BART NEERMAN
Annual accounts 2025
micro format, filed on 20-05-2026, 20 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €87,000 and €400,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €355,577 on 30-09-2025in euro
in euro
Position in the sector
10.4%
Higher than 33% of 17,199 companies in 2025.
0.42
Higher than 27% of 16,496 companies in 2025.
2.2%
Higher than 54% of 16,875 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
355,577 | 384,823 | 366,874 | 334,884 | 368,437 | 581,935 | 529,828 | 411,421 | 596,266 | 355,237 | 402,590 | 97,657 | 114,243 | 92,936 | |
20 |
- | - | - | - | - | - | - | - | - | - | 100 | 340 | 580 | 820 | |
21/28 |
255,763 | 269,978 | 263,522 | 284,629 | 313,848 | 246,227 | 260,541 | 282,365 | 306,977 | 337,438 | 365,928 | 51,787 | 65,748 | 62,889 | |
21 |
0 | 49 | 640 | 1,232 | - | 208 | 708 | 1,208 | 1,708 | 2,208 | 2,708 | 3,208 | 3,708 | 4,208 | |
22/27 |
255,577 | 269,768 | 262,699 | 283,214 | 313,680 | 245,855 | 259,685 | 281,008 | 305,120 | 335,205 | 363,095 | 48,213 | 61,435 | 57,835 | |
22 |
139,605 | 158,731 | 177,856 | 196,981 | 216,106 | 235,900 | 257,959 | 277,163 | 298,937 | 320,711 | 341,353 | 11,250 | 14,007 | 16,765 | |
23 |
6,210 | 3,169 | 4,258 | 1,457 | 1,418 | 762 | 579 | 1,552 | 1,811 | 3,148 | 5,515 | 5,860 | 4,493 | 5,420 | |
24 |
19,763 | 6,709 | 3,822 | 3,360 | 7,025 | 9,193 | 1,147 | 2,293 | 4,372 | 11,346 | 16,226 | 31,103 | 42,935 | 35,651 | |
25 |
22,154 | 29,479 | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
67,844 | 71,680 | 76,763 | 81,416 | 89,131 | - | - | - | - | - | - | - | - | - | |
28 |
186 | 162 | 183 | 183 | 168 | 163 | 148 | 148 | 148 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
99,814 | 114,844 | 103,351 | 50,255 | 54,589 | 335,708 | 269,287 | 129,056 | 289,290 | 17,799 | 36,662 | 45,871 | 48,494 | 30,047 | |
3 |
500 | 658 | 676 | 676 | 193 | 301,112 | 246,141 | - | 267,435 | - | - | - | - | - | |
30/36 |
500 | 658 | 676 | 676 | 193 | 301,112 | 246,141 | - | 267,435 | - | - | - | - | - | |
40/41 |
20,829 | 28,098 | 53,343 | 24,003 | 50,254 | 21,180 | 19,512 | 122,448 | 15,960 | 14,286 | 26,143 | 34,413 | 27,373 | 15,978 | |
40 |
13,235 | 18,584 | 50,362 | 21,508 | 43,612 | 20,133 | 17,879 | 114,264 | 15,641 | 11,421 | 19,625 | 21,667 | 15,366 | 11,100 | |
41 |
7,594 | 9,514 | 2,981 | 2,495 | 6,642 | 1,047 | 1,633 | 8,184 | 319 | 2,864 | 6,518 | 12,745 | 12,007 | 4,879 | |
54/58 |
70,180 | 77,616 | 44,853 | 22,121 | 3,262 | 1,982 | 626 | 5,454 | 4,403 | 2,041 | 8,600 | 10,762 | 20,047 | 14,069 | |
490/1 |
8,306 | 8,471 | 4,480 | 3,455 | 879 | 11,434 | 3,008 | 1,154 | 1,493 | 1,472 | 1,919 | 696 | 1,074 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
355,577 | 384,823 | 366,874 | 334,884 | 368,437 | 581,935 | 529,828 | 411,421 | 596,266 | 355,237 | 402,590 | 97,657 | 114,243 | 92,936 | |
10/15 |
37,089 | 22,987 | 16,016 | -3,533 | -969 | -28,417 | -14,815 | 16,778 | 35,299 | 51,954 | 28,641 | 25,907 | 8,563 | -7,784 | |
10/11 |
12,400 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 25,173 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
25,173 | 25,173 | 25,173 | 25,173 | 23,313 | 23,313 | 23,313 | 23,313 | 23,313 | 23,313 | - | - | - | - | |
14 |
-484 | -8,386 | -15,357 | -34,907 | -32,342 | -59,790 | -46,188 | -14,595 | 3,925 | 20,581 | 20,581 | 17,847 | 503 | -13,984 | |
17/49 |
318,488 | 361,835 | 350,858 | 338,418 | 369,406 | 610,352 | 544,643 | 394,643 | 560,968 | 303,283 | 373,948 | 71,751 | 105,679 | 100,720 | |
17 |
81,907 | 102,387 | 98,993 | 113,957 | 128,524 | 142,696 | 156,485 | 344,888 | 357,940 | 195,640 | 212,239 | 27,933 | 54,069 | 56,573 | |
170/4 |
81,907 | 102,387 | 98,993 | 113,957 | 128,524 | 142,696 | 156,485 | 344,888 | 357,940 | 195,640 | 212,239 | 27,933 | 54,069 | 56,573 | |
42/48 |
235,582 | 258,676 | 244,475 | 220,965 | 239,816 | 452,596 | 384,142 | 42,482 | 202,049 | 99,357 | 161,709 | 41,715 | 51,610 | 42,474 | |
42 |
24,042 | 20,911 | 14,964 | 14,567 | 14,172 | 13,789 | 13,403 | 13,053 | 13,960 | 16,600 | 36,430 | 27,974 | 30,401 | 18,024 | |
43 |
511 | - | - | - | - | - | 4,311 | - | 5,055 | 4,795 | - | - | - | - | |
430/8 |
511 | - | - | - | - | - | 4,311 | - | 5,055 | 4,795 | - | - | - | - | |
44 |
19,863 | 30,762 | 35,163 | 10,544 | 25,088 | 26,678 | 10,814 | 15,399 | 3,430 | 7,135 | 18,275 | 12,132 | 19,656 | 7,224 | |
440/4 |
19,863 | 30,762 | 35,163 | 10,544 | 25,088 | 26,678 | 10,814 | 15,399 | 3,430 | 7,135 | 18,275 | 12,132 | 19,656 | 7,224 | |
46 |
8,120 | 12,104 | - | - | - | - | - | - | 16,061 | 818 | - | - | - | - | |
45 |
1,687 | 940 | 1,684 | 2,621 | 1,884 | 2,751 | 2,997 | 2,406 | 639 | - | 1,835 | 1,609 | - | 397 | |
450/3 |
1,687 | 940 | 1,684 | 2,621 | 488 | 2,751 | 2,997 | 2,406 | 639 | - | 1,835 | 1,609 | - | 397 | |
454/9 |
- | - | - | - | 1,396 | - | - | - | - | - | - | - | - | - | |
47/48 |
181,358 | 193,960 | 192,663 | 193,234 | 198,672 | 409,379 | 352,618 | 11,624 | 162,905 | 70,009 | 105,169 | - | 1,554 | 16,829 | |
492/3 |
1,000 | 772 | 7,390 | 3,496 | 1,066 | 15,060 | 4,016 | 7,273 | 979 | 8,286 | - | 2,103 | - | 1,673 | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 285,558 | |
76A |
6,599 | - | - | - | - | - | - | - | - | 3,906 | - | - | - | - | |
9900 |
64,248 | 64,057 | 64,470 | 42,186 | 63,455 | 22,190 | 5,367 | 26,413 | 28,688 | 72,475 | 35,516 | 51,991 | 48,690 | 19,380 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 266,178 | |
630 |
44,760 | 39,984 | 33,706 | 33,270 | 27,351 | 24,958 | 24,678 | 26,285 | 31,597 | 30,628 | 20,706 | 23,003 | 24,158 | 29,695 | |
640/8 |
4,156 | 4,521 | 5,161 | 3,176 | 2,295 | 3,792 | 1,772 | 4,816 | 2,092 | 1,797 | 4,616 | 1,673 | 1,516 | 1,727 | |
66A |
0 | 4,148 | - | - | - | - | - | - | - | 166 | - | - | - | - | |
9901 |
15,332 | 15,403 | 25,602 | 5,740 | 33,809 | -6,560 | -21,083 | -4,688 | -5,001 | 40,050 | 10,195 | 27,315 | 23,016 | -12,042 | |
75/76B |
1 | 10 | 11 | 637 | 46 | 966 | 85 | 126 | 110 | 54 | 19 | 433 | 90 | 290 | |
75 |
1 | 10 | 11 | 637 | 46 | 966 | 85 | 126 | 110 | 54 | 19 | 433 | 90 | 290 | |
65/66B |
5,737 | 7,318 | 5,509 | 7,812 | 5,919 | 6,842 | 9,318 | 12,708 | 11,126 | 7,980 | 2,643 | 2,794 | 3,030 | 2,233 | |
65 |
5,737 | 7,318 | 5,509 | 5,228 | 5,919 | 6,522 | 8,993 | 11,251 | 10,053 | 7,980 | 2,643 | 2,794 | 3,030 | 2,233 | |
66B |
- | - | - | 2,584 | - | 320 | 325 | 1,457 | 1,073 | - | - | - | - | - | |
9903 |
9,596 | 8,096 | 20,104 | -1,435 | 27,935 | -12,435 | -30,316 | -17,270 | -16,017 | 35,865 | 7,570 | 24,954 | 20,076 | -13,984 | |
67/77 |
1,695 | 1,124 | 555 | 1,130 | 488 | 1,166 | 1,277 | 1,251 | 639 | 12,552 | 4,835 | 7,610 | 3,728 | - | |
9904 |
7,902 | 6,971 | 19,549 | -2,564 | 27,448 | -13,602 | -31,593 | -18,521 | -16,656 | 23,313 | 2,735 | 17,343 | 16,347 | -13,984 | |
9905 |
7,902 | 6,971 | 19,549 | -2,564 | 27,448 | -13,602 | -31,593 | -18,521 | -16,656 | 23,313 | 2,735 | 17,343 | 16,347 | -13,984 | |
| Appropriation of the result | |||||||||||||||
9906 |
-484 | -8,386 | -15,357 | -34,907 | -32,342 | -59,790 | -46,188 | -14,595 | 3,925 | 43,894 | 20,581 | 17,847 | 2,363 | -13,984 | |
14P |
-8,386 | -15,357 | -34,907 | -32,342 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 23,313 | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | |
6921 |
- | - | - | - | - | - | - | - | - | 23,313 | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 20-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 20 days after the deadline. Filed on 20 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00114906.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 20-05-2026 | 2026-00114906 | |
| 30-09-2024 | micro format | 19-05-2025 | 2025-00100475 | |
| 30-09-2023 | micro format | 18-02-2024 | 2024-00031296 | |
| 30-09-2022 | micro format | 23-02-2023 | 2023-00031408 | |
| 30-09-2021 | micro format | 08-03-2022 | 2022-07200100 | |
| 30-09-2020 | micro format | 13-02-2021 | 2021-05300308 | |
| 30-09-2019 | micro format | 15-02-2020 | 2020-05200118 | |
| 30-09-2018 | micro format | 26-04-2019 | 2019-11000133 | |
| 30-09-2017 | micro format | 02-03-2018 | 2018-06200485 | |
| 30-09-2016 | abbreviated format | 10-02-2017 | 2017-04200045 | |
| 30-09-2015 | abbreviated format | 02-03-2016 | 2016-05500546 | |
| 30-09-2014 | abbreviated format | 22-02-2015 | 2015-04600211 | |
| 30-09-2013 | abbreviated format | 26-03-2014 | 2014-07300429 | |
| 30-09-2012 | abbreviated format | 15-03-2013 | 2013-06300428 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60,092 | 55,387 | 59,309 | 39,010 | 61,160 | 18,399 | 3,595 | 21,597 | 26,596 | 70,678 | 30,900 | 50,318 | 47,174 | 17,653 | ||
| 52,662 | 46,956 | 53,256 | 30,706 | 54,799 | 11,356 | -6,914 | 7,764 | 14,941 | 53,941 | 23,440 | 40,347 | 40,506 | 15,711 | ||
| 30,544 | 46,461 | 13,191 | 4,050 | 94,972 | 10,644 | 3,355 | 1,673 | 123 | 5,733 | 334,847 | 9,281 | 27,258 | 91,764 | ||
| -7,437 | 32,763 | 22,732 | 18,859 | 1,280 | 1,357 | -4,829 | 1,052 | 2,362 | -6,559 | -2,162 | -9,285 | 5,978 | - | ||
| -135,767 | -143,832 | -141,123 | -170,710 | -185,228 | -116,888 | -114,856 | 86,574 | 87,241 | -81,558 | -125,048 | 4,156 | -3,116 | -12,427 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -4.2% | ||
| 10.4% | 6.0% | 4.4% | -1.1% | -0.3% | -4.9% | -2.8% | 4.1% | 5.9% | 14.6% | 7.1% | 26.5% | 7.5% | -8.4% | ||
| 0.42 | 0.44 | 0.42 | 0.23 | 0.23 | 0.74 | 0.70 | 3.04 | 1.43 | 0.18 | 0.23 | 1.10 | 0.94 | 0.71 | ||
| 0.42 | 0.44 | 0.42 | 0.22 | 0.23 | 0.08 | 0.06 | 3.04 | 0.11 | 0.18 | 0.23 | 1.10 | 0.94 | 0.71 | ||
| 8.59 | 15.74 | 21.91 | - | - | - | - | 23.52 | 15.89 | 5.84 | 13.06 | 2.77 | 12.34 | - | ||
| 21.3% | 30.3% | 122.1% | - | - | - | - | -110.4% | -47.2% | 44.9% | 9.5% | 66.9% | 190.9% | - | ||
| 2.2% | 1.8% | 5.3% | -0.8% | 7.4% | -2.3% | -6.0% | -4.5% | -2.8% | 6.6% | 0.7% | 17.8% | 14.3% | -15.0% | ||
| 10.47 | 7.57 | 10.77 | 7.46 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 14 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 10 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €30,520 | €46,461 | €13,191 | €2,261 |
| Intangible fixed assets | - | - | - | €1,775 |
| Financial fixed assets | €24 | - | - | €15 |
| €44,760 | €39,984 | €33,706 | €33,270 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on BART NEERMAN
The operating result for 2025 is 0% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 94.0% to 89.6%. Equity is higher and debt is lower.