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MAKREL

Active
Private limited company·Algemene bouw van residentiële gebouwen· 3 yrs active
Varenstraat 3 ·9180 Lokeren, Belgium
KBO/BCE: BE 0803.569.180
Watch Print / PDF
Age3 yrs
Real estate1 parcel · 589 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MAKREL is 2.0% (moderate). The 2025 annual accounts show equity of €136k and a net result of €66k. Its solvency ranks better than 92% of 1092 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 92% of 1092 peers (2025). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-05-2026, 61 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 31-05-2026 61 d early 2026-00127792
31-12-2024 31-07-2025 19-05-2025 73 d early 2025-00097859

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€66k-3.3%
Working capital€130k+128.8%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 31-05-2026 with the NBB · fiscal year 2025 · micro
€0€25k€50k€75k€100kOperating result 2024: €88k€88kNet result 2024: €68k€68kOperating result 2025: €84k€84kNet result 2025: €66k€66k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 83.7% 42.2%
better than 92% of 1092 sector peers
Net result €66k €11k
better than 91% of 1092 sector peers
Equity €136k €35k
better than 88% of 1094 sector peers
Gross operating margin €96k €30k
better than 83% of 1091 sector peers
Total assets €163k €96k
better than 67% of 1092 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€86k
-12.0% 24-25
Net profit
€66k
-3.3% 24-25
Cash flow
€68k
-12.1% 24-25
Total assets
€163k
+65.6% 24-25
Equity
€136k
+93.9% 24-25
Working capital
€130k
+128.8% 24-25
Income taxes
€18k
-11.8% 24-25
Debt
€27k
-5.2% 24-25
Show 8 other metrics
Debt ≤ 1y
€27k
-5.2% 24-25
Current ratio
5.87
+94.6% 24-25
Quick ratio
5.87
+94.6% 24-25
Solvency
83.7%
+17.1% 24-25
Debt / equity
0.20
-51.1% 24-25
ROE
48.4%
-50.1% 24-25
ROA
40.5%
-41.6% 24-25
Interest coverage
826.72
-53.9% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€86k
Net profit€66k
Cash flow€68k
Staff costs-
Income taxes€18k
Dividends-
Total assets€163k
Equity€136k
Debt€27k
of which ≤ 1y€27k
of which > 1y-
Working capital€130k
Employees (FTE)-
Ratios (computed)
2025
Current ratio5.87
Quick ratio5.87
Working capital ratio79.6%
Solvency83.7%
Debt / equity0.20
Long-term debt ratio-
Interest coverage826.72
Gross margin-
Net margin-
ROA40.5%
ROE48.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€163k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€7k
Financial fixed assets 28€5
Current assets 29/58€156k
Amounts receivable within one year 40/41€104
Cash & bank 54/58€137k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€163k
Equity 10/15€136k
Contributions / capital 10/11€2k
Reserves 13€134k
Amounts payable 17/49€27k
Amounts payable within one year 42/48€27k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€96k
Operating result 9901€84k
Financial income 75€1
Financial charges 65€104
Result before taxes 9903€84k
Income taxes 67/77€18k
Net result for the period 9904€66k
Result to be appropriated 9905€66k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Varenstraat 39180 Lokeren

Establishment units

1 location
Varenstraat 3, 9180 Lokeren
Algemene coördinatiewerkzaamheden bouwwerf
since 20232.347.573.610
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area589 m²
Buildings1
Building footprint146 m²
Volume (LiDAR)894 m³
Tallest building8.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44045H0574/00N002 Flanders 589 m² 1 · 146 m² 8.7 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health93Profitability100Solvency100Growth52Stability94
88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 100
Solvency 100
Growth 52
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 5,401 of the 29,624 companies in this sector. 4,070 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121Overige gespecialiseerde wetenschappelijke en technische activiteiten74909Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg74999
Primary activity highlighted.
Names & trade names
Legal nameNL MAKREL
Registered office
Varenstraat 3
9180 Lokeren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.