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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERE-RETAIL from Erpe-Mere, company number BE0552622163, closed financial year 2025 with a result of € 75,069 after tax. For that financial year MERE-RETAIL recorded a gross margin of € 806,765 and equity of € 166,584. Compared with financial year 2024, the result moved from € 88,518 to € 75,069. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 166,584
▼ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,069
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 174,432
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 155,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.7
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 451,600
▲ 28% vs 2024
€ 42,200 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.
€ 740
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 22% vs 2024
€ 304,443 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 670,112
▲ 145% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,912
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 678,764 | € 741,872 | € 659,374 | € 806,765 | ▲ 22% |
| Profit after taxes | € 134,983 | € 119,384 | € 88,518 | € 75,069 | ▼ 15% |
| Equity | € 253,614 | € 157,998 | € 246,516 | € 166,584 | ▼ 32% |
| Total debts | € 1,999,352 | € 2,290,528 | € 2,141,492 | € 1,959,728 | ▼ 8% |
| Cash | € 114,766 | € 85,007 | € 231,989 | € 174,432 | ▼ 25% |
| Land & buildings | € 432,122 | € 637,964 | € 619,461 | € 594,774 | ▼ 4% |
| Retained profit | € 233,614 | € 137,998 | € 226,516 | € 146,584 | ▼ 35% |
| Dividend | € 0 | € 215,000 | € 0 | € 155,000 | |
| Bank debt | € 1,265,841 | € 1,331,836 | € 1,345,165 | € 1,047,639 | ▼ 22% |
| Balance sheet total | € 2,252,966 | € 2,448,525 | € 2,388,008 | € 2,126,313 | ▼ 11% |
| Employees (FTE) | 8.4 | 9.3 | 11.8 | 10.7 | ▼ 1.1 |
Key figures of MERE-RETAIL, 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 MERE-RETAIL?
What happened at MERE-RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,069 (▼ 15% vs 2024). filed late Source: NBB ↗
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 134,983 profit in 2023 to € 75,069 profit in 2025.
Paid € 93,548 in corporate taxes since 2023.
Best year ever: 2023, with € 134,983 profit.
On average € 75,400 of value added per employee in 2025.
Management
The stake of SOS RETAIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERE-RETAILBehind MERE-RETAIL is VL RETAIL BV. The shares are held by SOS RETAIL (100%). It owns 100% of Express Retail Aalst and 100% of Filip Van Der Stockt itself.
Directors
According to the 2025 annual accounts
Bestuurder · represented by Frederic Van Landeghem
Also active at: SCHELDEWINDEKE RETAIL, UNIC MERE, IMMAWIMBA, IMMO LEMAHIEU, NAZA RETAIL, BRICK RETAIL, AALST RETAIL, LEDEBERG RETAIL +1 more
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Oudenaardsesteenweg 381
9420 Erpe-Mere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.622.163
- VAT number
- BE 0552.622.163
- Registered office
- Oudenaardsesteenweg 381, 9420 Erpe-Mere
- Names & denominations
- MERE-RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2014
- Peppol
- Active · Active since 28 Jul 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)