MERE
ActiveSummary
MERE has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €228,697. Equity remains stable across the filed fiscal years (±1.4% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+68
Solvency100▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 15.37 against 10.58 in 2024; short-term debt: 4.9% and cash: 12.2% of total assets), and 23.5% of the assets are financed with debt.
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Signals
Five 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
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
76.5%
Return on assets
8.8%
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
31 d early
2023
168 d early
2022
35 d early
2021
4 d late
2020
30 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.0m▲ 13.0%
2024 · €1.8m
Total assets
€2.6m▼ 2.5%
2024 · €2.7m
Net result
€228,697
2024 · -€136,031
Working capital
€1.8m▼ 14.1%
2024 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€291,728▲ 58.3%-€11,870€514,062-€68,817€198,742
Net result€259,503▲ 45.3%-€29,381€372,202-€136,031€228,697
Equity€1.9m▲ 3.2%€1.9m▼ 1.5%€2.0m▲ 4.5%€1.8m▼ 11.7%€2.0m▲ 13.0%
Total assets€5.0m▼ 1.3%€4.5m▼ 10.9%€3.4m▼ 23.4%€2.7m▼ 22.1%€2.6m▼ 2.5%
Debt€3.1m▼ 3.9%€2.6m▼ 16.7%€1.4m▼ 44.2%€908,525▼ 36.5%€611,748▼ 32.7%
Working capital€301,785▲ 32.8%€359,892▲ 19.3%€2.4m▲ 578%€2.1m▼ 13.4%€1.8m▼ 14.1%
Staff (FTE)32.2▲ 2.9%32.9▲ 2.2%22.6▼ 31.3%0.3▼ 98.7%0▼ 100%
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: €198,742 after a loss of €68,817 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€661,549 ▲ 95.5%
Current assets
€1.9m ▼ 16.8%
Equity and liabilities €2.6m
Equity
€2.0m ▲ 13.0%
Debt
€611,748 ▼ 32.7%
Debt's share of the balance-sheet total falls from 34.0% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€239,370▲
2024 · -€48,964
Cash flow
€269,325▲
2024 · -€116,178
Current ratio
15.37▲
2024 · 10.58
Debt to equity
0.31▼
2024 · 0.52
ROE
11.5%▲
2024 · -7.7%
ROA
8.8%▲
2024 · -5.1%
Interest coverage
11.10▲
2024 · -0.36
Debt ≤ 1 year
€126,252▼
2024 · €220,437
Debt > 1 year
€485,399▼
2024 · €686,707
Income taxes
€8,835▲
2024 · €308
Staff costs
€0▼
2024 · €22,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €42,509 | €148,707 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €1.2m | €1.1m | €22,771 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €310,343 | €306,459 | €210,803 | €19,853 | €40,628 | ▲ 105% |
| Other operating charges640/8 | - | €30,145 | €27,170 | €12,911 | €42,622 | ▲ 230% |
| Non-recurring operating charges66A | - | - | - | €42,238 | €0 | ▼ 100% |
| Gross operating margin9900 | €1.8m | €1.6m | €1.8m | €28,956 | €281,992 | ▲ 874% |
| Operating profit (loss)9901 | €291,728 | -€11,870 | €514,062 | -€68,817 | €198,742 | ▲ 389% |
| Financial income75/76B | - | €11,591 | €22,176 | €70,103 | €60,350 | ▼ 13.9% |
| Recurring financial income75 | €8,937 | €11,591 | €22,176 | €70,103 | €60,350 | ▼ 13.9% |
| Financial charges65/66B | - | €28,239 | €45,676 | €137,009 | €21,560 | ▼ 84.3% |
| Recurring financial charges65 | €27,191 | €28,239 | €45,676 | €137,009 | €21,560 | ▼ 84.3% |
| Profit (loss) for the period before taxes9903 | €273,474 | -€28,518 | €490,562 | -€135,723 | €237,532 | ▲ 275% |
| Income taxes67/77 | €13,971 | €862 | €118,360 | €308 | €8,835 | ▲ 2,769% |
| Profit (loss) for the period9904 | €259,503 | -€29,381 | €372,202 | -€136,031 | €228,697 | ▲ 268% |
| Profit (loss) for the period to be appropriated9905 | €259,503 | -€29,381 | €372,202 | -€136,031 | €228,697 | ▲ 268% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.0m | €4.5m | €3.4m | €2.7m | €2.6m | ▼ 2.5% |
| Fixed assets21/28 | €3.0m | €2.8m | €356,068 | €338,364 | €661,549 | ▲ 95.5% |
| Tangible fixed assets22/27 | €3.0m | €2.8m | €356,068 | €338,364 | €661,549 | ▲ 95.5% |
| Land and buildings22 | - | €1.9m | €355,981 | €336,352 | €658,981 | ▲ 95.9% |
| Plant, machinery and equipment23 | - | €614,652 | €87 | €2,012 | €1,636 | ▼ 18.7% |
| Furniture and vehicles24 | - | €242,159 | €0 | - | €932 | - |
| Financial fixed assets28 | €3,980 | €3,980 | €0 | - | - | - |
| Current assets29/58 | €2.0m | €1.7m | €3.1m | €2.3m | €1.9m | ▼ 16.8% |
| Stocks and contracts in progress3 | €685,232 | €637,365 | €0 | - | - | - |
| Stocks30/36 | - | €637,365 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €76,648 | €105,139 | €262,255 | €24,661 | €25,248 | ▲ 2.4% |
| Trade receivables40 | - | €84,611 | €39,248 | €19,130 | €24,918 | ▲ 30.3% |
| Other amounts receivable41 | - | €20,528 | €223,007 | €5,531 | €330 | ▼ 94.0% |
| Current investments50/53 | €726,519 | €539,645 | €545,143 | €2.2m | €1.6m | ▼ 28.3% |
| Cash at bank and in hand54/58 | €463,521 | €387,264 | €2.2m | €82,545 | €317,114 | ▲ 284% |
| Deferred charges and accrued income490/1 | - | €18,467 | €16,649 | €2,159 | €5,208 | ▲ 141% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.0m | €4.5m | €3.4m | €2.7m | €2.6m | ▼ 2.5% |
| Equity10/15 | €1.9m | €1.9m | €2.0m | €1.8m | €2.0m | ▲ 13.0% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €1.9m | €1.8m | €1.9m | €1.7m | €1.9m | ▲ 13.5% |
| Non-distributable reserves130/1 | - | €18,595 | €18,595 | €18,595 | €18,595 | = |
| Legal reserve130 | - | €18,595 | €18,595 | €18,595 | €18,595 | = |
| Tax-exempt reserves132 | - | €57,552 | €57,552 | €57,552 | €57,552 | = |
| Distributable reserves133 | - | €1.8m | €1.9m | €1.6m | €1.9m | ▲ 14.1% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €3.1m | €2.6m | €1.4m | €908,525 | €611,748 | ▼ 32.7% |
| Amounts payable after more than one year17 | €1.4m | €1.2m | €799,473 | €686,707 | €485,399 | ▼ 29.3% |
| Financial debts170/4 | - | €1.2m | €799,473 | €686,707 | €485,399 | ▼ 29.3% |
| Amounts payable within one year42/48 | €1.7m | €1.3m | €632,202 | €220,437 | €126,252 | ▼ 42.7% |
| Current portion of amounts payable after more than one year42 | - | €169,554 | €111,148 | €112,767 | €115,656 | ▲ 2.6% |
| Trade debts44 | €1.1m | €946,502 | €203,617 | €4,261 | €7,710 | ▲ 80.9% |
| Suppliers440/4 | - | €946,502 | €203,617 | €4,261 | €7,710 | ▲ 80.9% |
| Taxes, remuneration and social security45 | - | €211,933 | €31,723 | €0 | - | - |
| Taxes450/3 | - | €16,725 | €14,538 | €0 | - | - |
| Remuneration and social security454/9 | - | €195,207 | €17,185 | €0 | - | - |
| Other amounts payable47/48 | - | - | €285,714 | €103,409 | €2,886 | ▼ 97.2% |
| Accrued charges and deferred income492/3 | - | - | - | €1,382 | €97 | ▼ 93.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €259,503 | -€29,381 | €372,202 | -€136,031 | €228,697 | ▲ 268% |
| + Depreciation and write-downs630 | €310,343 | €306,459 | €210,803 | €19,853 | €40,628 | ▲ 105% |
| Operating cash flow (approximation) | €569,846 | €277,079 | €583,005 | -€116,178 | €269,325 | ▲ 332% |
| Investment in fixed assets (approximation) | - | -€49,417 | €2.2m | -€2,149 | -€363,813 | ▼ 16,828% |
| Change in cash | - | -€76,257 | €1.9m | -€2.2m | €234,568 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €228,697
Net result €228,697 after one loss-making year.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Liquidity doublescurrent ratio 10.58
Current ratio from 4.86 to 10.58; short-term debt falls from €632,202 to €220,437.
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €372,202
Net result €372,202 after one loss-making year.
31-03
Financial
Liquidity quadruplescurrent ratio 4.86
Current ratio from 1.27 to 4.86; short-term debt falls from €1.3m to €632,202.
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €178,647
Net result €178,647 after one loss-making year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Riemst · 1 establishment unit since 1980
Ground area
1,095 m²
Building footprint
179 m²
Volume, LiDAR
1,000 m³
Parcel 73092D1040/00S000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MERE
since 19802.017.695.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73092D1040/00S000 | Flanders | 1,095 m² | 1 · 179 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2023 · 3 entries · 11,701 EUR awarded · 11,701 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,608 EUR | 2,608 EUR |
| 2022 | 2 | 9,093 EUR | 9,093 EUR |
Recognitions · licences · registrations
Dual-learning approval
9 endedMedewerker slagerij (vwo)
Medewerker slagerij duaal (so)
Slager (so)
Slager-spekslager (so)
Slager/bereider verkoopklare gerechten (so)
Slagerij duaal (so)
Show 3 more
Winkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
Identification & contact
Identification
Legal formPublic limited company
Founded12-06-1980
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420497869
Also
9925:BE0420497869
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.