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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mertens & Co from Buggenhout, company number BE0540880611, closed financial year 2025 with a result of € 15,301 after tax. For that financial year Mertens & Co recorded a gross margin of € 28,118 and equity of € 15,374. Compared with financial year 2024, the result moved from € 11,658 to € 15,301. Profitable, and profit is growing. The buffer shrank hard: equity is 52 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 15,374
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,301
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 15,935
▲ 112% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,708
▲ € 2,392 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,778
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,404
▲ 256% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -12,147 | € 14,884 | € 28,118 | ▲ 89% |
| Profit after taxes | € -19,635 | € 11,658 | € 15,301 | ▲ 31% |
| Equity | € 26,788 | € 32,073 | € 15,374 | ▼ 52% |
| Total debts | € 25,585 | € 28,009 | € 54,131 | ▲ 93% |
| Cash | € 262 | € 7,531 | € 15,935 | ▲ 112% |
| Retained profit | € 26,288 | € 31,573 | € 14,874 | ▼ 53% |
| Dividend | € 0 | € 6,373 | € 32,000 | ▲ € 25,627 |
| Balance sheet total | € 52,373 | € 60,082 | € 69,505 | ▲ 16% |
Key figures of Mertens & Co, fiscal years 2023 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 Mertens & Co?
What happened at Mertens & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,301 (▲ 31% vs 2024). Source: NBB ↗
- Gino Mertens became a director. NBB
- New establishment in Buggenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,635 loss in 2023 to € 15,301 profit in 2025.
Paid € 11,086 in corporate taxes since 2023.
Best year ever: 2025, with € 15,301 profit.
Paid out € 38,373 in dividends to the owners in total.
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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 Mertens & Co is Gino Mertens. Gino Mertens is also behind IFCS.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Kapelbaan 9
9255 Buggenhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0540.880.611
- VAT number
- BE 0540.880.611
- Registered office
- Kapelbaan 9, 9255 Buggenhout
- Names & denominations
- Mertens & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 2013
- Peppol
- Active · Active since 12 Oct 2025
- Activities · NACE
Activiteiten van gemengde verzekeringsondernemingen, overwegend niet-leven