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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HARMATAN from Zedelgem, company number BE0867181186, closed financial year 2025 with a result of € -34,899 after tax. For that financial year HARMATAN recorded a gross margin of € 195,503 and equity of € 330,336. Compared with financial year 2024, the result moved from € 61,076 to € -34,899. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 330,336
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,899
▼ still € 61,076 profit in 2024
Profit after tax over the fiscal year.
€ 48,741
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -167,164.
People and assets in 2025
€ 145,399
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 6% vs 2024
€ 74,366 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 102,124
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,809
▲ € 87,602 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 | € 72,562 | € 103,463 | € 140,226 | € 195,503 | ▲ 39% |
| Profit after taxes | € 15,386 | € 43,745 | € 61,076 | € -34,899 | ▼ € 95,975 |
| Equity | € 260,415 | € 304,160 | € 365,235 | € 330,336 | ▼ 10% |
| Total debts | € 1,705,028 | € 2,082,062 | € 2,751,050 | € 2,476,613 | ▼ 10% |
| Cash | € 325,828 | € 427,514 | € 202,010 | € 48,741 | ▼ 76% |
| Land & buildings | € 581,315 | € 877,236 | € 1,664,518 | € 1,663,334 | |
| Retained profit | € -237,085 | € -193,340 | € -132,265 | € -167,164 | ▼ € 34,899 |
| Bank debt | € 393,419 | € 648,930 | € 1,176,687 | € 1,104,412 | ▼ 6% |
| Balance sheet total | € 1,974,495 | € 2,392,860 | € 3,120,510 | € 2,808,760 | ▼ 10% |
Key figures of HARMATAN, 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 HARMATAN?
What happened at HARMATAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 34,899 (▼ € 95,975 vs 2024). filed late Source: NBB ↗
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,386 profit in 2022 to € 34,899 loss in 2025.
Paid € 13,039 in corporate taxes since 2022.
Best year ever: 2024, with € 61,076 profit.
Management
Behind HARMATAN is Brigitte De Milliano. It owns 50% of Maximiliaan Breskens BV and 20% of BRICKVAST itself.
Directors
According to the 2025 annual accounts
Brigitte De Milliano
Director
Establishments
Establishment units
Physical locations of this company
Abdijhoek 10
8210 Zedelgem
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
- 0867.181.186
- VAT number
- BE 0867.181.186
- Registered office
- Abdijhoek 10, 8210 Zedelgem
- Names & denominations
- HARMATAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2004
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Gites, vakantiewoningen en -appartementen
Overige menselijke gezondheidszorg, n.e.g.
Vakantieverblijven en andere accommodatie voor kort verblijf, n.e.g.
Gastenkamers
Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen
Activiteiten op het gebied van voeding