MORO
MORO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €418k and a net result of €-32k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 44% of 660 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €418k |
| Net result | €-32k |
| Staff (FTE) | 6.8 |
| Better than sector | 44% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.0% | 46.5% | |
| Net result | €-32k | €79k | |
| Equity | €418k | €1.18M | |
| Gross operating margin | €519k | €719k | |
| Staff costs | €471k | €1.07M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €26k | €89k | €120k | €72k | €200k |
| Net profit | €-32k | €7k | €33k | €13k | €109k |
| Cash flow | €14k | €59k | €77k | €56k | €145k |
| Staff costs | €471k | €485k | €460k | €456k | €447k |
| Income taxes | €0 | €4k | €16k | €5k | €39k |
| Dividends | - | - | €0 | €1k | - |
| Total assets | €995k | €1.03M | €1.01M | €892k | €918k |
| Equity | €418k | €450k | €442k | €409k | €431k |
| Debt | €541k | €554k | €548k | €483k | €487k |
| of which ≤ 1y | €440k | €441k | €433k | €332k | €364k |
| of which > 1y | €99k | €106k | €111k | €149k | €121k |
| Working capital | €442k | €443k | €468k | €440k | €447k |
| Employees (FTE) | 6.8 | 7.4 | 7.4 | 8.0 | 8.5 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.00 | 2.01 | 2.08 | 2.33 | 2.23 |
| Quick ratio | 1.65 | 1.62 | 1.81 | 1.74 | 1.91 |
| Working capital ratio | 44.4% | 42.9% | 46.5% | 49.4% | 48.7% |
| Solvency | 42.0% | 43.5% | 44.0% | 45.9% | 46.9% |
| Debt / equity | 1.29 | 1.23 | 1.24 | 1.18 | 1.13 |
| Long-term debt ratio | 0.24 | 0.23 | 0.25 | 0.36 | 0.28 |
| Interest coverage | 2.23 | 3.51 | 4.44 | 6.19 | 10.52 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -3.2% | 0.7% | 3.3% | 1.4% | 11.8% |
| ROE | -7.6% | 1.6% | 7.6% | 3.1% | 25.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €995k | €1.03M | €1.01M | €892k | €918k |
| Fixed assets | 21/28 | €60k | €81k | €105k | €120k | €108k |
| Formation expenses | 20 | €54k | €67k | - | - | - |
| Intangible fixed assets | 21 | €3k | €7k | €12k | - | - |
| Tangible fixed assets | 22/27 | €57k | €73k | €93k | €120k | €108k |
| Current assets | 29/58 | €881k | €884k | €902k | €772k | €811k |
| Stocks & contracts in progress | 3 | €157k | €171k | €117k | €193k | €117k |
| Amounts receivable within one year | 40/41 | €392k | €358k | €427k | €264k | €316k |
| Cash & bank | 54/58 | €322k | €344k | €348k | €307k | €370k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €995k | €1.03M | €1.01M | €892k | €918k |
| Equity | 10/15 | €418k | €450k | €442k | €409k | €431k |
| Contributions / capital | 10/11 | €425k | €425k | €425k | €425k | €460k |
| Reserves | 13 | €25k | €25k | €17k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-32k | - | €0 | €-18k | €-31k |
| Provisions & deferred taxes | 16 | €37k | €29k | €16k | - | - |
| Amounts payable | 17/49 | €541k | €554k | €548k | €483k | €487k |
| Amounts payable after one year | 17 | €99k | €106k | €111k | €149k | €121k |
| Amounts payable within one year | 42/48 | €440k | €441k | €433k | €332k | €364k |
| Trade debts payable within one year | 44 | €187k | €200k | €160k | €88k | €129k |
| Income statement | ||||||
| Gross operating margin | 9900 | €519k | €589k | €608k | €530k | €650k |
| Operating result | 9901 | €-20k | €36k | €77k | €29k | €164k |
| Financial income | 75 | €108 | €65 | €33 | €0 | €2k |
| Financial charges | 65 | €12k | €25k | €27k | €12k | €19k |
| Result before taxes | 9903 | €-32k | €11k | €50k | €18k | €147k |
| Income taxes | 67/77 | €0 | €4k | €16k | €5k | €39k |
| Net result for the period | 9904 | €-32k | €7k | €33k | €13k | €109k |
| Result to be appropriated | 9905 | €-32k | €7k | €33k | €13k | €109k |
| NACE primary | Machining of metals(25530) |
| Legal form | Public limited company(014) |
| Incorporation | 01-04-1994 |
| Status | Active |
| Postal code | 8810 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0627/00S000 | Flanders | 2,881 m² | 1 · 1,405 m² | 8.8 m · 3 fl. |
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-11-2022 Capital decrease of €35,000 to €425,000
- €460.000 → €425.000
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": 425000.0,
"delta_eur": -35000.0,
"before_eur": 460000.0,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": "loss_absorption",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Karel VANBEYLEN",
"firm_city": null,
"firm_name": null,
"office_city": "Wingene",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-11-08",
"filing_date": "2022-11-04",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-10-26",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0452.829.454",
"name_full": "MORO",
"legal_form": "Naamloze vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift van de akte",
"de tekst der geco\u00F6rdineerde statuten"
],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 1622,
"class_name": "Aandelen met stemrecht",
"capital_share_eur": 425000.0,
"voting_rights_per_share": 1.0
}
]
}| Legal nameNL | MORO |