Financials
Financial year 2025
Merford Belgium from Wommelgem, company number BE0839487092, closed financial year 2025 with a result of € 14,180 after tax. For that financial year Merford Belgium recorded a gross margin of € 639,764 and equity of € 173,146. Compared with financial year 2024, the result moved from € 17,835 to € 14,180. 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 August 28, 2026.
€ 173,146
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,180
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 393,598
▲ 61% 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 € 154,546.
People and assets in 2025
5.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 566,378
▼ 3% vs 2024
€ 103,000 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.
€ 8,869
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 409,479
▼ 2% vs 2024
€ 9,479 is repaid this year. At this pace the long-term loan is gone in ≈ 43 years.
€ 27,908
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 114,819
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 346,308 | € 596,398 | € 662,751 | € 639,764 | ▼ 3% |
| Profit after taxes | € 19,263 | € 14,622 | € 17,835 | € 14,180 | ▼ 20% |
| Equity | € 126,508 | € 141,130 | € 158,966 | € 173,146 | ▲ 9% |
| Total debts | € 59,259 | € 724,170 | € 607,567 | € 552,205 | ▼ 9% |
| Cash | € 135,625 | € 372,669 | € 243,876 | € 393,598 | ▲ 61% |
| Retained profit | € 107,908 | € 122,530 | € 140,366 | € 154,546 | ▲ 10% |
| Bank debt | € 0 | € 424,528 | € 417,306 | € 409,479 | ▼ 2% |
| Balance sheet total | € 185,767 | € 865,300 | € 766,533 | € 725,351 | ▼ 5% |
| Employees (FTE) | 3.6 | 5.9 | 5.6 | 5.5 | ▼ 0.1 |
Key figures of Merford Belgium, 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 Merford Belgium?
What happened at Merford Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,180 (▼ 20% vs 2024). filed late Source: NBB ↗
- Maria Aarts became a director. NBB
- Robert Ter Horst became a director. NBB
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,263 profit in 2022 to € 14,180 profit in 2025.
Paid € 34,751 in corporate taxes since 2022.
Best year ever: 2022, with € 19,263 profit.
On average € 116,300 of value added per employee in 2025.
Management
Behind Merford Belgium are Robert Ter Horst and Maria Aarts.
Directors
According to the 2025 annual accounts
Robert Ter Horst
Director
since 2019
Maria Aarts
Director
since 2026
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 70
2160 Wommelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.487.092
- VAT number
- BE 0839.487.092
- Registered office
- Nijverheidsstraat 70, 2160 Wommelgem
- Names & denominations
- Merford Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in overige bouwmaterialen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.
Installatie van isolatie
Beveiligingsactiviteiten, neg
Schrijnwerk
Isolatiewerkzaamheden
Diensten in verband met beveiligingssystemen