MERREN
0467.476.256 · rovalta.com · 23/09/2026
ACTIVE
MERREN
Financial year 2025 · closed on 31/12/2025
Net result
11,9 k €
-13.1% YoY
Gross margin
30,3 k €
-23.6% YoY
Equity
10 k €
+635.6% YoY
Overview
What does MERREN do?
MERREN is a Private limited company incorporated in 1999. Its main activity is: Packaging activities. Its registered office is in Ranst.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0467.476.256
Incorporation
01/12/1999
Legal form
Private limited company
Registered office
Abelebaan 87
2520 Ranst · FlandreSee on map
2520 Ranst · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
82920Packaging activities· main82920Packaging activities47740Retail sale of medical and orthopaedic goods in specialised stores47741Retail sale of medical and orthopaedic goods in specialised stores68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate+4
Signals
ProfitablePositive cashflowPositive EBITDA
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 30,3 k € | -23.6% | 39,7 k € | -19.7% | 49,4 k € | -6.9% | 53,1 k € | -5.3% | 56 k € | +79.2% | 31,3 k € | +74.4% | 17,9 k € | -22.5% | 23,1 k € | -25.2% | 30,9 k € | +209% | -28,3 k € | -53.6% | -18,4 k € | -216% | 15,9 k € | -60.5% | 40,3 k € | +27.4% | 31,6 k € | +15.2% | 27,4 k € | -33.3% | 41,1 k € | -4.2% | 42,9 k € | -6.6% | 46 k € | +2.4% | 44,9 k € |
| EBITDA | 27,4 k € | -26.4% | 37,3 k € | -21.9% | 47,7 k € | -6.6% | 51,1 k € | -4.6% | 53,5 k € | +87.5% | 28,5 k € | +93.4% | 14,7 k € | -18.9% | 18,2 k € | -27.0% | 24,9 k € | +146% | -54,3 k € | -153% | -21,5 k € | -259% | 13,5 k € | -62.7% | 36,1 k € | +39.7% | 25,9 k € | -1.9% | 26,4 k € | -31.2% | 38,3 k € | -5.0% | 40,4 k € | -6.2% | 43 k € | +5.0% | 41 k € |
| Operating result | 20,4 k € | -15.8% | 24,2 k € | -38.9% | 39,7 k € | -7.8% | 43 k € | -5.4% | 45,5 k € | +122% | 20,5 k € | +205% | 6,7 k € | -33.9% | 10,2 k € | -39.8% | 16,9 k € | +127% | -62,3 k € | -57.1% | -39,7 k € | -361% | -8,6 k € | -180% | 10,8 k € | +111% | 5,1 k € | -7.1% | 5,5 k € | -45.3% | 10,1 k € | -3.2% | 10,4 k € | -13.1% | 12 k € | -12.3% | 13,6 k € |
| Net result | 11,9 k € | -13.1% | 13,7 k € | -40.0% | 22,8 k € | -29.1% | 32,2 k € | -13.2% | 37,1 k € | +229% | 11,3 k € | +424% | -3,5 k € | -113% | -1,6 k € | -299% | 820,9 € | +101% | -75,1 k € | -287% | 40,1 k € | +250% | -26,8 k € | -191% | -9,2 k € | -23.6% | -7,4 k € | -101% | -3,7 k € | -359% | 1,4 k € | +417% | 276,5 € | -81.7% | 1,5 k € | -61.3% | 3,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 10 k € | +636% | -1,9 k € | +88.0% | -15,6 k € | +59.5% | -38,4 k € | +45.6% | -70,6 k € | +34.4% | -107,6 k € | +9.5% | -118,9 k € | -3.0% | -115,4 k € | -1.4% | -113,8 k € | +0.7% | -114,6 k € | -394% | -23,2 k € | +36.1% | -36,3 k € | -280% | -9,6 k € | -2533% | -363 € | +93.2% | -5,3 k € | -230% | -1,6 k € | +47.1% | -3 k € | +8.3% | -3,3 k € | +31.3% | -4,8 k € |
| Total assets | 173,8 k € | -3.0% | 179,1 k € | -7.9% | 194,5 k € | -7.7% | 210,7 k € | -3.4% | 218,1 k € | +1.9% | 214,1 k € | -2.6% | 219,9 k € | -4.5% | 230,3 k € | -3.1% | 237,6 k € | -4.5% | 248,7 k € | -20.0% | 310,8 k € | +7.3% | 289,7 k € | -11.7% | 328,2 k € | -7.6% | 355,4 k € | +434% | 66,6 k € | -30.2% | 95,4 k € | -22.5% | 123,1 k € | -16.3% | 147 k € | -9.7% | 162,8 k € |
| Cash | 1,1 k € | -41.6% | 1,8 k € | +3995% | 44,7 € | -99.6% | 11,5 k € | +32.4% | 8,7 k € | +149818% | 5,8 € | -59.6% | 14,4 € | -98.2% | 807,6 € | -65.6% | 2,4 k € | -5.5% | 2,5 k € | -83.8% | 15,4 k € | +385% | 3,2 k € | -78.0% | 14,4 k € | -22.7% | 18,6 k € | +1183% | 1,4 k € | -86.3% | 10,5 k € | -12.5% | 12,1 k € | +174% | 4,4 k € | -66.5% | 13,2 k € |
| Debts | 163,8 k € | -9.5% | 181 k € | -13.8% | 210,1 k € | -15.7% | 249,1 k € | -13.7% | 288,5 k € | -10.3% | 321,8 k € | -5.0% | 338,8 k € | -2.0% | 345,7 k € | -1.2% | 350 k € | -3.6% | 363,3 k € | +9.9% | 330,6 k € | +1.5% | 325,8 k € | -3.6% | 337,8 k € | -4.8% | 354,7 k € | +393% | 71,9 k € | -25.9% | 97 k € | -23.1% | 126,1 k € | -16.1% | 150,3 k € | -10.3% | 167,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0,5 ETP | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Serge Renders
ActiveEnded mandates
Joseph Mertens
EndedJoseph Mertens
EndedJoseph Mertens
EndedKrista Mertens
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 18/06/2026 | 22/07/2025 | 23/07/2024 | 27/07/2023 | 28/07/2022 | 23/07/2021 |
| General meeting | 15/06/2026 | 16/06/2025 | 17/06/2024 | 19/06/2023 | 20/06/2022 | 21/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/06/2026 | 18/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 16/06/2025 | 22/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 17/06/2024 | 23/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 19/06/2023 | 27/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 20/06/2022 | 28/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 21/06/2021 | 23/07/2021 | Dutch | |
| Micro model | 31/12/2019 | 15/06/2020 | 28/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 17/06/2019 | 25/07/2019 | Dutch | |
| Micro model | 31/12/2017 | 18/06/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/06/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2014 | 15/06/2015 | 24/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 16/06/2014 | 17/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 30/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 18/06/2012 | 31/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/06/2011 | 25/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 21/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 15/06/2009 | 13/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 16/06/2008 | 22/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 18/06/2007 | 31/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Serge Renders
ActiveEnded mandates
Joseph Mertens
EndedJoseph Mertens
EndedJoseph Mertens
EndedKrista Mertens
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates28/10/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Registered office29/11/2017MAATSCHAPPELIJKE ZETEL
- Registered office26/01/2017MAATSCHAPPELIJKE ZETEL
- Registered office03/07/2014MAATSCHAPPELIJKE ZETEL
- Mandates19/02/2010ONTSLAGEN - BENOEMINGEN
- Mandates14/03/2007ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202511,9 k €↓
- 2024Annual accounts 202413,7 k €↓
- 2023Annual accounts 202322,8 k €↓
- 2022Annual accounts 202232,2 k €↓
- 2021Annual accounts 202137,1 k €↑
- 2020Annual accounts 202011,3 k €↑
- 2020Name changeMerren
- 2019Annual accounts 2019-3,5 k €↓
- 2018Annual accounts 2018-1,6 k €↓
- 2017Annual accounts 2017820,9 €↑
- 2016Annual accounts 2016-75,1 k €↓
- 2014Annual accounts 201440,1 k €↑
- 2013Annual accounts 2013-26,8 k €↓
- 2012Annual accounts 2012-9,2 k €↓
- 2011Annual accounts 2011-7,4 k €↓
- 2010Annual accounts 2010-3,7 k €↓
- 2009Annual accounts 20091,4 k €↑
- 2008Annual accounts 2008276,5 €↓
- 2007Annual accounts 20071,5 k €↓
- 2006Annual accounts 20063,9 k €
- 2006Name changeFRITPALEIS
- 01/12/1999IncorporationPrivate limited company