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.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
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Busy address KBO
111 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Merbraine I from Ukkel, company number BE0458259870, closed financial year 2024 with a result of € -289,643 after tax. For that financial year Merbraine I recorded a gross margin of € -64,472 and equity of € -2.3 million. Compared with financial year 2023, the result moved from € -1.5 million to € -289,643. 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, 2025.
€ -2.3 million
▼ € 289,643 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -289,643
▲ 81 % less loss than in 2023
Profit after tax over the fiscal year.
€ 14,732
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
Debts at end 2024
€ 510,591
▼ 93% vs 2023
Loans from banks and other lenders, long and short.
€ 18,816
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | € 16,453 | € -1,127,939 | € -64,472 | ▲ € 1.1 million |
| Profit after taxes | € -42,988 | € -56,948 | € -1,547,909 | € -289,643 | ▲ € 1.3 million |
| Equity | € -454,366 | € -511,314 | € -2,059,223 | € -2,348,866 | ▼ € 289,643 |
| Total debts | € 12,069,424 | € 12,149,774 | € 12,214,341 | € 6,005,012 | ▼ 51% |
| Cash | € 1,109 | € 3,921 | - | € 14,732 | |
| Retained profit | € -516,339 | € -573,288 | € -2,121,197 | € -2,410,840 | ▼ € 289,643 |
| Bank debt | € 7,420,000 | € 7,420,000 | € 6,938,957 | € 510,591 | ▼ 93% |
| Balance sheet total | € 11,615,059 | € 11,638,460 | € 10,155,117 | € 3,656,146 | ▼ 64% |
Key figures of Merbraine I, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- New annual accounts for financial year 2024: loss of € 289,643. filed late Source: NBB ↗
- Vincent Lefebvre stepped down as director. NBB
- Alexandre Van Caloen srl stepped down as director. NBB
- JM Construction SA stepped down as director. NBB
- Lupton SRL stepped down as director. NBB
- Vincent Lefebvre became a director. NBB
- Alexandre Van Caloen srl became a director. NBB
- JM Construction SA became a director. NBB
In short
From € 42,988 loss in 2021 to € 289,643 loss in 2024.
A new publication or filing at Merbraine I? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by JM Construction sa (50%) and Lupton srl (50%).
Directors
According to the 2024 annual accounts
since 2020 · until 2025
Director · represented by Louis-Dorsan Van Caloen
Also active at: MERBRAINE EQUILIS
since 2020 · until 2025
Managing director · represented by Staffan Palm
since 2020 · until 2025
Director · represented by Alexandre Ernest Marie Ghislain baron van Caloen
Also active at: MERBRAINE EQUILIS
since 2020 · until 2025
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 897
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.
All companies at this address →The British Charitable Fund
JM Construction same network
€ -360,911 gross margin · 2024
LINEA
€ 19,901 gross margin · 2025
BLIZZARD
€ 87,486 gross margin · 2025
R.C. & Co
€ 68,172 gross margin · 2025
+106 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
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