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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Tormeco from Torhout, company number BE0405222349, closed financial year 2025 with a result of € 41,878 after tax. For that financial year Tormeco recorded a gross margin of € 95,719 and equity of € 278,183. Compared with financial year 2024, the result moved from € 47,499 to € 41,878. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 278,183
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,878
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 85,762
▲ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 526 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 715,000
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 262
Supplier invoices still open on the last day of the fiscal year.
€ 679
▲ 34% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,915 | € 83,381 | € 94,154 | € 95,719 | ▲ 2% |
| Profit after taxes | € 52,284 | € 36,363 | € 47,499 | € 41,878 | ▼ 12% |
| Equity | € 170,619 | € 206,982 | € 254,481 | € 278,183 | ▲ 9% |
| Total debts | € 935,699 | € 823,229 | € 754,642 | € 738,445 | ▼ 2% |
| Cash | € 71,423 | € 28,434 | € 45,385 | € 85,762 | ▲ 89% |
| Land & buildings | € 1,032,106 | € 995,130 | € 958,154 | € 921,178 | ▼ 4% |
| Retained profit | € -114,781 | € -78,418 | € -30,920 | € 10,432 | ▲ € 41,352 |
| Dividend | € 0 | € 0 | € 0 | € 526 | |
| Bank debt | € 881,173 | € 777,500 | € 750,000 | € 715,000 | ▼ 5% |
| Balance sheet total | € 1,106,319 | € 1,030,211 | € 1,009,123 | € 1,016,627 | ▲ 1% |
Key figures of Tormeco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Tormeco?
What happened at Tormeco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,878 (▼ 12% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Torhout. KBO
In short
From € 52,284 profit in 2022 to € 41,878 profit in 2025.
Paid € 1,001 in corporate taxes since 2022.
Best year ever: 2022, with € 52,284 profit.
Paid out € 526 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Industrielaan 27
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.222.349
- VAT number
- BE 0405.222.349
- Registered office
- Industrielaan 27, 8820 Torhout
- Names & denominations
- Tormeco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan