ACTIVE

MOERMAN

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Financial year 2025 · Closed on 31/12/2025

Net result247 k €+51,0 %over 1 year

Revenue11,2 M €-0,5 %over 1 year

Equity5,5 M €+0,5 %over 1 year

Workforce31,2 ETP+3,3 %over 1 year

Identity

Source · BCE/KBO

MOERMAN is a Public limited company incorporated in 1978. Its main activity is: Manufacture of brooms and brushes. Its registered office is in Tielt. It employs on average 31,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.959.232
Incorporation: 14/12/1978
Legal form: Public limited company
Registered office: Schutterijstraat 25
8760 Tielt · FlandreSee on map
Contributed capital: 1 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 31,2 ETP

Activities (NACE)

32910Manufacture of brooms and brushes· main 32910Manufacture of brooms and brushes 32990Other manufacturing n.e.c.32990Other manufacturing n.e.c.36620Water collection, treatment and supply 36630Water collection, treatment and supply+2

Joint committees (3)

111
11122
209

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	11,2 M €	-0.5%	11,2 M €	-6.2%	12 M €	+0.9%	11,9 M €	+9.1%	10,9 M €
EBITDA	1,5 M €	+11.7%	1,3 M €	-7.1%	1,4 M €	-49.5%	2,8 M €	+73.3%	1,6 M €
Operating result	529,7 k €	+16.5%	454,6 k €	-31.6%	665,1 k €	-68.1%	2,1 M €	+140%	869,4 k €
Net result	247 k €	+51.0%	163,6 k €	-53.9%	354,9 k €	-77.8%	1,6 M €	+181%	568,1 k €
Balance sheet
Equity	5,5 M €	+0.5%	5,5 M €	+1.2%	5,4 M €	+3.9%	5,2 M €	-10.1%	5,8 M €
Total assets	12,8 M €	-3.1%	13,3 M €	-3.5%	13,7 M €	+13.1%	12,1 M €	-4.5%	12,7 M €
Cash	32,9 k €	-66.5%	98,3 k €	-63.4%	268,5 k €	-19.7%	334,5 k €	+61.3%	207,4 k €
Debts	6,9 M €	-5.8%	7,3 M €	-5.8%	7,8 M €	+21.9%	6,4 M €	-5.6%	6,8 M €
Other
Workforce	31,2 ETP	+3.3%	30,2 ETP	+3.1%	29,3 ETP	+6.2%	27,6 ETP	-13.7%	32,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AGRIMAT0432.268.721Represented by Lieselore DEPAEPE	Managing director20/11/2016 → 27/06/2028Directorlisted until the 2015 accountsended
MECREA0842.068.381Represented by Guy VANDE VYVERE	Managing director27/06/2014 → 27/06/2028Administrator - manager16/01/2012 → 2014 accountsended
Serge BRAUN	Director27/06/2014 → 27/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Immovanti0418.672.883Represented by Marie-Hélène Vande Vyvere	Managing director27/06/2014 → 2015 accounts
MARC ROELS CONSULTING AND TRADING0465.975.627Represented by Marc Roels	Director27/06/2014 → 2015 accounts

Other companies at this address

Schutterijstraat 25 8760 Tielt

Company	CBE no.
VISION FUSED PRODUCTS● Active	0468.503.466

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	25/07/2025	13/08/2024	08/11/2023	31/08/2022	31/08/2021
General meeting	28/08/2026	27/06/2025	15/07/2024	27/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/08/2026	31/08/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	15/07/2024	13/08/2024	Dutch	PDF
Full modelCorrection	31/12/2022	27/06/2023	08/11/2023	Dutch	PDF
Full model	31/12/2022	27/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	02/10/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Full model	31/12/2015	18/07/2016	26/08/2016	Dutch	PDF
Full model	31/12/2014	26/06/2015	14/07/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	01/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	04/07/2012	19/07/2012	Dutch	PDF
Full model	31/12/2010	26/04/2011	16/07/2011	Dutch	PDF
Full model	31/12/2009	21/06/2010	06/07/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	06/07/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	27/06/2008	Dutch	PDF
Full model	31/12/2006	19/06/2007	04/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AGRIMAT0432.268.721Represented by Lieselore DEPAEPE	Managing director20/11/2016 → 27/06/2028Directorlisted until the 2015 accountsended
MECREA0842.068.381Represented by Guy VANDE VYVERE	Managing director27/06/2014 → 27/06/2028Administrator - manager16/01/2012 → 2014 accountsended
Serge BRAUN	Director27/06/2014 → 27/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Immovanti0418.672.883Represented by Marie-Hélène Vande Vyvere	Managing director27/06/2014 → 2015 accounts
MARC ROELS CONSULTING AND TRADING0465.975.627Represented by Marc Roels	Director27/06/2014 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates20/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/04/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/12/2014
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

AGRIMAT

MECREA

Serge BRAUN

Immovanti

MARC ROELS CONSULTING AND TRADING

Pardia

Vybros Real Estate

197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

MOERMAN

Schutterijstraat 25, 8760 Tielt

Managing director

Managing directorAdministrator - manager

Director

Managing director

Director

DirectorChairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schutterijstraat 25, 8760 TieltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00505388

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MOERMANCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00505388

Events

2025
Annual accounts 2025247 k €↑
2024
Annual accounts 2024163,6 k €↓
2023
Annual accounts 2023354,9 k €↓
2022
Annual accounts 20221,6 M €↑
2021
Annual accounts 2021568,1 k €↑
2020
Annual accounts 202022,2 k €↓
2019
Annual accounts 2019495,9 k €↑
2018
Annual accounts 2018227 k €↑
2017
Annual accounts 201711,6 k €↓
2016
Annual accounts 2016268,2 k €↓
2015
Annual accounts 2015373,9 k €↑
2014
Annual accounts 2014-999,2 k €↑
2013
Annual accounts 2013-3,3 M €↓
2012
Annual accounts 2012-358,4 k €↓
2011
Annual accounts 2011-16,1 k €↑
2010
Annual accounts 2010-32,6 k €↑
2009
Annual accounts 2009-111,9 k €↓
2008
Annual accounts 2008499,6 k €↑
2007
Annual accounts 2007216,1 k €↓
2006
Annual accounts 2006368,5 k €
14/12/1978
IncorporationPublic limited company

MOERMAN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events