MORTELL
ActiveFrom the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The annual accounts of MORTELL for financial year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €27,082 and a net result of -€35,380. Equity has been growing by about 72% per year since 2020. Its solvency ranks better than 20% of 11,235 sector peers (NACE 68, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 10-09-2018 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110
- Establishment unit
- 2.279.639.263 9300 Aalst, since 10-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2025
Board and ownership
- CommV PassiemmoDirector · permanent representative Kristof Vanderbeken
- Passiemmoconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €12,888
- ▼ 92.3%
- Turnover
- ≈ €50,000
- estimated
- Loss
- €35,380
- Equity
- €27,082
- ▼ 56.6%
- Total assets
- €1.3m
- ▲ 123%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearEquity €27,082 (2.1% of total assets)lowers riskSize: total assets €1.3mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 20-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 22% of them on solvency, 14% on liquidity, 19% on profitability and 11% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 37 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as MORTELL: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €597,000 and €1.9m, founded between 2016 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| MORTELL Aalst | €1.3m | €0.01m |
| POWSON Machelen (Brab.) | €1.6m | €0.02m |
| J&S Immo Machelen (Brab.) | €1.9m | €0.01m |
| SOLVAS REAL ESTATE Lievegem | €1.3m | €0.04m |
| Immopact Mol | €0.9m | €0.005m |
| SABIE Riemst | €0.7m | €0.03m |
| VFRANCO Vorst | €0.6m | €0.02m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 20-07-2026
- Annual accounts 2024filed on 31-07-2025
- Annual accounts 2023filed on 27-06-2024
- Annual accounts 2022filed on 26-06-2023
Acts in the Belgian Official Gazette
- Registered office · Resignations & appointmentsact of 23-09-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MORTELL
- What is the company number of MORTELL?
- The company number of MORTELL is 0702.951.971. The VAT number is the same number with BE in front: BE 0702.951.971.
- Where is MORTELL based?
- The registered office is at Keizersplein 71, 9300 Aalst.Company details
- What does MORTELL do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MORTELL?
- The legal form of MORTELL is Private limited company (BV).
- When was MORTELL founded?
- MORTELL was founded on 10-09-2018.
- Is MORTELL still active?
- Yes, MORTELL is an active enterprise in the KBO register.
- How many employees does MORTELL have?
- MORTELL had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MORTELL?
- The turnover in financial year 2025 is ≈ €50,000. This figure is estimated from the gross margin of €12,888 and 30 comparable companies (NACE 68110). It probably lies between €27,000 and €130,000. It is a rough estimate.
- Is MORTELL profitable?
- In financial year 2025, MORTELL made a loss of €35,380.
- Where can I find the annual accounts of MORTELL?
- MORTELL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of MORTELL due?
- MORTELL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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