ACTIVE

MERVIN

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Financial year 2025 · closed on 31/12/2025

Net result

298,7 k €

+26.8% YoY

Gross margin

521,7 k €

+23.5% YoY

Equity

1,3 M €

+12.5% YoY

What does MERVIN do?

MERVIN is a Private limited company incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Tessenderlo-Ham.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0845.201.184

Incorporation

10/04/2012

Legal form

Private limited company

Registered office

Gerhees 45
3945 Tessenderlo-Ham · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	521,7 k €	+23.5%	422,5 k €	+17.0%	361,2 k €	-4.3%	377,5 k €	+19.5%	315,9 k €	-9.8%	350 k €	+16.8%	299,6 k €	+26.5%	236,7 k €	+41.0%	167,9 k €	+161%	64,2 k €	+35.3%	47,5 k €	-7.5%	51,4 k €	+2866%	1,7 k €
EBITDA	518 k €	+24.2%	417,1 k €	+17.3%	355,4 k €	-4.7%	372,9 k €	+19.9%	310,9 k €	-9.7%	344,5 k €	+16.9%	294,8 k €	+27.6%	231,1 k €	+40.7%	164,3 k €	+169%	61 k €	+34.2%	45,4 k €	-9.4%	50,1 k €	+4764%	1 k €
Operating result	435,9 k €	+25.9%	346,3 k €	+16.3%	297,8 k €	-7.8%	323,1 k €	+21.0%	267,1 k €	-11.4%	301,4 k €	+20.7%	249,8 k €	+28.6%	194,3 k €	+48.1%	131,2 k €	+283%	34,3 k €	+359%	7,5 k €	-85.0%	49,7 k €	+4720%	1 k €
Net result	298,7 k €	+26.8%	235,5 k €	+13.0%	208,4 k €	+1.2%	205,9 k €	+26.5%	162,7 k €	-15.2%	191,8 k €	+28.2%	149,6 k €	+33.1%	112,5 k €	+77.8%	63,2 k €	+441%	11,7 k €	+493%	2 k €	-93.9%	32,3 k €	+5416%	-606,8 €
Balance sheet
Equity	1,3 M €	+12.5%	1,2 M €	+11.5%	1,1 M €	+15.7%	925,6 k €	+26.5%	731,4 k €	+28.6%	568,7 k €	+50.9%	376,8 k €	+65.8%	227,2 k €	+98.0%	114,8 k €	+123%	51,5 k €	+29.4%	39,8 k €	+5.2%	37,8 k €	+577%	5,6 k €
Total assets	1,8 M €	+8.2%	1,6 M €	+4.2%	1,6 M €	+6.7%	1,5 M €	+12.4%	1,3 M €	+11.0%	1,2 M €	+18.3%	997,4 k €	+9.9%	907,9 k €	+5.4%	861,3 k €	+10.4%	780,2 k €	+76.8%	441,3 k €	+625%	60,9 k €	+989%	5,6 k €
Cash	341,1 k €	+7.0%	318,8 k €	-23.8%	418,6 k €	+106%	203,2 k €	-7.0%	218,6 k €	+81.9%	120,2 k €	+172%	44,2 k €	-6.7%	47,4 k €	+23.3%	38,4 k €	+140%	16 k €	-87.4%	126,9 k €	+185%	44,6 k €	+738%	5,3 k €
Debts	410,8 k €	-2.9%	423,1 k €	-12.8%	485,3 k €	-9.5%	536,3 k €	-5.5%	567,4 k €	-5.5%	600,2 k €	-1.4%	608,6 k €	-8.4%	664,5 k €	-9.1%	730,9 k €	+1.3%	721,5 k €	+80.0%	400,9 k €	+1639%	23,1 k €		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Daniël Van den Branden

Director

Active

Martine Meuws

Director

Active

Ended mandates

Daniël Van den Branden

Manager · since 10 janvier 2017

Ended

Martine Meuws

Manager · since 01 janvier 2014

Ended

Vincentius Merks

Manager · since 10 avril 2012 · until 31 décembre 2013

Ended

Daniël Van Den Branden

Manager

Ended

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	01/07/2026	27/06/2025	28/06/2024	29/06/2023	29/06/2022	30/06/2021
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

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	11/06/2026	01/07/2026	Dutch	PDF
Micro model	31/12/2024	12/06/2025	27/06/2025	Dutch	PDF
Micro model	31/12/2023	13/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	08/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	09/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	10/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	11/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	13/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	26/07/2018	Dutch	PDF
Abridged model	31/12/2016	08/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	09/06/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	26/08/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2025 · 2 active · 5 ended

Active mandates

Daniël Van den Branden

Director

Active

Martine Meuws

Director

Active

Ended mandates

Daniël Van den Branden

Manager · since 10 janvier 2017

Ended

Martine Meuws

Manager · since 01 janvier 2014

Ended

Vincentius Merks

Manager · since 10 avril 2012 · until 31 décembre 2013

Ended

Daniël Van Den Branden

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/07/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/10/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/02/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other04/05/2012
DIVERSEN
PDF
Other24/04/2012
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 2025298,7 k €↑
2024
Annual accounts 2024235,5 k €↑
2023
Annual accounts 2023208,4 k €↑
2022
Annual accounts 2022205,9 k €↑
2021
Annual accounts 2021162,7 k €↓
2020
Annual accounts 2020191,8 k €↑
2019
Annual accounts 2019149,6 k €↑
2018
Annual accounts 2018112,5 k €↑
2017
Annual accounts 201763,2 k €↑
2016
Annual accounts 201611,7 k €↑
2015
Annual accounts 20152 k €↓
2014
Annual accounts 201432,3 k €↑
2013
Annual accounts 2013-606,8 €
10/04/2012
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

MERVIN

Overview

What does MERVIN do?

Trend over 13 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