MORP
ActiveSummary
MORP has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3,989 and a net result of €989. Its solvency ranks better than 10% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Non-recurring operating income76A | €1,014 |
| Other operating charges640/8 | €1,119 |
| Non-recurring operating charges66A | €11,389 |
| Gross operating margin9900 | €26,399 |
| Operating profit (loss)9901 | €13,891 |
| Financial income75/76B | €31 |
| Recurring financial income75 | €31 |
| Financial charges65/66B | €4,954 |
| Recurring financial charges65 | €4,954 |
| Profit (loss) for the period before taxes9903 | €8,967 |
| Income taxes67/77 | €7,978 |
| Profit (loss) for the period9904 | €989 |
| Profit (loss) for the period to be appropriated9905 | €989 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €60,179 | |
| Current assets29/58 | €60,179 | |
| Amounts receivable within one year40/41 | €41,939 | |
| Trade receivables40 | €36,918 | |
| Other amounts receivable41 | €5,021 | |
| Cash at bank and in hand54/58 | €15,159 | |
| Deferred charges and accrued income490/1 | €3,081 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €60,179 | |
| Equity10/15 | €3,989 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €989 | |
| Distributable reserves133 | €989 | |
| Amounts payable17/49 | €56,189 | |
| Amounts payable within one year42/48 | €56,189 | |
| Current portion of amounts payable after more than one year42 | €13,125 | |
| Trade debts44 | €25,173 | |
| Suppliers440/4 | €25,173 | |
| Taxes, remuneration and social security45 | €17,891 | |
| Taxes450/3 | €17,891 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €989 |
| Operating cash flow (approximation) | €989 |
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
08-09
State Gazette act
Resignation: Yves Dutré (director)1 fact ▸
- Director resignation, Yves Dutré (director)
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0325/00K002 | Flanders | 1,491 m² | 1 · 984 m² | 8.2 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Yves Dutré |
|
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.