MERAD is a bakery in Gent. Private Limited, started on 19 March 2010, 1 establishment.

What is the address of MERAD?

The registered office of MERAD is located at Francisco Ferrerlaan 134, 9000 Gent.

Is MERAD still active?

Yes. According to the CBE (2 November 2026) MERAD is active, legal situation “Normale toestand”, started on 19 March 2010.

Is MERAD registered on Peppol?

Yes, MERAD is registered on the Peppol network with ID 0208:0824125262.

What is the enterprise number of MERAD?

The enterprise number of MERAD is BE0824125262.

When was MERAD founded?

MERAD was founded on 19 March 2010.

Is MERAD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 March 2010; 5 annual accounts filed, latest fiscal year 2025; 1 events from the Belgian Official Gazette processed.

How much profit did MERAD make in 2025?

MERAD recorded a loss after taxes of € 27,470 in financial year 2025.

What is the revenue of MERAD?

As a small company, MERAD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 84,766.

MERAD (Private Limited) - Gent - BE0824125262

Dossier MERAD, printed on 3 November 2026 from databakkes.be/en/0824125262/merad. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MERAD from Gent, company number BE0824125262, closed financial year 2025 with a result of € -27,470 after tax. For that financial year MERAD recorded a gross margin of € 84,766 and equity of € -3,763. Compared with financial year 2024, the result moved from € 3,082 to € -27,470. 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 October 27, 2026.

What it is worth Caution

€ -3,763

▼ € 27,470 vs 2024

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

Loss Caution

€ -27,470

▼ still € 3,082 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,076

▲ 27% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -19,363.

People and assets in 2025

Wage cost

€ 111,870

▲ 33% vs 2024

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

€ 41,281

▲ € 37,200 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 38,124

▲ € 38,087 vs 2024

€ 7,778 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 17,258

▲ 155% vs 2024

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

Taxes and wages

€ 29,771

▲ 30% 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	€ 26,470 Gross margin 2022: € 26,470 First fiscal year in the series	€ 53,777 Gross margin 2023: € 53,777 ▲ 103% vs 2022 (€ 26,470) Favourable step	€ 92,227 Gross margin 2024: € 92,227 ▲ 71% vs 2023 (€ 53,777) Favourable step	€ 84,766 Gross margin 2025: € 84,766 ▼ 8% vs 2024 (€ 92,227) Unfavourable step	▼ 8%
Profit after taxes	€ 2,445 Profit after taxes 2022: € 2,445 First fiscal year in the series	€ 4,031 Profit after taxes 2023: € 4,031 ▲ 65% vs 2022 (€ 2,445) Favourable step	€ 3,082 Profit after taxes 2024: € 3,082 ▼ 24% vs 2023 (€ 4,031) Unfavourable step	€ -27,470 Profit after taxes 2025: € -27,470 ▼ € 30,552 vs 2024 (€ 3,082) Unfavourable step	▼ € 30,552
Equity	€ 18,143 Equity 2022: € 18,143 First fiscal year in the series	€ 20,808 Equity 2023: € 20,808 ▲ 15% vs 2022 (€ 18,143) Favourable step	€ 23,707 Equity 2024: € 23,707 ▲ 14% vs 2023 (€ 20,808) Favourable step	€ -3,763 Equity 2025: € -3,763 ▼ € 27,470 vs 2024 (€ 23,707) Unfavourable step	▼ € 27,470
Total debts	€ 22,200 Total debts 2022: € 22,200 First fiscal year in the series	€ 34,208 Total debts 2023: € 34,208 ▲ 54% vs 2022 (€ 22,200) Unfavourable step	€ 29,749 Total debts 2024: € 29,749 ▼ 13% vs 2023 (€ 34,208) Favourable step	€ 86,032 Total debts 2025: € 86,032 ▲ 189% vs 2024 (€ 29,749) Unfavourable step	▲ 189%
Cash	€ 15,562 Cash 2022: € 15,562 First fiscal year in the series	€ 4,541 Cash 2023: € 4,541 ▼ 71% vs 2022 (€ 15,562) Unfavourable step	€ 6,363 Cash 2024: € 6,363 ▲ 40% vs 2023 (€ 4,541) Favourable step	€ 8,076 Cash 2025: € 8,076 ▲ 27% vs 2024 (€ 6,363) Favourable step	▲ 27%
Retained profit	€ 2,543 Retained profit 2022: € 2,543 First fiscal year in the series	€ 5,208 Retained profit 2023: € 5,208 ▲ 105% vs 2022 (€ 2,543) Favourable step	€ 8,107 Retained profit 2024: € 8,107 ▲ 56% vs 2023 (€ 5,208) Favourable step	€ -19,363 Retained profit 2025: € -19,363 ▼ € 27,470 vs 2024 (€ 8,107) Unfavourable step	▼ € 27,470
Bank debt	€ 5,868 Bank debt 2022: € 5,868 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 5,868) Favourable step	€ 36 Bank debt 2024: € 36 Unchanged (€ 0) Unfavourable step	€ 38,124 Bank debt 2025: € 38,124 ▲ € 38,087 vs 2024 (€ 36) Unfavourable step	▲ € 38,087
Balance sheet total	€ 40,342 Balance sheet total 2022: € 40,342 First fiscal year in the series	€ 55,016 Balance sheet total 2023: € 55,016 ▲ 36% vs 2022 (€ 40,342) Unchanged	€ 53,456 Balance sheet total 2024: € 53,456 ▼ 3% vs 2023 (€ 55,016) Unchanged	€ 82,269 Balance sheet total 2025: € 82,269 ▲ 54% vs 2024 (€ 53,456) Unchanged	▲ 54%

Key figures of MERAD, 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 MERAD?

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

Oct 27, 2026 New annual accounts for financial year 2025: loss of € 27,470 (▼ € 30,552 vs 2024). filed late Source: NBB ↗
Apr 1, 2010 New establishment in Gent. KBO
Mar 31, 2010 Incorporation, published in the Gazette. Source: Staatsblad ↗

In short

From € 2,445 profit in 2022 to € 27,470 loss in 2025.

Paid € 14,559 in corporate taxes since 2022.

Best year ever: 2023, with € 4,031 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Francisco Ferrerlaan 134

9000 Gent

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

Shareholders according to the Official Gazette deeds

Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.

Incorporation

31 March 2010 Source: Deed ↗

DOGAN, Ahmet(oprichter) 75.3%
DOGAN, Rukiye(oprichter) 24.7%

Details

Company number

0824.125.262

VAT number

BE 0824.125.262

Registered office

Francisco Ferrerlaan 134, 9000 Gent

Names & denominations

MERAD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 March 2010

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk

Detailhandel in brood en banketbakkerswerk (koude bakkers)

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗