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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B-MAN from Kortrijk, company number BE0550780351, closed financial year 2025 with a result of € 192,464 after tax. For that financial year B-MAN recorded a gross margin of € 289,843 and equity of € 699,953. Compared with financial year 2024, the result moved from € 135,756 to € 192,464. Profitable, and profit is growing. 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 February 6, 2026.
€ 699,953
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,464
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 2,045
▲ 16% 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 € 672,958.
Debts at end 2025
€ 84,339
▲ 21% vs 2024
Loans from banks and other lenders, long and short.
€ 1,060
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,300
▼ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 128,808 | € 109,471 | € 209,432 | € 289,843 | ▲ 38% |
| Profit after taxes | € 168,445 | € 65,016 | € 135,756 | € 192,464 | ▲ 42% |
| Equity | € 310,450 | € 375,467 | € 507,489 | € 699,953 | ▲ 38% |
| Total debts | € 230,812 | € 215,815 | € 407,044 | € 385,405 | ▼ 5% |
| Cash | € 81,653 | € 81,762 | € 1,769 | € 2,045 | ▲ 16% |
| Retained profit | € 283,455 | € 348,471 | € 480,494 | € 672,958 | ▲ 40% |
| Dividend | € 0 | € 0 | € 3,733 | € 0 | ▼ 100% |
| Bank debt | € 115,074 | € 63,379 | € 69,850 | € 84,339 | ▲ 21% |
| Balance sheet total | € 541,263 | € 591,282 | € 914,533 | € 1,085,358 | ▲ 19% |
Key figures of B-MAN, 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 B-MAN?
What happened at B-MAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 192,464 (▲ 42% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Bart Vanhoutteghem became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 168,445 profit in 2022 to € 192,464 profit in 2025.
Paid € 263,606 in corporate taxes since 2022.
Best year ever: 2025, with € 192,464 profit.
Paid out € 3,733 in dividends to the owners in total.
Management
Behind B-MAN is Bart Vanhoutteghem. It owns 50% of Nele Tassaert Immo and 30.6% of Koraal Finance itself.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Veemarkt(Kor) 53 box 2
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0550.780.351
- VAT number
- BE 0550.780.351
- Registered office
- Veemarkt(Kor) 53 bus 2, 8500 Kortrijk
- Names & denominations
- B-MAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2014
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars