Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
Merveyl Hotel Supplies from Merchtem, company number BE0824918385, closed financial year 2025 with a result of € 32,946 after tax. For that financial year Merveyl Hotel Supplies recorded a gross margin of € 476,124 and equity of € 257,561. Compared with financial year 2024, the result moved from € 85,921 to € 32,946. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 257,561
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,946
▼ 62% vs 2024
Profit after tax over the fiscal year.
€ 169,029
▲ 60% 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 € 251,361.
People and assets in 2025
€ 400,059
▲ 32% 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.
€ 50,786
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 433,204
▲ 104% vs 2024
€ 45,025 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 350,945
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,881
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 320,698 | € 424,952 | € 517,978 | € 476,124 | ▼ 8% |
| Profit after taxes | € 16,223 | € 88,399 | € 85,921 | € 32,946 | ▼ 62% |
| Equity | € 50,294 | € 138,694 | € 224,615 | € 257,561 | ▲ 15% |
| Total debts | € 1,013,393 | € 936,128 | € 975,076 | € 1,166,953 | ▲ 20% |
| Cash | € 65,066 | € 98,121 | € 105,705 | € 169,029 | ▲ 60% |
| Retained profit | € 44,094 | € 132,494 | € 218,415 | € 251,361 | ▲ 15% |
| Bank debt | € 464,830 | € 251,661 | € 212,315 | € 433,204 | ▲ 104% |
| Balance sheet total | € 1,063,687 | € 1,074,821 | € 1,199,691 | € 1,424,514 | ▲ 19% |
Key figures of Merveyl Hotel Supplies, 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 Merveyl Hotel Supplies?
What happened at Merveyl Hotel Supplies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,946 (▼ 62% vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- Geoffroy Tutgat became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Alexandre Vandamme became a director. NBB
- Arsène Vandamme became a director. NBB
In short
From € 16,223 profit in 2022 to € 32,946 profit in 2025.
Paid € 83,894 in corporate taxes since 2022.
Best year ever: 2023, with € 88,399 profit.
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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 Merveyl Hotel Supplies are Alexandre Vandamme, Geoffroy Tutgat and Arsène Vandamme. Alexandre Vandamme is also behind CLYVAN and CICA. Arsène Vandamme is also behind AAA INVEST.
Directors
According to the 2025 annual accounts
Geoffroy Tutgat
Manager
since 2014
since 2010
Establishments
Establishment units
Physical locations of this company
Dooren 97
1785 Merchtem
de Vrièrestraat 69
1020 Brussel
Active since 13 April 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →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
Microsoft 365
Hosting
O2SWITCH, FR
DNS
OVH DNS
Domain
Domain
merveyl.com
Registered
2017-12-10
Registrar
OVH sas
Expires
2026-12-10
Website info
Features
Security
Details
- Company number
- 0824.918.385
- VAT number
- BE 0824.918.385
- Registered office
- Dooren 97, 1785 Merchtem
- Names & denominations
- Merveyl Hotel Supplies
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2010
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Handel in eigen onroerend goed
Groothandel in andere machines en werktuigen, n.e.g.