LIES MERTENS
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
LIES MERTENS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93,676 and a net result of €55,414. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 37% of 57 sector peers (NACE 15, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 30-01-2018 Normal situation
- Activity
- Manufacture of leather and related products NACE 15120and 2 others
- Establishment units
- 2.272.777.207 2000 Antwerpen, since 30-01-2018
- 2.350.072.547 1000 Brussel, since 01-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €180,828
- ▲ 45.2%
- Turnover
- ≈ €460,000
- estimated
- Profit
- €55,414
- Equity
- €93,676
- ▲ 145%
- Total assets
- €486,795
- ▲ 4.6%
- Staff
- 2.7 FTE
- ▼ 15.6%
Score breakdownraises riskSector: Manufacture of leather and related products (NACE 15)Equity €93,676 (19.2% of total assets)lowers riskSize: total assets €486,795Figures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 15, micro). It does better than 44% of them on solvency, 66% on liquidity, 90% on profitability and 96% on growth.
The bankruptcy probability was computed on 31-10-2026 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
The company filed its last 7 accounts on average 45 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Positive: Equity rose in 2025from €38,263 to €93,676 ▲ 145% View
- Positive: Higher net result than 84% of companies in leather and related productssector median €1,168 · 57 companies €55,414 View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- Flemish supportawarded from 2022 to 2025 €52,696 View
Comparable companies
These companies have the same main activity as LIES MERTENS: manufacture of leather and related products (NACE 15120). They are comparable in size and age: total assets between €92,100 and €995,000, founded between 1987 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| LIES MERTENS Antwerpen | €486,795 | €180,828 |
| International Leather Company Oostende | €762,956 | €738,332 |
| IDC Houthalen-Helchteren | €643,846 | €476,186 |
| ATELIER SELLERIE GARNISSAGE Liège | €92,059 | €53,130 |
| CORMAN CONCEPTS Momignies | €183,693 | €121,022 |
| ZADELMAKERIJ GEBROEDERS VAN DER WIEL Hamont-Achel | €374,359 | €104,881 |
| LSP Sint-Katelijne-Waver | €994,744 | €402,184 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 29-06-2026
- Annual accounts 2024filed on 26-06-2025
- Annual accounts 2023filed on 06-06-2024
- Annual accounts 2022filed on 01-06-2023
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 06-11-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about LIES MERTENS
- What is the company number of LIES MERTENS?
- The company number of LIES MERTENS is 0689.569.931. The VAT number is the same number with BE in front: BE 0689.569.931.
- Where is LIES MERTENS based?
- The registered office is at Steenhouwersvest 6, 2000 Antwerpen.Company details
- What does LIES MERTENS do?
- According to the KBO register, the main activity is manufacture of leather and related products (NACE 15120).
- What is the legal form of LIES MERTENS?
- The legal form of LIES MERTENS is Public limited company (NV).
- When was LIES MERTENS founded?
- LIES MERTENS was founded on 30-01-2018.
- Is LIES MERTENS still active?
- Yes, LIES MERTENS is an active enterprise in the KBO register.
- How many employees does LIES MERTENS have?
- LIES MERTENS had an average of 2.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LIES MERTENS?
- The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €180,828 and 1,644 comparable companies of the same size. It probably lies between €280,000 and €860,000. It is a rough estimate.
- Is LIES MERTENS profitable?
- In financial year 2025, LIES MERTENS made a profit of €55,414.
- Where can I find the annual accounts of LIES MERTENS?
- LIES MERTENS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of LIES MERTENS due?
- LIES MERTENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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