Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Sint-Donatusinstellingen Merchtem from Merchtem, company number BE0412054119, closed financial year 2025 with a result of € -86,282 after tax. For that financial year Sint-Donatusinstellingen Merchtem recorded revenue of € 325,739 and equity of € 8 million. Compared with financial year 2024, the result moved from € -1,109 to € -86,282. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,282
▼ 7678 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.5 million
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
7.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.9 million
▼ 4% vs 2024
€ 930,400 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.
€ 31,844
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ 37% vs 2024
€ 215,248 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 71,359
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 28,125
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 282,202 | € 296,774 | € 329,255 | € 325,739 | ▼ 1% |
| Profit after taxes | € 118,107 | € 75,966 | € -1,109 | € -86,282 | ▼ € 85,173 |
| Equity | € 7,411,729 | € 7,517,656 | € 8,082,474 | € 8,014,960 | ▼ 1% |
| Total debts | € 1,649,050 | € 1,773,218 | € 2,458,256 | € 3,210,172 | ▲ 31% |
| Cash | € 2,919,734 | € 2,747,970 | € 2,782,266 | € 2,485,344 | ▼ 11% |
| Land & buildings | € 3,657,715 | € 3,955,555 | € 5,308,599 | € 5,599,437 | ▲ 5% |
| Retained profit | € 5,353,189 | € 5,429,155 | € 5,428,045 | € 5,341,763 | ▼ 2% |
| Bank debt | € 1,475,285 | € 1,563,927 | € 1,967,760 | € 2,704,733 | ▲ 37% |
| Balance sheet total | € 9,060,779 | € 9,290,874 | € 10,540,729 | € 11,225,131 | ▲ 6% |
| Employees (FTE) | 5.9 | 6.3 | 7.2 | 7.4 | ▲ 0.2 |
Key figures of Sint-Donatusinstellingen Merchtem, 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 July 2027.
What happened to Sint-Donatusinstellingen Merchtem?
What happened at Sint-Donatusinstellingen Merchtem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 86,282. Source: NBB ↗
- René De Rijck became a director. NBB
- Walter Notredame became a director. NBB
- Jean-Paul Van Den Abeele became a director. NBB
- Myriam Van Praet became a director. NBB
- Robbie Borré became a director. NBB
- Jan Vanderstraeten became a director. NBB
- Dirk Cousserier became a director. NBB
In short
From € 118,107 profit in 2022 to € 86,282 loss in 2025.
Best year ever: 2022, with € 118,107 profit.
Pays suppliers within 26 days on average.
Management
Behind Sint-Donatusinstellingen Merchtem are René De Rijck, Walter Notredame, Jean-Paul Van Den Abeele, Myriam Van Praet, Robbie Borré and Jan Vanderstraeten. Walter Notredame is also behind Vooruitzicht en Voorzorg and VORMINGSINSTELLING VOOR ARBEIDERS.
Directors
According to the 2025 annual accounts
René De Rijck
Director
since 2023
Walter Notredame
Chairman of the board
Also active at: Vooruitzicht en Voorzorg, VORMINGSINSTELLING VOOR ARBEIDERS
since 2023
Jean-Paul Van Den Abeele
Secretaris
since 2023
Myriam Van Praet
Director
since 2023
Robbie Borré
Penningmeester
since 2023
Jan Vanderstraeten
Director
since 2023
Dirk Cousserier
Director
since 2023
Leentje Seghers
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Markt 18
1785 Merchtem
Marktstraat 1
1785 Merchtem
Active since 26 February 1972
Dendermondestraat 26
1785 Merchtem
Active since 26 February 1972
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.054.119
- VAT number
- BE 0412.054.119
- Registered office
- Markt 18, 1785 Merchtem
- Names & denominations
- Sint-Donatusinstellingen Merchtem · C.B.O.
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 26 February 1972
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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