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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Merlina C. from Sint-Niklaas, company number BE0690569427, closed financial year 2025 with a result of € 6,297 after tax. For that financial year Merlina C. recorded a gross margin of € 13,259 and equity of € 30,465. Compared with financial year 2024, the result moved from € 537 to € 6,297. 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 January 30, 2026.
€ 30,465
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,297
▲ € 5,760 vs 2024
Profit after tax over the fiscal year.
€ 1,361
▲ € 1,030 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 € 24,265.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 23,727
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,827
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,197 | € 5,942 | € 9,248 | € 13,259 | ▲ 43% |
| Profit after taxes | € -300 | € -1,775 | € 537 | € 6,297 | ▲ € 5,760 |
| Equity | € 25,407 | € 23,631 | € 24,168 | € 30,465 | ▲ 26% |
| Total debts | € 171,975 | € 148,658 | € 122,616 | € 112,829 | ▼ 8% |
| Cash | € 731 | € 71 | € 331 | € 1,361 | ▲ € 1,030 |
| Retained profit | € 19,207 | € 17,431 | € 17,968 | € 24,265 | ▲ 35% |
| Balance sheet total | € 197,381 | € 172,289 | € 146,784 | € 143,294 | ▼ 2% |
Key figures of Merlina C., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Merlina C.?
What happened at Merlina C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,297 (▲ € 5,760 vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 300 loss in 2022 to € 6,297 profit in 2025.
Paid € 10,295 in corporate taxes since 2022.
Best year ever: 2025, with € 6,297 profit.
A new publication or filing at Merlina C.? 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
Behind Merlina C. are Annabel Werbrouck and Bruno Collet. It owns 76% of Seven Seas BV itself.
Directors
According to the 2025 annual accounts
Annabel Werbrouck
Manager
Establishments
Establishment units
Physical locations of this company
Vlyminckshoek 29
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
livlina.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0690.569.427
- VAT number
- BE 0690.569.427
- Registered office
- Vlyminckshoek 29, 9100 Sint-Niklaas
- Names & denominations
- Merlina C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2018
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- livlina.eu
- Activities · NACE
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