ACTIVE

Merco Services

Financial year 2025 · Closed on 31/12/2025

Net result550,9 k €+518,1 %over 1 year
Revenue765,4 k €-47,9 %over 1 year
Equity15,7 M €-1,9 %over 1 year
Workforce4,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Merco Services is a Public limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Merelbeke-Melle. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0716.660.051
Incorporation
19/12/2018
Legal form
Public limited company
Registered office
Nijverheidsweg 14
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 5 financial years

20252024202320222021
Income statement
Revenue765,4 k €1,5 M €1,5 M €1 M €1 M €
EBITDA135,4 k €124,3 k €8,9 M €186,6 k €192,9 k €
Operating result129,4 k €120,9 k €8,9 M €186,6 k €192,9 k €
Net result550,9 k €89,1 k €11,9 M €634,8 k €867,5 k €
Balance sheet
Equity15,7 M €16 M €18,9 M €7 M €6,4 M €
Total assets16,2 M €16,1 M €19,1 M €7,1 M €8 M €
Cash245 k €94,5 k €353 k €52,8 k €950,2 k €
Debts497,9 k €100,3 k €185,7 k €18,1 k €1,5 M €
Other
Workforce4,0 ETP4,0 ETP1,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Donaat Wambacq
Managing director01/07/2024 → 31/05/2030
00
Ludwig Borgonjon
Managing director01/07/2024 → 31/05/2030
00
Michiel Rabaeys
Managing director01/07/2024 → 31/05/2030
00
Patriek Van Parys
Managing director01/07/2024 → 31/05/2030
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
CommV Vaacker0715.834.759Represented by Daniël VAN ACKER
Director19/12/2018 → 31/05/2024
Johan Rabaeys0715.843.568Represented by Johan RABAEYS
Managing director19/12/2018 → 31/05/2024
MILC0715.836.640Represented by Ludwig BORGONJON
Director19/12/2018 → 31/05/2024
000
RAMICON0715.837.432Represented by Michiel RABAEYS
Director19/12/2018 → 31/05/2024
000

Other companies at this address

Nijverheidsweg 14 9820 Merelbeke-Melle
CompanyCBE no.
Merco Machines● Active
0442.753.827
Merco Solutions● Active
1010.153.446

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 date08/07/202609/07/202508/07/202413/07/202306/07/202201/07/2021
General meeting07/07/202604/07/202504/07/202430/06/202322/06/202221/06/2021
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 model31/12/202507/07/202608/07/2026DutchPDF
Full model31/12/202404/07/202509/07/2025DutchPDF
Full model31/12/202304/07/202408/07/2024DutchPDF
Full model31/12/202230/06/202313/07/2023DutchPDF
Full model31/12/202122/06/202206/07/2022DutchPDF
Full model31/12/202021/06/202101/07/2021DutchPDF
Full model31/12/201930/03/202028/04/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 12 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Donaat Wambacq
Managing director01/07/2024 → 31/05/2030
00
Ludwig Borgonjon
Managing director01/07/2024 → 31/05/2030
00
Michiel Rabaeys
Managing director01/07/2024 → 31/05/2030
00
Patriek Van Parys
Managing director01/07/2024 → 31/05/2030
00

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
CommV Vaacker0715.834.759Represented by Daniël VAN ACKER
Director19/12/2018 → 31/05/2024
Johan Rabaeys0715.843.568Represented by Johan RABAEYS
Managing director19/12/2018 → 31/05/2024
MILC0715.836.640Represented by Ludwig BORGONJON
Director19/12/2018 → 31/05/2024
000
RAMICON0715.837.432Represented by Michiel RABAEYS
Director19/12/2018 → 31/05/2024
000

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/01/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares28/01/2019
    KAPITAAL - AANDELEN
    PDF
  • Other21/12/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025550,9 k €↑
  2. 2024
    Annual accounts 202489,1 k €↓
  3. 2023
    Annual accounts 202311,9 M €↑
  4. 2022
    Annual accounts 2022634,8 k €↓
  5. 2021
    Annual accounts 2021867,5 k €
  6. 19/12/2018
    IncorporationPublic limited company