ACTIVE

Moerman

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Financial year 2025 · closed on 31/12/2025
Net result
22,3 k €
+134.1% YoY
Gross margin
34,7 k €
+103.2% YoY
Equity
53,1 k €
+52.7% YoY

What does Moerman do?

Moerman is a Private limited company incorporated in 2009. Its main activity is: Painting and glazing. Its registered office is in Zele.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0817.617.255
Incorporation
06/08/2009
Legal form
Private limited company
Registered office
Burgemeester Van Ackerwijk B 69
9240 Zele · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
43341Painting and glazing· main43341Painting and glazing43333Floor and wall covering43333Floor and wall covering
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin34,7 k €17,1 k €17,8 k €12,0 k €17,3 k €17,1 k €16,0 k €25,1 k €11,8 k €3,3 k €-5,5 k €9,3 k €7,6 k €10,8 k €5,4 k €13,3 k €
EBITDA33,1 k €15,8 k €16,6 k €11,3 k €16,8 k €16,8 k €15,6 k €24,3 k €11,1 k €2,7 k €-6,0 k €8,7 k €6,8 k €10,2 k €4,9 k €11,5 k €
Operating result29,8 k €13,8 k €14,0 k €2,0 k €8,2 k €3,3 k €1,8 k €10,0 k €3,4 k €-7,2 k €-10,0 k €585,5 €-478,1 €3,0 k €-3,9 k €3,3 k €
Net result22,3 k €9,5 k €10,2 k €-300,5 €5,3 k €2,1 k €353,9 €8,7 k €2,6 k €-7,5 k €-10,1 k €-278,2 €-827,6 €1,6 k €-4,7 k €377,0 €
Balance sheet
Equity53,1 k €34,8 k €25,2 k €15,9 k €16,2 k €10,9 k €8,8 k €8,4 k €-296,1 €-2,9 k €4,6 k €3,2 k €3,4 k €4,3 k €2,7 k €7,4 k €
Total assets67,3 k €66,7 k €37,9 k €41,9 k €31,4 k €37,1 k €86,0 k €61,6 k €27,5 k €35,6 k €32,0 k €32,2 k €17,6 k €31,2 k €32,8 k €44,6 k €
Cash41,4 k €21,1 k €16,6 k €19,2 k €10,4 k €8,8 k €36,4 k €8,6 k €4,1 k €–10,2 k €2,9 k €3,4 k €10,1 k €5,2 k €8,6 k €
Debts14,1 k €32,0 k €12,7 k €26,0 k €15,2 k €26,2 k €77,2 k €53,2 k €27,8 k €38,4 k €27,3 k €29,0 k €14,2 k €27,0 k €30,1 k €37,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Geert Moerman

Mandate

Active

Ended mandates

Geert Moerman

Manager · since 06 août 2009

Ended
Geert MOERMAN

Director · since 06 août 2009

Ended
Liesbeth Van Praet

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date31/07/202631/08/202530/09/202430/08/202329/07/202230/11/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/07/2026DutchPDF
Micro model31/12/202430/06/202531/08/2025DutchPDF
Micro model31/12/202330/06/202430/09/2024DutchPDF
Micro model31/12/202230/06/202330/08/2023DutchPDF
Micro model31/12/202130/06/202229/07/2022DutchPDF
Micro model31/12/202030/06/202130/11/2021DutchPDF
Micro model31/12/201930/06/202030/09/2020DutchPDF
Micro model31/12/201801/07/201923/09/2019DutchPDF
Micro model31/12/201730/06/201816/07/2018DutchPDF
Micro model31/12/201630/06/201724/08/2017DutchPDF
Abridged model31/12/201530/06/201624/11/2016DutchPDF
Abridged model31/12/201430/06/201520/08/2015DutchPDF
Abridged model31/12/201330/06/201405/01/2015DutchPDF
Abridged model31/12/201230/06/201327/07/2013DutchPDF
Abridged model31/12/201130/06/201223/07/2012DutchPDF
Abridged model31/12/201022/06/201130/06/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

Geert Moerman

Mandate

Active

Ended mandates

Geert Moerman

Manager · since 06 août 2009

Ended
Geert MOERMAN

Director · since 06 août 2009

Ended
Liesbeth Van Praet

Mandate

Ended
Shareholders

Ownership and network

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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 202522,3 k €↑
  2. 2024
    Annual accounts 20249,5 k €↓
  3. 2023
    Annual accounts 202310,2 k €↑
  4. 2022
    Annual accounts 2022-300,5 €↓
  5. 2021
    Annual accounts 20215,3 k €↑
  6. 2020
    Annual accounts 20202,1 k €↑
  7. 2019
    Annual accounts 2019353,9 €↓
  8. 2018
    Annual accounts 20188,7 k €↑
  9. 2017
    Annual accounts 20172,6 k €↑
  10. 2016
    Annual accounts 2016-7,5 k €↑
  11. 2015
    Annual accounts 2015-10,1 k €↓
  12. 2014
    Annual accounts 2014-278,2 €↑
  13. 2013
    Annual accounts 2013-827,6 €↓
  14. 2012
    Annual accounts 20121,6 k €↑
  15. 2011
    Annual accounts 2011-4,7 k €↓
  16. 2010
    Annual accounts 2010377,0 €
  17. 06/08/2009
    IncorporationPrivate limited company