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 14.6 to 12.4.
Financials
Financial year 2025
Algemene Ondernemingen L. Mertens en C° from Balen, company number BE0415500488, closed financial year 2025 with a result of € 68,846 after tax. For that financial year Algemene Ondernemingen L. Mertens en C° recorded a gross margin of € 1.1 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 128,453 to € 68,846. The company is profitable. 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 December 19, 2025.
€ 4.1 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,846
▼ 46% vs 2024
Profit after tax over the fiscal year.
€ 695,402
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 465,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
12.4
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 917,936
▼ 7% vs 2024
€ 74,000 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.
€ 61,607
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 568,180
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,578
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,557,209 | € 1,410,812 | € 1,291,698 | € 1,095,338 | ▼ 15% |
| Profit after taxes | € 352,032 | € 191,551 | € 128,453 | € 68,846 | ▼ 46% |
| Equity | € 5,301,782 | € 4,865,333 | € 4,493,785 | € 4,097,631 | ▼ 9% |
| Total debts | € 866,853 | € 1,189,794 | € 763,696 | € 713,790 | ▼ 7% |
| Cash | € 1,292,736 | € 1,392,959 | € 542,847 | € 695,402 | ▲ 28% |
| Land & buildings | € 191,660 | € 180,585 | € 169,510 | € 158,435 | ▼ 7% |
| Retained profit | € 5,147,782 | € 4,711,333 | € 4,339,785 | € 3,943,631 | ▼ 9% |
| Dividend | € 150,000 | € 628,000 | € 500,000 | € 465,000 | ▼ 7% |
| Balance sheet total | € 6,168,635 | € 6,055,126 | € 5,257,481 | € 4,811,421 | ▼ 8% |
| Employees (FTE) | 13.1 | 14.6 | 13.4 | 12.4 | ▼ 1 |
Key figures of Algemene Ondernemingen L. Mertens en C°, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Algemene Ondernemingen L. Mertens en C°?
What happened at Algemene Ondernemingen L. Mertens en C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koen Mertens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 68,846 (▼ 46% vs 2024). Source: NBB ↗
- Koen Mertens became a director. NBB
- Koen. Mertens stepped down as director. NBB
- Josephina Thys stepped down as director. NBB
- Fernand Mertens stepped down as director. NBB
- Josephina Thys became a director. NBB
- Fernand Mertens became a director. NBB
In short
From € 352,032 profit in 2022 to € 68,846 profit in 2025.
Paid € 339,593 in corporate taxes since 2022.
Best year ever: 2022, with € 352,032 profit.
On average € 88,300 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
It owns 100% of Immo Mertens, 100% of Wils & C° and 99% of Vastgoed Mertens Balen itself.
Directors
According to the 2025 annual accounts
Josephina Thys
Director
since 2019 · until 2025
since 2025 · until 2031
since 2019 · until 2025
Koen. Mertens
Managing director
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Industrieweg 8
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0415.500.488
- VAT number
- BE 0415.500.488
- Registered office
- Industrieweg 8, 2490 Balen
- Names & denominations
- Algemene Ondernemingen L. Mertens en C°
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1975
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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