ACTIVE

MERBRAINE EQUILIS

Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €+1 061,1 %over 1 year
Revenue13,9 M €
Equity104 k €+123,5 %over 1 year

Identity

Source · BCE/KBO

MERBRAINE EQUILIS is a Public limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Waterloo.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0712.683.645
Incorporation
29/10/2018
Legal form
Public limited company
Registered office
Drève Richelle 161 Bât.D box 19
1410 Waterloo · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue13,9 M €––23,9 M €–
EBITDA2,6 M €240,7 k €-439,7 k €5,2 M €-26,9 k €
Operating result2,6 M €240,7 k €-239,7 k €4,9 M €-26,9 k €
Net result1,8 M €-186,9 k €-433,9 k €3,7 M €-239,5 k €
Balance sheet
Equity104 k €-442,2 k €-255,3 k €178,5 k €-690,3 k €
Total assets16,9 M €10,9 M €4,2 M €2,5 M €4,7 M €
Cash7,3 M €3,5 M €2,1 M €923,8 k €1,3 M €
Debts16,6 M €11,2 M €4,4 M €2,1 M €5,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 9 ended

Active mandates

HEWIMA

Administrator - manager · since 22 janvier 2025 · until 26 juin 2031 · 0686.884.120

Represented by Guillaume Beuscart

Active
KEYSTONE

Director · since 06 novembre 2019 · until 20 mai 2030 · 0544.558.196

Represented by Thomas Rihoux

Active
ERNESTINE

Représentant · since 29 octobre 2018 · until 20 mai 2030 · 0478.448.639

Represented by Louis Dorsan Van Caloen

Active
LUPTON

Director · since 29 octobre 2018 · until 26 mai 2030 · 0436.766.254

Represented by Alexandre van Caloen

Active

Ended mandates

Meeùs & Parmentier Properties

Managing director · since 04 janvier 2023 · until 11 décembre 2024 · 0887.715.195

Represented by Luc Parmentier

Ended
Meeùs & Parmentier Properties

Managing director · since 04 janvier 2023 · until 03 janvier 2029 · 0887.715.195

Represented by Luc Parmentier

Ended
KEYSTONE

Director · since 06 novembre 2019 · until 27 mai 2024 · 0544.558.196

Represented by Thomas Rihoux

Ended
ERNESTINE

Représentant · since 29 octobre 2018 · until 27 mai 2024 · 0478.448.639

Represented by Louis Dorsan Van Caloen

Ended

Other companies at this address

Drève Richelle 161 Bât.D 1410 Waterloo
CompanyCBE no.
ALIPHIL● Active
0466.431.032
0643.665.274
BRENTIMMO● Active
0664.636.674
CHISTOUINVEST● Active
0712.536.957
CONSTRUCT ME● Active
0848.550.951
CSE H2● Active
0534.754.961
DOURIMMO● Active
0896.644.442
EQUILIS BELGIUM● Active
0883.730.871
EQUILIS GST● Active
0835.499.008
0882.791.555
HOLDMONS● Active
0831.985.430
HOLDSENEF● Active
0831.981.470
MECCO-GOSSENT● Active
0425.023.811
NEW MECCO● Active
0883.731.960
PIODIS● Active
0880.811.171
SILLY EQUILIS● Active
0826.978.448
SNF● Active
0812.206.041
SNF RESI● Active
0836.551.259
SUPALI● Active
0474.960.894
TAMET● Active
0899.604.526

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date08/07/202617/06/202524/07/202403/07/202318/07/202214/07/2021
General meeting04/06/202605/06/202527/05/202429/06/202330/05/202230/06/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/06/202608/07/2026FrenchPDF
Full model31/12/202405/06/202517/06/2025FrenchPDF
Full model31/12/202327/05/202424/07/2024FrenchPDF
Full model31/12/202229/06/202303/07/2023FrenchPDF
Full model31/12/202130/05/202218/07/2022FrenchPDF
Full model31/12/202030/06/202114/07/2021FrenchPDF
Full model31/12/201922/07/202022/09/2020FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 9 ended

Active mandates

HEWIMA

Administrator - manager · since 22 janvier 2025 · until 26 juin 2031 · 0686.884.120

Represented by Guillaume Beuscart

Active
KEYSTONE

Director · since 06 novembre 2019 · until 20 mai 2030 · 0544.558.196

Represented by Thomas Rihoux

Active
ERNESTINE

Représentant · since 29 octobre 2018 · until 20 mai 2030 · 0478.448.639

Represented by Louis Dorsan Van Caloen

Active
LUPTON

Director · since 29 octobre 2018 · until 26 mai 2030 · 0436.766.254

Represented by Alexandre van Caloen

Active

Ended mandates

Meeùs & Parmentier Properties

Managing director · since 04 janvier 2023 · until 11 décembre 2024 · 0887.715.195

Represented by Luc Parmentier

Ended
Meeùs & Parmentier Properties

Managing director · since 04 janvier 2023 · until 03 janvier 2029 · 0887.715.195

Represented by Luc Parmentier

Ended
KEYSTONE

Director · since 06 novembre 2019 · until 27 mai 2024 · 0544.558.196

Represented by Thomas Rihoux

Ended
ERNESTINE

Représentant · since 29 octobre 2018 · until 27 mai 2024 · 0478.448.639

Represented by Louis Dorsan Van Caloen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/07/2024
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates07/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/10/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/02/2020
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,8 M €↑
  2. 2024
    Annual accounts 2024-186,9 k €↑
  3. 2023
    Annual accounts 2023-433,9 k €↓
  4. 2022
    Annual accounts 20223,7 M €↑
  5. 2021
    Annual accounts 2021-239,5 k €↑
  6. 2020
    Annual accounts 2020-348,8 k €↓
  7. 2019
    Annual accounts 2019-163,5 k €
  8. 29/10/2018
    IncorporationPublic limited company