MERCONA
ActiveMERCONA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €-1k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 139 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
0.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Sector 51
higher
← fewer bankruptcies
more bankruptcies →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
35 d early
2023
48 d early
2022
25 d late
2021
41 d early
2020
31 d early
2019
61 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▼ 0.8%
2024 · €149k
2018: €153k
2019: €157k
2020: €142k
2021: €145k
2022: €147k
2023: €150k
2024: €149k
2018 → 2025
Total assets
€148k▼ 2.0%
2024 · €151k
2018: €153k
2019: €157k
2020: €165k
2021: €163k
2022: €160k
2023: €157k
2024: €151k
2018 → 2025
Net result
€-1k▼ 5.9%
2024 · €-1k
2018: €3k
2019: €4k
2020: €-15k
2021: €4k
2022: €2k
2023: €3k
2024: €-1k
2018 → 2025
Working capital
€20k▲ 12.4%
2023 · €18k
2020: €996
2021: €8k
2022: €13k
2023: €18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€145k-€147k▲ 1.3%€150k▲ 2.0%€149k▼ 0.8%€148k▼ 0.8%
Operating result€4k-€2k▼ 46.2%€3k▲ 49.3%€-1k€-1k▼ 14.5%
Net result€4k-€2k▼ 49.1%€3k▲ 63.4%€-1k€-1k▼ 5.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€121k▼ 6.5%
Current assets
€27k▲ 25.0%
Equity and liabilities €148k
Equity
€148k▼ 0.8%
Debt
€160▼ 91.6%
The debt ratio falls from 1.3% to 0.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€7k▼
2024 · €7k
Cash flow
€7k▲
2024 · €7k
Solvency
99.9%▲
2024 · 98.7%
Debt / equity
0.00▼
2024 · 0.01
ROE
-0.8%▼
2024 · -0.8%
ROA
-0.8%▼
2024 · -0.8%
Interest coverage
91.89▲
2024 · 46.72
Debt
€160▼
2024 · €2k
Debt > 1 year
€160=
2024 · €160
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€151k€148k▼
Fixed assets21/28€129k€121k▼
Tangible fixed assets22/27€129k€121k▼
Land and buildings22€129k€121k▼
Current assets29/58€22k€27k▲
Cash at bank and in hand54/58€22k€27k▲
Equity and liabilities
Total equity and liabilities10/49€151k€148k▼
Equity10/15€149k€148k▼
Contributions10/11€222k€222k=
Capital10€222k€222k=
Issued capital100€222k€222k=
Profit (loss) carried forward14€-73k€-74k▼
Amounts payable17/49€2k€160▼
Amounts payable after more than one year17€160€160=
Other amounts payable178/9€160€160=
Amounts payable within one year42/48€2k-
Current portion of amounts payable after more than one year42€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€10k€10k▲
Operating profit (loss)9901€-1k€-1k▼
Financial charges65/66B€157€79▼
Recurring financial charges65€157€79▼
Profit (loss) for the period before taxes9903€-1k€-1k▼
Profit (loss) for the period9904€-1k€-1k▼
Profit (loss) for the period to be appropriated9905€-1k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-74k▼
Profit (loss) brought forward from the previous period14P€-72k€-73k▼
The notes to these accounts (3 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 12.52
Current ratio from 4.46 to 12.52; short-term debt falls from €5k to €2k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €150k ▲2%
3 profitable years in a row build equity to €150k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.20 to 2.60.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-15k ▼446%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €4k ▲48.9%
Operating result €4k, net result €4k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Nieuwpoort · 1 establishment unit since 1993
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.
Franslaan 228620 NieuwpoortGround area
647 m²
Building footprint
656 m²
Volume, LiDAR
2,018 m³
Parcel 38402D0138/00P000, Flanders · tallest building 15.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Franslaan 22, 8620 Nieuwpoort
since 19932.061.658.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0138/00P000 | Flanders | 647 m² | 1 · 656 m² | 15.3 m · 1 fl. |
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
ILPAM
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DIRK LYSSENS
BE 0875.425.394
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LXR
BE 0811.051.048
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EMT
BE 0837.267.178
Spiere-Helkijn · Eq €153k
I-FLY
BE 0885.358.293
Gent · Eq €140k
Of 451 companies in sector 51100 we hold annual accounts for 170. 114 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-03-1993
Fiscal year end31-12
Activities, NACEBEL
51100Air transport
62200Computer consultancy and computer facilities management
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.