Ken Vanmarcke
ActiveKen Vanmarcke has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €24k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 48% of 2267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▼-46
Growth58▲+6
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.88 in 2024), and 74.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
25.9%
Return on assets
33.1%
Age of the figures
8 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 01-04-2026, 121 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
121 d early
2024
44 d early
2023
29 d late
2022
28 d early
2021
51 d early
2020
47 d early
2019
24 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 46.2%
2024 · €35k
2018: €29k
2019: €38k
2020: €54k
2021: €37k
2022: €35k
2023: €37k
2024: €35k
2018 → 2025
Total assets
€73k▲ 0.8%
2024 · €73k
2018: €32k
2019: €48k
2020: €95k
2021: €102k
2022: €82k
2023: €84k
2024: €73k
2018 → 2025
Net result
€24k▲ 55.6%
2024 · €16k
2018: €19k
2019: €9k
2020: €16k
2021: €347
2022: €-2k
2023: €20k
2024: €16k
2018 → 2025
Working capital
€12k▼ 56.4%
2024 · €28k
2018: €29k
2019: €37k
2020: €31k
2021: €21k
2022: €19k
2023: €24k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€35k▼ 6.2%€37k▲ 6.6%€35k▼ 5.0%€19k▼ 46.2%
Operating result€3k-€-2k€27k€21k▼ 20.4%€32k▲ 49.9%
Net result€347-€-2k€20k€16k▼ 21.2%€24k▲ 55.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 50% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€10k▼ 20.4%
Current assets
€63k▲ 5.3%
Equity and liabilities €73k
Equity
€19k▼ 46.2%
Debt
€54k▲ 45.0%
The debt ratio rises from 51.5% to 74.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€37k▲
2024 · €31k
Cash flow
€29k▲
2024 · €25k
Solvency
25.9%▼
2024 · 48.5%
Current ratio
1.24▼
2024 · 1.88
Quick ratio
1.23▼
2024 · 1.86
Debt / equity
2.86▲
2024 · 1.06
ROE
127.6%▲
2024 · 44.1%
ROA
33.1%▲
2024 · 21.4%
Interest coverage
27.56▲
2024 · 19.04
Debt
€54k▲
2024 · €37k
Debt ≤ 1 year
€51k▲
2024 · €32k
Income taxes
€7k▲
2024 · €5k
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€73k€73k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€60k€63k▲
Amounts receivable after more than one year29€15k€15k=
Other amounts receivable291€15k€15k=
Stocks and contracts in progress3€383€383=
Stocks30/36€383€383=
Amounts receivable within one year40/41€38k€37k▼
Trade receivables40€35k€34k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€6k€11k▲
Deferred charges and accrued income490/1€52€54▲
Equity and liabilities
Total equity and liabilities10/49€73k€73k▲
Equity10/15€35k€19k▼
Contributions10/11€19k€19k=
Reserves13€17k€347▼
Distributable reserves133€17k€347▼
Amounts payable17/49€37k€54k▲
Amounts payable within one year42/48€32k€51k▲
Financial debts43€189€59▼
Credit institutions430/8€189€59▼
Trade debts44€973€2k▲
Suppliers440/4€973€2k▲
Taxes, remuneration and social security45€1k€725▼
Taxes450/3€1k€725▼
Other amounts payable47/48€30k€48k▲
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€770€792▲
Gross operating margin9900€31k€38k▲
Operating profit (loss)9901€21k€32k▲
Financial income75/76B€443€425▼
Recurring financial income75€443€425▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€20k€31k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€16k€24k▲
Profit (loss) for the period to be appropriated9905€16k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€24k▲
Transfer from equity791/2€2k€16k▲
Profit to be distributed694/7€17k€40k▲
Return on contributions (dividend)694€17k€40k▲
The notes to these accounts (6 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €24k ▲55.6%
Operating result €32k, net result €24k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k ▼764%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Avelgem · 1 establishment unit since 2017
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.
Oude Plaats 18581 AvelgemGround area
814 m²
Building footprint
156 m²
Parcel 34020B0151/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
KEN VANMARCKE
since 20172.269.016.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34020B0151/00L000 | Flanders | 814 m² | 1 · 156 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
La Conciergerie Liégeoise
BE 0639.814.869
Braives · Eq €19k
ROSS AD
BE 0629.762.602
Vorst · Eq €19k
BOSAKKERHOEVE
BE 0838.929.937
Zele · Eq €19k
ILSE HEYLEN JUDO ACADEMY
BE 0663.566.211
Geraardsbergen · Eq €19k
Girinon Performance Horses
BE 1007.387.164
Putte · Eq €19k
Of 3,867 companies in sector 93199 we hold annual accounts for 602. 408 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2017
Fiscal year end31-12
Activities, NACEBEL
93199Other sports activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.