Honda Mertens Brussel
ActiveSummary
Honda Mertens Brussel has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €355k and a net result of €174k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-1
Solvency62▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.36 in 2024; short-term debt: 63.1% and cash: 4.4% of total assets), and 63.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.9%
Return on assets
18.1%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
on the day
2023
20 d early
2022
7 d early
2021
30 d early
2020
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€355k▲ 5.4%
2024 · €337k
2020: €71k
2021: €111k
2022: €225k
2023: €314k
2024: €337k
2020 → 2025
Total assets
€961k▲ 12.1%
2024 · €857k
2020: €713k
2021: €535k
2022: €961k
2023: €877k
2024: €857k
2020 → 2025
Net result
€174k▲ 7.3%
2024 · €162k
2020: €61k
2021: €40k
2022: €114k
2023: €239k
2024: €162k
2020 → 2025
Working capital
€217k▲ 14.9%
2024 · €188k
2020: €-5k
2021: €-6k
2022: €121k
2023: €161k
2024: €188k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€225k▲ 103%€314k▲ 39.8%€337k▲ 7.1%€355k▲ 5.4%
Operating result€55k-€159k▲ 189%€280k▲ 76.3%€189k▼ 32.7%€193k▲ 2.4%
Net result€40k-€114k▲ 187%€239k▲ 110%€162k▼ 32.2%€174k▲ 7.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €961k
Fixed assets
€138k ▼ 6.8%
Current assets
€823k ▲ 16.0%
Equity and liabilities €961k
Equity
€355k ▲ 5.4%
Debt
€606k ▲ 16.5%
Debt's share of the balance-sheet total rises from 60.7% to 63.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€221k▲
2024 · €218k
Cash flow
€203k▲
2024 · €192k
Current ratio
1.36▼
2024 · 1.36
Quick ratio
0.19▼
2024 · 0.30
Debt to equity
1.71▲
2024 · 1.55
ROE
49.1%▲
2024 · 48.2%
ROA
18.1%▼
2024 · 18.9%
Interest coverage
17.51▲
2024 · 13.16
Debt ≤ 1 year
€606k▲
2024 · €521k
Income taxes
€9k▼
2024 · €11k
Staff costs
€443k▲
2024 · €266k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€857k€961k▲
Fixed assets21/28€148k€138k▼
Intangible fixed assets21€3k€9k▲
Tangible fixed assets22/27€146k€129k▼
Land and buildings22€28k€22k▼
Plant, machinery and equipment23€3k€22k▲
Furniture and vehicles24€111k€48k▼
Other tangible fixed assets26€3k€37k▲
Current assets29/58€709k€823k▲
Stocks and contracts in progress3€554k€706k▲
Stocks30/36€554k€706k▲
Amounts receivable within one year40/41€131k€62k▼
Trade receivables40€73k€50k▼
Other amounts receivable41€58k€11k▼
Cash at bank and in hand54/58€5k€42k▲
Deferred charges and accrued income490/1€20k€13k▼
Equity and liabilities
Total equity and liabilities10/49€857k€961k▲
Equity10/15€337k€355k▲
Contributions10/11€10k€10k=
Reserves13€34k€34k=
Tax-exempt reserves132€34k€34k=
Profit (loss) carried forward14€293k€311k▲
Amounts payable17/49€521k€606k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€521k€606k▲
Current portion of amounts payable after more than one year42€4k€0▼
Financial debts43€21k€0▼
Credit institutions430/8€21k€0▼
Trade debts44€308k€269k▼
Suppliers440/4€308k€269k▼
Taxes, remuneration and social security45€44k€106k▲
Taxes450/3€11k€24k▲
Remuneration and social security454/9€33k€81k▲
Other amounts payable47/48€145k€232k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€266k€443k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€28k▼
Other operating charges640/8€20k€15k▼
Gross operating margin9900€504k€679k▲
Operating profit (loss)9901€189k€193k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€17k€13k▼
Recurring financial charges65€17k€13k▼
Profit (loss) for the period before taxes9903€173k€183k▲
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€162k€174k▲
Transfer to tax-exempt reserves689€34k€0▼
Profit (loss) for the period to be appropriated9905€129k€174k▲
Appropriation of the result
Profit (loss) to be appropriated9906€433k€467k▲
Profit (loss) brought forward from the previous period14P€304k€293k▼
Profit to be distributed694/7€140k€156k▲
Directors or managers695€140k€156k▲
Social balance
Average headcount (FTE)90873.86.2▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2020net €239k ▲110%
Operating result €280k, net result €239k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €225k ▲103%
3 profitable years in a row build equity to €225k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €40k ▼34.7%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €111k ▲56.1%
2 profitable years in a row build equity to €111k.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mechelsesteenweg 5601930 ZaventemGround area
768 m²
Building footprint
294 m²
Volume, LiDAR
2,419 m³
Parcel 23057A0064/00C003, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Honda Mertens Brussel
since 20202.302.847.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23057A0064/00C003 | Flanders | 768 m² | 1 · 294 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47830Retail sale of motorcycles and motorcycle parts and accessories
47812Retail trade
46730Wholesale trade
47632Retail sale of bicycles
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.