ACTIVE

MEREG

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Financial year 2025 · closed on 31/12/2025

Net result

55,3 k €

+2660.6% YoY

Gross margin

756,9 k €

+16.0% YoY

Equity

641 k €

+9.4% YoY

Workforce

0,0 ETP

-100.0% YoY

What does MEREG do?

MEREG is a Private limited company incorporated in 1972. Its main activity is: Wholesale of other household goods. Its registered office is in Zutendaal.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.878.421

Incorporation

29/12/1972

Legal form

Private limited company

Registered office

Langendijkstraat 13
3690 Zutendaal · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

46499Wholesale of other household goods· main 46499Wholesale of other household goods 46610Wholesale of agricultural machinery, equipment and supplies 46610Wholesale of agricultural machinery, equipment and supplies 51880Air transport 43240Electrical, plumbing and other construction installation activities+5

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	756,9 k €	+16.0%	652,5 k €	-12.7%	747,6 k €	+21.8%	614 k €	+10.2%	557,2 k €	-5.1%	587 k €	+3.5%	567,1 k €	+37.2%	413,5 k €	+12.2%	368,6 k €	-2.3%	377,1 k €	-10.2%	419,8 k €	-41.6%	718,6 k €	-37.7%	1,2 M €	+16.1%	992,9 k €	+21.7%	816 k €	-6.6%	873,2 k €	-1.5%	886,9 k €	-4.9%	932,1 k €	+17.4%	793,8 k €	-7.0%	853,3 k €
EBITDA	121,8 k €	+216%	38,5 k €	-32.3%	56,8 k €	+94.0%	29,3 k €	+4.2%	28,1 k €	+3.1%	27,3 k €	-23.9%	35,8 k €	+98.2%	18,1 k €	-24.7%	24 k €	+10.9%	21,6 k €	-74.6%	85,3 k €	-61.7%	222,9 k €	-37.2%	355,1 k €	+59.1%	223,2 k €	+82.2%	122,5 k €	-16.5%	146,7 k €	-4.1%	153 k €	+49.5%	102,3 k €	+5.1%	97,3 k €	-4.0%	101,4 k €
Operating result	105,8 k €	+362%	22,9 k €	-36.4%	36 k €	+204%	11,8 k €	-9.7%	13,1 k €	+42.5%	9,2 k €	-48.1%	17,7 k €	+56.6%	11,3 k €	-16.8%	13,6 k €	+22.0%	11,2 k €	-84.6%	72,3 k €	-59.6%	179 k €	-42.5%	311,3 k €	+67.8%	185,5 k €	+114%	86,7 k €	-24.1%	114,3 k €	+5.5%	108,3 k €	+49.6%	72,4 k €	+13.5%	63,8 k €	+12.9%	56,5 k €
Net result	55,3 k €	+2661%	2 k €	-79.9%	10 k €	+24.0%	8,1 k €	+29.2%	6,2 k €	+88.9%	3,3 k €	-30.3%	4,7 k €	+661%	623 €	-77.9%	2,8 k €	+108%	-33,4 k €	-176%	43,8 k €	-58.9%	106,5 k €	-35.3%	164,6 k €	+546%	25,5 k €	-44.5%	46 k €	-20.6%	57,9 k €	+67.6%	34,5 k €	+6.1%	32,6 k €	+6.1%	30,7 k €	-25.9%	41,4 k €
Balance sheet
Equity	641 k €	+9.4%	585,7 k €	+0.3%	583,7 k €	+1.7%	573,7 k €	+1.4%	565,7 k €	+1.1%	559,4 k €	+0.6%	556,1 k €	+0.9%	551,4 k €	+0.1%	550,8 k €	+0.5%	547,9 k €	-5.7%	581,3 k €	+8.1%	537,5 k €	-35.3%	831,3 k €	+24.7%	666,8 k €	-7.8%	722,9 k €	+6.8%	676,9 k €	+8.8%	621,9 k €	+5.9%	587,4 k €	+5.9%	554,8 k €	+5.9%	524,1 k €
Total assets	1,5 M €	+1.6%	1,5 M €	+0.8%	1,5 M €	-4.6%	1,5 M €	+7.5%	1,4 M €	-1.8%	1,4 M €	-0.5%	1,4 M €	+1.5%	1,4 M €	-13.4%	1,6 M €	+39.4%	1,2 M €	-10.0%	1,3 M €	-0.2%	1,3 M €	-15.6%	1,6 M €	-12.0%	1,8 M €	+12.3%	1,6 M €	+2.9%	1,5 M €	-12.8%	1,8 M €	-7.2%	1,9 M €	+36.6%	1,4 M €	-15.0%	1,6 M €
Cash	20,3 k €	+5.3%	19,3 k €	-42.3%	33,5 k €	-14.4%	39,1 k €	-4.3%	40,9 k €	-61.9%	107,2 k €	+3634%	2,9 k €	-75.0%	11,5 k €	-86.4%	84,7 k €	+357%	18,6 k €	-88.8%	165,8 k €	+242%	48,5 k €	-42.0%	83,7 k €	-55.0%	186,1 k €	-41.5%	318,1 k €	+160%	122,1 k €	-41.4%	208,3 k €	+35.0%	154,3 k €	+432%	29 k €	-76.7%	124,6 k €
Debts	844,7 k €	-3.7%	877,2 k €	+1.1%	867,7 k €	-8.5%	947,9 k €	+11.5%	849,8 k €	-3.6%	881,4 k €	-1.2%	891,7 k €	+1.8%	875,7 k €	-8.1%	952,8 k €	+100%	475,7 k €	-22.2%	611,1 k €	-21.4%	777,9 k €	+14.8%	677,7 k €	-38.7%	1,1 M €	+103%	543,8 k €	-22.1%	698,4 k €	-38.7%	1,1 M €	-13.1%	1,3 M €	+57.1%	833,9 k €	-23.7%	1,1 M €
Other
Workforce	0,0 ETP	-100%	11,3 ETP	-8.9%	12,4 ETP	+12.7%	11,0 ETP	0.0%	11,0 ETP	0.0%	11,0 ETP	0.0%	11,0 ETP		–		7,9 ETP	+12.9%	7,0 ETP	0.0%	7,0 ETP	-41.7%	12,0 ETP	-20.0%	15,0 ETP	-2.6%	15,4 ETP	+3.4%	14,9 ETP	+2.1%	14,6 ETP	-7.6%	15,8 ETP	+0.6%	15,7 ETP	-8.2%	17,1 ETP	0.0%	17,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

BMK

Director · since 13 décembre 2023 · 0555.644.011

Represented by MEERS KEVIN

Active

Ended mandates

Bertho Meers

Mandate

Ended

BMK

Director · 0555.644.011

Represented by Kevin Meers

Ended

BMK

Mandate · 0555.644.011

Ended

Damien Reggers

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
L.D.B. GROEP● Active	0849.163.239
MEERS TR&C● Active	0818.337.530
MEREG CONSTRUCTIONS● Active	0654.950.928
Mereg Elektro-Hydro● Active	0555.752.491

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	13/08/2026	20/08/2025	28/09/2024	27/07/2023	28/07/2022	27/07/2021
General meeting	16/04/2026	17/04/2025	18/04/2024	29/05/2023	28/05/2022	27/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/04/2026	13/08/2026	Dutch	PDF
Abridged model	31/12/2024	17/04/2025	20/08/2025	Dutch	PDF
Abridged model	31/12/2023	18/04/2024	28/09/2024	Dutch	PDF
Abridged model	31/12/2022	29/05/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	27/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/05/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	22/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	25/05/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	25/07/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	31/05/2015	22/09/2015	Dutch	PDF
Abridged model	31/12/2014	31/05/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	11/04/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	12/04/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	13/04/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/04/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	16/04/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/04/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	11/04/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	13/04/2007	23/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

BMK

Director · since 13 décembre 2023 · 0555.644.011

Represented by MEERS KEVIN

Active

Ended mandates

Bertho Meers

Mandate

Ended

BMK

Director · 0555.644.011

Represented by Kevin Meers

Ended

BMK

Mandate · 0555.644.011

Ended

Damien Reggers

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates02/10/2014
BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Restructuring10/10/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring11/07/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring25/05/2011
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates25/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2004
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 202555,3 k €↑
2024
Annual accounts 20242 k €↓
2023
Annual accounts 202310 k €↑
2022
Annual accounts 20228,1 k €↑
2021
Annual accounts 20216,2 k €↑
2020
Annual accounts 20203,3 k €↓
2019
Annual accounts 20194,7 k €↑
2018
Annual accounts 2018623 €↓
2017
Annual accounts 20172,8 k €↑
2016
Annual accounts 2016-33,4 k €↓
2015
Annual accounts 201543,8 k €↓
2014
Annual accounts 2014106,5 k €↓
2013
Annual accounts 2013164,6 k €↑
2012
Annual accounts 201225,5 k €↓
2011
Annual accounts 201146 k €↓
2010
Annual accounts 201057,9 k €↑
2009
Annual accounts 200934,5 k €↑
2008
Annual accounts 200832,6 k €↑
2007
Annual accounts 200730,7 k €↓
2006
Annual accounts 200641,4 k €
29/12/1972
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

MEREG

Overview

What does MEREG do?

Trend over 20 financial years

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