MORVAN LE BERRE
ActiveSummary
MORVAN LE BERRE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-16k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-51
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 10.95 against 5.84 in 2024; short-term debt: 8.6% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.4%
Return on assets
-42.5%
Age of the figures
12 mo
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 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
2 d early
2023
1 d early
2022
16 d early
2021
31 d early
2020
24 d early
2019
35 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▼ 31.7%
2024 · €51k
2018: €16k
2019: €17k
2020: €20k
2021: €16k
2022: €26k
2023: €48k
2024: €51k
2018 → 2025
Total assets
€38k▼ 37.6%
2024 · €61k
2018: €41k
2019: €44k
2020: €51k
2021: €44k
2022: €55k
2023: €62k
2024: €61k
2018 → 2025
Net result
€-16k
2024 · €3k
2018: €-5k
2019: €7k
2020: €15k
2021: €5k
2022: €10k
2023: €22k
2024: €3k
2018 → 2025
Working capital
€33k▼ 33.2%
2024 · €49k
2018: €10k
2019: €12k
2020: €16k
2021: €13k
2022: €24k
2023: €45k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€26k▲ 62.9%€48k▲ 83.4%€51k▲ 6.7%€35k▼ 31.7%
Operating result€8k-€18k▲ 123%€30k▲ 69.5%€2k▼ 93.4%€-10k
Net result€5k-€10k▲ 102%€22k▲ 116%€3k▼ 85.3%€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38k
Fixed assets
€2k =
Current assets
€36k ▼ 39.0%
Equity and liabilities €38k
Equity
€35k ▼ 31.7%
Debt
€3k ▼ 67.5%
Debt's share of the balance-sheet total falls from 16.5% to 8.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
10.95▲
2024 · 5.84
Debt to equity
0.09▼
2024 · 0.20
ROE
-46.5%▼
2024 · 6.3%
ROA
-42.5%▼
2024 · 5.2%
Debt ≤ 1 year
€3k▼
2024 · €10k
Income taxes
€5k▲
2024 · €-555
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€38k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€59k€36k▼
Amounts receivable within one year40/41€59k€36k▼
Trade receivables40€7k€12k▲
Other amounts receivable41€52k€23k▼
Current investments50/53€2-
Cash at bank and in hand54/58€50-
Equity and liabilities
Total equity and liabilities10/49€61k€38k▼
Equity10/15€51k€35k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€30k€14k▼
Amounts payable17/49€10k€3k▼
Amounts payable within one year42/48€10k€3k▼
Financial debts43€10k€2k▼
Credit institutions430/8€10k€2k▼
Trade debts44€103€1k▲
Suppliers440/4€103€1k▲
Income statement
Code20242025
Gross operating margin9900€2k€-10k▼
Operating profit (loss)9901€2k€-10k▼
Financial income75/76B€3k€783▼
Recurring financial income75€3k€783▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€3k€-11k▼
Income taxes67/77€-555€5k▲
Profit (loss) for the period9904€3k€-16k▼
Profit (loss) for the period to be appropriated9905€3k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€14k▼
Profit (loss) brought forward from the previous period14P€27k€30k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
25-03
State Gazette act
Registered officeRegistered-office move · Power of attorney4 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney4 facts ▸
- General meeting, 15/07/2020
- Registered-office move, Avenue Louise 200, bte 21 à 1050 Bruxelles
- Power of attorney, JHAL
- Power of attorney, Jessica Herfurth
2025
30-09
Financial
Weakest financial yearnet €-16k ▼605%
Net result drops to €-16k, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €22k ▲116%
Operating result €30k, net result €22k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 4.15
Current ratio from 1.81 to 4.15; short-term debt falls from €29k to €14k.
14-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
Show earlier events
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 2001050 BrusselGround area
1,451 m²
Building footprint
1,103 m²
Volume, LiDAR
23,695 m³
Parcel 21807G0121/00B008, Brussels · tallest building 30.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 200, 1050 Elsene
since 20132.278.139.030
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0121/00B008 | Brussels | 1,451 m² | 1 · 1,103 m² | 30.6 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WS
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DEGENDT
BE 0475.335.137
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Nicolas Delvoie avocat
BE 0543.980.552
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EVELIA LEX
BE 0550.816.280
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Jasmine Vangansberg Avocat
BE 1017.023.521
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 6,854 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2003
Fiscal year end30-09
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.