Merlin Innovation
ActiveSummary
Merlin Innovation has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€32,299) and a net result of €7,788. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 20% of 378 sector peers (NACE 11, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Official details
Source: KBO- Status
- Active since 26-11-2020 Normal situation
- Activity
- Manufacture of beverages NACE 11010and 2 others
- Establishment unit
- 2.311.526.430 2050 Antwerp, since 26-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- €11,351
- Turnover
- ≈ €87,000
- estimated
- Profit
- €7,788
- Equity
- -€32,299
- ▲ 19.4%
- Total assets
- €63,493
- ▲ 280%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€32,2992 of the last 3 accounts latelowers riskSector: Manufacture of beverages (NACE 11)Size: total assets €63,493Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 11, micro). It does better than 13% of them on solvency, 23% on liquidity, 89% on profitability and 79% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
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Signals
The company filed its last 5 accounts on average 278 days after the deadline. In the sector (NACE 11), the median for financial year 2024 was 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Merlin Innovation: manufacture of beverages (NACE 11010). They are comparable in size and age: total assets between €30,100 and €88,700, founded between 2018 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| Merlin Innovation Antwerp | €63,493 | €11,351 |
| POTTERY CLUB Visé | €78,419 | €18,105 |
| CUSTOM DISTILLERY Erquelinnes | €47,968 | €4,708 |
| Mdrinks Puurs-Sint-Amands | €30,119 | €22,100 |
| BRUSSELS DISTILLERY Brussels | €74,021 | €24,319 |
| B.art Sint-Niklaas | €88,680 | €45,141 |
| Vieux Nouveau Antwerp Antwerp | €72,986 | €1,414 |
Key facts about Merlin Innovation
- What is the company number of Merlin Innovation?
- The company number of Merlin Innovation is 0758.782.203. The VAT number is the same number with BE in front: BE 0758.782.203.
- Where is Merlin Innovation based?
- The registered office is at Frédéric Bruynseelslaan 8, 2050 Antwerp.Company details
- What does Merlin Innovation do?
- According to the KBO register, the main activity is manufacture of beverages (NACE 11010).
- What is the legal form of Merlin Innovation?
- Merlin Innovation is a private limited company (BV).
- When was Merlin Innovation founded?
- Merlin Innovation was founded on 26-11-2020.
- Is Merlin Innovation still active?
- Yes, Merlin Innovation is an active enterprise in the KBO register.
- What is the turnover of Merlin Innovation?
- The turnover in financial year 2025 is ≈ €87,000. This figure is estimated from the gross margin of €11,351 and 6,313 comparable companies of the same size. It probably lies between €40,000 and €210,000. It is a rough estimate.Financials
- Is Merlin Innovation profitable?
- In financial year 2025, Merlin Innovation made a profit of €7,788.
- Where can I find the annual accounts of Merlin Innovation?
- Merlin Innovation filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Merlin Innovation due?
- Merlin Innovation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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