Financials
Financial year 2025
MERLIN from Geraardsbergen, company number BE0439333784, closed financial year 2025 with a result of € 202,244 after tax. For that financial year MERLIN recorded a gross margin of € 1.6 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 165,697 to € 202,244. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 2.6 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 202,244
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 10% 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 € 2.4 million.
People and assets in 2025
22.6
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 5% vs 2024
€ 48,700 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.
€ 540,313
▲ 238% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 208,391
€ 92,250 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 231,290
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 218,644
▲ 103% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,302,211 | € 1,401,513 | € 1,387,070 | € 1,597,271 | ▲ 15% |
| Profit after taxes | € 142,755 | € 195,992 | € 165,697 | € 202,244 | ▲ 22% |
| Equity | € 2,078,282 | € 2,274,274 | € 2,439,972 | € 2,642,216 | ▲ 8% |
| Total debts | € 1,583,480 | € 1,252,177 | € 1,068,313 | € 1,085,383 | ▲ 2% |
| Cash | € 1,513,330 | € 1,766,763 | € 1,712,311 | € 1,542,749 | ▼ 10% |
| Land & buildings | € 103,648 | € 95,749 | € 87,850 | € 91,975 | ▲ 5% |
| Retained profit | € 1,878,282 | € 2,074,274 | € 2,239,972 | € 2,442,216 | ▲ 9% |
| Bank debt | € 390,649 | € 300,973 | € 207,775 | € 208,391 | |
| Balance sheet total | € 3,731,443 | € 3,594,421 | € 3,571,861 | € 3,787,637 | ▲ 6% |
| Employees (FTE) | 24 | 24 | 23.7 | 22.6 | ▼ 1.1 |
Key figures of MERLIN, 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 MERLIN?
What happened at MERLIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 202,244 (▲ 22% vs 2024). Source: NBB ↗
- Patrick Gryspeirt became a director. NBB
- Françoise Cock became a director. NBB
- Katelijne D'Herde became a director. NBB
- New establishment in Lessines. KBO
- New establishment in Lessines. KBO
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,755 profit in 2022 to € 202,244 profit in 2025.
Paid € 469,389 in corporate taxes since 2022.
Best year ever: 2025, with € 202,244 profit.
On average € 70,700 of value added per employee in 2025.
Management
Behind MERLIN are Patrick Gryspeirt, Françoise Cock and Katelijne D'Herde. Patrick Gryspeirt is also behind ANPA LESSINES. Françoise Cock is also behind GRYCO and ANPA LESSINES.
Directors
According to the 2025 annual accounts
since 2023
since 2023
Katelijne D'Herde
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kattestraat 62
9500 Geraardsbergen
Chaussée de Grammont(L) 60
7860 Lessines
Active since 4 April 1991
Zoning ouest(L) 5
7860 Lessines
Active since 1 June 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ANPA same network
€ 290,860 gross margin · 2025
Kunst- en Cultuurkring Geraardsbergen
ALDOMUS
€ 46,047 gross margin · 2025
WILDFEST PRODUCTIONS
Vereniging van mede-eigenaars Residentie QUATTRO te Geraardsbergen, Kattestraat 62
+1 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
- 0439.333.784
- VAT number
- BE 0439.333.784
- Registered office
- Kattestraat 62, 9500 Geraardsbergen
- Names & denominations
- MERLIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1989
- Peppol
- Active · Active since 20 May 2025
- Activities · NACE
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