MERCATOR
ActiveMERCATOR has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.04M and a net result of €168k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 803 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
90
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-19
Solvency99=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 2.49 in 2023), and 36.9% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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 2024Solvency, return and age of the figures
Solvency
63.1%
Return on assets
10.2%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
30 d early
2022
17 d early
2021
47 d early
2020
31 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.04M▼ 11.3%
2023 · €1.17M
2018: €638k
2019: €805k
2020: €978k
2021: €1.21M
2022: €1.23M
2023: €1.17M
2018 → 2024
Total assets
€1.64M▼ 14.5%
2023 · €1.92M
2018: €1.33M
2019: €1.53M
2020: €1.80M
2021: €2.40M
2022: €2.17M
2023: €1.92M
2018 → 2024
Net result
€168k▼ 28.7%
2023 · €235k
2018: €87k
2019: €167k
2020: €173k
2021: €235k
2022: €322k
2023: €235k
2018 → 2024
Working capital
€723k▼ 11.4%
2023 · €816k
2018: €455k
2019: €556k
2020: €706k
2021: €927k
2022: €914k
2023: €816k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€978k-€1.21M▲ 24.0%€1.23M▲ 1.8%€1.17M▼ 5.2%€1.04M▼ 11.3%
Operating result€252k-€324k▲ 28.7%€464k▲ 43.4%€352k▼ 24.2%€304k▼ 13.6%
Net result€173k-€235k▲ 35.8%€322k▲ 36.9%€235k▼ 26.8%€168k▼ 28.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.64M
Fixed assets
€446k▼ 19.9%
Current assets
€1.20M▼ 12.3%
Equity and liabilities €1.64M
Equity
€1.04M▼ 11.3%
Debt
€606k▼ 19.5%
The debt ratio falls from 39.1% to 36.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€440k▼
2023 · €483k
Cash flow
€304k▼
2023 · €367k
Solvency
63.1%▲
2023 · 60.9%
Current ratio
2.53▲
2023 · 2.49
Quick ratio
2.53▲
2023 · 2.49
Debt / equity
0.58▼
2023 · 0.64
ROE
16.2%▼
2023 · 20.1%
ROA
10.2%▼
2023 · 12.3%
Interest coverage
5.61▼
2023 · 12.76
Debt
€606k▼
2023 · €752k
Debt ≤ 1 year
€473k▼
2023 · €548k
Debt > 1 year
€132k▼
2023 · €204k
Income taxes
€60k▼
2023 · €85k
Staff costs
€1.17M▼
2023 · €1.47M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.92M€1.64M▼
Fixed assets21/28€557k€446k▼
Intangible fixed assets21€38k€41k▲
Tangible fixed assets22/27€519k€406k▼
Land and buildings22€82k€52k▼
Plant, machinery and equipment23€7k€2k▼
Furniture and vehicles24€344k€279k▼
Leasing and similar rights25€86k€72k▼
Current assets29/58€1.36M€1.20M▼
Amounts receivable within one year40/41€143k€235k▲
Trade receivables40€108k€235k▲
Other amounts receivable41€35k-
Current investments50/53€739k€436k▼
Cash at bank and in hand54/58€482k€509k▲
Deferred charges and accrued income490/1€1k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.92M€1.64M▼
Equity10/15€1.17M€1.04M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.11M€976k▼
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€1.08M€950k▼
Amounts payable17/49€752k€606k▼
Amounts payable after more than one year17€204k€132k▼
Financial debts170/4€204k€132k▼
Amounts payable within one year42/48€548k€473k▼
Current portion of amounts payable after more than one year42€79k€72k▼
Trade debts44€294k€251k▼
Suppliers440/4€294k€251k▼
Taxes, remuneration and social security45€174k€151k▼
Taxes450/3€25k€36k▲
Remuneration and social security454/9€149k€115k▼
Other amounts payable47/48€2k-
Income statement
Code20232024
Non-recurring operating income76A€49k€16k▼
Remuneration, social security and pensions62€1.47M€1.17M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€136k▲
Other operating charges640/8€919€1k▲
Gross operating margin9900€1.96M€1.61M▼
Operating profit (loss)9901€352k€304k▼
Financial income75/76B€7k€3k▼
Recurring financial income75€7k€3k▼
Financial charges65/66B€38k€78k▲
Recurring financial charges65€38k€78k▲
Profit (loss) for the period before taxes9903€321k€228k▼
Income taxes67/77€85k€60k▼
Profit (loss) for the period9904€235k€168k▼
Profit (loss) for the period to be appropriated9905€235k€168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€235k€168k▼
Transfer from equity791/2€300k€300k=
Transfer to equity691/2€235k€168k▼
To other reserves6921€235k€168k▼
Profit to be distributed694/7€300k€300k=
Return on contributions (dividend)694€300k€300k=
Social balance
Average headcount (FTE)908729.323.3▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €322k ▲36.9%
Operating result €464k, net result €322k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.21M ▲24%
4 profitable years in a row build equity to €1.21M.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Leuven · 7 establishment units since 1989
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.
Blijde-Inkomststraat 803000 LeuvenGround area
3.3 ha
Building footprint
2,991 m²
Volume, LiDAR
27,887 m³
7 parcels, Brussels, Flanders · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
7 establishment units
MERCATOR
since 19892.142.939.440
MERCATOR
since 19892.044.748.221
MERCATOR
since 19892.142.939.341
MERCATOR
since 19892.044.747.924
Mercator
since 20182.278.920.869
Mercator
since 20182.278.920.968
Show 1 more locations
MERCATOR
since 20212.320.941.368
7 parcels
Flanders
6
(85.7%)
Brussels
1
(14.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0136/00M000 | Brussels | 1.5 ha | - | - |
| 24094C0754/00R000 | Flanders | 1.3 ha | 1 · 1,221 m² | 11.9 m · 2 fl. |
| 23772C0086/00K000 | Flanders | 2,687 m² | 1 · 858 m² | 21.3 m · 5 fl. |
| 23544D0327/00K003 | Flanders | 1,405 m² | 1 · 267 m² | 12.8 m · 3 fl. |
| 24505K0117/00N000 | Flanders | 717 m² | 1 · 134 m² | 15.7 m · 4 fl. |
| 24502B0370/00L002 | Flanders | 408 m² | 1 · 387 m² | 15.5 m · 4 fl. |
| 24055B0177/00P000 | Flanders | 130 m² | 1 · 124 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 336,284 EUR awarded · 323,316 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 96,714 EUR | 92,435 EUR |
| 2024 | 3 | 90,717 EUR | 91,949 EUR |
| 2023 | 3 | 46,005 EUR | 92,687 EUR |
| 2022 | 4 | 102,848 EUR | 46,245 EUR |
Schemes
Subsidie voor het terugkommoment
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
Legal Entity Identifier
9676004FTFQN86GZAO76
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Of 1,034 companies in sector 85531 we hold annual accounts for 345. 125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-06-1989
Fiscal year end31-12
Activities, NACEBEL
85531Driving schools for cars and motorcycles
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.