ACTIVE

MERCOR

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Financial year 2025 · closed on 31/12/2025
Net result
-72,5 k €
-277.8% YoY
Revenue
2,1 M €
-17.7% YoY
Equity
85,8 k €
-45.8% YoY
Workforce
15,7 ETP
-24.2% YoY

What does MERCOR do?

MERCOR is a Private limited company incorporated in 2006. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Antwerpen. It employs on average 15,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0879.866.610
Incorporation
09/03/2006
Legal form
Private limited company
Registered office
Ankerrui 20
2000 Antwerpen · FlandreSee on map
Contributed capital
180 000,00 €
Latest accounts
31/12/2025
Average workforce
15,7 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy74203Photographic activities
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
Positive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Revenue2,1 M €2,5 M €2,9 M €2,9 M €3 M €–––––––––––––
EBITDA31,7 k €90,8 k €180,8 k €-18,3 k €-22,4 k €148,5 k €33 k €22,2 k €19,5 k €-24,4 k €41,5 k €48,9 k €33,8 k €72,5 k €127,8 k €80,7 k €414,8 k €284,7 k €
Operating result-25,5 k €90,2 k €179,7 k €-19,8 k €-24,2 k €138,9 k €23,7 k €16,2 k €19,3 k €-28 k €33,3 k €36 k €20,6 k €55,2 k €96,6 k €35,8 k €374,3 k €237,7 k €
Net result-72,5 k €40,7 k €100,9 k €-39,6 k €-47,1 k €76,7 k €-17,6 k €-20,3 k €-14,2 k €-51,1 k €-4,7 k €-7,7 k €-11,7 k €11,3 k €35,6 k €2 k €215,7 k €123,2 k €
Balance sheet
Equity85,8 k €158,2 k €117,5 k €16,6 k €56,1 k €266,8 k €208,1 k €225,7 k €246 k €260,2 k €311,4 k €68,1 k €351,3 k €362,9 k €351,6 k €316 k €413,9 k €198,2 k €
Total assets744,2 k €948,7 k €1,8 M €1,2 M €871,9 k €900,9 k €777,6 k €957,6 k €963,1 k €1,3 M €1,1 M €916,2 k €923,4 k €803,1 k €749,5 k €923,5 k €1,1 M €775,1 k €
Cash44,3 k €201,8 k €212,1 k €98,6 k €84,3 k €170 k €93,9 k €34,3 k €105,4 k €80,4 k €169,2 k €––––22 €–54 €
Debts625,4 k €790,5 k €1,6 M €1,1 M €810,5 k €634,1 k €569,5 k €731,9 k €717,1 k €1,1 M €806,3 k €848,1 k €572,1 k €440,1 k €397,9 k €607,5 k €648,7 k €576,1 k €
Other
Workforce15,7 ETP20,7 ETP23,7 ETP25,0 ETP31,2 ETP38,6 ETP40,3 ETP40,0 ETP40,2 ETP44,1 ETP44,1 ETP45,4 ETP46,9 ETP48,5 ETP49,5 ETP46,6 ETP61,5 ETP44,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 38 ended

Active mandates

BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Bogaerts Jeroen

Active

Ended mandates

BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Jeroen Bogaerts

Ended
BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Jeroen BOGAERTS

Ended
Blue Management Services

Director · since 01 octobre 2020 · until 28 décembre 2020 · 0691.607.327

Represented by Jens Hendrickx

Ended
Blue Management Services

Director · since 01 octobre 2020 · 0691.607.327

Represented by Jens HENDRICKX

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull 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 date31/07/202625/07/202519/11/202417/01/202429/07/202230/07/2021
General meeting31/07/202630/06/202525/10/202412/01/202430/06/202225/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/07/202631/07/2026DutchPDF
Full model31/12/202430/06/202525/07/2025DutchPDF
Full model31/12/202325/10/202419/11/2024DutchPDF
Full model31/12/202212/01/202417/01/2024DutchPDF
Full model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202025/05/202130/07/2021DutchPDF
Abridged model31/12/201926/05/202025/06/2020DutchPDF
Abridged model31/12/201828/05/201904/06/2019DutchPDF
Abridged model31/12/201722/05/201822/06/2018DutchPDF
Abridged model31/12/201623/05/201714/06/2017DutchPDF
Abridged model31/12/201524/05/201631/05/2016DutchPDF
Abridged modelCorrection31/12/201426/05/201514/07/2015DutchPDF
Abridged model31/12/201426/05/201518/06/2015DutchPDF
Abridged model31/12/201327/05/201426/06/2014DutchPDF
Abridged model31/12/201228/05/201307/06/2013DutchPDF
Abridged model31/12/201122/05/201225/05/2012DutchPDF
Abridged model31/12/201024/05/201130/05/2011DutchPDF
Abridged model31/12/200925/05/201026/05/2010DutchPDF
Abridged model31/12/200826/05/200925/06/2009DutchPDF
Abridged model31/12/200727/05/200816/06/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 38 ended

Active mandates

BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Bogaerts Jeroen

Active

Ended mandates

BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Jeroen Bogaerts

Ended
BLQ Management

Director · since 30 septembre 2022 · 0750.548.089

Represented by Jeroen BOGAERTS

Ended
Blue Management Services

Director · since 01 octobre 2020 · until 28 décembre 2020 · 0691.607.327

Represented by Jens Hendrickx

Ended
Blue Management Services

Director · since 01 octobre 2020 · 0691.607.327

Represented by Jens HENDRICKX

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/01/2021
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates26/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates30/03/2011
    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

Timeline

  1. 2025
    Annual accounts 2025-72,5 k €↓
  2. 2024
    Annual accounts 202440,7 k €↓
  3. 2023
    Annual accounts 2023100,9 k €↑
  4. 2022
    Annual accounts 2022-39,6 k €↑
  5. 2021
    Annual accounts 2021-47,1 k €↓
  6. 2019
    Annual accounts 201976,7 k €↑
  7. 2018
    Annual accounts 2018-17,6 k €↑
  8. 2017
    Annual accounts 2017-20,3 k €↓
  9. 2016
    Annual accounts 2016-14,2 k €↑
  10. 2015
    Annual accounts 2015-51,1 k €↓
  11. 2014
    Annual accounts 2014-4,7 k €↑
  12. 2013
    Annual accounts 2013-7,7 k €↑
  13. 2012
    Annual accounts 2012-11,7 k €↓
  14. 2011
    Annual accounts 201111,3 k €↓
  15. 2010
    Annual accounts 201035,6 k €↑
  16. 2009
    Annual accounts 20092 k €↓
  17. 2008
    Annual accounts 2008215,7 k €↑
  18. 2007
    Annual accounts 2007123,2 k €
  19. 09/03/2006
    IncorporationPrivate limited company