MORNOK

Active

Private limited companyfounded 2020active for 6 yearsWolstraat 6, 8800 Roeselare, BelgiumKBO/BCE: BE 0757.595.536

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MORNOK has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €22,788. Equity is growing by about 43% per year across the filed financial years. Its solvency ranks better than 13% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

MORNOKActiveChecked score 68/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 29-10-2020 Normal situation
Legal form: Private limited company
Registered office: Wolstraat 6, 8800 Roeselare
Activity: Plumbing work NACE 43221and 7 others
Establishment unit: 2.309.564.159 8800 Roeselare, since 29-10-2020
Financial year end: 31 October
Peppol: Reachable since 31-10-2023

Company details

Who decides

Board

Veranneman MarnickDirector · since 29-10-2020

Board & ownership

How it is doing

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Annual accounts to 31-10-2025

Gross margin: €31,097; ▲ 0.4%
Turnover: ≈ €170,000; estimated
Profit: €22,788; ▼ 3.4%
Equity: €3,000; ▼ 96.4%
Total assets: €36,897; ▼ 57.1%

2025 accounts 23 days early

Filed on 08-05-2026PDF

Financials

Why 68raises riskFounded in 2020Equity €3,000 (8.1% of total assets)lowers riskLiquidity: current ratio 1.05, cash €23,117, halvedSize: total assets €36,897Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 38% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 33-67

equity 8.1% of total assets

Liquidity 50-50

short-term debt 91.9% · cash 62.7%

Profitability 100=

return on assets 61.8%

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 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.2 percentage points vs 05-2025 07-2025: 0.1%▼ -0.2 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.6 percentage points vs 05-2026highest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

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 43, micro): better than 13% on solvency, 43% on liquidity, 92% on profitability and 4% 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. 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

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.05, cash €23,117, halved

NBB · annual accounts

Founded in 2020

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Equity €3,000 (8.1% of total assets)

NBB · annual accounts

Size: total assets €36,897

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 34855 sector peers (2025).

NBB · sector comparison

Position among 34855 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 08-05-2026, 23 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

23 days early

2024

3 days early

2023

8 days early

2022

16 days early

2021

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 10 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-10-2026 is due by 31-05-2027. Nothing is late today. The company usually files around 24 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 year end01-11-2026 today31-05-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: Equity fell in 2025from €82,535 to €3,000 ▼ 96.4% View
Caution: Among the weakest 11% on equitysector median €57,776 · 34,867 companies €3,000 View
Positive: Always filed on timeaccounts within the deadline every year 5 years View
Positive: 5 profitable years in a rowprofit 2025: €22,788 5 years View

Documents

Key facts about MORNOK

What is the company number of MORNOK?: 0757.595.536. In Belgium the VAT number is the company number with BE in front: BE 0757.595.536.
Where is MORNOK based?: The registered office is at Wolstraat 6, 8800 Roeselare.Company details
What does MORNOK do?: According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of MORNOK?: Private limited company (BV).
When was MORNOK founded?: On 29-10-2020.
Is MORNOK still active?: Yes, MORNOK is an active enterprise in the KBO register.
What is the turnover of MORNOK?: ≈ €170,000 in financial year 2025. Estimated from the gross margin of €31,097: probably between €110,000 and €220,000, based on 120 comparable companies, NACE 432.Financials
Is MORNOK profitable?: In financial year 2025, MORNOK made a profit of €22,788.
Where can I find the annual accounts of MORNOK?: MORNOK filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MORNOK due?: By 31-05-2027, for financial year 2026.Timeline