ACTIVE

KIRMAR

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Financial year 2025 · closed on 31/12/2025
Net result
141,4 k €
+19.3% YoY
Gross margin
258,5 k €
+17.8% YoY
Equity
721,9 k €
-32.0% YoY
Workforce
1,0 ETP
0.0% YoY

What does KIRMAR do?

KIRMAR is a Private limited company incorporated in 2014. Its registered office is in Beerse. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0564.786.755
Incorporation
13/10/2014
Legal form
Private limited company
Registered office
Prinsenlaan 5
2340 Beerse · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120192018201720162015
Income statement
Gross margin258,5 k €219,5 k €406,2 k €412,6 k €193 k €311,6 k €368 k €333,8 k €343,2 k €298,6 k €
EBITDA195,3 k €162,8 k €345,8 k €362,2 k €133,8 k €259,7 k €356,1 k €332,3 k €341,9 k €296,6 k €
Operating result178,9 k €143,4 k €326,5 k €344,8 k €118,5 k €239,4 k €335,1 k €317,1 k €322,6 k €283,3 k €
Net result141,4 k €118,5 k €227,1 k €183,2 k €77,3 k €163,1 k €253,2 k €204,2 k €211,2 k €189,9 k €
Balance sheet
Equity721,9 k €1,1 M €943,2 k €871,1 k €947,9 k €545,7 k €382,6 k €593,2 k €389 k €177,8 k €
Total assets1,3 M €1,1 M €1,3 M €1,2 M €1,3 M €740,7 k €681 k €884 k €788,8 k €307,4 k €
Cash402,1 k €233,4 k €317,9 k €644,5 k €556,5 k €288,8 k €282 k €476,8 k €381,5 k €142,2 k €
Debts543,3 k €71,5 k €324,1 k €369,9 k €317,1 k €195,1 k €298,4 k €290,8 k €399,8 k €129,6 k €
Other
Workforce1,0 ETP1,0 ETP0,0 ETP1,0 ETP–1,0 ETP0,3 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Gert Mertens

Director · since 17 octobre 2014

Active

Ended mandates

Gert Mertens

Director · since 13 octobre 2014

Ended
Gert Mertens

Mandate

Ended
Gert Mertens

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
Trivium Capital● Active
1040.709.139
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202631/07/202529/07/202426/06/202309/08/202213/08/2021
General meeting16/06/202630/06/202530/06/202412/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202516/06/202628/08/2026DutchPDF
Abridged model31/12/202522/06/202615/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202429/07/2024DutchPDF
Abridged model31/12/202212/06/202326/06/2023DutchPDF
Micro model31/12/202130/06/202209/08/2022DutchPDF
Micro model31/12/202030/06/202113/08/2021DutchPDF
Abridged model31/12/201930/09/202030/10/2020DutchPDF
Abridged model31/12/201816/08/201913/09/2019DutchPDF
Abridged model31/12/201713/07/201831/07/2018DutchPDF
Abridged model31/12/201631/07/201728/08/2017DutchPDF
Abridged model31/12/201504/07/201616/08/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Gert Mertens

Director · since 17 octobre 2014

Active

Ended mandates

Gert Mertens

Director · since 13 octobre 2014

Ended
Gert Mertens

Mandate

Ended
Gert Mertens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/08/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/10/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025141,4 k €↑
  2. 2024
    Annual accounts 2024118,5 k €↓
  3. 2023
    Annual accounts 2023227,1 k €↑
  4. 2022
    Annual accounts 2022183,2 k €↑
  5. 2021
    Annual accounts 202177,3 k €↓
  6. 2019
    Annual accounts 2019163,1 k €↓
  7. 2018
    Annual accounts 2018253,2 k €↑
  8. 2017
    Annual accounts 2017204,2 k €↓
  9. 2016
    Annual accounts 2016211,2 k €↑
  10. 2015
    Annual accounts 2015189,9 k €
  11. 13/10/2014
    IncorporationPrivate limited company