Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MERGAN from Liedekerke, company number BE0436392112, closed financial year 2025 with a result of € -28,159 after tax. For that financial year MERGAN recorded a gross margin of € 181,409 and equity of € 365,970. Compared with financial year 2024, the result moved from € -27,210 to € -28,159. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 365,970
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,159
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 76,288
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 167,377.
People and assets in 2025
€ 190,802
▲ 73% 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.
€ 36,378
▲ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 31,759
▲ 27% vs 2024
€ 12,912 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 20,680
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,756
▲ 191% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,957 | € 167,112 | € 150,889 | € 181,409 | ▲ 20% |
| Profit after taxes | € -8,576 | € 32,165 | € -27,210 | € -28,159 | ▼ € 949 |
| Equity | € 389,174 | € 421,338 | € 394,128 | € 365,970 | ▼ 7% |
| Total debts | € 40,900 | € 88,937 | € 154,843 | € 82,499 | ▼ 47% |
| Cash | € 97,545 | € 97,945 | € 135,969 | € 76,288 | ▼ 44% |
| Land & buildings | € 30,000 | € 30,000 | € 30,000 | € 34,166 | ▲ 14% |
| Retained profit | € 190,582 | € 222,746 | € 195,536 | € 167,377 | ▼ 14% |
| Bank debt | € 6,258 | € 13,740 | € 25,079 | € 31,759 | ▲ 27% |
| Balance sheet total | € 430,073 | € 510,276 | € 548,972 | € 448,468 | ▼ 18% |
Key figures of MERGAN, 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 MERGAN?
What happened at MERGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,159. filed late Source: NBB ↗
- New establishment in Liedekerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,576 loss in 2022 to € 28,159 loss in 2025.
Paid € 51,708 in corporate taxes since 2022.
Best year ever: 2023, with € 32,165 profit.
Management
Behind MERGAN is Mario Mergan. Mario Mergan is also behind MAJINI INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ed. Schelfhoutstraat 232
1770 Liedekerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →WYSMANTEL
€ 24,210 gross margin · 2025
EUROBEHEER
€ -7,271 gross margin · 2025
FAMILY FIRST
€ 192,490 gross margin · 2025
NEWHOUSE ACQUISITIONS & CONSULTING
€ 52,364 gross margin · 2025
Bollie's Invest
€ -2,738 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.392.112
- VAT number
- BE 0436.392.112
- Registered office
- Ed. Schelfhoutstraat 232, 1770 Liedekerke
- Names & denominations
- MERGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1988
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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