NORMAL SITUATION

Passiv Construction Mertes

Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result3,3 k €-75,4 %over 1 year
Gross margin7,5 k €-58,0 %over 1 year
Equity26,7 k €+14,2 %over 1 year

Identity

Source · BCE/KBO

Passiv Construction Mertes is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.642.112
Legal form
Public limited company
Contributed capital
61 973,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 27 filings

Trend over 18 financial years

20232022202120202019
Income statement
Gross margin7,5 k €17,9 k €2,2 k €-13,3 k €-1,5 k €
EBITDA6 k €12,7 k €872 €-14,6 k €-2,7 k €
Operating result-2,6 k €4,4 k €-7,4 k €-22,9 k €-11 k €
Net result3,3 k €13,5 k €4,5 k €-11,7 k €-954 €
Balance sheet
Equity26,7 k €23,4 k €9,9 k €5,5 k €17,2 k €
Total assets55,3 k €266,2 k €380,4 k €376,2 k €387,4 k €
Cash3,4 k €670 €–5,2 k €36,6 k €
Debts28,5 k €242,8 k €370,4 k €370,8 k €370,3 k €

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 12 ended

Active mandates

Brigitte Reuter

Director · since 16 août 2022 · until 25 avril 2026

Active
Bruno Mertes

Chairman of the board of directors · since 16 août 2022 · until 25 avril 2026

Active
Bruno Mertes

Administrator - manager · since 16 août 2022 · until 25 avril 2026

Active

Ended mandates

Brigitte Reuter

Director · since 05 novembre 2014 · until 25 avril 2022

Ended
Bruno Mertes

Director · since 05 novembre 2014 · until 25 avril 2015

Ended
Olivier Mertes

Chairman of the board of directors · since 05 novembre 2014 · until 25 avril 2022

Ended
Olivier Mertes

Managing director · since 05 novembre 2014 · until 25 avril 2022

Ended

Full financial information

Source · NBB
202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202423/08/202327/07/202224/09/202120/07/202023/07/2019
General meeting25/04/202425/04/202325/04/202225/04/202125/04/202025/04/2019
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, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202325/04/202410/07/2024GermanPDF
Abridged model31/12/202225/04/202323/08/2023FrenchPDF
Abridged model31/12/202125/04/202227/07/2022FrenchPDF
Abridged model31/12/202025/04/202124/09/2021FrenchPDF
Abridged model31/12/201925/04/202020/07/2020FrenchPDF
Abridged model31/12/201825/04/201923/07/2019FrenchPDF
Abridged model31/12/201725/04/201806/09/2018FrenchPDF
Abridged model31/12/201625/04/201721/08/2017FrenchPDF
Abridged model31/12/201525/04/201629/07/2016FrenchPDF
Abridged model31/12/201425/04/201509/07/2015FrenchPDF
Abridged model31/12/201325/04/201407/08/2014FrenchPDF
Abridged model31/12/201225/04/201313/08/2013FrenchPDF
Abridged model31/12/201125/04/201203/07/2012FrenchPDF
Abridged model31/12/201025/04/201105/08/2011FrenchPDF
Abridged model31/12/200925/04/201009/08/2010FrenchPDF
Abridged model31/12/200825/04/200920/08/2009FrenchPDF
Abridged model31/12/200725/04/200811/08/2008FrenchPDF
Abridged model31/12/200625/04/200713/08/2007FrenchPDF
Abridged model31/12/200525/04/200617/08/2006FrenchPDF
Abridged model31/12/200425/04/200529/08/2005FrenchPDF
Abridged model31/12/200322/04/200423/09/2004FrenchPDF
Abridged model31/12/200224/04/200302/09/2003FrenchPDF
Abridged model31/12/200125/04/200205/12/2002FrenchPDF
Abridged model31/12/200025/04/200122/10/2001FrenchPDF

View all 27 filings

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.

Board of directors

Source · NBB, accounts to 31/12/2023

3 active · 12 ended

Active mandates

Brigitte Reuter

Director · since 16 août 2022 · until 25 avril 2026

Active
Bruno Mertes

Chairman of the board of directors · since 16 août 2022 · until 25 avril 2026

Active
Bruno Mertes

Administrator - manager · since 16 août 2022 · until 25 avril 2026

Active

Ended mandates

Brigitte Reuter

Director · since 05 novembre 2014 · until 25 avril 2022

Ended
Bruno Mertes

Director · since 05 novembre 2014 · until 25 avril 2015

Ended
Olivier Mertes

Chairman of the board of directors · since 05 novembre 2014 · until 25 avril 2022

Ended
Olivier Mertes

Managing director · since 05 novembre 2014 · until 25 avril 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/09/2024
    ENTLASSUNG - ERNENNUNG
    PDF
  • Restructuring08/07/2024
    RUBRIK UMBAU (VERSCHMELZUNG, SPALTUNG, UEBERTRAGUNG VERMOEGEN, USW)
    PDF
  • Mandates14/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2014
    DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/10/2009
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 20233,3 k €↓
  2. 2022
    Annual accounts 202213,5 k €↑
  3. 2021
    Annual accounts 20214,5 k €↑
  4. 2020
    Annual accounts 2020-11,7 k €↓
  5. 2019
    Annual accounts 2019-954 €↓
  6. 2018
    Annual accounts 201825,9 k €↓
  7. 2017
    Annual accounts 201729,7 k €↑
  8. 2016
    Annual accounts 20164,1 k €↑
  9. 2015
    Annual accounts 2015-22,7 k €↓
  10. 2014
    Annual accounts 201436,9 k €↑
  11. 2013
    Annual accounts 2013-10,8 k €↑
  12. 2012
    Annual accounts 2012-11,7 k €↑
  13. 2011
    Annual accounts 2011-14,9 k €↓
  14. 2010
    Annual accounts 2010-11,9 k €↓
  15. 2009
    Annual accounts 2009-10,3 k €↓
  16. 2008
    Annual accounts 2008-8 k €↑
  17. 2007
    Annual accounts 2007-8,2 k €↑
  18. 2006
    Annual accounts 2006-8,3 k €