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AD MERBRAINE

Active
Public limited companyfounded 2017active for 9 yearsAvenue Victor Hugo 3, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0678.975.254
Summary

AD MERBRAINE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €711,136 and a net result of €765,545. Equity has been growing by about 8.8% per year since 2019. Its solvency ranks better than 33% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-07-2017 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Establishment unit
2.266.386.192 1420 Braine-l'Alleud, since 28-07-2017
Financial year end
31 January
Peppol
Reachable since 05-02-2026

Board and ownership

Financial position

86 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-01-2026
Gross margin
€2.3m
▲ 7.0%
Turnover
≈ €15.0m
estimated
Profit
€765,545
▲ 13.1%
Equity
€711,136
▲ 4.5%
Total assets
€3.5m
▲ 10.5%
Staff
23.5 FTE
▲ 9.3%
Score breakdownraises riskSector: Retail trade (NACE 47)Equity €711,136 (20.3% of total assets)lowers riskFigures for financial year 2026 (filed on 08-05-2026)Profit of €765,545 (financial year 2026)Show the evidence

Checked score

Score 2026
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of small companies in retail trade (NACE 47)
Financial strength · tick: 2025
Average
Solvency 45-2
equity 20.3% of total assets
Liquidity 33-21
short-term debt 69.8% · cash 16.6%
Profitability 96+1
return on assets 21.9%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.3%▼ -0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.68 (0.94 in 2025), below 1. Short-term debt is 69.8% and cash 16.6% of total assets. 79.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 36% of them on solvency, 35% on liquidity, 95% on profitability and 53% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2026 (filed on 08-05-2026)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €711,136 (20.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €765,545 (financial year 2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 08-05-2026, 115 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2026
115 days early
2025
65 days early
2024
74 days early
2023
72 days early
2022
70 days early
2021
71 days early
2020
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 72 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 20 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 90% of companies in retail tradesector median €47,488 · 369 companies €765,545 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2026: €765,545 7 years View

Recent changes

  1. · Gazette deed Reappointments: ZURSTRASSEN Jean, de STREEL Grégoire and CAEYMAEX Renaud
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as AD MERBRAINE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €2.7m and €4.4m, founded between 2016 and 2019.

CompanyTotal assetsGross margin
AD MERBRAINE Braine-l'Alleud€3.5m€2.3m
Meram Antwerpen€4.4m€2.3m
PEETERS-GOVERS TERBLAD Lille€2.7m€2.2m
REDISAL Namur€3.8m€1.5m
AD REYERS Evere€4.1m€2.4m
WILBERT Willebroek€4.1m€2.2m
MKR2 Gent€3.1m€1.6m
Full comparison

Key facts about AD MERBRAINE

What is the company number of AD MERBRAINE?
The company number of AD MERBRAINE is 0678.975.254. The VAT number is the same number with BE in front: BE 0678.975.254.
Where is AD MERBRAINE based?
The registered office is at Avenue Victor Hugo 3, 1420 Braine-l'Alleud.Company details
What does AD MERBRAINE do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of AD MERBRAINE?
The legal form of AD MERBRAINE is Public limited company (NV).
When was AD MERBRAINE founded?
AD MERBRAINE was founded on 28-07-2017.
Is AD MERBRAINE still active?
Yes, AD MERBRAINE is an active enterprise in the KBO register.
How many employees does AD MERBRAINE have?
AD MERBRAINE had an average of 23.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of AD MERBRAINE?
The turnover in financial year 2026 is ≈ €15.0m. This figure is estimated from the gross margin of €2.3m and 30 comparable companies (NACE 471). It probably lies between €9.4m and €19.0m.
Is AD MERBRAINE profitable?
In financial year 2026, AD MERBRAINE made a profit of €765,545.
Where can I find the annual accounts of AD MERBRAINE?
AD MERBRAINE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of AD MERBRAINE due?
AD MERBRAINE must file the annual accounts for financial year 2027 by 31-08-2027.Timeline

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