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 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LIES MERTENS from Antwerpen, company number BE0689569931, closed financial year 2025 with a result of € 55,414 after tax. For that financial year LIES MERTENS recorded a gross margin of € 180,828 and equity of € 93,676. Compared with financial year 2024, the result moved from € -57,572 to € 55,414. 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 June 29, 2026.
€ 93,676
▲ 145% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,414
▲ still € 57,572 loss in 2024
Profit after tax over the fiscal year.
€ 92,797
▲ 43% 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 € -46,324.
People and assets in 2025
€ 68,782
▼ 46% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,116
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 259,874
▼ 14% vs 2024
€ 44,215 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 28,981
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,117
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 152,310 | € 143,374 | € 124,525 | € 180,828 | ▲ 45% |
| Profit after taxes | € 21,139 | € 1,049 | € -57,572 | € 55,414 | ▲ € 112,986 |
| Equity | € 94,786 | € 95,835 | € 38,263 | € 93,676 | ▲ 145% |
| Total debts | € 327,795 | € 340,678 | € 427,038 | € 393,119 | ▼ 8% |
| Cash | € 44,911 | € 2,077 | € 64,765 | € 92,797 | ▲ 43% |
| Retained profit | € -45,214 | € -44,165 | € -101,737 | € -46,324 | ▲ € 55,414 |
| Bank debt | € 223,292 | € 230,040 | € 302,123 | € 259,874 | ▼ 14% |
| Balance sheet total | € 422,581 | € 436,513 | € 465,301 | € 486,795 | ▲ 5% |
Key figures of LIES MERTENS, 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 LIES MERTENS?
What happened at LIES MERTENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,414. Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,139 profit in 2022 to € 55,414 profit in 2025.
Best year ever: 2025, with € 55,414 profit.
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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 LIES MERTENS are Liesbeth Mertens and Bart Deconinck. Bart Deconinck is also behind DECOTALENT.
Directors
According to the 2025 annual accounts
Liesbeth Mertens
Director
Establishments
Establishment units
Physical locations of this company
Steenhouwersvest 6
2000 Antwerpen
Charles Hanssensstraat 15
1000 Brussel
Active since 1 October 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0689.569.931
- VAT number
- BE 0689.569.931
- Registered office
- Steenhouwersvest 6, 2000 Antwerpen
- Names & denominations
- LIES MERTENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2018
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- liesmertens.be
- Activities · NACE
Detailhandel in lederwaren en reisartikelen
Vervaardiging van koffers, tassen, zadel- en tuigmakerswerk van ongeacht welk materiaal
Groothandel in lederwaren en reisartikelen