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M.E.R.E.L.

Active
Private limited companyfounded 2011active for 15 yearsStationsstraat 3, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0835.574.133
Summary

M.E.R.E.L. has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,973 and a net result of -€6,725. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 36% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 11-04-2011 Normal situation
Activity
Retail sale of cosmetics and toilet articles NACE 47750and 3 others
Establishment unit
2.198.834.503 2220 Heist-op-den-Berg, since 11-04-2011
Financial year end
31 December
Peppol
Reachable since 01-10-2025

Board and ownership

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€13,900
▼ 66.9%
Turnover
≈ €150,000
estimated
Loss
€6,725
Equity
€31,973
▼ 17.4%
Total assets
€182,640
▼ 8.4%
Staff
≈ 0 FTE
estimated
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Retail trade (NACE 47)lowers riskFounded in 2011Size: total assets €182,640Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 36% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 43-1
equity 17.5% of total assets
Liquidity 52=
short-term debt 21.5% · cash 7.7%
Profitability 46-23
return on assets -3.7%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.6 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%▼ -0.2 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.47 in 2024), below the usual 1.5. Short-term debt is 21.5% and cash 7.7% of total assets. 82.5% 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, micro). It does better than 33% of them on solvency, 57% on liquidity, 34% on profitability and 21% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

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 risk
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €182,640
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
6 days early
2022
7 days early
2021
27 days early
2020
25 days early
2019
5 days late
← 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 on the deadline day. 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00497348.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 14 filings

Turnover
≈ €150,000
Estimated: probably between €53,000 and €310,000
Total assets
€182,640▼ 8.4%
2024 · €199,456
Net result
-€6,725
2024 · €243
Working capital
€10,070▼ 40.8%
2024 · €17,016
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€781
2025
20182025
Net result
-€6,725
2025
lowest quarter of the sector
20182025
Equity
€31,973
▼ 17.4% 2025
middle half of the sector
20182025
Total assets
€182,640
▼ 8.4% 2025
middle half of the sector
20182025
Debt
€150,667
▼ 6.3% 2025
20182025
Working capital
€10,070
▼ 40.8% 2025
middle half of the sector
20182025
Solvency
17.5%
▼ 1.9pp 2025
middle half of the sector
20182025
Current ratio
1.26
▼ 0.21 2025
middle half of the sector
20182025
Return on assets (ROA)
-3.7%
▼ 3.8pp 2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€11,970-€6,745▼ 43.7%€5,765▼ 14.5%€18,233▲ 216%€14,179▼ 22.2%€6,648▼ 53.1%€10,793▲ 62.4%-€781
Net result€6,299-€1,967▼ 68.8%€506within the sector's middle half▼ 74.3%€11,465within the sector's middle half▲ 23×€6,056within the sector's middle half▼ 47.2%€3,459within the sector's middle half▼ 42.9%€243within the sector's middle half▼ 93.0%-€6,725below the sector's middle half
Equity€15,003-€16,970▲ 13.1%€17,476within the sector's middle half▲ 3.0%€28,940within the sector's middle half▲ 65.6%€34,996within the sector's middle half▲ 20.9%€38,455within the sector's middle half▲ 9.9%€38,697within the sector's middle half▲ 0.6%€31,973within the sector's middle half▼ 17.4%
Total assets€87,735-€243,690▲ 178%€258,833within the sector's middle half▲ 6.2%€278,159within the sector's middle half▲ 7.5%€258,387within the sector's middle half▼ 7.1%€258,998within the sector's middle half▲ 0.2%€199,456within the sector's middle half▼ 23.0%€182,640within the sector's middle half▼ 8.4%
Debt€72,732-€226,720▲ 212%€241,358▲ 6.5%€249,219▲ 3.3%€223,391▼ 10.4%€220,543▼ 1.3%€160,759▼ 27.1%€150,667▼ 6.3%
Working capital€42,664-€495▼ 98.8%€844within the sector's middle half▲ 70.5%-€1,437within the sector's middle half€3,145within the sector's middle half-€700within the sector's middle half€17,016within the sector's middle half€10,070within the sector's middle half▼ 40.8%
Solvency17.1%-7.0%▼ 10.1pp6.8%within the sector's middle half▼ 0.2pp10.4%within the sector's middle half▲ 3.7pp13.5%within the sector's middle half▲ 3.1pp14.8%within the sector's middle half▲ 1.3pp19.4%within the sector's middle half▲ 4.6pp17.5%within the sector's middle half▼ 1.9pp
Current ratio2.38-1.02▼ 1.361.02within the sector's middle half▲ 0.010.97within the sector's middle half▼ 0.051.06within the sector's middle half▲ 0.090.99within the sector's middle half▼ 0.071.47within the sector's middle half▲ 0.481.26within the sector's middle half▼ 0.21
Return on assets (ROA)7.2%-0.8%▼ 6.4pp0.2%within the sector's middle half▼ 0.6pp4.1%within the sector's middle half▲ 3.9pp2.3%within the sector's middle half▼ 1.8pp1.3%within the sector's middle half▼ 1.0pp0.1%within the sector's middle half▼ 1.2pp-3.7%below the sector's middle half▼ 3.8pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €781, after a profit of €10,793 in 2024. It is the lowest result since 2021.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,640
Fixed assets €133,305 ▼ 8.6%
Current assets €49,334 ▼ 7.9%
Equity and liabilities €182,640
Equity €31,973 ▼ 17.4%
Debt €150,667 ▼ 6.3%
Debt's share of the balance-sheet total rises from 80.6% to 82.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,799▼
2024 · €30,573
Cash flow
€5,855▼
2024 · €20,023
Quick ratio
0.60▼
2024 · 0.76
Debt to equity
4.71▲
2024 · 4.15
ROE
-21.0%▼
2024 · 0.6%
Interest coverage
3.84▼
2024 · 6.57
Debt ≤ 1 year
€39,265▲
2024 · €36,555
Debt > 1 year
€111,403▼
2024 · €124,204
Income taxes
€3,000▼
2024 · €6,000
Staff costs
€405
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€32,106-€28,777--
Financial fixed assets----€0
Depreciation and write-downs of the year€22,433€26,351€31,014€19,781€12,580

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€199,456€182,640▼
Fixed assets21/28€145,886€133,305▼
Tangible fixed assets22/27€144,761€132,180▼
Land and buildings22€139,047€128,898▼
Plant, machinery and equipment23€4,713€3,282▼
Furniture and vehicles24€1,001€0▼
Financial fixed assets28€1,125€1,125=
Current assets29/58€53,570€49,334▼
Stocks and contracts in progress3€25,750€25,750=
Stocks30/36€25,750€25,750=
Amounts receivable within one year40/41€16,923€9,459▼
Trade receivables40€8,689€3,804▼
Other amounts receivable41€8,233€5,655▼
Cash at bank and in hand54/58€10,898€14,125▲
Equity and liabilities
Total equity and liabilities10/49€199,456€182,640▼
Equity10/15€38,697€31,973▼
Contributions10/11€6,200€6,200=
Reserves13€32,497€25,773▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€30,637€23,913▼
Amounts payable17/49€160,759€150,667▼
Amounts payable after more than one year17€124,204€111,403▼
Financial debts170/4€124,204€111,403▼
Amounts payable within one year42/48€36,555€39,265▲
Current portion of amounts payable after more than one year42€13,790€12,801▼
Financial debts43€1,268€588▼
Credit institutions430/8€1,268€588▼
Trade debts44€4,092€4,492▲
Suppliers440/4€4,092€4,492▲
Taxes, remuneration and social security45€7,370€1,355▼
Taxes450/3€7,370€1,355▼
Other amounts payable47/48€10,034€20,029▲
Income statement Code20242025
Non-recurring operating income76A€1,103€0▼
Remuneration, social security and pensions62-€405
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,781€12,580▼
Other operating charges640/8€1,800€1,695▼
Non-recurring operating charges66A€9,656€0▼
Gross operating margin9900€42,029€13,900▼
Operating profit (loss)9901€10,793-€781▼
Financial income75/76B€102€126▲
Recurring financial income75€102€126▲
Financial charges65/66B€4,652€3,070▼
Recurring financial charges65€4,652€3,070▼
Profit (loss) for the period before taxes9903€6,243-€3,725▼
Income taxes67/77€6,000€3,000▼
Profit (loss) for the period9904€243-€6,725▼
Profit (loss) for the period to be appropriated9905€243-€6,725▼
Appropriation of the result
Profit (loss) to be appropriated9906€243-€6,725▼
Transfer from equity791/2-€6,725
Transfer to equity691/2€243€0▼
To other reserves6921€243€0▼

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€1,103€0▼ 100%
Remuneration, social security and pensions62-------€405-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,128€29,316€34,580€22,433€26,351€31,014€19,781€12,580▼ 36.4%
Other operating charges640/8---€1,443€1,561€1,961€1,800€1,695▼ 5.8%
Non-recurring operating charges66A---€323€178€241€9,656€0▼ 100%
Gross operating margin9900€28,149€38,040€42,260€42,432€42,269€39,864€42,029€13,900▼ 66.9%
Operating profit (loss)9901€11,970€6,745€5,765€18,233€14,179€6,648€10,793-€781-
Financial income75/76B---€296€395€445€102€126▲ 23.7%
Recurring financial income75€299€933€231€296€395€445€102€126▲ 23.7%
Financial charges65/66B---€5,375€5,123€5,251€4,652€3,070▼ 34.0%
Recurring financial charges65€843€3,808€5,161€5,375€5,123€5,251€4,652€3,070▼ 34.0%
Profit (loss) for the period before taxes9903€11,427€3,870€836€13,154€9,451€1,842€6,243-€3,725-
Income taxes67/77€5,128€1,903€330€1,689€3,395-€1,617€6,000€3,000▼ 50.0%
Profit (loss) for the period9904€6,299€1,967€506€11,465€6,056€3,459€243-€6,725-
Profit (loss) for the period to be appropriated9905€6,299€1,967€506€11,465€6,056€3,459€243-€6,725-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€87,735€243,690€258,833€278,159€258,387€258,998€199,456€182,640▼ 8.4%
Fixed assets21/28€14,081€212,106€219,580€229,253€202,902€200,664€145,886€133,305▼ 8.6%
Tangible fixed assets22/27€14,006€212,031€218,455€228,128€201,777€199,539€144,761€132,180▼ 8.7%
Land and buildings22---€169,494€159,345€149,196€139,047€128,898▼ 7.3%
Plant, machinery and equipment23---€29,871€23,450€22,587€4,713€3,282▼ 30.4%
Furniture and vehicles24---€28,763€18,982€27,757€1,001€0▼ 100%
Financial fixed assets28€75€75€1,125€1,125€1,125€1,125€1,125€1,125=
Current assets29/58€73,654€31,584€39,254€48,906€55,485€58,334€53,570€49,334▼ 7.9%
Stocks and contracts in progress3--€11,000€11,000€4,000€26,000€25,750€25,750=
Stocks30/36---€11,000€4,000€26,000€25,750€25,750=
Amounts receivable within one year40/41€14,059€877€5,881€7,451€9,790€17,068€16,923€9,459▼ 44.1%
Trade receivables40---€3,971€7,518€8,173€8,689€3,804▼ 56.2%
Other amounts receivable41---€3,480€2,272€8,895€8,233€5,655▼ 31.3%
Cash at bank and in hand54/58€59,278€30,424€22,373€29,142€40,332€13,824€10,898€14,125▲ 29.6%
Deferred charges and accrued income490/1---€1,314€1,364€1,442---
Equity and liabilities
Total equity and liabilities10/49€87,735€243,690€258,833€278,159€258,387€258,998€199,456€182,640▼ 8.4%
Equity10/15€15,003€16,970€17,476€28,940€34,996€38,455€38,697€31,973▼ 17.4%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€8,803€10,770€11,276€22,740€28,796€32,255€32,497€25,773▼ 20.7%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€20,880€26,936€30,395€30,637€23,913▼ 21.9%
Amounts payable17/49€72,732€226,720€241,358€249,219€223,391€220,543€160,759€150,667▼ 6.3%
Amounts payable after more than one year17€21,517€195,632€202,948€198,875€171,051€161,510€124,204€111,403▼ 10.3%
Financial debts170/4---€198,875€171,051€161,510€124,204€111,403▼ 10.3%
Amounts payable within one year42/48€30,991€31,089€38,410€50,344€52,340€59,034€36,555€39,265▲ 7.4%
Current portion of amounts payable after more than one year42---€33,082€33,721€33,745€13,790€12,801▼ 7.2%
Financial debts43---€1,697€1,695€1,506€1,268€588▼ 53.6%
Credit institutions430/8---€1,697€1,695€1,506€1,268€588▼ 53.6%
Trade debts44€4,296€6,765€5,891€2,282€10,920€20,950€4,092€4,492▲ 9.8%
Suppliers440/4---€2,282€10,920€20,950€4,092€4,492▲ 9.8%
Advances received on contracts in progress46-----€1,155---
Taxes, remuneration and social security45---€918€2,837€79€7,370€1,355▼ 81.6%
Taxes450/3---€918€2,837€79€7,370€1,355▼ 81.6%
Other amounts payable47/48---€12,364€3,168€1,599€10,034€20,029▲ 99.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€6,299€1,967€506€11,465€6,056€3,459€243-€6,725-
+ Depreciation and write-downs630€15,128€29,316€34,580€22,433€26,351€31,014€19,781€12,580▼ 36.4%
Operating cash flow (approximation)€21,427€31,282€35,086€33,898€32,406€34,473€20,023€5,855▼ 70.8%
Investment in fixed assets (approximation)--€227,341-€42,054-€32,106€0-€28,777€34,998€0▼ 100%
Change in cash--€28,855-€8,051€6,769€11,190-€26,508-€2,926€3,228-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,166 companies had the same profile as M.E.R.E.L. has now. Two years later, 94.1% were still going and 2.5% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
94.1% was still going
3.0% stopped otherwise
2.5% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of M.E.R.E.L. itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,446 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 2,166 companies, not a prediction for M.E.R.E.L.. 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.

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00497348 PDF
31-12-2024 micro format 29-08-2025 2025-00452569 PDF
31-12-2023 micro format 25-07-2024 2024-00282075 PDF
31-12-2022 micro format 24-07-2023 2023-00261815 PDF
31-12-2021 micro format 04-07-2022 2022-20124141 PDF
31-12-2020 micro format 06-07-2021 2021-33700036 PDF
31-12-2019 micro format 05-08-2020 2020-40200302 PDF
31-12-2018 micro format 27-08-2019 2019-53800563 PDF
31-12-2017 micro format 28-08-2018 2018-55700129 PDF
31-12-2016 micro format 28-08-2017 2017-50000288 PDF

Show all 14 filings

Board & ownership

Directors

Directors
2 directors, last change in 2023
LINTERMANS Machteld
Director (not named in the articles) · appointed in the act of 28-12-2023 · earlier manager, until 28-12-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Current
VERSTRAETEN Jan
Director (not named in the articles) · appointed in the act of 28-12-2023 · earlier manager, until 28-12-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-12-2023

Owners and capital

Mandate history

2 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
LINTERMANS Machteld
  • Manager, until 28-12-2023
  • Director (not named in the articles), appointed in the act of 28-12-2023, still in office
VERSTRAETEN Jan
  • Manager, until 28-12-2023
  • Director (not named in the articles), appointed in the act of 28-12-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, 1”

Articles of association, deed of 28-12-2023 (in Dutch)

Network & group

M.E.R.E.L. shares no director with another company.

Companies at the same address

1 other company

Connections & network

2 current directors
Depth

The network starts from the directors of M.E.R.E.L.. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
31-12
Financial Weakest financial yearnet -€6,725
The net result drops to -€6,725, the lowest from 2018 to 2025.
29-08
NBB filing Annual accounts 2024 filedPDF
micro format · 29 days late
2024
25-07
NBB filing Annual accounts 2023 filedPDF
micro format · 6 days before the deadline
2023
28-12
Gazette deed Changes of role: VERSTRAETEN Jan (director) and LINTERMANS Machteld (director)
Capital conversion · Reserve release · Amendment of the articles11 points ▸
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen en rechtsvorm van de besloten vennootschap behouden” (deed in Dutch)
  • Capital conversion, “Tweede besluit vaststelling, van rechtswege omgezet” (deed in Dutch)
  • Reserve release, “middelen beschikbaar voor uitkering en niet vermelden in statuten, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Amendment of the articles
  • Director resignation, VERSTRAETEN Jan (manager)
  • Director resignation, LINTERMANS Machteld (manager)
  • Director appointment, VERSTRAETEN Jan (director (not named in the articles))
  • Director appointment, LINTERMANS Machteld (director (not named in the articles))
  • Other provision, “kwijting ontslagnemende zaakvoerder, beslissen over kwijting mandaatuitoefening” (deed in Dutch)
  • Registered office clause, “2220 Heist-op-den-Berg,Stationsstraat 3, Zesde besluit” (deed in Dutch)

Open the act in the Belgian Official Gazette

24-07
NBB filing Annual accounts 2022 filedPDF
micro format · 7 days before the deadline
2022
04-07
NBB filing Annual accounts 2021 filedPDF
micro format · 27 days before the deadline
2021
31-12
Financial Highest result from 2018 to 2025net €11,465 ▲2,167%
The operating result of €18,233 and the net result of €11,465 are both a record.
06-07
NBB filing Annual accounts 2020 filedPDF
micro format · 25 days before the deadline
2020
05-08
NBB filing Annual accounts 2019 filedPDF
micro format · 5 days late
2019
27-08
NBB filing Annual accounts 2018 filedPDF
micro format · 27 days late
2018
28-08
NBB filing Annual accounts 2017 filedPDF
micro format · 28 days late
2017
28-08
NBB filing Annual accounts 2016 filedPDF
micro format · 28 days late
2011
29-04
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

M.E.R.E.L. was incorporated on 11 April 2011.1 Total assets rose from €87,735 in 2018 to €182,640 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name M.E.R.E.L. in Dutch
Enterprise number 0835.574.133
Legal form Private limited company
Status Active, normale toestand
Founded 11-04-2011
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, Artikel 2”
deed of 28-12-2023 (in Dutch)

Registered office and establishments

Registered office Stationsstraat 3, 2220 Heist-op-den-Berg, Belgium
Establishment unit M.E.R.E.L., Stationsstraat 3, 2220 Heist-op-den-Berg since 11-04-2011 · unit number 2.198.834.5032511001 Manufacture of metal structures and parts of structures

Activities

NACEBEL 2025
47750 Retail sale of cosmetics and toilet articles main activity
43990 Other specialised construction activities
96220 Beauty care and other beauty treatments
96230 Day spas, saunas and steam baths
Codes under NACEBEL 2008
47750 Retail trade main activity
43999 Specialised construction activities
96022 Beauty treatment
96040 Personal service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“63990 Overige dienstverlenende activiteiten op het gebied van informatie,niet elders gespecifieerd; 7021001 Verlenen van advies en…”
75 activities
  1. 63990 Overige dienstverlenende activiteiten op het gebied van informatie,niet elders gespecifieerd
  2. 7021001 Verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie
  3. 7022001 Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort
  4. 82990 Overzicht zakelijke dienstverlening,niet elders gespecifieerd
  5. 68311 Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
  6. 74901 Activiteiten van managers van artiesten,sportlui en overige bekend personaliteiten
  7. 7739201 Verhuur en operationele leasing zonder bedieningspersoneel van tenten voor tentoonstellingen,bedrijfsfeesten,concerten,enzovoort
  8. 82300 Organisatie van congressen en beurzen
  9. 9311021 Organisatie en uitvoering van sportevenementen: voetbal,wielrennen,bowling,zwemmen,golf,boksen,worstelen,en andere vechtsporten,bodybuilding,wintersporten,enzovoort
  10. 9312901 Activiteiten in verband met sportwedstrijden met dieren (paarden,windhonden,duiven,enzovoort
  11. 9312902 Activiteiten in verband met mechanische sporten (auto's,motorrijwielen,karts,enzovoort)
  12. 9312904 Activiteiten in verband met zeilwedstrijden,waterski,jetski,deltavliegen,zweefvliegen,vliegen met ULM's,met sport en toerismevliegtuigen,enzovoort
  13. 9319901 Promotie en organisatie van sportevenementen,als zelfstandige activiteit of voor rekening van derden
  14. 9329901 Bieden van overig amusement,niet elders gespecifieerd: circussen,poppentheaters,rodeo's,klank- en lichtspelen,enzovoort
  15. 93110 Exploitatie van sportaccommodaties
  16. 93199 Overige sportactiviteiten,niet elders gespecifieerd
  17. 9319902 Ondersteunende diensten in verband met de sportbeoefening
  18. 85510 Sport- en recreatieonderwijs (mogelijk burgerlijke activiteit)
  19. 93192 Zelfstandig werkende sportbeoefenaars (mogelijk burgerlijk activiteit)
  20. 9602201 Verlenen van advies op het gebied van de schoonheidszorgen en gezichtsverzorging; het aanbrengen van make-up,enzovoort
  21. 9602202 Huidverzorging en epileren
  22. 9602203 Manicure en pedicure
  23. 96040 Sauna's,solaria,baden,enzovoort
  24. 70210 Adviesbureaus op het gebied van public relations en communicatie
  25. 7022002 Berekenen van kosten en baten van de voorgestelde maatregelen op gebied van planning,organisatie,efficiëntie,enzovoort
  26. 73200 Markt- en opinieonderzoekbureaus
  27. 7320001 Onderzoek naar de omvang van de markt voor bepaalde producten,de ontvangst en de bekendheid van producten en koopgewoonten,met het oog op verkoopbevordering en ontwikkeling van nieuwe producten
  28. 681001 Handel in eigen onroerend goed: flatgebouwen en woningen niet voor bewoning bestemde gebouwen,grond
  29. 6810002 Verkoop van eigen handelszaken en van zelf verworven sleutelgeld (overname)
  30. 70220 Overige adviesbureaus op het gebied van bedrijfsbeheer,adviesbureaus op het gebied van bedrijfsvoering
  31. 7311001 Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
  32. 7311002 Ontwerpen en plaatsen van buitenreclame: reclameborden en panelen,lichtkranten en neonreclame,aanbrengen van reclame op bussen,enzovoort
  33. 7311003 Ontwerpen van publicitaire teksten en slogans (copywriters)
  34. 7311004 Ontwerpen van publicitaire films
  35. 7311005 Ontwerpen van publicitaire artikelen
  36. 7311006 Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen (direct marketing) door middel van geadresseerde reclame (direct mailing),telefonische koopvoorstellen,enzovoort
  37. 7311007 Luchtreclame
  38. 7311011 Verspreiden en thuisbezorgen van monsters en reclamemateriaal,inclusief streekkrantjes en dergelijke
  39. 7312001 Verkopen van tijd en ruimte voor publiciteit in diverse media (advertentie - acquisitie)
  40. 7312002 Aanbieden van reclameruimten op panelen,rond sportvelden,in stationshallen,enzovoort
  41. 47715 Detailhandel in kledingaccessoires in gespecialiseerde winkels
  42. 47750 Detailhandel in cosmetica en toiletartikelen in gespecialiseerde winkels
  43. 4778602 Kleinhandel in imitatiesieraden,gadgets,enzovoort
  44. 93130 Fitnesscentra
  45. 81300 Landschapsverzorging
  46. 813001 Het snoeien van bomen en heggen
  47. 8130002 Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
  48. 2511001 De vervaardiging van metalen constructiewerken en gebinten voor de bouw
  49. 2511003 Vervaardiging van geprefabriceerde gebouwen,overwegend van metaal: bouwketen,modulaire tentoonstellingselementen,telefooncellen,enzovoort
  50. 3312011 Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
  51. 4211001 De bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails)
  52. 4221901 Onderneming voor het boren en aanleggen van waterputten,graven van mijnschachten
  53. 4222002 Aanleg van telecommunicatielijnen en -netten
  54. 4312001 Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven en sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
  55. 4312011 Het ruimen van bouwterreinen
  56. 43130 Proefboren en boren
  57. 4321102 Ondernemen voor de installatie van de bedrading voor telefooninstallaties en computersystemen
  58. 43291 Isolatiewerkzaamheden
  59. 4329101 Het aanbrengen in gebouwen en andere bouwwerken van: - thermisch isolatiemateriaal - isolatiemateriaal tegen geluid en trillingen
  60. 4329102 Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
  61. 4329103 De isolatie van koeikamers en -pakhuizen
  62. 4329901 De installatie van stores en zonneschermen
  63. 4329912 Onderneming voor de installatie van antennes en bliksemafleiders
  64. 4334202 Het schilderen van schepen en boten door niet-gespecialiseerde eenheden
  65. 4399201 Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort
  66. 4399402 Onderneming voor het uitvoeren van voegwerken
  67. 4399901 Onderneming voor het bouwen van funderingen,inclusief heien
  68. 4399905 Onderneming voor het uitvoeren van hijs- en heiwerkzaamheden voor rekening van derden
  69. 4399906 Onderneming voor het optrekken en afbreken van steigers en werkplatforms
  70. 4339001 Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
  71. 81210 Algemene reiniging van gebouwen
  72. 8122001 Reinigen van het interieur van allerlei gebouwen: kantoren,fabrieken,werkplaatsen,allerlei commerciële gebouwen,appartementsgebouwen enzovoort
  73. 8122002 Lappen van ramen
  74. 8122003 Schoorsteenvegen en het schoonmaken van vuurplaatsen,kachels,enzovoort
  75. 8129001 Desinfecteren en het bestrijden van ongedierte in gebouwen,schepen,treinen,enzovoort
deed of 28-12-2023 (in Dutch)

Invoicing and payment

VAT number BE 0835.574.133
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0835574133
Other Peppol ID 9925:BE0835574133
Registered 01-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0835.574.133

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
12 May at 20:00
deed of 28-12-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
123 m²
Building footprint
102 m²
Building volume
584 m³
Cadastral parcel Region Area Buildings Height / floors
12322I0462/00L003 Flanders 123 m² 1 · 102 m² 9.5 m · 1