ACTIVE

MORLITECH

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Financial year 2025 · closed on 31/12/2025
Net result
236,1 k €
-24.8% YoY
Gross margin
471,4 k €
-18.5% YoY
Equity
2 M €
+13.1% YoY
Workforce
1,0 ETP
0.0% YoY

What does MORLITECH do?

MORLITECH is a Private limited company incorporated in 2004. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Vleteren. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0862.530.433
Incorporation
08/01/2004
Legal form
Private limited company
Registered office
Koekuitstraat(West) 6 box A
8640 Vleteren · FlandreSee on map
Contributed capital
24 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines· main33120Repair of machinery33120Repair of machinery25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures46620Wholesale of machine tools+2
Joint committees (2)
  • 14904
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin471,4 k €578,4 k €510,2 k €431,7 k €458,7 k €375,8 k €513,1 k €445 k €376,2 k €295,8 k €362,2 k €292,8 k €198,7 k €293,1 k €172,4 k €201 k €182,9 k €179,5 k €175,2 k €175,5 k €
EBITDA386,2 k €495,3 k €440,2 k €360,1 k €372,1 k €309,2 k €442,3 k €374,3 k €312,5 k €238,6 k €308,7 k €285,8 k €195,1 k €290,9 k €170,1 k €199,3 k €181,3 k €177,7 k €173,3 k €173,1 k €
Operating result312,1 k €429,5 k €381,5 k €298,4 k €331,2 k €268,2 k €394,3 k €322,2 k €282,6 k €210,7 k €273,4 k €244,3 k €142,3 k €239,1 k €130,2 k €175,3 k €155,2 k €137 k €136,6 k €132,4 k €
Net result236,1 k €314,1 k €273,4 k €220,4 k €228,9 k €174,1 k €256,6 k €225,2 k €181,4 k €124,7 k €153,1 k €164,3 k €95,3 k €160,6 k €86,5 k €125,6 k €115,5 k €103,8 k €97,6 k €90,9 k €
Balance sheet
Equity2 M €1,8 M €2 M €1,9 M €1,8 M €1,9 M €1,8 M €1,5 M €1,3 M €1,1 M €972,1 k €819 k €294,8 k €649,5 k €488,9 k €402,4 k €576,8 k €464,4 k €363,8 k €269,3 k €
Total assets2,2 M €2,4 M €2,2 M €2 M €2,1 M €2,4 M €2,2 M €2 M €1,7 M €1,5 M €1,3 M €1,2 M €1 M €1 M €792,6 k €732,5 k €660,6 k €511,5 k €449,8 k €368,2 k €
Cash135,5 k €73,6 k €110,8 k €110,4 k €490,7 k €754 k €633,2 k €362,6 k €328,3 k €660,4 k €336,1 k €191,4 k €162,3 k €74,5 k €38,5 k €61,4 k €24,5 k €24,9 k €55,9 k €101,7 k €
Debts127,2 k €647,1 k €157,9 k €88,5 k €277,8 k €451,8 k €456 k €455,9 k €453,1 k €398,7 k €332,9 k €356,2 k €737,3 k €350,7 k €286,6 k €330,1 k €83,8 k €47,1 k €85,5 k €98,9 k €
Other
Workforce1,0 ETP1,0 ETP0,9 ETP1,1 ETP1,6 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,5 ETP1,2 ETP1,0 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

LIEVEN MORLION

Director

Active
REGINE COUPILLIE

Director

Active

Ended mandates

LIEVEN MORLION

Manager

Ended
REGINE COUPILLE

Director

Ended
REGINE COUPILLE

Manager

Ended
REGINE COUPILLIE

Manager

Ended
Annual accounts

Full financial information

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 year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202602/07/202524/06/202420/07/202319/08/202201/07/2021
General meeting26/06/202627/06/202531/05/202430/06/202330/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202620/07/2026DutchPDF
Abridged model31/12/202427/06/202502/07/2025DutchPDF
Abridged model31/12/202331/05/202424/06/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202130/06/202219/08/2022DutchPDF
Abridged model31/12/202028/06/202101/07/2021DutchPDF
Abridged model31/12/201931/07/202025/08/2020DutchPDF
Abridged model31/12/201830/06/201930/07/2019DutchPDF
Abridged model31/12/201731/07/201813/08/2018DutchPDF
Abridged model31/12/201626/05/201712/06/2017DutchPDF
Abridged model31/12/201527/05/201630/08/2016DutchPDF
Abridged model31/12/201429/05/201521/08/2015DutchPDF
Abridged model31/12/201330/05/201405/06/2014DutchPDF
Abridged model31/12/201231/05/201305/08/2013DutchPDF
Abridged model31/12/201125/05/201203/07/2012DutchPDF
Abridged model31/12/201027/05/201107/07/2011DutchPDF
Abridged model31/12/200928/05/201003/06/2010DutchPDF
Abridged model31/12/200829/05/200902/06/2009DutchPDF
Abridged model31/12/200730/05/200802/06/2008DutchPDF
Abridged model31/12/200625/05/200730/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

LIEVEN MORLION

Director

Active
REGINE COUPILLIE

Director

Active

Ended mandates

LIEVEN MORLION

Manager

Ended
REGINE COUPILLE

Director

Ended
REGINE COUPILLE

Manager

Ended
REGINE COUPILLIE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares05/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Other13/07/2004
    DIVERSEN
    PDF
  • Other15/01/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 2025236,1 k €↓
  2. 2024
    Annual accounts 2024314,1 k €↑
  3. 2023
    Annual accounts 2023273,4 k €↑
  4. 2022
    Annual accounts 2022220,4 k €↓
  5. 2021
    Annual accounts 2021228,9 k €↑
  6. 2020
    Annual accounts 2020174,1 k €↓
  7. 2019
    Annual accounts 2019256,6 k €↑
  8. 2018
    Annual accounts 2018225,2 k €↑
  9. 2017
    Annual accounts 2017181,4 k €↑
  10. 2016
    Annual accounts 2016124,7 k €↓
  11. 2015
    Annual accounts 2015153,1 k €↓
  12. 2014
    Annual accounts 2014164,3 k €↑
  13. 2013
    Annual accounts 201395,3 k €↓
  14. 2012
    Annual accounts 2012160,6 k €↑
  15. 2011
    Annual accounts 201186,5 k €↓
  16. 2010
    Annual accounts 2010125,6 k €↑
  17. 2009
    Annual accounts 2009115,5 k €↑
  18. 2008
    Annual accounts 2008103,8 k €↑
  19. 2007
    Annual accounts 200797,6 k €↑
  20. 2006
    Annual accounts 200690,9 k €
  21. 08/01/2004
    IncorporationPrivate limited company