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Ondernemingen Morel

Active
Private limited companyfounded 1968active for 58 yearsProvinciesteenweg 542, 2530 Boechout, BelgiumKBO/BCE: BE 0403.650.949
Summary

Ondernemingen Morel has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €32,972. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 42% of 2,767 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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Ondernemingen MorelActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001
Largest company by total assets in Boechout, Construction sector2 sites
Size
€4.1mtotal assets 2025
Staff
28.8 FTE
Equity
€1.3m
Profit
€32,972
Turnover not published (abbreviated format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts filed 28 days late1 of 2 deeds summarised
Why 69raises riskLiquidity: current ratio 1.60, cash €105,194Sector: Construction of residential and non-residential buildings (NACE 41)2 establishment unitslowers riskFounded in 1968Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 41, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 57+3
equity 31.8% of total assets
Liquidity 24+3
short-term debt 57.1% · cash 2.5%
Profitability 60+8
return on assets 0.8%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024lowest value 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.7 percentage points vs 07-2025 09-2025: 0.9%▼ -0.8 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -1.2 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.6, compared with 1.52 in 2024, above the usual 1.5; short-term debt: 57.1% and cash: 2.5% of total assets), but 68.2% 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 41, small): better than 50% on solvency, 24% on liquidity, 49% on profitability and 48% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.60, cash €105,194
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
29 days late
2023
1 day late
2022
18 days late
2021
23 days late
2020
31 days late
2019
84 days late
← 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 31 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Resignation: Eric Morel (director)Appointment: Kenda invest BV (director)…

Key points

  • Positive: Largest company by total assets in Boechout, Construction sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2025: €32,972 8 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Total assets
€4.1m
Profit
€32,972
Solvency
31.8%
Total assets▼ 5.1%
Net result
20182025
Go to Financials

Timeline

Events
50
Since
1978
Next accounts
by 31-07-2027
  1. 01-08-2024Annual accounts filed
  2. 18-08-2023Annual accounts filed
  3. 23-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Ondernemingen Morel

What is the company number of Ondernemingen Morel?
0403.650.949. In Belgium the VAT number is the company number with BE in front: BE 0403.650.949.
Where is Ondernemingen Morel based?
The registered office is at Provinciesteenweg 542, 2530 Boechout.Company details
What does Ondernemingen Morel do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Ondernemingen Morel?
Private limited company (BV).
When was Ondernemingen Morel founded?
On 01-01-1968.
Is Ondernemingen Morel still active?
Yes, Ondernemingen Morel is an active enterprise in the KBO register.
How many employees does Ondernemingen Morel have?
On average 28.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Ondernemingen Morel?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Ondernemingen Morel profitable?
In financial year 2025, Ondernemingen Morel made a profit of €32,972.
Where can I find the annual accounts of Ondernemingen Morel?
Ondernemingen Morel filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ondernemingen Morel due?
By 31-07-2027, for financial year 2026.Timeline

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