Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
Financials
Financial year 2025
NICO MERTENS from Wortegem-Petegem, company number BE0745795584, closed financial year 2025 with a result of € -14,006 after tax. For that financial year NICO MERTENS recorded a gross margin of € -2,453 and equity of € -12,806. Compared with financial year 2024, the result moved from € 14,567 to € -14,006. 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 June 18, 2026.
€ -12,806
▼ € 14,006 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,006
▼ still € 14,567 profit in 2024
Profit after tax over the fiscal year.
€ 85,649
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,006.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,962
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,179
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 993
▼ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,303 | € 18,328 | € 27,749 | € -2,453 | ▼ € 30,202 |
| Profit after taxes | € -3,709 | € 10,393 | € 14,567 | € -14,006 | ▼ € 28,573 |
| Equity | € -13,049 | € -2,656 | € 1,200 | € -12,806 | ▼ € 14,006 |
| Total debts | € 139,809 | € 124,358 | € 113,460 | € 140,980 | ▲ 24% |
| Cash | € 76,808 | € 74,124 | € 75,269 | € 85,649 | ▲ 14% |
| Land & buildings | € 10,413 | € 9,363 | € 8,312 | € 7,261 | ▼ 13% |
| Retained profit | € -14,249 | € -3,856 | € 0 | € -14,006 | |
| Dividend | € 0 | € 0 | € 10,711 | € 0 | ▼ 100% |
| Balance sheet total | € 126,761 | € 121,703 | € 114,660 | € 128,174 | ▲ 12% |
Key figures of NICO 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 NICO MERTENS?
What happened at NICO MERTENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,006 (▼ € 28,573 vs 2024). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Milo Meskens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,709 loss in 2022 to € 14,006 loss in 2025.
Paid € 3,255 in corporate taxes since 2022.
Best year ever: 2024, with € 14,567 profit.
Paid out € 10,711 in dividends to the owners in total.
Management
Behind NICO MERTENS is Milo Meskens.
Directors
According to the 2025 annual accounts
Milo Meskens
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Karmstraat(O.) 22
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.795.584
- VAT number
- BE 0745.795.584
- Registered office
- Karmstraat(O.) 22, 9790 Wortegem-Petegem
- Names & denominations
- NICO MERTENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2020
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Beoefening van uitvoerende kunsten door artistieke ensembles
Organisatie van congressen en beurzen
Overige vormen van onderwijs
Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg
Detailhandel in cultuur- en recreatieartikelen, neg
Overige ondersteunende activiteiten voor de uitvoerende kunsten
Detailhandel in audio- en video-opnamen in gespecialiseerde winkels