Financials
Financial year 2026
MERULA from Kapellen, company number BE0694908592, closed financial year 2026 with a result of € 87,841 after tax. For that financial year MERULA recorded a gross margin of € 117,554 and equity of € 117,749. Compared with financial year 2025, the result moved from € 207,907 to € 87,841. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 117,749
▲ 294% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,841
▼ 58% vs 2025
Profit after tax over the fiscal year.
€ 124,361
▼ 37% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 97,749.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 3,335
▲ 130% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 4,155
▼ 86% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 269,357 | € 268,085 | € 296,438 | € 117,554 | ▼ 60% |
| Profit after taxes | € 193,893 | € 188,485 | € 207,907 | € 87,841 | ▼ 58% |
| Equity | € 59,523 | € 22,000 | € 29,907 | € 117,749 | ▲ 294% |
| Total debts | € 194,396 | € 244,650 | € 213,535 | € 8,890 | ▼ 96% |
| Cash | € 153,173 | € 183,037 | € 196,542 | € 124,361 | ▼ 37% |
| Retained profit | € 39,523 | € 2,000 | € 9,907 | € 97,749 | ▲ € 87,841 |
| Dividend | € 185,000 | € 226,008 | € 200,000 | € 0 | ▼ 100% |
| Balance sheet total | € 253,919 | € 266,650 | € 243,442 | € 126,639 | ▼ 48% |
Key figures of MERULA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 2 March 2028.
What happened to MERULA?
What happened at MERULA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 87,841 (▼ 58% vs 2025). Source: NBB ↗
- Eric Demaerel became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 193,893 profit in 2023 to € 87,841 profit in 2026.
Paid € 205,777 in corporate taxes since 2023.
Best year ever: 2025, with € 207,907 profit.
Paid out € 611,008 in dividends to the owners in total.
A new publication or filing at MERULA? 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 MERULA is Eric Demaerel. Eric Demaerel is also behind OVERSEAS DISTRIBUTION COMPANY, DETRACO INTERNATIONAL and DEMACO MANAGEMENT.
Directors
According to the 2026 annual accounts
Eric Demaerel
Director
Also active at: OVERSEAS DISTRIBUTION COMPANY, DETRACO INTERNATIONAL, DEMACO MANAGEMENT
since 2020
Establishments
Establishment units
Physical locations of this company
Hoogboomsteenweg 60
2950 Kapellen
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
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0694.908.592
- VAT number
- BE 0694.908.592
- Registered office
- Hoogboomsteenweg 60, 2950 Kapellen
- Names & denominations
- MERULA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2018
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- parketwerk.be
- Activities · NACE
Activiteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering