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MARCIN

Inactive
KBO/BCE: BE 0707.859.082

MARCIN was declared bankrupt on 20-12-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 04-11-2025, published in the Belgian State Gazette on 10-11-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

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MARCINInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 01-02-2021, 1 day later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2020
1 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2020 accounts 1 day after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MARCIN has filed annual accounts once, for fiscal year 2020.1 The company was declared bankrupt on 20 December 2022; the bankruptcy was closed on 4 November 2025.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 28-12-2022
  3. 3Belgian State Gazette, 10-11-2025

Financials · fiscal year 2020, micro schema

Equity
€46,062
Total assets
€130,027
Net result
€39,862
Working capital
€46,062

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €130,027
Equity €46,062
Debt €83,965
Debt finances 64.6% of the balance-sheet total.
Key figures and ratios
2020 value
Current ratio
1.55
ROE
86.5%
ROA
30.7%
Debt ≤ 1 year
€83,965
Income taxes
€17,150
Annual accounts
Filed annual accounts As filed with the NBB · 2020 · 18 lines
Balance sheet Code2020
Assets
Total assets20/58€130,027
Current assets29/58€130,027
Amounts receivable within one year40/41€127,163
Cash at bank and in hand54/58€2,864
Equity and liabilities
Total equity and liabilities10/49€130,027
Equity10/15€46,062
Contributions10/11€6,200
Reserves13€39,862
Amounts payable17/49€83,965
Amounts payable within one year42/48€83,965
Trade debts44€64,500
Income statement Code2020
Gross operating margin9900€57,283
Operating profit (loss)9901€57,283
Recurring financial charges65€271
Profit (loss) for the period before taxes9903€57,012
Income taxes67/77€17,150
Profit (loss) for the period9904€39,862
Profit (loss) for the period to be appropriated9905€39,862
Line2020
Gross operating margin9900€57,283
Operating profit (loss)9901€57,283
Recurring financial charges65€271
Profit (loss) for the period before taxes9903€57,012
Income taxes67/77€17,150
Profit (loss) for the period9904€39,862
Profit (loss) for the period to be appropriated9905€39,862
Line2020
Assets
Total assets20/58€130,027
Current assets29/58€130,027
Amounts receivable within one year40/41€127,163
Cash at bank and in hand54/58€2,864
Equity and liabilities
Total equity and liabilities10/49€130,027
Equity10/15€46,062
Contributions10/11€6,200
Reserves13€39,862
Amounts payable17/49€83,965
Amounts payable within one year42/48€83,965
Trade debts44€64,500
Line2020
Profit (loss) for the period9904€39,862
Operating cash flow (approximation)€39,862

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
10-11
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 04-11-2025
2022
28-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 20-12-2022
2021
01-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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

Insolvency mandates

1 mandate
Role Name Tenure
Curator WALTER DEWEPPE
KAREL PICQUéLAAN 115, 9800 DEINZE
 20-12-2022 → 04-11-2025

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