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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
113 other companies have their registered office at the same address; threshold 10.
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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
NERM from Brussel, company number BE0419156202, closed financial year 2025 with a result of € 14,730 after tax. For that financial year NERM recorded a gross margin of € 20,430 and equity of € -108,596. Compared with financial year 2024, the result moved from € -77,348 to € 14,730. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ -108,596
▲ € 14,730 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,730
▲ still € 77,348 loss in 2024
Profit after tax over the fiscal year.
€ 6,113
▲ € 5,977 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.4 million.
Debts at end 2025
€ 36,064
▼ 26% vs 2024
€ 13,928 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,331 | - | - | - | |
| Gross margin | € 1,824 | € 72,106 | € 5,685 | € 20,430 | ▲ 259% |
| Profit after taxes | € -85,998 | € -20,711 | € -77,348 | € 14,730 | ▲ € 92,078 |
| Equity | € -25,267 | € -45,978 | € -123,326 | € -108,596 | ▲ € 14,730 |
| Total debts | € 176,351 | € 122,100 | € 153,295 | € 126,128 | ▼ 18% |
| Cash | - | € 122 | € 136 | € 6,113 | ▲ € 5,977 |
| Land & buildings | € 150,000 | € 75,000 | - | - | |
| Retained profit | € -1,273,267 | € -1,293,978 | € -1,371,326 | € -1,356,596 | ▲ € 14,730 |
| Bank debt | € 72,995 | € 60,254 | € 48,732 | € 36,064 | ▼ 26% |
| Balance sheet total | € 151,084 | € 76,122 | € 29,969 | € 17,532 | ▼ 41% |
Key figures of NERM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to NERM?
What happened at NERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,730. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,998 loss in 2022 to € 14,730 profit in 2025.
Best year ever: 2025, with € 14,730 profit.
A new publication or filing at NERM? We notify you, reason included.
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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
Behind NERM are Patrick Vyvey and Kathleen Valcke.
Directors
According to the 2025 annual accounts
Patrick Vyvey
Director
Kathleen Valcke
Director
Establishments
Establishment units
Physical locations of this company
Congresstraat 35
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 113 companies are registered at this address.
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International Council of Medical Acupuncture and Related Techniques
+108 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.156.202
- VAT number
- BE 0419.156.202
- Registered office
- Congresstraat 35, 1000 Brussel
- Names & denominations
- NERM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1979
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Activiteiten van bouwarchitecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen
Groothandel in huishoudtextiel en beddengoed
Handel in eigen onroerend goed
+2