Equity
-€937,918
Debts exceed assets in financial year 2024.
MERCURY TRADING
Lifetime
16 annual accounts with figures on one time axis, 30 filings since 1993Gross marginpeak €498,534 (2020)
€13,809▼ 72.7%
Resultlowest -€1.2m (2018)
-€81,742▲ €471,804
Equitypeak €1.8m (2008)
-€937,918▼ €81,742
Debts
€2.9m▼ 9.2%
Staffpeak 7.9 FTE (2020)
0 FTE▼ 100%
Board1 name since 1991
1 directorJonckheere Patrick
Documentsfilings and deeds
26-09-202557 days late
2024abbreviated format
Gross margin from €50,672 to €13,809Loss of €81,742Staff from 1.4 FTE to 0 FTERegistered office moved from Hooglede to Knokke-Heist 12-09
Key points
from the 2024 annual accountsLosses
-€4.1m in nine years
Every financial year from 2016 to 2024 closed with a loss. 2018 was the heaviest.
Turnover
≈ €400,000 estimated
The abbreviated format states no turnover.
Debts
€2.9m 148% of the balance sheet
Financial debts 22%Suppliers 0%Taxes and wages 0%Other 78%
Of this, €1.9m falls due within a year.
Filings
30 annual accounts 97 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-48.4%
Lower solvency than 95% of companies in wholesale trade. Sector median 44.0% · 8,964 companies.
Checked score
47
Fair
Financially stronger than 14% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,896 companies (NACE 46, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.1%
01-2025: 7.1%● unchanged vs 12-2024
02-2025: 7.2%▲ +0.1 percentage points vs 01-2025
03-2025: 7.0%▼ -0.2 percentage points vs 02-2025
04-2025: 7.3%▲ +0.3 percentage points vs 03-2025highest value
05-2025: 7.1%▼ -0.2 percentage points vs 04-2025
06-2025: 7.1%● unchanged vs 05-2025
07-2025: 7.2%▲ +0.1 percentage points vs 06-2025
08-2025: 6.8%▼ -0.4 percentage points vs 07-2025
09-2025: 6.8%● unchanged vs 08-2025
10-2025: 1.5%▼ -5.3 percentage points vs 09-2025lowest value
11-2025: 1.5%● unchanged vs 10-2025lowest value
12-2025: 1.5%● unchanged vs 11-2025lowest value
01-2026: 1.5%● unchanged vs 12-2025lowest value
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 1.9%▲ +0.3 percentage points vs 04-2026
06-2026: 4.8%▲ +2.9 percentage points vs 05-2026
07-2026: 4.9%▲ +0.1 percentage points vs 06-2026
08-2026: 5.8%▲ +0.9 percentage points vs 07-2026
09-2026: 6.6%▲ +0.8 percentage points vs 08-2026
10-2026: 3.9%▼ -2.7 percentage points vs 09-2026
11-2026: 3.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Figures for financial year 2024 (filed on 30-09-2025)
lowers risk
Founded in 1991
Size: total assets €1.9m
Calculation
The band follows from the bankruptcy probability. 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). It does better than 6% of them on solvency, 4% on liquidity, 19% on profitability and 26% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,242 companies had the same profile as MERCURY TRADING has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MERCURY TRADING itself is higher: 3.9% within 12 months. It rests on far more data about MERCURY TRADING than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,242 companies, not a prediction for MERCURY TRADING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.99 (1.01 in 2023), below 1. Short-term debt is 97.3% and cash 1.1% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€937,918
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 57 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
57 days late
2023
65 days late
2022
67 days late
2021
107 days late
2020
61 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 64 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered office moved within Knokke-Heist
New registered office: Elizabetlaan 160, bus -11, 8300 Knokke-Heist · Previous registered office: Louis Ludwiglaan 17, 8300 Knokke-Heist · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446018173
Registered office moved from Hooglede to Knokke-Heist
New registered office: Louis Ludwiglaan 17, 8300 Knokke-Heist · Previous registered office: Stoomtuigstraat 28, 8830 Hooglede · Board meeting of 05-07-2024 · Gazette deed
First establishment
Elizabetlaan 160, Knokke-Heist
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| MERCURY TRADING Knokke-Heist | €1.9m | €13,809 | -48.4% | 0 |
| ORBIT INDUSTRIAL TRADING Geel | €0.7m | €17,504 | 94.9% | 1 |
| EEKLOSE BANDENCENTRALE Eeklo | €2.0m | €19,284 | 95.3% | - |
| DOCTERS' BANDEN Oud-Turnhout | €3.1m | €22,258 | 84.6% | - |
| MOTOR TREND Lanaken | €1.6m | €21,260 | -9.4% | - |
| WTI Houthalen-Helchteren | €1.0m | €23,876 | 47.3% | - |
| AIR BRAKE ENGINEERING SYSTEMS Lier | €0.8m | €40,105 | 2.6% | 1 |
These companies have the same main activity as MERCURY TRADING: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €726,000 and €3.1m, founded between 1984 and 2005.
Official details
Source: KBO- Status
- Active since 20-12-1991Normal situation
- Activity
- Wholesale of motor vehicle parts and accessoriesNACE 46720and 2 others
- Joint committee
- 149.02Coachwork · annual accounts 2024
- Establishment unit
- 2.055.607.9648300 Knokke-Heist, since 06-01-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on MERCURY TRADING
MERCURY TRADING files the abbreviated format. That format states no turnover. The gross margin fell from €109,221 in 2007 to €13,809 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MERCURY TRADING
- What is the company number of MERCURY TRADING?
- The company number of MERCURY TRADING is 0446.018.173. The VAT number is the same number with BE in front: BE 0446.018.173.
- Where is MERCURY TRADING based?
- The registered office is at Elizabetlaan 160B, 8300 Knokke-Heist.Company details
- What does MERCURY TRADING do?
- According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
- What is the legal form of MERCURY TRADING?
- MERCURY TRADING is a public limited company (NV).
- When was MERCURY TRADING founded?
- MERCURY TRADING was founded on 20-12-1991.
- Is MERCURY TRADING still active?
- Yes, MERCURY TRADING is an active enterprise in the KBO register.
- How many employees does MERCURY TRADING have?
- MERCURY TRADING had an average of 1.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does MERCURY TRADING fall under?
- In its 2024 annual accounts, MERCURY TRADING states joint committee 149.02 (Coachwork).
- What is the turnover of MERCURY TRADING?
- The turnover in financial year 2024 is ≈ €400,000. This figure is estimated from the gross margin of €13,809 and 34 comparable companies (NACE 467). It probably lies between €150,000 and €1.3m. It is a rough estimate.
- Is MERCURY TRADING profitable?
- In financial year 2024, MERCURY TRADING made a loss of €81,742.
- Where can I find the annual accounts of MERCURY TRADING?
- MERCURY TRADING filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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