PRO MERT
Open bankruptcyA bankruptcy procedure is open for PRO MERT according to publications in the Belgian State Gazette; curator: LIEVE TEINTENIER. The 2024 annual accounts show equity of €175k and a net result of €103k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7446 sector peers (2024).
NBB · sector comparisonPosition among 7446 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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
54 d late
2023
5 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€985k▲ 442%
2023 · €182k
2023: €182k
2023 → 2024
EBIT margin
13.4%▼ 29.5pp
2023 · 42.9%
2023: 42.9%
2023 → 2024
Net result
€103k▲ 65.2%
2023 · €62k
2023: €62k
2023 → 2024
Working capital
€-107k
2023 · €67k
2023: €67k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€182k-€985k▲ 442%
Equity€72k-€175k▲ 142%
Operating result€78k-€132k▲ 69.6%
Net result€62k-€103k▲ 65.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 70% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.33M
Fixed assets
€341k▲ 7,088%
Current assets
€987k▲ 329%
Equity and liabilities €1.33M
Equity
€175k▲ 142%
Debt
€1.15M▲ 607%
The debt ratio rises from 69.3% to 86.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€146k▲
2023 · €78k
Cash flow
€117k▲
2023 · €63k
Solvency
13.2%▼
2023 · 30.7%
Current ratio
0.90▼
2023 · 1.41
Quick ratio
0.59▼
2023 · 0.89
Debt / equity
6.58▲
2023 · 2.25
ROE
58.7%▼
2023 · 86.2%
ROA
7.7%▼
2023 · 26.5%
Interest coverage
55.48
Debt
€1.15M▲
2023 · €163k
Debt ≤ 1 year
€1.09M▲
2023 · €163k
Debt > 1 year
€60k
Income taxes
€27k▲
2023 · €16k
Staff costs
€62k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€235k€1.33M▲
Formation expenses20€955€713▼
Fixed assets21/28€5k€341k▲
Tangible fixed assets22/27-€335k
Furniture and vehicles24-€90k
Assets under construction and advance payments27-€245k
Financial fixed assets28€5k€7k▲
Current assets29/58€230k€987k▲
Stocks and contracts in progress3€84k€341k▲
Stocks30/36€84k€341k▲
Amounts receivable within one year40/41€103k€607k▲
Trade receivables40€103k€605k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€42k€34k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€235k€1.33M▲
Equity10/15€72k€175k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€62k€165k▲
Amounts payable17/49€163k€1.15M▲
Amounts payable after more than one year17-€60k
Trade debts175-€60k
Amounts payable within one year42/48€163k€1.09M▲
Current portion of amounts payable after more than one year42-€14k
Trade debts44€135k€876k▲
Suppliers440/4€135k€876k▲
Taxes, remuneration and social security45€16k€53k▲
Taxes450/3€16k€44k▲
Remuneration and social security454/9-€9k
Other amounts payable47/48€12k€151k▲
Income statement
Code20232024
Turnover70€182k€985k▲
Goods, raw materials, services and sundry goods60/61€101k€766k▲
Remuneration, social security and pensions62-€62k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€252€14k▲
Other operating charges640/8€2k€11k▲
Gross operating margin9900€80k€219k▲
Operating profit (loss)9901€78k€132k▲
Financial charges65/66B-€3k
Recurring financial charges65-€3k
Profit (loss) for the period before taxes9903€78k€130k▲
Income taxes67/77€16k€27k▲
Profit (loss) for the period9904€62k€103k▲
Profit (loss) for the period to be appropriated9905€62k€103k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€165k▲
Profit (loss) brought forward from the previous period14P-€62k
Social balance
Average headcount (FTE)9087-1.8
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PRO MERT BV MARSVELD- PLEIN 5, 1050 ELSENE · event 07-07-2026
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 54 days late
2024
31-12
Financial
Equity above €150kEq €175k ▲142%
2 profitable years in a row build equity to €175k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marsveldplein 51050 ElseneGround area
3,724 m²
Building footprint
1,306 m²
Volume, LiDAR
98,133 m³
Parcel 21009A0769/00S002, Brussels · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
1 establishment unit
PRO MERT
since 20222.354.909.877
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
07-07-2026 → present |
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.