Financials
Financial year 2025
NØRMAN from Zonnebeke, company number BE0794262130, closed financial year 2025 with a result of € 176,122 after tax. For that financial year NØRMAN recorded a gross margin of € 702,053 and equity of € 617,198. Compared with financial year 2024, the result moved from € 219,767 to € 176,122. The company is profitable. 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 July 18, 2026.
€ 617,198
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 176,122
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 392,495
▲ 78% 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 € 311,695.
People and assets in 2025
€ 413,356
▲ 53% 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.
€ 173,767
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 105,697
▲ 34% vs 2024
€ 34,339 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 184,649
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 174,332
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -26,235 | € 577,754 | € 702,053 | ▲ 22% |
| Profit after taxes | € -84,194 | € 219,767 | € 176,122 | ▼ 20% |
| Equity | € 215,806 | € 441,076 | € 617,198 | ▲ 40% |
| Total debts | € 196,724 | € 329,080 | € 512,746 | ▲ 56% |
| Cash | € 48,015 | € 220,831 | € 392,495 | ▲ 78% |
| Retained profit | € -84,194 | € 135,573 | € 311,695 | ▲ 130% |
| Bank debt | € 25,215 | € 79,157 | € 105,697 | ▲ 34% |
| Balance sheet total | € 412,530 | € 770,156 | € 1,129,943 | ▲ 47% |
Key figures of NØRMAN, fiscal years 2023 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 NØRMAN?
What happened at NØRMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mithras BV stepped down as director. NBB
- Sibecon BV stepped down as director. NBB
- Edward De Visschere BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 176,122 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Houthulst. KBO
- Mithras BV became a director. NBB
- Sibecon BV became a director. NBB
- Edward De Visschere BV became a director. NBB
In short
From € 84,194 loss in 2023 to € 176,122 profit in 2025.
Paid € 89,048 in corporate taxes since 2023.
Best year ever: 2024, with € 219,767 profit.
A new publication or filing at NØRMAN? We notify you, reason included.
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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
The stake of MITHRAS, SIBECON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NØRMANThe shares are held by MITHRAS (25%) and SIBECON (25%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk Desnoeck Van Eeckhoutte
Also active at: TIMMERMAN ENERGY & HEAT SOLUTIONS, EVALEUR
since 2022 · until 2028
Managing director · represented by Bert Sioen
since 2022 · until 2028
Managing director · represented by Edward De Visschere
since 2022 · until 2028
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kloosterlaan 10
8980 Zonnebeke
Melanedreef 6
8650 Houthulst
Active since 17 August 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0794.262.130
- VAT number
- BE 0794.262.130
- Registered office
- Kloosterlaan 10, 8980 Zonnebeke
- Names & denominations
- NØRMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 30 November 2022
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Verspanend bewerken van metalen
Installatie van industriële machines, toestellen en werktuigen
Reparatie en onderhoud van machines
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts