Financials
Financial year 2025
MERELEC – ELEKTRICITEITSWERKEN from Ninove, company number BE0421714626, closed financial year 2025 with a result of € -19,944 after tax. For that financial year MERELEC – ELEKTRICITEITSWERKEN recorded a gross margin of € -21,796 and equity of € 202,966. Compared with financial year 2024, the result moved from € 14,400 to € -19,944. 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 June 17, 2026.
€ 202,966
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,944
▼ still € 14,400 profit in 2024
Profit after tax over the fiscal year.
€ 17,741
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 158,266.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,850
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,934
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,338 | € 32,375 | € 19,263 | € -21,796 | ▼ € 41,059 |
| Profit after taxes | € -13,086 | € 24,737 | € 14,400 | € -19,944 | ▼ € 34,345 |
| Equity | € 197,471 | € 222,208 | € 236,608 | € 202,966 | ▼ 14% |
| Total debts | € 78,338 | € 56,395 | € 43,128 | € 42,825 | ▼ 1% |
| Cash | € 130,565 | € 14,684 | € 36,697 | € 17,741 | ▼ 52% |
| Retained profit | € 152,771 | € 177,508 | € 191,908 | € 158,266 | ▼ 18% |
| Dividend | € 0 | € 0 | € 0 | € 13,698 | |
| Balance sheet total | € 275,809 | € 278,603 | € 279,736 | € 245,791 | ▼ 12% |
Key figures of MERELEC – ELEKTRICITEITSWERKEN, 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 MERELEC – ELEKTRICITEITSWERKEN?
What happened at MERELEC – ELEKTRICITEITSWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,944 (▼ € 34,345 vs 2024). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,086 loss in 2022 to € 19,944 loss in 2025.
Paid € 16,462 in corporate taxes since 2022.
Best year ever: 2023, with € 24,737 profit.
Paid out € 13,698 in dividends to the owners in total.
Management
Behind MERELEC – ELEKTRICITEITSWERKEN is ALBERT DE MEERLEER KURT.
Directors
According to the 2025 annual accounts
ALBERT DE MEERLEER KURT
Director
Establishments
Establishment units
Physical locations of this company
Geraardsbergsesteenweg(Voo) 631
9400 Ninove
Geraardsbergsesteenweg(Ned) 631
9400 Ninove
Active since 9 January 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AS-ZXCS, NL
Website info
Features
Security
Network
Details
- Company number
- 0421.714.626
- VAT number
- BE 0421.714.626
- Registered office
- Geraardsbergsesteenweg(Voo) 631, 9400 Ninove
- Names & denominations
- MERELEC – ELEKTRICITEITSWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 1981
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- merelec.be
- Activities · NACE
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