ACTIVE

MER UNION

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

153,3 k €

+1124.0% YoY

Revenue

7,2 M €

-1.7% YoY

Equity

-484,7 k €

+24.0% YoY

What does MER UNION do?

MER UNION is a Public limited company incorporated in 2006. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.338.454

Incorporation

09/02/2006

Legal form

Public limited company

Registered office

Ouland 3
2030 Antwerpen · FlandreSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	7,2 M €	-1.7%	7,3 M €	-24.4%	9,7 M €	+1.1%	9,6 M €	+246%	2,8 M €	-18.9%	3,4 M €	-12.3%	3,9 M €	+32.3%	2,9 M €	-37.1%	4,7 M €	+50.0%	3,1 M €	-30.0%	4,5 M €	-3.8%	4,6 M €	+35.2%	3,4 M €	-25.8%	4,6 M €	+41.5%	3,3 M €	-35.9%	5,1 M €	+56.0%	3,3 M €	-60.1%	8,2 M €	-3.5%	8,5 M €	+36.3%	6,2 M €
EBITDA	196,5 k €	+145%	80 k €	-65.7%	233,1 k €	+1451%	-17,3 k €	-187%	19,9 k €	+169%	7,4 k €	-71.9%	26,3 k €	+103%	-801,9 k €	-416%	253,8 k €	-18.7%	312,1 k €	+305%	-152,2 k €	+53.8%	-329,3 k €	-15.3%	-285,6 k €	-4.7%	-272,8 k €	-4049%	6,9 k €	+103%	-233,5 k €	-3499%	6,9 k €	-98.1%	364,2 k €	+38.1%	263,8 k €	-58.8%	640 k €
Operating result	196,5 k €	+145%	80 k €	-65.7%	233,1 k €	+1451%	-17,3 k €	-187%	19,9 k €	+169%	7,4 k €	-71.9%	26,3 k €	+103%	-801,9 k €	-1919%	44,1 k €	-57.0%	102,4 k €	+167%	-152,2 k €	+53.8%	-329,3 k €	-15.3%	-285,6 k €	-4.7%	-272,8 k €	-4278%	6,5 k €	+103%	-234,1 k €	-4699%	5,1 k €	-98.6%	361,8 k €	+38.5%	261,2 k €	-59.1%	639,1 k €
Net result	153,3 k €	+1124%	12,5 k €	-92.6%	170,1 k €	+2824%	5,8 k €	+8.4%	5,4 k €	-37.2%	8,5 k €	+92.8%	4,4 k €	+101%	-832,9 k €	-8891%	9,5 k €	-76.7%	40,6 k €	+119%	-211,4 k €	+46.8%	-397,7 k €	-43.8%	-276,5 k €	+18.2%	-338 k €	-1226%	30 k €	+114%	-221,4 k €	-7618%	2,9 k €	-98.9%	274,8 k €	+65.6%	166 k €	-59.4%	409,3 k €
Balance sheet
Equity	-484,7 k €	+24.0%	-637,9 k €	+1.9%	-650,4 k €	+20.7%	-820,6 k €	+0.7%	-826,4 k €	+0.6%	-831,7 k €	+1.0%	-840,3 k €	+0.5%	-844,7 k €	-7064%	-11,8 k €	+44.6%	-21,3 k €	+65.6%	-61,9 k €	-141%	149,5 k €	-72.7%	547,2 k €	-33.6%	823,7 k €	-29.1%	1,2 M €	+2.7%	1,1 M €	-16.4%	1,4 M €	+0.2%	1,4 M €	+25.6%	1,1 M €	+18.3%	909,3 k €
Total assets	1,8 M €	-5.6%	1,9 M €	+34.2%	1,4 M €	+1592%	82 k €	-28.4%	114,6 k €	-69.7%	378,5 k €	-60.0%	946,7 k €	+406%	187 k €	-86.3%	1,4 M €	+75.7%	775,4 k €	+21.4%	638,6 k €	+19.3%	535,4 k €	-59.9%	1,3 M €	+5.4%	1,3 M €	-3.2%	1,3 M €	-35.2%	2 M €	+10.5%	1,8 M €	-53.8%	4 M €	+141%	1,6 M €	-27.7%	2,3 M €
Cash	135,8 k €	+358%	29,6 k €	+4229%	684,1 €	-27.5%	944,1 €	+160%	362,4 €	-90.2%	3,7 k €	+383%	765,8 €	-91.4%	8,9 k €		–		–		–		3 k €	-99.3%	459,7 k €	+329%	107 k €	-28.8%	150,3 k €	+77.0%	84,9 k €	-59.8%	211,3 k €	-70.2%	709,7 k €	+260%	197 k €	-66.5%	587,4 k €
Debts	2,2 M €	-12.1%	2,5 M €	+217%	778,3 k €	-13.8%	902,6 k €	-2.0%	920,7 k €	-12.5%	1,1 M €	-7.7%	1,1 M €	+23.5%	923,3 k €	-6.0%	982,5 k €	+25.7%	781,4 k €	+17.8%	663,2 k €	+77.4%	373,9 k €	-52.5%	786,5 k €	+78.6%	440,3 k €	+199%	147,4 k €	-83.3%	883,2 k €	+117%	406,7 k €	-84.4%	2,6 M €	+358%	567,3 k €	+38.4%	410 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 31 ended

Active mandates

Thomas Paniandy

Director · since 23 septembre 2025 · until 18 mai 2028

Active

Hamza Ravate

Director · since 16 mai 2024 · until 18 mai 2028

Active

Jean-Daniël Clotagatide

Director · since 16 mai 2024 · until 23 septembre 2025

Active

SIMMIC

Managing director · since 16 mai 2024 · until 18 mai 2028 · 0886.276.132

Active

Ended mandates

Jean-Daniël Clotagatide

Director · since 16 mai 2024 · until 18 mai 2028

Ended

Hamza Ravate

Director · since 20 mai 2021 · until 16 mai 2024

Ended

Hamza Ravate

Director · since 17 juillet 2020 · until 20 mai 2021

Ended

Jean-Daniël Clotagatide

Director · since 16 mai 2019 · until 16 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
C. STEINWEG BELGIUM● Active	0404.549.287

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Full 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	23/06/2026	23/06/2025	17/06/2024	19/06/2023	20/06/2022	05/07/2021
General meeting	21/05/2026	15/05/2025	16/05/2024	18/05/2023	19/05/2022	20/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/05/2026	23/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	17/06/2024	Dutch	PDF
Abridged model	31/12/2022	18/05/2023	19/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	20/06/2022	Dutch	PDF
Full model	31/12/2020	20/05/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	21/05/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	16/05/2019	26/06/2019	Dutch	PDF
Full model	31/12/2017	17/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	18/05/2017	21/09/2017	Dutch	PDF
Full model	31/12/2015	19/05/2016	17/06/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	15/05/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	16/05/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	23/05/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	19/05/2011	17/06/2011	Dutch	PDF
Full model	31/12/2009	20/05/2010	16/06/2010	Dutch	PDF
Full model	31/12/2008	22/05/2009	03/06/2009	Dutch	PDF
Full model	31/12/2007	15/05/2008	28/05/2008	Dutch	PDF
Full model	31/12/2006	18/05/2007	23/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 active · 31 ended

Active mandates

Thomas Paniandy

Director · since 23 septembre 2025 · until 18 mai 2028

Active

Hamza Ravate

Director · since 16 mai 2024 · until 18 mai 2028

Active

Jean-Daniël Clotagatide

Director · since 16 mai 2024 · until 23 septembre 2025

Active

SIMMIC

Managing director · since 16 mai 2024 · until 18 mai 2028 · 0886.276.132

Active

Ended mandates

Jean-Daniël Clotagatide

Director · since 16 mai 2024 · until 18 mai 2028

Ended

Hamza Ravate

Director · since 20 mai 2021 · until 16 mai 2024

Ended

Hamza Ravate

Director · since 17 juillet 2020 · until 20 mai 2021

Ended

Jean-Daniël Clotagatide

Director · since 16 mai 2019 · until 16 mai 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other19/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/06/2016
ONTSLAGEN - BENOEMINGEN
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 2025153,3 k €↑
2024
Annual accounts 202412,5 k €↓
2023
Annual accounts 2023170,1 k €↑
2022
Annual accounts 20225,8 k €↑
2021
Annual accounts 20215,4 k €↓
2020
Annual accounts 20208,5 k €↑
2019
Annual accounts 20194,4 k €↑
2018
Annual accounts 2018-832,9 k €↓
2017
Annual accounts 20179,5 k €↓
2016
Annual accounts 201640,6 k €↑
2015
Annual accounts 2015-211,4 k €↑
2014
Annual accounts 2014-397,7 k €↓
2013
Annual accounts 2013-276,5 k €↑
2012
Annual accounts 2012-338 k €↓
2011
Annual accounts 201130 k €↑
2010
Annual accounts 2010-221,4 k €↓
2009
Annual accounts 20092,9 k €↓
2008
Annual accounts 2008274,8 k €↑
2007
Annual accounts 2007166 k €↓
2006
Annual accounts 2006409,3 k €
09/02/2006
IncorporationPublic 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

MER UNION

Overview

What does MER UNION do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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