ACTIVE

Mermet Europe

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €+316,7 %over 1 year
Revenue63,9 M €+8 474,6 %over 1 year
Equity11,2 M €+10,6 %over 1 year
Workforce5,9 ETP

Identity

Source · BCE/KBO

Mermet Europe is a Private limited company incorporated in 2008. Its registered office is in Harelbeke. It employs on average 5,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0896.806.075
Incorporation
25/03/2008
Legal form
Private limited company
Registered office
Rijksweg 125
8531 Harelbeke · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
31/12/2025
Average workforce
5,9 ETP
Joint committees (2)
  • 200
  • 214
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue63,9 M €745,5 k €794,3 k €575,5 k €559,5 k €
EBITDA3,7 M €45,6 k €305,5 k €148,1 k €161,2 k €
Operating result2,6 M €43,2 k €299,2 k €132,4 k €119 k €
Net result1,1 M €-496 k €5,4 M €58,4 k €15,4 M €
Balance sheet
Equity11,2 M €10,1 M €10,6 M €5,2 M €5,1 M €
Total assets63,4 M €40,1 M €40,8 M €34 M €26,9 M €
Cash250 k €250 k €250 k €250 k €–
Debts52,2 M €30 M €30,1 M €28,8 M €21,8 M €
Other
Workforce5,9 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Luke Antunes do Vale

Director · since 02 juin 2025 · until 01 juin 2028

Active
Frederikus Hassing

Director · since 17 mai 2024 · until 02 juin 2027

Active

Ended mandates

Philippe Hertegonne

Director · since 20 décembre 2024

Ended
Cornelis van Leeuwen

Director · since 28 mai 2019 · until 01 juin 2025

Ended
Cornelis van Leeuwen

Director · since 28 mai 2019 · until 02 juin 2025

Ended
Hunter Douglas Belgium

Director · since 28 mai 2019 · until 01 juin 2025 · 0413.567.616

Represented by Luc Janvier

Ended

Other companies at this address

Rijksweg 125 8531 Harelbeke
CompanyCBE no.
CIDEC● Active
0441.968.127
COPACO GROEP● Active
0841.247.445
COPACO SCREENWEAVERS● Active
0400.534.378

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date24/07/202629/06/202528/06/202421/06/202317/06/202225/06/2021
General meeting01/06/202602/06/202503/06/202401/06/202301/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202624/07/2026DutchPDF
Full model31/12/202402/06/202529/06/2025DutchPDF
Full model31/12/202303/06/202428/06/2024DutchPDF
Full model31/12/202201/06/202321/06/2023DutchPDF
Full model31/12/202101/06/202217/06/2022DutchPDF
Full model31/12/202001/06/202125/06/2021DutchPDF
Full model31/12/201913/07/202017/08/2020DutchPDF
Full model30/06/201801/12/201804/01/2019DutchPDF
Full model30/06/201711/01/201828/02/2018DutchPDF
Full model30/06/201603/12/201628/02/2018DutchPDF
Full model30/06/201505/12/201529/02/2016DutchPDF
Abridged model31/12/201302/06/201401/07/2014DutchPDF
Abridged model31/12/201203/06/201326/08/2013DutchPDF
Abridged model31/12/201104/06/201224/08/2012DutchPDF
Abridged model31/12/201006/06/201119/07/2011DutchPDF
Abridged model31/12/200907/06/201018/08/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

Luke Antunes do Vale

Director · since 02 juin 2025 · until 01 juin 2028

Active
Frederikus Hassing

Director · since 17 mai 2024 · until 02 juin 2027

Active

Ended mandates

Philippe Hertegonne

Director · since 20 décembre 2024

Ended
Cornelis van Leeuwen

Director · since 28 mai 2019 · until 01 juin 2025

Ended
Cornelis van Leeuwen

Director · since 28 mai 2019 · until 02 juin 2025

Ended
Hunter Douglas Belgium

Director · since 28 mai 2019 · until 01 juin 2025 · 0413.567.616

Represented by Luc Janvier

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2025
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2019
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20251,1 M €↑
  2. 2024
    Annual accounts 2024-496 k €↓
  3. 2024
    Name changeMERMET EUROPE BV
  4. 2023
    Annual accounts 20235,4 M €↑
  5. 2022
    Annual accounts 202258,4 k €↓
  6. 2021
    Annual accounts 202115,4 M €↑
  7. 2020
    Annual accounts 2020376,5 k €↓
  8. 2019
    Annual accounts 20192,1 M €↓
  9. 2018
    Annual accounts 20184,7 M €↑
  10. 2017
    Annual accounts 20172,3 M €↓
  11. 2016
    Annual accounts 20163,7 M €↑
  12. 2013
    Annual accounts 201378,1 k €↑
  13. 2012
    Annual accounts 201232,5 k €↓
  14. 2011
    Annual accounts 2011174,7 k €↑
  15. 2010
    Annual accounts 2010148,8 k €↓
  16. 2009
    Annual accounts 20091,1 M €
  17. 2009
    Name changeGROEP V
  18. 25/03/2008
    IncorporationPrivate limited company