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 2 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERCABAYO from Oostende, company number BE0783467119, closed financial year 2025 with a result of € 37,915 after tax. For that financial year MERCABAYO recorded a gross margin of € 1.2 million and equity of € -52,415. Compared with financial year 2024, the result moved from € -205,525 to € 37,915. 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 March 29, 2026.
€ -52,415
▲ € 37,915 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,915
▲ still € 205,525 loss in 2024
Profit after tax over the fiscal year.
€ 824,555
▲ 99% 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 € -602,415.
People and assets in 2025
22.4
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 699,806
▲ 75% vs 2024
€ 31,200 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.
Debts at end 2025
€ 1.9 million
▼ 14% vs 2024
€ 565,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 885,735
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,426
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 423,668 | € 691,715 | € 1,221,246 | ▲ 77% |
| Profit after taxes | € -434,805 | € -205,525 | € 37,915 | ▲ € 243,439 |
| Equity | € 115,195 | € -90,329 | € -52,415 | ▲ € 37,915 |
| Total debts | € 3,213,071 | € 3,170,474 | € 3,076,112 | ▼ 3% |
| Cash | € 201,381 | € 414,973 | € 824,555 | ▲ 99% |
| Retained profit | € -434,805 | € -640,329 | € -602,415 | ▲ € 37,915 |
| Bank debt | € 2,542,556 | € 2,258,316 | € 1,933,315 | ▼ 14% |
| Balance sheet total | € 3,328,266 | € 3,080,144 | € 3,023,697 | ▼ 2% |
| Employees (FTE) | 10 | 25.8 | 22.4 | ▼ 3.4 |
Key figures of MERCABAYO, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MERCABAYO?
What happened at MERCABAYO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,915. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Fraeyman Invest BV became a director. NBB
In short
From € 434,805 loss in 2023 to € 37,915 profit in 2025.
Best year ever: 2025, with € 37,915 profit.
On average € 54,500 of value added per employee in 2025.
Management
The stake of FRAEYMAN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MERCABAYOBehind MERCABAYO is Fraeyman Invest BV. The shares are held by FRAEYMAN INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Paul Fraeyman
Also active at: Mercadino, MERCAPLAZA, MERCADELTA, MERCASANA
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hendrik Baelskaai 25 box 12.01
8400 Oostende
Pand 254
8790 Waregem
Active since 16 March 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Propagandavereniging voor Meer Vischverbruik
Fonds de compensation pour jours fériés payés dans l'exploitation de debardage et de triage de poissons-compensatie fonds
Nationale Beroepsvereniging van Meubelvertegenwoordigers
1 n 2
€ 29,126 gross margin · 2025
YVES VAN MALDEGHEM
€ 142,814 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.467.119
- VAT number
- BE 0783.467.119
- Registered office
- Hendrik Baelskaai 25 bus 12.01, 8400 Oostende
- Names & denominations
- MERCABAYO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 March 2022
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)