien, Korte Nieuwstraat 24, Antwerp
Incorporation
published on 03-01-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MORILO Antwerp | €1.4m | €0.9m | 38.5% | 12.2 |
| D.S.M.- LOGIES Bruges | €1.5m | €0.8m | 26.7% | 12 |
| HOTEL CORDOEANIER Bruges | €1.2m | €0.7m | 27.0% | 12.2 |
| FLANDERS HOTEL Bruges | €1.8m | €1.0m | 65.7% | 12.6 |
| Hotel 't Sandt Antwerp | €1.9m | €1.0m | 67.8% | 12.4 |
| HOTEL BONCELLES Charleroi | €1.4m | €0.7m | 10.1% | 10.6 |
| Peace Village Mesen | €1.0m | €0.9m | 36.4% | 11.7 |
These companies have the same main activity as MORILO: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €1m and €1.9m, founded between 1999 and 2004.
Official details
Source: KBO- Status
- Active since 20-12-2001Normal situation
- Activity
- Hotels and similar accommodationNACE 55100and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.101.506.0872000 Antwerp, since 24-01-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Annual accounts 2025
- €1.4m▲ 15.4%
- Employeeson 31-12-2025
- 16▼ 11.1%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on MORILO
MORILO files the abbreviated format. That format states no turnover. The gross margin rose from €383,391 in 2007 to €903,102 in 2025.
The balance sheet grew most from 2009 to 2010 through fixed assets, financed with long-term debt.
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 MORILO
- What is the company number of MORILO?
- The company number of MORILO is 0476.381.747. The VAT number is the same number with BE in front: BE 0476.381.747.
- Where is MORILO based?
- The registered office is at Korte Nieuwstraat 24, 2000 Antwerp.Company details
- What does MORILO do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of MORILO?
- MORILO is a private limited company (BV).
- When was MORILO founded?
- MORILO was founded on 20-12-2001.
- Is MORILO still active?
- Yes, MORILO is an active enterprise in the KBO register.
- How many employees does MORILO have?
- MORILO had an average of 12.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MORILO fall under?
- In its 2025 annual accounts, MORILO states joint committee 302 (Hotels and catering).
- What is the turnover of MORILO?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €903,102 and 34 comparable companies (NACE 55). It probably lies between €1.3m and €2.0m.
- Is MORILO profitable?
- In financial year 2025, MORILO made a loss of €38,437.
- Where can I find the annual accounts of MORILO?
- MORILO filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MORILO due?
- MORILO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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