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 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERLET from Oud-Turnhout, company number BE0429846689, closed financial year 2025 with a result of € 5,268 after tax. For that financial year MERLET recorded a gross margin of € 281,487 and equity of € 139,187. Compared with financial year 2024, the result moved from € 816 to € 5,268. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 139,187
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,268
▲ € 4,452 vs 2024
Profit after tax over the fiscal year.
€ 44,047
▲ 4% 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 € 77,187.
People and assets in 2025
€ 239,107
▲ 5% 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.
€ 524
▼ 96% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 84,036
▼ 31% vs 2024
€ 29,640 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 178,491
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,070
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 215,340 | € 254,328 | € 270,713 | € 281,487 | ▲ 4% |
| Profit after taxes | € 11,317 | € 4,404 | € 816 | € 5,268 | ▲ € 4,452 |
| Equity | € 128,699 | € 133,103 | € 133,919 | € 139,187 | ▲ 4% |
| Total debts | € 299,036 | € 339,532 | € 412,779 | € 400,989 | ▼ 3% |
| Cash | € 24,953 | € 24,482 | € 42,360 | € 44,047 | ▲ 4% |
| Land & buildings | € 18,205 | € 17,524 | € 13,980 | € 10,436 | ▼ 25% |
| Retained profit | € 66,699 | € 71,103 | € 71,919 | € 77,187 | ▲ 7% |
| Bank debt | € 69,128 | € 91,356 | € 122,160 | € 84,036 | ▼ 31% |
| Balance sheet total | € 427,735 | € 472,635 | € 546,698 | € 540,176 | ▼ 1% |
| Employees (FTE) | 4.3 | 4.9 | 4.9 | - |
Key figures of MERLET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MERLET?
What happened at MERLET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,268 (▲ € 4,452 vs 2024). Source: NBB ↗
- New establishment in Oud-Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,317 profit in 2022 to € 5,268 profit in 2025.
Paid € 1,117 in corporate taxes since 2022.
Best year ever: 2022, with € 11,317 profit.
On average € 55,200 of value added per employee in 2024.
Management
Behind MERLET are Pascale Delaplace and Ben Van Der Aa.
Directors
According to the 2025 annual accounts
Pascale Delaplace
Director
Ben Van Der Aa
Director
Establishments
Establishment units
Physical locations of this company
Neringstraat 6
2360 Oud-Turnhout
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
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Details
- Company number
- 0429.846.689
- VAT number
- BE 0429.846.689
- Registered office
- Neringstraat 6, 2360 Oud-Turnhout
- Names & denominations
- MERLET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1986
- Peppol
- Active · Active since 16 Jan 2026
- Contact
- merlet.be
- Activities · NACE
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