MERCALUX
ActiveMERCALUX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency5▼-51
Growth45▼-27
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 1.44 in 2024; short-term debt: 119.8% and cash: 37.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-19.8%
Return on assets
-36.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-8k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
53 d late
2023
on the day
2022
32 d early
2021
31 d early
2020
31 d early
2019
3 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€37k▼ 35.7%
2024 · €58k
2018: €18k
2019: €24k
2020: €29k
2021: €43k
2022: €34k
2023: €40k
2024: €58k
2018 → 2025
EBIT margin
-36.5%▼ 53.7pp
2024 · 17.2%
2018: -58.0%
2019: -35.6%
2020: 27.9%
2021: 18.8%
2022: -33.2%
2023: -20.6%
2024: 17.2%
2018 → 2025
Net result
€-14k
2024 · €10k
2018: €1k
2019: €-9k
2020: €8k
2021: €6k
2022: €-11k
2023: €-9k
2024: €10k
2018 → 2025
Working capital
€-8k
2024 · €7k
2018: €11k
2019: €3k
2020: €11k
2021: €18k
2022: €6k
2023: €-3k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€43k-€34k▼ 21.3%€40k▲ 18.9%€58k▲ 46.2%€37k▼ 35.7%
Equity€18k-€6k▼ 65.4%€-3k€7k€-8k
Operating result€8k-€-11k€-8k▲ 26.3%€10k€-14k
Net result€6k-€-11k€-9k▲ 19.3%€10k€-14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €10k in 2024, the lowest result in the available series.
Key figures and ratios
Solvency
-19.8%▼
2024 · 30.6%
Current ratio
0.83▼
2024 · 1.44
Quick ratio
0.83▼
2024 · 1.44
Debt / equity
-6.04▼
2024 · 2.27
ROA
-36.8%▼
2024 · 45.5%
Debt
€46k▲
2024 · €15k
Debt ≤ 1 year
€46k▲
2024 · €15k
Staff costs
€43k▲
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€39k▲
Current assets29/58€21k€39k▲
Amounts receivable within one year40/41€14k€24k▲
Trade receivables40€11k€24k▲
Other amounts receivable41€3k€327▼
Cash at bank and in hand54/58€7k€14k▲
Equity and liabilities
Total equity and liabilities10/49€21k€39k▲
Equity10/15€7k€-8k▼
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Profit (loss) carried forward14€-6k€-20k▼
Amounts payable17/49€15k€46k▲
Amounts payable within one year42/48€15k€46k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€290€5k▲
Remuneration and social security454/9€3k€1k▼
Other amounts payable47/48€9k€38k▲
Income statement
Code20242025
Turnover70€58k€37k▼
Goods, raw materials, services and sundry goods60/61€7k€8k▲
Remuneration, social security and pensions62€41k€43k▲
Gross operating margin9900€51k€29k▼
Operating profit (loss)9901€10k€-14k▼
Financial charges65/66B€275€561▲
Recurring financial charges65€275€561▲
Profit (loss) for the period before taxes9903€10k€-14k▼
Profit (loss) for the period9904€10k€-14k▼
Profit (loss) for the period to be appropriated9905€10k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-20k▼
Profit (loss) brought forward from the previous period14P€-16k€-6k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-14k ▼246%
Net result drops to €-14k, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 12.01
Current ratio from 1.77 to 12.01; short-term debt falls from €4k to €1k.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Vaux-sur-Sûre · 1 establishment unit since 2016
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.
Assenois 446640 Vaux-sur-SûreGround area
2,081 m²
Building footprint
181 m²
Parcel 82013A0426/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Assenois 44 b, 6640 Vaux-sur-Sûre
since 20162.258.599.864
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82013A0426/00G000 | Wallonia | 2,081 m² | 1 · 181 m² | - |
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.
Similar companies · same sector, comparable size
J.D.S. - Digital Creations
BE 0863.260.507
Wichelen · Eq €7k
Vlaamse Volt
BE 1010.620.234
Wommelgem · Eq €7k
ME4U
BE 0800.289.491
Sint-Gillis-Waas · Eq €7k
PROVIDENT CONSULT
BE 0664.479.197
Soignies · Eq €7k
DE VOS JOHNATHAN
BE 0794.678.735
Charleroi · Eq €6k
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 1,513 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2016
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.