Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERTENS CADRES - MERTENS KADERS from Brussel, company number BE0461299930, closed financial year 2025 with a result of € -70,181 after tax. For that financial year MERTENS CADRES - MERTENS KADERS recorded a gross margin of € 236,487 and equity of € 2,164. Compared with financial year 2024, the result moved from € 758 to € -70,181. The company made a loss. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 16, 2026.
€ 2,164
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,181
▼ still € 758 profit in 2024
Profit after tax over the fiscal year.
€ 84,613
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,836.
People and assets in 2025
5.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 266,050
▼ 3% vs 2024
€ 52,200 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.
€ 20,665
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 365,454
▼ 9% vs 2024
€ 38,369 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 246,992
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 39,096
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 260,071 | € 286,754 | € 312,537 | € 236,487 | ▼ 24% |
| Profit after taxes | € 1,465 | € -3,809 | € 758 | € -70,181 | ▼ € 70,939 |
| Equity | € 75,396 | € 71,587 | € 72,345 | € 2,164 | ▼ 97% |
| Total debts | € 754,240 | € 648,357 | € 646,485 | € 651,541 | ▲ 1% |
| Cash | € 234,232 | € 163,469 | € 134,551 | € 84,613 | ▼ 37% |
| Land & buildings | € 468,930 | € 454,575 | € 440,220 | € 425,865 | ▼ 3% |
| Retained profit | € 56,396 | € 52,587 | € 53,345 | € -16,836 | ▼ € 70,181 |
| Bank debt | € 434,011 | € 408,352 | € 401,889 | € 365,454 | ▼ 9% |
| Balance sheet total | € 829,636 | € 719,944 | € 718,830 | € 653,705 | ▼ 9% |
| Employees (FTE) | 5.3 | 5.2 | 5.5 | 5.1 | ▼ 0.4 |
Key figures of MERTENS CADRES - MERTENS KADERS, 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 MERTENS CADRES - MERTENS KADERS?
What happened at MERTENS CADRES - MERTENS KADERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,181 (▼ € 70,939 vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,465 profit in 2022 to € 70,181 loss in 2025.
Paid € 187 in corporate taxes since 2022.
Best year ever: 2022, with € 1,465 profit.
On average € 46,400 of value added per employee in 2025.
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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
Behind MERTENS CADRES - MERTENS KADERS is Group W.
Directors
According to the 2025 annual accounts
Group W
Director · represented by Willem Asselbergs
Establishments
Establishment units
Physical locations of this company
Schootstraat 1
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
DNS
TransIP DNS
Domain
Domain
mertensframes.com
Registered
2003-01-17
Registrar
Key-Systems GmbH
Expires
2027-01-17
Website info
Features
Security
Network
Details
- Company number
- 0461.299.930
- VAT number
- BE 0461.299.930
- Registered office
- Schootstraat 1, 1000 Brussel
- Names & denominations
- MERTENS CADRES - MERTENS KADERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 1997
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- mertensframes.com
- Activities · NACE
Groothandel in andere consumentenartikelen, neg
Overige groothandel in consumentenartikelen, n.e.g.
Vervaardiging van houten emballage