MERCURY 23
ActiveThe computed 12-month bankruptcy probability of MERCURY 23 is 4.6% (elevated). The 2025 annual accounts show equity of €47k and a net result of €43k. Its solvency ranks better than 78% of 13159 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+67
Solvency89▲+52
Growth78
Track record82
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.78 against 1.13 in 2024; short-term debt: 36% and cash: 29.9% of total assets), and 36.2% 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
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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
63.8%
Return on assets
58%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 d early
2024
22 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 1,003%
2024 · €4k
2024: €4k
2024 → 2025
Total assets
€74k▲ 104%
2024 · €36k
2024: €36k
2024 → 2025
Net result
€43k
2024 · €-699
2024: €-699
2024 → 2025
Working capital
€48k▲ 1,007%
2024 · €4k
2024: €4k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€4k-€47k▲ 1,003%
Operating result€1k-€58k▲ 5,062%
Net result€-699-€43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 5,062% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €74k
Equity
€47k▲ 1,003%
Debt
€27k▼ 16.1%
The debt ratio falls from 88.2% to 36.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
63.8%▲
2024 · 11.8%
Current ratio
2.78▲
2024 · 1.13
Quick ratio
2.78▲
2024 · 1.13
Debt / equity
0.57▼
2024 · 7.48
ROE
90.9%▲
2024 · -16.3%
ROA
58.0%▲
2024 · -1.9%
Debt
€27k▼
2024 · €32k
Debt ≤ 1 year
€27k▼
2024 · €32k
Income taxes
€12k▲
2024 · €1k
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€36k€74k▲
Current assets29/58€36k€74k▲
Amounts receivable within one year40/41€28k€51k▲
Trade receivables40€22k€39k▲
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€7k€22k▲
Deferred charges and accrued income490/1€863€739▼
Equity and liabilities
Total equity and liabilities10/49€36k€74k▲
Equity10/15€4k€47k▲
Contributions10/11€5k€5k=
Reserves13-€42k
Distributable reserves133-€42k
Profit (loss) carried forward14€-699€0▲
Amounts payable17/49€32k€27k▼
Amounts payable within one year42/48€32k€27k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€12k€25k▲
Remuneration and social security454/9€11k€0▼
Accrued charges and deferred income492/3-€172
Income statement
Code20242025
Other operating charges640/8€473€2k▲
Gross operating margin9900€2k€61k▲
Operating profit (loss)9901€1k€58k▲
Financial income75/76B€353€931▲
Recurring financial income75€353€931▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€312€55k▲
Income taxes67/77€1k€12k▲
Profit (loss) for the period9904€-699€43k▲
Profit (loss) for the period to be appropriated9905€-699€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-699€42k▲
Profit (loss) brought forward from the previous period14P-€-699
Transfer to equity691/2-€42k
To other reserves6921-€42k
The notes to these accounts (2 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.78
Current ratio from 1.13 to 2.78; short-term debt falls from €32k to €27k.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, De Haan · 2 establishment units since 2024
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.
Kievitenlaan 138420 De HaanGround area
1,079 m²
Building footprint
545 m²
Volume, LiDAR
7,922 m³
2 parcels, Flanders · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
MERCURY 23
since 20242.354.719.639
Martha's
since 20262.388.973.210
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A0433/00G000 | Flanders | 696 m² | 1 · 161 m² | 6.1 m · 1 fl. |
| 31038B0016/00L003 | Flanders | 383 m² | 1 · 383 m² | 23.8 m · 7 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.
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YANDI
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Chapelle 16
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ND FOOD
BE 0639.806.357
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VOITURON'S LUXURY CERCLE
BE 0844.083.706
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COCONUT EXCLUSIVE
BE 0477.266.625
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 4,071 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2024
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
70200Business and other management consultancy
70220Business consulting
55100Hotels and similar accommodation
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ivan.kusseneers@mercury23.com