Mervielde

Active

Public limited companyfounded 1980active for 46 yearsMonumentstraat 13, 9940 Evergem, BelgiumKBO/BCE: BE 0421.064.033

Summary

Mervielde has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.8m and a net result of €2.5m. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 67% of 1,071 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

MervieldeActiveChecked score 91/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

Largest employer in Evergem, Transport and storage sector2 sites

Size

€39.6mturnover 2025

Staff: 165.5 FTE
Equity: €9.8m
Profit: €2.5m

Financial health

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: TRAMER · 100%
Board: 10 members

TRAMERManaging director · permanent representative Mervielde Patrick Cyriel Louis

Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 45 days early5 of 17 deeds summarised

Why 91raises riskLiquidity: current ratio 1.24, cash €1.2mSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1980Equity €9.8m (56.0% of total assets)Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 66% of its sector peers (NACE 49, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 81+1

equity 56.0% of total assets

Liquidity 38=

short-term debt 42.8% · cash 6.6%

Profitability 83-9

return on assets 14.1%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value

Credit of up to €850,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.24, compared with 1.17 in 2024, below the usual 1.5; short-term debt: 42.8% and cash: 6.6% of total assets), and 44% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, medium-sized): better than 83% on solvency, 52% on liquidity, 84% on profitability and 45% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 1980

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.24, cash €1.2m

NBB · annual accounts

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Equity €9.8m (56.0% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

45 days early

2024

20 days late

2023

29 days late

2022

25 days late

2021

45 days early

2020

37 days early

2019

36 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (5 of the last 5 filed years within 65 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

14-09-2026 Appointment: Ernst en Young Bedrijfsrevisoren (director)Permanent representatives: Marleen Defoer and…
16-06-2026 Annual accounts filedfinancial year 2025 · full…
20-08-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Positive: Largest employer in Evergem, Transport and storage sectorin the Checked rankings No. 1 View
Positive: 5 years of growth in a rowturnover 2025: €39.6m 5 years View
Controlled by TRAMERultimately: ALEMA 100% View
Caution: Result fell in 2025from €3.5m to €2.5m ▼ 28.9% View
Merger with TRANSPORT T.V.T. VERVOERmerger on 31-12-2023 2023 View
Active since 1980founded 30-09-1980 46 years View
Flemish supportawarded from 2022 to 2025 €184,736 View

By topic

Financials

Financial year: 2025
Turnover: €39.6m
Profit: €2.5m
Solvency: 56.0%

Turnover▲ 5.7%

Net result

20182025

Go to Financials

Board & ownership

Board: 10 members
Parent: TRAMER · 100%
Auditor: Ernst et Young Reviseurs…

Koen MervieldeDirector
Mervielde Carlos Julius MariaDirector
Roland MervieldeDirector
TRAMERManaging director
MERVEKODirector

and 5 other directors

Go to Board & ownership

Network & group

Group: ALEMA
Connected companies: 4
Mergers and asset contributions: 2

Go to Network & group

Timeline

Events: 53
Since: 1981
Next accounts: by 31-07-2027

31-12-2024Equity above €10m
29-08-2024Annual accounts filed
07-02-2024Capital & shares · Purpose · Amendment…

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Freight transport by roadNACE 49410
Founded: 30-09-1980
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 36

Annual meeting: Last Saturday of May at 15:00
Purpose: “De uitbating van een transportonderneming voor nationaal en internationaal vervoer; De…” (deed in Dutch)

Go to Articles of association

Key facts about Mervielde

What is the company number of Mervielde?: 0421.064.033. In Belgium the VAT number is the company number with BE in front: BE 0421.064.033.
Where is Mervielde based?: The registered office is at Monumentstraat 13, 9940 Evergem.Company details
What does Mervielde do?: According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Mervielde?: Public limited company (NV).
When was Mervielde founded?: On 30-09-1980.
Is Mervielde still active?: Yes, Mervielde is an active enterprise in the KBO register.
How many employees does Mervielde have?: On average 165.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mervielde?: €39.6m in financial year 2025, according to the filed annual accounts.
Is Mervielde profitable?: In financial year 2025, Mervielde made a profit of €2.5m.
Where can I find the annual accounts of Mervielde?: Mervielde filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mervielde due?: By 31-07-2027, for financial year 2026.Timeline