Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
DE MEREL from Kapellen, company number BE0899863951, closed financial year 2025 with a result of € 32,726 after tax. For that financial year DE MEREL recorded a gross margin of € 82,785 and equity of € -689,121. Compared with financial year 2024, the result moved from € -31,260 to € 32,726. Profitable, and profit is growing. 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 29, 2026.
€ -689,121
▲ € 32,726 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,726
▲ still € 31,260 loss in 2024
Profit after tax over the fiscal year.
€ 2,086
▼ 23% 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 € -707,671.
Debts at end 2025
€ 400,000
Loans from banks and other lenders, long and short.
€ 1,308
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,432
▲ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,625 | € 12,890 | € 19,631 | € 82,785 | ▲ € 63,154 |
| Profit after taxes | € -42,377 | € -38,895 | € -31,260 | € 32,726 | ▲ € 63,986 |
| Equity | € -651,692 | € -690,587 | € -721,847 | € -689,121 | ▲ € 32,726 |
| Total debts | € 1,210,641 | € 1,218,523 | € 1,217,153 | € 1,217,183 | |
| Cash | € 857 | € 36 | € 2,724 | € 2,086 | ▼ 23% |
| Land & buildings | € 504,162 | € 471,906 | € 439,650 | € 407,394 | ▼ 7% |
| Retained profit | € -670,242 | € -709,137 | € -740,397 | € -707,671 | ▲ € 32,726 |
| Bank debt | € 400,000 | € 400,816 | € 400,000 | € 400,000 | |
| Balance sheet total | € 558,949 | € 527,936 | € 495,306 | € 528,062 | ▲ 7% |
Key figures of DE MEREL, 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 DE MEREL?
What happened at DE MEREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,726. filed late Source: NBB ↗
- New establishment in Kapellen. KBO
- Els Carpentier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 42,377 loss in 2022 to € 32,726 profit in 2025.
Best year ever: 2025, with € 32,726 profit.
Management
Behind DE MEREL is Els Carpentier. Els Carpentier is also behind Kartonnage-Drukkerij Scaldis.
Directors
According to the 2025 annual accounts
since 2008
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 69
2950 Kapellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.863.951
- VAT number
- BE 0899.863.951
- Registered office
- Koningin Astridlaan 69, 2950 Kapellen
- Names & denominations
- DE MEREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2008
- Peppol
- Active · Active since 30 Mar 2026
- Activities · NACE
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