MORPHIMMO
0880.989.038 · rovalta.com · 21/09/2026
ACTIVE
MORPHIMMO
Financial year 2025 · closed on 31/12/2025
Net result
12,5 k €
+28.0% YoY
Gross margin
39,4 k €
+9.7% YoY
Equity
110,8 k €
+12.7% YoY
Overview
What does MORPHIMMO do?
MORPHIMMO is a Private limited company incorporated in 2006. Its registered office is in Liège.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0880.989.038
Incorporation
27/04/2006
Legal form
Private limited company
Registered office
Avenue Rogier 28
4000 Liège · WallonieSee on map
4000 Liège · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 39,4 k € | +9.7% | 35,9 k € | +33.9% | 26,8 k € | -17.8% | 32,6 k € | +3.7% | 31,4 k € | -11.8% | 35,6 k € | -11.9% | 40,5 k € | +34.0% | 30,2 k € | -30.8% | 43,6 k € | +2.3% | 42,6 k € | -26.0% | 57,6 k € | +26.6% | 45,5 k € | +19.7% | 38 k € | -14.8% | 44,7 k € | +57.0% | 28,4 k € | -41.5% | 48,6 k € | +15.3% | 42,1 k € | +11.7% | 37,7 k € | +6.6% | 35,4 k € | +326% | 8,3 k € |
| EBITDA | 29 k € | +14.1% | 25,4 k € | +50.5% | 16,9 k € | -29.5% | 23,9 k € | +5.4% | 22,7 k € | -16.6% | 27,2 k € | -14.7% | 31,9 k € | +48.2% | 21,5 k € | -39.1% | 35,3 k € | +2.2% | 34,6 k € | -27.0% | 47,4 k € | +26.3% | 37,5 k € | +24.1% | 30,2 k € | -14.2% | 35,2 k € | +41.9% | 24,8 k € | -41.3% | 42,3 k € | +18.7% | 35,6 k € | +13.2% | 31,5 k € | +7.7% | 29,2 k € | +268% | 7,9 k € |
| Operating result | 19,6 k € | +23.8% | 15,8 k € | +103% | 7,8 k € | -48.8% | 15,2 k € | +7.3% | 14,2 k € | -22.3% | 18,3 k € | -20.4% | 23 k € | +107% | 11,1 k € | -43.1% | 19,5 k € | +43.1% | 13,6 k € | -41.8% | 23,4 k € | +89.5% | 12,4 k € | +144% | 5,1 k € | -69.8% | 16,8 k € | +295% | 4,3 k € | -80.3% | 21,6 k € | +33.8% | 16,2 k € | +30.1% | 12,4 k € | +19.4% | 10,4 k € | +599% | -2,1 k € |
| Net result | 12,5 k € | +28.0% | 9,7 k € | +138% | 4,1 k € | -52.0% | 8,5 k € | +14.8% | 7,4 k € | -11.5% | 8,4 k € | -28.6% | 11,7 k € | +230% | 3,6 k € | -62.3% | 9,4 k € | +67.6% | 5,6 k € | -49.3% | 11,1 k € | +232% | 3,4 k € | +168% | -4,9 k € | -169% | 7,1 k € | +209% | -6,5 k € | -163% | 10,2 k € | +156% | 4 k € | +589% | 578,3 € | +113% | -4,4 k € | +54.0% | -9,5 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 110,8 k € | +12.7% | 98,3 k € | +11.0% | 88,6 k € | +4.8% | 84,5 k € | +11.2% | 75,9 k € | +10.8% | 68,5 k € | +14.0% | 60,1 k € | +24.3% | 48,4 k € | +8.0% | 44,8 k € | +26.7% | 35,4 k € | +19.0% | 29,7 k € | +59.9% | 18,6 k € | +22.0% | 15,2 k € | -24.5% | 20,2 k € | +54.3% | 13,1 k € | -33.2% | 19,5 k € | +110% | 9,3 k € | +74.6% | 5,3 k € | +12.1% | 4,8 k € | -47.8% | 9,1 k € |
| Total assets | 143,3 k € | -10.1% | 159,4 k € | -2.8% | 164 k € | -1.7% | 166,9 k € | -6.4% | 178,2 k € | -7.2% | 192,2 k € | -0.4% | 193 k € | -0.6% | 194,2 k € | -3.9% | 202 k € | -4.7% | 212,1 k € | -9.5% | 234,4 k € | -5.6% | 248,2 k € | -8.3% | 270,7 k € | +0.2% | 270,1 k € | -5.1% | 284,6 k € | -8.3% | 310,5 k € | -2.7% | 319,1 k € | -4.9% | 335,4 k € | -4.5% | 351,4 k € | -6.7% | 376,7 k € |
| Cash | 15,2 k € | -28.2% | 21,1 k € | +29.4% | 16,3 k € | +13.3% | 14,4 k € | -24.6% | 19,1 k € | -27.7% | 26,5 k € | +44.3% | 18,3 k € | +43.8% | 12,8 k € | -8.0% | 13,9 k € | +77.2% | 7,8 k € | -40.8% | 13,2 k € | +241% | 3,9 k € | +208% | 1,3 k € | -78.1% | 5,8 k € | +200% | 1,9 k € | -65.8% | 5,6 k € | +398% | 1,1 k € | – | 1,5 k € | -39.3% | 2,4 k € | ||
| Debts | 32,5 k € | -46.8% | 61,1 k € | -19.1% | 75,5 k € | -8.4% | 82,4 k € | -19.4% | 102,3 k € | -17.3% | 123,6 k € | -6.9% | 132,8 k € | -8.9% | 145,8 k € | -7.3% | 157,2 k € | -11.0% | 176,7 k € | -13.7% | 204,7 k € | -10.8% | 229,6 k € | -10.1% | 255,5 k € | +2.2% | 249,9 k € | -8.0% | 271,6 k € | -6.7% | 291 k € | -6.1% | 309,7 k € | -6.1% | 330 k € | -4.8% | 346,6 k € | -5.7% | 367,6 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
EMMANUEL BLAIRVACQ
ActiveEnded mandates
EMMANUEL BLAIRVACQ
EndedEMMANUEL BLAIRVACQ
EndedEMMANUEL BLAIRVACQ
EndedRAPHAEL BLAIRVACQ
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
AKOR INVEST● Active | 1016.654.129 |
| 0884.954.754 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/07/2026 | 15/07/2025 | 30/08/2024 | 30/08/2023 | 08/08/2022 | 09/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 30/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 30/06/2026 | 27/07/2026 | French | |
| Micro model | 31/12/2024 | 30/06/2025 | 15/07/2025 | French | |
| Micro model | 31/12/2023 | 30/06/2024 | 30/08/2024 | French | |
| Micro model | 31/12/2022 | 30/06/2023 | 30/08/2023 | French | |
| Micro model | 31/12/2021 | 30/06/2022 | 08/08/2022 | French | |
| Micro model | 31/12/2020 | 30/06/2021 | 09/07/2021 | French | |
| Micro model | 31/12/2019 | 30/06/2020 | 23/07/2020 | French | |
| Micro model | 31/12/2018 | 30/06/2019 | 11/09/2019 | French | |
| Micro model | 31/12/2017 | 30/06/2018 | 12/07/2018 | French | |
| Micro model | 31/12/2016 | 30/06/2017 | 21/09/2017 | French | |
| Abridged model | 31/12/2015 | 30/06/2016 | 25/08/2016 | French | |
| Abridged model | 31/12/2014 | 30/06/2015 | 28/08/2015 | French | |
| Abridged model | 31/12/2013 | 30/06/2014 | 30/07/2014 | French | |
| Abridged model | 31/12/2012 | 30/06/2013 | 20/08/2013 | French | |
| Abridged model | 31/12/2011 | 29/06/2012 | 26/07/2012 | French | |
| Abridged model | 31/12/2010 | 29/06/2011 | 25/07/2011 | French | |
| Abridged model | 31/12/2009 | 29/06/2010 | 19/08/2010 | French | |
| Abridged model | 31/12/2008 | 29/06/2009 | 20/07/2009 | French | |
| Abridged model | 31/12/2007 | 30/06/2008 | 22/07/2008 | French | |
| Abridged model | 31/12/2006 | 29/06/2007 | 19/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 4 ended
Active mandates
EMMANUEL BLAIRVACQ
ActiveEnded mandates
EMMANUEL BLAIRVACQ
EndedEMMANUEL BLAIRVACQ
EndedEMMANUEL BLAIRVACQ
EndedRAPHAEL BLAIRVACQ
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates29/05/2024CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Mandates30/01/2024MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
- Other09/05/2006RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202512,5 k €↑
- 2024Annual accounts 20249,7 k €↑
- 2023Annual accounts 20234,1 k €↓
- 2022Annual accounts 20228,5 k €↑
- 2021Annual accounts 20217,4 k €↓
- 2020Annual accounts 20208,4 k €↓
- 2019Annual accounts 201911,7 k €↑
- 2018Annual accounts 20183,6 k €↓
- 2017Annual accounts 20179,4 k €↑
- 2016Annual accounts 20165,6 k €↓
- 2015Annual accounts 201511,1 k €↑
- 2014Annual accounts 20143,4 k €↑
- 2013Annual accounts 2013-4,9 k €↓
- 2012Annual accounts 20127,1 k €↑
- 2011Annual accounts 2011-6,5 k €↓
- 2010Annual accounts 201010,2 k €↑
- 2009Annual accounts 20094 k €↑
- 2008Annual accounts 2008578,3 €↑
- 2007Annual accounts 2007-4,4 k €↑
- 2006Annual accounts 2006-9,5 k €
- 27/04/2006IncorporationPrivate limited company