Financials
Financial year 2025
KURMAR from Balen, company number BE0631856614, closed financial year 2025 with a result of € 47,101 after tax. For that financial year KURMAR recorded a gross margin of € 315,646 and equity of € 86,664. Compared with financial year 2024, the result moved from € 66,284 to € 47,101. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 86,664
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,101
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 162,279
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 47,101 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
5.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 226,496
▲ 15% vs 2024
€ 38,400 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.
€ 7,129
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,749
▼ 70% vs 2024
Loans from banks and other lenders, long and short.
€ 89,779
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,149
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 204,366 | € 164,854 | € 308,642 | € 315,646 | ▲ 2% |
| Profit after taxes | € 5,529 | € -31,287 | € 66,284 | € 47,101 | ▼ 29% |
| Equity | € 53,267 | € 21,980 | € 86,664 | € 86,664 | |
| Total debts | € 100,924 | € 123,534 | € 126,286 | € 171,748 | ▲ 36% |
| Cash | € 37,756 | € 47,962 | € 121,674 | € 162,279 | ▲ 33% |
| Retained profit | € 28,267 | € -3,020 | € 61,664 | € 61,664 | |
| Dividend | € 1,600 | € 0 | € 1,600 | € 47,101 | ▲ € 45,501 |
| Bank debt | € 39,831 | € 27,118 | € 16,021 | € 4,749 | ▼ 70% |
| Balance sheet total | € 154,191 | € 145,514 | € 212,950 | € 258,412 | ▲ 21% |
| Employees (FTE) | 5.6 | 4.5 | 6 | 5.9 | ▼ 0.1 |
Key figures of KURMAR, 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 KURMAR?
What happened at KURMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,101 (▼ 29% vs 2024). Source: NBB ↗
- Marcia Ribeiro Da Silva Peeters became a director. NBB
- New establishment in Balen. KBO
- Kurt Vancraeynest became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,529 profit in 2022 to € 47,101 profit in 2025.
Paid € 30,295 in corporate taxes since 2022.
Best year ever: 2024, with € 66,284 profit.
On average € 53,500 of value added per employee in 2025.
Management
Behind KURMAR are Kurt Vancraeynest and Marcia Ribeiro Da Silva Peeters.
Directors
According to the 2025 annual accounts
Kurt Vancraeynest
Director
since 2015
Marcia Ribeiro Da Silva Peeters
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Molsesteenweg 127
2490 Balen
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
Self-hosted
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
Website info
Features
Security
Network
Details
- Company number
- 0631.856.614
- VAT number
- BE 0631.856.614
- Registered office
- Molsesteenweg 127, 2490 Balen
- Names & denominations
- KURMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 June 2015
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- tavernewesthoek.be
- Activities · NACE
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