ACTIVE

Merckx-Voeding

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Financial year 2025 · closed on 31/12/2025

Net result

7,5 k €

-88.0% YoY

Gross margin

883,5 k €

-8.5% YoY

Equity

1,1 M €

+0.7% YoY

Workforce

0,0 ETP

-100.0% YoY

What does Merckx-Voeding do?

Merckx-Voeding is a Private limited company incorporated in 1968. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.608.189

Incorporation

01/01/1968

Legal form

Private limited company

Registered office

Brusselsesteenweg 126
2800 Mechelen · FlandreSee on map

Contributed capital

18 592,02 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (2)

201
20201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	883,5 k €	-8.5%	965,7 k €	-1.8%	983,5 k €	+10.8%	887,8 k €	-9.6%	981,7 k €	-4.5%	1 M €	+5.6%	973,2 k €	-10.0%	1,1 M €	+17.5%	920,2 k €	+18.3%	777,5 k €	-4.1%	810,6 k €	+20.4%	673,3 k €	+24.4%	541,1 k €	+9.1%	496 k €	-11.0%	557,6 k €	-11.8%	631,9 k €	-9.5%	697,8 k €	+13.2%	616,3 k €
EBITDA	160,5 k €	-30.1%	229,5 k €	+1.3%	226,5 k €	+3.0%	220 k €	-31.0%	318,6 k €	+4.5%	304,9 k €	-29.9%	434,7 k €	-17.7%	528,2 k €	+38.4%	381,6 k €	+67.8%	227,4 k €	-26.0%	307,1 k €	+31.9%	232,8 k €	+98.1%	117,5 k €	+77.5%	66,2 k €	-64.3%	185,2 k €	-37.4%	295,7 k €	+19.2%	248,1 k €	+15.8%	214,3 k €
Operating result	7,9 k €	-91.5%	93,8 k €	+94.8%	48,1 k €	-20.5%	60,6 k €	-68.7%	193,4 k €	+39.6%	138,5 k €	-48.0%	266,3 k €	-26.3%	361,6 k €	+126%	160,3 k €	+1107%	13,3 k €	-78.9%	62,9 k €	+980%	-7,1 k €	+94.7%	-133,8 k €	-35.5%	-98,7 k €	-324%	44 k €	-74.6%	173 k €	+31.4%	131,6 k €	+10.1%	119,6 k €
Net result	7,5 k €	-88.0%	62,2 k €	+42.2%	43,7 k €	-30.2%	62,7 k €	-59.5%	154,7 k €	+80.8%	85,6 k €	-46.1%	158,8 k €	-45.8%	292,7 k €	+153%	115,8 k €	+44.0%	80,4 k €	+749%	9,5 k €	+113%	-72,1 k €	+60.8%	-183,8 k €	-51.0%	-121,7 k €	-603%	24,2 k €	-85.1%	162,4 k €	+104%	79,6 k €	-5.5%	84,3 k €
Balance sheet
Equity	1,1 M €	+0.7%	1 M €	+6.3%	987,6 k €	+4.6%	943,9 k €	+0.3%	941,3 k €	-8.6%	1 M €	+9.1%	943,8 k €	+20.2%	785 k €	+59.5%	492,3 k €	+30.7%	376,5 k €	+27.1%	296,1 k €	+3.3%	286,7 k €	-20.1%	358,8 k €	-31.3%	522,4 k €	-18.9%	644,2 k €	+3.9%	620 k €	+35.5%	457,6 k €	+21.1%	377,9 k €
Total assets	1,9 M €	+5.7%	1,8 M €	-6.9%	2 M €	+13.0%	1,7 M €	+0.7%	1,7 M €	-1.5%	1,8 M €	-10.3%	2 M €	+2.7%	1,9 M €	-5.5%	2 M €	+1.1%	2 M €	-15.7%	2,4 M €	-6.3%	2,5 M €	-15.4%	3 M €	+45.6%	2 M €	+8.6%	1,9 M €	+68.0%	1,1 M €	-4.1%	1,2 M €	+5.5%	1,1 M €
Cash	551,4 k €	+24.6%	442,7 k €	-3.4%	458,3 k €	+38.4%	331,1 k €	-0.1%	331,4 k €	-44.0%	591,9 k €	-11.9%	671,6 k €	+43.6%	467,8 k €	+2.5%	456,6 k €	+78.7%	255,5 k €	-16.1%	304,6 k €	+11.3%	273,6 k €	-42.0%	471,8 k €	-58.8%	1,1 M €	+9.4%	1 M €	+54.2%	679,5 k €	+7.9%	629,6 k €	+11.4%	565,2 k €
Debts	880,4 k €	+12.5%	782,9 k €	-20.1%	980,2 k €	+22.8%	798,1 k €	+1.3%	787,8 k €	+8.8%	724 k €	-28.7%	1 M €	-9.6%	1,1 M €	-26.4%	1,5 M €	-5.7%	1,6 M €	-21.8%	2,1 M €	-7.5%	2,2 M €	-14.7%	2,6 M €	+73.3%	1,5 M €	+23.0%	1,2 M €	+151%	491,4 k €	-24.9%	654,6 k €	-5.8%	695,3 k €
Other
Workforce	0,0 ETP	-100%	23,6 ETP	+2.2%	23,1 ETP	+24.9%	18,5 ETP	-12.7%	21,2 ETP	+1.9%	20,8 ETP	+13.0%	18,4 ETP	+4.5%	17,6 ETP	+4.8%	16,8 ETP	+1.8%	16,5 ETP	+1.2%	16,3 ETP	+10.9%	14,7 ETP	-3.3%	15,2 ETP	-7.3%	16,4 ETP	+10.1%	14,9 ETP	+2.1%	14,6 ETP	+2.1%	14,3 ETP	+47.4%	9,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Kristof MERCKX

Manager

Active

MEPHI

Director · 0806.529.363

Represented by Kristof Merckx

Active

Ended mandates

Kristof Merckx

Manager · since 20 octobre 2015

Ended

Jan Merckx

Director · since 25 mai 2007

Ended

Jan MERCKX

Manager · since 25 mai 2007

Ended

JAN MERCKX

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/03/2026	24/04/2025	29/04/2024	22/06/2023	23/06/2022	29/06/2021
General meeting	12/03/2026	20/04/2025	29/04/2024	30/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/03/2026	13/03/2026	Dutch	PDF
Abridged model	31/12/2024	20/04/2025	24/04/2025	Dutch	PDF
Abridged model	31/12/2023	29/04/2024	29/04/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	13/06/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	10/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	12/07/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	15/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Kristof MERCKX

Manager

Active

MEPHI

Director · 0806.529.363

Represented by Kristof Merckx

Active

Ended mandates

Kristof Merckx

Manager · since 20 octobre 2015

Ended

Jan Merckx

Director · since 25 mai 2007

Ended

Jan MERCKX

Manager · since 25 mai 2007

Ended

JAN MERCKX

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/06/2007
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20257,5 k €↓
2024
Annual accounts 202462,2 k €↑
2023
Annual accounts 202343,7 k €↓
2022
Annual accounts 202262,7 k €↓
2021
Annual accounts 2021154,7 k €↑
2018
Annual accounts 201885,6 k €↓
2017
Annual accounts 2017158,8 k €↓
2016
Annual accounts 2016292,7 k €↑
2015
Annual accounts 2015115,8 k €↑
2014
Annual accounts 201480,4 k €↑
2013
Annual accounts 20139,5 k €↑
2012
Annual accounts 2012-72,1 k €↑
2011
Annual accounts 2011-183,8 k €↓
2010
Annual accounts 2010-121,7 k €↓
2009
Annual accounts 200924,2 k €↓
2008
Annual accounts 2008162,4 k €↑
2007
Annual accounts 200779,6 k €↓
2006
Annual accounts 200684,3 k €
01/01/1968
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Merckx-Voeding

Overview

What does Merckx-Voeding do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline