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MERX

Active
Private limited companyfounded 2025incorporated this yearHezewijk 61, 2250 Olen, BelgiumKBO/BCE: BE 1031.461.574
Summary

MERX is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show negative equity (-€534) and a net result of -€3,534. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare
MERXActiveChecked score 27/100
Risk analysis Report Compare

Checked score

Score 2025
27 / 100
Weak
Every signal that weighs is under Signals.
Axes
Profitability6
Solvency24
Growth-
Track record50
Credit verdict
No credit on open account
Liquidity short (current ratio 0.95; short-term debt: 101.5% and cash: 89.7% of total assets), and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 0 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-07-2026, 5 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
5 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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

History

On 11 December 2025, MERX was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€534
Total assets
€35,703
Net result
-€3,534
Working capital
-€1,700

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

Balance-sheet composition
Assets €35,703
Fixed assets €1,166
Current assets €34,537
Key figures and ratios
2025 value
EBITDA
-€3,451
Cash flow
-€3,501
Solvency
-1.5%
Current ratio
0.95
ROA
-9.9%
Interest coverage
-69.02
Debt
€36,237
Debt ≤ 1 year
€36,237
Equity ratios withheld: equity of -€534 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 26 lines
Balance sheet Code2025
Assets
Total assets20/58€35,703
Fixed assets21/28€1,166
Tangible fixed assets22/27€1,166
Plant, machinery and equipment23€1,166
Current assets29/58€34,537
Current investments50/53€2,500
Cash at bank and in hand54/58€32,037
Equity and liabilities
Total equity and liabilities10/49€35,703
Equity10/15-€534
Contributions10/11€3,000
Profit (loss) carried forward14-€3,534
Amounts payable17/49€36,237
Amounts payable within one year42/48€36,237
Trade debts44€3,173
Suppliers440/4€3,173
Other amounts payable47/48€33,064
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33
Other operating charges640/8€331
Gross operating margin9900-€3,120
Operating profit (loss)9901-€3,484
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903-€3,534
Profit (loss) for the period9904-€3,534
Profit (loss) for the period to be appropriated9905-€3,534
Appropriation of the result
Profit (loss) to be appropriated9906-€3,534

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33
Other operating charges640/8€331
Gross operating margin9900-€3,120
Operating profit (loss)9901-€3,484
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903-€3,534
Profit (loss) for the period9904-€3,534
Profit (loss) for the period to be appropriated9905-€3,534
Line2025
Assets
Total assets20/58€35,703
Fixed assets21/28€1,166
Tangible fixed assets22/27€1,166
Plant, machinery and equipment23€1,166
Current assets29/58€34,537
Current investments50/53€2,500
Cash at bank and in hand54/58€32,037
Equity and liabilities
Total equity and liabilities10/49€35,703
Equity10/15-€534
Contributions10/11€3,000
Profit (loss) carried forward14-€3,534
Amounts payable17/49€36,237
Amounts payable within one year42/48€36,237
Trade debts44€3,173
Suppliers440/4€3,173
Other amounts payable47/48€33,064
Line2025
Profit (loss) for the period9904-€3,534
+ Depreciation and write-downs630€33
Operating cash flow (approximation)-€3,501

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Olen · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,592 m²
Building footprint
217 m²
Volume, LiDAR
1,005 m³
Parcel 13029G0022/00Z000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MERX
Hezewijk 61, 2250 OlenOther financial services
since 20252.383.511.813
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029G0022/00Z000 Flanders 1,592 m² 1 · 217 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.

Recognitions · licences · registrations

Legal Entity Identifier

894500Z1T18SHQPUNR95
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded11-12-2025
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1031461574
Also 9925:BE1031461574
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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