MARC VERBEKE
ActiveSummary
MARC VERBEKE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €265k and a net result of €20k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 8.49 against 8.24 in 2024; short-term debt: 11.7% and cash: 35.9% of total assets), and 12.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
87.6%
Return on assets
6.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €265k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
21 d late
2023
47 d early
2022
11 d late
2021
5 d early
2020
17 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€265k▲ 8.2%
2024 · €245k
2018: €276k
2019: €319k▲ +15.6% vs 2018
2020: €331k▲ +3.9% vs 2019highest in 8 years
2021: €242k▼ -26.9% vs 2020
2022: €219k▼ -9.5% vs 2021lowest in 8 years
2023: €224k▲ +2.3% vs 2022
2024: €245k▲ +9.4% vs 2023
2025: €265k▲ +8.2% vs 2024
2018 → 2025
Total assets
€303k▲ 8.6%
2024 · €279k
2018: €336k
2019: €395k▲ +17.4% vs 2018highest in 8 years
2020: €371k▼ -5.9% vs 2019
2021: €284k▼ -23.4% vs 2020
2022: €256k▼ -9.9% vs 2021lowest in 8 years
2023: €261k▲ +1.8% vs 2022
2024: €279k▲ +6.9% vs 2023
2025: €303k▲ +8.6% vs 2024
2018 → 2025
Net result
€20k▼ 5.2%
2024 · €21k
2018: €43k
2019: €49k▲ +15.6% vs 2018highest in 8 years
2020: €35k▼ -28.9% vs 2019
2021: €-38k▼ -208% vs 2020lowest in 8 years
2022: €6k▲ +115% vs 2021
2023: €5k▼ -12.4% vs 2022
2024: €21k▲ +327% vs 2023
2025: €20k▼ -5.2% vs 2024
2018 → 2025
Working capital
€265k▲ 8.6%
2024 · €244k
2018: €268k
2019: €344k▲ +28.4% vs 2018highest in 8 years
2020: €331k▼ -3.7% vs 2019
2021: €240k▼ -27.4% vs 2020
2022: €216k▼ -10.0% vs 2021lowest in 8 years
2023: €222k▲ +2.5% vs 2022
2024: €244k▲ +10.0% vs 2023
2025: €265k▲ +8.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€242k-€219k▼ 9.5%€224k▲ 2.3%€245k▲ 9.4%€265k▲ 8.2%
2021: €242k
2022: €219k▼ -9.5% vs 2021lowest in 5 years
2023: €224k▲ +2.3% vs 2022
2024: €245k▲ +9.4% vs 2023
2025: €265k▲ +8.2% vs 2024highest in 5 years
Operating result€-20k-€6k€5k▼ 17.2%€21k▲ 319%€26k▲ 21.4%
2021: €-20klowest in 5 years
2022: €6k▲ +132% vs 2021
2023: €5k▼ -17.2% vs 2022
2024: €21k▲ +319% vs 2023
2025: €26k▲ +21.4% vs 2024highest in 5 years
Net result€-38k-€6k€5k▼ 12.4%€21k▲ 327%€20k▼ 5.2%
2021: €-38klowest in 5 years
2022: €6k▲ +115% vs 2021
2023: €5k▼ -12.4% vs 2022
2024: €21k▲ +327% vs 2023highest in 5 years
2025: €20k▼ -5.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€3k ▲ 114%
Current assets
€300k ▲ 8.1%
Equity and liabilities €303k
Equity
€265k ▲ 8.2%
Debt
€38k ▲ 11.7%
Debt's share of the balance-sheet total rises from 12.1% to 12.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2024 · €22k
Cash flow
€21k▼
2024 · €22k
Current ratio
8.49▲
2024 · 8.24
Quick ratio
8.39▲
2024 · 8.11
Debt to equity
0.14▲
2024 · 0.14
ROE
7.6%▼
2024 · 8.6%
ROA
6.6%▼
2024 · 7.6%
Interest coverage
11.43▼
2024 · 357.71
Debt ≤ 1 year
€35k▲
2024 · €34k
Income taxes
€10k▲
2024 · €7k
Staff costs
€120▼
2024 · €303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€279k€303k▲
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23€684€434▼
Furniture and vehicles24€444€2k▲
Financial fixed assets28€100€0▼
Current assets29/58€277k€300k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€5k€2k▼
Other amounts receivable41€3k€2k▼
Current investments50/53€179k€183k▲
Cash at bank and in hand54/58€85k€109k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€279k€303k▲
Equity10/15€245k€265k▲
Contributions10/11€19k€19k=
Reserves13€226k€246k▲
Distributable reserves133€226k€246k▲
Amounts payable17/49€34k€38k▲
Amounts payable within one year42/48€34k€35k▲
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Taxes, remuneration and social security45€21€3k▲
Taxes450/3€21€3k▲
Other amounts payable47/48€32k€32k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€303€120▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€772▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€24k€28k▲
Operating profit (loss)9901€21k€26k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€63€2k▲
Recurring financial charges65€63€2k▲
Profit (loss) for the period before taxes9903€28k€30k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€21k€20k▼
Profit (loss) for the period to be appropriated9905€21k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€20k▼
Transfer to equity691/2€21k€20k▼
To other reserves6921€21k€20k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €144 | €0 | - | €303 | €120 | ▼ 60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €518 | €825 | €1k | €1k | €772 | ▼ 25.7% |
| Other operating charges640/8 | €2k | €1k | €1k | €1k | €2k | ▲ 11.0% |
| Gross operating margin9900 | €-17k | €8k | €8k | €24k | €28k | ▲ 17.7% |
| Operating profit (loss)9901 | €-20k | €6k | €5k | €21k | €26k | ▲ 21.4% |
| Financial income75/76B | €163 | €210 | €585 | €7k | €6k | ▼ 6.0% |
| Recurring financial income75 | €163 | €210 | €585 | €7k | €6k | ▼ 6.0% |
| Financial charges65/66B | €307 | €67 | €49 | €63 | €2k | ▲ 3,631% |
| Recurring financial charges65 | €307 | €67 | €49 | €63 | €2k | ▲ 3,631% |
| Profit (loss) for the period before taxes9903 | €-20k | €6k | €6k | €28k | €30k | ▲ 6.7% |
| Income taxes67/77 | €18k | €640 | €678 | €7k | €10k | ▲ 42.7% |
| Profit (loss) for the period9904 | €-38k | €6k | €5k | €21k | €20k | ▼ 5.2% |
| Transfer from tax-exempt reserves789 | €88k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €50k | €6k | €5k | €21k | €20k | ▼ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €284k | €256k | €261k | €279k | €303k | ▲ 8.6% |
| Fixed assets21/28 | €1k | €3k | €2k | €1k | €3k | ▲ 114% |
| Tangible fixed assets22/27 | €1k | €2k | €2k | €1k | €3k | ▲ 133% |
| Plant, machinery and equipment23 | €114 | €1k | €934 | €684 | €434 | ▼ 36.6% |
| Furniture and vehicles24 | €1k | €1k | €1k | €444 | €2k | ▲ 395% |
| Financial fixed assets28 | €165 | €165 | €100 | €100 | €0 | ▼ 100% |
| Current assets29/58 | €283k | €253k | €258k | €277k | €300k | ▲ 8.1% |
| Stocks and contracts in progress3 | €5k | €5k | €4k | €4k | €3k | ▼ 22.8% |
| Stocks30/36 | €5k | €5k | €4k | €4k | €3k | ▼ 22.8% |
| Amounts receivable within one year40/41 | €4k | €555 | €381 | €7k | €4k | ▼ 51.9% |
| Trade receivables40 | €4k | €194 | €0 | €5k | €2k | ▼ 60.6% |
| Other amounts receivable41 | €35 | €361 | €381 | €3k | €2k | ▼ 36.6% |
| Current investments50/53 | - | - | €175k | €179k | €183k | ▲ 2.0% |
| Cash at bank and in hand54/58 | €270k | €244k | €75k | €85k | €109k | ▲ 27.9% |
| Deferred charges and accrued income490/1 | €4k | €4k | €4k | €1k | €1k | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €284k | €256k | €261k | €279k | €303k | ▲ 8.6% |
| Equity10/15 | €242k | €219k | €224k | €245k | €265k | ▲ 8.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €223k | €200k | €205k | €226k | €246k | ▲ 8.9% |
| Non-distributable reserves130/1 | €6k | €6k | €0 | - | - | - |
| Reserves not available under the articles1311 | €6k | €6k | €0 | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €217k | €194k | €205k | €226k | €246k | ▲ 8.9% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - |
| Amounts payable17/49 | €43k | €37k | €37k | €34k | €38k | ▲ 11.7% |
| Amounts payable within one year42/48 | €43k | €37k | €37k | €34k | €35k | ▲ 4.9% |
| Trade debts44 | €1k | €2k | €1k | €1k | €0 | ▼ 100% |
| Suppliers440/4 | €1k | €2k | €1k | €1k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €5k | €2k | €3k | €21 | €3k | ▲ 14,913% |
| Taxes450/3 | €5k | €2k | €3k | €21 | €3k | ▲ 14,913% |
| Other amounts payable47/48 | €36k | €33k | €32k | €32k | €32k | ▼ 0.3% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-38k | €6k | €5k | €21k | €20k | ▼ 5.2% |
| + Depreciation and write-downs630 | €518 | €825 | €1k | €1k | €772 | ▼ 25.7% |
| Operating cash flow (approximation) | €-38k | €6k | €6k | €22k | €21k | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | €-2k | €-874 | €0 | €-2k | - |
| Change in cash | - | €-26k | €-169k | €10k | €24k | ▲ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Highest result since 2018net €49k ▲15.6%
Operating result €68k, net result €49k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Knokke-Heist · 1 establishment unit since 2001
Ground area
1,407 m²
Building footprint
512 m²
Volume, LiDAR
2,704 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MARC VERBEKE
since 20012.100.167.487
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0057/00G002 | Flanders | 1,268 m² | 1 · 408 m² | 6.7 m · 2 fl. |
| 31336G0317/00_000 | Flanders | 138 m² | 1 · 104 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,056 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.