NORMAL SITUATION

MERTENS FAEMA

Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result-12,8 k €-107,9 %over 1 year
Gross margin439,3 k €-51,5 %over 1 year
Equity929,8 k €-1,4 %over 1 year
Workforce3,8 ETP-55,3 %over 1 year

Identity

Source · BCE/KBO

MERTENS FAEMA is a company registered in Belgium. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.051.824
Legal form
Public limited company
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 49 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin439,3 k €906,5 k €700,9 k €601,7 k €559,8 k €
EBITDA68,6 k €381,9 k €164,6 k €101,9 k €203,6 k €
Operating result-14,1 k €267,3 k €64,3 k €30,9 k €136,1 k €
Net result-12,8 k €163 k €6,3 k €7,9 k €95,2 k €
Balance sheet
Equity929,8 k €942,7 k €779,7 k €773,4 k €765,5 k €
Total assets1,3 M €2,6 M €2,1 M €1,6 M €1,3 M €
Cash76,7 k €129,2 k €61,4 k €233,3 k €240,6 k €
Debts404,7 k €1,6 M €1,3 M €801 k €535,6 k €
Other
Workforce3,8 ETP8,5 ETP8,0 ETP9,3 ETP8,2 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
HILLIS0458.997.862Represented by Patrick HILLEWAERE
Managing directorsince 20/09/2022
000
KH BEHEER0871.144.033Represented by Kris HILLEWAERT
Managing directorsince 20/09/2022
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
HILLIS0458.997.862Represented by Patrick HILLEWAERE
Managing directorsince 20/09/2022
000
Franca Curro
Director06/05/2017 → 06/05/2023
000
Tony Mertens
Managing director06/05/2017 → 06/05/2023
000
Franca Curro
Director09/05/2011 → 09/05/2017
000

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/04/202603/07/202520/08/202423/10/202325/08/202226/08/2021
General meeting31/03/202630/06/202531/07/202425/09/202309/05/202210/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 49 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/03/202613/04/2026DutchPDF
Abridged model31/12/202430/06/202503/07/2025DutchPDF
Abridged model31/12/202331/07/202420/08/2024DutchPDF
Abridged model31/12/202225/09/202323/10/2023DutchPDF
Abridged model31/12/202109/05/202225/08/2022DutchPDF
Abridged model31/12/202010/05/202126/08/2021DutchPDF
Abridged model31/12/201911/05/202030/07/2020DutchPDF
Abridged model31/12/201813/05/201912/06/2019DutchPDF
Abridged model31/12/201714/05/201813/06/2018DutchPDF
Abridged model31/12/201608/05/201728/06/2017DutchPDF
Abridged model31/12/201509/05/201603/08/2016DutchPDF
Abridged model31/12/201411/05/201505/08/2015DutchPDF
Abridged model31/12/201312/05/201412/08/2014DutchPDF
Abridged model31/12/201213/05/201327/06/2013DutchPDF
Abridged model31/12/201114/05/201219/07/2012DutchPDF
Abridged model31/12/201009/05/201113/07/2011DutchPDF
Abridged model31/12/200910/05/201009/06/2010DutchPDF
Abridged model31/12/200811/05/200901/07/2009DutchPDF
Abridged model31/12/200713/05/200818/07/2008DutchPDF
Abridged model31/12/200608/05/200729/06/2007DutchPDF
Abridged model31/12/200508/05/200609/06/2006DutchPDF
Abridged model31/12/200409/05/200506/06/2005DutchPDF
Abridged model31/12/200310/05/200425/06/2004DutchPDF
Abridged model31/12/200212/05/200329/07/2003DutchPDF
Abridged model31/12/200106/05/200214/08/2002DutchPDF
Abridged model31/12/200014/05/200106/08/2001DutchPDF
Abridged model31/12/199926/05/200027/07/2000DutchPDF
Abridged model31/12/199810/05/199911/08/1999DutchPDF
Abridged model31/12/199711/05/199817/09/1998Dutch—
Abridged model31/12/199612/05/199706/08/1997Dutch—
Abridged model31/12/199513/05/199608/08/1996Dutch—
Abridged model31/12/199408/05/199511/09/1995Dutch—
Abridged model31/12/199309/05/199423/06/1994Dutch—
Abridged model31/12/199210/05/199323/07/1993Dutch—
Abridged model31/12/199111/05/199202/09/1992Dutch—
Abridged model31/12/199013/05/199129/08/1991Dutch—
Abridged model31/12/198914/05/199013/08/1990Dutch—
Abridged model31/12/198829/05/198907/07/1989Dutch—
Abridged model31/12/198730/05/198826/07/1988Dutch—
Abridged model31/12/198601/06/198704/09/1987Dutch—
Abridged model31/12/198502/06/198625/07/1986Dutch—
Abridged model31/12/198403/06/198515/07/1985English—
m900-p31/12/198311/05/198412/06/1984English—
m900-p31/12/198209/05/198320/10/1983English—
m900-p31/12/198110/05/198228/07/1982English—
m900-p31/12/198001/01/999903/07/1981English—
m900-p31/12/197901/01/999918/08/1980English—
m900-p31/12/197801/01/999910/08/1979English—
m900-p31/12/197701/01/999902/10/1978English—

Indicative valuation

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

2 active · 9 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
HILLIS0458.997.862Represented by Patrick HILLEWAERE
Managing directorsince 20/09/2022
000
KH BEHEER0871.144.033Represented by Kris HILLEWAERT
Managing directorsince 20/09/2022
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
HILLIS0458.997.862Represented by Patrick HILLEWAERE
Managing directorsince 20/09/2022
000
Franca Curro
Director06/05/2017 → 06/05/2023
000
Tony Mertens
Managing director06/05/2017 → 06/05/2023
000
Franca Curro
Director09/05/2011 → 09/05/2017
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution08/05/2026
    Ontbinding NV Mertens Faema
    PDF
  • Restructuring24/02/2026
    Neerlegging fusievoorstel
    PDF
  • Other18/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares27/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates03/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12,8 k €↓
  2. 2024
    Annual accounts 2024163 k €↑
  3. 2023
    Annual accounts 20236,3 k €↓
  4. 2022
    Annual accounts 20227,9 k €↓
  5. 2021
    Annual accounts 202195,2 k €↑
  6. 2020
    Annual accounts 202031,8 k €↑
  7. 2019
    Annual accounts 20193,9 k €↓
  8. 2018
    Annual accounts 201826,6 k €↓
  9. 2017
    Annual accounts 2017136,5 k €↑
  10. 2016
    Annual accounts 201629,2 k €↓
  11. 2015
    Annual accounts 2015122,3 k €↑
  12. 2014
    Annual accounts 2014-31,6 k €↑
  13. 2013
    Annual accounts 2013-40,2 k €↓
  14. 2012
    Annual accounts 201245 k €↓
  15. 2011
    Annual accounts 201159 k €↑
  16. 2010
    Annual accounts 201015,7 k €↓
  17. 2009
    Annual accounts 200983,3 k €↑
  18. 2008
    Annual accounts 200822,5 k €↑
  19. 2007
    Annual accounts 200710,5 k €↓
  20. 2006
    Annual accounts 200616,5 k €

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Luikersteenweg 365 bte Bus 1, 3500 Hasselt
accounts 2025
Accounts 2025 · 2026-00079575
Luikersteenweg 365 Bus 1, 3500 Hasselt
accounts 2023 → 2024
Accounts 2024 · 2025-00226732
Luikersteenweg 365/1, 3500 Hasselt
accounts 2022
Accounts 2022 · 2023-00491414
Luikersteenweg 365 bte 1, 3500 Hasselt
accounts 2021
Accounts 2021 · 2022-20357669

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.