Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
HORMANN BELGIUM from Tongeren-Borgloon, company number BE0417609051, closed financial year 2025 with a result of € -103,952 after tax. For that financial year HORMANN BELGIUM recorded revenue of € 49.1 million and equity of € 13.8 million. Compared with financial year 2024, the result moved from € -237 to € -103,952. The company made a loss. 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 July 1, 2026.
€ 13.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,952
▼ 43723 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6.2 million
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13.6 million.
People and assets in 2025
89.6
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.3 million
▲ 5% vs 2024
€ 81,000 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.
€ 1.3 million
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.6 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 1.4 million
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 54,621,958 | € 54,823,774 | € 51,750,023 | € 49,052,359 | ▼ 5% |
| Profit after taxes | € 399,627 | € 606,155 | € -237 | € -103,952 | ▼ € 103,715 |
| Equity | € 23,256,759 | € 13,862,914 | € 13,862,677 | € 13,758,725 | ▼ 1% |
| Total debts | € 4,831,481 | € 4,508,982 | € 4,605,713 | € 5,030,418 | ▲ 9% |
| Cash | € 13,127,410 | € 3,940,655 | € 6,540,217 | € 6,225,759 | ▼ 5% |
| Land & buildings | € 1,468,081 | € 1,371,202 | € 1,065,848 | € 933,447 | ▼ 12% |
| Retained profit | € 23,131,759 | € 13,737,914 | € 13,737,677 | € 13,633,725 | ▼ 1% |
| Dividend | € 0 | € 10,000,000 | € 0 | € 0 | |
| Balance sheet total | € 28,088,241 | € 18,371,896 | € 18,468,390 | € 18,789,143 | ▲ 2% |
| Employees (FTE) | 77.9 | 82.8 | 90.7 | 89.6 | ▼ 1.1 |
Key figures of HORMANN BELGIUM, 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 HORMANN BELGIUM?
What happened at HORMANN BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CHRISTOPH HÖRMANN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 103,952. Source: NBB ↗
- CHRISTOPH HÖRMANN became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Tongeren-Borgloon. KBO
In short
From € 399,627 profit in 2022 to € 103,952 loss in 2025.
Paid € 527,937 in corporate taxes since 2022.
Best year ever: 2023, with € 606,155 profit.
Paid out € 10 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Hörmann KG (99.9%).
Directors
According to the 2025 annual accounts
CHRISTOPH HÖRMANN
Director
since 2022 · until 2028
Shareholders
Hörmann KG
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vrijheidweg 13
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
hormann.be
Registered
1997-06-16
Website info
Features
Security
Network
Details
- Company number
- 0417.609.051
- VAT number
- BE 0417.609.051
- Registered office
- Vrijheidweg 13, 3700 Tongeren-Borgloon
- Names & denominations
- HORMANN BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1977
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- hormann.be
- Activities · NACE
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