Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2026
HARMEL MANAGEMENT from Elsene, company number BE0788400459, closed financial year 2026 with a result of € 57,008 after tax. For that financial year HARMEL MANAGEMENT recorded a gross margin of € 77,955 and equity of € -992. Compared with financial year 2025, the result moved from € 67,390 to € 57,008. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ -992
▼ € 69,382 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,008
▼ 15% vs 2025
Profit after tax over the fiscal year.
€ 59,341
▲ 42% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 126,390 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4,096
▲ € 3,862 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 125,317 | € 145,503 | € 94,199 | € 77,955 | ▼ 17% |
| Profit after taxes | € 98,159 | € 113,837 | € 67,390 | € 57,008 | ▼ 15% |
| Equity | € 115,842 | € 229,679 | € 68,390 | € -992 | ▼ € 69,382 |
| Total debts | € 32,592 | € 33,339 | € 1,283 | € 71,426 | ▲ € 70,143 |
| Cash | € 132,342 | € 216,412 | € 41,680 | € 59,341 | ▲ 42% |
| Retained profit | € 114,842 | € 228,679 | € 67,390 | € -1,992 | ▼ € 69,382 |
| Dividend | € 0 | € 0 | € 228,679 | € 126,390 | ▼ 45% |
| Balance sheet total | € 148,433 | € 263,018 | € 69,674 | € 70,434 | ▲ 1% |
Key figures of HARMEL MANAGEMENT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 10 February 2028.
What happened to HARMEL MANAGEMENT?
What happened at HARMEL MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 57,008 (▼ 15% vs 2025). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- Adrien HARMEL became a director. NBB
In short
From € 98,159 profit in 2023 to € 57,008 profit in 2026.
Paid € 106,015 in corporate taxes since 2023.
Best year ever: 2024, with € 113,837 profit.
Paid out € 355,069 in dividends to the owners in total.
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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
Management
Behind HARMEL MANAGEMENT is Adrien HARMEL.
Directors
According to the 2026 annual accounts
Adrien HARMEL
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Joseph Stallaertstraat 9
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.400.459
- VAT number
- BE 0788.400.459
- Registered office
- Joseph Stallaertstraat 9, 1050 Elsene
- Names & denominations
- HARMEL MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2022
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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