MERE
0420.497.869 · rovalta.com · 22/09/2026
ACTIVE
MERE
Financial year 2025 · closed on 31/12/2025
Net result
228,7 k €
+268.1% YoY
Gross margin
282 k €
+873.9% YoY
Equity
2 M €
+13.0% YoY
Workforce
0,0 ETP
-100.0% YoY
Overview
What does MERE do?
MERE is a Public limited company incorporated in 1980. Its registered office is in Riemst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0420.497.869
Incorporation
12/06/1980
Legal form
Public limited company
Registered office
Schepen Mengelslaan 13
3770 Riemst · FlandreSee on map
3770 Riemst · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (3)
- 119
- 202
- 20201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 282 k € | +874% | 29 k € | -98.4% | 1,8 M € | +14.7% | 1,6 M € | -12.9% | 1,8 M € | +12.8% | 1,6 M € | +37.3% | 1,2 M € | +17.8% | 991,1 k € | -19.2% | 1,2 M € | +4.3% | 1,2 M € | -18.2% | 1,4 M € | +50.9% | 952,5 k € | +3.2% | 922,9 k € | -8.7% | 1 M € | -9.3% | 1,1 M € | -8.0% | 1,2 M € | +3.8% | 1,2 M € | +1.9% | 1,1 M € | -0.1% | 1,1 M € |
| EBITDA | 239,4 k € | +589% | -49 k € | -107% | 724,9 k € | +146% | 294,6 k € | -51.1% | 602,1 k € | +12.1% | 537,1 k € | +184% | 189,1 k € | +139% | 79 k € | -68.8% | 252,9 k € | -2.5% | 259,4 k € | -36.0% | 405,5 k € | +882% | 41,3 k € | +100% | 20,6 k € | -89.7% | 200,7 k € | -26.0% | 271,2 k € | -38.8% | 442,8 k € | +21.6% | 364,3 k € | +5.9% | 344,1 k € | -7.2% | 370,9 k € |
| Operating result | 198,7 k € | +389% | -68,8 k € | -113% | 514,1 k € | +4431% | -11,9 k € | -104% | 291,7 k € | +58.3% | 184,2 k € | +232% | -139,4 k € | -19.8% | -116,3 k € | -368% | 43,4 k € | -63.3% | 118,1 k € | -48.9% | 231,1 k € | +285% | -124,9 k € | +24.3% | -165,1 k € | -752% | 25,3 k € | -78.0% | 114,8 k € | -61.2% | 295,9 k € | +41.1% | 209,8 k € | +19.1% | 176,2 k € | +21.7% | 144,7 k € |
| Net result | 228,7 k € | +268% | -136 k € | -137% | 372,2 k € | +1367% | -29,4 k € | -111% | 259,5 k € | +45.3% | 178,6 k € | +210% | -161,7 k € | -41.5% | -114,3 k € | -419% | 35,8 k € | -68.0% | 111,9 k € | -54.2% | 244,2 k € | +322% | -109,8 k € | -25.2% | -87,7 k € | -186% | 101,7 k € | +96.2% | 51,9 k € | -78.5% | 240,7 k € | +12.5% | 214 k € | +10.4% | 193,9 k € | +56.1% | 124,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 2 M € | +13.0% | 1,8 M € | -11.7% | 2 M € | +4.5% | 1,9 M € | -1.5% | 1,9 M € | +3.2% | 1,9 M € | +10.5% | 1,7 M € | -8.7% | 1,9 M € | -5.8% | 2 M € | -8.3% | 2,2 M € | +5.5% | 2 M € | +13.6% | 1,8 M € | -33.6% | 2,7 M € | -3.1% | 2,8 M € | +3.8% | 2,7 M € | +2.0% | 2,6 M € | +10.0% | 2,4 M € | +3.9% | 2,3 M € | +9.2% | 2,1 M € |
| Total assets | 2,6 M € | -2.5% | 2,7 M € | -22.1% | 3,4 M € | -23.4% | 4,5 M € | -10.9% | 5 M € | -1.3% | 5,1 M € | -1.1% | 5,1 M € | +76.0% | 2,9 M € | -12.7% | 3,3 M € | +4.4% | 3,2 M € | +5.8% | 3 M € | +15.2% | 2,6 M € | -27.1% | 3,6 M € | -12.6% | 4,1 M € | +13.3% | 3,6 M € | -0.2% | 3,6 M € | +5.8% | 3,4 M € | -4.6% | 3,6 M € | -0.7% | 3,6 M € |
| Cash | 317,1 k € | +284% | 82,5 k € | -96.3% | 2,2 M € | +480% | 387,3 k € | -16.5% | 463,5 k € | -13.3% | 534,6 k € | +81.2% | 295,1 k € | -4.7% | 309,6 k € | +16.8% | 265,1 k € | -48.8% | 517,8 k € | -29.7% | 736,4 k € | +84.6% | 399 k € | +38.6% | 287,9 k € | -40.4% | 482,8 k € | +41.4% | 341,5 k € | +18.7% | 287,8 k € | -31.5% | 420,4 k € | -75.9% | 1,7 M € | +323% | 412,2 k € |
| Debts | 611,7 k € | -32.6% | 907,1 k € | -36.6% | 1,4 M € | -44.2% | 2,6 M € | -16.7% | 3,1 M € | -3.9% | 3,2 M € | -3.4% | 3,3 M € | +213% | 1,1 M € | -22.6% | 1,4 M € | +30.4% | 1,1 M € | +6.4% | 988,4 k € | +18.8% | 832,2 k € | -7.2% | 896,6 k € | -32.4% | 1,3 M € | +40.2% | 945,9 k € | -5.1% | 996,7 k € | -4.3% | 1 M € | -20.0% | 1,3 M € | -14.3% | 1,5 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | -100% | 0,3 ETP | -98.7% | 22,6 ETP | -31.3% | 32,9 ETP | +2.2% | 32,2 ETP | +2.9% | 31,3 ETP | +1.6% | 30,8 ETP | +4.1% | 29,6 ETP | +8.4% | 27,3 ETP | +11.9% | 24,4 ETP | -0.8% | 24,6 ETP | -6.5% | 26,3 ETP | -3.7% | 27,3 ETP | +3.8% | 26,3 ETP | -6.4% | 28,1 ETP | +1.8% | 27,6 ETP | -2.5% | 28,3 ETP | -8.1% | 30,8 ETP | +10.4% | 27,9 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 19 ended
Active mandates
Christine Merken
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ELLEN● Active | 1031.330.130 |
STAK Ellen● Active | 0749.867.903 |
Financials
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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/12/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 21 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 04/05/2026 | 30/09/2024 | 16/05/2023 | 26/09/2022 | 04/11/2021 | 30/11/2020 |
| General meeting | 09/04/2026 | 18/09/2024 | 15/05/2023 | 21/09/2022 | 15/09/2021 | 30/11/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/04/2026 | 04/05/2026 | Dutch | |
| Abridged model | 31/03/2024 | 18/09/2024 | 30/09/2024 | Dutch | |
| Abridged model | 31/03/2023 | 15/05/2023 | 16/05/2023 | Dutch | |
| Abridged model | 31/03/2022 | 21/09/2022 | 26/09/2022 | Dutch | |
| Abridged model | 31/03/2021 | 15/09/2021 | 04/11/2021 | Dutch | |
| Abridged model | 31/03/2020 | 30/11/2020 | 30/11/2020 | Dutch | |
| Abridged model | 31/03/2019 | 18/09/2019 | 29/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 19/09/2018 | 08/11/2018 | Dutch | |
| Abridged model | 31/03/2017 | 30/09/2017 | 27/10/2017 | Dutch | |
| Abridged model | 31/03/2016 | 21/09/2016 | 10/10/2016 | Dutch | |
| Abridged model | 31/03/2015 | 16/09/2015 | 28/09/2015 | Dutch | |
| Abridged model | 31/12/2013 | 14/05/2014 | 10/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/05/2013 | 28/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/05/2012 | 05/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 11/05/2011 | 10/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 02/06/2010 | 01/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 13/05/2009 | 11/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/05/2008 | 09/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/05/2007 | 08/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 19 ended
Active mandates
Christine Merken
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other29/01/2025ALGEMENE VERGADERING - BOEKJAAR
- Mandates12/09/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
- Registered office14/02/2023MAATSCHAPPELIJKE ZETEL
- Mandates13/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates24/08/2021ONTSLAGEN - BENOEMINGEN
- Mandates20/07/2020ONTSLAGEN - BENOEMINGEN
- Mandates03/08/2016ONTSLAGEN - BENOEMINGEN
- Mandates25/11/2015ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025228,7 k €↑
- 2024Annual accounts 2024-136 k €↓
- 2023Annual accounts 2023372,2 k €↑
- 2022Annual accounts 2022-29,4 k €↓
- 2021Annual accounts 2021259,5 k €↑
- 2020Annual accounts 2020178,6 k €↑
- 2019Annual accounts 2019-161,7 k €↓
- 2018Annual accounts 2018-114,3 k €↓
- 2017Annual accounts 201735,8 k €↓
- 2016Annual accounts 2016111,9 k €↓
- 2015Annual accounts 2015244,2 k €↑
- 2013Annual accounts 2013-109,8 k €↓
- 2012Annual accounts 2012-87,7 k €↓
- 2011Annual accounts 2011101,7 k €↑
- 2010Annual accounts 201051,9 k €↓
- 2009Annual accounts 2009240,7 k €↑
- 2008Annual accounts 2008214 k €↑
- 2007Annual accounts 2007193,9 k €↑
- 2006Annual accounts 2006124,2 k €
- 12/06/1980IncorporationPublic limited company