MERBRAINE EQUILIS

Active

Public limited companyfounded 2018active for 8 yearsDrève Richelle 161 Bât.D, 1410 Waterloo, Belgium22 active companies are registered at this addressKBO/BCE: BE 0712.683.645

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MERBRAINE EQUILIS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,027 and a net result of €1.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

MERBRAINE EQUILISActiveChecked score 96/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 29-10-2018 Normal situation
Legal form: Public limited company
Registered office: Drève Richelle 161 Bât.D, 1410 Waterloo
Activity: Development of residential building projects NACE 68121and 2 others
Establishment unit: 2.281.498.990 6041 Charleroi, since 29-10-2018
Financial year end: 31 December
Peppol: Reachable

Company details

Who decides

Board

Meeùs & Parmentier PropertiesManaging director · permanent representative Luc PARMENTIER
ERNESTINEDirector · since 29-10-2018 · permanent representative LouisDorsan VAN CALOEN
LUPTONDirector · since 29-10-2018 · permanent representative Alexandre VAN CALOEN
KEYSTONEDirector · since 06-11-2019 · permanent representative Thomas RIHOUX
HEWIMADirector · since 22-01-2025 · permanent representative Guillaume Beuscart

Auditor: SRL REMON & Co

Shareholders

Board & ownership

How it is doing

96 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Turnover: €13.9m
Profit: €1.8m
Equity: €104,027
Total assets: €16.9m; ▲ 55.2%

2025 accounts 23 days early

Filed on 08-07-2026at the National Bank

Financials

Why 96raises riskEquity €104,027 (0.6% of total assets)lowers riskSize: turnover €13.9m, total assets €16.9mSector: Real estate activities (NACE 68)Liquidity: current ratio 4.35, cash €7.3mShow the evidence

Checked score

Score 2025

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 70% of its sector peers (NACE 68, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 26+5

equity 0.6% of total assets

Liquidity 92+3

short-term debt 23.0% · cash 43.0%

Profitability 64+31

return on assets 10.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (1,722 companies, NACE 68, medium-sized)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged 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: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity ample (current ratio 4.35, compared with 7.68 in 2024, above the usual 1.5; short-term debt: 23% and cash: 43% of total assets), but 99.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, medium-sized): better than 16% on solvency, 97% on liquidity, 72% on profitability and 94% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Equity €104,027 (0.6% of total assets)

NBB · annual accounts

Size: turnover €13.9m, total assets €16.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Real estate activities (NACE 68)

KBO

Liquidity: current ratio 4.35, cash €7.3m

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5789 sector peers (2025).

NBB · sector comparison

Position among 5789 sector peers

Solvency

better than 14%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

23 days early

2024

44 days early

2023

7 days early

2022

28 days early

2021

13 days early

2020

17 days early

2019

53 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 8 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Back in profit in 2025after -€186,901 in 2024 €1.8m View
Positive: Among the best 5% on net resultsector median €20,550 · 5,796 companies €1.8m View
Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Documents

Key facts about MERBRAINE EQUILIS

What is the company number of MERBRAINE EQUILIS?: 0712.683.645. In Belgium the VAT number is the company number with BE in front: BE 0712.683.645.
Where is MERBRAINE EQUILIS based?: The registered office is at Drève Richelle 161 Bât.D, 1410 Waterloo.Company details
What does MERBRAINE EQUILIS do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of MERBRAINE EQUILIS?: Public limited company (NV).
When was MERBRAINE EQUILIS founded?: On 29-10-2018.
Is MERBRAINE EQUILIS still active?: Yes, MERBRAINE EQUILIS is an active enterprise in the KBO register.
What is the turnover of MERBRAINE EQUILIS?: €13.9m in financial year 2025, according to the filed annual accounts.Financials
Is MERBRAINE EQUILIS profitable?: In financial year 2025, MERBRAINE EQUILIS made a profit of €1.8m.
Where can I find the annual accounts of MERBRAINE EQUILIS?: MERBRAINE EQUILIS filed 7 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 MERBRAINE EQUILIS due?: By 31-07-2027, for financial year 2026.Timeline