MOERMAN ANN
ActiveMOERMAN ANN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €619k and a net result of €82k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-6
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 3.85 against 4.24 in 2024), and 24.4% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
75.6%
Return on assets
10%
Age of the figures
8 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
6 d late
2023
6 d early
2022
7 d early
2021
3 d early
2020
1 d early
2019
74 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€619k▲ 4.7%
2024 · €591k
2018: €145k
2019: €175k
2020: €246k
2021: €309k
2022: €404k
2023: €507k
2024: €591k
2018 → 2025
Total assets
€819k▲ 8.4%
2024 · €756k
2018: €566k
2019: €520k
2020: €545k
2021: €572k
2022: €623k
2023: €693k
2024: €756k
2018 → 2025
Net result
€82k▼ 4.2%
2024 · €85k
2018: €34k
2019: €34k
2020: €72k
2021: €63k
2022: €96k
2023: €104k
2024: €85k
2018 → 2025
Working capital
€555k▲ 8.7%
2024 · €511k
2018: €143k
2019: €162k
2020: €194k
2021: €241k
2022: €333k
2023: €431k
2024: €511k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€309k-€404k▲ 30.8%€507k▲ 25.5%€591k▲ 16.7%€619k▲ 4.7%
Operating result€92k-€146k▲ 58.8%€151k▲ 3.7%€120k▼ 20.6%€109k▼ 9.0%
Net result€63k-€96k▲ 51.2%€104k▲ 8.2%€85k▼ 17.8%€82k▼ 4.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €819k
Fixed assets
€70k▼ 20.3%
Current assets
€749k▲ 12.1%
Equity and liabilities €819k
Equity
€619k▲ 4.7%
Debt
€200k▲ 21.5%
The debt ratio rises from 21.8% to 24.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€129k▼
2024 · €140k
Cash flow
€102k▼
2024 · €105k
Solvency
75.6%▼
2024 · 78.2%
Current ratio
3.85▼
2024 · 4.24
Quick ratio
3.05▼
2024 · 3.16
Debt / equity
0.32▲
2024 · 0.28
ROE
13.2%▼
2024 · 14.4%
ROA
10.0%▼
2024 · 11.3%
Interest coverage
14.85▲
2024 · 13.80
Debt
€200k▲
2024 · €165k
Debt ≤ 1 year
€194k▲
2024 · €158k
Income taxes
€32k▼
2024 · €35k
Staff costs
€3k▼
2024 · €3k
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€756k€819k▲
Fixed assets21/28€88k€70k▼
Tangible fixed assets22/27€88k€70k▼
Land and buildings22€77k€61k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€677€151▼
Current assets29/58€668k€749k▲
Amounts receivable after more than one year29€200k€325k▲
Other amounts receivable291€200k€325k▲
Stocks and contracts in progress3€170k€157k▼
Stocks30/36€170k€157k▼
Amounts receivable within one year40/41€64k€64k▲
Trade receivables40€49k€49k▼
Other amounts receivable41€15k€15k▲
Current investments50/53€125k-
Cash at bank and in hand54/58€99k€190k▲
Deferred charges and accrued income490/1€11k€14k▲
Equity and liabilities
Total equity and liabilities10/49€756k€819k▲
Equity10/15€591k€619k▲
Contributions10/11€25k€25k=
Reserves13€551k€579k▲
Distributable reserves133€551k€579k▲
Profit (loss) carried forward14€16k€16k=
Amounts payable17/49€165k€200k▲
Amounts payable within one year42/48€158k€194k▲
Current portion of amounts payable after more than one year42€27k-
Trade debts44€46k€56k▲
Suppliers440/4€46k€56k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3-€3k
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€82k€132k▲
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€3k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€147k€137k▼
Operating profit (loss)9901€120k€109k▼
Financial income75/76B€10k€13k▲
Recurring financial income75€10k€13k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€120k€114k▼
Income taxes67/77€35k€32k▼
Profit (loss) for the period9904€85k€82k▼
Profit (loss) for the period to be appropriated9905€85k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€97k▼
Profit (loss) brought forward from the previous period14P€16k€16k▼
Transfer from equity791/2-€53k
Transfer to equity691/2€85k€81k▼
To other reserves6921€85k€81k▼
Profit to be distributed694/7€833€54k▲
Return on contributions (dividend)694€833€54k▲
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (10 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €104k ▲8.2%
Operating result €151k, net result €104k, both a record.
31-12
Financial
Equity above €500kEq €507k ▲25.5%
6 profitable years in a row build equity to €507k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €246k ▲40.9%
3 profitable years in a row build equity to €246k.
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 74 days late
2019
31-12
Financial
Equity above €150kEq €175k ▲20.4%
2 profitable years in a row build equity to €175k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2009
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.
Bayauxlaan 358300 Knokke-HeistGround area
380 m²
Building footprint
377 m²
Volume, LiDAR
7,048 m³
Parcel 31013A0652/00B000, Flanders · tallest building 22.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
APOTHEEK MOERMAN
since 20092.177.232.405
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0652/00B000 | Flanders | 380 m² | 1 · 377 m² | 22.8 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.177.232.405
Similar companies · same sector, comparable size
APOTHEEK HECHTEL
BE 0791.683.712
Hechtel-Eksel · Eq €619k
SANIMED
BE 0448.804.548
Oudenburg · Eq €619k
Pharma Invest Devos
BE 0899.883.252
Halle · Eq €618k
MENDELJEV
BE 0830.138.866
Beernem · Eq €620k
APOTHEKER STEVEN VRIJDAG
BE 0817.319.624
Dendermonde · Eq €618k
Of 5,208 companies in sector 47730 we hold annual accounts for 3,850. 3,264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2008
Fiscal year end31-12
Activities, NACEBEL
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.