Merlink
ActiveSummary
Merlink has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €729. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+3
Solvency85▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 8.94 in 2024; short-term debt: 21.4% and cash: 41% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
60.4%
Return on assets
0.5%
Age of the figures
15 mo
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 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
25 d early
2023
36 d early
2022
29 d early
2021
4 d early
2020
5 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 0.9%
2024 · €81k
Total assets
€135k▲ 54.4%
2024 · €88k
Net result
€729
2024 · €-2k
Working capital
€41k▼ 22.2%
2024 · €53k
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€37k▲ 86.1%€-14k€29k€-2k€3k
Net result€28k▲ 70.3%€-14k€22k€-2k€729
Equity€75k▲ 60.2%€61k▼ 18.6%€83k▲ 36.0%€81k▼ 2.7%€82k▲ 0.9%
Total assets€119k▲ 22.1%€78k▼ 35.0%€112k▲ 44.6%€88k▼ 22.0%€135k▲ 54.4%
Debt€44k▼ 13.0%€16k▼ 62.8%€29k▲ 77.0%€7k▼ 77.0%€54k▲ 700%
Working capital€40k▲ 1.7%€31k▼ 23.3%€54k▲ 74.9%€53k▼ 2.0%€41k▼ 22.2%
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: €3k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€65k ▲ 134%
Current assets
€70k ▲ 17.5%
Equity and liabilities €135k
Equity
€82k ▲ 0.9%
Debt
€54k ▲ 700%
Debt's share of the balance-sheet total rises from 7.6% to 39.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €4k
Cash flow
€14k▲
2024 · €3k
Current ratio
2.43▼
2024 · 8.94
Debt to equity
0.66▲
2024 · 0.08
ROE
0.9%▲
2024 · -2.8%
ROA
0.5%▲
2024 · -2.6%
Interest coverage
10.78▼
2024 · 32.24
Debt ≤ 1 year
€29k▲
2024 · €7k
Debt > 1 year
€25k
Income taxes
€649▲
2024 · €386
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €5k | €5k | €5k | €13k | ▲ 139% |
| Other operating charges640/8 | - | €1k | €2k | €1k | €1k | ▼ 1.5% |
| Gross operating margin9900 | €53k | €-8k | €35k | €5k | €17k | ▲ 246% |
| Operating profit (loss)9901 | €37k | €-14k | €29k | €-2k | €3k | ▲ 262% |
| Financial charges65/66B | - | €228 | €107 | €112 | €1k | ▲ 1,196% |
| Recurring financial charges65 | €572 | €228 | €107 | €112 | €1k | ▲ 1,196% |
| Profit (loss) for the period before taxes9903 | €36k | €-15k | €29k | €-2k | €1k | ▲ 174% |
| Income taxes67/77 | €8k | €-531 | €7k | €386 | €649 | ▲ 68.1% |
| Profit (loss) for the period9904 | €28k | €-14k | €22k | €-2k | €729 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €28k | €-14k | €22k | €-2k | €729 | ▲ 132% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119k | €78k | €112k | €88k | €135k | ▲ 54.4% |
| Fixed assets21/28 | €35k | €30k | €29k | €28k | €65k | ▲ 134% |
| Tangible fixed assets22/27 | €35k | €30k | €29k | €28k | €65k | ▲ 134% |
| Plant, machinery and equipment23 | - | - | €2k | €1k | €381 | ▼ 63.9% |
| Furniture and vehicles24 | - | €2k | €3k | €5k | €39k | ▲ 619% |
| Other tangible fixed assets26 | - | €28k | €25k | €21k | €26k | ▲ 21.8% |
| Current assets29/58 | €85k | €48k | €83k | €60k | €70k | ▲ 17.5% |
| Amounts receivable within one year40/41 | €39k | €33k | €23k | €10k | €15k | ▲ 52.0% |
| Trade receivables40 | - | €33k | €22k | €10k | €15k | ▲ 52.0% |
| Other amounts receivable41 | - | - | €1k | - | - | - |
| Current investments50/53 | €996 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €44k | €14k | €60k | €50k | €55k | ▲ 10.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119k | €78k | €112k | €88k | €135k | ▲ 54.4% |
| Equity10/15 | €75k | €61k | €83k | €81k | €82k | ▲ 0.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €18k | €18k | €38k | €38k | €38k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €17k | €37k | €38k | €38k | = |
| Profit (loss) carried forward14 | €38k | €24k | €26k | €24k | €25k | ▲ 3.0% |
| Amounts payable17/49 | €44k | €16k | €29k | €7k | €54k | ▲ 700% |
| Amounts payable after more than one year17 | - | - | - | - | €25k | - |
| Financial debts170/4 | - | - | - | - | €25k | - |
| Amounts payable within one year42/48 | €44k | €16k | €29k | €7k | €29k | ▲ 333% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7k | - |
| Trade debts44 | €25k | €9k | €23k | €5k | €15k | ▲ 166% |
| Suppliers440/4 | - | €9k | €23k | €5k | €15k | ▲ 166% |
| Taxes, remuneration and social security45 | - | €7k | €6k | €1k | €7k | ▲ 498% |
| Taxes450/3 | - | €7k | €6k | €1k | €7k | ▲ 498% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €-14k | €22k | €-2k | €729 | ▲ 132% |
| + Depreciation and write-downs630 | €14k | €5k | €5k | €5k | €13k | ▲ 139% |
| Operating cash flow (approximation) | €43k | €-9k | €27k | €3k | €14k | ▲ 335% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €-4k | €-50k | ▼ 1,090% |
| Change in cash | - | €-30k | €46k | €-10k | €5k | ▲ 152% |
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
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €729
Net result €729 after one loss-making year.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity triplescurrent ratio 8.94
Current ratio from 2.86 to 8.94; short-term debt falls from €29k to €7k.
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €28k ▲70.3%
Operating result €37k, net result €28k, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-12
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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Ranst · 1 establishment unit since 2011
Ground area
1,146 m²
Building footprint
137 m²
Volume, LiDAR
659 m³
Parcel 11010C0067/00M002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Merlink
since 20112.200.941.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11010C0067/00M002 | Flanders | 1,146 m² | 1 · 137 m² | 7.7 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.
Similar companies · same sector, comparable size
RIVAC
BE 0791.471.795
Rotselaar · Eq €81,721
DEVSYNC
BE 1021.914.202
Boom · Eq €81,700
ExelixIT
BE 0696.744.961
Etterbeek · Eq €81,743
Xanthos
BE 0688.600.822
Temse · Eq €81,689
Lamiroy Consultancy
BE 0767.852.493
Stabroek · Eq €81,670
Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 15,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2011
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.