MERAPI
0477.830.710 · rovalta.com · 21/09/2026
ACTIVE
MERAPI
Financial year 2025 · closed on 31/12/2025
Net result
-37,0 k €
-84.2% YoY
Gross margin
9,8 k €
-60.5% YoY
Equity
40,8 k €
-47.5% YoY
Overview
What does MERAPI do?
MERAPI is a Private limited company incorporated in 2002. Its main activity is: Computer consultancy activities. Its registered office is in Ixelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0477.830.710
Incorporation
25/06/2002
Legal form
Private limited company
Registered office
Av. Pierre et Marie Curie 39
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering69201Accounting, bookkeeping and auditing activities; tax consultancy69209Accounting, bookkeeping and auditing activities; tax consultancy74124Specialised design activities
Signals
Positive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 9,8 k € | -60.5% | 24,8 k € | -7.7% | 26,9 k € | +284% | 7,0 k € | -93.0% | 99,4 k € | +42.3% | 69,9 k € | -57.6% | 164,7 k € | +81.9% | 90,5 k € | -26.1% | 122,5 k € | -18.3% | 149,9 k € | -16.3% | 179,2 k € | -9.6% | 198,2 k € | -6.5% | 212,0 k € | +0.7% | 210,5 k € | +60.5% | 131,1 k € | -27.2% | 180,1 k € | +4.8% | 172,0 k € | +26.8% | 135,6 k € | +58.3% | 85,7 k € | -12.5% | 97,9 k € |
| EBITDA | 6,5 k € | -71.7% | 22,9 k € | -6.0% | 24,3 k € | +468% | 4,3 k € | -95.3% | 90,5 k € | +55.6% | 58,2 k € | -64.3% | 163,1 k € | +92.1% | 84,9 k € | -26.6% | 115,7 k € | -17.2% | 139,8 k € | -19.2% | 173,0 k € | -9.7% | 191,6 k € | -6.5% | 204,9 k € | +0.5% | 203,9 k € | +63.7% | 124,6 k € | -28.6% | 174,5 k € | +4.7% | 166,7 k € | +27.9% | 130,3 k € | +63.6% | 79,6 k € | -15.9% | 94,7 k € |
| Operating result | -25,3 k € | -184% | -8,9 k € | -10.9% | -8,0 k € | +71.5% | -28,1 k € | -147% | 59,5 k € | +166% | 22,4 k € | -80.6% | 115,4 k € | +378% | 24,2 k € | -57.6% | 57,0 k € | -34.6% | 87,1 k € | -28.0% | 121,1 k € | -12.5% | 138,4 k € | -5.3% | 146,1 k € | +2.6% | 142,4 k € | +50.5% | 94,6 k € | -35.7% | 147,1 k € | +4.3% | 141,1 k € | +33.4% | 105,7 k € | +370% | 22,5 k € | -72.0% | 80,2 k € |
| Net result | -37,0 k € | -84.2% | -20,1 k € | -19.4% | -16,8 k € | +43.0% | -29,5 k € | -255% | -8,3 k € | -413% | 2,7 k € | -95.9% | 64,2 k € | +626% | -12,2 k € | -189% | 13,7 k € | +151% | 5,4 k € | -82.6% | 31,3 k € | -39.8% | 52,0 k € | +15.0% | 45,2 k € | -9.4% | 49,9 k € | +152% | 19,8 k € | -73.7% | 75,1 k € | +7.0% | 70,2 k € | +44.2% | 48,7 k € | +1339% | -3,9 k € | -108% | 48,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 40,8 k € | -47.5% | 77,8 k € | -20.5% | 97,9 k € | -14.7% | 114,7 k € | -20.5% | 144,1 k € | -13.1% | 165,9 k € | +1.6% | 163,3 k € | +9.5% | 149,1 k € | -7.6% | 161,3 k € | +9.3% | 147,7 k € | +3.8% | 142,2 k € | -8.2% | 155,0 k € | +13.9% | 136,0 k € | +49.8% | 90,8 k € | +122% | 41,0 k € | -69.5% | 134,2 k € | +23.0% | 109,1 k € | -8.2% | 118,9 k € | -1.1% | 120,2 k € | -3.2% | 124,1 k € |
| Total assets | 792,3 k € | -4.4% | 828,7 k € | -3.6% | 859,5 k € | -4.1% | 896,6 k € | -8.2% | 976,7 k € | -16.5% | 1,2 M € | -8.9% | 1,3 M € | -6.9% | 1,4 M € | -11.0% | 1,5 M € | -2.3% | 1,6 M € | +0.0% | 1,6 M € | -2.6% | 1,6 M € | -2.5% | 1,7 M € | -0.9% | 1,7 M € | +7.7% | 1,6 M € | +138% | 656,4 k € | -2.4% | 672,6 k € | -0.2% | 674,0 k € | +5.1% | 641,5 k € | +93.0% | 332,3 k € |
| Cash | 3,8 k € | -53.7% | 8,1 k € | +53.4% | 5,3 k € | -22.7% | 6,8 k € | -64.9% | 19,5 k € | -60.0% | 48,8 k € | +27.1% | 38,4 k € | +3.4% | 37,1 k € | +54.5% | 24,0 k € | +1995% | 1,1 k € | +25.3% | 914,6 € | -77.8% | 4,1 k € | -14.2% | 4,8 k € | -16.4% | 5,7 k € | -3.6% | 5,9 k € | -64.9% | 16,9 k € | +223% | 5,2 k € | +76.0% | 3,0 k € | -89.7% | 29,0 k € | +11.2% | 26,0 k € |
| Debts | 743,0 k € | -0.7% | 747,9 k € | -1.8% | 761,7 k € | -2.6% | 782,0 k € | -6.1% | 832,5 k € | -16.9% | 1,0 M € | -10.5% | 1,1 M € | -8.8% | 1,2 M € | -11.4% | 1,4 M € | -3.5% | 1,4 M € | -0.5% | 1,4 M € | -2.0% | 1,5 M € | -3.7% | 1,5 M € | -3.7% | 1,6 M € | +4.5% | 1,5 M € | +191% | 522,2 k € | -7.3% | 563,5 k € | +1.5% | 555,1 k € | +7.7% | 515,4 k € | +152% | 204,4 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 8 ended
Active mandates
Evelyne CARTENSTADT
ActiveEnded mandates
Evelyne CARTENSTADT
EndedEvelyne CARTENSTADT
EndedNicolas WARSON
EndedNicolas WARSON
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Aberly Management● Active | 1039.496.243 |
| 0677.422.264 |
Financials
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 | 17/06/2026 | 26/06/2025 | 17/06/2024 | 19/06/2023 | 11/10/2022 | 05/08/2021 |
| General meeting | 11/06/2026 | 12/06/2025 | 13/06/2024 | 08/06/2023 | 09/06/2022 | 10/06/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 11/06/2026 | 17/06/2026 | French | |
| Micro model | 31/12/2024 | 12/06/2025 | 26/06/2025 | French | |
| Micro model | 31/12/2023 | 13/06/2024 | 17/06/2024 | French | |
| Micro model | 31/12/2022 | 08/06/2023 | 19/06/2023 | French | |
| Micro model | 31/12/2021 | 09/06/2022 | 11/10/2022 | French | |
| Micro model | 31/12/2020 | 10/06/2021 | 05/08/2021 | French | |
| Micro model | 31/12/2019 | 11/06/2020 | 30/11/2020 | French | |
| Micro model | 31/12/2018 | 13/06/2019 | 14/08/2019 | French | |
| Micro model | 31/12/2017 | 14/06/2018 | 30/08/2018 | French | |
| Abridged model | 31/12/2016 | 08/06/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 09/06/2016 | 27/09/2016 | French | |
| Abridged model | 31/12/2014 | 11/06/2015 | 22/09/2015 | French | |
| Abridged model | 31/12/2013 | 12/06/2014 | 14/07/2014 | French | |
| Abridged model | 31/12/2012 | 13/06/2013 | 22/06/2013 | French | |
| Abridged model | 31/12/2011 | 14/06/2012 | 23/06/2012 | French | |
| Abridged model | 31/12/2010 | 09/06/2011 | 04/07/2011 | French | |
| Abridged model | 31/12/2009 | 10/06/2010 | 19/06/2010 | French | |
| Abridged model | 31/12/2008 | 04/06/2009 | 22/07/2009 | French | |
| Abridged model | 31/12/2007 | 05/06/2008 | 27/06/2008 | French | |
| Abridged model | 31/12/2006 | 07/06/2007 | 26/06/2007 | French |
Valuation
Estimate
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.
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 · 8 ended
Active mandates
Evelyne CARTENSTADT
ActiveEnded mandates
Evelyne CARTENSTADT
EndedEvelyne CARTENSTADT
EndedNicolas WARSON
EndedNicolas WARSON
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
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 2025-37,0 k €↓
- 2024Annual accounts 2024-20,1 k €↓
- 2023Annual accounts 2023-16,8 k €↑
- 2022Annual accounts 2022-29,5 k €↓
- 2021Annual accounts 2021-8,3 k €↓
- 2020Annual accounts 20202,7 k €↓
- 2019Annual accounts 201964,2 k €↑
- 2018Annual accounts 2018-12,2 k €↓
- 2017Annual accounts 201713,7 k €↑
- 2016Annual accounts 20165,4 k €↓
- 2015Annual accounts 201531,3 k €↓
- 2014Annual accounts 201452,0 k €↑
- 2013Annual accounts 201345,2 k €↓
- 2012Annual accounts 201249,9 k €↑
- 2011Annual accounts 201119,8 k €↓
- 2010Annual accounts 201075,1 k €↑
- 2009Annual accounts 200970,2 k €↑
- 2008Annual accounts 200848,7 k €↑
- 2007Annual accounts 2007-3,9 k €↓
- 2006Annual accounts 200648,7 k €
- 25/06/2002IncorporationPrivate limited company