Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BMA from Thimister-Clermont, company number BE0463104427, closed financial year 2025 with a result of € 27,144 after tax. For that financial year BMA recorded a gross margin of € 588,876 and equity of € 548,844. Compared with financial year 2024, the result moved from € 19,114 to € 27,144. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 548,844
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,144
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 17,921
▼ 43% 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 € 222,685.
People and assets in 2025
5
Average over the fiscal year, from the social balance sheet.
€ 203,638
▲ 40% vs 2024
€ 40,700 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.
€ 312,152
▲ 242% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 6% vs 2024
€ 211,581 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 600,112
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,635
▲ 89% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 620,382 | € 533,346 | € 589,128 | € 588,876 | |
| Profit after taxes | € 79,438 | € 55,435 | € 19,114 | € 27,144 | ▲ 42% |
| Equity | € 471,155 | € 533,963 | € 537,338 | € 548,844 | ▲ 2% |
| Total debts | € 4,462,244 | € 4,409,094 | € 4,755,437 | € 4,638,315 | ▼ 2% |
| Cash | € 288,332 | € 15,003 | € 31,184 | € 17,921 | ▼ 43% |
| Land & buildings | € 1,824,003 | € 1,675,595 | € 1,554,783 | € 1,398,667 | ▼ 10% |
| Retained profit | € 120,992 | € 176,427 | € 195,541 | € 222,685 | ▲ 14% |
| Bank debt | € 2,072,203 | € 2,019,593 | € 2,095,534 | € 1,972,088 | ▼ 6% |
| Balance sheet total | € 4,933,399 | € 4,943,057 | € 5,292,774 | € 5,187,159 | ▼ 2% |
| Employees (FTE) | 6.1 | 5 | 5 | 5 |
Key figures of BMA, 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 BMA?
What happened at BMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,144 (▲ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Thimister-Clermont. KBO
- New establishment in Verviers. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,438 profit in 2022 to € 27,144 profit in 2025.
Paid € 1,882 in corporate taxes since 2022.
Best year ever: 2022, with € 79,438 profit.
On average € 117,800 of value added per employee in 2025.
Management
Behind BMA is Bernard MUNSTER.
Directors
According to the 2025 annual accounts
Bernard MUNSTER
Director
Establishments
Establishment units
Physical locations of this company
Rue Abot 17
4890 Thimister-Clermont
Le Petit Clos 16
4802 Verviers
Active since 4 June 1998
Avenue Reine Astrid 149
4802 Verviers
Active since 1 April 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.104.427
- VAT number
- BE 0463.104.427
- Registered office
- Rue Abot 17, 4890 Thimister-Clermont
- Names & denominations
- BMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1998
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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