Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 108.7 to 93.3.
Financials
Financial year 2025
MERCURYFLOORING from Waregem, company number BE0431567153, closed financial year 2025 with a result of € 268,187 after tax. For that financial year MERCURYFLOORING recorded revenue of € 23.9 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € 418,048 to € 268,187. The company is profitable. The buffer shrank hard: equity is 50 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 4.7 million
▼ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 268,187
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 673,245
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 550,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
93.3
▼ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.7 million
▼ 1% vs 2024
€ 50,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,827
▲ 1% 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.
€ 2.3 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 742,234
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,959,354 | € 29,243,036 | € 26,289,359 | € 23,904,388 | ▼ 9% |
| Profit after taxes | € 67,520 | € 141,237 | € 418,048 | € 268,187 | ▼ 36% |
| Equity | € 14,305,701 | € 12,180,000 | € 9,588,057 | € 4,747,421 | ▼ 50% |
| Total debts | € 5,361,547 | € 4,725,708 | € 6,363,482 | € 3,726,773 | ▼ 41% |
| Cash | € 3,598,824 | € 2,263,852 | € 1,989,540 | € 673,245 | ▼ 66% |
| Land & buildings | € 2,127,004 | € 1,872,499 | € 1,572,847 | € 0 | ▼ 100% |
| Retained profit | € 14,177,503 | € 12,068,741 | € 9,486,788 | € 4,685,421 | ▼ 51% |
| Dividend | € 0 | € 2,250,000 | € 3,000,000 | € 550,000 | ▼ 82% |
| Bank debt | € 516,211 | € 219,011 | € 14,286 | € 0 | ▼ 100% |
| Balance sheet total | € 19,756,843 | € 16,949,778 | € 15,990,678 | € 8,493,008 | ▼ 47% |
| Employees (FTE) | 114.4 | 108.7 | 98.1 | 93.3 | ▼ 4.8 |
Key figures of MERCURYFLOORING, 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 MERCURYFLOORING?
What happened at MERCURYFLOORING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 268,187 (▼ 36% vs 2024). Source: NBB ↗
- ENIGMA MANAGEMENT ASSOCIATES BV became a director. NBB
- New establishment in Waregem. KBO
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,520 profit in 2022 to € 268,187 profit in 2025.
Paid € 200,770 in corporate taxes since 2022.
Best year ever: 2024, with € 418,048 profit.
Paid out € 5.8 million in dividends to the owners in total.
Management
The stake of DEMACON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERCURYFLOORINGBehind MERCURYFLOORING is ENIGMA MANAGEMENT ASSOCIATES BV. The shares are held by DEMACON (100%).
Directors
According to the 2025 annual accounts
ENIGMA MANAGEMENT ASSOCIATES BV
Director · represented by Boulaert Lorenzo
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenovenstraat 38
8790 Waregem
Barrage 20
8793 Waregem
Active since 1 February 2010
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Domain
Domain
mercuryflooring.com
Registered
2007-09-06
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-06
Website info
Features
Security
Details
- Company number
- 0431.567.153
- VAT number
- BE 0431.567.153
- Registered office
- Steenovenstraat 38, 8790 Waregem
- Names & denominations
- MERCURYFLOORING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mercuryflooring.com
- Activities · NACE
Vervaardiging van vloerkleden en tapijt
Textielveredeling
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
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