ACTIVE

MERELHOF

Financial year 2025 · closed on 31/12/2025
Net result
2,3 M €
+1539.7% YoY
Gross margin
5,6 M €
+413.5% YoY
Equity
3,9 M €
+144.3% YoY
Workforce
0,0 ETP
-100.0% YoY

What does MERELHOF do?

MERELHOF is a Public limited company incorporated in 1994. Its main activity is: Raising of swine/pigs. Its registered office is in Rijkevorsel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.268.933
Incorporation
17/03/1994
Legal form
Public limited company
Registered office
Gansheideweg 4
2310 Rijkevorsel · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (4)
  • 144
  • 1440
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820102009200820072006
Income statement
Gross margin5,6 M €1,1 M €1 M €850,8 k €299,4 k €694,5 k €495,2 k €267,5 k €152,8 k €28,3 k €300,4 k €
EBITDA3,1 M €560,1 k €948,8 k €801,1 k €255 k €652,5 k €489,1 k €264,3 k €150,6 k €25,5 k €298,7 k €
Operating result3 M €240,4 k €597,2 k €458,2 k €-80,4 k €420,6 k €232,9 k €-954,7 €-133,8 k €-177,6 k €142,2 k €
Net result2,3 M €139,9 k €504,8 k €402 k €-133 k €329,2 k €33,9 k €-238,1 k €-309,5 k €-222,9 k €53,4 k €
Balance sheet
Equity3,9 M €1,6 M €1,4 M €945,1 k €543,1 k €-286,6 k €-1,2 M €-1,3 M €-1 M €-735,1 k €-512,2 k €
Total assets4,4 M €3,3 M €5,2 M €4,8 M €4,7 M €4,3 M €3,4 M €3,4 M €4,6 M €2,3 M €2,3 M €
Cash489 k €332 k €835,8 k €444,4 k €815 k €730,5 k €38,3 k €106 k €86,9 k €41,2 k €272,4 k €
Debts493,5 k €1,7 M €3,7 M €3,8 M €4,1 M €4,6 M €4,7 M €4,7 M €5,6 M €3 M €2,8 M €
Other
Workforce0,0 ETP2,0 ETP1,2 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 25 ended

Active mandates

Gerardus Hendrikx

Director

Active
Guustaaf Hendrikx

Director

Active

Ended mandates

Gerardus Hendrikx

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Gerardus Hendrikx

Managing director · since 16 juin 2020 · until 16 juin 2026

Ended
HOLDINGMIJ GUUS HENDRIKX

Director · since 16 juin 2020 · until 16 juin 2026 · 0480.360.331

Represented by Guustaaf HENDRIKX

Ended
Gerardus Hendrikx

Managing director · since 18 juin 2013 · until 18 juin 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
0480.360.331
0452.372.267
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202627/06/202528/06/202412/07/202322/06/202231/08/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202215/06/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202630/07/2026DutchPDF
Abridged model31/12/202417/06/202527/06/2025DutchPDF
Abridged model31/12/202318/06/202428/06/2024DutchPDF
Abridged model31/12/202220/06/202312/07/2023DutchPDF
Abridged model31/12/202121/06/202222/06/2022DutchPDF
Abridged model31/12/202015/06/202131/08/2021DutchPDF
Abridged model31/12/201916/06/202015/07/2020DutchPDF
Abridged modelCorrection31/12/201818/06/201909/10/2019DutchPDF
Abridged model31/12/201818/06/201901/08/2019DutchPDF
Abridged model31/12/201719/06/201829/06/2018DutchPDF
Abridged model31/12/201620/06/201703/07/2017DutchPDF
Abridged model31/12/201521/06/201611/08/2016DutchPDF
Abridged model31/12/201416/06/201530/07/2015DutchPDF
Abridged model31/12/201318/06/201428/08/2014DutchPDF
Abridged model31/12/201218/06/201313/08/2013DutchPDF
Abridged model31/12/201119/06/201217/07/2012DutchPDF
Abridged model31/12/201021/06/201120/07/2011DutchPDF
Abridged modelCorrection31/12/200915/06/201019/10/2010DutchPDF
Abridged model31/12/200915/06/201014/07/2010DutchPDF
Abridged model31/12/200816/06/200927/07/2009DutchPDF
Abridged model31/12/200720/06/200804/08/2008DutchPDF
Abridged model31/12/200619/06/200705/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 25 ended

Active mandates

Gerardus Hendrikx

Director

Active
Guustaaf Hendrikx

Director

Active

Ended mandates

Gerardus Hendrikx

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Gerardus Hendrikx

Managing director · since 16 juin 2020 · until 16 juin 2026

Ended
HOLDINGMIJ GUUS HENDRIKX

Director · since 16 juin 2020 · until 16 juin 2026 · 0480.360.331

Represented by Guustaaf HENDRIKX

Ended
Gerardus Hendrikx

Managing director · since 18 juin 2013 · until 18 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2007
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/01/2007
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2002
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - 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 20252,3 M €
  2. 2024
    Annual accounts 2024139,9 k €
  3. 2023
    Annual accounts 2023504,8 k €
  4. 2022
    Annual accounts 2022402 k €
  5. 2021
    Annual accounts 2021-133 k €
  6. 2018
    Annual accounts 2018329,2 k €
  7. 2010
    Annual accounts 201033,9 k €
  8. 2009
    Annual accounts 2009-238,1 k €
  9. 2008
    Annual accounts 2008-309,5 k €
  10. 2007
    Annual accounts 2007-222,9 k €
  11. 2006
    Annual accounts 200653,4 k €
  12. 17/03/1994
    IncorporationPublic limited company