ACTIVE

Merck Chemicals NV/SA

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Financial year 2025 · Closed on 31/12/2025

Net result112,4 k €-99,3 %over 1 year

Revenue2,2 M €-38,2 %over 1 year

Equity71,1 M €+0,2 %over 1 year

Workforce9,6 ETP+24,7 %over 1 year

Identity

Source · BCE/KBO

Merck Chemicals NV/SA is a Public limited company incorporated in 1971. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Hoeilaart. It employs on average 9,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0408.308.434
Incorporation: 19/05/1971
Legal form: Public limited company
Registered office: Ildefonse Vandammestraat 5/7B
1560 Hoeilaart · FlandreSee on map
Contributed capital: 5 762 000,00 €
Latest accounts: 31/12/2025
Average workforce: 9,6 ETP

Activities (NACE)

28295Manufacture of other general-purpose machinery n.e.c.· main 28295Manufacture of other general-purpose machinery n.e.c.71209Technical testing and analysis 71209Technical testing and analysis 74302Translation and interpretation activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,2 M €	-38.2%	3,5 M €	+14.3%	3 M €	-24.0%	4 M €	+1.1%	4 M €
EBITDA	-38,4 k €	-128%	139,4 k €	+299%	-70 k €	-110%	692,7 k €	+45.0%	477,6 k €
Operating result	-32,1 k €	-123%	139,6 k €	+195%	-146,8 k €	-124%	623,9 k €	+38.2%	451,3 k €
Net result	112,4 k €	-99.3%	15,3 M €	+16.9%	13,1 M €	-71.0%	45 M €	+14567%	-311,1 k €
Balance sheet
Equity	71,1 M €	+0.2%	71 M €	+2.6%	69,2 M €	-0.2%	69,3 M €	+185%	24,3 M €
Total assets	71,6 M €	-15.6%	84,8 M €	+22.0%	69,5 M €	-0.8%	70,1 M €	+0.4%	69,8 M €
Cash	–		–		–		–		–
Debts	499,1 k €	-96.4%	13,9 M €	+4194%	323,1 k €	-56.1%	736,1 k €	-98.4%	45,4 M €
Other
Workforce	9,6 ETP	+24.7%	7,7 ETP	+1.3%	7,6 ETP	+18.7%	6,4 ETP	-68.9%	20,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 35 ended

Active mandates

Susan King-Barnardo

Managing director · since 01 mai 2026 · until 31 octobre 2026

Active

Spasena Ivanova Yotova

Director · since 01 avril 2025 · until 21 juin 2030

Active

Benoit ELICHABE

Director · since 01 juin 2021 · until 30 avril 2026

Active

Ended mandates

Christian DUERR

Director · since 26 juillet 2021 · until 31 décembre 2021

Ended

Benoit ELICHABE

Director · since 01 juin 2021 · until 01 juin 2027

Ended

Benoît ELICHABE

Managing director · since 01 juin 2021 · until 01 juin 2027

Ended

Spasena Ivanova YOTOVA

Director · since 01 avril 2019 · until 31 mars 2025

Ended

Other companies at this address

Ildefonse Vandammestraat 5/7B 1560 Hoeilaart

Company	CBE no.
MERCK● Active	0403.047.965
MERCK LIFE SCIENCE● Active	0425.578.392
Merck Life Science MPS● Active	1028.062.616

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	19/06/2026	27/06/2025	25/06/2024	19/06/2023	26/07/2022	28/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	25/07/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	19/06/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	25/07/2022	26/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	19/06/2020	03/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	19/06/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	05/07/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	17/07/2015	18/08/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	09/07/2014	Dutch	PDF
Full model	31/12/2012	29/03/2013	30/07/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	06/07/2012	Dutch	PDF
Full model	31/12/2010	24/06/2011	01/08/2011	Dutch	PDF
Full modelCorrection	31/12/2009	30/06/2010	05/08/2010	Dutch	PDF
Full model	31/12/2009	30/06/2010	05/07/2010	Dutch	PDF
Full modelCorrection	31/12/2008	30/06/2009	18/08/2009	Dutch	PDF
Full model	31/12/2008	30/06/2009	30/06/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	01/07/2008	Dutch	PDF
Full modelCorrection	31/12/2006	16/04/2007	25/07/2007	Dutch	PDF
Full model	31/12/2006	16/04/2007	29/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 35 ended

Active mandates

Susan King-Barnardo

Managing director · since 01 mai 2026 · until 31 octobre 2026

Active

Spasena Ivanova Yotova

Director · since 01 avril 2025 · until 21 juin 2030

Active

Benoit ELICHABE

Director · since 01 juin 2021 · until 30 avril 2026

Active

Ended mandates

Christian DUERR

Director · since 26 juillet 2021 · until 31 décembre 2021

Ended

Benoit ELICHABE

Director · since 01 juin 2021 · until 01 juin 2027

Ended

Benoît ELICHABE

Managing director · since 01 juin 2021 · until 01 juin 2027

Ended

Spasena Ivanova YOTOVA

Director · since 01 avril 2019 · until 31 mars 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/08/2026
Herbenoeming van de commissaris
PDF
Mandates03/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates03/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

01/05/2026
nominationSusan King-Barnardo — bestuurder
11/03/2026
augmentation_capital
2025
Annual accounts 2025112,4 k €↓
01/04/2025
reconductionSpasena Yotova — bestuurder
2024
Annual accounts 202415,3 M €↑
2023
Annual accounts 202313,1 M €↓
16/06/2023
nominationDeloitte Bedrijfsrevisoren/Réviseurs d'Entreprises — commissaris
2022
Annual accounts 202245 M €↑
25/07/2022
reconductionOlivier Declercq — vaste vertegenwoordiger (commissaris)
2021
Annual accounts 2021-311,1 k €↓
2020
Annual accounts 20203,6 M €↓
2019
Annual accounts 20193,8 M €↓
2018
Annual accounts 20185 M €↑
2017
Annual accounts 20171,2 M €↓
2016
Annual accounts 20164,4 M €↑
2015
Annual accounts 2015158,8 k €↑
2014
Annual accounts 2014-741,5 k €↓
2013
Annual accounts 2013-316,2 k €↓
2013
Name changeMerck Chemicals
2012
Annual accounts 2012242,7 k €↓
2011
Annual accounts 2011905,2 k €↑
2010
Annual accounts 2010862,6 k €↑
2009
Annual accounts 2009777,3 k €↑
2008
Annual accounts 2008632,6 k €↓
2007
Annual accounts 20071,1 M €↑
2006
Annual accounts 2006389,1 k €
2006
Name changeMillipore
19/05/1971
IncorporationPublic limited company

Merck Chemicals NV/SA

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline