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 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MERTHO INVEST GROUP from Zandhoven, company number BE0802692420, closed financial year 2025 with a result of € -110,299 after tax. For that financial year MERTHO INVEST GROUP recorded a gross margin of € -1,857 and equity of € -106,555. Compared with financial year 2024, the result moved from € -2,793 to € -110,299. 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 August 18, 2026.
€ -106,555
▼ € 110,299 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -110,299
▼ 3850 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,228
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -116,555.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,827
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,602 | € -2,121 | € -1,857 | ▲ € 264 |
| Profit after taxes | € -3,463 | € -2,793 | € -110,299 | ▼ € 107,506 |
| Equity | € 1,537 | € 3,744 | € -106,555 | ▼ € 110,299 |
| Total debts | € 674,439 | € 803,159 | € 950,858 | ▲ 18% |
| Cash | € 10,135 | € 2,911 | € 1,228 | ▼ 58% |
| Retained profit | € -3,463 | € -6,256 | € -116,555 | ▼ € 110,299 |
| Balance sheet total | € 675,975 | € 806,903 | € 844,304 | ▲ 5% |
Key figures of MERTHO INVEST GROUP, fiscal years 2023 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 MERTHO INVEST GROUP?
What happened at MERTHO INVEST GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 110,299. filed late Source: NBB ↗
- New establishment in Zandhoven. KBO
- Luc Thollebeek became a director. NBB
- Denisimmo BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,463 loss in 2023 to € 110,299 loss in 2025.
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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 MERTHO INVEST GROUP are Luc Thollebeek and Denisimmo BV. It owns 50% of Bergro and 50% of Bercon itself.
Directors
According to the 2025 annual accounts
Luc Thollebeek
Director
Also active at: Royalton Group, BERTHOUT, ERDE, ROYALTON HOUSING, IMMO IQ, Ambouw, Thomore Invest, ATV Invest Group +17 more
since 2023
Director · represented by Mergen Erol
since 2023
Establishments
Establishment units
Physical locations of this company
Oelegembaan 7
2240 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Royalton Group same network
€ -1,693 gross margin · 2025
ROYALTON HOUSING same network
€ -22,330 gross margin · 2024
Ambouw same network
€ -9,410 gross margin · 2025
Thomore Invest same network
€ -41,390 gross margin · 2024
ATV Invest Group same network
€ -22,395 gross margin · 2025
+31 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
- 0802.692.420
- VAT number
- BE 0802.692.420
- Registered office
- Oelegembaan 7, 2240 Zandhoven
- Names & denominations
- MERTHO INVEST GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2023
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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