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Moerman

Active Private limited companyfounded 2009active for 17 yearsBurgemeester Van Ackerwijk B 69, 9240 ZeleKBO/BCE: BE 0817.617.255
Moerman
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
€34,663
▲ 103%
€29,757
▲ 115%
€22,347
▲ 134%
€41,626
▲ 62.0%
79.0%
▲ 26.9 percentage points
3.95
▲ 2.14

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €140,000 and €350,000.

Balance sheet

balance sheet total €67,259 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

79.0%

Higher than 84% of 35,156 companies in 2025.

3.95

Higher than 79% of 34,529 companies in 2025.

33.2%

Higher than 89% of 34,730 companies in 2025.

Moerman Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 67,25966,74137,93841,94331,42837,11185,97161,62127,53535,56931,96432,20817,59631,24332,77144,574
21/28 11,5079,0905,3066,73314,08016,65529,04139,39618,42026,8096,5217,71312,72518,90626,55234,004
22/27 11,5079,0905,3066,73314,08016,65529,04139,39618,42026,8096,5217,71312,72518,90626,55234,004
23 7,3294,9135,3066,7337,6923,8794,4372,9642,0984,1133,8293,2622,2383,0524,3394,340
24 4,1774,176006,38812,77524,60436,43216,32222,6962,6924,45110,48715,85413,10817,247
29/58 55,75257,65232,63235,21017,34820,45656,93022,2259,1158,75925,44224,4944,87012,3376,21910,570
3 -7,774--------------
30/36 -2,273--------------
37 -5,501--------------
40/41 13,77428,14315,69215,7726,6019,79718,95913,1985,0568,75911,24521,6161,5132,2051,0281,933
40 2219,3496,61712,5933,1886,8058,9594,2634,0604,2709,31817,6331,5131,815190790
41 13,7538,7949,0753,1793,4132,99110,0008,9359964,4891,9273,983-3908381,143
54/58 41,35721,13416,56419,16910,4168,84836,3548,5634,059-10,1752,8783,35710,1325,1918,637
490/1 6216013752693311,8121,617465--4,022-----
Balance sheet: equity and liabilities
10/49 67,25966,74137,93841,94331,42837,11185,97161,62127,53535,56931,96432,20817,59631,24332,77144,574
10/15 53,13234,78625,24015,90816,20910,9238,7778,423-296-2,8814,6163,1643,4424,2692,7027,377
10/11 18,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,5507,0007,0007,0007,0007,000
10 ---18,55018,550-----------
100 ---18,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,55018,550
101 -----------11,55011,55011,55011,55011,550
13 32,37714,377377377377377377377377377377377377376377377
130/1 --0377377377----------
130 ---377377377377377377377377377377376377377
1311 --0-------------
133 32,37714,377377-------------
14 2,2051,8596,313-3,019-2,718-8,004-10,150-10,504-19,223-21,808-14,311-4,213-3,935-3,107-4,675-
17/49 14,12631,95612,69826,03515,22026,18877,19453,19827,83138,45027,34829,04414,15326,97430,06937,197
17 ----3,5649,58120,46931,60215,57820,302---8639,49818,548
170/4 ----3,5649,58120,46931,60215,57820,302---8639,49818,548
42/48 14,12631,95612,69826,03511,65516,60756,72521,59612,25418,14827,34829,04414,15326,11120,57118,649
42 --03,5646,01710,88811,13310,9235,1505,481--2,3635,0389,0518,430
43 ---------2,629---7,500--
430/8 ---------2,629------
439 -------------7,500--
44 4,8877,4275,62716,2162,5752,1404,7123,0634,97069111,3957,8731,0394,2124441,484
440/4 4,8877,4275,62716,2162,5752,1404,7123,0634,97069111,3957,8731,0394,2124441,484
46 -15,970----37,736---------
45 5,2398,5596,2386,2543,0631,1332,8599426674,131652,093346--735
450/3 5,2398,5596,2386,2543,0631,133859942667131652,093346--735
454/9 ------2,000--4,000------
47/48 4,0000833--2,4452856,6681,4685,21615,88819,07810,4059,36111,0768,000
Income statement
76A -----3,024----------
9900 34,66317,06317,78812,04617,26317,10616,03725,12711,7543,305-5,4619,2907,64710,7875,38713,305
630 3,3741,9312,5239,3228,61213,53213,82014,3037,7429,8693,9728,1377,2907,2178,7378,245
640/8 1,2231,3031,2257414402604318306556085205688355965001,777
66A 309---------------
9901 29,75713,82814,0401,9828,2113,3141,7869,9943,357-7,172-9,953585-4782,974-3,8503,283
75/76B 100533761522-3101133584
75 100533761522-3101133584
65/66B 1361326712814206181,0701,05961625282432457651,6172,175
65 1361326712814206181,0701,05961625282432457651,6172,175
9903 29,63113,69713,4222,0787,9432,6997168,9392,741-7,423-10,033543-7212,212-5,4091,112
67/77 7,2854,1513,2572,3792,6575533622201566665822107644-734735
9904 22,3479,54510,165-3015,2862,1463548,7192,585-7,489-10,098-278-8281,568-4,675377
9905 22,3479,54510,165-3015,2862,1463548,7192,585-7,489-10,098-278-8281,568-4,675377
Appropriation of the result
9906 24,20515,8597,146-3,019-2,718-8,004-10,150-10,504-19,223-21,808-14,311-4,213-3,935-3,107-4,675377
14P 1,8596,313-3,019-2,718-8,004-----------
691/2 18,00014,000-------------377
6920 ---------------377
6921 18,00014,000--------------
694/7 4,0000833-------------
694 -0833-------------
695 4,000---------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00364005 PDF
31-12-2024 micro format 31-08-2025 2025-00455674 PDF
31-12-2023 micro format 30-09-2024 2024-00499316 PDF
31-12-2022 micro format 30-08-2023 2023-00404490 PDF
31-12-2021 micro format 29-07-2022 2022-20245832 PDF
31-12-2020 micro format 30-11-2021 2021-79200122 PDF
31-12-2019 micro format 30-09-2020 2020-57900157 PDF
31-12-2018 micro format 23-09-2019 2019-65200173 PDF
31-12-2017 micro format 16-07-2018 2018-32700330 PDF
31-12-2016 micro format 24-08-2017 2017-47900495 PDF
31-12-2015 abbreviated format 24-11-2016 2016-68600414 PDF
31-12-2014 abbreviated format 20-08-2015 2015-44900092 PDF
31-12-2013 abbreviated format 05-01-2015 2015-00300054 PDF
31-12-2012 abbreviated format 27-07-2013 2013-36500500 PDF
31-12-2011 abbreviated format 23-07-2012 2012-32800540 PDF
31-12-2010 abbreviated format 30-06-2011 2011-25100150 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
33,13115,75916,56311,30416,82316,84615,60624,29711,0992,697-5,9818,7226,81210,1914,88711,528
25,72011,47612,6889,02113,89815,67714,17423,02210,3272,380-6,1267,8586,4628,7854,0628,622
6,1005,7141,0961,9756,0371,1453,46535,279-64730,1572,7803,1251,1098,6771,28642,248
20,2234,570-2,6058,7531,569-27,50627,7914,504--7,297-479-6,7754,941-3,446-
41,62625,69619,9349,1765,6933,849205628-3,139-9,389-1,905-4,549-9,283-13,774-14,352-8,079
79.0%52.1%66.5%37.9%51.6%29.4%10.2%13.7%-1.1%-8.1%14.4%9.8%19.6%13.7%8.2%16.6%
3.951.802.571.351.491.231.001.030.740.480.930.840.340.470.300.57
3.951.562.571.351.491.231.001.030.740.480.930.840.340.470.300.57
0.270.920.501.640.942.408.806.32--5.929.184.116.3211.135.04
42.1%27.4%40.3%-1.9%32.6%19.6%4.0%103.5%---218.8%-8.8%-24.0%36.7%-173.0%5.1%
33.2%14.3%26.8%-0.7%16.8%5.8%0.4%14.1%9.4%-21.1%-31.6%-0.9%-4.7%5.0%-14.3%0.8%
over 100over 10024.6940.2640.03-----------

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
Item20252024202320222021
Tangible fixed assets€6,100€5,714€1,096€1,975€6,037
€3,374€1,931€2,523€9,322€8,612

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Moerman

The operating result for 2025 is 115% higher than in 2024 and the highest since 2010. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 47.9% to 21.0%. Equity is higher and debt is lower.

Next steps

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