Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MERCAZ from Elsene, company number BE0667836189, closed financial year 2025 with a result of € -155,379 after tax. For that financial year MERCAZ recorded a gross margin of € -18,693 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -163,522 to € -155,379. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -1.2 million
▼ € 155,379 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -155,379
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 74
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2025
€ 776,175
▼ 6% vs 2024
€ 54,617 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 10,971
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,701 | € -13,561 | € -22,103 | € -18,693 | ▲ € 3,410 |
| Profit after taxes | € -132,893 | € -156,339 | € -163,522 | € -155,379 | ▲ € 8,143 |
| Equity | € -759,782 | € -916,120 | € -1,079,642 | € -1,235,021 | ▼ € 155,379 |
| Total debts | € 2,088,224 | € 2,207,860 | € 2,342,863 | € 2,451,763 | ▲ 5% |
| Cash | € 9,102 | € 1,661 | € 10,091 | € 74 | ▼ 99% |
| Land & buildings | € 1,319,340 | € 1,288,930 | € 1,251,975 | € 1,215,019 | ▼ 3% |
| Retained profit | € -778,382 | € -934,720 | € -1,098,242 | € -1,253,621 | ▼ € 155,379 |
| Bank debt | € 933,068 | € 881,905 | € 829,615 | € 776,175 | ▼ 6% |
| Balance sheet total | € 1,328,442 | € 1,291,739 | € 1,263,221 | € 1,216,742 | ▼ 4% |
Key figures of MERCAZ, 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 MERCAZ?
What happened at MERCAZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 155,379. Source: NBB ↗
- E-MAPROD became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 132,893 loss in 2022 to € 155,379 loss in 2025.
A new publication or filing at MERCAZ? 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
The stake of E - MAPROD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERCAZBehind MERCAZ is E-MAPROD. The shares are held by E - MAPROD (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stéphane Benaym
Also active at: La Commerciale Nord, FONCIERE DU CARREFOUR DE L'EUROPE, J+M, BBR PLUS, SENA, BRASSAM, ARTE MA, JAMBES MAGONDEAUX +18 more
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fourmoisstraat 15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Organisation Sioniste de Belgique
Fondation Simon et Lina Haim
€ -10,880 gross margin · 2025
Magen David Adom Belgium
Federation Wizo Belgique - Luxembourg - Federatie Wizo Belgie -Luxemburg
Comité de Coordination des Organisations juives de Belgique - Coördinatie Comité van Joodse Organisaties van België
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0667.836.189
- VAT number
- BE 0667.836.189
- Registered office
- Fourmoisstraat 15, 1050 Elsene
- Names & denominations
- MERCAZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2016
- Peppol
- Active · Active since 5 Aug 2026
- Contact
- emaprod.com