MERCY
ActiveMERCY has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €42k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 1729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+15
Solvency43▲+5
Growth60▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.6 in 2024; short-term debt: 75.2% and cash: 1.5% of total assets), and 81.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
18.2%
Return on assets
3.4%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1729 sector peers (2025).
NBB · sector comparisonPosition among 1729 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
26 d late
2023
21 d early
2022
58 d late
2021
121 d late
2020
88 d late
2019
106 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, abbreviated schema
Turnover
€1.56M▼ 2.9%
2023 · €1.60M
2023: €1.60M
2023 → 2024
EBIT margin
-1.2%▼ 9.2pp
2023 · 7.9%
2023: 7.9%
2023 → 2024
Net result
€42k
2024 · €-66k
2018: €-50k
2019: €92k
2020: €-31k
2021: €9k
2022: €72k
2023: €58k
2024: €-66k
2018 → 2025
Working capital
€-215k▲ 50.7%
2024 · €-436k
2018: €-627k
2019: €-495k
2020: €-572k
2021: €-600k
2022: €-483k
2023: €-444k
2024: €-436k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.60M€1.56M▼ 2.9%
Equity€118k-€190k▲ 61.3%€248k▲ 30.5%€182k▼ 26.6%€224k▲ 23.1%
Operating result€66k-€113k▲ 70.8%€127k▲ 13.0%€-19k€76k
Net result€9k-€72k▲ 720%€58k▼ 19.8%€-66k€42k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €76k after a loss of €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€520k▼ 30.8%
Current assets
€712k▲ 9.8%
Equity and liabilities €1.23M
Equity
€224k▲ 23.1%
Provisions
€14k▼ 19.1%
Debt
€994k▼ 17.2%
The debt ratio falls from 85.7% to 80.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€241k▲
2024 · €208k
Cash flow
€207k▲
2024 · €161k
Solvency
18.2%▲
2024 · 13.0%
Current ratio
0.77▲
2024 · 0.60
Quick ratio
0.77▲
2024 · 0.60
Debt / equity
4.43▼
2024 · 6.58
ROE
18.8%▲
2024 · -36.3%
ROA
3.4%▲
2024 · -4.7%
Interest coverage
7.15▲
2024 · 4.41
Debt
€994k▼
2024 · €1.20M
Debt ≤ 1 year
€927k▼
2024 · €1.08M
Debt > 1 year
€66k▼
2024 · €116k
Income taxes
€5k▲
2024 · €-352
Staff costs
€440k▲
2024 · €373k
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€1.40M€1.23M▼
Fixed assets21/28€752k€520k▼
Tangible fixed assets22/27€751k€520k▼
Land and buildings22€33k€45k▲
Plant, machinery and equipment23€77k€53k▼
Furniture and vehicles24€26k€15k▼
Leasing and similar rights25€597k€406k▼
Assets under construction and advance payments27€18k-
Financial fixed assets28€400-
Current assets29/58€649k€712k▲
Amounts receivable within one year40/41€589k€636k▲
Trade receivables40€439k€499k▲
Other amounts receivable41€150k€137k▼
Cash at bank and in hand54/58€2k€19k▲
Deferred charges and accrued income490/1€57k€57k=
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.23M▼
Equity10/15€182k€224k▲
Contributions10/11€30k€30k=
Reserves13€188k€194k▲
Tax-exempt reserves132€53k€43k▼
Distributable reserves133€135k€151k▲
Profit (loss) carried forward14€-36k-
Provisions and deferred taxes16€18k€14k▼
Provisions for liabilities and charges160/5€18k-
Taxes161€18k-
Deferred taxes168-€14k
Amounts payable17/49€1.20M€994k▼
Amounts payable after more than one year17€116k€66k▼
Financial debts170/4€116k€66k▼
Amounts payable within one year42/48€1.08M€927k▼
Current portion of amounts payable after more than one year42€105k€47k▼
Financial debts43€108k€100k▼
Credit institutions430/8€108k€100k▼
Trade debts44€698k€548k▼
Suppliers440/4€698k€548k▼
Taxes, remuneration and social security45€71k€126k▲
Taxes450/3€9k€61k▲
Remuneration and social security454/9€62k€64k▲
Other amounts payable47/48€103k€107k▲
Income statement
Code20242025
Turnover70€1.56M-
Non-recurring operating income76A€259k€95k▼
Remuneration, social security and pensions62€373k€440k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€227k€165k▼
Other operating charges640/8€42k€45k▲
Gross operating margin9900€623k€726k▲
Operating profit (loss)9901€-19k€76k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€836€1▼
Non-recurring financial income76B€320€2k▲
Financial charges65/66B€49k€35k▼
Recurring financial charges65€47k€34k▼
Non-recurring financial charges66B€1k€1k▼
Profit (loss) for the period before taxes9903€-67k€44k▲
Transfer from deferred taxes780-€18k
Transfer to deferred taxes680-€14k
Income taxes67/77€-352€5k▲
Profit (loss) for the period9904€-66k€42k▲
Transfer from tax-exempt reserves789-€53k
Transfer to tax-exempt reserves689-€43k
Profit (loss) for the period to be appropriated9905€-66k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€16k▲
Profit (loss) brought forward from the previous period14P€30k€-36k▼
Transfer to equity691/2-€16k
To other reserves6921-€16k
Social balance
Average headcount (FTE)90878.48.8▲
The notes to these accounts (14 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Equity above €200kEq €224k ▲23.1%
Equity rises from €182k to €224k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-66k ▼214%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €248k ▲30.5%
3 profitable years in a row build equity to €248k.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
31-12
Financial
Equity above €150kEq €190k ▲61.3%
2 profitable years in a row build equity to €190k.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 121 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
31-12
Financial
Equity above €100kEq €140k ▲189%
Equity rises from €49k to €140k.
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 178 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Laureins · 1 establishment unit since 2013
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.
Kruiskenstraat(STL) 209980 Sint-LaureinsGround area
1.7 ha
Building footprint
1,372 m²
Volume, LiDAR
4,364 m³
Parcel 43014B1043/00T000, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MERCY
since 20132.216.858.784
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43014B1043/00T000 | Flanders | 1.7 ha | 1 · 1,372 m² | 5.7 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 5,011 EUR awarded · 5,011 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 511 EUR | 511 EUR |
| 2023 | 1 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Laureins2.216.858.784
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DE WULF HUGO
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,143 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2013
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
49410Freight transport by road
42911Civil engineering
43120Site preparation
45112
46180Agents specialised in the wholesale of other particular products
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.