ACTIVE

MERLET

Financial year 2025 · closed on 30/09/2025
Net result
5,3 k €
+545.9% YoY
Gross margin
281,5 k €
+4.0% YoY
Equity
139,2 k €
+3.9% YoY

What does MERLET do?

MERLET is a Public limited company incorporated in 1986. Its main activity is: Manufacture of other technical and industrial textiles. Its registered office is in Oud-Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.846.689
Incorporation
28/11/1986
Legal form
Public limited company
Registered office
Neringstraat 6
2360 Oud-Turnhout · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Joint committees (4)
  • 109
  • 10900
  • 215
  • 21500
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin281,5 k €270,7 k €254,3 k €215,3 k €151,3 k €126,2 k €142,1 k €148,7 k €147,3 k €166,7 k €142,5 k €169,2 k €149,3 k €151,3 k €92,5 k €196,9 k €276,9 k €297,8 k €269,9 k €
EBITDA40,8 k €42,4 k €40,2 k €43,4 k €662,2 €18,8 k €13,5 k €20,7 k €12,3 k €16,6 k €-3 k €21,6 k €3,1 k €5,8 k €-85,9 k €-6,1 k €45,4 k €39,3 k €49 k €
Operating result5,4 k €6,2 k €8,4 k €12,8 k €-30,1 k €8,1 k €3 k €9,5 k €4,2 k €8,3 k €-10,9 k €16,3 k €1,5 k €4,9 k €-86,5 k €-8,2 k €32,5 k €1,9 k €4,8 k €
Net result5,3 k €815,5 €4,4 k €11,3 k €-32,3 k €6,8 k €3,4 k €7,7 k €3,4 k €7,8 k €-11,8 k €14,7 k €1,6 k €3,5 k €-86,9 k €-9,2 k €-18,4 k €-3,2 k €593 €
Balance sheet
Equity139,2 k €133,9 k €133,1 k €128,7 k €117,4 k €122,2 k €115,3 k €111,9 k €104,2 k €100,8 k €93 k €104,9 k €90,2 k €88,6 k €85,1 k €172 k €181,2 k €199,6 k €202,8 k €
Total assets540,2 k €546,7 k €472,6 k €427,7 k €446,3 k €293,7 k €268,2 k €282,9 k €257,9 k €270,9 k €316,2 k €265,1 k €245,3 k €221 k €227,9 k €263,7 k €367,6 k €413,4 k €429,7 k €
Cash44 k €42,4 k €24,5 k €25 k €29,6 k €40,2 k €9,1 k €16,7 k €7,8 k €12,1 k €8,6 k €9,8 k €25,5 k €13,3 k €6,5 k €9 k €25,5 k €43 k €5,4 k €
Debts401 k €412,8 k €336,1 k €299 k €328,9 k €171,6 k €152,9 k €170,9 k €153,7 k €170,1 k €223,1 k €160,2 k €155,1 k €132,3 k €142,8 k €91,6 k €185,1 k €212,7 k €226,3 k €
Other
Workforce4,9 ETP4,9 ETP4,3 ETP4,8 ETP4,8 ETP4,8 ETP4,8 ETP4,8 ETP5,3 ETP6,1 ETP6,5 ETP7,6 ETP7,8 ETP9,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 12 ended

Active mandates

Ben Van Der Aa

Director

Active
Pascale DELAPLACE

Director

Active

Ended mandates

Ben Van Der Aa

Director · since 11 février 2000

Ended
Pascale Delaplace

Director · since 11 février 2000

Ended
Benjamin VAN DER AA

Managing director · until 04 novembre 2017

Ended
Benjamin VAN DER AA

Managing director · until 20 février 2026

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202630/04/202530/04/202403/04/202330/04/202230/04/2021
General meeting30/03/202628/03/202530/03/202423/02/202331/03/202212/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202530/03/202629/04/2026DutchPDF
Abridged model30/09/202428/03/202530/04/2025DutchPDF
Abridged model30/09/202330/03/202430/04/2024DutchPDF
Abridged model30/09/202223/02/202303/04/2023DutchPDF
Micro model30/09/202131/03/202230/04/2022DutchPDF
Micro model30/09/202012/02/202130/04/2021DutchPDF
Micro model30/09/201921/02/202016/04/2020DutchPDF
Micro model30/09/201821/02/201926/02/2020DutchPDF
Micro model30/09/201722/03/201802/05/2018DutchPDF
Abridged model30/09/201621/02/201729/03/2017DutchPDF
Abridged model30/09/201521/02/201612/04/2016DutchPDF
Abridged model30/09/201421/02/201531/03/2015DutchPDF
Abridged model30/09/201321/02/201428/04/2014DutchPDF
Abridged model30/09/201213/02/201330/04/2013DutchPDF
Abridged model30/09/201121/02/201201/05/2012DutchPDF
Abridged model30/09/201014/02/201123/05/2011DutchPDF
Abridged model30/09/200922/02/201028/03/2010DutchPDF
Abridged model30/09/200815/02/200931/03/2009DutchPDF
Abridged model30/09/200715/02/200816/04/2008DutchPDF
Abridged model30/09/200607/03/200730/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 2 active · 12 ended

Active mandates

Ben Van Der Aa

Director

Active
Pascale DELAPLACE

Director

Active

Ended mandates

Ben Van Der Aa

Director · since 11 février 2000

Ended
Pascale Delaplace

Director · since 11 février 2000

Ended
Benjamin VAN DER AA

Managing director · until 04 novembre 2017

Ended
Benjamin VAN DER AA

Managing director · until 20 février 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2011
    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

Timeline

  1. 2025
    Annual accounts 20255,3 k €
  2. 2024
    Annual accounts 2024815,5 €
  3. 2023
    Annual accounts 20234,4 k €
  4. 2022
    Annual accounts 202211,3 k €
  5. 2021
    Annual accounts 2021-32,3 k €
  6. 2019
    Annual accounts 20196,8 k €
  7. 2018
    Annual accounts 20183,4 k €
  8. 2017
    Annual accounts 20177,7 k €
  9. 2016
    Annual accounts 20163,4 k €
  10. 2015
    Annual accounts 20157,8 k €
  11. 2014
    Annual accounts 2014-11,8 k €
  12. 2013
    Annual accounts 201314,7 k €
  13. 2012
    Annual accounts 20121,6 k €
  14. 2011
    Annual accounts 20113,5 k €
  15. 2010
    Annual accounts 2010-86,9 k €
  16. 2009
    Annual accounts 2009-9,2 k €
  17. 2008
    Annual accounts 2008-18,4 k €
  18. 2007
    Annual accounts 2007-3,2 k €
  19. 2006
    Annual accounts 2006593 €
  20. 28/11/1986
    IncorporationPublic limited company