Summary
DIRK MOERMANS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €214k and a net result of €32k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 9863 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
33 d early
2022
282 d late
2021
647 d late
2020
60 d late
2019
145 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€214k▲ 17.4%
2023 · €182k
2019: €108klowest in 6 years
2020: €110k▲ +1.2% vs 2019
2021: €128k▲ +17.0% vs 2020
2022: €179k▲ +39.4% vs 2021
2023: €182k▲ +2.0% vs 2022
2024: €214k▲ +17.4% vs 2023highest in 6 years
2019 → 2024
Net result
€32k▲ 767%
2023 · €4k
2019: €28k
2020: €1k▼ -95.5% vs 2019lowest in 6 years
2021: €19k▲ +1387% vs 2020
2022: €50k▲ +171% vs 2021highest in 6 years
2023: €4k▼ -92.8% vs 2022
2024: €32k▲ +767% vs 2023
2019 → 2024
Total assets
€358k▲ 17.8%
2023 · €304k
2019: €156k
2020: €149k▼ -4.7% vs 2019lowest in 6 years
2021: €168k▲ +13.3% vs 2020
2022: €210k▲ +24.6% vs 2021
2023: €304k▲ +44.9% vs 2022
2024: €358k▲ +17.8% vs 2023highest in 6 years
2019 → 2024
Solvency
59.7%▼ 0.2pp
2023 · 60.0%
2019: 69.4%
2020: 73.7%▲ +6.2% vs 2019
2021: 76.1%▲ +3.3% vs 2020
2022: 85.1%▲ +11.8% vs 2021highest in 6 years
2023: 60.0%▼ -29.6% vs 2022
2024: 59.7%▼ -0.4% vs 2023lowest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€398-€76k▲ 19,062%€98k▲ 28.1%€98k▲ 0.2%€155k▲ 58.3%
2020: €398lowest in 5 years
2021: €76k▲ +19062% vs 2020
2022: €98k▲ +28.1% vs 2021
2023: €98k▲ +0.2% vs 2022
2024: €155k▲ +58.3% vs 2023highest in 5 years
Equity€110k-€128k▲ 17.0%€179k▲ 39.4%€182k▲ 2.0%€214k▲ 17.4%
2020: €110klowest in 5 years
2021: €128k▲ +17.0% vs 2020
2022: €179k▲ +39.4% vs 2021
2023: €182k▲ +2.0% vs 2022
2024: €214k▲ +17.4% vs 2023highest in 5 years
Operating result€-26k-€7k€4k▼ 38.9%€13k▲ 201%€55k▲ 321%
2020: €-26klowest in 5 years
2021: €7k▲ +127% vs 2020
2022: €4k▼ -38.9% vs 2021
2023: €13k▲ +201% vs 2022
2024: €55k▲ +321% vs 2023highest in 5 years
Net result€1k-€19k▲ 1,387%€50k▲ 171%€4k▼ 92.8%€32k▲ 767%
2020: €1klowest in 5 years
2021: €19k▲ +1387% vs 2020
2022: €50k▲ +171% vs 2021highest in 5 years
2023: €4k▼ -92.8% vs 2022
2024: €32k▲ +767% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 321% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €358k
Fixed assets
€10k ▼ 13.1%
Current assets
€348k ▲ 19.1%
Equity and liabilities €358k
Equity
€214k ▲ 17.4%
Debt
€144k ▲ 18.5%
Debt's share of the balance-sheet total rises from 40.0% to 40.3%. Equity and debt are higher.
Key figures and ratios
ROE
14.8%▲
2023 · 2.0%
ROA
8.8%▲
2023 · 1.2%
Debt ≤ 1 year
€144k▲
2023 · €122k
Income taxes
€22k▲
2023 · €6k
Staff costs
€176▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€304k€358k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€12k€10k▼
Land and buildings22€7k€7k=
Plant, machinery and equipment23€207€138▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€292k€348k▲
Amounts receivable within one year40/41€48k€19k▼
Trade receivables40€24k-
Other amounts receivable41€24k€19k▼
Current investments50/53€117k€168k▲
Cash at bank and in hand54/58€127k€161k▲
Equity and liabilities
Total equity and liabilities10/49€304k€358k▲
Equity10/15€182k€214k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€162k€193k▲
Amounts payable17/49€122k€144k▲
Amounts payable within one year42/48€122k€144k▲
Current portion of amounts payable after more than one year42€284-
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Other amounts payable47/48€111k€137k▲
Income statement
Code20232024
Turnover70€98k€155k▲
Goods, raw materials, services and sundry goods60/61€81k€97k▲
Remuneration, social security and pensions62€2k€176▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8-€1k
Gross operating margin9900€17k€57k▲
Operating profit (loss)9901€13k€55k▲
Financial income75/76B€309€137▼
Recurring financial income75€309€137▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€10k€53k▲
Income taxes67/77€6k€22k▲
Profit (loss) for the period9904€4k€32k▲
Profit (loss) for the period to be appropriated9905€4k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€162k€193k▲
Profit (loss) brought forward from the previous period14P€158k€162k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €398 | €76k | €98k | €98k | €155k | ▲ 58.3% |
| Non-recurring operating income76A | - | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €60k | €90k | €81k | €97k | ▲ 19.8% |
| Remuneration, social security and pensions62 | - | €2k | €2k | €2k | €176 | ▼ 91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €7k | €1k | €2k | €2k | = |
| Other operating charges640/8 | - | €145 | €124 | - | €1k | - |
| Gross operating margin9900 | €-16k | €16k | €8k | €17k | €57k | ▲ 248% |
| Operating profit (loss)9901 | €-26k | €7k | €4k | €13k | €55k | ▲ 321% |
| Financial income75/76B | - | €23k | €50k | €309 | €137 | ▼ 55.7% |
| Recurring financial income75 | €29k | €23k | €50k | €309 | €137 | ▼ 55.7% |
| Financial charges65/66B | - | €2k | €1k | €3k | €1k | ▼ 55.5% |
| Recurring financial charges65 | €2k | €2k | €1k | €3k | €1k | ▼ 55.5% |
| Profit (loss) for the period before taxes9903 | €1k | €28k | €53k | €10k | €53k | ▲ 425% |
| Income taxes67/77 | - | €9k | €3k | €6k | €22k | ▲ 233% |
| Profit (loss) for the period9904 | €1k | €19k | €50k | €4k | €32k | ▲ 767% |
| Profit (loss) for the period to be appropriated9905 | €1k | €19k | €50k | €4k | €32k | ▲ 767% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149k | €168k | €210k | €304k | €358k | ▲ 17.8% |
| Fixed assets21/28 | €14k | €37k | €13k | €12k | €10k | ▼ 13.1% |
| Intangible fixed assets21 | - | €29k | €0 | - | - | - |
| Tangible fixed assets22/27 | €14k | €7k | €13k | €12k | €10k | ▼ 13.1% |
| Land and buildings22 | - | €7k | €7k | €7k | €7k | = |
| Plant, machinery and equipment23 | - | €275 | €275 | €207 | €138 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | €6k | €4k | €3k | ▼ 33.3% |
| Current assets29/58 | €134k | €131k | €197k | €292k | €348k | ▲ 19.1% |
| Amounts receivable within one year40/41 | €32k | €441 | €60k | €48k | €19k | ▼ 60.2% |
| Trade receivables40 | - | €436 | €60k | €24k | - | - |
| Other amounts receivable41 | - | €5 | €10 | €24k | €19k | ▼ 20.9% |
| Current investments50/53 | - | - | - | €117k | €168k | ▲ 42.9% |
| Cash at bank and in hand54/58 | €102k | €131k | €137k | €127k | €161k | ▲ 27.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149k | €168k | €210k | €304k | €358k | ▲ 17.8% |
| Equity10/15 | €110k | €128k | €179k | €182k | €214k | ▲ 17.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | €19k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €89k | €108k | €158k | €162k | €193k | ▲ 19.6% |
| Amounts payable17/49 | €39k | €40k | €31k | €122k | €144k | ▲ 18.5% |
| Amounts payable after more than one year17 | €23k | €15k | €6k | - | - | - |
| Financial debts170/4 | - | €15k | €6k | - | - | - |
| Amounts payable within one year42/48 | €16k | €26k | €25k | €122k | €144k | ▲ 18.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €284 | - | - |
| Trade debts44 | €9k | €19k | €7k | €10k | €7k | ▼ 32.4% |
| Suppliers440/4 | - | €19k | €7k | €10k | €7k | ▼ 32.4% |
| Other amounts payable47/48 | - | €6k | €18k | €111k | €137k | ▲ 23.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €19k | €50k | €4k | €32k | ▲ 767% |
| + Depreciation and write-downs630 | €8k | €7k | €1k | €2k | €2k | = |
| Operating cash flow (approximation) | €9k | €26k | €52k | €5k | €33k | ▲ 540% |
| Investment in fixed assets (approximation) | - | €-30k | €22k | €0 | €0 | - |
| Change in cash | - | €29k | €6k | €-10k | €34k | ▲ 446% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €200kEq €214k ▲17.4%
6 profitable years in a row build equity to €214k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 282 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 647 days late
2022
31-12
Financial
Highest result since 2019net €50k ▲171%
Net result €50k, the highest in the series.
31-12
Financial
Equity above €150kEq €179k ▲39.4%
4 profitable years in a row build equity to €179k.
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet €1k ▼95.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 175 days late
2016
01-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2013
18-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 140 days late
2012
20-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 1993
Ground area
6,284 m²
Building footprint
501 m²
Volume, LiDAR
4,303 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ACHIEL SMEETS
since 19932.061.155.869
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0317/00V003 | Flanders | 3,375 m² | 1 · 306 m² | 14.8 m · 4 fl. |
| 71003B0280/00F000 | Flanders | 2,910 m² | 1 · 194 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.