ACTIVE

MERYTHERM

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Financial year 2025 · Closed on 31/12/2025

Net result3,9 k €-92,7 %over 1 year
Gross margin101,6 k €+16,6 %over 1 year
Equity963,5 k €-0,7 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MERYTHERM is a Public limited company incorporated in 1995. Its main activity is: Production of electricity. Its registered office is in Esneux.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.892.179
Incorporation
08/09/1995
Legal form
Public limited company
Registered office
Allée des Artisans 26
4130 Esneux · WallonieSee on map
Contributed capital
174 281,26 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (3)
  • 100
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin101,6 k €87,2 k €56,4 k €91,2 k €207,4 k €
EBITDA62,6 k €84,4 k €55,2 k €66,5 k €168,9 k €
Operating result-603,7 €6,5 k €-21,4 k €-3,3 k €130,3 k €
Net result3,9 k €54 k €-21,3 k €-2,9 k €108,4 k €
Balance sheet
Equity963,5 k €970,7 k €927,9 k €960,4 k €926,9 k €
Total assets1,8 M €1,9 M €1,9 M €2,1 M €2,4 M €
Cash11,8 k €35,8 k €2 k €15,5 k €157 k €
Debts660,7 k €733 k €773,7 k €975,3 k €1,3 M €
Other
Workforce0,0 ETP0,0 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LA COMPAGNIE DU POIRIER0479.769.522Represented by Tania Duchesne
Director20/10/2009 → 20/11/2029
N2D20474.783.821Represented by Niels Duchesne
Director20/11/2023 → 20/11/2029Managing director10/01/2013 → 2023 accountsendedChairman of the board of directors10/01/2013 → 2013 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NOSHAQ PARTNERS0808.219.836Represented by Julie Gaspard
Directorlisted until the 2017 accounts
NIELS DUCHESNE
Managing director12/01/2007 → 2012 accounts
TANIA DUCHESNE
Director12/01/2007 → 2009 accounts

Other companies at this address

Allée des Artisans 26 4130 Esneux
CompanyCBE no.
AQUA PREVENTIA● Active
0552.576.336
C-MAS● Active
0794.469.986
FLS CONSTRUCTION● Active
1037.469.438

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date17/07/202616/07/202504/07/202426/09/202330/08/202207/07/2021
General meeting27/06/202618/06/202518/06/202411/09/202305/05/202205/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/06/202617/07/2026FrenchPDF
Abridged model31/12/202418/06/202516/07/2025FrenchPDF
Abridged model31/12/202318/06/202404/07/2024FrenchPDF
Abridged model31/12/202211/09/202326/09/2023FrenchPDF
Micro model31/12/202105/05/202230/08/2022FrenchPDF
Micro model31/12/202005/05/202107/07/2021FrenchPDF
Micro model31/12/201905/05/202017/06/2020FrenchPDF
Micro model31/12/201807/05/201924/07/2019FrenchPDF
Abridged model31/12/201729/03/201803/08/2018FrenchPDF
Abridged model31/12/201602/05/201710/08/2017FrenchPDF
Abridged model31/12/201503/05/201624/06/2016FrenchPDF
Abridged model31/12/201405/05/201503/07/2015FrenchPDF
Abridged model31/12/201320/05/201424/06/2014FrenchPDF
Abridged model31/12/201221/05/201324/05/2013FrenchPDF
Abridged model31/12/201115/05/201208/06/2012FrenchPDF
Abridged model31/12/201017/05/201108/06/2011FrenchPDF
Abridged model30/09/200908/01/201003/02/2010FrenchPDF
Abridged model30/09/200809/01/200923/02/2009FrenchPDF
Abridged model30/09/200711/01/200821/02/2008FrenchPDF
Abridged model30/09/200612/01/200710/04/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LA COMPAGNIE DU POIRIER0479.769.522Represented by Tania Duchesne
Director20/10/2009 → 20/11/2029
N2D20474.783.821Represented by Niels Duchesne
Director20/11/2023 → 20/11/2029Managing director10/01/2013 → 2023 accountsendedChairman of the board of directors10/01/2013 → 2013 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
NOSHAQ PARTNERS0808.219.836Represented by Julie Gaspard
Directorlisted until the 2017 accounts
NIELS DUCHESNE
Managing director12/01/2007 → 2012 accounts
TANIA DUCHESNE
Director12/01/2007 → 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates03/06/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/02/2018
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates11/06/2013
    RENOUVELLEMENT DE MANDAT et NOMINATION
    PDF
  • Other04/11/2009
    Elargissement de l'objet social - Modification de
    PDF
  • Mandates11/03/2008
    Renouvellement des mandats d'administrateurs et changement de
    PDF
  • Mandates30/03/2006
    Démission d'un administrateur
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
N2D2
LA COMPAGNIE DU POIRIER
NOSHAQ PARTNERS
NIELS DUCHESNE
TANIA DUCHESNE
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
MERYTHERM
Allée des Artisans 26, 4130 Esneux
DirectorManaging director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Allée des Artisans 26, 4130 EsneuxCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00312705

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MERYTHERMCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00312705

Events

  1. 2025
    Annual accounts 20253,9 k €↓
  2. 2024
    Annual accounts 202454 k €↑
  3. 2023
    Annual accounts 2023-21,3 k €↓
  4. 2022
    Annual accounts 2022-2,9 k €↓
  5. 2021
    Annual accounts 2021108,4 k €↑
  6. 2020
    Annual accounts 20206 k €↓
  7. 2019
    Annual accounts 201924,8 k €↑
  8. 2018
    Annual accounts 20188,8 k €↓
  9. 2017
    Annual accounts 2017131,1 k €↑
  10. 2016
    Annual accounts 20163 k €↓
  11. 2015
    Annual accounts 2015251 k €↑
  12. 2014
    Annual accounts 20144,9 k €↑
  13. 2013
    Annual accounts 2013156 €↓
  14. 2012
    Annual accounts 201231,4 k €↑
  15. 2011
    Annual accounts 201111,6 k €↓
  16. 2010
    Annual accounts 2010109,2 k €↑
  17. 2009
    Annual accounts 200946,4 k €↑
  18. 2008
    Annual accounts 200822,8 k €↑
  19. 2007
    Annual accounts 200713,2 k €↑
  20. 2006
    Annual accounts 200612,5 k €
  21. 08/09/1995
    IncorporationPublic limited company