ALGEMENE BOUWONDERNEMING MARCOEN
ActiveALGEMENE BOUWONDERNEMING MARCOEN has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €18k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+7
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 9.13 against 10.42 in 2024; short-term debt: 10.7% and cash: 78.4% of total assets), and 10.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.3%
Return on assets
6.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
2 d early
2023
7 d late
2022
3 d early
2021
12 d early
2020
59 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€261k▲ 7.5%
2024 · €243k
2018: €322k
2019: €335k
2020: €336k
2021: €293k
2022: €252k
2023: €239k
2024: €243k
2018 → 2025
Total assets
€292k▲ 9.4%
2024 · €267k
2018: €601k
2019: €593k
2020: €572k
2021: €483k
2022: €435k
2023: €318k
2024: €267k
2018 → 2025
Net result
€18k▲ 405%
2024 · €4k
2018: €16k
2019: €13k
2020: €512
2021: €-43k
2022: €-40k
2023: €-13k
2024: €4k
2018 → 2025
Working capital
€253k▲ 11.4%
2024 · €227k
2018: €293k
2019: €253k
2020: €261k
2021: €229k
2022: €209k
2023: €216k
2024: €227k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€293k-€252k▼ 13.8%€239k▼ 5.2%€243k▲ 1.5%€261k▲ 7.5%
Operating result€-42k-€-40k▲ 5.6%€-12k▲ 68.9%€4k€18k▲ 346%
Net result€-43k-€-40k▲ 6.0%€-13k▲ 67.3%€4k€18k▲ 405%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 346% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €292k
Fixed assets
€8k▼ 50.0%
Current assets
€284k▲ 13.1%
Equity and liabilities €292k
Equity
€261k▲ 7.5%
Debt
€31k▲ 29.0%
The debt ratio rises from 9.0% to 10.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €12k
Cash flow
€26k▲
2024 · €11k
Solvency
89.3%▼
2024 · 91.0%
Current ratio
9.13▼
2024 · 10.42
Quick ratio
9.02▼
2024 · 10.42
Debt / equity
0.12▲
2024 · 0.10
ROE
7.0%▲
2024 · 1.5%
ROA
6.2%▲
2024 · 1.3%
Interest coverage
124.46▲
2024 · 22.64
Debt
€31k▲
2024 · €24k
Debt ≤ 1 year
€31k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€267k€292k▲
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€15k€8k▼
Furniture and vehicles24€15k€8k▼
Current assets29/58€251k€284k▲
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€635-
Other amounts receivable41€635-
Current investments50/53€51k€51k=
Cash at bank and in hand54/58€197k€229k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€267k€292k▲
Equity10/15€243k€261k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€213k€213k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€180k€180k=
Profit (loss) carried forward14€-32k€-14k▲
Amounts payable17/49€24k€31k▲
Amounts payable within one year42/48€24k€31k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Other amounts payable47/48€23k€26k▲
Income statement
Code20242025
Non-recurring operating income76A-€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€989€652▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€17k€27k▲
Operating profit (loss)9901€4k€18k▲
Financial charges65/66B€520€209▼
Recurring financial charges65€520€209▼
Profit (loss) for the period before taxes9903€4k€18k▲
Profit (loss) for the period9904€4k€18k▲
Profit (loss) for the period to be appropriated9905€4k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-14k▲
Profit (loss) brought forward from the previous period14P€-36k€-32k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €18k ▲405%
Net result €18k, the highest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 10.42
Current ratio from 3.75 to 10.42; short-term debt falls from €79k to €24k.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-43k ▼8485%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortenaken · 1 establishment unit since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baaistraat 683470 KortenakenGround area
3,091 m²
Building footprint
375 m²
Volume, LiDAR
1,673 m³
Parcel 24091A0169/00K000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MARCOEN TYTELEERS
since 19782.017.396.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24091A0169/00K000 | Flanders | 3,091 m² | 1 · 375 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
RENNIBO
BE 0808.613.576
Aalst · Eq €261k
MARNICK BRONSELAER
BE 0869.464.349
Aalst · Eq €261k
ALGEMEEN BOUWEDRIJF VAN LAER
BE 0443.939.108
Kasterlee · Eq €261k
BISSCHOP JAN
BE 0807.278.837
Vleteren · Eq €261k
VAN HYFTE REAL ESTATE
BE 0799.145.980
Maldegem · Eq €261k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 11,378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-12-1977
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43331Floor and wall tiling
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC11001831/03.06) (23523) APOTHEEK BUYSE, naamloze vennootschap, Stationsstraat 41, 8480 EERNEGEM Ondernemingsnummer 0421.062.350 De aandeelhouder worden uitgenodigd tot de gewone algemene vergadering die zal gehouden worden op zaterdag 19 juni 2010, om 17 uur, in de zetel van de vennootschap. Agenda : 1. Toepassing art. 523 W. Venn. 2. Jaarverslag en vraagstelling. 3. Goedkeuring balans en resultatenrekening per 31/12/2009. 4. Bestemming resultaat. 5. Kwij- ting bestuurders. 6. Vergoeding bestuurders. 7. Benoeming bestuurders. 8. Waarderingsregels. 9. Diversen. De aandeelhouders worden verzocht zic ...