Merckx Brigitte
ActiveSummary
Merckx Brigitte has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-5k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.65 against 3.93 in 2024; short-term debt: 22.6% and cash: 40.6% of total assets), and 22.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
77.4%
Return on assets
-42.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
26 d late
2022
30 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 35.3%
2024 · €15k
2022: €7k
2023: €9k
2024: €15k
2022 → 2025
Total assets
€12k▼ 34.5%
2024 · €19k
2022: €15k
2023: €15k
2024: €19k
2022 → 2025
Net result
€-5k
2024 · €6k
2022: €2k
2023: €1k
2024: €6k
2022 → 2025
Working capital
€7k▼ 38.1%
2024 · €12k
2022: €7k
2023: €9k
2024: €12k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€9k▲ 19.2%€15k▲ 64.7%€9k▼ 35.3%
Operating result€3k-€2k▼ 24.7%€8k▲ 231%€-5k
Net result€2k-€1k▼ 40.8%€6k▲ 302%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€2k ▼ 23.2%
Current assets
€10k ▼ 36.4%
Equity and liabilities €12k
Equity
€9k ▼ 35.3%
Debt
€3k ▼ 31.6%
Debt's share of the balance-sheet total rises from 21.7% to 22.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €9k
Cash flow
€-4k▼
2024 · €6k
Current ratio
3.65▼
2024 · 3.93
Debt to equity
0.29▲
2024 · 0.28
ROE
-54.5%▼
2024 · 39.3%
ROA
-42.1%▼
2024 · 30.8%
Interest coverage
-87.03▼
2024 · 569.13
Debt ≤ 1 year
€3k▼
2024 · €4k
Income taxes
€27▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19k€12k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€16k€10k▼
Amounts receivable within one year40/41€4k€4k=
Other amounts receivable41€4k€4k=
Cash at bank and in hand54/58€6k€5k▼
Deferred charges and accrued income490/1€6k€1k▼
Equity and liabilities
Total equity and liabilities10/49€19k€12k▼
Equity10/15€15k€9k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€10k€4k▼
Amounts payable17/49€4k€3k▼
Amounts payable within one year42/48€4k€3k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€2k€143▼
Taxes450/3€2k€143▼
Other amounts payable47/48€249€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€442€640▲
Other operating charges640/8€872€966▲
Gross operating margin9900€9k€-3k▼
Operating profit (loss)9901€8k€-5k▼
Financial income75/76B-€38
Recurring financial income75-€38
Financial charges65/66B€15€51▲
Recurring financial charges65€15€51▲
Profit (loss) for the period before taxes9903€8k€-5k▼
Income taxes67/77€2k€27▼
Profit (loss) for the period9904€6k€-5k▼
Profit (loss) for the period to be appropriated9905€6k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€4k▼
Profit (loss) brought forward from the previous period14P€4k€10k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
State Gazette act
General meeting · Registered-office moveRegistered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
Registered-office move2 facts ▸
- General meeting, 07-08-2026
- Registered-office move, Kwakkelhoekstraat 37, 9100 Sint-Niklaas
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-5k ▼190%
Net result drops to €-5k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2022net €6k ▲302%
Operating result €8k, net result €6k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2022
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.
Hoge Bokstraat 2289111 Sint-NiklaasGround area
1,638 m²
Building footprint
220 m²
Volume, LiDAR
1,153 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kwakkelhoekstraat 37, 9100 Sint-Niklaas
since 20222.343.550.583
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0788/00K000 | Flanders | 834 m² | 1 · 148 m² | 7.9 m · 2 fl. |
| 46002B0771/00G002 | Flanders | 804 m² | 1 · 72 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
2023 to 2025 · 3 entries · 1,320 EUR awarded · 1,320 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 743 EUR | 743 EUR |
| 2024 | 1 | 289 EUR | 289 EUR |
| 2023 | 1 | 288 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Thomas De Bie Kinesitherapie
BE 0642.930.846
Grobbendonk · Eq €9,427
ASSIST - Body & Health
BE 1013.497.075
Bertem · Eq €9,360
DELEUZEKINE
BE 0682.436.570
Profondeville · Eq €9,446
AA Coaching
BE 1001.876.277
Schilde · Eq €9,454
Lisa Van den Borre
BE 0798.213.889
Westerlo · Eq €9,320
Of 12,686 companies in sector 86951 we hold annual accounts for 2,142. 1,493 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
47639Retail sale of other sporting goods
85510Sports and recreation education
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.