Financials
Financial year 2025
MERYTHERM from Esneux, company number BE0455892179, closed financial year 2025 with a result of € 3,930 after tax. For that financial year MERYTHERM recorded a gross margin of € 101,618 and equity of € 963,513. Compared with financial year 2024, the result moved from € 53,957 to € 3,930. The company is profitable. 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 July 17, 2026.
€ 963,513
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,930
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 11,778
▼ 67% 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 € 655,311.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 132
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 578,442
▼ 13% vs 2024
€ 86,067 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 43,437
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,608
▲ 26% 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 | € 91,193 | € 56,395 | € 87,182 | € 101,618 | ▲ 17% |
| Profit after taxes | € -2,859 | € -21,302 | € 53,957 | € 3,930 | ▼ 93% |
| Equity | € 960,408 | € 927,946 | € 970,743 | € 963,513 | ▼ 1% |
| Total debts | € 975,309 | € 773,700 | € 733,033 | € 660,749 | ▼ 10% |
| Cash | € 15,535 | € 2,009 | € 35,756 | € 11,778 | ▼ 67% |
| Land & buildings | € 19,315 | € 16,795 | € 35,236 | € 49,822 | ▲ 41% |
| Retained profit | € 618,727 | € 597,424 | € 651,382 | € 655,311 | ▲ 1% |
| Bank debt | € 784,898 | € 703,872 | € 662,452 | € 578,442 | ▼ 13% |
| Balance sheet total | € 2,137,283 | € 1,892,170 | € 1,898,236 | € 1,786,109 | ▼ 6% |
Key figures of MERYTHERM, 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 MERYTHERM?
What happened at MERYTHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- N2D2 stepped down as director. NBB
- La Compagnie du Poirier SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,930 (▼ 93% vs 2024). Source: NBB ↗
- N2D2 became a director. NBB
- La Compagnie du Poirier SA became a director. NBB
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,859 loss in 2022 to € 3,930 profit in 2025.
Paid € 111 in corporate taxes since 2022.
Best year ever: 2024, with € 53,957 profit.
Management
The stake of N2D2 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERYTHERMThe shares are held by N2D2 (100%). It owns 43.3% of EQUAPRO itself.
Directors
According to the 2025 annual accounts
Director · represented by Niels Duchesne
Also active at: MERYMMO, VAL NOTRE DAME HYDRO, HyDro B
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
43.3%
Establishments
Establishment units
Physical locations of this company
Allée des Artisans 26
4130 Esneux
Allée des Artisans sn
4130 Esneux
Active since 21 September 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0455.892.179
- VAT number
- BE 0455.892.179
- Registered office
- Allée des Artisans 26, 4130 Esneux
- Names & denominations
- MERYTHERM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1995
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
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