NORMAL SITUATION

MORPHO

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Company — Normal situation.

Financial year 2025 · Closed on 12/11/2025

Net result-2,7 k €-165,3 %over 1 year
Gross margin-9,8 k €+2,7 %over 1 year
Equity0 €-100,0 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MORPHO is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.941.050
Legal form
Public limited company
Contributed capital
0,00 €
Latest accounts
12/11/2025
Average workforce
0,0 ETP

Financials

Source · NBB, 33 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-9,8 k €-10,1 k €-8,2 k €-4,4 k €4,2 k €
EBITDA-10,3 k €-10,7 k €-9,4 k €-5,5 k €3,1 k €
Operating result-10,3 k €-10,8 k €-9,5 k €-5,5 k €3,1 k €
Net result-2,7 k €4,2 k €393,6 k €-241,8 k €1,7 k €
Balance sheet
Equity0 €786,7 k €782,6 k €433,9 k €1,2 M €
Total assets566,2 k €827,8 k €867,1 k €787,2 k €1,2 M €
Cash558,7 k €52,4 k €194,7 k €303,1 k €4,5 k €
Debts566,2 k €41 k €84,5 k €353,2 k €43,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP–

Board of directors

Source · NBB, accounts to 12/11/2025

5 active · 47 ended

Active mandates

AB ADVICES

Director · since 25 juin 2021 · until 12 novembre 2025 · 0835.139.514

Represented by Alain Bosseloir

Active
GHA Consult

Director · since 25 juin 2021 · until 12 novembre 2025 · 0840.531.031

Represented by Guy Havelange

Active
JCHyTECH

Director · since 25 juin 2021 · until 12 novembre 2025 · 0680.640.981

Represented by Jean-Claude Havaux

Active
PH&A

Director · since 25 juin 2021 · until 12 novembre 2025 · 0849.055.549

Represented by Philippe Henrard

Active
SIBELEX

Director · since 25 juin 2021 · until 12 novembre 2025 · 0849.358.922

Represented by Benoît Ligot

Active

Ended mandates

AB ADVICES

Director · since 25 juin 2021 · until 26 juin 2027 · 0835.139.514

Represented by Alain Bosseloir

Ended
AB ADVICES

Director · since 25 juin 2021 · until 26 juin 2027 · 0835.139.514

Represented by Alain BOSSELOIR

Ended
GHA Consult

Director · since 25 juin 2021 · until 26 juin 2027 · 0840.531.031

Represented by Guy Havelange

Ended
GHA Consult

Director · since 25 juin 2021 · until 26 juin 2027 · 0840.531.031

Represented by Guy HAVELANGE

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year12/11/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year11 months12 months12 months12 months12 months12 months
Filing date10/07/202605/08/202530/08/202416/08/202304/08/202228/06/2021
General meeting12/11/202527/06/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 33 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model12/11/202512/11/202510/07/2026FrenchPDF
Abridged model31/12/202427/06/202505/08/2025FrenchPDF
Abridged model31/12/202328/06/202430/08/2024FrenchPDF
Abridged model31/12/202230/06/202316/08/2023FrenchPDF
Abridged model31/12/202124/06/202204/08/2022FrenchPDF
Abridged model31/12/202025/06/202128/06/2021FrenchPDF
Abridged model31/12/201926/06/202024/07/2020FrenchPDF
Abridged model31/12/201828/06/201916/07/2019FrenchPDF
Abridged model31/12/201729/06/201831/07/2018FrenchPDF
Abridged model31/12/201630/06/201707/07/2017FrenchPDF
Abridged model31/12/201524/06/201628/07/2016FrenchPDF
Abridged model31/12/201426/06/201503/07/2015FrenchPDF
Abridged model31/12/201324/06/201407/08/2014FrenchPDF
Abridged model31/12/201224/06/201324/06/2013FrenchPDF
Abridged model31/12/201129/06/201209/07/2012FrenchPDF
Abridged model31/12/201024/06/201122/07/2011FrenchPDF
Abridged model31/12/200925/06/201028/06/2010FrenchPDF
Abridged model31/12/200826/06/200907/07/2009FrenchPDF
Abridged model31/12/200727/06/200808/07/2008FrenchPDF
Abridged model31/12/200629/06/200702/07/2007FrenchPDF
Abridged model31/12/200530/06/200627/07/2006FrenchPDF
Abridged model31/12/200424/06/200527/06/2005FrenchPDF
Abridged model31/12/200325/06/200406/07/2004FrenchPDF
Abridged model31/12/200227/06/200307/07/2003FrenchPDF
Abridged model31/12/200128/06/200211/07/2002FrenchPDF
Abridged model31/12/200029/06/200120/07/2001FrenchPDF
Abridged model31/12/199926/06/200029/06/2000FrenchPDF
Abridged model31/12/199825/06/199913/07/1999FrenchPDF
Abridged model31/12/199726/06/199830/06/1998French—
Abridged model31/12/199628/06/199724/07/1997French—
Abridged model31/12/199530/06/199630/07/1996French—
Abridged model31/12/199402/06/199508/06/1995French—
Abridged model31/12/199324/06/199430/06/1994French—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 12/11/2025

5 active · 47 ended

Active mandates

AB ADVICES

Director · since 25 juin 2021 · until 12 novembre 2025 · 0835.139.514

Represented by Alain Bosseloir

Active
GHA Consult

Director · since 25 juin 2021 · until 12 novembre 2025 · 0840.531.031

Represented by Guy Havelange

Active
JCHyTECH

Director · since 25 juin 2021 · until 12 novembre 2025 · 0680.640.981

Represented by Jean-Claude Havaux

Active
PH&A

Director · since 25 juin 2021 · until 12 novembre 2025 · 0849.055.549

Represented by Philippe Henrard

Active
SIBELEX

Director · since 25 juin 2021 · until 12 novembre 2025 · 0849.358.922

Represented by Benoît Ligot

Active

Ended mandates

AB ADVICES

Director · since 25 juin 2021 · until 26 juin 2027 · 0835.139.514

Represented by Alain Bosseloir

Ended
AB ADVICES

Director · since 25 juin 2021 · until 26 juin 2027 · 0835.139.514

Represented by Alain BOSSELOIR

Ended
GHA Consult

Director · since 25 juin 2021 · until 26 juin 2027 · 0840.531.031

Represented by Guy Havelange

Ended
GHA Consult

Director · since 25 juin 2021 · until 26 juin 2027 · 0840.531.031

Represented by Guy HAVELANGE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution19/01/2026
    Mise en Liquidation - clôture de liquidation
    PDF
  • Registered office19/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL
    PDF
  • Mandates14/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/12/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/02/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/07/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office21/12/2010
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-2,7 k €↓
  2. 2025
    Name changeMORPHO en liquidation
  3. 2024
    Annual accounts 20244,2 k €↓
  4. 2023
    Annual accounts 2023393,6 k €↑
  5. 2022
    Annual accounts 2022-241,8 k €↓
  6. 2021
    Annual accounts 20211,7 k €↓
  7. 2021
    Name changeMORPHO
  8. 2020
    Annual accounts 20209,7 k €↑
  9. 2019
    Annual accounts 20196,4 k €↓
  10. 2018
    Annual accounts 201821,1 k €↓
  11. 2017
    Annual accounts 201724,8 k €↓
  12. 2016
    Annual accounts 201625,1 k €↓
  13. 2015
    Annual accounts 201525,1 k €↑
  14. 2014
    Annual accounts 201414,6 k €↓
  15. 2013
    Annual accounts 201343,3 k €↓
  16. 2012
    Annual accounts 2012104,2 k €↑
  17. 2011
    Annual accounts 201148,6 k €↓
  18. 2010
    Annual accounts 2010201,4 k €↑
  19. 2009
    Annual accounts 200953,3 k €↑
  20. 2008
    Annual accounts 200810,9 k €↓
  21. 2007
    Annual accounts 2007536,5 k €↑
  22. 2006
    Annual accounts 20062,1 k €