Financials
Financial year 2025
MOYART from Gent, company number BE0426153761, closed financial year 2025 with a result of € 3,009 after tax. For that financial year MOYART recorded a gross margin of € 52,860 and equity of € 118,242. Compared with financial year 2024, the result moved from € 9,574 to € 3,009. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 118,242
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,009
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 37,271
▼ 15% 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 € 99,650.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 38,982
▼ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 979
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,869
▼ 9% vs 2024
€ 4,074 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4,577
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,176
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,347 | € 119,746 | € 65,810 | € 52,860 | ▼ 20% |
| Profit after taxes | € 10,575 | € 17,368 | € 9,574 | € 3,009 | ▼ 69% |
| Equity | € 144,891 | € 130,659 | € 115,233 | € 118,242 | ▲ 3% |
| Total debts | € 26,873 | € 36,068 | € 80,089 | € 55,185 | ▼ 31% |
| Cash | € 76,601 | € 65,583 | € 43,766 | € 37,271 | ▼ 15% |
| Land & buildings | € 20,891 | € 17,270 | € 72,793 | € 86,051 | ▲ 18% |
| Retained profit | € 126,299 | € 112,067 | € 96,641 | € 99,650 | ▲ 3% |
| Dividend | € 0 | € 31,600 | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 1,458 | € 0 | € 43,786 | € 39,869 | ▼ 9% |
| Balance sheet total | € 171,764 | € 166,727 | € 195,322 | € 173,427 | ▼ 11% |
Key figures of MOYART, 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 MOYART?
What happened at MOYART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,009 (▼ 69% vs 2024). Source: NBB ↗
- Emmanuelle Verhagen became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,575 profit in 2022 to € 3,009 profit in 2025.
Paid € 14,751 in corporate taxes since 2022.
Best year ever: 2023, with € 17,368 profit.
Paid out € 56,600 in dividends to the owners in total.
Management
Behind MOYART is Emmanuelle Verhagen.
Directors
According to the 2025 annual accounts
Emmanuelle Verhagen
Bestuurder
since 2023
Establishments
Establishment units
Physical locations of this company
Martelaarslaan 350
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.153.761
- VAT number
- BE 0426.153.761
- Registered office
- Martelaarslaan 350, 9000 Gent
- Names & denominations
- MOYART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1984
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
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