MERCUTIO
ActiveMERCUTIO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €70k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 63% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
96
/ 100
Excellent▲ +55 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+95
Solvency78▲+30
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.56 in 2024), and 52.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
47.4%
Return on assets
9%
Age of the figures
14 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €366k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
8 d early
2022
39 d early
2021
46 d early
2020
46 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€366k▲ 23.5%
2024 · €297k
2019: €396k
2020: €399k
2021: €385k
2022: €359k
2023: €311k
2024: €297k
2019 → 2025
Total assets
€772k▼ 8.9%
2024 · €847k
2019: €1.05M
2020: €1.04M
2021: €958k
2022: €939k
2023: €862k
2024: €847k
2019 → 2025
Net result
€70k
2024 · €-15k
2019: €-12k
2020: €3k
2021: €-14k
2022: €-26k
2023: €-48k
2024: €-15k
2019 → 2025
Working capital
€14k
2024 · €-76k
2019: €78k
2020: €82k
2021: €13k
2022: €-37k
2023: €-87k
2024: €-76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€385k-€359k▼ 6.9%€311k▼ 13.3%€297k▼ 4.7%€366k▲ 23.5%
Operating result€-11k-€-24k▼ 115%€-44k▼ 86.5%€-9k▲ 80.0%€93k
Net result€-14k-€-26k▼ 92.3%€-48k▼ 80.4%€-15k▲ 69.6%€70k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €93k after a loss of €9k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €772k
Fixed assets
€698k▼ 7.1%
Current assets
€74k▼ 23.0%
Equity and liabilities €772k
Equity
€366k▲ 23.5%
Provisions
€101k▼ 4.0%
Debt
€305k▼ 31.5%
The debt ratio falls from 52.6% to 39.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€165k▲
2024 · €61k
Cash flow
€141k▲
2024 · €55k
Solvency
47.4%▲
2024 · 35.0%
Current ratio
1.23▲
2024 · 0.56
Quick ratio
1.23▲
2024 · 0.56
Debt / equity
0.83▼
2024 · 1.50
ROE
19.0%▲
2024 · -4.9%
ROA
9.0%▲
2024 · -1.7%
Interest coverage
18.40▲
2024 · 6.23
Debt
€305k▼
2024 · €446k
Debt ≤ 1 year
€60k▼
2024 · €171k
Debt > 1 year
€237k▼
2024 · €267k
Income taxes
€19k▲
2024 · €109
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€847k€772k▼
Fixed assets21/28€752k€698k▼
Tangible fixed assets22/27€752k€698k▼
Land and buildings22€523k€501k▼
Plant, machinery and equipment23€227k€193k▼
Furniture and vehicles24€1k€3k▲
Leasing and similar rights25-€1k
Current assets29/58€96k€74k▼
Amounts receivable after more than one year29€6k€1k▼
Trade receivables290€6k€1k▼
Amounts receivable within one year40/41€14k€53k▲
Trade receivables40€14k€15k▲
Other amounts receivable41-€38k
Current investments50/53€26€26=
Cash at bank and in hand54/58€73k€19k▼
Deferred charges and accrued income490/1€2k€664▼
Equity and liabilities
Total equity and liabilities10/49€847k€772k▼
Equity10/15€297k€366k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€270k€304k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€203k€195k▼
Distributable reserves133€60k€103k▲
Profit (loss) carried forward14€-35k-
Provisions and deferred taxes16€105k€101k▼
Deferred taxes168€105k€101k▼
Amounts payable17/49€446k€305k▼
Amounts payable after more than one year17€267k€237k▼
Financial debts170/4€62k€32k▼
Other amounts payable178/9€205k€205k=
Amounts payable within one year42/48€171k€60k▼
Current portion of amounts payable after more than one year42€29k€29k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€10k€26k▲
Taxes450/3€10k€26k▲
Other amounts payable47/48€125k-
Accrued charges and deferred income492/3€8k€8k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€71k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-5k-
Other operating charges640/8€10k€5k▼
Non-recurring operating charges66A-€230
Gross operating margin9900€65k€169k▲
Operating profit (loss)9901€-9k€93k▲
Financial income75/76B-€13
Recurring financial income75-€13
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€-19k€84k▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€109€19k▲
Profit (loss) for the period9904€-15k€70k▲
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€-6k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€43k▲
Profit (loss) brought forward from the previous period14P€-29k€-35k▼
Transfer to equity691/2-€43k
To other reserves6921-€43k
The notes to these accounts (5 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €70k
Net result €70k after 4 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.56 to 1.23; short-term debt falls from €171k to €60k.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Schaarbeek · 1 establishment unit since 1990
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.
Vifquinstraat 451030 SchaarbeekGround area
113 m²
Building footprint
65 m²
Volume, LiDAR
857 m³
Parcel 21906D0324/00E011, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vifquinstraat 45, 1030 Schaarbeek
since 19902.049.974.343
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0324/00E011 | Brussels | 113 m² | 1 · 65 m² | 16.7 m · 5 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.
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GENVEST
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ANDIMMO
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,817 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-08-1990
Fiscal year end30-06
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.