De Markgrave (0409.714.637): financials and annual accounts

De Markgrave

Antwerp ·KBO/BCE: BE 0409.714.637

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	8.3m	8.1m	7.8m	7.6m	6.8m	6.1m	6.0m	6.2m	5.9m	5.7m	5.5m	5.5m	5.7m	5.9m	5.9m	5.1m	4.8m	4.7m
Fixed assets`21/28`	1.5m	1.6m	1.8m	1.9m	2.0m	2.2m	2.3m	2.4m	-	2.7m	2.7m	-	3.0m	3.2m	2.9m	2.8m	3.0m	3.1m
Tangible fixed assets`22/27`	1.5m	1.6m	1.8m	1.9m	2.0m	2.2m	2.3m	2.4m	2.5m	2.7m	2.7m	2.8m	3.0m	3.2m	2.9m	2.8m	3.0m	3.1m
Land and buildings`22`	1.2m	1.4m	1.5m	1.6m	1.7m	1.8m	1.9m	2.0m	2.1m	2.2m	2.3m	2.4m	2.5m	2.7m	2.6m	2.7m	2.8m	3.0m
Plant, machinery and equipment`23`	171,522	188,627	194,916	164,676	128,459	142,965	192,881	234,029	265,429	316,639	291,394	346,303	390,056	399,728	132,524	65,136	74,691	85,056
Furniture and vehicles`24`	76,122	41,627	55,884	68,928	90,209	125,020	130,011	82,181	104,257	116,642	81,987	91,977	114,038	136,493	94,075	81,751	75,242	47,543
Other tangible fixed assets`26`	36,052	46,074	56,097	66,120	76,143	86,166	96,189	16,006	16,006	16,006	16,006	16,006	5,300	5,300	5,300	-	-	-
Assets under construction and advance payments`27`	-	1,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	10,213	9,913	9,913	10,143	8,777	7,202	8,770	7,696	150	125	125	125	125	1,043	2,501	1,583	1,503	1,483
Other financial fixed assets`284/8`	10,213	9,913	9,913	10,143	8,777	7,202	8,770	7,696	150	125	125	125	125	1,043	2,501	1,583	1,503	1,483
Amounts receivable and cash guarantees`285/8`	10,213	9,913	9,913	10,143	8,777	7,202	8,770	7,696	150	125	125	125	125	1,043	2,501	1,583	1,503	1,483
Current assets`29/58`	6.8m	6.4m	6.0m	5.7m	4.8m	3.9m	3.6m	3.9m	3.4m	3.0m	2.8m	2.7m	2.6m	2.7m	3.1m	2.3m	1.9m	1.6m
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	-	443,535	465,285	486,222	506,377	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	-	-	-	-	443,535	465,285	486,222	506,377	-	-	-
Amounts receivable within one year`40/41`	395,569	393,012	701,370	1.3m	834,722	782,045	534,590	614,050	456,267	543,163	431,700	464,024	453,397	637,626	313,636	234,124	327,995	385,544
Trade receivables`40`	158,291	134,191	162,498	286,702	172,199	168,278	217,756	189,764	151,438	173,206	105,290	148,096	134,242	107,592	102,719	122,703	121,856	114,603
Other amounts receivable`41`	237,278	258,821	538,872	1.0m	662,523	613,767	316,835	424,286	304,829	369,958	326,410	315,928	319,155	530,034	210,917	111,421	206,139	270,941
Current investments`50/53`	4.2m	5.3m	4.6m	2.9m	2.9m	2.6m	2.7m	2.6m	2.1m	1.8m	1.7m	1.3m	1.4m	1.4m	2.1m	1.7m	1.3m	1.1m
Cash at bank and in hand`54/58`	2.1m	745,512	704,672	1.6m	1.1m	490,658	372,272	667,911	843,698	652,217	660,837	464,298	262,783	180,298	179,804	313,907	227,352	62,359
Deferred charges and accrued income`490/1`	12,415	7,934	20,289	11,305	1,493	16,116	3,449	2,786	7,584	2,785	2,004	2,026	0	0	-	7,475	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	8.3m	8.1m	7.8m	7.6m	6.8m	6.1m	6.0m	6.2m	5.9m	5.7m	5.5m	5.5m	5.7m	5.9m	5.9m	5.1m	4.8m	4.7m
Equity`10/15`	6.9m	6.6m	6.4m	6.1m	5.4m	4.8m	4.6m	4.7m	4.3m	4.1m	4.2m	4.1m	4.3m	4.4m	4.7m	4.1m	4.1m	4.2m
Capital`10`	1.0m	1.0m	1.0m	1.0m	-	-	-	-	547,424	-	-	547,424	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	-	-	-	-	547,424	-	-	547,424	-	-	-	-	-	-
Reserves`13`	2.6m	2.6m	2.6m	2.5m	2.4m	-	-	-	1.2m	-	-	5,000	-	-	-	-	-	-
Profit (loss) carried forward`14`	2.6m	2.2m	2.0m	1.7m	1.6m	1.4m	1.4m	1.6m	1.5m	1.5m	1.5m	2.5m	2.5m	2.6m	2.8m	2.8m	2.8m	2.7m
Investment grants`15`	641,035	708,424	787,813	822,316	886,744	951,170	1.0m	985,227	1.0m	1.1m	1.1m	1.1m	1.2m	1.3m	1.4m	764,844	844,041	923,238
Provisions and deferred taxes`16`	312,262	335,977	361,082	300,349	279,422	235,920	195,463	159,956	200,000	200,000	-	135,756	132,838	103,896	97,699	97,699	93,143	-
Provisions for liabilities and charges`160/5`	312,262	335,977	361,082	300,349	279,422	235,920	195,463	159,956	200,000	200,000	-	135,756	132,838	103,896	97,699	97,699	93,143	-
Major repairs and maintenance`162`	312,262	335,977	321,082	300,349	279,422	235,920	195,463	159,956	200,000	200,000	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	40,000	-	-	-	-	-	-	-	0	-	132,838	103,896	97,699	97,699	93,143	-
Amounts payable`17/49`	1.1m	1.2m	1.1m	1.3m	1.1m	1.0m	1.2m	1.4m	1.3m	1.4m	1.3m	1.2m	1.3m	1.3m	1.2m	926,046	576,210	478,951
Amounts payable after more than one year`17`	102,826	120,789	137,870	154,513	170,504	185,896	200,467	214,761	228,410	241,554	254,307	266,609	278,421	289,776	100,845	120,865	140,845	160,865
Financial debts`170/4`	100,993	118,986	136,307	152,980	169,031	184,483	199,357	213,676	227,460	240,729	253,502	265,799	277,636	289,031	100,000	120,000	140,000	160,000
Credit institutions`173`	100,993	118,986	136,307	152,980	169,031	184,483	199,357	213,676	227,460	240,729	253,502	265,799	277,636	289,031	-	-	-	-
Other loans`174`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	120,000	140,000	160,000
Other amounts payable`178/9`	1,833	1,803	1,563	1,533	1,473	1,413	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	1.0m	1.0m	904,162	1.0m	843,274	832,152	1.0m	1.1m	1.1m	1.1m	1.1m	956,769	969,043	1.0m	1.1m	805,181	427,608	317,278
Current portion of amounts payable after more than one year`42`	17,993	17,321	16,674	16,051	15,451	14,874	14,319	13,784	13,269	12,773	12,296	11,837	11,395	110,969	40,000	20,000	20,000	-
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000
Other loans`439`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000
Trade debts`44`	71,789	52,682	43,728	76,502	52,298	45,514	67,600	65,254	56,176	160,592	44,993	36,429	52,281	126,488	153,368	38,962	124,495	63,430
Suppliers`440/4`	71,789	52,682	43,728	76,502	52,298	45,514	67,600	65,254	56,176	160,592	44,993	36,429	52,281	126,488	153,368	38,962	124,495	63,430
Taxes, remuneration and social security`45`	833,550	849,774	748,887	827,762	698,808	675,868	626,530	728,697	717,316	676,208	715,208	598,800	614,843	500,618	415,210	300,322	283,113	233,848
Taxes`450/3`	48,590	54,556	48,312	60,512	49,537	45,599	46,503	115,474	109,895	107,826	109,722	114,228	120,745	102,897	-	-	-	-
Remuneration and social security`454/9`	784,960	795,218	700,575	767,250	649,271	630,268	580,028	613,223	607,422	568,381	605,486	484,573	494,098	397,721	415,210	300,322	283,113	233,848
Other amounts payable`47/48`	76,717	98,446	94,873	123,145	76,717	-	-	-	309,702	-	-	309,703	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	4,402	11,668	38,029	69,809	56,942	7,665	8,194	8,704	13,017	9,371	9,826	19,536	10,685	8,662	-	-	7,757	808
Income statement
Operating income`70/76A`	6.3m	6.1m	6.1m	5.7m	5.6m	5.4m	4.9m	4.9m	-	4.5m	4.5m	-	4.3m	3.9m	3.6m	3.4m	3.2m	3.1m
Turnover`70`	602,676	554,205	573,562	561,862	1.1m	1.0m	997,625	973,641	976,479	916,544	878,138	907,067	856,421	763,334	757,325	715,558	631,533	596,329
Membership fees, donations, legacies and grants`73`	5.4m	5.4m	4.8m	4.4m	4.4m	3.8m	3.7m	3.8m	3.6m	3.4m	3.4m	3.3m	3.4m	3.0m	2.8m	2.5m	2.5m	2.4m
Other operating income`74`	234,577	188,027	704,302	717,352	133,969	-	-	-	151,717	-	-	182,403	-	-	-	-	-	-
Non-recurring operating income`76A`	4,347	19,579	11,849	1,445	3,302	426,092	30,244	257,426	-	81,294	41,365	-	90,798	106,997	71,409	67,893	34,159	66,439
Operating charges`60/66A`	6.0m	5.9m	5.9m	5.4m	5.0m	5.1m	5.1m	4.7m	-	4.6m	4.5m	-	4.5m	4.1m	3.7m	3.4m	3.4m	3.2m
Goods for resale, raw materials and consumables`60`	233,942	206,218	219,343	190,741	166,021	157,790	174,803	177,431	161,992	174,544	161,422	175,705	168,656	167,732	160,432	152,342	155,742	139,767
Purchases`600/8`	233,942	206,218	219,343	190,741	166,021	157,790	174,803	177,431	161,992	174,544	161,422	175,705	168,656	167,732	160,432	152,342	155,742	139,767
Services and other goods`61`	636,993	689,867	616,058	520,597	530,720	535,082	580,048	533,759	477,426	460,614	419,813	430,743	432,418	431,293	404,580	347,312	351,633	373,619
Remuneration, social security and pensions`62`	4.9m	4.8m	4.7m	4.4m	4.0m	4.1m	4.0m	3.8m	3.8m	3.5m	3.8m	3.5m	3.6m	3.2m	2.9m	2.7m	2.6m	2.5m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	215,357	215,260	219,138	203,868	228,177	248,476	244,447	218,038	217,510	227,426	232,782	273,275	274,028	277,228	230,112	213,765	206,292	220,115
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-8,946	8,946	-	-	-	-9,309	-1,397	-	-1,172	11,878	-	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	2,918	-	-	-	-	-	-
Other operating charges`640/8`	25,301	18,893	13,362	23,302	17,283	20,001	34,678	34,522	34,650	34,140	20,147	51,030	22,109	21,605	20,456	18,556	17,890	21,587
Non-recurring operating charges`66A`	8,826	8,165	71	5,374	35,496	3,704	2,862	619	-	1,346	1,488	-	31,104	102,651	25,706	34,470	2,121	1,067
Operating profit (loss)`9901`	299,192	228,799	251,465	267,022	586,921	337,963	-247,485	145,337	117,100	-107,139	6,319	-115,723	-216,618	-207,957	-56,291	-53,522	-161,717	-65,733
Financial income`75/76B`	87,458	84,779	49,979	58,983	98,287	16,028	23,508	74,987	-	26,415	31,535	-	49,565	64,513	51,126	44,695	36,792	36,221
Recurring financial income`75`	87,458	84,779	49,979	58,983	98,287	16,028	23,508	74,987	57,724	26,415	31,535	43,044	49,565	64,513	51,126	44,695	36,792	36,221
Income from current assets`751`	86,979	83,118	41,826	18,676	18,414	15,992	23,249	18,828	25,820	26,415	31,463	32,806	30,816	40,648	43,099	37,251	35,506	34,642
Other financial income`752/9`	479	1,661	8,153	40,307	79,873	36	259	56,159	31,905	-	72	10,238	18,749	23,865	8,027	7,444	1,286	1,579
Financial charges`65/66B`	13,178	24,434	-28,250	91,463	-4,130	43,808	-23,503	68,927	-	11,990	71,289	-	-8,266	-23,212	54,657	15,857	-127,453	258,011
Recurring financial charges`65`	13,178	24,434	-28,250	91,463	-4,130	43,808	-23,503	68,927	15,097	11,990	71,289	4,487	-8,266	-23,212	54,657	15,857	-127,453	258,011
Debt charges`650`	11,643	12,105	12,654	13,537	13,203	12,621	12,532	12,384	13,186	14,276	14,844	14,501	12,725	16,198	4,139	3,536	2,400	2,756
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)`651`	-	8,208	-44,846	72,087	-22,723	22,156	-37,893	53,333	-3,008	-4,033	55,309	-11,217	-24,713	-46,381	45,284	9,978	-133,076	251,580
Other financial charges`652/9`	1,535	4,121	3,942	5,839	5,390	9,032	1,857	3,209	4,918	1,746	1,136	1,204	3,722	6,971	5,234	2,343	3,223	3,675
Profit (loss) for the period before taxes`9903`	373,472	289,144	329,694	234,542	689,338	310,183	-200,474	151,397	-	-92,713	-33,435	-	-158,787	-120,232	-59,822	-24,684	2,528	-287,523
Profit (loss) for the period`9904`	373,472	289,144	329,694	234,542	689,338	310,183	-173,092	408,203	296,098	-12,765	6,443	-71,206	-99,094	-115,885	-14,119	8,739	34,566	-222,151
Profit (loss) for the period to be appropriated`9905`	373,472	289,144	329,694	234,542	689,338	310,183	-173,092	408,203	296,098	-12,765	6,443	-71,206	-99,094	-	-	-	-	-
Appropriation of the result
Profit (loss) to be appropriated`9906`	2.6m	2.3m	2.1m	1.8m	2.1m	1.7m	1.4m	1.9m	1.8m	1.5m	2.5m	2.5m	2.5m	-	-	-	-	-
Profit (loss) brought forward from the previous period`14P`	2.2m	2.0m	1.7m	1.6m	1.4m	-	-	-	1.5m	-	-	2.5m	-	-	-	-	-	-
Withdrawal from contributions`791`	-	-	-	8,599	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Addition to contributions`691`	18,000	17,000	78,599	100,000	550,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	63.4	62.5	63.4	61.9	61	64.7	66.8	65.4	75.5	73.3	62.3	73.5	70.1	64.5	65.8	62.2	50.8	50.5
Men (FTE)`1003`	11.6	11	10.7	10.7	10	11.4	12.9	13	-	17.6	13.4	-	18.8	17.7	-	-	-	-
Women (FTE)`1003`	51.8	51.5	52.7	51.2	51	53.3	53.9	52.4	-	55.7	48.9	-	51.3	46.8	-	-	-	-
Agency workers`1501`	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Hours worked`1013`	83,892	84,429	86,853	87,125	84,311	84,351	97,999	97,193	-	92,694	91,515	-	89,860	87,803	82,301	78,936	76,676	75,856
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	15-07-2026	2026-00302211	PDF
31-12-2024	abbreviated format	22-05-2025	2025-00103063	PDF
31-12-2023	abbreviated format	10-06-2024	2024-00121677	PDF
31-12-2022	abbreviated format	12-06-2023	2023-00123658	PDF
31-12-2021	abbreviated format	02-06-2022	2022-20043729	PDF
31-12-2020	abbreviated format	26-07-2021	2021-39700347	PDF
31-12-2019	abbreviated format	16-10-2020	2020-61900157	PDF
31-12-2018	abbreviated format	10-07-2019	2019-31800382	PDF
31-12-2017	abbreviated format	11-06-2018	2018-18200302	PDF
31-12-2016	abbreviated format	14-07-2017	2017-32700230	PDF
31-12-2015	abbreviated format	25-07-2016	2016-35200462	PDF
31-12-2014	abbreviated format	10-06-2015	2015-17800113	PDF
31-12-2013	abbreviated format	26-06-2014	2014-25200429	PDF
31-12-2012	abbreviated format	10-07-2013	2013-29100443	PDF
31-12-2011	abbreviated format	27-06-2012	2012-25200373	PDF
31-12-2010	abbreviated format	18-05-2011	2011-11900167	PDF
31-12-2009	abbreviated format	27-05-2010	2010-13400285	PDF
31-12-2008	abbreviated format	10-06-2009	2009-22100315	PDF
31-12-2007	abbreviated format	07-05-2008	2008-12300194	PDF
31-12-2006	abbreviated format	28-06-2007	2007-29400176	PDF

Year	Entries	Awarded	Paid
2025	13	€1.9m	€1.9m
2024	12	€1.4m	€1.5m
2023	15	€1.2m	€1.3m
2022	15	€4.3m	€4.2m

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	514,549	444,059	470,603	470,890	815,098	586,438	-3,038	363,375	334,610	120,287	239,101	157,552	57,410	69,272	173,821	160,243	44,575	154,382
Cash flow	588,829	504,404	548,832	438,410	917,515	558,659	71,355	626,242	513,608	214,661	239,224	202,069	174,934	161,343	215,993	222,504	240,858	-2,036
Investment in fixed assets	113,712	73,321	121,859	105,353	51,815	71,590	230,823	63,657	34,402	185,276	147,540	41,074	125,772	619,275	271,360	79,275	65,829	90,942
Change in cash	1.4m	40,840	-859,896	471,996	601,914	118,386	-295,639	-175,787	191,481	-8,620	196,539	201,515	82,485	494	-134,103	86,555	164,993	-
Working capital	5.8m	5.4m	5.1m	4.7m	3.9m	3.1m	2.6m	2.7m	2.3m	1.9m	1.7m	1.7m	1.6m	1.6m	2.0m	1.5m	1.4m	1.3m
EBIT margin	49.6%	41.3%	43.8%	47.5%	53.3%	32.5%	-24.8%	14.9%	12.0%	-11.7%	0.7%	-12.8%	-25.3%	-27.2%	-7.4%	-7.5%	-25.6%	-11.0%
Solvency	82.9%	81.6%	81.5%	79.5%	80.1%	79.2%	76.2%	75.5%	73.9%	72.1%	75.6%	75.0%	75.4%	75.6%	78.8%	79.9%	86.1%	89.7%
Current ratio	6.76	6.30	6.65	5.51	5.67	4.68	3.57	3.39	3.08	2.64	2.57	2.81	2.69	2.60	2.90	2.84	4.35	4.96
Debt to equity	0.16	0.18	0.17	0.21	0.20	0.21	0.27	0.29	0.31	0.34	0.32	0.30	0.30	0.30	0.25	0.23	0.14	0.11
ROE	5.4%	4.4%	5.2%	3.9%	12.7%	6.5%	-3.8%	8.7%	6.8%	-0.3%	0.2%	-1.7%	-2.3%	-2.6%	-0.3%	0.2%	0.8%	-5.3%
ROA	4.5%	3.6%	4.2%	3.1%	10.2%	5.1%	-2.9%	6.6%	5.0%	-0.2%	0.1%	-1.3%	-1.8%	-2.0%	-0.2%	0.2%	0.7%	-4.8%
Interest coverage	44.19	36.68	37.19	34.79	61.74	46.47	-0.24	29.34	25.38	8.43	16.11	10.86	4.51	4.28	42.00	45.32	18.57	56.02
Customer credit	96 days	88 days	103 days	186 days	57 days	59 days	80 days	71 days	57 days	69 days	44 days	60 days	57 days	51 days	50 days	63 days	70 days	70 days
Supplier credit	30 days	21 days	19 days	39 days	27 days	24 days	33 days	33 days	32 days	92 days	28 days	22 days	32 days	77 days	99 days	28 days	90 days	45 days

By activity	2018	2019	2020	2021	2022	2023	2024	2025
Reva en tehuis	-	-	-	€1,102,187	€561,862	€573,562	€554,205	€602,676
omzet REVA en tehuis	€973,641	€997,625	€1,038,873	-	-	-	-	-
Total	€973,641	€997,625	€1,038,873	€1,102,187	€561,862	€573,562	€554,205	€602,676

De Markgrave

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency82.9%

Current ratio6.76

Return on assets4.5%

Staff

Men and women82% women

Staff cost per FTE€76,718

Joined and left+3

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 55 entries, €8.8m awarded, €8.8m paid

Key figures and ratios

Revenue breakdown

By activity 2025

By geographic market 2020

By activity

By geographic market

Social balance sheet

Securities and guarantees

Investments

Auditor

Insights on De Markgrave

Next steps

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	80	77	81	84	77
full-time	24	21	20	23	21
part-time	56	56	61	61	56
in full-time equivalents	63.4	61.4	63.1	65.5	60.8
Average over the year, in full-time equivalents	63.4	62.5	63.4	61.9	61
On a permanent contract	76	73	69	68	65
Joined	16	13	31	25	11
Left	13	17	34	18	15
Training hours	1,012	1,521	963	470	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	€1,803	€1,563	€169,031	€169,031
Mortgages, amount registered	€210,500	€210,500	€210,500	€210,500	€210,500
Carrying value of the mortgaged assets	€278,575	€278,575	€278,575	€278,575	€278,575
Carrying value of the other pledged assets	€250,000	€250,000	€250,000	€250,000	€250,000

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€113,712	€73,321	€121,859	€105,353	€51,815
Depreciation and write-downs of the year	€215,357	€215,260	€219,138	€203,868	€228,177