Financials
Financial year 2024
Internationale Transporten Walter Mertens en Co from Balen, company number BE0414383109, closed financial year 2024 with a result of € 90,356 after tax. For that financial year Internationale Transporten Walter Mertens en Co recorded revenue of € 450,292 and equity of € 2.7 million. Compared with financial year 2023, the result moved from € 1.4 million to € 90,356. The company is profitable. The buffer shrank hard: equity is 69 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2025.
€ 2.7 million
▼ 69% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,356
▼ 93% vs 2023
Profit after tax over the fiscal year.
€ 687,722
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.5 million.
People and assets in 2024
2
▼ 17.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 107,932
▼ 90% vs 2023
€ 54,000 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.
€ 516,115
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 150,695
▼ 96% vs 2023
€ 20,363 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 14.9 million
▲ € 11.7 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,546
▼ 92% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 25,210,275 | € 29,847,339 | € 29,287,870 | € 450,292 | ▼ 98% |
| Profit after taxes | € 1,046,072 | € 1,543,217 | € 1,351,727 | € 90,356 | ▼ 93% |
| Equity | € 5,638,591 | € 7,181,808 | € 8,533,534 | € 2,686,662 | ▼ 69% |
| Total debts | € 9,433,587 | € 9,456,886 | € 7,212,720 | € 15,084,398 | ▲ 109% |
| Cash | € 2,438,836 | € 2,679,614 | € 904,064 | € 687,722 | ▼ 24% |
| Land & buildings | € 4,631,790 | € 4,558,799 | € 4,361,182 | € 240,169 | ▼ 94% |
| Retained profit | € 5,576,591 | € 7,119,808 | € 8,471,534 | € 2,538,606 | ▼ 70% |
| Bank debt | € 4,371,633 | € 3,880,588 | € 3,481,672 | € 150,695 | ▼ 96% |
| Balance sheet total | € 15,072,178 | € 16,638,694 | € 15,746,255 | € 17,771,060 | ▲ 13% |
| Employees (FTE) | 18.8 | 17 | 19.4 | 2 | ▼ 17.4 |
Key figures of Internationale Transporten Walter Mertens en Co, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Internationale Transporten Walter Mertens en Co?
What happened at Internationale Transporten Walter Mertens en Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Walter Mertens stepped down as director. NBB
- Tom Wouters stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 90,356 (▼ 93% vs 2023). filed late Source: NBB ↗
- Walter Mertens became a director. NBB
- Tom Wouters became a director. NBB
- New establishment in Balen. KBO
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2021 to € 90,356 profit in 2024.
Paid € 1.4 million in corporate taxes since 2021.
Best year ever: 2022, with € 1.5 million profit.
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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
The stake of MERTENS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Internationale Transporten Walter Mertens en CoThe shares are held by MERTENS INVEST (30.6%). It owns 75% of Mannytech itself.
Directors
According to the 2024 annual accounts
Walter Mertens
Managing director
since 2023 · until 2029
Tom Wouters
Managing director
Also active at: MERTENS INVEST, HEHO, MANNYTECH, Hermanshoeve, JDB & PARTNERS, WM Logistics
since 2023 · until 2029
Shareholders
30.6%
Participations
75%
Establishments
Establishment units
Physical locations of this company
Molsesteenweg 8
2490 Balen
Acaciastraat 23
2440 Geel
Active since 1 June 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →BOUWMATERIALEN WOUTERS
€ 1.4 million revenue · 2025
Balense Grind en Betonmaatschappij
€ 3.3 million revenue · 2025
MERTENS INVEST same network
€ 1.5 million gross margin · 2024
BALIMCO
€ 0 revenue · 2025
MANNYTECH same network
€ 152,329 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.383.109
- VAT number
- BE 0414.383.109
- Registered office
- Molsesteenweg 8, 2490 Balen
- Names & denominations
- Internationale Transporten Walter Mertens en Co
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1974
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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