MARCINMAT
InactiveMARCINMAT was declared bankrupt on 08-08-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 20-01-2026, published in the Belgian State Gazette on 26-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-07-2023, 18 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
18 d early
2021
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 26 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
€17,220▲ 262%
2021 · €4,755
Total assets
€30,961▲ 380%
2021 · €6,456
Net result
€12,465▲ 283%
2021 · €3,255
Working capital
€15,431▲ 294%
2021 · €3,915
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result€4,145-€15,648▲ 278%
Net result€3,255-€12,465▲ 283%
Equity€4,755-€17,220▲ 262%
Total assets€6,456-€30,961▲ 380%
Debt€1,701-€13,741▲ 708%
Working capital€3,915-€15,431▲ 294%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 278% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €30,348
Fixed assets
€1,176
Current assets
€29,172
Equity and liabilities €30,961
Equity
€17,220 ▲ 262%
Debt
€13,741 ▲ 708%
Debt's share of the balance-sheet total rises from 26.3% to 44.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,100▲
2021 · €4,443
Cash flow
€12,917▲
2021 · €3,553
Current ratio
2.12▼
2021 · 3.30
Debt to equity
0.80▲
2021 · 0.36
ROE
72.4%▲
2021 · 68.5%
ROA
40.3%▼
2021 · 50.4%
Interest coverage
240.30▲
2021 · 58.46
Debt ≤ 1 year
€13,741▲
2021 · €1,701
Income taxes
€3,116▲
2021 · €814
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €298 | €452 | ▲ 51.7% |
| Other operating charges640/8 | €101 | €159 | ▲ 57.4% |
| Gross operating margin9900 | €4,544 | €16,259 | ▲ 258% |
| Operating profit (loss)9901 | €4,145 | €15,648 | ▲ 278% |
| Financial charges65/66B | €76 | €67 | ▼ 11.8% |
| Recurring financial charges65 | €76 | €67 | ▼ 11.8% |
| Profit (loss) for the period before taxes9903 | €4,069 | €15,581 | ▲ 283% |
| Income taxes67/77 | €814 | €3,116 | ▲ 283% |
| Profit (loss) for the period9904 | €3,255 | €12,465 | ▲ 283% |
| Profit (loss) for the period to be appropriated9905 | €3,255 | €12,465 | ▲ 283% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €6,456 | €30,961 | ▲ 380% |
| Formation expenses20 | €840 | €613 | ▼ 27.0% |
| Fixed assets21/28 | - | €1,176 | - |
| Tangible fixed assets22/27 | - | €1,176 | - |
| Furniture and vehicles24 | - | €1,176 | - |
| Current assets29/58 | €5,616 | €29,172 | ▲ 419% |
| Amounts receivable within one year40/41 | €4,246 | €17,122 | ▲ 303% |
| Trade receivables40 | €3,120 | €16,465 | ▲ 428% |
| Other amounts receivable41 | €1,126 | €657 | ▼ 41.7% |
| Cash at bank and in hand54/58 | €1,370 | €11,857 | ▲ 765% |
| Deferred charges and accrued income490/1 | - | €193 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €6,456 | €30,961 | ▲ 380% |
| Equity10/15 | €4,755 | €17,220 | ▲ 262% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €3,255 | €15,720 | ▲ 383% |
| Amounts payable17/49 | €1,701 | €13,741 | ▲ 708% |
| Amounts payable within one year42/48 | €1,701 | €13,741 | ▲ 708% |
| Trade debts44 | €887 | €9,143 | ▲ 931% |
| Suppliers440/4 | €887 | €9,143 | ▲ 931% |
| Taxes, remuneration and social security45 | €814 | €3,930 | ▲ 383% |
| Taxes450/3 | €814 | €3,930 | ▲ 383% |
| Other amounts payable47/48 | - | €668 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,255 | €12,465 | ▲ 283% |
| + Depreciation and write-downs630 | €298 | €452 | ▲ 51.7% |
| Operating cash flow (approximation) | €3,553 | €12,917 | ▲ 264% |
| Change in cash | - | €10,487 | - |
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
2026
26-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-01-2026
2024
19-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 08-08-2024
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 | JEAN HENDRICKX LANGE LOZANASTRAAT 24,
2018 ANTWERPEN 1 |
08-08-2024 → 20-01-2026 |