ERMAL is a construction company in Oostende. Private Limited, started on 10 June 2022, 1 establishment.

What is the address of ERMAL?

The registered office of ERMAL is located at Dilbeeklaan 31, 8400 Oostende.

Is ERMAL still active?

Yes. According to the CBE (2 October 2026) ERMAL is active, legal situation “Normale toestand”, started on 10 June 2022.

Is ERMAL registered on Peppol?

Yes, ERMAL is registered on the Peppol network with ID 0208:0787164205.

What is the enterprise number of ERMAL?

The enterprise number of ERMAL is BE0787164205.

When was ERMAL founded?

ERMAL was founded on 10 June 2022.

Who are the directors of ERMAL?

According to the 2025 annual accounts, the directors of ERMAL are: Burim Musa.

Is ERMAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 June 2022; 3 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ERMAL make in 2025?

ERMAL recorded a loss after taxes of € 772 in financial year 2025.

What is the revenue of ERMAL?

As a small company, ERMAL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 118,639.

ERMAL (Private Limited) - Oostende - BE0787164205

Dossier ERMAL, printed on 2 October 2026 from databakkes.be/en/0787164205/ermal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

ERMAL from Oostende, company number BE0787164205, closed financial year 2025 with a result of € -772 after tax. For that financial year ERMAL recorded a gross margin of € 118,639 and equity of € 39,786. Compared with financial year 2024, the result moved from € -2,658 to € -772. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.

What it is worth Healthy

€ 39,786

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -772

▲ 71 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,264

▲ € 11,945 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 36,786.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 88,740

▲ 112% 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.

Vehicles and equipment

€ 75,809

▼ 18% vs 2024

Of which on lease € 33,747.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 64,593

▼ 24% vs 2024

€ 20,679 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 18,112

▼ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 6,483

▲ € 5,643 vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 89,448 Gross margin 2023: € 89,448 First fiscal year in the series	€ 56,417 Gross margin 2024: € 56,417 ▼ 37% vs 2023 (€ 89,448) Unfavourable step	€ 118,639 Gross margin 2025: € 118,639 ▲ 110% vs 2024 (€ 56,417) Favourable step	▲ 110%
Profit after taxes	€ 40,216 Profit after taxes 2023: € 40,216 First fiscal year in the series	€ -2,658 Profit after taxes 2024: € -2,658 ▼ € 42,874 vs 2023 (€ 40,216) Unfavourable step	€ -772 Profit after taxes 2025: € -772 ▲ € 1,886 vs 2024 (€ -2,658) Favourable step	▲ € 1,886
Equity	€ 43,216 Equity 2023: € 43,216 First fiscal year in the series	€ 40,558 Equity 2024: € 40,558 ▼ 6% vs 2023 (€ 43,216) Unfavourable step	€ 39,786 Equity 2025: € 39,786 ▼ 2% vs 2024 (€ 40,558) Unfavourable step	▼ 2%
Total debts	€ 73,469 Total debts 2023: € 73,469 First fiscal year in the series	€ 126,009 Total debts 2024: € 126,009 ▲ 72% vs 2023 (€ 73,469) Unfavourable step	€ 145,903 Total debts 2025: € 145,903 ▲ 16% vs 2024 (€ 126,009) Unfavourable step	▲ 16%
Cash	€ 13,791 Cash 2023: € 13,791 First fiscal year in the series	€ 2,319 Cash 2024: € 2,319 ▼ 83% vs 2023 (€ 13,791) Unfavourable step	€ 14,264 Cash 2025: € 14,264 ▲ € 11,945 vs 2024 (€ 2,319) Favourable step	▲ € 11,945
Retained profit	€ 40,216 Retained profit 2023: € 40,216 First fiscal year in the series	€ 37,558 Retained profit 2024: € 37,558 ▼ 7% vs 2023 (€ 40,216) Unfavourable step	€ 36,786 Retained profit 2025: € 36,786 ▼ 2% vs 2024 (€ 37,558) Unfavourable step	▼ 2%
Bank debt	€ 33,743 Bank debt 2023: € 33,743 First fiscal year in the series	€ 84,474 Bank debt 2024: € 84,474 ▲ 150% vs 2023 (€ 33,743) Unfavourable step	€ 64,593 Bank debt 2025: € 64,593 ▼ 24% vs 2024 (€ 84,474) Favourable step	▼ 24%
Balance sheet total	€ 116,684 Balance sheet total 2023: € 116,684 First fiscal year in the series	€ 166,567 Balance sheet total 2024: € 166,567 ▲ 43% vs 2023 (€ 116,684) Unchanged	€ 185,689 Balance sheet total 2025: € 185,689 ▲ 11% vs 2024 (€ 166,567) Unchanged	▲ 11%

Key figures of ERMAL, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.

What happened to ERMAL?

What happened at ERMAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 28, 2025 New annual accounts for financial year 2025: loss of € 772. Source: NBB ↗
Jun 10, 2022 New establishment in Oostende. KBO
Jun 10, 2022 Start of the company according to the CBE. KBO
2022 Burim Musa became a director. NBB

In short

From € 40,216 profit in 2023 to € 772 loss in 2025.

Paid € 10,156 in corporate taxes since 2023.

Best year ever: 2023, with € 40,216 profit.

Original PDFs at the National Bank ↗

A new publication or filing at ERMAL? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Burim Musa

ERMAL

Behind ERMAL is Burim Musa.

See the full network in the app

Directors

According to the 2025 annual accounts

Burim Musa

Director

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Dilbeeklaan 31

8400 Oostende

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0787.164.205

VAT number

BE 0787.164.205

Registered office

Dilbeeklaan 31, 8400 Oostende

Names & denominations

ERMAL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 June 2022

Peppol

Active · Active since 24 Nov 2023

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouw van autowegen en andere wegen

Bouwrijp maken van terreinen

Schrijnwerk

Slopen

View on CBE Public ↗ Annual accounts (NBB) ↗

ERMAL

Warning lights

Financials

What happened to ERMAL?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions