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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Mermet Europe from Harelbeke, company number BE0896806075, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year Mermet Europe recorded revenue of € 63.9 million and equity of € 11.2 million. Compared with financial year 2024, the result moved from € -495,972 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 11.2 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ still € 495,972 loss in 2024
Profit after tax over the fiscal year.
€ 250,000
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.6 million.
People and assets in 2025
5.9
Average over the fiscal year, from the social balance sheet.
€ 588,122
€ 99,700 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.
€ 286,003
▲ € 285,923 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7.9 million
▲ € 7.7 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 280,490
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 575,507 | € 794,292 | € 745,515 | € 63,924,659 | ▲ € 63.2 million |
| Profit after taxes | € 58,387 | € 5,425,909 | € -495,972 | € 1,074,548 | ▲ € 1.6 million |
| Equity | € 5,171,153 | € 10,597,062 | € 10,101,090 | € 11,175,637 | ▲ 11% |
| Total debts | € 28,779,275 | € 30,169,178 | € 30,012,217 | € 52,250,931 | ▲ 74% |
| Cash | € 250,000 | € 250,000 | € 250,000 | € 250,000 | |
| Retained profit | € 4,571,153 | € 9,997,062 | € 9,501,090 | € 10,575,637 | ▲ 11% |
| Balance sheet total | € 33,950,428 | € 40,766,240 | € 40,113,307 | € 63,426,568 | ▲ 58% |
| Employees (FTE) | - | - | - | 5.9 |
Key figures of Mermet Europe, 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 Mermet Europe?
What happened at Mermet Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luke Antunes do Vale stepped down as director. NBB
- Frederikus Hassing stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million. Source: NBB ↗
- Luke Antunes do Vale became a director. NBB
- Frederikus Hassing became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,387 profit in 2022 to € 1.1 million profit in 2025.
Paid € 210,594 in corporate taxes since 2022.
Best year ever: 2023, with € 5.4 million profit.
Pays suppliers within 49 days on average.
A new publication or filing at Mermet Europe? We notify you, reason included.
Follow Mermet EuropeDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The shares are held by Hunter Douglas Belgium NV (100%) and Buismetaal III BV (0%). It owns 100% of SCREENPROTECTORS and 100% of COPACO SCREENWEAVERS itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2027
Luke Antunes do Vale
Director
since 2025 · until 2028
Shareholders
Buismetaal III BV
0%
Participations
SCREENPROTECTORS
100%
100%
Establishments
Establishment units
Physical locations of this company
Rijksweg 125
8531 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Details
- Company number
- 0896.806.075
- VAT number
- BE 0896.806.075
- Registered office
- Rijksweg 125, 8531 Harelbeke
- Names & denominations
- Mermet Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 2008
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
Groothandel in overig textiel
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Activiteiten van holdings
Bewerken en spinnen van textielvezels
Vervaardiging van ongeweven stoffen en artikelen van ongeweven stoffen
Groothandel in weefsels, stoffen en fournituren
+3