Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.7 to 1.3.
Financials
Financial year 2025
MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN from Ieper, company number BE0691608614, closed financial year 2025 with a result of € 186,996 after tax. For that financial year MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN recorded a gross margin of € 348,869 and equity of € 57,028. Compared with financial year 2024, the result moved from € 109,366 to € 186,996. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 57,028
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 186,996
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 327,940
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 186,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 62,650
▼ 34% vs 2024
€ 48,200 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.
€ 7,610
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,767
▼ 26% vs 2024
€ 92,741 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 24,792
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,554
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 395,547 | € 352,466 | € 302,908 | € 348,869 | ▲ 15% |
| Profit after taxes | € 13,238 | € 42,558 | € 109,366 | € 186,996 | ▲ 71% |
| Equity | € 55,108 | € 55,666 | € 56,032 | € 57,028 | ▲ 2% |
| Total debts | € 658,184 | € 616,150 | € 570,319 | € 564,572 | ▼ 1% |
| Cash | € 130,148 | € 184,661 | € 227,419 | € 327,940 | ▲ 44% |
| Retained profit | € 5,108 | € 5,666 | € 6,032 | € 7,028 | ▲ 17% |
| Dividend | € 12,000 | € 42,000 | € 109,000 | € 186,000 | ▲ 71% |
| Bank debt | € 562,370 | € 459,761 | € 357,153 | € 262,767 | ▼ 26% |
| Balance sheet total | € 713,292 | € 671,816 | € 626,350 | € 621,599 | ▼ 1% |
| Employees (FTE) | 3.8 | 2.7 | 1.7 | 1.3 | ▼ 0.4 |
Key figures of MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN, 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 MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN?
What happened at MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 186,996 (▲ 71% vs 2024). Source: NBB ↗
- Notaris Michael Mertens BV became a director. NBB
- Notaris Astrid Dedeurwaerdere BV became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,238 profit in 2022 to € 186,996 profit in 2025.
Paid € 4,560 in corporate taxes since 2022.
Best year ever: 2025, with € 186,996 profit.
On average € 268,400 of value added per employee in 2025.
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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 MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN are Notaris Michael Mertens BV and Notaris Astrid Dedeurwaerdere BV.
Directors
According to the 2025 annual accounts
Director · represented by Michaël Mertens
since 2018
Notaris Astrid Dedeurwaerdere BV
Director · represented by Astrid Dedeurwaerdere
since 2018
Establishments
Establishment units
Physical locations of this company
Ter Waarde 46 box 103
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →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
Barracuda
Hosting
COLT COLT Technology Services Group Limited, GB
Website info
Features
Security
Details
- Company number
- 0691.608.614
- VAT number
- BE 0691.608.614
- Registered office
- Ter Waarde 46 bus 103, 8900 Ieper
- Names & denominations
- MICHAËL MERTENS - ASTRID DEDEURWAERDERE, GEASSOCIEERDE NOTARISSEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2018
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- notaris-mertens.be
- Activities · NACE
Activiteiten van notarissen