Morphose
The computed 12-month bankruptcy probability of Morphose is 7.4% (elevated). The 2024 annual accounts show negative equity (€-56k) and a net result of €-2k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-56k |
| Net result | €-2k |
| Active | 3 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | — |
| Net profit | €-2k |
| Cash flow | — |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €28k |
| Equity | €-56k |
| Debt | €84k |
| of which ≤ 1y | €20k |
| of which > 1y | €64k |
| Working capital | €8k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 1.43 |
| Quick ratio | 0.70 |
| Working capital ratio | 30.1% |
| Solvency | -199.5% |
| Debt / equity | -1.50 |
| Long-term debt ratio | -1.15 |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -7.7% |
| ROE | 3.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €28k |
| Current assets | 29/58 | €28k |
| Stocks & contracts in progress | 3 | €14k |
| Amounts receivable within one year | 40/41 | €11k |
| Investments | 50/53 | €2k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €28k |
| Equity | 10/15 | €-56k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-59k |
| Amounts payable | 17/49 | €84k |
| Amounts payable after one year | 17 | €64k |
| Amounts payable within one year | 42/48 | €20k |
| Trade debts payable within one year | 44 | €20k |
| Income statement | ||
| Gross operating margin | 9900 | €279 |
| Operating result | 9901 | €-621 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | Retail trade(47120) |
| Legal form | Private limited company(610) |
| Incorporation | 09-12-2022 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0441/00B000 | Brussels | 4.4 ha | 1 · 3.9 ha | 34.0 m · 6 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-07-2024 Publication in the Belgian Official Gazette — Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Bruno MICHAUX",
"firm_city": null,
"firm_name": null,
"office_city": "Etterbeek",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-06-27",
"act_kind_objet": "Erratum"
},
"decision": {
"body": "notarieel_alleen",
"act_date": "2024-04-23",
"unanimous": null
},
"conversion": null,
"detected_kind": "material_correction",
"report_waiver": null,
"restructuring": null,
"subject_company": {
"kbo": "0794.586.683",
"name_full": "Morphose",
"legal_form": "Besloten vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bruno Michaux",
"org_rep_person_name": null
},
"summary_narrative": "De akte is een erratum die de oprichtingsdatum van de besloten vennootschap \u0022Morphose\u0022 corrigeert. De datum is 8 december 2022 en niet 23 november 2021, zoals eerder vermeld.",
"co_filed_documents": [],
"detected_real_type": "material_correction",
"referenced_correction": {
"prior_pub_date": "2021-11-23",
"what_corrected": "correcte oprichtingsdatum",
"prior_pub_number": null
},
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Morphose |