ACTIVE

Park Merlo

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Financial year 2025 · closed on 31/12/2025

Net result

43,1 k €

+5.4% YoY

Gross margin

78,7 k €

-5.1% YoY

Equity

654,1 k €

+7.1% YoY

What does Park Merlo do?

Park Merlo is a Public limited company incorporated in 1991. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.110.522

Incorporation

20/12/1991

Legal form

Public limited company

Registered office

Jagersstraat 15
8200 Brugge · FlandreSee on map

Contributed capital

357 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

55203Holiday and other short-stay accommodation· main 55203Holiday and other short-stay accommodation 55232Holiday and other short-stay accommodation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	78,7 k €	-5.1%	83 k €	-18.9%	102,3 k €	+5.8%	96,7 k €	+165%	36,5 k €	-35.5%	56,5 k €	-29.2%	79,8 k €	+1.5%	78,6 k €	+27.3%	61,7 k €	+132%	26,6 k €	+13.0%	23,5 k €	-67.5%	72,4 k €	+10.7%	65,4 k €	-24.8%	87 k €	+6.3%	81,9 k €	+8.3%	75,6 k €	-16.9%	90,9 k €	+13.2%	80,3 k €	+24.0%	64,8 k €
EBITDA	61,4 k €	-6.8%	65,9 k €	-33.7%	99,5 k €	+74.9%	56,9 k €	+68.9%	33,7 k €	-1.1%	34 k €	-49.3%	67,2 k €	-11.1%	75,5 k €	+28.7%	58,7 k €	+335%	13,5 k €	+33.1%	10,1 k €	-82.9%	59,1 k €	+11.6%	53 k €	-29.7%	75,4 k €	+6.7%	70,6 k €	+10.0%	64,2 k €	-19.6%	79,9 k €	+16.4%	68,6 k €	+28.0%	53,6 k €
Operating result	60,8 k €	+21.4%	50,1 k €	-37.4%	80,1 k €	+123%	35,9 k €	+419%	6,9 k €	-17.2%	8,4 k €	-80.4%	42,6 k €	-9.5%	47,1 k €	+39.2%	33,8 k €	+268%	-20,1 k €	+35.5%	-31,2 k €	-271%	18,3 k €	+13.1%	16,2 k €	-56.6%	37,3 k €	+32.2%	28,2 k €	+36.5%	20,7 k €	-38.6%	33,7 k €	-7.1%	36,2 k €	+73.6%	20,9 k €
Net result	43,1 k €	+5.4%	40,9 k €	-36.6%	64,5 k €	+151%	25,7 k €	+581%	3,8 k €	-0.0%	3,8 k €	-85.5%	26,1 k €	-24.2%	34,4 k €	+4.2%	33 k €	+262%	-20,3 k €	+42.8%	-35,6 k €	-291%	18,6 k €	-34.0%	28,2 k €	-4.5%	29,5 k €	+34.5%	22 k €	+31.9%	16,7 k €	-35.8%	26 k €	-1.2%	26,3 k €	+64.8%	15,9 k €
Balance sheet
Equity	654,1 k €	+7.1%	611 k €	+7.2%	570,1 k €	+12.8%	505,6 k €	+5.4%	479,9 k €	+1.4%	473,3 k €	+0.8%	469,5 k €	+5.9%	443,4 k €	+8.4%	409 k €	+8.8%	376 k €	-5.1%	396,4 k €	+145%	161,7 k €	-63.5%	443,4 k €	+6.8%	415,1 k €	+7.7%	385,6 k €	+6.0%	363,6 k €	+4.8%	347 k €	+8.1%	321 k €	+8.9%	294,7 k €
Total assets	692,6 k €	-2.1%	707,4 k €	+12.3%	629,6 k €	+8.8%	578,7 k €	+12.4%	514,9 k €	+1.2%	509 k €	+2.6%	496,3 k €	+5.4%	470,7 k €	+10.2%	427,2 k €	+3.3%	413,7 k €	-5.6%	438,3 k €	-7.2%	472,3 k €	-0.0%	472,4 k €	+0.8%	468,7 k €	+2.8%	456,1 k €	-2.5%	467,6 k €	-4.0%	487,2 k €	+28.1%	380,4 k €	-0.7%	383 k €
Cash	106,5 k €	-11.9%	120,8 k €	+130%	52,5 k €	-57.8%	124,4 k €	-4.4%	130,1 k €	+61.5%	80,6 k €	-13.0%	92,6 k €	+71.9%	53,9 k €	+60.4%	33,6 k €	+194%	11,4 k €	-47.4%	21,7 k €	-13.5%	25,1 k €	+46.1%	17,2 k €	-92.5%	227,9 k €	+135%	97,1 k €	+66.9%	58,2 k €	-57.6%	137,1 k €	+38.8%	98,7 k €	+53.0%	64,5 k €
Debts	37,1 k €	-44.5%	66,9 k €	+45.0%	46,1 k €	+44.4%	32 k €	-5.9%	34 k €	-4.8%	35,7 k €	+33.5%	26,7 k €	-1.7%	27,2 k €	+49.7%	18,2 k €	-51.7%	37,6 k €	-10.3%	41,9 k €	-86.5%	310,5 k €	+969%	29 k €	-45.7%	53,5 k €	-24.0%	70,5 k €	-32.2%	104 k €	-25.7%	140 k €	+140%	58,2 k €	-33.3%	87,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Frank Metsu

Managing director

Active

Johan Metsu

Director

Active

Peter Metsu

Director

Active

Ended mandates

METHA-CONSULTING

Director · since 27 février 2014 · 0478.300.664

Represented by Frank Metsu

Ended

FRANK METSU

Director · since 30 juin 2009

Ended

FRANK METSU

Managing director · since 30 juin 2009

Ended

JOHAN METSU

Director · since 30 juin 2009

Ended

At this address

Other companies at this address

Company	CBE no.
DOUBLE - FUN● Active	0465.724.813
METHA.98● Active	0464.098.082
METHA-CONSULTING● Active	0478.300.664

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	30/08/2025	30/08/2024	31/08/2023	31/08/2022	31/08/2020
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	27/06/2022	29/06/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	27/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	24/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2019	29/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	03/04/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/04/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	22/11/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	17/12/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	24/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	25/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 31/12/2025 · 3 active · 18 ended

Active mandates

Frank Metsu

Managing director

Active

Johan Metsu

Director

Active

Peter Metsu

Director

Active

Ended mandates

METHA-CONSULTING

Director · since 27 février 2014 · 0478.300.664

Represented by Frank Metsu

Ended

FRANK METSU

Director · since 30 juin 2009

Ended

FRANK METSU

Managing director · since 30 juin 2009

Ended

JOHAN METSU

Director · since 30 juin 2009

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/05/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2004
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

2025
Annual accounts 202543,1 k €↑
2024
Annual accounts 202440,9 k €↓
2023
Annual accounts 202364,5 k €↑
2022
Annual accounts 202225,7 k €↑
2021
Annual accounts 20213,8 k €↓
2019
Annual accounts 20193,8 k €↓
2018
Annual accounts 201826,1 k €↓
2017
Annual accounts 201734,4 k €↑
2016
Annual accounts 201633 k €↑
2015
Annual accounts 2015-20,3 k €↑
2014
Annual accounts 2014-35,6 k €↓
2013
Annual accounts 201318,6 k €↓
2012
Annual accounts 201228,2 k €↓
2011
Annual accounts 201129,5 k €↑
2010
Annual accounts 201022 k €↑
2009
Annual accounts 200916,7 k €↓
2008
Annual accounts 200826 k €↓
2007
Annual accounts 200726,3 k €↑
2006
Annual accounts 200615,9 k €
20/12/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Park Merlo

Overview

What does Park Merlo do?

Trend over 19 financial years

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