TOM MOERMAN
ActiveTOM MOERMAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €34k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 50% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+6
Solvency72▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.77 in 2024; short-term debt: 24.2% and cash: 39.1% of total assets), but 53.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
9.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
5 d early
2023
35 d early
2022
3 d early
2021
21 d late
2020
6 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€172k▲ 25.1%
2024 · €137k
2018: €42k
2019: €42k
2020: €64k
2021: €87k
2022: €101k
2023: €123k
2024: €137k
2018 → 2025
Total assets
€367k▲ 7.0%
2024 · €343k
2018: €318k
2019: €296k
2020: €293k
2021: €308k
2022: €374k
2023: €377k
2024: €343k
2018 → 2025
Net result
€34k▲ 146%
2024 · €14k
2018: €12k
2019: €49
2020: €23k
2021: €23k
2022: €14k
2023: €22k
2024: €14k
2018 → 2025
Working capital
€80k▲ 37.3%
2024 · €58k
2018: €7k
2019: €9k
2020: €30k
2021: €50k
2022: €35k
2023: €51k
2024: €58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€101k▲ 16.7%€123k▲ 21.5%€137k▲ 11.4%€172k▲ 25.1%
Operating result€36k-€21k▼ 40.3%€35k▲ 67.2%€24k▼ 32.8%€52k▲ 120%
Net result€23k-€14k▼ 36.2%€22k▲ 50.4%€14k▼ 35.8%€34k▲ 146%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 120% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367k
Fixed assets
€199k▼ 5.0%
Current assets
€168k▲ 25.9%
Equity and liabilities €367k
Equity
€172k▲ 25.1%
Debt
€195k▼ 5.0%
The debt ratio falls from 59.9% to 53.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▲
2024 · €44k
Cash flow
€53k▲
2024 · €34k
Solvency
46.8%▲
2024 · 40.1%
Current ratio
1.90▲
2024 · 1.77
Quick ratio
1.84▲
2024 · 1.65
Debt / equity
1.14▼
2024 · 1.50
ROE
20.1%▲
2024 · 10.2%
ROA
9.4%▲
2024 · 4.1%
Interest coverage
21.65▲
2024 · 10.89
Debt
€195k▼
2024 · €205k
Debt ≤ 1 year
€89k▲
2024 · €76k
Debt > 1 year
€106k▼
2024 · €130k
Income taxes
€15k▲
2024 · €6k
Staff costs
€14k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€343k€367k▲
Fixed assets21/28€209k€199k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€209k€199k▼
Land and buildings22€188k€182k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€18k€12k▼
Current assets29/58€134k€168k▲
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€31k€14k▼
Trade receivables40€25k€9k▼
Other amounts receivable41€6k€5k▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€85k€144k▲
Deferred charges and accrued income490/1€4k€800▼
Equity and liabilities
Total equity and liabilities10/49€343k€367k▲
Equity10/15€137k€172k▲
Contributions10/11€7k€7k=
Reserves13€131k€165k▲
Tax-exempt reserves132€10k€10k=
Distributable reserves133€121k€155k▲
Amounts payable17/49€205k€195k▼
Amounts payable after more than one year17€130k€106k▼
Financial debts170/4€130k€106k▼
Amounts payable within one year42/48€76k€89k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€35k€24k▼
Suppliers440/4€35k€24k▼
Taxes, remuneration and social security45€9k€21k▲
Taxes450/3€6k€20k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€8k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€53k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€98k€87k▼
Operating profit (loss)9901€24k€52k▲
Financial income75/76B€70€173▲
Recurring financial income75€70€173▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€20k€49k▲
Income taxes67/77€6k€15k▲
Profit (loss) for the period9904€14k€34k▲
Profit (loss) for the period to be appropriated9905€14k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€34k▲
Transfer to equity691/2€14k€34k▲
To other reserves6921€14k€34k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €34k ▲146%
Operating result €52k, net result €34k, both a record.
30-09
Financial
Equity above €150kEq €172k ▲25.1%
8 profitable years in a row build equity to €172k.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €100kEq €101k ▲16.7%
5 profitable years in a row build equity to €101k.
21-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 21 days late
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
30-09
Financial
Weakest financial yearnet €49 ▼99.6%
Net result drops to €49, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zulte · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Modest Huys-laan 669870 ZulteGround area
1,492 m²
Building footprint
259 m²
Volume, LiDAR
973 m³
Parcel 44081B0611/00D006, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TOM MOERMAN
since 20062.151.315.092
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081B0611/00D006 | Flanders | 1,492 m² | 1 · 259 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GASELINT
BE 0427.393.975
Lint · Eq €172k
VERSCHUEREN JO
BE 0831.889.024
Denderleeuw · Eq €172k
AKV & Co
BE 0686.789.692
Genk · Eq €172k
GADIRMAN
BE 0700.391.468
Lokeren · Eq €172k
WYCKHUYS INSTALLATIETECHNIEKEN
BE 0442.678.702
Aalter · Eq €172k
Of 9,528 companies in sector 43222 we hold annual accounts for 5,659. 4,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2005
Fiscal year end30-09
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.