Summary
Mermans Construct is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €200,780 and a net result of €6,133. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 50% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-10-2015 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.246.876.326 2470 Retie, since 13-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
- Geenen LeenDirector · since 13-10-2015
- Mermans JanDirector · since 13-10-2015
Financial position
- Profit
- €6,133
- ▼ 51.9%
- Equity
- €200,780
- ▲ 3.1%
- Total assets
- €393,605
- ▼ 8.1%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 10 filings
Every figure per financial year
The operating result for 2025 is 38% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €70,359 | €4,435 |
| Depreciation and write-downs of the year | €7,449 | €7,449 | €7,449 | €15,690 | €18,773 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €1,808 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,449 | €7,449 | €7,449 | €7,449 | €7,449 | €7,449 | €15,690 | €18,773 | ▲ 19.7% |
| Other operating charges640/8 | - | - | - | €2,051 | €2,091 | €2,292 | €2,716 | €2,514 | ▼ 7.4% |
| Gross operating margin9900 | €35,429 | €38,837 | €32,852 | €54,807 | €51,738 | €85,146 | €42,789 | €36,516 | ▼ 14.7% |
| Operating profit (loss)9901 | €26,164 | €29,542 | €23,365 | €45,308 | €42,199 | €73,598 | €24,383 | €15,229 | ▼ 37.5% |
| Financial income75/76B | - | - | - | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €3 | - | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €4,415 | €4,081 | €3,923 | €5,504 | €5,180 | ▼ 5.9% |
| Recurring financial charges65 | €5,142 | €4,880 | €4,654 | €4,415 | €4,081 | €3,923 | €5,504 | €5,180 | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €21,022 | €24,665 | €18,711 | €40,892 | €38,118 | €69,674 | €18,879 | €10,049 | ▼ 46.8% |
| Income taxes67/77 | €288 | €6,935 | €4,138 | €13,000 | €12,264 | €23,098 | €6,116 | €3,916 | ▼ 36.0% |
| Profit (loss) for the period9904 | €20,734 | €17,730 | €14,573 | €27,892 | €25,854 | €46,576 | €12,763 | €6,133 | ▼ 51.9% |
| Profit (loss) for the period to be appropriated9905 | €20,734 | €17,730 | €14,573 | €27,892 | €25,854 | €46,576 | €12,763 | €6,133 | ▼ 51.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €330,929 | €334,503 | €341,626 | €350,256 | €367,583 | €403,487 | €428,394 | €393,605 | ▼ 8.1% |
| Fixed assets21/28 | €310,474 | €303,026 | €295,577 | €288,128 | €280,680 | €273,231 | €327,900 | €313,562 | ▼ 4.4% |
| Tangible fixed assets22/27 | €310,474 | €303,026 | €295,577 | €288,128 | €280,680 | €273,231 | €327,900 | €313,562 | ▼ 4.4% |
| Land and buildings22 | - | - | - | €288,128 | €280,680 | €273,231 | €287,013 | €282,354 | ▼ 1.6% |
| Furniture and vehicles24 | - | - | - | - | - | - | €40,887 | €31,208 | ▼ 23.7% |
| Current assets29/58 | €20,455 | €31,478 | €46,049 | €62,128 | €86,903 | €130,256 | €100,494 | €80,043 | ▼ 20.4% |
| Amounts receivable within one year40/41 | €4,197 | €11,118 | €14,496 | €19,689 | €25,201 | €13,546 | €40,502 | €39,262 | ▼ 3.1% |
| Trade receivables40 | - | - | - | €13,423 | €23,377 | €11,744 | €9,733 | €9,190 | ▼ 5.6% |
| Other amounts receivable41 | - | - | - | €6,266 | €1,823 | €1,801 | €30,769 | €30,071 | ▼ 2.3% |
| Cash at bank and in hand54/58 | €16,258 | €20,359 | €31,553 | €42,439 | €61,703 | €116,711 | €59,650 | €40,302 | ▼ 32.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €342 | €480 | ▲ 40.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €330,929 | €334,503 | €341,626 | €350,256 | €367,583 | €403,487 | €428,394 | €393,605 | ▼ 8.1% |
| Equity10/15 | €52,875 | €70,606 | €81,679 | €109,571 | €135,425 | €182,001 | €194,764 | €200,780 | ▲ 3.1% |
| Contributions10/11 | €50,000 | €50,000 | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €2,875 | €20,606 | €31,679 | €59,571 | €85,425 | €132,001 | €144,764 | €150,780 | ▲ 4.2% |
| Non-distributable reserves130/1 | - | - | - | €2,875 | €2,875 | €2,875 | €2,875 | €2,875 | = |
| Reserves not available under the articles1311 | - | - | - | €2,875 | €2,875 | €2,875 | €2,875 | €2,875 | = |
| Distributable reserves133 | - | - | - | €56,696 | €82,550 | €129,126 | €141,889 | €147,905 | ▲ 4.2% |
| Amounts payable17/49 | €278,054 | €263,897 | €259,947 | €240,685 | €232,158 | €221,486 | €233,630 | €192,826 | ▼ 17.5% |
| Amounts payable after more than one year17 | €235,547 | €225,102 | €216,296 | €198,432 | €180,229 | €161,679 | €197,662 | €141,482 | ▼ 28.4% |
| Financial debts170/4 | - | - | - | €198,432 | €180,229 | €161,679 | €197,662 | €141,482 | ▼ 28.4% |
| Amounts payable within one year42/48 | €42,507 | €38,795 | €43,651 | €42,253 | €51,929 | €59,807 | €35,969 | €51,344 | ▲ 42.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,863 | €18,203 | €18,550 | €17,281 | €37,277 | ▲ 116% |
| Trade debts44 | €445 | €195 | €386 | €206 | €235 | €0 | €1,102 | €643 | ▼ 41.7% |
| Suppliers440/4 | - | - | - | €206 | €235 | €0 | €1,102 | €643 | ▼ 41.7% |
| Taxes, remuneration and social security45 | - | - | - | €2,584 | €5,422 | €22,514 | €33 | €212 | ▲ 542% |
| Taxes450/3 | - | - | - | €1,584 | €1,764 | €22,514 | €33 | €212 | ▲ 542% |
| Remuneration and social security454/9 | - | - | - | €1,000 | €3,658 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €21,600 | €28,068 | €18,744 | €17,552 | €13,211 | ▼ 24.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,734 | €17,730 | €14,573 | €27,892 | €25,854 | €46,576 | €12,763 | €6,133 | ▼ 51.9% |
| + Depreciation and write-downs630 | €7,449 | €7,449 | €7,449 | €7,449 | €7,449 | €7,449 | €15,690 | €18,773 | ▲ 19.7% |
| Operating cash flow (approximation) | €28,183 | €25,179 | €22,022 | €35,341 | €33,302 | €54,025 | €28,453 | €24,906 | ▼ 12.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€70,359 | -€4,435 | ▲ 93.7% |
| Change in cash | - | €4,101 | €11,194 | €10,886 | €19,263 | €55,008 | -€57,061 | -€19,348 | ▲ 66.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00294658 | |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00292219 | |
| 31-12-2023 | micro format | 16-07-2024 | 2024-00247334 | |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00231361 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20066439 | |
| 31-12-2020 | micro format | 12-07-2021 | 2021-33600187 | |
| 31-12-2019 | micro format | 20-07-2020 | 2020-32700584 | |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25400315 | |
| 31-12-2017 | micro format | 18-06-2018 | 2018-20000517 | |
| 31-12-2016 | abbreviated format | 16-06-2017 | 2017-18500466 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-01-2024 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Geenen Leen |
|
| Mermans Jan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, 1”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft kandidaat-overdrager en helft verzettende aandeelhouders, commissaris of als er geen is bedrijfsrevisor binnen twee weken aangewezen…”
Articles of association, deed of 19-01-2024 (in Dutch)
Network & group
Mermans Construct shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of Mermans Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-01
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Director in office · Power of attorney6 points ▸
- General meeting, 20-12-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director in office, Mermans Jan (director (not named in the articles))
- Director in office, Geenen Leen (director (not named in the articles))
- Amendment of the articles
- Power of attorney, I.B.A. Integraal bedrijfsadvies
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
46 activities
- Holding,beheer,aankoop,verkoop,trading,verhuring van roerende goederen
- Managementactiviteiten van holdings:het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit op controle over het maatschappelijk kapitaal en andere
- Patrimoniumvennootschap:beheer,aankoop,verkoop,verhuring van onroerende goederen
- Het beheren en administreren van eigen vermogensbestanddelen,waaronder onroerende en roerende goederen,het deelnemen in het kapitaal en het financieren van andere ondernemingen en het besturen,beheren en administreren van zodanige ondernemingen
- De verkoop,de aankoop,de invoer,de uitvoer,de vertegenwoordiging,de bemiddeling,de handel op commissie,trading,groothandel zowel als kleinhandel van alle producten waarvan de markt niet gereglementeerd is
- Het beheer in de ruimste zin van het woord,van onroerende goederen,daaronder begrepen de huur,verhuur,en de onderverhuur,de herstelling,de verbetering en de verbouwing,de verkaveling alsmede te gelegener tijd de aankoop,de oprichting en elke andere verwerving van onroerende goederen.De vennootschap mag onroerende goederen aankopen,vervreemden en verkavelen voor eigen rekening
- Algemene bouwwerkzaamheden beperkt tot de coördinatie van de werken uitgevoerd door onderaannemers
- Overige zakelijke dienstverlening
- Bouwpromotor en zelf bouwen van onroerende goederen
- Algemene bouw van residentiële gebouwen
- Detailhandel in overige bouwmaterialen in gespecialiseerde winkels
- Bouwen van individuele huizen
- Algemene coördinatiewerkzaamheden bouwwerf
- Groothandel in bouwmaterialen,algemeen assortiment
- Groothandel in overige bouwmaterialen
- Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen,algemeen assortiment
- Beheers vennootschappen van gemeenschappelijke beleggingsfondsen
- Handel in eigen onroerend goed:flatgebouwen en woningen niet voor bewoning bestemde gebouwen,grond
- Verkoop van eigen handelszaken en van zelf verworven sleutelgeld(overname)
- Verhuur van al dan niet gemeubelde appartementen en huizen
- Exploitatie van onroerend goed in de vorm van timesharing
- Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen,handelspanden,tentoonstellingsruimtes enzovoort
- Verhuur per jaar van garageboxen en staanplaatsen voor auto's
- Verhuur van handelszaken
- Verhuur van grond en terreinen,ook indien bebouwd,voor landbouwdoeleinden
- Verlenen in opdracht van de eigenaar(s)van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de bouwen(niet-residentieel gebouw)
- Toezien op de bouwwerkzaamheden(ruwbouw,installatie,afwerking,enzovoort)
- Tussenpersoon in de handel
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Kleinhandel in audio- en videoapparatuur voor huishoudelijk gebruik,zoals radio- en televisietoestellen,video weergavetoestellen,videocamera’s,hifimateriaal,enzovoort
- Kleinhandel in elektrische huishoudapparaten
- Kleinhandel in verlichtingsartikelen
- Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels
- Elektrotechnische installatiewerken aan gebouwen
- Installatie van verwarming,klimaatregeling en ventilatie
- Elektrische installaties in de meest ruime zin van het woord
- Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
- Herstelling en reparaties van machines en apparaten
- Groothandel in elektrisch materiaal,inclusief installatiemateriaal
- Ontwikkeling van residentiële bouwprojecten
- Ontwikkeling van niet-residentiële bouwprojecten
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren
- Leiden van belangrijke herstellingswerkzaamheden aan gebouwen
- Uitwerking van projecten op het gebied van de burgerlijke en utiliteitsbouw,de weg- en waterbouw en het verkeer
- Opslag in koelpakhuizen en overige opslag
- Algemene bouwonderneming
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13036E0492/00L005 | Flanders | 1,038 m² | 1 · 148 m² | 11.6 m · 3 |