Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
MERFEZA from Merchtem, company number BE0460224319, closed financial year 2025 with a result of € 1,130 after tax. For that financial year MERFEZA recorded a gross margin of € 4,860 and equity of € -48,712. Compared with financial year 2024, the result moved from € 11,786 to € 1,130. The company is profitable. 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 June 19, 2026.
€ -48,712
▲ € 1,130 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,130
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 86,488
▲ 45% 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 € -54,909.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,032
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,563
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,103
▲ 18% 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 | € -2,091 | € 17,309 | € 14,989 | € 4,860 | ▼ 68% |
| Profit after taxes | € -5,011 | € 12,602 | € 11,786 | € 1,130 | ▼ 90% |
| Equity | € -74,229 | € -61,627 | € -49,842 | € -48,712 | ▲ € 1,130 |
| Total debts | € 220,723 | € 232,305 | € 239,889 | € 265,397 | ▲ 11% |
| Cash | € 43,924 | € 46,761 | € 59,667 | € 86,488 | ▲ 45% |
| Retained profit | € -80,427 | € -67,825 | € -56,039 | € -54,909 | ▲ € 1,130 |
| Balance sheet total | € 146,494 | € 170,677 | € 190,047 | € 216,685 | ▲ 14% |
Key figures of MERFEZA, 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 MERFEZA?
What happened at MERFEZA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,130 (▼ 90% vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,011 loss in 2022 to € 1,130 profit in 2025.
Best year ever: 2023, with € 12,602 profit.
Management
Behind MERFEZA is XAVIER SEGHERS. XAVIER SEGHERS is also behind Gersyl.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Gasthuisstraat 92
1785 Merchtem
Stoofstraat 34 box A
1785 Merchtem
Active since 10 April 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.224.319
- VAT number
- BE 0460.224.319
- Registered office
- Gasthuisstraat 92, 1785 Merchtem
- Names & denominations
- MERFEZA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1997
- Peppol
- Active · Active since 20 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Cafés en bars
Verhuur en lease van andere consumentenartikelen, n.e.g.