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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERREN from Ranst, company number BE0467476256, closed financial year 2025 with a result of € 11,902 after tax. For that financial year MERREN recorded a gross margin of € 30,317 and equity of € 10,029. Compared with financial year 2024, the result moved from € 13,688 to € 11,902. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 10,029
▲ € 11,902 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,902
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 1,069
▼ 42% 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 € -8,563.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 28,209
▼ 45% vs 2024
€ 24,071 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1,891
Supplier invoices still open on the last day of the fiscal year.
€ 8,767
▼ 21% 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 | € 53,052 | € 49,416 | € 39,683 | € 30,317 | ▼ 24% |
| Profit after taxes | € 32,175 | € 22,827 | € 13,688 | € 11,902 | ▼ 13% |
| Equity | € -38,387 | € -15,560 | € -1,872 | € 10,029 | ▲ € 11,902 |
| Total debts | € 249,076 | € 210,064 | € 180,987 | € 163,771 | ▼ 10% |
| Cash | € 11,517 | € 45 | € 1,829 | € 1,069 | ▼ 42% |
| Land & buildings | € 194,950 | € 186,926 | € 173,903 | € 166,879 | ▼ 4% |
| Retained profit | € -56,979 | € -34,152 | € -20,464 | € -8,563 | ▲ € 11,902 |
| Bank debt | € 93,132 | € 72,637 | € 51,023 | € 28,209 | ▼ 45% |
| Balance sheet total | € 210,689 | € 194,503 | € 179,114 | € 173,800 | ▼ 3% |
Key figures of MERREN, 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 MERREN?
What happened at MERREN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,902 (▼ 13% vs 2024). Source: NBB ↗
- New establishment in Ranst. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,175 profit in 2022 to € 11,902 profit in 2025.
Paid € 22,295 in corporate taxes since 2022.
Best year ever: 2022, with € 32,175 profit.
Management
Behind MERREN is Serge Renders.
Directors
According to the 2025 annual accounts
Serge Renders
Director
Establishments
Establishment units
Physical locations of this company
Abelebaan 87
2520 Ranst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.476.256
- VAT number
- BE 0467.476.256
- Registered office
- Abelebaan 87, 2520 Ranst
- Names & denominations
- MERREN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1999
- Peppol
- Active · Active since 5 Dec 2025
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