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 10 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 16.2 to 13.1.
Financials
Financial year 2025
H. MERTENS AG from Büllingen, company number BE0421233980, closed financial year 2025 with a result of € 4,264 after tax. For that financial year H. MERTENS AG recorded a gross margin of € 973,433 and equity of € 325,729. Compared with financial year 2024, the result moved from € 13,096 to € 4,264. 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 June 8, 2026.
€ 325,729
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,264
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 4,140
▼ 69% 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 € 159,579.
People and assets in 2025
13.1
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 699,529
▼ 7% vs 2024
€ 53,400 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.
€ 167,428
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 680,443
▼ 11% vs 2024
€ 161,626 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 77,633
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147,842
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,087,701 | € 1,155,076 | € 1,059,441 | € 973,433 | ▼ 8% |
| Profit after taxes | € 22,270 | € -11,514 | € 13,096 | € 4,264 | ▼ 67% |
| Equity | € 329,552 | € 313,820 | € 323,740 | € 325,729 | ▲ 1% |
| Total debts | € 1,499,655 | € 1,215,267 | € 1,114,146 | € 960,783 | ▼ 14% |
| Cash | € 57,195 | € 9,837 | € 13,564 | € 4,140 | ▼ 69% |
| Land & buildings | € 893,870 | € 796,857 | € 715,946 | € 646,356 | ▼ 10% |
| Retained profit | € 153,734 | € 142,219 | € 155,316 | € 159,579 | ▲ 3% |
| Dividend | € 19,920 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,044,675 | € 811,309 | € 767,788 | € 680,443 | ▼ 11% |
| Balance sheet total | € 1,829,208 | € 1,529,087 | € 1,437,886 | € 1,286,512 | ▼ 11% |
| Employees (FTE) | 15.7 | 16.2 | 15.1 | 13.1 | ▼ 2 |
Key figures of H. MERTENS AG, 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 H. MERTENS AG?
What happened at H. MERTENS AG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel Delhez stepped down as director. NBB
- Fréderic Taeter stepped down as director. NBB
- Alain Demonceau stepped down as director. NBB
- Didier Gustin stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,264 (▼ 67% vs 2024). Source: NBB ↗
- Fréderic Taeter became a director. NBB
- Michel Delhez became a director. NBB
- Alain Demonceau became a director. NBB
In short
From € 22,270 profit in 2022 to € 4,264 profit in 2025.
Paid € 24,885 in corporate taxes since 2022.
Best year ever: 2022, with € 22,270 profit.
On average € 74,300 of value added per employee in 2025.
A new publication or filing at H. MERTENS AG? We notify you, reason included.
Follow H. MERTENS AGDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 SOCIETES COOPERATIVES AGRICOLES REUNIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
H. MERTENS AGThe shares are held by SOCIETES COOPERATIVES AGRICOLES REUNIES (100%). It owns 10.1% of Cobelvian itself.
Directors
According to the 2025 annual accounts
since 2016 · until 2028
since 2024 · until 2027
since 2015 · until 2027
since 2012 · until 2027
Shareholders
Participations
10.1%
Establishments
Establishment units
Physical locations of this company
Brückberg 40
4760 Büllingen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.233.980
- VAT number
- BE 0421.233.980
- Registered office
- Brückberg 40, 4760 Büllingen
- Names & denominations
- H. MERTENS AG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Groothandel in granen, zaden en diervoeders
Groothandel in veevoeders
Vervaardiging van veevoeders
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Goederenvervoer over de weg
Vervaardiging van maalderijproducten
Detailhandel in groenten en fruit
Markt- en straathandel in voedingsmiddelen
+1