MERLIX
InactiveMERLIX was declared bankrupt on 28-11-2022 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 15-07-2025, published in the Belgian State Gazette on 25-08-2025.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 24-08-2020, 24 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€-8k▼ 83.7%
2018 · €-4k
2018: €-4k
2019: €-8k▼ -83.7% vs 2018
2018 → 2019
Total assets
€44k▲ 62.2%
2018 · €27k
2018: €27k
2019: €44k▲ +62.2% vs 2018
2018 → 2019
Net result
€-4k▲ 86.1%
2018 · €-26k
2018: €-26k
2019: €-4k▲ +86.1% vs 2018
2018 → 2019
Working capital
€-45k▼ 309%
2018 · €-11k
2018: €-11k
2019: €-45k▼ -309% vs 2018
2018 → 2019
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-4k-€-8k▼ 83.7%
2018: €-4k
2019: €-8k▼ -83.7% vs 2018
Operating result€-24k-€-2k▲ 91.3%
2018: €-24k
2019: €-2k▲ +91.3% vs 2018
Net result€-26k-€-4k▲ 86.1%
2018: €-26k
2019: €-4k▲ +86.1% vs 2018
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2019 against €24k in 2018; the loss shrinks.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €43k
Fixed assets
€37k ▲ 68.9%
Current assets
€6k ▲ 47.4%
Key figures and ratios
EBITDA
€4k▲
2018 · €-20k
Cash flow
€2k▲
2018 · €-22k
Solvency
-18.0%▼
2018 · -15.9%
Current ratio
0.12▼
2018 · 0.28
Quick ratio
0.11▼
2018 · 0.25
ROA
-8.2%▲
2018 · -95.9%
Debt
€52k▲
2018 · €31k
Debt ≤ 1 year
€52k▲
2018 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet
Code20182019
Assets
Total assets20/58€27k€44k▲
Formation expenses20€923€692▼
Fixed assets21/28€22k€37k▲
Tangible fixed assets22/27€22k€37k▲
Current assets29/58€4k€6k▲
Stocks and contracts in progress3€500€500=
Amounts receivable within one year40/41€816€4k▲
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€27k€44k▲
Equity10/15€-4k€-8k▼
Contributions10/11€22k€22k=
Profit (loss) carried forward14€-26k€-29k▼
Amounts payable17/49€31k€52k▲
Amounts payable after more than one year17€16k-
Amounts payable within one year42/48€15k€52k▲
Trade debts44€8k€24k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Gross operating margin9900€-11k€37k▲
Operating profit (loss)9901€-24k€-2k▲
Recurring financial income75-€65
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-26k€-4k▲
Profit (loss) for the period9904€-26k€-4k▲
Profit (loss) for the period to be appropriated9905€-26k€-4k▲
Accounts by statement
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | ▲ 60.6% |
| Gross operating margin9900 | €-11k | €37k | ▲ 449% |
| Operating profit (loss)9901 | €-24k | €-2k | ▲ 91.3% |
| Recurring financial income75 | - | €65 | - |
| Recurring financial charges65 | €2k | €2k | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | €-26k | €-4k | ▲ 86.1% |
| Profit (loss) for the period9904 | €-26k | €-4k | ▲ 86.1% |
| Profit (loss) for the period to be appropriated9905 | €-26k | €-4k | ▲ 86.1% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €27k | €44k | ▲ 62.2% |
| Formation expenses20 | €923 | €692 | ▼ 25.0% |
| Fixed assets21/28 | €22k | €37k | ▲ 68.9% |
| Tangible fixed assets22/27 | €22k | €37k | ▲ 68.9% |
| Current assets29/58 | €4k | €6k | ▲ 47.4% |
| Stocks and contracts in progress3 | €500 | €500 | = |
| Amounts receivable within one year40/41 | €816 | €4k | ▲ 362% |
| Cash at bank and in hand54/58 | €3k | €2k | ▼ 29.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €27k | €44k | ▲ 62.2% |
| Equity10/15 | €-4k | €-8k | ▼ 83.7% |
| Contributions10/11 | €22k | €22k | = |
| Profit (loss) carried forward14 | €-26k | €-29k | ▼ 13.9% |
| Amounts payable17/49 | €31k | €52k | ▲ 65.2% |
| Amounts payable after more than one year17 | €16k | - | - |
| Amounts payable within one year42/48 | €15k | €52k | ▲ 235% |
| Trade debts44 | €8k | €24k | ▲ 180% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-26k | €-4k | ▲ 86.1% |
| + Depreciation and write-downs630 | €4k | €6k | ▲ 60.6% |
| Operating cash flow (approximation) | €-22k | €2k | ▲ 109% |
| Investment in fixed assets (approximation) | - | €-21k | - |
| Change in cash | - | €-887 | - |
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
2025
25-08
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 15-07-2025
2022
02-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 28-11-2022
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 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
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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCOIS ANCION RUE DES ECOLIERS 3,
4020 LIEGE 2 |
28-11-2022 → 15-07-2025 |
| Curator | CHARLOTTE MUSCH RUE DES
ECOLIERS 3, 4020 LIEGE 2 |
28-11-2022 → 15-07-2025 |