Merlin.ai

Active

Private limited companyfounded 20251 yr activeDe Kleetlaan 5, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 1021.828.484

Merlin.ai has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €31k. Its solvency ranks better than 68% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Watch Print / PDF

Checked score

Score 2025

92 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency98

Growth-

Track record67

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity ample (current ratio 3.65; short-term debt: 26.5% and cash: 52.5% of total assets), and 26.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 63

Relative position

BE, all sectors

reference

Sector 63

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

73.5%

Return on assets

44.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

2 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€51k

Total assets

€69k

Net result

€31k

Working capital

€49k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €69k

96.8%

Fixed assets €2k

Current assets €67k

Equity and liabilities €69k

73.5%

26.5%

Equity €51k

Debt €18k

Debt finances 26.5% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€33k

Cash flow

€31k

Solvency

73.5%

Current ratio

3.65

Quick ratio

3.65

Debt / equity

0.36

ROE

60.7%

ROA

44.6%

Interest coverage

387.53

Debt

€18k

Debt ≤ 1 year

€18k

Income taxes

€2k

Staff costs

€8k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€69k

Fixed assets21/28€2k

Tangible fixed assets22/27€2k

Furniture and vehicles24€2k

Current assets29/58€67k

Amounts receivable within one year40/41€30k

Trade receivables40€30k

Other amounts receivable41€124

Cash at bank and in hand54/58€36k

Deferred charges and accrued income490/1€215

Equity and liabilities

Total equity and liabilities10/49€69k

Equity10/15€51k

Contributions10/11€20k

Reserves13€31k

Distributable reserves133€31k

Amounts payable17/49€18k

Amounts payable within one year42/48€18k

Trade debts44€11k

Suppliers440/4€11k

Taxes, remuneration and social security45€7k

Taxes450/3€6k

Remuneration and social security454/9€1k

Other amounts payable47/48€246

Income statement Code2025

Remuneration, social security and pensions62€8k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€313

Gross operating margin9900€42k

Operating profit (loss)9901€33k

Financial charges65/66B€86

Recurring financial charges65€86

Profit (loss) for the period before taxes9903€33k

Income taxes67/77€2k

Profit (loss) for the period9904€31k

Profit (loss) for the period to be appropriated9905€31k

Appropriation of the result

Profit (loss) to be appropriated9906€31k

Transfer to equity691/2€31k

To other reserves6921€31k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

2 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, Machelen (Brab.) · 1 establishment unit since 2025

establishment The establishment unit on the map

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.

De Kleetlaan 51831 Machelen (Brab.)

Ground area

1.2 ha

Building footprint

2,411 m²

Volume, LiDAR

101,134 m³

2 parcels, Brussels, Flanders · tallest building 99.6 m, ±23 floors. Linked by address, not a title deed.

1 establishment unit

Merlin.ai

Victoria Reginaplantsoen 1, 1210 Sint-Joost-ten-NodeOther software publishing

since 20252.372.367.996

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23015B0091/00Z003	Flanders	8,805 m²	1 · 1,328 m²	26.1 m · 7 fl.
21014A0134/00D002 ProtectedSite or landscapeKruidtuinpark	Brussels	3,260 m²	1 · 1,083 m²	99.5 m · 23 fl.