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MORREN & JOROFRU

Active
Public limited companyfounded 1988active for 38 yearsBosstraat 83, 3545 Halen, BelgiumKBO/BCE: BE 0434.284.539
Summary

MORREN & JOROFRU has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €785,108 and a net result of €426,574. Equity is shrinking by about 3.1% per year across the filed financial years. Its solvency ranks better than 75% of 2,048 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Growing of pome and stone fruits
NACE 01240
1 site
Size
€1.1mtotal assets 2025
Staff
12.6 FTE
Equity
€785,108
Profit
€426,574
Turnover not published (abbreviated format)
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 16 days early2 of 7 deeds read
Why 99lowers riskLiquidity: current ratio 5.18, cash €492,661Founded in 1988Equity €785,108 (68.4% of total assets)Profit of €426,574 (financial year 2025)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 90% of its sector peers (NACE 01, small)
Financial strength · tick = 2023
Strong
Solvency 93+25
equity 68.4% of total assets
Liquidity 94+45
short-term debt 19.1% · cash 42.9%
Profitability 100+99
return on assets 37.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (900 companies, NACE 01, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 1.2%▲ +0.4 percentage points vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025highest value 01-2026: 1.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%▼ -1.1 percentage points vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.18, compared with 2.43 in 2023, above the usual 1.5; short-term debt: 19.1% and cash: 42.9% of total assets), and 31.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, small): better than 76% on solvency, 97% on liquidity and 98% on profitability.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 5.18, cash €492,661
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €785,108 (68.4% of total assets)
NBB · annual accounts
lowers risk · Profit of €426,574 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
192021222325
2019 to 2025 · latest year €785,108
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2023
on the day
2022
6 days early
2021
31 days early
2020
7 days early
2019
6 days early
2018
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 01) for financial year 2023 is 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointment: Reinout Sevenants (director)Gazette deed
  3. Back to profitnet €426,574

Key points

  • Positive: Among the best 13% on net resultsector median €51,729 · 2,046 companies €426,574 View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €117,181 View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Profit
€426,574
Solvency
68.4%
Total assets▲ 39.0%
Net result
20192025
Go to Financials

Timeline

Events
44
Since
1989
  1. 30-06-2025Liquidity more than doubled
  2. 30-06-2025Equity above €500,000
  3. 30-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Growing of pome and stone fruitsNACE 01240
Founded
17-05-1988
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Who signs
Two directors jointly, or a managing director alone
Annual meeting
Third Friday of December at 17:30
Go to Articles of association

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