Financials
Financial year 2025
GEERT MERTENS from Bornem, company number BE0463174505, closed financial year 2025 with a result of € 64,314 after tax. For that financial year GEERT MERTENS recorded a gross margin of € 157,249 and equity of € 599,474. Compared with financial year 2024, the result moved from € 33,918 to € 64,314. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 22, 2025.
€ 599,474
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,314
▲ 90% vs 2024
Profit after tax over the fiscal year.
€ 322,088
▲ 66% 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 € 593,269.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 10,544
▼ 61% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,942
▲ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 255,872
▼ 12% vs 2024
€ 41,957 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 10,837
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,100
▼ 14% 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 | € 115,204 | € 152,522 | € 159,773 | € 157,249 | ▼ 2% |
| Profit after taxes | € 12,232 | € 37,980 | € 33,918 | € 64,314 | ▲ 90% |
| Equity | € 463,262 | € 501,243 | € 535,161 | € 599,474 | ▲ 12% |
| Total debts | € 727,796 | € 690,986 | € 731,020 | € 706,976 | ▼ 3% |
| Cash | € 220,977 | € 240,490 | € 194,260 | € 322,088 | ▲ 66% |
| Land & buildings | € 706,646 | € 661,473 | € 660,477 | € 605,378 | ▼ 8% |
| Retained profit | € 457,057 | € 495,037 | € 528,955 | € 593,269 | ▲ 12% |
| Bank debt | € 375,566 | € 324,662 | € 290,959 | € 255,872 | ▼ 12% |
| Balance sheet total | € 1,191,059 | € 1,192,228 | € 1,266,181 | € 1,306,450 | ▲ 3% |
| Employees (FTE) | 0.3 | - | 0 | 0 |
Key figures of GEERT MERTENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GEERT MERTENS?
What happened at GEERT MERTENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,314 (▲ 90% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Bornem. KBO
In short
From € 12,232 profit in 2022 to € 64,314 profit in 2025.
Paid € 106,585 in corporate taxes since 2022.
Best year ever: 2025, with € 64,314 profit.
Management
Behind GEERT MERTENS are Geert Mertens and Inge De Block. Geert Mertens is also behind Autonoom Gemeentebedrijf Bornem.
Directors
According to the 2025 annual accounts
Inge De Block
Director
Establishments
Establishment units
Physical locations of this company
Paepenstraat(WIN) 6
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.174.505
- VAT number
- BE 0463.174.505
- Registered office
- Paepenstraat(WIN) 6, 2880 Bornem
- Names & denominations
- GEERT MERTENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1998
- Peppol
- Active · Active since 2 Sept 2025
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