ACTIVE

The Merchant's Counsellors Ltd

Financial year 2025 · Closed on 30/06/2025

Net result-367,5 k €-284,7 %over 1 year

Gross margin-174,9 k €-145,5 %over 1 year

Equity972,3 k €-27,4 %over 1 year

Identity

Source · BCE/KBO

The Merchant's Counsellors Ltd is a Public limited company incorporated in 1975. Its main activity is: Development of building projects. Its registered office is in Sint-Truiden.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0415.551.859
Incorporation: 26/06/1975
Legal form: Public limited company
Registered office: Gorsem-Dorp 2
3803 Sint-Truiden · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 30/06/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41102Development of building projects 68122Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+4

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-174,9 k €	-146%	384,2 k €	+107%	186 k €	-69.7%	613 k €	+544%	95,2 k €
EBITDA	-247,5 k €	-166%	373,5 k €	+102%	185,3 k €	-69.4%	605,1 k €	+543%	94,1 k €
Operating result	-268,3 k €	-174%	360,2 k €	+95.1%	184,7 k €	-69.4%	604,5 k €	+547%	93,4 k €
Net result	-367,5 k €	-285%	199 k €	+47.6%	134,8 k €	-84.7%	882,5 k €	+1188%	68,5 k €
Balance sheet
Equity	972,3 k €	-27.4%	1,3 M €	+17.4%	1,1 M €	+3.1%	1,1 M €	+395%	223,6 k €
Total assets	8,7 M €	+6.8%	8,2 M €	-9.1%	9 M €	+92.8%	4,7 M €	+262%	1,3 M €
Cash	2,2 M €	+319%	534,5 k €		–		454,9 k €	+206%	148,5 k €
Debts	7,7 M €	+13.6%	6,8 M €	-13.3%	7,8 M €	+121%	3,5 M €	+234%	1,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emilie-Marie Vanmarcke	Director28/12/2023 → 06/11/2029bestuurderlisted until the 2023 accountsended
Eugénie-Marie Vanmarcke	Director28/12/2023 → 06/11/2029bestuurderlisted until the 2023 accountsended
GECOK0435.589.584Represented by Marie SIBYLLE KOLL	Managing director28/12/2023 → 06/11/2029Mandate06/11/2012 → 2020 accountsended
Philip Vanmarcke	Managing director29/06/2007 → 06/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DARTA0452.660.495Represented by Philippe Brantegem	Mandatelisted until the 2012 accountsDirector06/11/2012 → 2016 accounts
Geert Hemerijckx	Mandatelisted until the 2012 accounts

Other companies at this address

Gorsem-Dorp 2 3803 Sint-Truiden

Company	CBE no.
EMV● Active	1003.729.868
GECOK● Active	0435.589.584
IMMO DGL● Active	0477.815.169
NEW MZ SINT-TRUIDEN● Active	0798.987.020

Full financial information

Source · NBB

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	30/01/2025	30/01/2024	31/01/2023	28/01/2022	26/01/2021
General meeting	31/12/2025	31/12/2024	30/12/2023	31/12/2022	30/12/2021	30/12/2020
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/12/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	30/01/2025	Dutch	PDF
Abridged model	30/06/2023	30/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	31/12/2022	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	30/12/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	30/12/2020	26/01/2021	Dutch	PDF
Abridged model	30/06/2019	26/11/2019	20/12/2019	Dutch	PDF
Abridged model	30/06/2018	17/12/2018	07/01/2019	Dutch	PDF
Abridged model	30/06/2017	07/11/2017	05/12/2017	Dutch	PDF
Abridged model	30/06/2016	20/12/2016	13/01/2017	Dutch	PDF
Abridged model	30/06/2015	03/11/2015	04/11/2015	Dutch	PDF
Abridged model	30/06/2014	04/11/2014	05/11/2014	Dutch	PDF
Abridged model	30/06/2013	31/12/2013	23/01/2014	Dutch	PDF
Abridged model	30/06/2012	31/12/2012	29/01/2013	Dutch	PDF
Abridged model	30/06/2011	30/11/2011	22/12/2011	Dutch	PDF
Abridged model	30/06/2010	23/11/2010	20/12/2010	Dutch	PDF
Abridged model	30/06/2009	30/12/2009	09/03/2010	Dutch	PDF
Abridged model	30/06/2008	02/02/2009	17/02/2009	Dutch	PDF
Abridged model	30/06/2007	28/12/2007	17/01/2008	Dutch	PDF
Abridged model	30/06/2006	28/12/2006	09/01/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emilie-Marie Vanmarcke	Director28/12/2023 → 06/11/2029bestuurderlisted until the 2023 accountsended
Eugénie-Marie Vanmarcke	Director28/12/2023 → 06/11/2029bestuurderlisted until the 2023 accountsended
GECOK0435.589.584Represented by Marie SIBYLLE KOLL	Managing director28/12/2023 → 06/11/2029Mandate06/11/2012 → 2020 accountsended
Philip Vanmarcke	Managing director29/06/2007 → 06/11/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DARTA0452.660.495Represented by Philippe Brantegem	Mandatelisted until the 2012 accountsDirector06/11/2012 → 2016 accounts
Geert Hemerijckx	Mandatelisted until the 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/12/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/10/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/02/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/11/2003
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

GECOK

Emilie-Marie Vanmarcke

Eugénie-Marie Vanmarcke

Philip Vanmarcke

DARTA

Geert Hemerijckx

CONTROL

CHECK

1975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

The Merchant's Counsellors Ltd

Gorsem-Dorp 2, 3803 Duras

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gorsem-Dorp 2, 3803 DurasCurrent	accounts 2025	Accounts 2025 · 2026-00023162
Gentsesteenweg 150 Bus 1, 9300 Aalst	accounts 2024	Accounts 2024 · 2025-00016622
Gorsem-Dorp 2, 3803 Duras	accounts 2023	Accounts 2023 · 2024-00019308
Gentsesteenweg 150 bte 1.2, 9300 Aalst	accounts 2022	Accounts 2022 · 2023-00017545

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
The Merchant's Counsellors LtdCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00023162

Events

2025
Annual accounts 2025-367,5 k €↓
2024
Annual accounts 2024199 k €↑
2023
Annual accounts 2023134,8 k €↓
2022
Annual accounts 2022882,5 k €↑
2021
Annual accounts 202168,5 k €↑
2020
Annual accounts 202031,2 k €↑
2019
Annual accounts 201922 k €↓
2018
Annual accounts 2018103,5 k €↑
2017
Annual accounts 201756,8 k €↑
2016
Annual accounts 2016-44,7 k €↓
2015
Annual accounts 2015104,9 k €↑
2014
Annual accounts 2014-33,6 k €↑
2013
Annual accounts 2013-36,8 k €↓
2012
Annual accounts 2012-22 k €↑
2011
Annual accounts 2011-44,4 k €↓
2010
Annual accounts 2010-11,4 k €↓
2009
Annual accounts 2009-4,6 k €↓
2008
Annual accounts 200860,6 k €↑
2007
Annual accounts 2007-81,2 k €
26/06/1975
IncorporationPublic limited company

The Merchant's Counsellors Ltd

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

Registered offices

Company names

Events