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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MERTENS from Heist-op-den-Berg, company number BE0426619955, closed financial year 2024 with a result of € -49,580 after tax. For that financial year MERTENS recorded a gross margin of € -14,206 and equity of € -632,512. Compared with financial year 2023, the result moved from € 62,182 to € -49,580. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2025.
€ -632,512
▼ € 49,580 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,580
▼ still € 62,182 profit in 2023
Profit after tax over the fiscal year.
€ 356
▼ 99% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -722,133.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2024
€ 690
▲ 209% vs 2023
Loans from banks and other lenders, long and short.
€ 152,235
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,436
▼ 27% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -578,189 | € 202,603 | € -14,206 | ▼ € 216,809 |
| Profit after taxes | € -735,062 | € 62,182 | € -49,580 | ▼ € 111,762 |
| Equity | € -645,114 | € -582,932 | € -632,512 | ▼ € 49,580 |
| Total debts | € 1,694,550 | € 645,107 | € 676,868 | ▲ 5% |
| Cash | € 1,529 | € 30,622 | € 356 | ▼ 99% |
| Retained profit | € -734,735 | € -672,553 | € -722,133 | ▼ € 49,580 |
| Bank debt | € 1,271,104 | € 223 | € 690 | ▲ 209% |
| Balance sheet total | € 1,049,436 | € 62,175 | € 44,356 | ▼ 29% |
| Employees (FTE) | 1 | 0 | 0 |
Key figures of MERTENS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 June 2026.
What happened to MERTENS?
What happened at MERTENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 49,580 (▼ € 111,762 vs 2023). filed late Source: NBB ↗
- V & V REAL ESTATE became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Heist-op-den-Berg. KBO
In short
From € 735,062 loss in 2022 to € 49,580 loss in 2024.
Paid € 19 in corporate taxes since 2022.
Best year ever: 2023, with € 62,182 profit.
Management
The stake of V&V Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERTENSBehind MERTENS is V & V REAL ESTATE. The shares are held by V&V Group (100%).
Directors
According to the 2024 annual accounts
Director · represented by VAN VELTHOVEN KRISTOF
Also active at: V&V Group, Moveme Invest
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hollestraat 22
2220 Heist-op-den-Berg
Hollestraat(HAL) 22
2220 Heist-op-den-Berg
Active since 1 January 1985
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0426.619.955
- VAT number
- BE 0426.619.955
- Registered office
- Hollestraat 22, 2220 Heist-op-den-Berg
- Names & denominations
- MERTENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 1985
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
Sanitaire werkzaamheden
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Overig loodgieterswerk