MORIMMO
ActiveSummary
MORIMMO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179k and a net result of €-62k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 26% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-14
Solvency44▼-8
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 4.18 in 2024; short-term debt: 16% and cash: 23.4% of total assets), but 80.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 · 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
1819202122232425
2018 to 2025 · latest year €-62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days 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
20 d late
2024
25 d late
2023
56 d early
2022
39 d early
2021
149 d early
2020
86 d early
2019
134 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
In the rankings
#5 oldest company in Court-Saint-Etienne, Administrative and support services sector#7 company by total assets in Court-Saint-Etienne, Administrative and support services sector
Equity
€179k▼ 25.6%
2024 · €241k
Total assets
€923k▲ 1.5%
2024 · €909k
Net result
€-62k▼ 403%
2024 · €-12k
Working capital
€107k▼ 54.0%
2024 · €232k
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€14k€27k▲ 87.3%€33k▲ 22.5%€29k▼ 13.1%€-17k
Net result€3k€-13k€-1k▲ 88.9%€-12k▼ 728%€-62k▼ 403%
Equity€269k▲ 16.6%€255k▼ 5.0%€254k▼ 0.6%€241k▼ 4.9%€179k▼ 25.6%
Total assets€913k▼ 0.6%€895k▼ 2.0%€911k▲ 1.8%€909k▼ 0.2%€923k▲ 1.5%
Debt€645k▼ 1.3%€640k▼ 0.8%€658k▲ 2.8%€668k▲ 1.5%€743k▲ 11.3%
Working capital€113k▲ 104%€140k▲ 23.9%€234k▲ 67.5%€232k▼ 0.7%€107k▼ 54.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €29k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €923k
Fixed assets
€668k ▲ 10.6%
Current assets
€255k ▼ 16.6%
Equity and liabilities €923k
Equity
€179k ▼ 25.6%
Debt
€743k ▲ 11.3%
Debt's share of the balance-sheet total rises from 73.5% to 80.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30k▼
2024 · €72k
Cash flow
€-15k▼
2024 · €31k
Current ratio
1.72▼
2024 · 4.18
Debt to equity
4.14▲
2024 · 2.77
ROE
-34.5%▼
2024 · -5.1%
ROA
-6.7%▼
2024 · -1.4%
Interest coverage
0.66▼
2024 · 1.53
Debt ≤ 1 year
€148k▲
2024 · €73k
Debt > 1 year
€594k=
2024 · €594k
Income taxes
€640
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €20k | €6k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69k | €63k | €55k | €43k | €47k | ▲ 9.9% |
| Other operating charges640/8 | - | €11k | €12k | €13k | €13k | ▲ 6.2% |
| Non-recurring operating charges66A | - | - | €7k | €19k | - | - |
| Gross operating margin9900 | €94k | €101k | €107k | €104k | €44k | ▼ 57.8% |
| Operating profit (loss)9901 | €14k | €27k | €33k | €29k | €-17k | ▼ 159% |
| Financial income75/76B | - | €790 | €633 | €6k | €2k | ▼ 70.8% |
| Recurring financial income75 | €7 | €790 | €633 | €6k | €2k | ▼ 70.8% |
| Financial charges65/66B | - | €42k | €34k | €47k | €46k | ▼ 1.6% |
| Recurring financial charges65 | €9k | €25k | €34k | €47k | €46k | ▼ 1.6% |
| Non-recurring financial charges66B | - | €17k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €5k | €-15k | €-229 | €-12k | €-61k | ▼ 398% |
| Income taxes67/77 | €2k | €-1k | €1k | - | €640 | - |
| Profit (loss) for the period9904 | €3k | €-13k | €-1k | €-12k | €-62k | ▼ 403% |
| Transfer from tax-exempt reserves789 | - | €13k | €13k | €13k | €13k | = |
| Profit (loss) for the period to be appropriated9905 | €16k | €-852 | €11k | €254 | €-49k | ▼ 19,535% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €913k | €895k | €911k | €909k | €923k | ▲ 1.5% |
| Fixed assets21/28 | €765k | €718k | €656k | €604k | €668k | ▲ 10.6% |
| Tangible fixed assets22/27 | €764k | €717k | €655k | €602k | €667k | ▲ 10.8% |
| Land and buildings22 | - | €710k | €650k | €591k | €652k | ▲ 10.4% |
| Furniture and vehicles24 | - | €6k | €5k | €3k | €8k | ▲ 213% |
| Other tangible fixed assets26 | - | - | - | €9k | €7k | ▼ 26.6% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €1k | ▼ 36.4% |
| Current assets29/58 | €148k | €177k | €255k | €305k | €255k | ▼ 16.6% |
| Amounts receivable within one year40/41 | €255 | €459 | €10k | €21k | €29k | ▲ 41.2% |
| Trade receivables40 | - | €150 | €1k | €3k | €26k | ▲ 782% |
| Other amounts receivable41 | - | €309 | €9k | €18k | €3k | ▼ 84.3% |
| Current investments50/53 | - | - | €70k | €35k | - | - |
| Cash at bank and in hand54/58 | €145k | €174k | €173k | €246k | €216k | ▼ 12.1% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €4k | €10k | ▲ 149% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €913k | €895k | €911k | €909k | €923k | ▲ 1.5% |
| Equity10/15 | €269k | €255k | €254k | €241k | €179k | ▼ 25.6% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €261k | €249k | €247k | €235k | €222k | ▼ 5.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €151k | €138k | €126k | €113k | ▼ 10.0% |
| Distributable reserves133 | - | €96k | €107k | €107k | €107k | = |
| Profit (loss) carried forward14 | €1k | €204 | €204 | €458 | €-49k | ▼ 10,762% |
| Amounts payable17/49 | €645k | €640k | €658k | €668k | €743k | ▲ 11.3% |
| Amounts payable after more than one year17 | €595k | €579k | €579k | €594k | €594k | = |
| Other amounts payable178/9 | - | €579k | €579k | €594k | €594k | = |
| Amounts payable within one year42/48 | €36k | €37k | €21k | €73k | €148k | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | €16k | - | - | - | - |
| Trade debts44 | €4k | €5k | - | €2k | €26k | ▲ 1,538% |
| Suppliers440/4 | - | €5k | - | €2k | €26k | ▲ 1,538% |
| Taxes, remuneration and social security45 | - | €1k | €4k | €3k | €3k | ▲ 4.0% |
| Taxes450/3 | - | €1k | €4k | €3k | €3k | ▲ 4.0% |
| Other amounts payable47/48 | - | €15k | €18k | €69k | €119k | ▲ 73.5% |
| Accrued charges and deferred income492/3 | - | €24k | €57k | €765 | €2k | ▲ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-13k | €-1k | €-12k | €-62k | ▼ 403% |
| + Depreciation and write-downs630 | €69k | €63k | €55k | €43k | €47k | ▲ 9.9% |
| Operating cash flow (approximation) | €73k | €50k | €53k | €31k | €-15k | ▼ 147% |
| Investment in fixed assets (approximation) | - | €-16k | €7k | €9k | €-112k | ▼ 1,294% |
| Change in cash | - | €29k | €-1k | €73k | €-30k | ▼ 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
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 11.97
Current ratio from 4.74 to 11.97; short-term debt falls from €37k to €21k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €542
Net result €542 after one loss-making year.
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Court-Saint-Etienne
Ground area
876 m²
Building footprint
127 m²
Volume, LiDAR
703 m³
Parcel 25023H0123/00Z002, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0123/00Z002 | Wallonia | 876 m² | 1 · 127 m² | 7.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300DXLTJ3E936AV23
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Of 11,220 companies in sector 82100 we hold annual accounts for 3,511. 2,516 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
Founded03-04-1995
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
86910Medical imaging and medical laboratories
Scores and ratios are computed by Checked and are not a credit decision.