Merra
ActiveMerra has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €914k and a net result of €180k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+9
Solvency88▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 3.23 in 2024; short-term debt: 36.9% and cash: 17.1% of total assets), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.1%
Return on assets
12.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
on the day
2023
on the day
2022
31 d late
2021
31 d late
2020
92 d late
2019
122 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€3.85M
EBIT margin
8.1%
Net result
€180k▲ 19.4%
2024 · €151k
2018: €47k
2019: €27k
2020: €198k
2021: €184k
2022: €241k
2023: €108k
2024: €151k
2018 → 2025
Working capital
€792k▼ 3.3%
2024 · €819k
2018: €288k
2019: €285k
2020: €353k
2021: €457k
2022: €700k
2023: €858k
2024: €819k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€676k-€877k▲ 29.8%€978k▲ 11.5%€901k▼ 7.8%€914k▲ 1.4%
Operating result€300k-€375k▲ 25.0%€192k▼ 48.6%€254k▲ 31.9%€260k▲ 2.3%
Net result€184k-€241k▲ 31.2%€108k▼ 55.1%€151k▲ 39.3%€180k▲ 19.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€122k▲ 45.8%
Current assets
€1.33M▲ 11.8%
Equity and liabilities €1.45M
Equity
€914k▲ 1.4%
Debt
€534k▲ 45.0%
The debt ratio rises from 29.0% to 36.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€290k▼
2024 · €307k
Cash flow
€211k▲
2024 · €204k
Solvency
63.1%▼
2024 · 71.0%
Current ratio
2.48▼
2024 · 3.23
Quick ratio
1.56▼
2024 · 1.90
Debt / equity
0.58▲
2024 · 0.41
ROE
19.7%▲
2024 · 16.7%
ROA
12.4%▲
2024 · 11.9%
Interest coverage
6.10▲
2024 · 5.03
Debt
€534k▲
2024 · €368k
Debt ≤ 1 year
€534k▲
2024 · €366k
Income taxes
€17k▼
2024 · €52k
Staff costs
€620k▲
2024 · €589k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.27M€1.45M▲
Fixed assets21/28€84k€122k▲
Intangible fixed assets21-€4k
Tangible fixed assets22/27€84k€89k▲
Land and buildings22€540€41k▲
Plant, machinery and equipment23€55k€40k▼
Furniture and vehicles24€29k€8k▼
Financial fixed assets28-€30k
Current assets29/58€1.19M€1.33M▲
Stocks and contracts in progress3€489k€492k▲
Stocks30/36€489k€492k▲
Amounts receivable within one year40/41€214k€576k▲
Trade receivables40€212k€275k▲
Other amounts receivable41€2k€301k▲
Cash at bank and in hand54/58€471k€248k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.45M▲
Equity10/15€901k€914k▲
Contributions10/11€248k€248k=
Capital10€248k€248k=
Issued capital100€248k€248k=
Reserves13€653k€666k▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€628k€641k▲
Profit (loss) carried forward14€573€0▼
Amounts payable17/49€368k€534k▲
Amounts payable within one year42/48€366k€534k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€69k€189k▲
Suppliers440/4€69k€189k▲
Taxes, remuneration and social security45€55k€55k▲
Taxes450/3€12k€12k=
Remuneration and social security454/9€43k€44k▲
Other amounts payable47/48€243k€290k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€589k€620k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12k
Other operating charges640/8€12k€16k▲
Gross operating margin9900€908k€938k▲
Operating profit (loss)9901€254k€260k▲
Financial income75/76B€10k€2k▼
Recurring financial income75€10k€2k▼
Financial charges65/66B€61k€64k▲
Recurring financial charges65€61k€48k▼
Non-recurring financial charges66B-€17k
Profit (loss) for the period before taxes9903€202k€197k▼
Income taxes67/77€52k€17k▼
Profit (loss) for the period9904€151k€180k▲
Profit (loss) for the period to be appropriated9905€151k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€181k▲
Profit (loss) brought forward from the previous period14P€573€573=
Transfer from equity791/2€76k€27k▼
Transfer to equity691/2€0€41k▲
To other reserves6921€0€41k▲
Profit to be distributed694/7€227k€167k▼
Return on contributions (dividend)694€227k€27k▼
Directors or managers695-€140k
Social balance
Average headcount (FTE)90870.09.8▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
BenamingGeneral meeting · Name change · Statutes amendment3 facts ▸
State Gazette act
Benaming
General meeting · Name change · Statutes amendment3 facts ▸
- General meeting, 2026-07-31
- Name change, Merra
- Statutes amendment
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €241k ▲31.2%
Operating result €375k, net result €241k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 92 days late
2020
31-12
Financial
Equity above €500kEq €516k ▲20.1%
3 profitable years in a row build equity to €516k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €27k ▼42.7%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Temse · 1 establishment unit since 1995
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.
Laagstraat 389140 TemseGround area
4,151 m²
Building footprint
1,878 m²
Volume, LiDAR
11,819 m³
Parcel 46025B0191/00A000, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ROELENS
since 19952.005.406.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0191/00A000 | Flanders | 4,151 m² | 1 · 1,878 m² | 13.1 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300KXGKSRO2HOJG95
Similar companies · same sector, comparable size
WOONKULTUUR
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FORMA
BE 0430.728.104
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BELLEGARDE
BE 0422.968.104
Middelkerke · Eq €930k
Metalogalva Belux
BE 0403.138.136
Oudergem · Eq €939k
KEMPEN PROPERTIES
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Hoogstraten · Eq €947k
Of 679 companies in sector 46494 we hold annual accounts for 530. 382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Legal name NL
Roelens
Activities, NACEBEL
25620Manufacture of fabricated metal products, except machinery and equipment
46494Wholesale of non-electrical household articles
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.