ACTIVE

JOHAN MERLEVEDE

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Financial year 2025 · closed on 30/06/2025

Net result

117,1 k €

+26.0% YoY

Gross margin

1 M €

+6.5% YoY

Equity

752,2 k €

+2.3% YoY

Workforce

11,4 ETP

-10.2% YoY

What does JOHAN MERLEVEDE do?

JOHAN MERLEVEDE is a Private limited company incorporated in 1994. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Kortrijk. It employs on average 11,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.409.483

Incorporation

21/04/1994

Legal form

Private limited company

Registered office

Decauvillestraat(Mar) 18
8510 Kortrijk · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Average workforce

11,4 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 43410Specialised construction activities+12

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1 M €	+6.5%	954,7 k €	-26.5%	1,3 M €	+36.8%	949,5 k €	+11.5%	851,7 k €	+7.9%	789,3 k €	-22.9%	1 M €	+5.4%	971,6 k €	-4.3%	1 M €	-13.1%	1,2 M €	+20.9%	966,5 k €	-20.8%	1,2 M €	-0.6%	1,2 M €	+14.6%	1,1 M €	+15.5%	928,7 k €	-7.1%	999,8 k €	-11.6%	1,1 M €	+12.5%	1 M €	+29.9%	774,4 k €
EBITDA	215,1 k €	+39.2%	154,5 k €	-72.7%	566,2 k €	+128%	248,7 k €	+13.5%	219,1 k €	+15.7%	189,3 k €	-47.1%	357,9 k €	+38.5%	258,4 k €	+0.3%	257,7 k €	-37.7%	413,6 k €	+52.1%	272 k €	-49.9%	542,6 k €	-11.2%	610,8 k €	+36.0%	449,2 k €	-3.7%	466,5 k €	-16.0%	555,4 k €	-12.6%	635,8 k €	+63.0%	390,1 k €	+41.4%	275,9 k €
Operating result	192,6 k €	+45.3%	132,5 k €	-75.3%	536,9 k €	+137%	226,2 k €	+15.1%	196,6 k €	+15.0%	171 k €	-47.0%	322,4 k €	+55.8%	206,9 k €	-2.2%	211,5 k €	-39.2%	348,2 k €	+64.8%	211,3 k €	-55.7%	477,2 k €	-17.0%	575,1 k €	+44.8%	397,2 k €	-6.5%	424,6 k €	-18.0%	518,1 k €	-10.1%	576,5 k €	+80.1%	320,1 k €	+49.2%	214,6 k €
Net result	117,1 k €	+26.0%	92,9 k €	-76.9%	402,7 k €	+123%	180,7 k €	+31.5%	137,4 k €	+22.7%	112 k €	-50.6%	226,7 k €	+69.2%	134 k €	-10.5%	149,7 k €	-35.4%	231,6 k €	+60.7%	144,1 k €	-55.2%	321,4 k €	-14.5%	375,8 k €	+36.3%	275,8 k €	-3.9%	286,8 k €	-15.0%	337,3 k €	-9.5%	372,9 k €	+74.8%	213,3 k €	+55.8%	136,9 k €
Balance sheet
Equity	752,2 k €	+2.3%	735,1 k €	-1.0%	742,2 k €	+37.6%	539,5 k €	-40.0%	898,8 k €	+18.1%	761,4 k €	-4.8%	799,4 k €	-0.8%	805,7 k €	-7.6%	871,7 k €	+20.7%	722 k €	+4.6%	690,4 k €	+0.6%	686,3 k €	+11.6%	614,9 k €	+11.4%	551,9 k €	+4.9%	526,1 k €	+7.5%	489,3 k €	+8.2%	452,1 k €	+471%	79,2 k €	-86.6%	590,9 k €
Total assets	1,1 M €	-6.3%	1,2 M €	-13.9%	1,4 M €	+4.9%	1,3 M €	+3.4%	1,3 M €	+9.7%	1,2 M €	-11.6%	1,3 M €	-2.5%	1,4 M €	-2.7%	1,4 M €	+2.5%	1,4 M €	+7.9%	1,3 M €	-12.3%	1,5 M €	+7.1%	1,4 M €	+3.4%	1,3 M €	+20.8%	1,1 M €	-4.2%	1,1 M €	-3.5%	1,2 M €	-8.5%	1,3 M €	+14.5%	1,1 M €
Cash	310,9 k €	+55.3%	200,2 k €	-56.9%	464,3 k €	-9.0%	510,3 k €	+53.0%	333,5 k €	-0.3%	334,6 k €	-11.0%	376,1 k €	-20.1%	470,4 k €	-11.1%	529,1 k €	+8.0%	490 k €	+1.9%	480,7 k €	+18.2%	406,7 k €	-11.9%	461,5 k €	+54.2%	299,4 k €	-27.7%	414,1 k €	-4.0%	431,3 k €	-7.0%	463,6 k €	+8.5%	427,4 k €	+103%	210,7 k €
Debts	381,9 k €	-19.0%	471,7 k €	-26.5%	642 k €	-20.0%	802,3 k €	+226%	246,4 k €	-41.8%	423,1 k €	-19.8%	527,4 k €	-7.1%	567,5 k €	+7.3%	528,9 k €	-16.8%	635,8 k €	+9.2%	582,1 k €	-23.3%	759,5 k €	+2.9%	738,1 k €	-2.3%	755,4 k €	+37.0%	551,2 k €	-12.7%	631,2 k €	-11.9%	716,5 k €	-40.5%	1,2 M €	+129%	526,9 k €
Other
Workforce	11,4 ETP	-10.2%	12,7 ETP	+12.4%	11,3 ETP	-5.0%	11,9 ETP	0.0%	11,9 ETP	+5.3%	11,3 ETP	-6.6%	12,1 ETP	-6.2%	12,9 ETP	-16.2%	15,4 ETP	-4.3%	16,1 ETP	+20.1%	13,4 ETP	+0.8%	13,3 ETP	+6.4%	12,5 ETP	-3.8%	13,0 ETP	+27.5%	10,2 ETP	-1.0%	10,3 ETP	-10.4%	11,5 ETP	-20.1%	14,4 ETP	+11.6%	12,9 ETP

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 30/06/2025 · 1 active · 5 ended

Active mandates

MERCRO MANAGEMENT

Director · since 01 janvier 2010 · 0821.666.709

Represented by Decroos BART

Active

Ended mandates

Johan Merlevede

Director

Ended

Johan Merlevede

Manager

Ended

Marie-Christine Vanriest

Manager

Ended

MERCRO MANAGEMENT

Director · 0821.666.709

Represented by Bart Decroos

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/12/2025	19/12/2024	15/12/2023	20/12/2022	21/12/2021	17/12/2020
General meeting	05/12/2025	06/12/2024	01/12/2023	02/12/2022	04/12/2021	04/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	05/12/2025	18/12/2025	Dutch	PDF
Abridged model	30/06/2024	06/12/2024	19/12/2024	Dutch	PDF
Abridged model	30/06/2023	01/12/2023	15/12/2023	Dutch	PDF
Abridged model	30/06/2022	02/12/2022	20/12/2022	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	21/12/2021	Dutch	PDF
Abridged model	30/06/2020	04/12/2020	17/12/2020	Dutch	PDF
Abridged model	30/06/2019	06/12/2019	19/12/2019	Dutch	PDF
Abridged model	30/06/2018	07/12/2018	20/12/2018	Dutch	PDF
Abridged model	30/06/2017	01/12/2017	19/12/2017	Dutch	PDF
Abridged model	30/06/2016	02/12/2016	31/01/2017	Dutch	PDF
Abridged model	30/06/2015	04/12/2015	27/01/2016	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	05/01/2015	Dutch	PDF
Abridged model	30/06/2013	05/12/2013	17/02/2014	Dutch	PDF
Abridged model	30/06/2012	07/12/2012	25/01/2013	Dutch	PDF
Abridged model	30/06/2011	02/12/2011	09/01/2012	Dutch	PDF
Abridged model	30/06/2010	02/12/2010	17/02/2011	Dutch	PDF
Abridged model	30/06/2009	04/12/2009	26/01/2010	Dutch	PDF
Abridged model	30/06/2008	05/12/2008	02/02/2009	Dutch	PDF
Abridged model	30/06/2007	07/12/2007	29/02/2008	Dutch	PDF
Abridged model	30/06/2006	01/12/2006	28/02/2007	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 30/06/2025 · 1 active · 5 ended

Active mandates

MERCRO MANAGEMENT

Director · since 01 janvier 2010 · 0821.666.709

Represented by Decroos BART

Active

Ended mandates

Johan Merlevede

Director

Ended

Johan Merlevede

Manager

Ended

Marie-Christine Vanriest

Manager

Ended

MERCRO MANAGEMENT

Director · 0821.666.709

Represented by Bart Decroos

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/12/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates21/04/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/03/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025117,1 k €↑
2024
Annual accounts 202492,9 k €↓
2023
Annual accounts 2023402,7 k €↑
2023
Name changeMerlevede Johan
2022
Annual accounts 2022180,7 k €↑
2022
Name changeJOHAN MERLEVEDE
2021
Annual accounts 2021137,4 k €↑
2020
Annual accounts 2020112 k €↓
2019
Annual accounts 2019226,7 k €↑
2018
Annual accounts 2018134 k €↓
2017
Annual accounts 2017149,7 k €↓
2016
Annual accounts 2016231,6 k €↑
2015
Annual accounts 2015144,1 k €↓
2014
Annual accounts 2014321,4 k €↓
2013
Annual accounts 2013375,8 k €↑
2012
Annual accounts 2012275,8 k €↓
2011
Annual accounts 2011286,8 k €↓
2010
Annual accounts 2010337,3 k €↓
2009
Annual accounts 2009372,9 k €↑
2008
Annual accounts 2008213,3 k €↑
2007
Annual accounts 2007136,9 k €
21/04/1994
IncorporationPrivate 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

JOHAN MERLEVEDE

Overview

What does JOHAN MERLEVEDE do?

Trend over 19 financial years

Indicative valuation

Board of directors

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