Financials
Financial year 2025
MERVIN from Tessenderlo-Ham, company number BE0845201184, closed financial year 2025 with a result of € 298,688 after tax. For that financial year MERVIN recorded a gross margin of € 521,677 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 235,541 to € 298,688. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.3 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 298,688
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 341,053
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 149,621 paid out
50 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 75,784
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,491
▼ 30% vs 2024
€ 12,306 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,395
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,640
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 377,459 | € 361,226 | € 422,544 | € 521,677 | ▲ 23% |
| Profit after taxes | € 205,864 | € 208,422 | € 235,541 | € 298,688 | ▲ 27% |
| Equity | € 925,552 | € 1,070,725 | € 1,193,815 | € 1,342,883 | ▲ 12% |
| Total debts | € 546,322 | € 499,089 | € 442,424 | € 427,839 | ▼ 3% |
| Cash | € 203,249 | € 418,626 | € 318,809 | € 341,053 | ▲ 7% |
| Land & buildings | € 807,847 | € 751,989 | € 716,845 | € 664,112 | ▼ 7% |
| Retained profit | € 919,352 | € 1,064,525 | € 1,187,615 | € 1,336,683 | ▲ 13% |
| Dividend | € 11,698 | € 63,248 | € 112,451 | € 149,621 | ▲ 33% |
| Bank debt | € 169,286 | € 119,415 | € 89,156 | € 62,491 | ▼ 30% |
| Balance sheet total | € 1,471,874 | € 1,569,814 | € 1,636,239 | € 1,770,721 | ▲ 8% |
Key figures of MERVIN, 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 MERVIN?
What happened at MERVIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 298,688 (▲ 27% vs 2024). Source: NBB ↗
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 205,864 profit in 2022 to € 298,688 profit in 2025.
Paid € 447,284 in corporate taxes since 2022.
Best year ever: 2025, with € 298,688 profit.
Paid out € 337,018 in dividends to the owners in total.
Management
Behind MERVIN are Daniël Van den Branden and Martine Meuws. Daniël Van den Branden is also behind TECHNICAS and ISOBUILD HOBOKEN. Martine Meuws is also behind GRL Glass Recycling, GRL Logistics, Begeleidingsdienst Limburgs Mijngebied, Denuo and GRL HOLDING.
Directors
According to the 2025 annual accounts
Martine Meuws
Director
Also active at: GRL Glass Recycling, GRL Logistics, Begeleidingsdienst Limburgs Mijngebied, Denuo, GRL HOLDING
Establishments
Establishment units
Physical locations of this company
Gerhees 45
3945 Tessenderlo-Ham
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.201.184
- VAT number
- BE 0845.201.184
- Registered office
- Gerhees 45, 3945 Tessenderlo-Ham
- Names & denominations
- MERVIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2012
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
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