Financials
- Fiscal year
- 2025
- Total assets
- €30,649
- Profit
- €458
- Solvency
- 67.4%
Total assets▲ 1.9%
Net result
20222025
MORRISON & PAGE
ActiveSummary
MORRISON & PAGE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,651 and a net result of €458. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 73% of 773 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Other manufacturing
NACE 32300
1 site
Size
€30,649total assets 2025
- Equity
- €20,651
- Profit
- €458
Turnover not published (abridged schema)
Structure
Accounts 37 d early0 of 2 deeds read
Why 81- Founded in 2021- Size: total assets €30,649+ Sector Other manufacturing (NACE 32)+ Figures for FY 2025 (filed 27-03-2026)Show the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Better than 48% of its sector peers (NACE 32, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
92=
equity 67.4% of total assets
Liquidity
45-18
short-term debt 32.6% · cash 7.4%
Profitability
56-44
return on assets 1.5%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%▼ -0.5% vs 11-2024lowest value
01-2025: 0.2%▲ +20.5% vs 12-2024
02-2025: 0.3%▲ +13.0% vs 01-2025
03-2025: 0.3%▲ +3.2% vs 02-2025
04-2025: 0.3%▲ +3.1% vs 03-2025
05-2025: 0.3%● 0.0% vs 04-2025
06-2025: 0.3%● 0.0% vs 05-2025
07-2025: 0.3%▲ +3.0% vs 06-2025
08-2025: 0.3%● 0.0% vs 07-2025
09-2025: 0.3%● 0.0% vs 08-2025
10-2025: 0.3%● 0.0% vs 09-2025
11-2025: 0.3%▼ -2.0% vs 10-2025
12-2025: 0.3%▲ +7.0% vs 11-2025
01-2026: 0.4%▲ +16.2% vs 12-2025
02-2026: 0.4%▲ +13.7% vs 01-2026
03-2026: 0.4%▲ +1.4% vs 02-2026
04-2026: 0.6%▲ +39.5% vs 03-2026
05-2026: 0.6%▲ +1.3% vs 04-2026highest value
06-2026: 0.6%▼ -6.3% vs 05-2026
07-2026: 0.6%● 0.0% vs 06-2026
08-2026: 0.6%● 0.0% vs 07-2026
09-2026: 0.6%▲ +2.6% vs 08-2026
10-2026: 0.5%▼ -9.7% vs 09-2026
- Sector Other manufacturing (NACE 32) lowers the probability
- Founded in 2021 raises the probability for this profile
- Figures for FY 2025 (filed 27-03-2026) lowers the probability
- Size: total assets €30,649 raises the probability for this profile
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.79 in 2024; short-term debt: 32.6% and cash: 7.4% of total assets), and 32.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 32, micro). Better than this share of them on solvency 72%, liquidity 38%, profitability 36%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 d early
2024
42 d early
2023
29 d early
2022
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 March (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet €458 ▼95.1%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2023
- Next accounts
- by 30-04-2027
- 24-03-2026Annual accounts filed
- 30-09-2025Weakest financial year
- 19-03-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other manufacturingNACE 32300
- Founded
- 26-02-2021
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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