Equity
€53,132 ▲ 52.7%
Moerman has made a profit without a break since 2023.
Moerman
Lifetime
16 annual accounts with figures on one time axispeak €34,663 (2025)
€34,663▲ 103%
lowest -€10,098 (2015)
€22,347▲ 134%
peak €53,132 (2025)
€53,132▲ 52.7%
€14,126▼ 55.8%
Board1 name since 2009
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €17,063 to €34,663Result from €9,545 to €22,347Equity from €34,786 to €53,132Debts from €31,956 to €14,126Cash from €21,134 to €41,357
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Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Investments
€6,100 1.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 49.2% higher than in 2024.
Liquidity
3.95 was 1.80 in 2024
Short-term debts fell from €31,956 to €14,126.
Filings
16 annual accounts since 2010
Seven of the last ten came late. The 2020 accounts came latest: 122 days after the end of the period.
Position in the sector
79.0%
Higher solvency than 84% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as Moerman has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for Moerman. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
5 signals are hidden.
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0817617255
Registered office moved within Zele
New registered office: Burgemeester Van Ackerwijk B 69, 9240 Zele · Previous registered office: Durmen 147, 9240 Zele · Resignation: (statutory director) · Gazette deed
First establishment
Burgemeester Van Ackerwijk B 69, Zele
Incorporation
published on 10-08-2009 · Gazette deed
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Moerman Zele | €67,259 | €34,663 | 79.0% | - |
| Stevens Moors Decoratie Laakdal | €62,624 | €41,200 | 56.2% | - |
| VDV-DECORLINE Ninove | €83,414 | €36,069 | 80.0% | - |
| Bart Seminck Aalst | €90,606 | €31,052 | 60.6% | - |
| ESSENTCOLOR Ghent | €66,471 | €33,914 | 76.9% | - |
| DB-Decoteam Lede | €97,500 | €33,751 | 34.9% | - |
| PAINT-IT Aalst | €77,159 | €21,445 | 71.5% | - |
These companies have the same main activity as Moerman: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €62,600 and €97,500, founded between 2007 and 2014.
Official details
Source: KBO- Status
- Active since 06-08-2009Normal situation
- Activity
- Painting of buildingsNACE 43341and 1 other
- Establishment unit
- 2.181.129.0339240 Zele, since 01-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Annual accounts 2025
- €67,259▲ 0.8%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Moerman
Moerman files the micro format. That format states no turnover. The gross margin rose from €13,305 in 2010 to €34,663 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Moerman
- What is the company number of Moerman?
- The company number of Moerman is 0817.617.255. The VAT number is the same number with BE in front: BE 0817.617.255.
- Where is Moerman based?
- The registered office is at Burgemeester Van Ackerwijk B 69, 9240 Zele.Company details
- What does Moerman do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of Moerman?
- Moerman is a private limited company (BV).
- When was Moerman founded?
- Moerman was founded on 06-08-2009.
- Is Moerman still active?
- Yes, Moerman is an active enterprise in the KBO register.
- What is the turnover of Moerman?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €34,663 and 88 comparable companies (NACE 433). It probably lies between €140,000 and €350,000.Financials
- Is Moerman profitable?
- In financial year 2025, Moerman made a profit of €22,347.
- 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 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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