ACTIVE

MERUBIN

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Financial year 2026 · closed on 31/03/2026

Net result

-39,9 k €

-165.4% YoY

Gross margin

-31,1 k €

-149.9% YoY

Equity

2,3 M €

-1.7% YoY

What does MERUBIN do?

MERUBIN is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Lochristi.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.878.103

Incorporation

12/10/2004

Legal form

Private limited company

Registered office

Camelialaan 6
9080 Lochristi · FlandreSee on map

Contributed capital

21 000,00 €

Latest accounts

31/03/2026

Activities (NACE)

70200Management consultancy activities· main 47400Retail sale of information and communication equipment in specialised stores 62100Computer programming, consultancy and related activities 82100Office administrative and support activities 82110Combined office administrative service activities 95100Repair of computers and communication equipment+1

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2026		2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-31,1 k €	-150%	62,2 k €	-61.4%	161,2 k €	-52.1%	336,7 k €	-18.7%	414,2 k €	+8.6%	381,2 k €	-2.3%	390 k €	+36.0%	286,8 k €	-20.9%	362,6 k €	+32.5%	273,6 k €	+13.6%	240,8 k €	+19.2%	202 k €	+41.3%	143 k €	-10.3%	159,3 k €	+11.0%	143,5 k €	+18.7%	120,9 k €	-3.6%	125,4 k €	+57.9%	79,4 k €	+23.0%	64,5 k €
EBITDA	-32,2 k €	-153%	61 k €	-61.7%	159,4 k €	-52.4%	334,9 k €	-18.8%	412,4 k €	+8.6%	379,6 k €	-2.3%	388,4 k €	+36.2%	285,1 k €	-21.0%	361 k €	+32.8%	271,8 k €	+13.7%	239,1 k €	+19.5%	200,1 k €	+41.9%	141 k €	-10.5%	157,6 k €	+12.8%	139,7 k €	+17.0%	119,4 k €	-3.0%	123,2 k €	+60.8%	76,6 k €	+21.5%	63 k €
Operating result	-43,9 k €	-184%	52 k €	-65.9%	152,5 k €	-53.3%	326,7 k €	-19.1%	403,7 k €	+9.2%	369,6 k €	-2.2%	377,8 k €	+37.3%	275,2 k €	-21.0%	348,3 k €	+35.7%	256,7 k €	+15.3%	222,7 k €	+22.1%	182,3 k €	+41.2%	129,2 k €	-11.1%	145,3 k €	+12.7%	129 k €	+22.6%	105,2 k €	-7.9%	114,3 k €	+60.0%	71,4 k €	+55.7%	45,9 k €
Net result	-39,9 k €	-165%	60,9 k €	-52.2%	127,4 k €	-43.3%	224,6 k €	-20.4%	282,1 k €	+17.2%	240,6 k €	-2.6%	247 k €	+50.0%	164,7 k €	-21.5%	209,8 k €	+46.0%	143,7 k €	+6.2%	135,3 k €	+12.8%	120 k €	+46.7%	81,8 k €	-15.2%	96,4 k €	+9.7%	87,9 k €	+22.0%	72 k €	-6.2%	76,8 k €	+51.6%	50,7 k €	+71.3%	29,6 k €
Balance sheet
Equity	2,3 M €	-1.7%	2,4 M €	+2.6%	2,3 M €	+5.8%	2,2 M €	+11.5%	2 M €	+42.7%	1,4 M €	+21.2%	1,1 M €	+27.9%	887 k €	-14.1%	1 M €	+25.5%	822,7 k €	+21.2%	679 k €	+24.9%	543,6 k €	+18.7%	458,1 k €	+21.7%	376,3 k €	-0.9%	379,9 k €	+30.1%	292 k €	+32.7%	220 k €	+53.7%	143,1 k €	+54.8%	92,5 k €
Total assets	2,6 M €	-2.3%	2,7 M €	+4.3%	2,6 M €	+4.9%	2,4 M €	+9.7%	2,2 M €	+38.3%	1,6 M €	+19.3%	1,3 M €	-1.7%	1,4 M €	+15.8%	1,2 M €	+27.8%	928,1 k €	+9.3%	848,7 k €	+19.2%	711,9 k €	+12.5%	632,9 k €	+6.9%	592 k €	+17.4%	504,1 k €	+22.8%	410,5 k €	+13.9%	360,4 k €	+45.8%	247,1 k €	+52.8%	161,7 k €
Cash	1,6 M €	+146%	661,6 k €	+10.3%	599,7 k €	-65.3%	1,7 M €	-0.2%	1,7 M €	+32.4%	1,3 M €	+10.1%	1,2 M €	-0.0%	1,2 M €	+17.8%	1 M €	+34.4%	750 k €	+20.7%	621,6 k €	+28.5%	483,6 k €	+20.8%	400,2 k €	+13.7%	351,9 k €	+26.1%	279,1 k €	+51.1%	184,7 k €	-26.9%	252,6 k €	+18.2%	213,7 k €	+52.8%	139,9 k €
Debts	274,3 k €	-5.3%	289,8 k €	+21.0%	239,5 k €	-6.6%	256,5 k €	-3.5%	265,8 k €	+12.5%	236,2 k €	+9.5%	215,8 k €	-55.6%	486,3 k €	+218%	153,1 k €	+45.4%	105,3 k €	-37.9%	169,8 k €	+0.9%	168,3 k €	-3.7%	174,7 k €	-19.0%	215,7 k €	+73.6%	124,2 k €	+4.8%	118,5 k €	-15.6%	140,4 k €	+35.1%	104 k €	+50.1%	69,3 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 31/03/2026 · 1 active · 3 ended

Active mandates

John Lebon

Director · since 12 octobre 2004

Active

Ended mandates

John Lebon

Director

Ended

John Lebon

Administrator - manager

Ended

John Lebon

Manager

Ended

Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/09/2026	09/10/2025	30/09/2024	23/08/2023	13/09/2022	23/08/2021
General meeting	11/09/2026	08/10/2025	27/09/2024	19/08/2023	06/09/2022	21/08/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2026	11/09/2026	14/09/2026	Dutch	PDF
Micro model	31/03/2025	08/10/2025	09/10/2025	Dutch	PDF
Micro model	31/03/2024	27/09/2024	30/09/2024	Dutch	PDF
Micro model	31/03/2023	19/08/2023	23/08/2023	Dutch	PDF
Micro model	31/03/2022	06/09/2022	13/09/2022	Dutch	PDF
Micro model	31/03/2021	21/08/2021	23/08/2021	Dutch	PDF
Micro model	31/03/2020	30/09/2020	12/10/2020	Dutch	PDF
Micro model	31/03/2019	17/08/2019	01/10/2019	Dutch	PDF
Micro model	31/03/2018	18/08/2018	26/10/2018	Dutch	PDF
Micro model	31/03/2017	19/08/2017	02/10/2017	Dutch	PDF
Abridged model	31/03/2016	20/08/2016	26/09/2016	Dutch	PDF
Abridged model	31/03/2015	17/08/2015	22/09/2015	Dutch	PDF
Abridged model	31/03/2014	16/08/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	17/08/2013	30/10/2013	Dutch	PDF
Abridged model	31/03/2012	18/08/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	20/08/2011	28/10/2011	Dutch	PDF
Abridged model	31/03/2010	16/08/2010	26/10/2010	Dutch	PDF
Abridged model	31/03/2009	17/08/2009	23/10/2009	Dutch	PDF
Abridged model	31/03/2008	16/08/2008	02/10/2008	Dutch	PDF
Abridged model	31/03/2007	18/08/2007	22/10/2007	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 31/03/2026 · 1 active · 3 ended

Active mandates

John Lebon

Director · since 12 octobre 2004

Active

Ended mandates

John Lebon

Director

Ended

John Lebon

Administrator - manager

Ended

John Lebon

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/04/2018
KAPITAAL - AANDELEN
PDF
Capital / shares26/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other25/10/2004
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

2026
Annual accounts 2026-39,9 k €↓
2025
Annual accounts 202560,9 k €↓
2024
Annual accounts 2024127,4 k €↓
2023
Annual accounts 2023224,6 k €↓
2022
Annual accounts 2022282,1 k €↑
2020
Annual accounts 2020240,6 k €↓
2019
Annual accounts 2019247 k €↑
2018
Annual accounts 2018164,7 k €↓
2017
Annual accounts 2017209,8 k €↑
2016
Annual accounts 2016143,7 k €↑
2015
Annual accounts 2015135,3 k €↑
2014
Annual accounts 2014120 k €↑
2013
Annual accounts 201381,8 k €↓
2012
Annual accounts 201296,4 k €↑
2011
Annual accounts 201187,9 k €↑
2010
Annual accounts 201072 k €↓
2009
Annual accounts 200976,8 k €↑
2008
Annual accounts 200850,7 k €↑
2007
Annual accounts 200729,6 k €
12/10/2004
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

MERUBIN

Overview

What does MERUBIN do?

Trend over 19 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