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Merci Bao

Active
Non-profit associationfounded 2023active for 2 yearsJan Blockxstraat 31, 1030 Schaarbeek, BelgiumKBO/BCE: BE 1003.165.090

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Merci Bao has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €800 and a net result of €517. Its solvency ranks better than 95% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Merci BaoActiveChecked score 99/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 08-12-2023 Normal situation
Legal form
Non-profit association
Registered office
Jan Blockxstraat 31, 1030 Schaarbeek
Activity
Wholesale trade NACE 46214and 5 others
Financial year end
31 December
Peppol
Reachable since 26-01-2026
Company details

Who decides

Board
Board & ownership

How it is doing

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€349
Surplus
€517
Equity
€800
Total assets
€800
2025 accounts on time
Filed on 31-07-2026at the National Bank
Financials
Why 99raises riskFounded in 2023Size: turnover €349, total assets €800lowers riskLegal form: non-profit associationLiquidity: cash €328Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 94% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 100
equity 100.0% of total assets
Liquidity 100
short-term debt 0.0% · cash 41.0%
Profitability 100
return on assets 64.6%
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 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 01-2025: 0.2% 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025highest value 02-2026: 0.5%● unchanged vs 01-2026highest value 03-2026: 0.5%● unchanged vs 02-2026highest value 04-2026: 0.5%● unchanged vs 03-2026highest value 05-2026: 0.5%● unchanged vs 04-2026highest value 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
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 46, micro): better than 90% on solvency, 98% on liquidity and 95% on profitability.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €349, total assets €800
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: cash €328
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage

Key points

  • Positive: Among the best 5% on solvencysector median 40.6% · 13,692 companies 100.0% View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Merci Bao

What is the company number of Merci Bao?
1003.165.090. In Belgium the VAT number is the company number with BE in front: BE 1003.165.090.
Where is Merci Bao based?
The registered office is at Jan Blockxstraat 31, 1030 Schaarbeek.Company details
What does Merci Bao do?
According to the KBO register, the main activity is wholesale trade (NACE 46214).
What is the legal form of Merci Bao?
Non-profit association (VZW).
When was Merci Bao founded?
On 08-12-2023.
Is Merci Bao still active?
Yes, Merci Bao is an active enterprise in the KBO register.
What is the turnover of Merci Bao?
€349 in financial year 2025, according to the filed annual accounts.Financials
Is Merci Bao profitable?
In financial year 2025, Merci Bao made a profit of €517.
Where can I find the annual accounts of Merci Bao?
Merci Bao filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

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