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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mercie Gino from Wetteren, company number BE0466682440, closed financial year 2025 with a result of € 17,310 after tax. For that financial year Mercie Gino recorded a gross margin of € 148,869 and equity of € 365,231. Compared with financial year 2024, the result moved from € 21,981 to € 17,310. The company is profitable. 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 June 26, 2026.
€ 365,231
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,310
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 3,208
▼ 87% 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 € 299,536.
People and assets in 2025
€ 56,114
▼ 6% 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.
€ 120,105
▲ 177% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 154,313
▲ 68% vs 2024
€ 70,106 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 13,250
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,645
▲ 152% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 133,553 | € 107,680 | € 144,361 | € 148,869 | ▲ 3% |
| Profit after taxes | € 39,106 | € 5,625 | € 21,981 | € 17,310 | ▼ 21% |
| Equity | € 320,314 | € 325,939 | € 347,921 | € 365,231 | ▲ 5% |
| Total debts | € 398,912 | € 370,510 | € 328,031 | € 357,911 | ▲ 9% |
| Cash | € 3,518 | € 1,944 | € 23,825 | € 3,208 | ▼ 87% |
| Land & buildings | € 624,426 | € 608,077 | € 592,974 | € 577,872 | ▼ 3% |
| Retained profit | € 254,620 | € 260,245 | € 282,226 | € 299,536 | ▲ 6% |
| Bank debt | € 196,289 | € 143,247 | € 92,072 | € 154,313 | ▲ 68% |
| Balance sheet total | € 719,227 | € 696,449 | € 675,951 | € 723,142 | ▲ 7% |
Key figures of Mercie Gino, 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 Mercie Gino?
What happened at Mercie Gino in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,310 (▼ 21% vs 2024). Source: NBB ↗
- Gino Mercie became a director. NBB
- Kathy Mertens became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,106 profit in 2022 to € 17,310 profit in 2025.
Paid € 39,782 in corporate taxes since 2022.
Best year ever: 2022, with € 39,106 profit.
Management
Behind Mercie Gino are Gino Mercie and Kathy Mertens.
Directors
According to the 2025 annual accounts
Gino Mercie
Director
since 2022
Kathy Mertens
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Loweestraat 80
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.682.440
- VAT number
- BE 0466.682.440
- Registered office
- Loweestraat 80, 9230 Wetteren
- Names & denominations
- Mercie Gino
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1999
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Schilderen van gebouwen
Schilderen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van behang
Plaatsen van vloerbedekking van hout of andere materialen