NORMAL SITUATION

MERKO

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Financial year 2026 · closed on 23/04/2026
Net result
2,2 k €
+102.2% YoY
Gross margin
-99,8 k €
+14.4% YoY
Equity
1,5 M €
+0.1% YoY

Company — Normal situation.

Strike-off: 04 juin 2026

What does MERKO do?

MERKO is a Public limited company incorporated in 1994.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0452.072.953
Incorporation
01/02/1994
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
23/04/2026
Signals
ProfitableSolid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20262025202420232022202120202019
Income statement
Gross margin-99,8 k €-116,6 k €36,3 k €119,4 k €97,5 k €302,9 k €601,6 k €405,4 k €
EBITDA-99,8 k €-121,8 k €35,2 k €118,3 k €95,5 k €176,3 k €154,1 k €154,6 k €
Operating result-7,8 k €-122,2 k €35,2 k €118,3 k €95,5 k €168 k €136,9 k €146,5 k €
Net result2,2 k €-97 k €64,9 k €129,2 k €68,9 k €136 k €292,3 k €2,5 M €
Balance sheet
Equity1,5 M €1,5 M €1,6 M €1,5 M €1,4 M €3,6 M €3,4 M €3,1 M €
Total assets1,5 M €1,6 M €2,6 M €2,1 M €4 M €3,7 M €3,6 M €3,7 M €
Cash–––––719,4 k €522,8 k €203,1 k €
Debts–100,1 k €1 M €567,9 k €2,6 M €107,6 k €206,9 k €587,8 k €
Other
Workforce–––––4,0 ETP3,4 ETP2,1 ETP
Governance

Board of directors

Seen on filing of 23/04/2026 · 2 active · 3 ended

Active mandates

Karl Gausler

Managing director · since 16 avril 2021 · until 16 avril 2027

Active
François Herviaux

Managing director · until 16 avril 2027

Active

Ended mandates

François Herviaux

Managing director · until 10 juin 2024

Ended
Kevin Parker

Director · until 16 avril 2021

Ended
Kevin Parker

Director · until 10 juin 2024

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202601/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year23/04/202631/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year4 months12 months12 months12 months12 months12 months
Filing date03/06/202604/03/202611/08/202530/08/202424/07/202316/08/2022
General meeting23/04/202617/02/202610/06/202510/06/202410/06/202310/06/2022
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model23/04/202623/04/202603/06/2026DutchPDF
Abridged model31/12/202517/02/202604/03/2026DutchPDF
Abridged model31/12/202410/06/202511/08/2025DutchPDF
Abridged model31/12/202310/06/202430/08/2024DutchPDF
Abridged model31/12/202210/06/202324/07/2023DutchPDF
Abridged model31/12/202110/06/202216/08/2022DutchPDF
Abridged modelCorrection31/12/202020/04/202204/05/2022DutchPDF
Abridged modelCorrection31/12/201920/04/202204/05/2022DutchPDF
Estimate

Indicative valuation

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 23/04/2026 · 2 active · 3 ended

Active mandates

Karl Gausler

Managing director · since 16 avril 2021 · until 16 avril 2027

Active
François Herviaux

Managing director · until 16 avril 2027

Active

Ended mandates

François Herviaux

Managing director · until 10 juin 2024

Ended
Kevin Parker

Director · until 16 avril 2021

Ended
Kevin Parker

Director · until 10 juin 2024

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2026
    Annual accounts 20262,2 k €↑
  2. 2025
    Annual accounts 2025-97 k €↓
  3. 2024
    Annual accounts 202464,9 k €↓
  4. 2023
    Annual accounts 2023129,2 k €↑
  5. 2022
    Annual accounts 202268,9 k €↓
  6. 2021
    Annual accounts 2021136 k €↓
  7. 2020
    Annual accounts 2020292,3 k €↓
  8. 2019
    Annual accounts 20192,5 M €
  9. 01/02/1994
    IncorporationPublic limited company