ACTIVE

MERTENS

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Financial year 2025 · closed on 30/06/2025

Net result

120,7 k €

-36.3% YoY

Gross margin

768 k €

-8.6% YoY

Equity

619,6 k €

+24.2% YoY

Workforce

8,0 ETP

-1.2% YoY

What does MERTENS do?

MERTENS is a Private limited company incorporated in 2010. Its registered office is in Merchtem. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0822.250.390

Incorporation

13/01/2010

Legal form

Private limited company

Registered office

Kouter 90
1785 Merchtem · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Average workforce

8,0 ETP

Joint committees (6)

140
14003
145
200
226
2260

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	768 k €	-8.6%	840,6 k €	+17.9%	713 k €	+11.0%	642,6 k €	+26.6%	507,4 k €	+4.4%	485,8 k €	+43.3%	339 k €	-8.5%	370,6 k €	+1.9%	363,7 k €	+80.0%	202 k €	+22.7%	164,6 k €	-9.3%	181,5 k €	-14.4%	212,1 k €	-17.2%	256,1 k €	-6.5%	273,8 k €
EBITDA	418,3 k €	-16.6%	501,4 k €	+29.9%	386 k €	+56.6%	246,5 k €	-23.6%	322,5 k €	+27.1%	253,6 k €	+39.9%	181,3 k €	-15.4%	214,3 k €	-15.0%	252,2 k €	+121%	114,3 k €	+60.4%	71,2 k €	-24.4%	94,2 k €	-29.7%	134,1 k €	-14.8%	157,4 k €	-24.3%	208 k €
Operating result	204,7 k €	-30.6%	294,9 k €	+50.3%	196,2 k €	+155%	76,9 k €	+28.3%	59,9 k €	+31.0%	45,7 k €	+1942%	-2,5 k €	-104%	56,2 k €	-55.1%	125,2 k €	+224%	38,6 k €	+146%	15,7 k €	+167%	5,9 k €	+301%	1,5 k €	-90.9%	16,1 k €	-32.6%	23,9 k €
Net result	120,7 k €	-36.3%	189,6 k €	+36.8%	138,6 k €	+157%	54 k €	+31.0%	41,2 k €	+40.1%	29,4 k €	+580%	-6,1 k €	-115%	40,2 k €	-49.0%	78,8 k €	+217%	24,8 k €	+196%	8,4 k €	+1846%	-480 €	+92.9%	-6,7 k €	-228%	5,3 k €	-54.5%	11,6 k €
Balance sheet
Equity	619,6 k €	+24.2%	498,9 k €	+61.6%	308,8 k €	+7.7%	286,6 k €	+23.2%	232,6 k €	+21.5%	191,4 k €	+18.2%	162 k €	-3.6%	168,1 k €	+31.4%	127,9 k €	+161%	49,1 k €	+102%	24,3 k €	+52.7%	15,9 k €	-2.9%	16,4 k €	-29.2%	23,1 k €	+29.7%	17,8 k €
Total assets	1,7 M €	+1.8%	1,7 M €	+12.8%	1,5 M €	+8.2%	1,4 M €	+7.2%	1,3 M €	+43.5%	903,6 k €	+12.7%	802,1 k €	-7.0%	862,1 k €	+16.1%	742,3 k €	+63.2%	455 k €	+49.6%	304,2 k €	-31.5%	444,2 k €	+2.9%	431,6 k €	+5.7%	408,3 k €	-8.4%	445,5 k €
Cash	340,1 k €	+472%	59,5 k €	-57.7%	140,5 k €	-51.2%	287,6 k €	+178%	103,6 k €	-36.8%	163,9 k €	+49.6%	109,5 k €	-16.9%	131,9 k €	+218%	41,5 k €	-38.7%	67,7 k €	+1118%	5,6 k €	-50.5%	11,2 k €	-20.3%	14,1 k €	-2.6%	14,5 k €	+259%	4 k €
Debts	1,1 M €	-7.8%	1,2 M €	+1.0%	1,1 M €	+7.5%	1,1 M €	+1.9%	1,1 M €	+48.5%	707,4 k €	+12.2%	630,6 k €	-7.2%	679,8 k €	+14.2%	595,4 k €	+46.7%	405,9 k €	+45.0%	279,9 k €	-34.6%	428,3 k €	+3.2%	415,2 k €	+7.8%	385,1 k €	-10.0%	427,7 k €
Other
Workforce	8,0 ETP	-1.2%	8,1 ETP	-5.8%	8,6 ETP	+10.3%	7,8 ETP	+47.2%	5,3 ETP		–		–		–		–		3,0 ETP	0.0%	3,0 ETP	-11.8%	3,4 ETP	+25.9%	2,7 ETP	-18.2%	3,3 ETP	+83.3%	1,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Cyriel MERTENS

Director

Active

Ended mandates

Johan Mertens

Director

Ended

Johan Mertens

Administrator - manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	31/01/2025	31/01/2024	30/01/2023	24/02/2022	25/02/2021
General meeting	15/11/2025	16/11/2024	18/11/2023	20/11/2022	20/11/2021	21/11/2020
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

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	15/11/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	16/11/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	18/11/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	20/11/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	20/11/2021	24/02/2022	Dutch	PDF
Micro model	30/06/2020	21/11/2020	25/02/2021	Dutch	PDF
Micro model	30/06/2019	16/11/2019	14/01/2020	Dutch	PDF
Micro model	30/06/2018	17/11/2018	14/01/2019	Dutch	PDF
Micro model	30/06/2017	18/11/2017	12/01/2018	Dutch	PDF
Abridged model	30/06/2016	19/11/2016	03/01/2017	Dutch	PDF
Abridged model	30/06/2015	27/01/2016	29/01/2016	Dutch	PDF
Abridged model	30/06/2014	19/12/2014	15/01/2015	Dutch	PDF
Abridged model	30/06/2013	16/11/2013	21/02/2014	Dutch	PDF
Abridged model	30/06/2012	17/11/2012	18/02/2013	Dutch	PDF
Abridged model	30/06/2011	05/11/2011	09/12/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Cyriel MERTENS

Director

Active

Ended mandates

Johan Mertens

Director

Ended

Johan Mertens

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other04/10/2011
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other15/01/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025120,7 k €↓
2024
Annual accounts 2024189,6 k €↑
2023
Annual accounts 2023138,6 k €↑
2022
Annual accounts 202254 k €↑
2021
Annual accounts 202141,2 k €↑
2020
Annual accounts 202029,4 k €↑
2019
Annual accounts 2019-6,1 k €↓
2018
Annual accounts 201840,2 k €↓
2017
Annual accounts 201778,8 k €↑
2016
Annual accounts 201624,8 k €↑
2015
Annual accounts 20158,4 k €↑
2014
Annual accounts 2014-480 €↑
2013
Annual accounts 2013-6,7 k €↓
2012
Annual accounts 20125,3 k €↓
2011
Annual accounts 201111,6 k €
13/01/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MERTENS

Overview

What does MERTENS do?

Trend over 15 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline