MORVAN
ActiveSummary
The computed 12-month bankruptcy probability of MORVAN is 6.7% (elevated). For MORVAN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €371,248 and a net result of -€12,537. Equity remains stable across the filed financial years (±0.5% per year). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2021, micro format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €8,739 in 2021 against €4,155 in 2020; the loss grows and 2021 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,385 | - |
| Gross operating margin9900 | €2,999 | -€2,243 | -€4,025 | -€7,354 | ▼ 82.7% |
| Operating profit (loss)9901 | €2,894 | -€2,350 | -€4,155 | -€8,739 | ▼ 110% |
| Financial income75/76B | - | - | - | €2,474 | - |
| Recurring financial income75 | €3,084 | €3,300 | €4,339 | €2,474 | ▼ 43.0% |
| Financial charges65/66B | - | - | - | €6,272 | - |
| Recurring financial charges65 | €15 | €15 | €20 | €6,272 | ▲ 31,337% |
| Profit (loss) for the period before taxes9903 | €5,963 | €935 | €163 | -€12,537 | - |
| Profit (loss) for the period9904 | €5,963 | €935 | €163 | -€12,537 | - |
| Profit (loss) for the period to be appropriated9905 | €5,963 | €935 | €163 | -€12,537 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €412,687 | €413,622 | €988,816 | €942,509 | ▼ 4.7% |
| Current assets29/58 | €412,687 | €413,622 | €988,816 | €942,509 | ▼ 4.7% |
| Stocks and contracts in progress3 | - | - | €899,059 | €899,059 | = |
| Stocks30/36 | - | - | - | €899,059 | - |
| Amounts receivable within one year40/41 | €72,768 | €71,068 | €85,407 | €40,550 | ▼ 52.5% |
| Other amounts receivable41 | - | - | - | €40,550 | - |
| Cash at bank and in hand54/58 | €339,919 | €342,554 | €4,349 | €2,666 | ▼ 38.7% |
| Deferred charges and accrued income490/1 | - | - | - | €233 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €412,687 | €413,622 | €988,816 | €942,509 | ▼ 4.7% |
| Equity10/15 | €382,687 | €383,622 | €383,786 | €371,248 | ▼ 3.3% |
| Contributions10/11 | €49,579 | €49,579 | - | €49,579 | - |
| Reserves13 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Non-distributable reserves130/1 | - | - | - | €4,958 | - |
| Reserves not available under the articles1311 | - | - | - | €4,958 | - |
| Profit (loss) carried forward14 | €328,151 | €329,086 | €329,249 | €316,712 | ▼ 3.8% |
| Amounts payable17/49 | €30,000 | €30,000 | €605,030 | €571,260 | ▼ 5.6% |
| Amounts payable within one year42/48 | €30,000 | €30,000 | €605,030 | €571,260 | ▼ 5.6% |
| Financial debts43 | - | - | - | €250,000 | - |
| Credit institutions430/8 | - | - | - | €250,000 | - |
| Trade debts44 | - | - | €30 | €928 | ▲ 2,995% |
| Suppliers440/4 | - | - | - | €928 | - |
| Other amounts payable47/48 | - | - | - | €320,332 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,963 | €935 | €163 | -€12,537 | - |
| Operating cash flow (approximation) | €5,963 | €935 | €163 | -€12,537 | - |
| Change in cash | - | €2,635 | -€338,205 | -€1,683 | ▲ 99.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 14-07-2022 | 2022-20201545 |
| 31-12-2020 | micro format | 06-07-2021 | 2021-31400189 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46300113 |
| 31-12-2018 | micro format | 16-07-2019 | 2019-33600206 |
| 31-12-2017 | abbreviated format | 17-07-2018 | 2018-33900019 |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-50200579 |
| 31-12-2015 | abbreviated format | 18-07-2016 | 2016-33300277 |
| 31-12-2014 | abbreviated format | 14-07-2015 | 2015-30600265 |
| 31-12-2013 | abbreviated format | 18-07-2014 | 2014-31900417 |
| 31-12-2012 | abbreviated format | 28-08-2013 | 2013-49600014 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.