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MOERMAN

Active
Private limited companyfounded 2009active for 17 yearsAvelgemstraat 4 D, 9690 Kluisbergen, BelgiumKBO/BCE: BE 0812.400.932
Summary

MOERMAN has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €851,642. Equity has been growing by about 23% per year since 2019. Its solvency ranks better than 86% of 9,865 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-06-2009 Normal situation
Activity
Wholesale trade NACE 46322and 2 others
Joint committee
118 Food industry · annual accounts 31-07-2025
Establishment unit
2.179.432.028 9690 Kluisbergen, since 01-08-2009
Financial year end
31 July
Peppol
Reachable

Board and ownership

Board
  • E-INVESTDirector · since 20-09-2024 · permanent representative MOERMAN Edouard Roger Nelly
Shareholders
  • Bart Moermanannual accounts 31-07-2021
  • Edouard Moermanannual accounts 31-07-2021
  • Viktor Moermanannual accounts 31-07-2021

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-07-2025
Gross margin
€3.2m
▼ 8.6%
Turnover
≈ €13.0m
estimated
Profit
€851,642
▼ 33.2%
Equity
€8.3m
▲ 11.4%
Total assets
€10.1m
▲ 4.0%
Employees on 31-07-2025
27
▲ 8.0%
Score breakdownlowers riskFounded in 2009Profit of €851,642 (financial year 2025)Equity €8.3m (82.4% of total assets)Liquidity: current ratio 5.71, cash €1.1mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 81% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 82.4% of total assets
Liquidity 62+5
short-term debt 13.0% · cash 10.8%
Profitability 79-6
return on assets 8.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026highest value 04-2026: < 0.1%▼ -0.2 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.71 (4.44 in 2024), above the usual 1.5. Short-term debt is 13% and cash 10.8% of total assets. 17.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 92% of them on solvency, 80% on liquidity, 80% on profitability and 70% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-07-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €851,642 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €8.3m (82.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.71, cash €1.1m
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-02-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
29 days early
2023
23 days early
2022
34 days early
2021
31 days early
2020
67 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end05-11-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in Kluisbergen, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €851,642 7 years View
  • Caution: Result fell in 2025from €1.3m to €851,642 ▼ 33.2% View
  • Flemish supportawarded from 2022 to 2025 €79,500 View

Recent changes

  1. · Gazette deed 2 directors appointed, 1 director resigningChange of role: MOERMAN Bart Sadi Arlette, from statutory director to director · Appointment: E-INVEST (director) · Permanent representative: MOERMAN Edouard Roger Nelly
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MOERMAN: wholesale trade (NACE 46322). They are comparable in size and age: total assets between €1.8m and €6.3m, founded between 2001 and 2011.

CompanyTotal assetsGross margin
MOERMAN Kluisbergen€10.1m€3.2m
VDS-FOOD BXL Forest€3.4m€2.5m
JASPAERT GEERT Aalst€4.5m€2.6m
Gustobel Roeselare€6.0m€1.3m
VAN DEN STEEN R.-CORNELIS Aalst€1.8m€0.9m
Has Invest Olen€6.3m€0.6m
Uludag Food Heusden-Zolder€5.0m€2.8m
Full comparison

Key facts about MOERMAN

What is the company number of MOERMAN?
The company number of MOERMAN is 0812.400.932. The VAT number is the same number with BE in front: BE 0812.400.932.
Where is MOERMAN based?
The registered office is at Avelgemstraat 4 D, 9690 Kluisbergen.Company details
What does MOERMAN do?
According to the KBO register, the main activity is wholesale trade (NACE 46322).
What is the legal form of MOERMAN?
MOERMAN is a private limited company (BV).
When was MOERMAN founded?
MOERMAN was founded on 19-06-2009.
Is MOERMAN still active?
Yes, MOERMAN is an active enterprise in the KBO register.
How many employees does MOERMAN have?
MOERMAN had an average of 24.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MOERMAN fall under?
In its 31-07-2025 annual accounts, MOERMAN states joint committee 118 (Food industry).
What is the turnover of MOERMAN?
The turnover in financial year 2025 is ≈ €13.0m. This figure is estimated from the gross margin of €3.2m and 98 comparable companies (NACE 46). It probably lies between €8.0m and €22.0m.
Is MOERMAN profitable?
In financial year 2025, MOERMAN made a profit of €851,642.
Where can I find the annual accounts of MOERMAN?
MOERMAN filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MOERMAN due?
MOERMAN must file the annual accounts for financial year 2026 by 28-02-2027.Timeline

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