Financials
Financial year 2025
MARCHANDISE from Engis, company number BE0464499544, closed financial year 2025 with a result of € 89,784 after tax. For that financial year MARCHANDISE recorded revenue of € 26.9 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € 428,110 to € 89,784. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 4.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,784
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 691,529
▼ 6% 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 € 3.5 million.
People and assets in 2025
63.2
▲ 7.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▲ 19% vs 2024
€ 77,400 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.
€ 942,565
▼ 34% vs 2024
Of which on lease € 26,385.
Debts at end 2025
€ 10.6 million
▼ 7% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 4.9 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 1 million
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,878,753 | € 23,243,047 | € 25,601,670 | € 26,891,703 | ▲ 5% |
| Profit after taxes | € 1,252,969 | € 520,337 | € 428,110 | € 89,784 | ▼ 79% |
| Equity | € 3,608,612 | € 3,951,076 | € 4,335,615 | € 4,391,169 | ▲ 1% |
| Total debts | € 13,592,209 | € 16,452,259 | € 16,591,775 | € 16,790,159 | ▲ 1% |
| Cash | € 1,685,254 | € 1,391,733 | € 737,050 | € 691,529 | ▼ 6% |
| Land & buildings | € 4,221,796 | € 4,269,066 | € 4,434,084 | € 4,311,609 | ▼ 3% |
| Retained profit | € 2,734,495 | € 3,103,152 | € 3,442,782 | € 3,532,565 | ▲ 3% |
| Dividend | € 246,480 | € 151,680 | € 88,480 | € 0 | ▼ 100% |
| Bank debt | € 7,734,168 | € 10,752,182 | € 11,485,816 | € 10,641,234 | ▼ 7% |
| Balance sheet total | € 17,630,246 | € 20,867,579 | € 21,448,061 | € 21,914,151 | ▲ 2% |
| Employees (FTE) | 49.8 | 51.8 | 55.7 | 63.2 | ▲ 7.5 |
Key figures of MARCHANDISE, 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 MARCHANDISE?
What happened at MARCHANDISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 89,784 (▼ 79% vs 2024). Source: NBB ↗
- Gilles MARCHANDISE stepped down as director. NBB
- Louis BOTSON stepped down as director. NBB
- Ivan MARCHANDISE stepped down as director. NBB
- INVESTSUD SA stepped down as director. NBB
- Michael MARCHANDISE stepped down as director. NBB
- Gilles MARCHANDISE became a director. NBB
- Michael MARCHANDISE became a director. NBB
In short
From € 1.3 million profit in 2022 to € 89,784 profit in 2025.
Paid € 680,845 in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
Paid out € 486,640 in dividends to the owners in total.
Management
The stake of INVESTSUD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MARCHANDISEThe shares are held by INVESTSUD (25.7%). It owns 100% of MARCHANDISE GENK and 80% of MARCHANDISE MONTZEN itself.
Directors
According to the 2025 annual accounts
Gilles MARCHANDISE
Director
since 2023 · until 2025
Louis BOTSON
Director
since 2019 · until 2025
since 2019 · until 2025
Director · represented by Stéphane DANTINNE
Also active at: LASERE, INVESTSUD PARTICIPATIONS, INVESTSUD BOIS, INVESTSUD TECH
since 2019 · until 2025
Michael MARCHANDISE
Director
since 2023 · until 2025
Shareholders
25.7%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue des Tuiliers 10
4480 Engis
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
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0464.499.544
- VAT number
- BE 0464.499.544
- Registered office
- Rue des Tuiliers 10, 4480 Engis
- Names & denominations
- MARCHANDISE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 1998
- Peppol
- Active · Active since 1 Dec 2025
- Contact
- marchandise.be
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