MERCATOR
ActiveSummary
MERCATOR has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121,041 and a net result of €4,799. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 13560 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 6.67 against 7.49 in 2024; short-term debt: 14.7% and cash: 42.4% of total assets), and 14.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
85.1%
Return on assets
3.4%
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
12 d early
2023
13 d early
2022
24 d late
2021
11 d late
2020
19 d late
2019
28 d 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 5 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€121,041▲ 4.1%
2024 · €116,242
Total assets
€142,171▲ 6.4%
2024 · €133,570
Net result
€4,799▲ 281%
2024 · €1,258
Working capital
€118,244▲ 5.2%
2024 · €112,430
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16,793€12,922▼ 23.1%-€815€1,142€7,045▲ 517%
Net result€16,600within the sector's middle half€12,625within the sector's middle half▼ 23.9%-€715within the sector's middle half€1,258within the sector's middle half€4,799within the sector's middle half▲ 281%
Equity€103,074above the sector's middle half▲ 19.2%€115,699above the sector's middle half▲ 12.2%€114,984above the sector's middle half▼ 0.6%€116,242above the sector's middle half▲ 1.1%€121,041above the sector's middle half▲ 4.1%
Total assets€108,869within the sector's middle half▲ 18.6%€131,797within the sector's middle half▲ 21.1%€133,116within the sector's middle half▲ 1.0%€133,570within the sector's middle half▲ 0.3%€142,171within the sector's middle half▲ 6.4%
Debt€5,795▲ 8.8%€16,099▲ 178%€18,132▲ 12.6%€17,329▼ 4.4%€21,131▲ 21.9%
Working capital€97,225▲ 20.8%€119,605▲ 23.0%€111,826▼ 6.5%€112,430▲ 0.5%€118,244▲ 5.2%
Solvency94.7%above the sector's middle half▲ 0.5pp87.8%above the sector's middle half▼ 6.9pp86.4%above the sector's middle half▼ 1.4pp87.0%above the sector's middle half▲ 0.6pp85.1%above the sector's middle half▼ 1.9pp
Staff (FTE)0.9▲ 800%3.63.3▼ 8.3%3.3=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 517% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142,171
Fixed assets
€3,061 ▼ 19.7%
Current assets
€139,111 ▲ 7.2%
Equity and liabilities €142,171
Equity
€121,041 ▲ 4.1%
Debt
€21,131 ▲ 21.9%
Debt's share of the balance-sheet total rises from 13.0% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,036▲
2024 · €2,547
Cash flow
€5,790▲
2024 · €2,663
Current ratio
6.67▼
2024 · 7.49
Debt to equity
0.17▲
2024 · 0.15
ROE
4.0%▲
2024 · 1.1%
ROA
3.4%▲
2024 · 0.9%
Interest coverage
18.28▲
2024 · 5.36
Debt ≤ 1 year
€20,867▲
2024 · €17,329
Debt > 1 year
€264
Income taxes
€1,862
Staff costs
€26,681▼
2024 · €27,547
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,730 | €14,245 | €18,349 | €27,547 | €26,681 | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,849 | €1,626 | €1,436 | €1,405 | €991 | ▼ 29.5% |
| Other operating charges640/8 | €1,429 | €3,919 | €3,593 | €3,659 | €1,573 | ▼ 57.0% |
| Gross operating margin9900 | €23,801 | €32,711 | €22,563 | €33,753 | €36,290 | ▲ 7.5% |
| Operating profit (loss)9901 | €16,793 | €12,922 | -€815 | €1,142 | €7,045 | ▲ 517% |
| Financial income75/76B | €1 | €754 | €134 | €591 | €55 | ▼ 90.7% |
| Recurring financial income75 | €1 | €754 | €134 | €591 | €55 | ▼ 90.7% |
| Financial charges65/66B | €194 | €1,051 | €34 | €475 | €439 | ▼ 7.6% |
| Recurring financial charges65 | €194 | €1,051 | €34 | €475 | €439 | ▼ 7.6% |
| Profit (loss) for the period before taxes9903 | €16,600 | €12,625 | -€715 | €1,258 | €6,661 | ▲ 429% |
| Income taxes67/77 | - | - | - | - | €1,862 | - |
| Profit (loss) for the period9904 | €16,600 | €12,625 | -€715 | €1,258 | €4,799 | ▲ 281% |
| Profit (loss) for the period to be appropriated9905 | €16,600 | €12,625 | -€715 | €1,258 | €4,799 | ▲ 281% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108,869 | €131,797 | €133,116 | €133,570 | €142,171 | ▲ 6.4% |
| Fixed assets21/28 | €5,848 | €4,594 | €3,158 | €3,812 | €3,061 | ▼ 19.7% |
| Tangible fixed assets22/27 | €5,348 | €4,094 | €2,658 | €3,312 | €2,561 | ▼ 22.7% |
| Plant, machinery and equipment23 | €5,348 | €4,094 | €2,658 | €3,312 | €2,334 | ▼ 29.5% |
| Furniture and vehicles24 | - | - | - | - | €226 | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €103,021 | €127,204 | €129,958 | €129,759 | €139,111 | ▲ 7.2% |
| Amounts receivable after more than one year29 | €46,000 | €46,000 | €46,000 | €46,000 | €46,000 | = |
| Other amounts receivable291 | €46,000 | €46,000 | €46,000 | €46,000 | €46,000 | = |
| Amounts receivable within one year40/41 | €35,958 | €55,081 | €48,765 | €45,932 | €32,784 | ▼ 28.6% |
| Trade receivables40 | €2,395 | €20,067 | €13,513 | - | €179 | - |
| Other amounts receivable41 | €33,563 | €35,014 | €35,252 | €45,932 | €32,605 | ▼ 29.0% |
| Cash at bank and in hand54/58 | €21,063 | €26,123 | €27,739 | €37,827 | €60,327 | ▲ 59.5% |
| Deferred charges and accrued income490/1 | - | - | €7,454 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108,869 | €131,797 | €133,116 | €133,570 | €142,171 | ▲ 6.4% |
| Equity10/15 | €103,074 | €115,699 | €114,984 | €116,242 | €121,041 | ▲ 4.1% |
| Contributions10/11 | €6,701 | €6,701 | €6,701 | €6,701 | €6,701 | = |
| Reserves13 | €89,169 | €89,169 | €89,169 | €89,169 | €89,169 | = |
| Non-distributable reserves130/1 | €2,359 | €2,359 | €2,359 | €2,359 | €2,359 | = |
| Reserves not available under the articles1311 | €2,359 | €2,359 | €2,359 | €2,359 | €2,359 | = |
| Distributable reserves133 | €86,810 | €86,810 | €86,810 | €86,810 | €86,810 | = |
| Profit (loss) carried forward14 | €7,203 | €19,828 | €19,114 | €20,372 | €25,170 | ▲ 23.6% |
| Amounts payable17/49 | €5,795 | €16,099 | €18,132 | €17,329 | €21,131 | ▲ 21.9% |
| Amounts payable after more than one year17 | - | - | - | - | €264 | - |
| Other amounts payable178/9 | - | - | - | - | €264 | - |
| Amounts payable within one year42/48 | €5,795 | €7,599 | €18,132 | €17,329 | €20,867 | ▲ 20.4% |
| Trade debts44 | €4,685 | €2,802 | €7,461 | €3,394 | €11,084 | ▲ 227% |
| Suppliers440/4 | €4,685 | €2,802 | €7,461 | €3,394 | €11,084 | ▲ 227% |
| Taxes, remuneration and social security45 | €1,110 | €4,797 | €10,671 | €13,935 | €9,783 | ▼ 29.8% |
| Taxes450/3 | €631 | €4,513 | €8,103 | €13,879 | €9,545 | ▼ 31.2% |
| Remuneration and social security454/9 | €479 | €284 | €2,568 | €56 | €238 | ▲ 327% |
| Accrued charges and deferred income492/3 | - | €8,500 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,600 | €12,625 | -€715 | €1,258 | €4,799 | ▲ 281% |
| + Depreciation and write-downs630 | €2,849 | €1,626 | €1,436 | €1,405 | €991 | ▼ 29.5% |
| Operating cash flow (approximation) | €19,449 | €14,251 | €721 | €2,663 | €5,790 | ▲ 117% |
| Investment in fixed assets (approximation) | - | -€371 | €0 | -€2,059 | -€240 | ▲ 88.3% |
| Change in cash | - | €5,060 | €1,616 | €10,088 | €22,500 | ▲ 123% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1,258
Net result €1,258 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Back to profitnet €16,600
Net result €16,600 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €103,074 ▲19.2%
Equity rises from €86,473 to €103,074.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet -€10,255
Net result drops to -€10,255, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 31.71
Current ratio from 12.30 to 31.71; short-term debt falls from €7,740 to €2,621.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 163 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 528 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 1991
Ground area
48 m²
Building footprint
36 m²
Volume, LiDAR
476 m³
Parcel 11002A1510/00_000, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CAFE MERCATOR
since 19912.054.060.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1510/00_000 | Flanders | 48 m² | 1 · 36 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.054.060.617
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 3,552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437640541
Also
9925:BE0437640541
Registered
24-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.