Turnover
≈ €250,000 estimated
The micro format states no turnover.
MORLIFLEX
Lifetime
3 annual accounts with figures on one time axispeak €89,927 (2023)
€63,003▲ 3.2%
peak €51,189 (2023)
€40,734▲ 2.4%
peak €133,034 (2025)
€133,034▲ 44.1%
€39,588▲ 12.8%
Board1 name since 2022
1 directorMORLION Bram Robert Willy
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Equity from €92,300 to €133,034Investments €39,223
Key points
from the 2025 annual accountsInvestments
€39,223 5.4 × depreciation
Green is investment, beige is depreciation.
Position in the sector
77.1%
Higher solvency than 82% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
86
Excellent
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
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: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.3%highest value
01-2025: 2.2%▼ -0.1 percentage points vs 12-2024
02-2025: 2.1%▼ -0.1 percentage points vs 01-2025
03-2025: 2.0%▼ -0.1 percentage points vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.2%▲ +0.2 percentage points vs 04-2025
06-2025: 2.2%● unchanged vs 05-2025
07-2025: 2.2%● unchanged vs 06-2025
08-2025: 0.5%▼ -1.7 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.2 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €172,622
Founded in 2022
lowers risk
Liquidity: current ratio 3.08, cash €32,640
Equity €133,034 (77.1% of total assets)
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 43, micro). It does better than 90% of them on solvency, 64% on liquidity, 84% on profitability and 81% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as MORLIFLEX has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MORLIFLEX 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 39,278 companies, not a prediction for MORLIFLEX. 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 €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.08 (3.13 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 18.9% of total assets. 22.9% of the assets are financed with debt and provisions.
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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 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 days early
2024
3 days early
2023
20 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 15 July (3 of the last 3 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787204785
Incorporation
Founding capital of €3,000, 120 shares · Founder: MORLION Bram Robert Willy · Appointment: MORLION Bram Robert Willy (director) · published on 15-06-2022 · Gazette deed
First establishment
Benedictijnenstraat 22, Poperinge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MORLIFLEX Poperinge | €172,622 | €63,003 | 77.1% | - |
| BEUSELINCK GLENN Knokke-Heist | €193,712 | €68,787 | 33.2% | - |
| VEGA & CO Kraainem | €157,380 | €61,687 | 63.2% | - |
| DETHIER DIMITRI CHAUFFAGE SANITAIRE Waimes | €165,250 | €72,637 | 41.5% | - |
| JOERI VAN ROEYEN Waasmunster | €179,525 | €60,168 | 65.9% | - |
| Technico Services Heist-op-den-Berg | €168,505 | €63,192 | 58.7% | - |
| PrestaTech Wemmel | €155,636 | €76,668 | 67.8% | - |
These companies have the same main activity as MORLIFLEX: plumbing work (NACE 43221). They are comparable in size and age: total assets between €156,000 and €194,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 13-06-2022Normal situation
- Activity
- Plumbing workNACE 43221and 4 others
- Establishment unit
- 2.332.682.3288970 Poperinge, since 13-06-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-08-2024
Annual accounts 2025
- €172,622▲ 35.5%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on MORLIFLEX
MORLIFLEX files the micro format. That format states no turnover. The gross margin fell from €89,927 in 2023 to €63,003 in 2025.
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 MORLIFLEX
- What is the company number of MORLIFLEX?
- The company number of MORLIFLEX is 0787.204.785. The VAT number is the same number with BE in front: BE 0787.204.785.
- Where is MORLIFLEX based?
- The registered office is at Benedictijnenstraat 22, 8970 Poperinge.Company details
- What does MORLIFLEX do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of MORLIFLEX?
- MORLIFLEX is a private limited company (BV).
- When was MORLIFLEX founded?
- MORLIFLEX was founded on 13-06-2022.
- Is MORLIFLEX still active?
- Yes, MORLIFLEX is an active enterprise in the KBO register.
- What is the turnover of MORLIFLEX?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €63,003 and 105 comparable companies (NACE 432). It probably lies between €180,000 and €360,000.Financials
- Is MORLIFLEX profitable?
- In financial year 2025, MORLIFLEX made a profit of €40,734.
- Where can I find the annual accounts of MORLIFLEX?
- MORLIFLEX filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MORLIFLEX due?
- MORLIFLEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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