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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MARUANI & MERCIER from Brussel, company number BE0477834074, closed financial year 2025 with a result of € 605,425 after tax. For that financial year MARUANI & MERCIER recorded revenue of € 12.3 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 448,359 to € 605,425. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 3.3 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 605,425
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 872,001
▲ 164% 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 € 3.2 million.
People and assets in 2025
6.8
▼ 5.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 607,207
▼ 41% vs 2024
€ 89,300 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.
€ 30,218
▼ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 123% vs 2024
€ 340,122 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5.4 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 180 days on average.
€ 93,848
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 12,960,048 | € 14,331,750 | € 12,331,015 | ▼ 14% |
| Gross margin | € 5,010,721 | - | - | - | |
| Profit after taxes | € 4,191,014 | € 2,242,645 | € 448,359 | € 605,425 | ▲ 35% |
| Equity | € 3,079,512 | € 3,322,156 | € 2,570,516 | € 3,262,238 | ▲ 27% |
| Total debts | € 8,504,637 | € 9,479,688 | € 9,473,031 | € 9,694,731 | ▲ 2% |
| Cash | € 1,085,479 | € 575,422 | € 330,314 | € 872,001 | ▲ 164% |
| Land & buildings | € 221,636 | € 214,634 | € 204,131 | € 1,600,997 | ▲ € 1.4 million |
| Retained profit | € 3,054,512 | € 3,297,156 | € 2,545,516 | € 3,150,941 | ▲ 24% |
| Dividend | € 3,600,000 | € 2,000,000 | € 1,200,000 | € 0 | ▼ 100% |
| Bank debt | € 1,527,944 | € 1,740,088 | € 1,454,297 | € 3,245,053 | ▲ 123% |
| Balance sheet total | € 11,584,149 | € 12,859,684 | € 12,101,386 | € 13,014,809 | ▲ 8% |
| Employees (FTE) | 6.1 | 7.9 | 12.5 | 6.8 | ▼ 5.7 |
Key figures of MARUANI & MERCIER, 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 MARUANI & MERCIER?
What happened at MARUANI & MERCIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 605,425 (▲ 35% vs 2024). filed late Source: NBB ↗
- New establishment in Vorst. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Zaventem. KBO
- SWEET GROWTH INTERNATIONAL SA became a director. NBB
- New establishment in Knokke-Heist. KBO
- MARUANI SRL became a director. NBB
- New establishment in Elsene. KBO
In short
From € 4.2 million profit in 2022 to € 605,425 profit in 2025.
Paid € 313,511 in corporate taxes since 2022.
Best year ever: 2022, with € 4.2 million profit.
On average € 821,400 of value added per employee in 2022.
A new publication or filing at MARUANI & MERCIER? We notify you, reason included.
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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 MARUANI & MERCIER are MARUANI SRL and SWEET GROWTH INTERNATIONAL SA. It owns ART430 itself.
Directors
According to the 2025 annual accounts
since 2005
since 2014
Establishments
Establishment units
Physical locations of this company
Louizalaan 430
1050 Brussel
Kustlaan 90
8300 Knokke-Heist
Active since 29 March 2013
Lambroekstraat 5
1930 Zaventem
Active since 1 March 2019
Zeedijk-Knokke 759
8300 Knokke-Heist
Active since 19 July 2022
Marconistraat 175
1190 Vorst
Active since 11 April 2025
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.
Details
- Company number
- 0477.834.074
- VAT number
- BE 0477.834.074
- Registered office
- Louizalaan 430, 1050 Brussel
- Names & denominations
- MARUANI & MERCIER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2002
- Peppol
- Active · Active since 16 Jun 2025
- Activities · NACE
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