Philippe Merlo AGW
ActiveSummary
Philippe Merlo AGW has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,603 and a net result of €2,797. Equity has been growing by about 14% per year since 2022. Its solvency ranks better than 64% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Official details
Source: KBO- Status
- Active since 24-02-2022 Normal situation
- Activity
- Other building finishing work NACE 43350
- Establishment unit
- 2.328.210.727 3631 Maasmechelen, since 24-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 25-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €11,271
- ▼ 16.8%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €2,797
- ▼ 43.6%
- Equity
- €16,603
- ▼ 6.6%
- Total assets
- €28,209
- ▼ 12.0%
Score breakdownraises riskSize: total assets €28,209Founded in 2022lowers riskLiquidity: current ratio 2.37, cash €9,376Figures for financial year 2025 (filed on 23-06-2026)Show the evidence
Checked score
About 5 in 1,000 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 43, micro). It does better than 64% of them on solvency, 81% on liquidity, 62% on profitability and 27% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Registered office moved from Genk to MaasmechelenNew seat: Langeweidestraat 84, 3631 Maasmechelen · Previous seat: Nieuwe Kempen 40, 3600 Genk
- · Gazette deed IncorporationStarting capital €2,500 · Appointment: MERLO Philippe Salvator (director)
Comparable companies
These companies have the same main activity as Philippe Merlo AGW: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €20,800 and €37,900, founded between 2021 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| Philippe Merlo AGW Maasmechelen | €28,209 | €11,271 |
| A.P.S RENOVATION Fosses-la-Ville | €30,618 | €12,267 |
| PT Construct Wetteren | €32,505 | €11,387 |
| GID CONSTRUCTION Eupen | €34,594 | €12,870 |
| CARAF PROJECTS Beringen | €20,794 | €10,178 |
| SK KLUSJESDIENST Tongeren-Borgloon | €30,798 | €15,065 |
| K&S DESIGN Sint-Truiden | €37,923 | €14,481 |
Key facts about Philippe Merlo AGW
- What is the company number of Philippe Merlo AGW?
- The company number of Philippe Merlo AGW is 0782.595.109. The VAT number is the same number with BE in front: BE 0782.595.109.
- Where is Philippe Merlo AGW based?
- The registered office is at Langeweidestraat(B) 84, 3631 Maasmechelen.Company details
- What does Philippe Merlo AGW do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of Philippe Merlo AGW?
- The legal form of Philippe Merlo AGW is Private limited company (BV).
- When was Philippe Merlo AGW founded?
- Philippe Merlo AGW was founded on 24-02-2022.
- Is Philippe Merlo AGW still active?
- Yes, Philippe Merlo AGW is an active enterprise in the KBO register.
- What is the turnover of Philippe Merlo AGW?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €11,271 and 37 comparable companies (NACE 43350). It probably lies between €66,000 and €240,000. It is a rough estimate.Financials
- Is Philippe Merlo AGW profitable?
- In financial year 2025, Philippe Merlo AGW made a profit of €2,797.
- Where can I find the annual accounts of Philippe Merlo AGW?
- Philippe Merlo AGW filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Philippe Merlo AGW due?
- Philippe Merlo AGW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.