Skip to content

MorphIT

Active
Private limited company (pre-2019)founded 20179 yrs activeTulpenlaan 51, 2550 Kontich, BelgiumKBO/BCE: BE 0674.884.626
Summary

MorphIT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €104k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency80▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 16.75 in 2024; short-term debt: 45.3% and cash: 40.7% of total assets), and 45.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.7%
Return on assets
45.3%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
9 d early
2024
27 d late
2023
30 d late
2022
21 d early
2021
8 d late
2020
23 d early
2019
31 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€126k▲ 3.4%
2024 · €122k
2018: €66klowest in 8 years 2019: €76k▲ +15.8% vs 2018 2020: €90k▲ +19.1% vs 2019 2021: €164k▲ +81.3% vs 2020highest in 8 years 2022: €78k▼ -52.5% vs 2021 2023: €119k▲ +53.4% vs 2022 2024: €122k▲ +1.9% vs 2023 2025: €126k▲ +3.4% vs 2024
2018 → 2025
Total assets
€230k▲ 77.7%
2024 · €129k
2018: €101k 2019: €116k▲ +14.9% vs 2018 2020: €111k▼ -3.7% vs 2019 2021: €177k▲ +59.1% vs 2020 2022: €85k▼ -51.7% vs 2021lowest in 8 years 2023: €131k▲ +53.5% vs 2022 2024: €129k▼ -1.4% vs 2023 2025: €230k▲ +77.7% vs 2024highest in 8 years
2018 → 2025
Net result
€104k▲ 3.9%
2024 · €100k
2018: €59k 2019: €10k▼ -82.6% vs 2018lowest in 8 years 2020: €15k▲ +40.5% vs 2019 2021: €61k▲ +321% vs 2020 2022: €57k▼ -6.9% vs 2021 2023: €92k▲ +60.9% vs 2022 2024: €100k▲ +9.6% vs 2023 2025: €104k▲ +3.9% vs 2024highest in 8 years
2018 → 2025
Working capital
€126k▲ 3.4%
2024 · €122k
2018: €66klowest in 8 years 2019: €76k▲ +15.8% vs 2018 2020: €90k▲ +19.1% vs 2019 2021: €164k▲ +81.3% vs 2020highest in 8 years 2022: €78k▼ -52.5% vs 2021 2023: €119k▲ +53.4% vs 2022 2024: €122k▲ +1.9% vs 2023 2025: €126k▲ +3.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€164k-€78k▼ 52.5%€119k▲ 53.4%€122k▲ 1.9%€126k▲ 3.4% 2021: €164khighest in 5 years 2022: €78k▼ -52.5% vs 2021lowest in 5 years 2023: €119k▲ +53.4% vs 2022 2024: €122k▲ +1.9% vs 2023 2025: €126k▲ +3.4% vs 2024
Operating result€77k-€72k▼ 7.0%€117k▲ 63.0%€129k▲ 10.0%€134k▲ 3.6% 2021: €77k 2022: €72k▼ -7.0% vs 2021lowest in 5 years 2023: €117k▲ +63.0% vs 2022 2024: €129k▲ +10.0% vs 2023 2025: €134k▲ +3.6% vs 2024highest in 5 years
Net result€61k-€57k▼ 6.9%€92k▲ 60.9%€100k▲ 9.6%€104k▲ 3.9% 2021: €61k 2022: €57k▼ -6.9% vs 2021lowest in 5 years 2023: €92k▲ +60.9% vs 2022 2024: €100k▲ +9.6% vs 2023 2025: €104k▲ +3.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €77k€77kNet result 2021: €61k€61kOperating result 2022: €72k€72kNet result 2022: €57k€57kOperating result 2023: €117k€117kNet result 2023: €92k€92kOperating result 2024: €129k€129kNet result 2024: €100k€100kOperating result 2025: €134k€134kNet result 2025: €104k€104k20212022202320242025€0€50k€100k€150kOperating result 2023: €117k€117kNet result 2023: €92k€92kOperating result 2024: €129k€129kNet result 2024: €100k€100kOperating result 2025: €134k€134kNet result 2025: €104k€104k202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €230k
Equity €126k ▲ 3.4%
Debt €104k ▲ 1,247%
Debt's share of the balance-sheet total rises from 6.0% to 45.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.21▼
2024 · 16.75
Debt to equity
0.83▲
2024 · 0.06
ROE
82.8%▲
2024 · 82.4%
ROA
45.3%▼
2024 · 77.5%
Debt ≤ 1 year
€104k▲
2024 · €8k
Income taxes
€29k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€129k€230k▲
Current assets29/58€129k€230k▲
Amounts receivable within one year40/41€22k€110k▲
Trade receivables40€20k€43k▲
Other amounts receivable41€2k€67k▲
Current investments50/53€20k€26k▲
Cash at bank and in hand54/58€88k€94k▲
Deferred charges and accrued income490/1-€57
Equity and liabilities
Total equity and liabilities10/49€129k€230k▲
Equity10/15€122k€126k▲
Contributions10/11€19k€19k=
Reserves13€103k€107k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€101k€105k▲
Amounts payable17/49€8k€104k▲
Amounts payable within one year42/48€8k€104k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48€2k€100k▲
Income statement Code20242025
Other operating charges640/8€331€595▲
Gross operating margin9900€129k€134k▲
Operating profit (loss)9901€129k€134k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€466€366▼
Recurring financial charges65€466€366▼
Profit (loss) for the period before taxes9903€128k€133k▲
Income taxes67/77€28k€29k▲
Profit (loss) for the period9904€100k€104k▲
Profit (loss) for the period to be appropriated9905€100k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€100k€104k▲
Transfer from equity791/2€98k€100k▲
Transfer to equity691/2€100k€104k▲
To other reserves6921€100k€104k▲
Profit to be distributed694/7€98k€100k▲
Return on contributions (dividend)694€98k€100k▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Other operating charges640/8€449€1k€184€331€595▲ 79.6%
Gross operating margin9900€78k€73k€117k€129k€134k▲ 3.8%
Operating profit (loss)9901€77k€72k€117k€129k€134k▲ 3.6%
Financial income75/76B---€0--
Recurring financial income75---€0--
Financial charges65/66B€216€353€333€466€366▼ 21.5%
Recurring financial charges65€216€353€333€466€366▼ 21.5%
Profit (loss) for the period before taxes9903€77k€72k€117k€128k€133k▲ 3.7%
Income taxes67/77€16k€15k€25k€28k€29k▲ 3.2%
Profit (loss) for the period9904€61k€57k€92k€100k€104k▲ 3.9%
Profit (loss) for the period to be appropriated9905€61k€57k€92k€100k€104k▲ 3.9%
Line20212022202320242025Change
Assets
Total assets20/58€177k€85k€131k€129k€230k▲ 77.7%
Current assets29/58€177k€85k€131k€129k€230k▲ 77.7%
Amounts receivable after more than one year29€86k-----
Other amounts receivable291€86k-----
Amounts receivable within one year40/41€15k€15k€51k€22k€110k▲ 404%
Trade receivables40€14k€15k€13k€20k€43k▲ 114%
Other amounts receivable41€152€58€39k€2k€67k▲ 3,620%
Current investments50/53€2k€8k€14k€20k€26k▲ 30.3%
Cash at bank and in hand54/58€75k€63k€66k€88k€94k▲ 6.8%
Deferred charges and accrued income490/1----€57-
Equity and liabilities
Total equity and liabilities10/49€177k€85k€131k€129k€230k▲ 77.7%
Equity10/15€164k€78k€119k€122k€126k▲ 3.4%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€145k€59k€101k€103k€107k▲ 4.0%
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Distributable reserves133€143k€57k€99k€101k€105k▲ 4.1%
Amounts payable17/49€13k€8k€12k€8k€104k▲ 1,247%
Amounts payable within one year42/48€13k€8k€12k€8k€104k▲ 1,247%
Trade debts44€14-----
Suppliers440/4€14-----
Taxes, remuneration and social security45€13k€7k€12k€6k€4k▼ 26.9%
Taxes450/3€13k€7k€12k€6k€4k▼ 26.9%
Other amounts payable47/48-€266-€2k€100k▲ 4,482%
Line20212022202320242025Change
Profit (loss) for the period9904€61k€57k€92k€100k€104k▲ 3.9%
Operating cash flow (approximation)€61k€57k€92k€100k€104k▲ 3.9%
Change in cash-€-12k€3k€22k€6k▼ 72.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Sign in to download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €104k ▲3.9%
Operating result €134k, net result €104k, both a record.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Equity above €100kEq €119k ▲53.4%
6 profitable years in a row build equity to €119k.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial Liquidity triplescurrent ratio 13.43
Current ratio from 5.32 to 13.43; short-term debt falls from €21k to €13k.
31-12
Financial Equity above €150kEq €164k ▲81.3%
4 profitable years in a row build equity to €164k.
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €10k ▼82.6%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
01-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1 day 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Kontich · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,097 m²
Building footprint
246 m²
Volume, LiDAR
1,046 m³
Parcel 11024F0213/00L002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MorphIT
Tulpenlaan 51, 2550 KontichComputer programming, consultancy and related activities
since 20172.264.046.019
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024F0213/00L002 Flanders 1,097 m² 1 · 246 m² 5.8 m · 1 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

6994004QYJYXJO3CL635
live in the LEI register

Similar companies · same sector, comparable size

Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,923 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 (pre-2019)
Founded27-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming

Scores and ratios are computed by Checked and are not a credit decision.