Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERRY HORSE FARM from Ukkel, company number BE0420919424, closed financial year 2025 with a result of € 2,138 after tax. For that financial year MERRY HORSE FARM recorded a gross margin of € 98,446 and equity of € 232,109. Compared with financial year 2024, the result moved from € 7,650 to € 2,138. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 28, 2025.
€ 232,109
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,138
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 106,635
▲ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 207,319.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 109,266
▲ € 98,453 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,028
▲ 120% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,698 | € 63,651 | € 67,599 | € 98,446 | ▲ 46% |
| Profit after taxes | € 7,234 | € -28,487 | € 7,650 | € 2,138 | ▼ 72% |
| Equity | € 250,099 | € 221,612 | € 229,971 | € 232,109 | ▲ 1% |
| Total debts | € 413,968 | € 437,287 | € 358,253 | € 466,208 | ▲ 30% |
| Cash | € 81,371 | € 124,216 | € 66,444 | € 106,635 | ▲ 60% |
| Land & buildings | € 498,690 | € 478,781 | € 463,310 | € 455,851 | ▼ 2% |
| Retained profit | € 225,310 | € 196,823 | € 205,181 | € 207,319 | ▲ 1% |
| Balance sheet total | € 732,587 | € 722,378 | € 645,953 | € 751,004 | ▲ 16% |
Key figures of MERRY HORSE FARM, 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 November 2026.
What happened to MERRY HORSE FARM?
What happened at MERRY HORSE FARM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,138 (▼ 72% vs 2024). Source: NBB ↗
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,234 profit in 2022 to € 2,138 profit in 2025.
Paid € 4 in corporate taxes since 2022.
Best year ever: 2024, with € 7,650 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
Behind MERRY HORSE FARM are CARTESIANA and TOLEFI SA. The shares are held by TOLEFI and Serge GOBLET.
Directors
According to the 2025 annual accounts
Director · represented by Jérôme GOBLET
Also active at: SOCIETE IMMOBILIERE LEVASSEUR, CARBOBOIS, SG IMMOFIN, TOLEFI, SG HOLDING, TOLEFI Wellington, HENDIGO, TOLEFI CHATELINEAU +5 more
Director · represented by Serge Goblet
Also active at: SOCIETE IMMOBILIERE LEVASSEUR, CARBOBOIS, SG IMMOFIN, SG HOLDING, TOLEFI Wellington, HENDIGO, TOLEFI CHATELINEAU, ESSEGE +5 more
Shareholders
Serge GOBLET
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waterloosesteenweg 1589 box D
1180 Ukkel
Brassinelaan 93
1640 Sint-Genesius-Rode
Active since 3 October 1980
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0420.919.424
- VAT number
- BE 0420.919.424
- Registered office
- Waterloosesteenweg 1589 bus D, 1180 Ukkel
- Names & denominations
- MERRY HORSE FARM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1980
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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