Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 4.3 to 3.4.
Financials
Financial year 2025
MERCELIS - LANDBOUWPRODUKTEN from Ravels, company number BE0404174650, closed financial year 2025 with a result of € 133,011 after tax. For that financial year MERCELIS - LANDBOUWPRODUKTEN recorded a gross margin of € 641,958 and equity of € 920,590. Compared with financial year 2024, the result moved from € -3,519 to € 133,011. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2025.
€ 920,590
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 133,011
▲ still € 3,519 loss in 2024
Profit after tax over the fiscal year.
€ 280,836
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 63,088 paid out
47 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 330,521
▼ 2% vs 2024
€ 97,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,593
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 420,362
▼ 10% vs 2024
€ 34,533 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 356,596
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,363
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 395,102 | € 414,642 | € 482,243 | € 641,958 | ▲ 33% |
| Profit after taxes | € -27,324 | € -33,008 | € -3,519 | € 133,011 | ▲ € 136,530 |
| Equity | € 887,195 | € 854,186 | € 850,667 | € 920,590 | ▲ 8% |
| Total debts | € 470,753 | € 987,171 | € 1,009,554 | € 892,646 | ▼ 12% |
| Cash | € 96,191 | € 128,211 | € 245,038 | € 280,836 | ▲ 15% |
| Land & buildings | € 274,877 | € 662,136 | € 637,465 | € 610,855 | ▼ 4% |
| Retained profit | € 825,195 | € 792,186 | € 788,667 | € 858,590 | ▲ 9% |
| Dividend | € 0 | € 0 | € 0 | € 63,088 | |
| Bank debt | € 134,737 | € 537,477 | € 467,713 | € 420,362 | ▼ 10% |
| Balance sheet total | € 1,412,778 | € 1,893,446 | € 1,909,569 | € 1,859,841 | ▼ 3% |
| Employees (FTE) | 4.9 | 4.3 | 4 | 3.4 | ▼ 0.6 |
Key figures of MERCELIS - LANDBOUWPRODUKTEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to MERCELIS - LANDBOUWPRODUKTEN?
What happened at MERCELIS - LANDBOUWPRODUKTEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 133,011. Source: NBB ↗
- Kirsten BAX became a director. NBB
- Geert MERCELIS became a director. NBB
- New establishment in Ravels. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,324 loss in 2022 to € 133,011 profit in 2025.
Paid € 16,908 in corporate taxes since 2022.
Best year ever: 2025, with € 133,011 profit.
On average € 188,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MERCELIS - LANDBOUWPRODUKTEN are Kirsten BAX and Geert MERCELIS. Geert MERCELIS is also behind GEERT MERCELIS.
Directors
According to the 2025 annual accounts
Kirsten BAX
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Koningsstraat 24
2381 Ravels
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0404.174.650
- VAT number
- BE 0404.174.650
- Registered office
- Koningsstraat 24, 2381 Ravels
- Names & denominations
- MERCELIS - LANDBOUWPRODUKTEN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 1966
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- mercelislandbouwprodukten.be
- Activities · NACE
Groothandel in granen, zaden en diervoeders
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Detailhandel in groenten en fruit