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 4 of the last 4 fiscal years.
Financials
Financial year 2025
KERAMICO from Oostende, company number BE0873150844, closed financial year 2025 with a result of € 4,348 after tax. For that financial year KERAMICO recorded a gross margin of € 6,132 and equity of € -4,431. Compared with financial year 2024, the result moved from € 20,835 to € 4,348. 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 April 29, 2026.
€ -4,431
▲ € 4,348 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,348
▼ 79% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -23,031.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 8,644
Loans from banks and other lenders, long and short.
€ 48,366
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,101 | € 31,657 | € 27,631 | € 6,132 | ▼ 78% |
| Profit after taxes | € 13,344 | € 25,601 | € 20,835 | € 4,348 | ▼ 79% |
| Equity | € -55,214 | € -29,613 | € -8,779 | € -4,431 | ▲ € 4,348 |
| Total debts | € 107,362 | € 83,560 | € 46,616 | € 66,626 | ▲ 43% |
| Cash | € 3,120 | € 1,796 | € 4,854 | - | |
| Retained profit | € -73,814 | € -48,213 | € -27,379 | € -23,031 | ▲ € 4,348 |
| Bank debt | € 13,853 | € 0 | € 0 | € 8,644 | |
| Balance sheet total | € 52,148 | € 53,947 | € 37,837 | € 62,195 | ▲ 64% |
Key figures of KERAMICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to KERAMICO?
What happened at KERAMICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,348 (▼ 79% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Oostende. KBO
In short
From € 13,344 profit in 2022 to € 4,348 profit in 2025.
Best year ever: 2023, with € 25,601 profit.
Management
Behind KERAMICO is Georges Vermeulen. Georges Vermeulen is also behind STOA, INVESTIVA and PROJECT INTERNATIONAL.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 275 box 303
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0873.150.844
- VAT number
- BE 0873.150.844
- Registered office
- Torhoutsesteenweg 275 bus 303, 8400 Oostende
- Names & denominations
- KERAMICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2005
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Groothandel in bouwmaterialen, algemeen assortiment
Ontwikkeling van residentiële bouwprojecten
Overige gespecialiseerde bouwactiviteiten, neg
Plaatsen van vloer- en wandtegels
Overige gespecialiseerde werkzaamheden in de bouw
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
+2