Financials
Financial year 2025
MERHO from Brasschaat, company number BE0428194622, closed financial year 2025 with a result of € 5,756 after tax. For that financial year MERHO recorded a gross margin of € 76,681 and equity of € 335,411. Compared with financial year 2024, the result moved from € 55 to € 5,756. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 335,411
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,756
▲ € 5,700 vs 2024
Profit after tax over the fiscal year.
€ 221,950
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,920 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 14,126
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,168
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,929
▼ 3% vs 2024
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 | € 85,329 | € 182,835 | € 78,792 | € 76,681 | ▼ 3% |
| Profit after taxes | € 1,067 | € 71,359 | € 55 | € 5,756 | ▲ € 5,700 |
| Equity | € 398,253 | € 397,467 | € 370,575 | € 335,411 | ▼ 9% |
| Total debts | € 595,386 | € 633,390 | € 636,535 | € 661,854 | ▲ 4% |
| Cash | € 318,524 | € 251,568 | € 193,506 | € 221,950 | ▲ 15% |
| Land & buildings | € 538,246 | € 514,574 | € 490,902 | € 467,547 | ▼ 5% |
| Retained profit | € 336,253 | € 335,467 | € 308,575 | € 273,411 | ▼ 11% |
| Dividend | € 93,868 | € 72,145 | € 26,947 | € 40,920 | ▲ 52% |
| Balance sheet total | € 1,007,857 | € 1,044,127 | € 1,019,433 | € 1,008,639 | ▼ 1% |
Key figures of MERHO, 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 MERHO?
What happened at MERHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ria Smits stepped down as director. NBB
- Ine Merhottein stepped down as director. NBB
- Robert Merhottein stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,756 (▲ € 5,700 vs 2024). Source: NBB ↗
- Ria Smits became a director. NBB
- Ine Merhottein became a director. NBB
- Robert Merhottein became a director. NBB
- New establishment in Brasschaat. KBO
In short
From € 1,067 profit in 2022 to € 5,756 profit in 2025.
Paid € 50,898 in corporate taxes since 2022.
Best year ever: 2023, with € 71,359 profit.
Paid out € 233,880 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Ria Smits
Director
since 2023 · until 2030
Ine Merhottein
Director
since 2023 · until 2030
Robert Merhottein
Managing director
since 2023 · until 2030
Establishments
Establishment units
Physical locations of this company
Augustijnslei 52B box 0.2
2930 Brasschaat
Augustijnslei 52B0.02
2930 Brasschaat
Active since 1 January 1986
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
- 0428.194.622
- VAT number
- BE 0428.194.622
- Registered office
- Augustijnslei 52B bus 0.2, 2930 Brasschaat
- Names & denominations
- MERHO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1985
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
Grafisch ontwerp en visuele communicatie
Creatie van beeldende kunsten
Literaire creatie