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 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Merlin Innovation from Antwerpen, company number BE0758782203, closed financial year 2025 with a result of € 7,788 after tax. For that financial year Merlin Innovation recorded a gross margin of € 11,351 and equity of € -32,299. Compared with financial year 2024, the result moved from € -17,124 to € 7,788. Profitable, and profit is growing. 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 July 31, 2026.
€ -32,299
▲ € 7,788 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,788
▲ still € 17,124 loss in 2024
Profit after tax over the fiscal year.
€ 9,903
▲ € 9,579 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 € -34,299.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,852
▲ € 1,474 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,048
▲ € 9,791 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,443
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,723 | € 1,980 | € -14,850 | € 11,351 | ▲ € 26,201 |
| Profit after taxes | € -24,925 | € -557 | € -17,124 | € 7,788 | ▲ € 24,912 |
| Equity | € -22,406 | € -22,963 | € -40,087 | € -32,299 | ▲ € 7,788 |
| Total debts | € 64,569 | € 41,471 | € 56,808 | € 95,792 | ▲ 69% |
| Cash | € 8,988 | € 6,837 | € 324 | € 9,903 | ▲ € 9,579 |
| Retained profit | € -24,406 | € -24,963 | € -42,087 | € -34,299 | ▲ € 7,788 |
| Balance sheet total | € 42,163 | € 18,508 | € 16,722 | € 63,493 | ▲ 280% |
Key figures of Merlin Innovation, 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 Merlin Innovation?
What happened at Merlin Innovation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,788. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,925 loss in 2022 to € 7,788 profit in 2025.
Best year ever: 2025, with € 7,788 profit.
A new publication or filing at Merlin Innovation? We notify you, reason included.
Follow Merlin InnovationDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Merlin Innovation is Kevin Van De Merlen.
Directors
According to the 2025 annual accounts
Kevin Van De Merlen
Director
Establishments
Establishment units
Physical locations of this company
Frédéric Bruynseelslaan 8
2050 Antwerpen
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
one.com Mail
Hosting
ONECOM, DK
Domain
Domain
solargin.eu
Registrar
One.com A/S
Website info
Features
Security
Network
Details
- Company number
- 0758.782.203
- VAT number
- BE 0758.782.203
- Registered office
- Frédéric Bruynseelslaan 8, 2050 Antwerpen
- Names & denominations
- Merlin Innovation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2020
- Peppol
- Active · Active since 29 Dec 2025
- Contact
- solargin.eu [email protected]
- Activities · NACE
Vervaardiging van gedistilleerde dranken door distilleren, rectificeren en mengen
Groothandel in dranken, algemeen assortiment
Detailhandel in dranken, algemeen assortiment