Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMOBILIEN PAUL MERGAERT from Knokke-Heist, company number BE0421825383, closed financial year 2025 with a result of € -37,365 after tax. For that financial year IMMOBILIEN PAUL MERGAERT recorded a gross margin of € 2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € -105,021 to € -37,365. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.3 million
▲ € 1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,365
▲ 64 % less loss than in 2024
Profit after tax over the fiscal year.
€ 45,533
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
0.9
Average over the fiscal year, from the social balance sheet.
€ 41,096
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 400,000
Loans from banks and other lenders, long and short.
€ 9,065
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,917
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 577,560 | € -5,543 | € -22,563 | € 2,022,691 | ▲ € 2 million |
| Profit after taxes | € 397,742 | € -94,394 | € -105,021 | € -37,365 | ▲ € 67,656 |
| Equity | € 452,183 | € 357,789 | € 252,768 | € 1,260,323 | ▲ € 1 million |
| Total debts | € 1,257,362 | € 1,245,926 | € 1,274,266 | € 3,345,283 | ▲ 163% |
| Cash | € 49,612 | € 110,805 | € 64,138 | € 45,533 | ▼ 29% |
| Land & buildings | € 1,507,367 | € 1,482,124 | € 1,456,880 | € 5,070,040 | ▲ 248% |
| Retained profit | € 352,183 | € 257,789 | € 152,768 | € 1,160,323 | ▲ € 1 million |
| Bank debt | € 155,000 | € 115,424 | € 0 | € 400,000 | |
| Balance sheet total | € 1,709,545 | € 1,603,715 | € 1,527,034 | € 5,117,190 | ▲ 235% |
| Employees (FTE) | 0.9 | 0.9 | 0.9 | 0.9 |
Key figures of IMMOBILIEN PAUL MERGAERT, 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 IMMOBILIEN PAUL MERGAERT?
What happened at IMMOBILIEN PAUL MERGAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,365. filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Paul Mergaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 397,742 profit in 2022 to € 37,365 loss in 2025.
Paid € 84,305 in corporate taxes since 2022.
Best year ever: 2022, with € 397,742 profit.
Management
Behind IMMOBILIEN PAUL MERGAERT is Paul Mergaert. Paul Mergaert is also behind Veco.
Directors
According to the 2025 annual accounts
since 1981
Establishments
Establishment units
Physical locations of this company
Eglantierenlaan 2
8300 Knokke-Heist
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
Microsoft 365
Hosting
UBICUM, BE
DNS
AWS Route 53
Website info
Features
Security
Details
- Company number
- 0421.825.383
- VAT number
- BE 0421.825.383
- Registered office
- Eglantierenlaan 2, 8300 Knokke-Heist
- Names & denominations
- IMMOBILIEN PAUL MERGAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 1981
- Peppol
- Active · Active since 13 Nov 2025
- Contact
- immomergaert.be
- Activities · NACE
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