What does Merbraine I do?

Merbraine I is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 17 June 1996, 1 establishment.

What is the address of Merbraine I?

The registered office of Merbraine I is located at Alsembergsesteenweg 897, 1180 Ukkel.

Is Merbraine I still active?

Yes. According to the CBE (29 October 2026) Merbraine I is active, legal situation “Normale toestand”, started on 17 June 1996.

Is Merbraine I registered on Peppol?

Yes, Merbraine I is registered on the Peppol network with ID 0208:0458259870.

What is the enterprise number of Merbraine I?

The enterprise number of Merbraine I is BE0458259870.

When was Merbraine I founded?

Merbraine I was founded on 17 June 1996.

Who are the directors of Merbraine I?

According to the 2025 annual accounts, the directors of Merbraine I are: Vincent Lefebvre, Alexandre Van Caloen srl, JM Construction SA, Lupton SRL.

Is Merbraine I a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 June 1996; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Merbraine I make in 2025?

Merbraine I recorded a loss after taxes of € 791,978 in financial year 2025.

What is the revenue of Merbraine I?

As a small company, Merbraine I is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -675,632.

Merbraine I (Public Limited) - Ukkel - BE0458259870

Dossier Merbraine I, printed on 29 October 2026 from databakkes.be/en/0458259870/merbraine-i. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

110 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Merbraine I from Ukkel, company number BE0458259870, closed financial year 2025 with a result of € -791,978 after tax. For that financial year Merbraine I recorded a gross margin of € -675,632 and equity of € -3.1 million. Compared with financial year 2024, the result moved from € -289,643 to € -791,978. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Caution

€ -3.1 million

▼ € 791,978 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -791,978

▼ 173 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 95,382

▲ € 80,650 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -3.2 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 17,848

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 16,453 Gross margin 2022: € 16,453 First fiscal year in the series	€ -1,127,939 Gross margin 2023: € -1,127,939 ▼ € 1.1 million vs 2022 (€ 16,453) Unfavourable step	€ -64,472 Gross margin 2024: € -64,472 ▲ € 1.1 million vs 2023 (€ -1,127,939) Favourable step	€ -675,632 Gross margin 2025: € -675,632 ▼ € 611,160 vs 2024 (€ -64,472) Unfavourable step	▼ € 611,160
Profit after taxes	€ -56,948 Profit after taxes 2022: € -56,948 First fiscal year in the series	€ -1,547,909 Profit after taxes 2023: € -1,547,909 ▼ € 1.5 million vs 2022 (€ -56,948) Unfavourable step	€ -289,643 Profit after taxes 2024: € -289,643 ▲ € 1.3 million vs 2023 (€ -1,547,909) Favourable step	€ -791,978 Profit after taxes 2025: € -791,978 ▼ € 502,335 vs 2024 (€ -289,643) Unfavourable step	▼ € 502,335
Equity	€ -511,314 Equity 2022: € -511,314 First fiscal year in the series	€ -2,059,223 Equity 2023: € -2,059,223 ▼ € 1.5 million vs 2022 (€ -511,314) Unfavourable step	€ -2,348,866 Equity 2024: € -2,348,866 ▼ € 289,643 vs 2023 (€ -2,059,223) Unfavourable step	€ -3,140,844 Equity 2025: € -3,140,844 ▼ € 791,978 vs 2024 (€ -2,348,866) Unfavourable step	▼ € 791,978
Total debts	€ 12,149,774 Total debts 2022: € 12,149,774 First fiscal year in the series	€ 12,214,341 Total debts 2023: € 12,214,341 ▲ 1% vs 2022 (€ 12,149,774) Unfavourable step	€ 6,005,012 Total debts 2024: € 6,005,012 ▼ 51% vs 2023 (€ 12,214,341) Favourable step	€ 3,258,685 Total debts 2025: € 3,258,685 ▼ 46% vs 2024 (€ 6,005,012) Favourable step	▼ 46%
Cash	€ 3,921 Cash 2022: € 3,921 First fiscal year in the series	-	€ 14,732 Cash 2024: € 14,732 First fiscal year in the series	€ 95,382 Cash 2025: € 95,382 ▲ € 80,650 vs 2024 (€ 14,732) Favourable step	▲ € 80,650
Retained profit	€ -573,288 Retained profit 2022: € -573,288 First fiscal year in the series	€ -2,121,197 Retained profit 2023: € -2,121,197 ▼ € 1.5 million vs 2022 (€ -573,288) Unfavourable step	€ -2,410,840 Retained profit 2024: € -2,410,840 ▼ € 289,643 vs 2023 (€ -2,121,197) Unfavourable step	€ -3,202,818 Retained profit 2025: € -3,202,818 ▼ € 791,978 vs 2024 (€ -2,410,840) Unfavourable step	▼ € 791,978
Bank debt	€ 7,420,000 Bank debt 2022: € 7,420,000 First fiscal year in the series	€ 6,938,957 Bank debt 2023: € 6,938,957 ▼ 6% vs 2022 (€ 7,420,000) Favourable step	€ 510,591 Bank debt 2024: € 510,591 ▼ 93% vs 2023 (€ 6,938,957) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 510,591) Favourable step	▼ 100%
Balance sheet total	€ 11,638,460 Balance sheet total 2022: € 11,638,460 First fiscal year in the series	€ 10,155,117 Balance sheet total 2023: € 10,155,117 ▼ 13% vs 2022 (€ 11,638,460) Unchanged	€ 3,656,146 Balance sheet total 2024: € 3,656,146 ▼ 64% vs 2023 (€ 10,155,117) Unchanged	€ 117,841 Balance sheet total 2025: € 117,841 ▼ 97% vs 2024 (€ 3,656,146) Unchanged	▼ 97%

Key figures of Merbraine I, 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 Merbraine I?

What happened at Merbraine I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Vincent Lefebvre stepped down as director. NBB
2030 Alexandre Van Caloen srl stepped down as director. NBB
2030 JM Construction SA stepped down as director. NBB
2030 Lupton SRL stepped down as director. NBB
Sep 30, 2026 New annual accounts for financial year 2025: loss of € 791,978. filed late Source: NBB ↗
2025 Vincent Lefebvre became a director. NBB
2025 Alexandre Van Caloen srl became a director. NBB
2025 JM Construction SA became a director. NBB

In short

From € 56,949 loss in 2022 to € 791,978 loss in 2025.

Original PDFs at the National Bank ↗

Management

JM Construction sa 50%

Lupton srl 50%

Merbraine I

The shares are held by JM Construction sa (50%) and Lupton srl (50%).

Directors

According to the 2025 annual accounts

Vincent Lefebvre

Director

Also active at: ENTOURAGE CAPITAL MANAGEMENT

since 2025 · until 2030

Alexandre Van Caloen srl

Director · represented by Louis-Dorsan Van Caloen

Also active at: MERBRAINE EQUILIS

since 2025 · until 2030

JM Construction SA

Managing director · represented by Staffan Palm

since 2025 · until 2030

Lupton SRL

Director · represented by Alexandre Ernest Marie Ghislain baron van Caloen

Also active at: MERBRAINE EQUILIS

since 2025 · until 2030

Shareholders

JM Construction sa

50%

Lupton srl

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Alsembergsesteenweg 897

1180 Ukkel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 110 companies are registered at this address.

All companies at this address →

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+105 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

0458.259.870

VAT number

BE 0458.259.870

Registered office

Alsembergsesteenweg 897, 1180 Ukkel

Names & denominations

Merbraine I

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 June 1996

Peppol

Active · Active since 9 Jan 2026

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

Merbraine I

Warning lights

Financials

What happened to Merbraine I?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions