Equity
€16,744 from €70,054 in 2023
Equity fell by 76% in 2 years.
KuMarCo
Overview
Lifetime
7 annual accounts with figures on one time axispeak €64,323 (2021)
€35,593▲ 30×
lowest -€7,314 (2024)
€21,744▲ €29,058
peak €70,054 (2023)
€16,744▼ 68.3%
€38,503▲ 248%
Board1 name since 2019
1 directorMARTENS Kurt René
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €1,196 to €35,593Back to profit: €21,744Dividend €57,741Equity from €52,741 to €16,744Debts from €11,078 to €38,503Cash from €19,249 to €8,615
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Investments
€8,942 1.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.72 was 3.60 in 2024
Short-term debts rose from €11,078 to €38,503.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 22 to 32 days before the end of the period.
Position in the sector
€16,744
Less equity than 83% of companies in financial services. Sector median €124,057 · 9,778 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
32 days early
2024
22 days early
2023
30 days early
2022
27 days early
2021
30 days early
2020
39 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0728586596
Incorporation
Founder: MARTENS Kurt René · Founding capital of €10,000 · Appointment: MARTENS Kurt René (director) · published on 20-06-2019 · Gazette deed
First establishment
Paviljoendreef 30, Schilde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KuMarCo Schilde | €55,247 | €35,593 | 30.3% | - |
| PB Solutions Heist-op-den-Berg | €70,340 | €33,523 | 52.3% | - |
| GRILL Knokke-Heist | €50,380 | €37,786 | -43.4% | - |
| ALCHRI Management Lochristi | €69,104 | €38,638 | 40.9% | - |
| SLB CONSULT Knokke-Heist | €67,400 | €31,659 | 31.2% | - |
| PROMIUS EUROPE Wavre | €57,904 | €38,528 | -16.5% | - |
| ARVININE HOLDING Maaseik | €54,582 | €36,848 | 70.6% | - |
These companies have the same main activity as KuMarCo: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €50,400 and €70,300, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 18-06-2019Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.291.352.9052970 Schilde, since 18-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2025
Annual accounts 2025
- €21,744
- €16,744▼ 68.3%
- €55,247▼ 13.4%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on KuMarCo
KuMarCo files the micro format. That format states no turnover. The gross margin rose from -€854 in 2019 to €35,593 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€16,744
▼ 68.3%
€55,247
▼ 13.4%
€21,744
▲ €29,058
30.3%
▼ 52.3 percentage points
129.9%
▲ 143.7 percentage points
39.4%
▲ 50.8 percentage points
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €55,247 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
30.3%
Higher than 33% of 9,771 companies in 2025.
39.4%
Higher than 85% of 9,625 companies in 2025.
KuMarCo
Middle half of the sector
80% of the sector
Micro accounts in financial services (NACE 64)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
55,247 | 63,818 | 78,031 | 82,081 | 87,858 | 33,153 | 11,617 | |
21/28 |
27,588 | 23,933 | 24,069 | 11,225 | 11,459 | 10,250 | - | |
22/27 |
27,588 | 23,933 | 24,069 | 11,225 | 11,459 | 10,250 | - | |
23 |
828 | 1,648 | 817 | 1,677 | 947 | 1,726 | - | |
24 |
9,278 | 2,140 | 4,930 | 8,095 | 8,420 | 5,794 | - | |
26 |
17,482 | 20,146 | 18,323 | 1,453 | 2,092 | 2,730 | - | |
29/58 |
27,658 | 39,885 | 53,962 | 70,856 | 76,399 | 22,903 | 11,617 | |
40/41 |
13,696 | 9,623 | 13,112 | 8,525 | 33,045 | 3,746 | 8,632 | |
40 |
13,059 | 8,906 | 11,936 | 7,836 | 30,941 | 2,713 | 8,100 | |
41 |
637 | 716 | 1,176 | 689 | 2,105 | 1,034 | 532 | |
54/58 |
8,615 | 19,249 | 25,063 | 39,463 | 26,545 | 17,963 | 2,240 | |
490/1 |
5,347 | 11,013 | 15,787 | 22,869 | 16,809 | 1,193 | 744 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
55,247 | 63,818 | 78,031 | 82,081 | 87,858 | 33,153 | 11,617 | |
10/15 |
16,744 | 52,741 | 70,054 | 62,380 | 58,875 | 11,884 | 8,748 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | |
11 |
- | - | - | - | - | - | 10,000 | |
1100/10 |
- | - | - | - | - | - | 10,000 | |
13 |
6,744 | 42,741 | 60,054 | 52,380 | 48,875 | 1,884 | - | |
133 |
6,744 | 42,741 | 60,054 | 52,380 | 48,875 | 1,884 | - | |
14 |
0 | 0 | - | - | - | - | -1,252 | |
17/49 |
38,503 | 11,078 | 7,977 | 19,701 | 28,983 | 21,269 | 2,869 | |
42/48 |
38,503 | 11,078 | 7,977 | 19,701 | 28,983 | 21,269 | 2,869 | |
43 |
- | - | - | 92 | - | - | - | |
430/8 |
- | - | - | 92 | - | - | - | |
44 |
1,335 | 2,645 | 5,047 | 3,020 | 5,805 | 1,433 | 2,484 | |
440/4 |
1,335 | 2,645 | 5,047 | 3,020 | 5,805 | 1,433 | 2,484 | |
45 |
5,447 | 0 | 2,930 | 14,170 | 13,157 | 736 | - | |
450/3 |
5,447 | 0 | 2,930 | 14,170 | 13,157 | 736 | - | |
47/48 |
31,721 | 8,432 | - | 2,420 | 10,021 | 19,101 | 385 | |
| Income statement | ||||||||
9900 |
35,593 | 1,196 | 18,336 | 13,193 | 64,323 | 6,062 | -854 | |
630 |
5,287 | 6,752 | 6,128 | 6,269 | 4,301 | 1,737 | - | |
640/8 |
1,205 | 1,177 | 1,146 | 1,073 | 398 | 388 | 367 | |
9901 |
29,101 | -6,732 | 11,062 | 5,851 | 59,625 | 3,936 | -1,222 | |
75/76B |
- | - | - | 0 | 0 | - | - | |
75 |
- | - | - | 0 | 0 | - | - | |
65/66B |
349 | 393 | 457 | 598 | 212 | 65 | 30 | |
65 |
349 | 393 | 457 | 598 | 212 | 65 | 30 | |
9903 |
28,752 | -7,125 | 10,605 | 5,254 | 59,413 | 3,871 | -1,252 | |
67/77 |
7,008 | 189 | 2,930 | 1,749 | 12,421 | 736 | - | |
9904 |
21,744 | -7,314 | 7,675 | 3,505 | 46,991 | 3,135 | -1,252 | |
9905 |
21,744 | -7,314 | 7,675 | 3,505 | 46,991 | 3,135 | -1,252 | |
| Appropriation of the result | ||||||||
9906 |
21,744 | -7,314 | 7,675 | 3,505 | 46,991 | 1,884 | -1,252 | |
791/2 |
57,741 | 17,314 | - | - | - | - | - | |
691/2 |
21,744 | 0 | 7,675 | 3,505 | 46,991 | 1,884 | - | |
6921 |
21,744 | 0 | 7,675 | 3,505 | 46,991 | 1,884 | - | |
694/7 |
57,741 | 10,000 | - | - | - | - | - | |
694 |
57,741 | 10,000 | - | - | - | - | - | |
| Document | ||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00227612 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00254925 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00205017 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00206744 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20129878 | |
| 31-12-2020 | micro format | 22-06-2021 | 2021-22600277 | |
| 31-12-2019 | micro format | 07-07-2020 | 2020-27000186 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 8,942 | 6,616 | 18,972 | 6,035 | 5,509 | 11,987 | - | ||
| -10,634 | -5,814 | -14,400 | 12,918 | 8,582 | 15,723 | - | ||
| 30.3% | 82.6% | 89.8% | 76.0% | 67.0% | 35.8% | 75.3% | ||
| 129.9% | -13.9% | 11.0% | 5.6% | 79.8% | 26.4% | -14.3% | ||
| 39.4% | -11.5% | 9.8% | 4.3% | 53.5% | 9.5% | -10.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,942 | €6,616 | €18,972 | €6,035 | €5,509 |
| €5,287 | €6,752 | €6,128 | €6,269 | €4,301 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on KuMarCo
The operating result for 2025 is a profit of €29,101, after a loss of €6,732 in 2024. It is the highest result since 2021.
Debt's share of the balance-sheet total rises from 17.4% to 69.7%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 20-06-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Mandates through the years
1 name, the dashed line is todayMARTENS Kurt René
Director
Director
Board
Mandates as a list
- MARTENS Kurt René
- Director, appointed by deed of 20-06-2019, still in office
Control
Capital
- Contribution
- €10,000
- Source
- 2025 annual accounts
Articles of association
deed of 20-06-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 14:00
Founder
At incorporation
deed of 20-06-2019 ↗
- MARTENS Kurt René sole founder · 100% at incorporation
Network & group
No group
KuMarCo has no parent and no holdings in its annual accounts. MARTENS Kurt René is the only director. KuMarCo shares no director with another company.
Timeline
Timeline
15 events since 2019Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Back to profit net €21,744 The net result is €21,744, after one loss-making year.
Annual accounts 2024 filed PDFmicro format · 22 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0728586596
2024
Weakest financial year net -€7,314 The net result drops to -€7,314, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 30 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 27 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 30 days before the deadline
2021
Highest result from 2019 to 2025 net €46,991 ▲1,399% The operating result of €59,625 and the net result of €46,991 are both a record.
Liquidity more than doubled current ratio 2.64 The current ratio rises from 1.08 to 2.64.
Annual accounts 2020 filed PDFmicro format · 39 days before the deadline
2020
Back to profit net €3,135 The net result is €3,135, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 24 days before the deadline
2019
IncorporationFounder: MARTENS Kurt René · Founding capital of €10,000 · Appointment: MARTENS Kurt René (director) · published on 20-06-20193 points ▸
- Founder, MARTENS Kurt René
- Founding capital, €10,000
- Director appointment, MARTENS Kurt René
- The deed holds 1 more point.
First establishment Paviljoendreef 30, Schilde
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 June 2019, KuMarCo was incorporated as a private limited company.1 MARTENS Kurt René is director of the company, appointed by deed of 20-06-2019.2 Total assets went from €11,617 in 2019 to €55,247 in 2025.3
Company details
Identity
- Enterprise number
- 0728.586.596
- VAT number
- BE 0728.586.596
- Peppol ID
- 0208:0728586596
- Other Peppol ID
- 9925:BE0728586596
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-06-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 14:00deed of 20-06-2019 (in Dutch)
- Peppol
- Reachable since 02-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- KuMarCo in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-06-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Paviljoendreef 30, 2970 Schilde”deed of 20-06-2019 (in Dutch)
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Financiële consulting; Managementvennootschap; Consultancyactiviteiten; Audit; Algemene audit-activiteiten; Managementactiviteiten van…”deed of 20-06-2019 (in Dutch)
42 activities
- Financiële consulting
- Managementvennootschap;
- Consultancyactiviteiten;
- Audit
- Algemene audit-activiteiten;
- Managementactiviteiten van holdings:het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere managementactiviteiten;
- Het op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren;
- Bestuursvennootschap
- Bestuursorgaan
- Het verlenen van advies en praktische hulp aan bedrijven en personen;
- Administratiekantoor
- Het verlenen van advies en hulp aan het bedrijfsleven en de overheid op het gebied van beheer,planning,organisatie,efficiëntie,toezicht,en het verschaffen van informatie;
- Het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van boekhouding,fiscaliteit,planning,organisatie,efficiëntie,enz.;
- Managementbeheer;
- Secretariaatsbeheer;
- Publiciteitsonderneming;
- Het geven van cursussen en opleidingen,het organiseren van studiedagen en studiereizen;
- Bedrijven en administraties bijstaan,adviseren bij de uitvoering van hun activiteiten en alle dienstverlening van welke aard ook;
- Het onthaal,de omkadering,de begeleiding en het verstrekken van informatie aan personen en instellingen;
- Het bevorderen van public relations en contracten,het opstellen van programma’s en de evaluatie en realisatie ervan;
- Het verstrekken van adviezen,raadgevend bureau inzake bestuursregelingen;
- Het beleggen van eigen vermogen in schuldvorderingen,effecten en andere vermogenswaarde,in roerende en onroerende goederen,stellen van zekerheden voor schulden en verplichtingen van groepsmaatschappijen en derden,in zoverre door de wet toegestaan;
- Aan-en verkoop,verhuur,en het aanhouden van zakelijke rechten(zoals erfpacht,recht van opstal,vruchtgebruik enz.deze opsomming is niet limitatief)
- Handel van goederen zonder nadere specificatie;
- Bemiddeling in de verkoop van goederen;
- Klein-en groothandel,(import-en export,fabricatie,enz.);
- Algemene aannemingen;
- Projectontwikkeling;
- Alle verbouwing-,verfraaiing-,en herstellingswerken,alle slopingswerken,het invoegen en reinigen van gevels;
- Het beheren van roerende en onroerende goederen;
- Projectontwikkeling voor kantoorgebouwen,nieuwe woningen en appartementen,renovatiebouw,installaties,enz.;
- De verhuur van postbussen en restante,verhuur van woningen,appartementen,kantoorgebouwen en andere roerende en onroerende goederen;
- Verhuur van machines aan de bouwnijverheid;
- Het verkopen op commissies;
- Tussenpersoon in de handel;
- Marketingactiviteiten
- Handelsbemiddeling;
- Overige zakelijke dienstverlening;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan-en verkoop,huur en verhuur van roerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verplichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,zaakvoerder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Paviljoendreef 30 registered office 2970 Schilde | 18-06-2019 | 2.291.352.905 |
Buildings and parcels at the address
- Ground area
- 2,089 m²
- Buildings
- 254 m²
- Volume, LiDAR
- 1,279 m³
- Tallest building
- 7.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11041B0472/00K000 | 2,089 m² | 1 · 254 m² | 7.5 m · 2 |