ACTIVE

MRG ELEC

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Financial year 2025 · closed on 31/12/2025
Net result
42,8 k €
-47.2% YoY
Gross margin
542,6 k €
-1.6% YoY
Equity
118,1 k €
-6.5% YoY
Workforce
9,8 ETP
0.0% YoY

What does MRG ELEC do?

MRG ELEC is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Aubange. It employs on average 9,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.275.255
Incorporation
22/01/2009
Legal form
Private limited company
Registered office
Rue de Longwy - AUBANGE 32
6790 Aubange · WallonieSee on map
Contributed capital
18 300,00 €
Latest accounts
31/12/2025
Average workforce
9,8 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation47400Retail sale of information and communication equipment in specialised stores47430Retail sale of audio and video equipment in specialised stores43130Test drilling and boring43130Test drilling and boring+10
Joint committees (2)
  • 149
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin542,6 k €551,3 k €503,8 k €308,7 k €278,2 k €199,4 k €233,1 k €187,5 k €118,9 k €112,8 k €69 k €93,7 k €95 k €28 k €51,2 k €24,9 k €24,2 k €
EBITDA101 k €145,7 k €138,1 k €55,6 k €52,8 k €52,7 k €100,3 k €60 k €44,8 k €39,2 k €27,9 k €52,7 k €50,4 k €-5,5 k €29 k €13,9 k €10,2 k €
Operating result69,2 k €121 k €112,3 k €28,8 k €16,6 k €15,2 k €63,6 k €37,7 k €30,8 k €24,8 k €12,9 k €34,5 k €26,5 k €-31,9 k €10,5 k €3,6 k €6,3 k €
Net result42,8 k €80,9 k €74,1 k €11,8 k €2,6 k €4,7 k €35 k €24,5 k €7,5 k €6,2 k €6,1 k €10,3 k €12,7 k €-34,3 k €4,7 k €676,2 €5,3 k €
Balance sheet
Equity118,1 k €126,3 k €106,3 k €123,2 k €112,3 k €110,6 k €106,9 k €72,8 k €49,2 k €42,6 k €37,4 k €32,2 k €7,4 k €-17,3 k €16,9 k €12,3 k €11,6 k €
Total assets729,5 k €511,3 k €499,7 k €486,4 k €459,3 k €477,3 k €423,3 k €447,9 k €364,2 k €349,2 k €361,7 k €325,1 k €331 k €317,4 k €152,5 k €65,1 k €48,7 k €
Cash90,8 k €90,5 k €97,1 k €43,9 k €4,9 k €2,1 k €8,2 k €35,3 k €––––––244 €816,9 €7,2 k €
Debts610,6 k €342 k €392,1 k €363,1 k €347 k €366,7 k €316,4 k €375,1 k €315 k €306,6 k €324,3 k €292,9 k €323,7 k €334,7 k €135,6 k €52,9 k €37,1 k €
Other
Workforce9,8 ETP9,8 ETP10,5 ETP8,0 ETP7,0 ETP6,5 ETP6,8 ETP––––––––0,5 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Grégory MERTZ

Director

Active

Ended mandates

Anthony MERTZ

Manager

Ended
Grégory MERTZ

Manager

Ended
Robert MERTZ

Director

Ended
Robert MERTZ

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/04/202622/05/202513/05/202431/05/202324/05/202226/08/2021
General meeting08/04/202609/04/202510/04/202412/04/202313/04/202214/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/04/202630/04/2026FrenchPDF
Abridged model31/12/202409/04/202522/05/2025FrenchPDF
Abridged model31/12/202310/04/202413/05/2024FrenchPDF
Abridged model31/12/202212/04/202331/05/2023FrenchPDF
Abridged model31/12/202113/04/202224/05/2022FrenchPDF
Abridged model31/12/202014/04/202126/08/2021FrenchPDF
Abridged model31/12/201908/04/202029/04/2020FrenchPDF
Abridged model31/12/201807/09/201920/09/2019FrenchPDF
Abridged model31/12/201729/05/201805/06/2018FrenchPDF
Abridged model31/12/201621/06/201727/06/2017FrenchPDF
Abridged model31/12/201506/05/201609/05/2016FrenchPDF
Abridged modelCorrection31/12/201408/05/201513/05/2015FrenchPDF
Abridged model31/12/201408/05/201511/05/2015FrenchPDF
Abridged model31/12/201310/02/201411/02/2014FrenchPDF
Abridged model31/12/201207/10/201311/10/2013FrenchPDF
Abridged model31/12/201130/06/201225/07/2012FrenchPDF
Abridged model31/12/201021/09/201123/09/2011FrenchPDF
Abridged model31/12/200930/09/201029/11/2010FrenchPDF
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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Grégory MERTZ

Director

Active

Ended mandates

Anthony MERTZ

Manager

Ended
Grégory MERTZ

Manager

Ended
Robert MERTZ

Director

Ended
Robert MERTZ

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/03/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/02/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

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 202542,8 k €↓
  2. 2024
    Annual accounts 202480,9 k €↑
  3. 2023
    Annual accounts 202374,1 k €↑
  4. 2022
    Annual accounts 202211,8 k €↑
  5. 2021
    Annual accounts 20212,6 k €↓
  6. 2020
    Annual accounts 20204,7 k €↓
  7. 2019
    Annual accounts 201935 k €↑
  8. 2018
    Annual accounts 201824,5 k €↑
  9. 2017
    Annual accounts 20177,5 k €↑
  10. 2016
    Annual accounts 20166,2 k €↑
  11. 2015
    Annual accounts 20156,1 k €↓
  12. 2014
    Annual accounts 201410,3 k €↓
  13. 2013
    Annual accounts 201312,7 k €↑
  14. 2012
    Annual accounts 2012-34,3 k €↓
  15. 2011
    Annual accounts 20114,7 k €↑
  16. 2010
    Annual accounts 2010676,2 €↓
  17. 2009
    Annual accounts 20095,3 k €
  18. 22/01/2009
    IncorporationPrivate limited company