Financials
Financial year 2025
NEDERMAN from Sint-Pieters-Leeuw, company number BE0420715031, closed financial year 2025 with a result of € 381,351 after tax. For that financial year NEDERMAN recorded a gross margin of € 2.4 million and equity of € 193,269. Compared with financial year 2024, the result moved from € 576,651 to € 381,351. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 193,269
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 381,351
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 314,071
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
15.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 1% vs 2024
€ 116,100 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 464,857
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 743,418
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,109,674 | € 2,474,476 | € 2,676,766 | € 2,412,748 | ▼ 10% |
| Profit after taxes | € 349,015 | € 417,044 | € 576,651 | € 381,351 | ▼ 34% |
| Equity | € 318,222 | € 385,266 | € 211,917 | € 193,269 | ▼ 9% |
| Total debts | € 3,883,952 | € 3,100,976 | € 3,504,838 | € 1,920,924 | ▼ 45% |
| Cash | € 376,618 | € 289,970 | € 277,599 | € 314,071 | ▲ 13% |
| Retained profit | € 218,222 | € 285,266 | € 111,917 | € 93,269 | ▼ 17% |
| Dividend | € 260,000 | € 350,000 | € 750,000 | € 400,000 | ▼ 47% |
| Bank debt | € 0 | € 0 | € 168 | € 0 | ▼ 100% |
| Balance sheet total | € 4,202,173 | € 3,486,243 | € 3,716,755 | € 2,261,193 | ▼ 39% |
| Employees (FTE) | 15.7 | 15.6 | 16.3 | 15.8 | ▼ 0.5 |
Key figures of NEDERMAN, 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 NEDERMAN?
What happened at NEDERMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Ceule stepped down as director. NBB
- Emanuel Walravens stepped down as director. NBB
- Matthew Cusick stepped down as director. NBB
- Hans Dahlén stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 381,351 (▼ 34% vs 2024). Source: NBB ↗
- Geert Ceule became a director. NBB
- Emanuel Walravens became a director. NBB
- Matthew Cusick became a director. NBB
In short
From € 349,015 profit in 2022 to € 381,351 profit in 2025.
Paid € 653,800 in corporate taxes since 2022.
Best year ever: 2024, with € 576,651 profit.
On average € 152,700 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Matthew Cusick
Director
since 2022 · until 2028
Geert Ceule
Managing director
since 2026 · until 2032
Emanuel Walravens
Managing director
since 2025 · until 2031
Hans Dahlén
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Bergensesteenweg 181
1600 Sint-Pieters-Leeuw
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Cloudflare DNS
Domain
Domain
nederman.com
Registered
1996-08-19
Registrar
Abion AB
Expires
2026-08-18
Website info
Features
Security
Details
- Company number
- 0420.715.031
- VAT number
- BE 0420.715.031
- Registered office
- Bergensesteenweg 181, 1600 Sint-Pieters-Leeuw
- Names & denominations
- NEDERMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 1980
- Peppol
- Active · Active since 2 Jan 2026
- Contact
- nederman.com
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