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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Negative equity NBB
More debt than assets in 1 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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mercurius Holding from Aalst, company number BE0678828764, closed financial year 2025 with a result of € -216,037 after tax. Compared with financial year 2024, the result moved from € -276,232 to € -216,037. 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 October 9, 2026.
€ -117,754
▼ € 216,037 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -216,037
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2025
€ 170
Loans from banks and other lenders, long and short.
€ 1,357
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 201,579
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,400 | - | - | - | |
| Gross margin | € 30,246 | € -2,680 | € -3,094 | - | |
| Profit after taxes | € -11,071 | € -3,641 | € -276,232 | € -216,037 | ▲ € 60,195 |
| Equity | € 378,156 | € 374,515 | € 98,283 | € -117,754 | ▼ € 216,037 |
| Total debts | € 3,848 | € 165 | € 1,452 | € 203,105 | ▲ € 201,653 |
| Cash | € 1,216 | € 1,082 | € 949 | - | |
| Retained profit | € -821,844 | € -825,485 | € -1,101,717 | € -1,317,754 | ▼ € 216,037 |
| Bank debt | € 0 | € 0 | € 0 | € 170 | |
| Balance sheet total | € 382,004 | € 374,680 | € 99,735 | € 90,351 | ▼ 9% |
Key figures of Mercurius Holding, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 28 July 2027.
What happened to Mercurius Holding?
What happened at Mercurius Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AALBERTUS VAN DE WEERD stepped down as director. NBB
- ERIK HEUTHORST stepped down as director. NBB
- HUBERTUS VERHOEF stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 216,037. filed late Source: NBB ↗
- AALBERTUS VAN DE WEERD became a director. NBB
- ERIK HEUTHORST became a director. NBB
- HUBERTUS VERHOEF became a director. NBB
- New establishment in Aalst. KBO
In short
From € 11,071 loss in 2023 to € 216,037 loss in 2025.
Paid € 194,106 in corporate taxes since 2023.
Pays suppliers within 93 days on average.
Management
It owns 100% of M-Pharma itself.
Establishments
Establishment units
Physical locations of this company
Gentse steenweg 93
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.828.764
- VAT number
- BE 0678.828.764
- Registered office
- Gentse steenweg 93, 9300 Aalst
- Names & denominations
- Mercurius Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2017
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Overige financiële dienstverlening, neg
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Adviesbureaus op het gebied van public relations en communicatie