MERVAR is a veterinary practice in Merksplas. Private Limited, started on 3 August 2021, 1 establishment.

What is the address of MERVAR?

The registered office of MERVAR is located at Heiseneinde 64, 2330 Merksplas.

Is MERVAR still active?

Yes. According to the CBE (29 October 2026) MERVAR is active, legal situation “Normale toestand”, started on 3 August 2021.

Is MERVAR registered on Peppol?

Yes, MERVAR is registered on the Peppol network with ID 0208:0771968956.

What is the enterprise number of MERVAR?

The enterprise number of MERVAR is BE0771968956.

When was MERVAR founded?

MERVAR was founded on 3 August 2021.

Who are the directors of MERVAR?

According to the 2025 annual accounts, the directors of MERVAR are: DAP de Letter Paul.

Is MERVAR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 August 2021; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MERVAR make in 2025?

MERVAR posted a profit after taxes of € 802,616 in financial year 2025.

What is the revenue of MERVAR?

As a small company, MERVAR is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,280,406.

How much does an employee at MERVAR earn?

The average wage cost per full-time employee at MERVAR was € 61,200 in 2025: staff costs of € 116,198 for 1.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MERVAR have?

According to the 2025 annual accounts, MERVAR has 1.9 full-time equivalents (FTE).

MERVAR (Private Limited) - Merksplas - BE0771968956

Dossier MERVAR, printed on 29 October 2026 from databakkes.be/en/0771968956/mervar. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MERVAR from Merksplas, company number BE0771968956, closed financial year 2025 with a result of € 802,616 after tax. For that financial year MERVAR recorded a gross margin of € 1.3 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 1 million to € 802,616. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.

What it is worth Healthy

€ 1.7 million

▼ 29% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 802,616

▼ 21% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 339,709

▼ 66% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

1.9

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 116,198

▲ 8% vs 2024

€ 61,200 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.

Vehicles and equipment

€ 15,508

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 311,291

▲ 36% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 68,907

▲ 148% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,218,665 Gross margin 2022: € 1,218,665 First fiscal year in the series	€ 1,575,668 Gross margin 2023: € 1,575,668 ▲ 29% vs 2022 (€ 1,218,665) Favourable step	€ 1,544,430 Gross margin 2024: € 1,544,430 ▼ 2% vs 2023 (€ 1,575,668) Unfavourable step	€ 1,280,406 Gross margin 2025: € 1,280,406 ▼ 17% vs 2024 (€ 1,544,430) Unfavourable step	▼ 17%
Profit after taxes	€ 732,050 Profit after taxes 2022: € 732,050 First fiscal year in the series	€ 1,005,900 Profit after taxes 2023: € 1,005,900 ▲ 37% vs 2022 (€ 732,050) Favourable step	€ 1,014,030 Profit after taxes 2024: € 1,014,030 ▲ 1% vs 2023 (€ 1,005,900) Favourable step	€ 802,616 Profit after taxes 2025: € 802,616 ▼ 21% vs 2024 (€ 1,014,030) Unfavourable step	▼ 21%
Equity	€ 1,368,258 Equity 2022: € 1,368,258 First fiscal year in the series	€ 1,874,158 Equity 2023: € 1,874,158 ▲ 37% vs 2022 (€ 1,368,258) Favourable step	€ 2,388,188 Equity 2024: € 2,388,188 ▲ 27% vs 2023 (€ 1,874,158) Favourable step	€ 1,690,803 Equity 2025: € 1,690,803 ▼ 29% vs 2024 (€ 2,388,188) Unfavourable step	▼ 29%
Total debts	€ 1,499,595 Total debts 2022: € 1,499,595 First fiscal year in the series	€ 1,616,522 Total debts 2023: € 1,616,522 ▲ 8% vs 2022 (€ 1,499,595) Unfavourable step	€ 552,737 Total debts 2024: € 552,737 ▼ 66% vs 2023 (€ 1,616,522) Favourable step	€ 380,198 Total debts 2025: € 380,198 ▼ 31% vs 2024 (€ 552,737) Favourable step	▼ 31%
Cash	€ 730,944 Cash 2022: € 730,944 First fiscal year in the series	€ 229,240 Cash 2023: € 229,240 ▼ 69% vs 2022 (€ 730,944) Unfavourable step	€ 1,013,742 Cash 2024: € 1,013,742 ▲ € 784,502 vs 2023 (€ 229,240) Favourable step	€ 339,709 Cash 2025: € 339,709 ▼ 66% vs 2024 (€ 1,013,742) Unfavourable step	▼ 66%
Retained profit	€ 1,363,258 Retained profit 2022: € 1,363,258 First fiscal year in the series	€ 1,869,158 Retained profit 2023: € 1,869,158 ▲ 37% vs 2022 (€ 1,363,258) Favourable step	€ 2,383,188 Retained profit 2024: € 2,383,188 ▲ 28% vs 2023 (€ 1,869,158) Favourable step	€ 1,685,803 Retained profit 2025: € 1,685,803 ▼ 29% vs 2024 (€ 2,383,188) Unfavourable step	▼ 29%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 500,000 Dividend 2023: € 500,000 ▲ 233% vs 2022 (€ 150,000) Unchanged	€ 500,000 Dividend 2024: € 500,000 Unchanged (€ 500,000) Unchanged	€ 1,500,000 Dividend 2025: € 1,500,000 ▲ 200% vs 2024 (€ 500,000) Unchanged	▲ 200%
Bank debt	€ 801,428 Bank debt 2022: € 801,428 First fiscal year in the series	€ 316,774 Bank debt 2023: € 316,774 ▼ 60% vs 2022 (€ 801,428) Favourable step	€ 93,917 Bank debt 2024: € 93,917 ▼ 70% vs 2023 (€ 316,774) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 93,917) Favourable step	▼ 100%
Balance sheet total	€ 2,867,853 Balance sheet total 2022: € 2,867,853 First fiscal year in the series	€ 3,490,680 Balance sheet total 2023: € 3,490,680 ▲ 22% vs 2022 (€ 2,867,853) Unchanged	€ 2,940,925 Balance sheet total 2024: € 2,940,925 ▼ 16% vs 2023 (€ 3,490,680) Unchanged	€ 2,071,001 Balance sheet total 2025: € 2,071,001 ▼ 30% vs 2024 (€ 2,940,925) Unchanged	▼ 30%
Employees (FTE)	-	2.4 Employees (FTE) 2023: 2.4 First fiscal year in the series	1.8 Employees (FTE) 2024: 1.8 ▼ 0.6 vs 2023 (2.4) Unchanged	1.9 Employees (FTE) 2025: 1.9 ▲ 0.1 vs 2024 (1.8) Unchanged	▲ 0.1

Key figures of MERVAR, 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 MERVAR?

What happened at MERVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 5, 2026 New annual accounts for financial year 2025: profit of € 802,616 (▼ 21% vs 2024). Source: NBB ↗
Aug 3, 2021 New establishment in Merksplas. KBO
Aug 3, 2021 Start of the company according to the CBE. KBO
2021 DAP de Letter Paul became a director. NBB

In short

From € 732,050 profit in 2022 to € 802,616 profit in 2025.

Paid € 1.2 million in corporate taxes since 2022.

Best year ever: 2024, with € 1 million profit.

On average € 673,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DIERENARTSPRAKTIJK DE LETTER PAUL 100%

The stake of DIERENARTSPRAKTIJK DE LETTER PAUL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MERVAR

Behind MERVAR is DAP de Letter Paul. The shares are held by DIERENARTSPRAKTIJK DE LETTER PAUL (100%).

Directors

According to the 2025 annual accounts

DAP de Letter Paul

Director · represented by Paul de Letter

since 2021

Shareholders

DIERENARTSPRAKTIJK DE LETTER PAUL

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Heiseneinde 64

2330 Merksplas

2.320.098.953

Veldenbergstraat 73C box 7

2330 Merksplas

Active since 3 August 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

IMMO VEPA

€ 66,648 gross margin · 2025

DIERENARTSPRAKTIJK DE LETTER PAUL same network

€ 148,318 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0771.968.956
VAT number: BE 0771.968.956
Registered office: Heiseneinde 64, 2330 Merksplas
Names & denominations: MERVAR
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 3 August 2021
Peppol: Active · Active since 14 Oct 2025
Activities · NACE: Veterinaire diensten

View on CBE Public ↗ Annual accounts (NBB) ↗