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DE MERGPIJP

Active Private limited companyfounded 1996active for 30 yearsVlaamsekaai 16, 2000 AntwerpKBO/BCE: BE 0457.077.559

Lifetime

19 annual accounts with figures on one time axis, 29 filings since 1997
peak €312,949 (2021)
€135,401▼ 39.6%
lowest -€173,511 (2009)
€256,619▲ 413%
peak €858,542 (2025)
€858,542▲ 42.6%
€1.5m▼ 7.4%
peak 0 FTE (2023)
-not published
Board1 name since 2021
Owners
  
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €224,116 to €135,401Result from €50,053 to €256,619Equity from €601,923 to €858,542Cash from €307,530 to €550,971

Key points

from the 2025 annual accounts

Result

€256,619 ▲ 413%
€50,1002024€257,0002025

The result rose in 2025: different schema filed.

Liquidity

5.75 was 3.02 in 2024

Short-term debts fell from €126,705 to €105,940.

Filings

29 annual accounts since 1997
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 13 to 32 days before the end of the period.

Checked score

96
Excellent
Financially stronger than 66% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 1,618 companies (NACE 56, small).

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

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: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.4 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

62+10equity 36.6% of total assets
79+12short-term debt 4.5% · cash 23.5%
51-12return on assets 10.9%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Size: total assets €2.3m
Founded in 1996
Liquidity: current ratio 5.75, cash €550,971
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 56, small). It does better than 60% of them on solvency, 90% on liquidity, 29% on profitability and 84% on growth.

The bankruptcy probability was computed on 06-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as DE MERGPIJP has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DE MERGPIJP itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for DE MERGPIJP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.75 (3.02 in 2024), above the usual 1.5. Short-term debt is 4.5% and cash 23.5% of total assets. However, 63.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Size: total assets €2.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 5.75, cash €550,971
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
14 days early
2023
22 days early
2022
20 days early
2021
13 days early
2020
3 days early
2019
16 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 17 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 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
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • ALGO 49.94%score 85equity €253,956 (2025) · 2025 annual accounts of ALGO

Shares in 1 company, ALGOMAS

Board & ownership

Recent changes

Change of role: DIERICKX Dave Brian Ludo Irène, from manager to director “Administratie, consultancy en managementactiviteiten, omvattende onder meer:; Adviesbureau op het gebied van…” (deed in Dutch) · Director discharge: DIERICKX Dave Brian Ludo Irène · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0457077559
First establishment Vlaamsekaai 16, Antwerp
Incorporation published on 13-02-1996 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
DE MERGPIJP Antwerp €2.3m €135,401 36.6% -
WexCon Diest €2.1m €147,160 16.3% -
REAL ESTATE & MANAGEMENT Oostkamp €2.4m €119,162 77.8% -
DE WIJNKOELER Bruges €1.8m €149,886 74.8% -
A PROPOS Brussels €2.1m €106,494 -8.1% 6.2
Bien Boire Brussels €1.7m €161,220 82.7% -
SABRA Ottignies-Louvain-la-Neuve €2.9m €113,244 7.5% -

These companies have the same main activity as DE MERGPIJP: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1.7m and €2.9m, founded between 1987 and 2002.

Official details

Source: KBO
Status
Active since 17-01-1996Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.076.636.0792000 Antwerp, since 23-05-1996
Financial year end
31 December
Peppol
Reachable since 13-12-2022
Company details

Annual accounts 2025

≈ €390,000estimated
€2.3m▲ 6.2%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on DE MERGPIJP

DE MERGPIJP files the micro format. That format states no turnover. The gross margin rose from €23,371 in 2007 to €135,401 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DE MERGPIJP

What is the company number of DE MERGPIJP?
The company number of DE MERGPIJP is 0457.077.559. The VAT number is the same number with BE in front: BE 0457.077.559.
Where is DE MERGPIJP based?
The registered office is at Vlaamsekaai 16, 2000 Antwerp.Company details
What does DE MERGPIJP do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of DE MERGPIJP?
DE MERGPIJP is a private limited company (BV).
When was DE MERGPIJP founded?
DE MERGPIJP was founded on 17-01-1996.
Is DE MERGPIJP still active?
Yes, DE MERGPIJP is an active enterprise in the KBO register.
What is the turnover of DE MERGPIJP?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €135,401 and 86 comparable companies (NACE 56111). It probably lies between €330,000 and €480,000.Financials
Is DE MERGPIJP profitable?
In financial year 2025, DE MERGPIJP made a profit of €256,619.
Where can I find the annual accounts of DE MERGPIJP?
DE MERGPIJP filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE MERGPIJP due?
DE MERGPIJP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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