ACTIVE

H. MERTENS AG

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Financial year 2025 · Closed on 31/12/2025

Net result4,3 k €-67,4 %over 1 year

Gross margin973,4 k €-8,1 %over 1 year

Equity325,7 k €+0,6 %over 1 year

Workforce13,1 ETP-13,2 %over 1 year

Identity

Source · BCE/KBO

H. MERTENS AG is a Public limited company incorporated in 1981. Its registered office is in Büllingen. It employs on average 13,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.233.980
Incorporation: 01/01/1981
Legal form: Public limited company
Registered office: Brückberg 40
4760 Büllingen · WallonieSee on map
Contributed capital: 149 400,00 €
Latest accounts: 31/12/2025
Average workforce: 13,1 ETP

Joint committees (4)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	973,4 k €	-8.1%	1,1 M €	-8.3%	1,2 M €	+6.2%	1,1 M €	-3.2%	1,1 M €
EBITDA	258,5 k €	-11.9%	293,5 k €	-0.7%	295,5 k €	-14.4%	345,1 k €	-0.3%	346,1 k €
Operating result	19,3 k €	-34.0%	29,2 k €	+2774%	-1,1 k €	-103%	38 k €	-8.6%	41,6 k €
Net result	4,3 k €	-67.4%	13,1 k €	+214%	-11,5 k €	-152%	22,3 k €	+5.6%	21,1 k €
Balance sheet
Equity	325,7 k €	+0.6%	323,7 k €	+3.2%	313,8 k €	-4.8%	329,6 k €	-0.6%	331,4 k €
Total assets	1,3 M €	-10.5%	1,4 M €	-6.0%	1,5 M €	-16.4%	1,8 M €	-15.3%	2,2 M €
Cash	4,1 k €	-69.5%	13,6 k €	+37.9%	9,8 k €	-82.8%	57,2 k €	-43.5%	101,3 k €
Debts	956,5 k €	-14.1%	1,1 M €	-8.3%	1,2 M €	-19.0%	1,5 M €	-18.0%	1,8 M €
Other
Workforce	13,1 ETP	-13.2%	15,1 ETP	-6.8%	16,2 ETP	+3.2%	15,7 ETP	-4.8%	16,5 ETP

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 31/12/2025

4 active · 31 ended

Active mandates

Fréderic Taeter

Director · since 08 mai 2024 · until 26 mars 2027

Active

Michel Delhez

Director · since 24 mars 2016 · until 31 mars 2028

Active

Alain Demonceau

Director · since 02 avril 2015 · until 26 mars 2027

Active

Didier Gustin

Director · since 21 mars 2012 · until 26 mars 2027

Active

Ended mandates

Fréderic Taeter

Director · since 05 août 2024 · until 26 mars 2027

Ended

Alain DEMONCEAU

Director · since 29 mars 2018

Ended

Didier GUSTIN

Chairman of the board of directors · since 29 mars 2018

Ended

Eric WALIN

Director · since 06 avril 2017

Ended

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	01/01/2025	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	08/06/2026	27/05/2025	12/04/2024	11/05/2023	02/12/2022	23/04/2021
General meeting	11/05/2026	08/05/2025	28/03/2024	23/03/2023	24/03/2022	25/03/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/05/2026	08/06/2026	French	PDF
Abridged model	31/12/2024	08/05/2025	27/05/2025	French	PDF
Abridged model	31/12/2023	28/03/2024	12/04/2024	French	PDF
Abridged model	31/12/2022	23/03/2023	11/05/2023	French	PDF
Abridged modelCorrection	31/12/2021	24/03/2022	02/12/2022	French	PDF
Abridged model	31/12/2021	24/03/2022	15/04/2022	French	PDF
Abridged model	31/12/2020	25/03/2021	23/04/2021	French	PDF
Abridged model	31/12/2019	16/04/2020	02/06/2020	French	PDF
Full model	31/12/2018	28/03/2019	29/03/2019	French	PDF
Full model	31/12/2017	29/03/2018	23/04/2018	French	PDF
Full model	31/12/2016	06/04/2017	03/05/2017	French	PDF
Full model	31/12/2015	24/03/2016	22/04/2016	French	PDF
Full model	31/12/2014	02/04/2015	30/04/2015	French	PDF
Full model	31/12/2013	03/04/2014	05/05/2014	French	PDF
Full model	31/12/2012	22/05/2013	22/05/2013	French	PDF
Full model	31/12/2011	29/03/2012	23/04/2012	French	PDF
Full model	31/12/2010	07/04/2011	27/04/2011	French	PDF
Full model	31/12/2009	01/04/2010	20/04/2010	French	PDF
Full model	31/12/2008	02/04/2009	28/04/2009	French	PDF
Full model	31/12/2007	20/03/2008	16/04/2008	French	PDF
Full model	31/12/2006	20/03/2007	27/03/2007	French	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 31/12/2025

4 active · 31 ended

Active mandates

Fréderic Taeter

Director · since 08 mai 2024 · until 26 mars 2027

Active

Michel Delhez

Director · since 24 mars 2016 · until 31 mars 2028

Active

Alain Demonceau

Director · since 02 avril 2015 · until 26 mars 2027

Active

Didier Gustin

Director · since 21 mars 2012 · until 26 mars 2027

Active

Ended mandates

Fréderic Taeter

Director · since 05 août 2024 · until 26 mars 2027

Ended

Alain DEMONCEAU

Director · since 29 mars 2018

Ended

Didier GUSTIN

Chairman of the board of directors · since 29 mars 2018

Ended

Eric WALIN

Director · since 06 avril 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other16/09/2026
DIVERS
PDF
Mandates08/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other05/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates23/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/05/2022
ENTLASSUNG - ERNENNUNG
PDF
Mandates28/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates06/05/2021
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20254,3 k €↓
2024
Annual accounts 202413,1 k €↑
2023
Annual accounts 2023-11,5 k €↓
2022
Annual accounts 202222,3 k €↑
2021
Annual accounts 202121,1 k €↑
2020
Annual accounts 20202,4 k €↑
2019
Annual accounts 2019-2,5 k €↓
2018
Annual accounts 20187,3 k €↑
2017
Annual accounts 20172,8 k €↓
2016
Annual accounts 201617 k €↑
2015
Annual accounts 20155,5 k €↑
2014
Annual accounts 20145,2 k €↓
2013
Annual accounts 201331,4 k €↑
2012
Annual accounts 2012-6,7 k €↓
2011
Annual accounts 201127,8 k €↓
2010
Annual accounts 201063,4 k €↑
2009
Annual accounts 200959,2 k €↑
2008
Annual accounts 20088,4 k €↓
2007
Annual accounts 200731,3 k €
01/01/1981
IncorporationPublic limited company

H. MERTENS AG

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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