Checked.be
Active
BE 0451.787.002Private limited company
MARCAM
Buitenstraat(SGW) 130/H ·9170 Sint-Gillis-Waas, Belgium· 32 yrs active
Sector: Teelt van bloemen
(01191)
Conclusion
MARCAM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365k and a net result of €36k. The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €365k |
| Net result | €36k |
| Staff (FTE) | 1 |
| Active | 32 yrs |
Financial profile
67
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
69
Profitability
49
Solvency
40
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1993, 32 years in business.
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.
Checked score
69
/ 100
Healthy
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.
Financial overview
Annual accounts filed on 23-07-2026 with the NBB · fiscal year 2025 · micro schema
€192k
+52.6%
24-25
€36k
+38.3%
24-25
€107k
+43.2%
24-25
€3.50M
-7.3%
24-25
€365k
+7.3%
24-25
€1.60M
+22.9%
24-25
1
-33.3%
24-25
€43k
-35.5%
24-25
€1k
+13.6%
24-25
€3.14M
-8.7%
24-25
€320k
-12.1%
24-25
€2.78M
-9.6%
24-25
6.00
+31.1%
24-25
1.31
+52.2%
24-25
10.4%
+15.8%
24-25
8.58
-15.0%
24-25
9.8%
+28.9%
24-25
1.0%
+49.2%
24-25
2.25
+12.0%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €192k |
| Net profit | €36k |
| Cash flow | €107k |
| Staff costs | €43k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €3.50M |
| Equity | €365k |
| Debt | €3.14M |
| of which ≤ 1y | €320k |
| of which > 1y | €2.78M |
| Working capital | €1.60M |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 6.00 |
| Quick ratio | 1.31 |
| Working capital ratio | 45.6% |
| Solvency | 10.4% |
| Debt / equity | 8.58 |
| Long-term debt ratio | 7.60 |
| Interest coverage | 2.25 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.0% |
| ROE | 9.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.50M |
| Fixed assets | 21/28 | €1.58M |
| Intangible fixed assets | 21 | €20k |
| Tangible fixed assets | 22/27 | €1.56M |
| Financial fixed assets | 28 | €80 |
| Current assets | 29/58 | €1.92M |
| Stocks & contracts in progress | 3 | €1.50M |
| Amounts receivable within one year | 40/41 | €241k |
| Cash & bank | 54/58 | €168k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.50M |
| Equity | 10/15 | €365k |
| Contributions / capital | 10/11 | €646k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-331k |
| Amounts payable | 17/49 | €3.14M |
| Amounts payable after one year | 17 | €2.78M |
| Amounts payable within one year | 42/48 | €320k |
| Trade debts payable within one year | 44 | €13k |
| Income statement | ||
| Gross operating margin | 9900 | €272k |
| Operating result | 9901 | €121k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €85k |
| Result before taxes | 9903 | €37k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €36k |
| Result to be appropriated | 9905 | €36k |
Legal Structure
| NACE primary | Teelt van bloemen(01191) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-1993 |
| Status | Active |
| Postal code | 9170 |
Establishment units
Buitenstraat(SGW) 130H, 9170 Sint-Gillis-Waas
since 20182.300.999.851
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020B0350/00E000 | Flanders | 5,945 m² | 1 · 3,690 m² | 9.8 m · 1 fl. |
| 46020B0020/00P002 | Flanders | 357 m² | 1 · 80 m² | 9.4 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
23-07-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07-2025 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-09-2024 State Gazette act Registered-office change
Liesbeth Muller
26-07-2024 NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-08-2023 State Gazette act Capital & shares
Serge CAMBIER
27-07-2023 NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07-2022 NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07-2021 NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07-2020 NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07-2018 NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
Capital history · 1
07-08-2023
Capital change
Address history · 1
10-09-2024
Registered-office move
All acts · 2
updated 1 year ago
2024
10-09-2024 Registered office moved
Notary:
Liesbeth Muller · Waasmunster
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "combined",
"new_address": null,
"old_address": {
"raw": "Oude Veldstraat 47 : 9080 Lochristi",
"city": "Lochristi",
"region": "vlaams_gewest",
"street": "Oude Veldstraat",
"country": "BE",
"postcode": "9080",
"box_number": null,
"street_number": "47",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": "Artikel 3. Voorwerp\nDe vennootschap heeft tot voorwerp, zowel in Belgi\u00EB als in het buitenland, voor eigen rekening of\nvoor rekening van derden of door deelname van dezen:\n1. De uitbating van een tuinbouwbedrijf. De vennootschap handelt voor eigen rekening, in\nconsignatie of in commissie.\n1bis. Het voortbrengen, verhandelen en behandelen van alle land- en tuinbouwproducten en alle\ndaarmee verband houdende artikelen; het verrichten van alle land- en tuinbouwdiensten en\nwerkzaamheden die daarmee in",
"statute_article_number": 3,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Liesbeth Muller",
"firm_city": null,
"firm_name": null,
"office_city": "Waasmunster",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-10",
"filing_date": "2024-09-06",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-08-21",
"unanimous": true
},
"subject_company": {
"kbo": "0451.787.002",
"name_full": "MARCAM",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "BNP PARIBAS FORTIS",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Een gelijkvormig afschrift van het proces-verbaal van buitengewone algemene vergadering de dato 21/09/2024",
"Geco\u00F6rdineerde statuten"
]
}2023
07-08-2023 Capital increase of €238,869.21
- Inbreng in geld · Apport en numéraire
- 2 kapitaalbewegingen in deze akte
Notary:
Serge CAMBIER · Vloesberg
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
"after_eur": null,
"delta_eur": null,
"before_eur": 164387.77,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "create"
},
{
"kind": "capital_increase",
"after_eur": null,
"delta_eur": 238869.21,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "VAN DE PUTTE Bernard Marcel Albert Herman",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": 963,
"contribution_amount_eur": 238869.21
}
],
"share_emission": {
"agio_eur": 238869.21,
"share_form": "nominal",
"share_class": null,
"n_new_shares": 963,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": 248.047
},
"decrease_purpose": null,
"contribution_type": "geld",
"paid_up_delta_eur": 238869.21,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "statutory_reserve_release",
"after_eur": 403256.98,
"delta_eur": null,
"before_eur": 164387.77,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "convert_to_distributable"
}
],
"notary": {
"name": "Serge CAMBIER",
"firm_city": null,
"firm_name": null,
"office_city": "Vloesberg",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-08-07",
"filing_date": "2023-07-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-07-11",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": "2023-07-11"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0451.787.002",
"name_full": "MARCAM",
"legal_form": "BV",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [],
"share_classes_after": []
}Credit advice
Company registry (CBE)
Activities
Bloementeelt01122Teelt van bloemen01191Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen47553Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen in gespecialiseerde winkels47593Detailhandel in bloemen, planten, zaden en kunstmeststoffen47761
Names & trade names
| Legal nameNL | MARCAM |
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