Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Etablissementen Van Moer from Hulshout, company number BE0403629965, closed financial year 2023 with a result of € 2.5 million after tax. For that financial year Etablissementen Van Moer recorded revenue of € 38 million and equity of € 19.3 million. Compared with financial year 2022, the result moved from € 3.2 million to € 2.5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2024.
€ 19.3 million
▼ 11% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.5 million
▼ 22% vs 2022
Profit after tax over the fiscal year.
€ 521,148
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
67
▼ 3.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 4% vs 2022
€ 54,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 157,254
▲ 105% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 2.5 million
▲ 23% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 563,328
▼ 25% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 35,018,189 | € 38,041,275 | ▲ 9% |
| Profit after taxes | € 3,226,186 | € 2,527,629 | ▼ 22% |
| Equity | € 21,796,673 | € 19,324,302 | ▼ 11% |
| Total debts | € 3,302,018 | € 3,474,417 | ▲ 5% |
| Cash | € 2,805,254 | € 521,148 | ▼ 81% |
| Land & buildings | € 1,246,898 | € 1,548,428 | ▲ 24% |
| Retained profit | € 20,084,209 | € 17,611,838 | ▼ 12% |
| Dividend | € 0 | € 5,000,000 | |
| Balance sheet total | € 25,248,691 | € 22,798,719 | ▼ 10% |
| Employees (FTE) | 70.8 | 67 | ▼ 3.8 |
Key figures of Etablissementen Van Moer, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Etablissementen Van Moer?
What happened at Etablissementen Van Moer in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Femlyn BV stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 2.5 million (▼ 22% vs 2022). Source: NBB ↗
- Philip Kars stepped down as director. NBB
- Femlyn BV became a director. NBB
- Philip Kars became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hulshout. KBO
In short
From € 3.2 million profit in 2022 to € 2.5 million profit in 2023.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.2 million profit.
Paid out € 5 million in dividends to the owners in total.
Management
The stake of VM Workwear Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Etablissementen Van MoerThe shares are held by VM Workwear Group (100%). It owns 100% of Van Moer Nederland itself.
Directors
According to the 2023 annual accounts
since 2021 · until 2026
Philip Kars
bestuurder
since 2018 · until 2024
Shareholders
100%
Participations
Van Moer Nederland
100%
Establishments
Establishment units
Physical locations of this company
Vaartstraat 70
2235 Hulshout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.629.965
- VAT number
- BE 0403.629.965
- Registered office
- Vaartstraat 70, 2235 Hulshout
- Names & denominations
- Etablissementen Van Moer
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Vervaardiging van werkkleding
Confectie van bovenkleding voor heren, dames en kinderen
Vervaardiging van bovenkleding
Vervaardiging van andere bovenkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in kleding, met uitzondering van werk- en onderkleding