ACTIVE

MERO-TSK Benelux

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Financial year 2025 · closed on 31/12/2025

Net result

414,8 k €

-35.5% YoY

Gross margin

1,1 M €

-37.8% YoY

Equity

1,4 M €

+44.1% YoY

Workforce

6,8 ETP

+44.7% YoY

What does MERO-TSK Benelux do?

MERO-TSK Benelux is a Public limited company incorporated in 1992. Its registered office is in Sint-Pieters-Leeuw. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.669.243

Incorporation

17/11/1992

Legal form

Public limited company

Registered office

Tobie Swalusstraat 46
1600 Sint-Pieters-Leeuw · FlandreSee on map

Contributed capital

247 900,00 €

Latest accounts

31/12/2025

Average workforce

6,8 ETP

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	-37.8%	1,8 M €	+76.8%	1 M €	-9.4%	1,1 M €	+185%	398,4 k €	-3.4%	412,5 k €	+1.6%	406,2 k €	+4.0%	390,6 k €	+5.4%	370,5 k €	-17.6%	449,4 k €	+157%	-783,1 k €	-365%	295,2 k €	-3.1%	304,7 k €	+90.8%	159,7 k €	-60.5%	403,8 k €	+97.1%	204,9 k €	+206%	66,9 k €		–
EBITDA	335 k €	-73.1%	1,2 M €	+95.9%	636,1 k €	+11.7%	569,5 k €	+903%	-71 k €	-186%	82,4 k €	-22.1%	105,8 k €	+476%	18,4 k €	-88.9%	165,4 k €	-1.1%	167,3 k €	+116%	-1 M €	-692%	-131,1 k €	+37.3%	-209,2 k €	+46.7%	-392,4 k €	-1343%	31,6 k €	-69.4%	103 k €	+410%	-33,3 k €	-294%	17,2 k €
Operating result	552 k €	-37.3%	880,4 k €	+77.3%	496,5 k €	-13.8%	575,7 k €	+4945%	-11,9 k €	-113%	94,5 k €	+2.3%	92,4 k €	+303%	22,9 k €	-85.5%	157,6 k €	-4.2%	164,5 k €	+115%	-1,1 M €	-722%	-135,4 k €	+37.2%	-215,6 k €	+47.7%	-411,9 k €	-5883%	7,1 k €	-92.0%	89,5 k €	+217%	-76,5 k €	-623%	14,6 k €
Net result	414,8 k €	-35.5%	642,8 k €	+39.7%	460 k €	-16.4%	550,3 k €	+901%	55 k €	-30.1%	78,7 k €	-14.1%	91,6 k €	+273%	24,5 k €	-82.3%	138,7 k €	-5.7%	147,1 k €	+113%	-1,1 M €	-1180%	-87,4 k €	+59.2%	-214,4 k €	+47.3%	-406,7 k €	-5784%	7,2 k €	-91.7%	85,7 k €	+213%	-76,1 k €	-639%	14,1 k €
Balance sheet
Equity	1,4 M €	+44.1%	939,6 k €	+217%	296,7 k €	+282%	-163,3 k €	+77.1%	-713,6 k €	+23.5%	-933 k €	+7.8%	-1 M €	+8.3%	-1,1 M €	+2.2%	-1,1 M €	+11.0%	-1,3 M €	+10.4%	-1,4 M €	-379%	-295,4 k €	-42.0%	-208 k €	-3357%	6,4 k €	-98.5%	413,1 k €	+1.8%	406 k €	+26.8%	320,3 k €	-19.2%	396,3 k €
Total assets	9,4 M €	+47.6%	6,4 M €	-43.7%	11,3 M €	+33.6%	8,4 M €	+14.0%	7,4 M €	+146%	3 M €	+15.3%	2,6 M €	+7.9%	2,4 M €	-19.3%	3 M €	+57.0%	1,9 M €	-38.0%	3,1 M €	-48.5%	6 M €	+38.9%	4,3 M €	+23.3%	3,5 M €	+6.6%	3,3 M €	+128%	1,4 M €	+74.4%	825,5 k €	-28.8%	1,2 M €
Cash	239,5 k €	-57.1%	558,7 k €	+71.4%	325,9 k €	-50.8%	662,2 k €	+134%	283,4 k €	-31.9%	416,4 k €	+66.7%	249,8 k €	-11.2%	281,3 k €	-30.1%	402,3 k €	+27.5%	315,5 k €	+75.3%	180 k €	-64.3%	503,9 k €	+34.7%	374 k €	+47.5%	253,5 k €	+1.3%	250,2 k €	+166%	94,2 k €	-31.3%	137,1 k €	+15.3%	119 k €
Debts	7,9 M €	+48.5%	5,3 M €	-51.3%	10,9 M €	+27.6%	8,6 M €	+6.2%	8,1 M €	+106%	3,9 M €	+8.8%	3,6 M €	+2.8%	3,5 M €	-14.7%	4,1 M €	+31.5%	3,1 M €	-30.1%	4,5 M €	-28.7%	6,3 M €	+39.3%	4,5 M €	+29.6%	3,5 M €	+21.7%	2,9 M €	+179%	1 M €	+107%	493,3 k €	-34.3%	751,3 k €
Other
Workforce	6,8 ETP	+44.7%	4,7 ETP	+27.0%	3,7 ETP	-19.6%	4,6 ETP	+7.0%	4,3 ETP	+30.3%	3,3 ETP	+10.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-58.3%	4,8 ETP	+11.6%	4,3 ETP	+13.2%	3,8 ETP	+90.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

Jean-Michel Bichara

Managing director · since 01 octobre 2022 · until 20 juin 2028

Active

Günther Helmuth TRÖSTER

Director · since 20 juin 2015 · until 21 juin 2027

Active

Ingeborg Margarete TRÖSTER

Director · since 20 juin 2015 · until 21 juin 2027

Active

Ended mandates

Jen-Michel Bichara

Managing director · since 01 octobre 2022 · until 20 juin 2028

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 20 juin 2021

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 30 septembre 2022

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 21 juin 2027

Ended

At this address

Other companies at this address

Company	CBE no.
SABELLE COSMETICS● Active	1000.123.646

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	01/01/2025	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	24/06/2026	23/06/2025	28/06/2024	21/08/2023	24/08/2022	09/11/2021
General meeting	22/06/2026	20/06/2025	20/06/2024	31/07/2023	28/07/2022	30/09/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	21/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/07/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/09/2021	09/11/2021	Dutch	PDF
Abridged model	31/12/2019	22/06/2020	29/10/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	12/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	20/06/2007	05/07/2007	Dutch	PDF

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.

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 · 20 ended

Active mandates

Jean-Michel Bichara

Managing director · since 01 octobre 2022 · until 20 juin 2028

Active

Günther Helmuth TRÖSTER

Director · since 20 juin 2015 · until 21 juin 2027

Active

Ingeborg Margarete TRÖSTER

Director · since 20 juin 2015 · until 21 juin 2027

Active

Ended mandates

Jen-Michel Bichara

Managing director · since 01 octobre 2022 · until 20 juin 2028

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 20 juin 2021

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 30 septembre 2022

Ended

Dirk DOUWEN

Managing director · since 20 juin 2015 · until 21 juin 2027

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/09/2025
MAATSCHAPPELIJKE ZETEL
PDF
Other30/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/12/2009
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2005
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 2025414,8 k €↓
2024
Annual accounts 2024642,8 k €↑
2023
Annual accounts 2023460 k €↓
2022
Annual accounts 2022550,3 k €↑
2021
Annual accounts 202155 k €↓
2018
Annual accounts 201878,7 k €↓
2017
Annual accounts 201791,6 k €↑
2016
Annual accounts 201624,5 k €↓
2015
Annual accounts 2015138,7 k €↓
2014
Annual accounts 2014147,1 k €↑
2013
Annual accounts 2013-1,1 M €↓
2012
Annual accounts 2012-87,4 k €↑
2011
Annual accounts 2011-214,4 k €↑
2010
Annual accounts 2010-406,7 k €↓
2009
Annual accounts 20097,2 k €↓
2009
Name changeMERO-TSK Benelux
2008
Annual accounts 200885,7 k €↑
2007
Annual accounts 2007-76,1 k €↓
2006
Annual accounts 200614,1 k €
2006
Name changeMERO BENELUX
17/11/1992
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

MERO-TSK Benelux

Overview

What does MERO-TSK Benelux do?

Trend over 18 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