MARCKELBACH
ActiveSummary
MARCKELBACH has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €448k and a net result of €-47k. Its solvency ranks better than 39% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-10
Solvency47▲+5
Growth52
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.11 in 2024; short-term debt: 23.6% and cash: 1.4% of total assets), and 78.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days 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 · 2 filingsDeviation from the deadline
2025
7 d late
2024
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€448k▲ 40.4%
2024 · €319k
2024: €319k
2024 → 2025
Total assets
€2.04M▲ 5.8%
2024 · €1.93M
2024: €1.93M
2024 → 2025
Net result
€-47k▼ 37.5%
2024 · €-34k
2024: €-34k
2024 → 2025
Working capital
€176k▲ 259%
2024 · €49k
2024: €49k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€319k-€448k▲ 40.4%
Operating result€-13k-€-5k▲ 64.7%
Net result€-34k-€-47k▼ 37.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.04M
Fixed assets
€1.38M ▼ 2.7%
Current assets
€659k ▲ 29.4%
Equity and liabilities €2.04M
Equity
€448k ▲ 40.4%
Provisions
€9k
Debt
€1.59M ▼ 1.7%
Debt's share of the balance-sheet total falls from 83.5% to 77.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2024 · €62k
Cash flow
€42k▲
2024 · €41k
Current ratio
1.37▲
2024 · 1.11
Quick ratio
0.55▲
2024 · 0.19
Debt to equity
3.54▼
2024 · 5.06
ROE
-10.4%▲
2024 · -10.7%
ROA
-2.3%▼
2024 · -1.8%
Interest coverage
1.60▼
2024 · 2.66
Debt ≤ 1 year
€483k▲
2024 · €460k
Debt > 1 year
€1.10M▼
2024 · €1.15M
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.93M€2.04M▲
Fixed assets21/28€1.42M€1.38M▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€1.42M€1.38M▼
Land and buildings22€1.30M€1.25M▼
Plant, machinery and equipment23€125k€135k▲
Current assets29/58€509k€659k▲
Stocks and contracts in progress3€420k€391k▼
Stocks30/36€420k€391k▼
Amounts receivable within one year40/41€36k€37k▲
Trade receivables40€16k€36k▲
Other amounts receivable41€19k€214▼
Current investments50/53-€200k
Cash at bank and in hand54/58€50k€28k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.93M€2.04M▲
Equity10/15€319k€448k▲
Contributions10/11€353k€353k=
Profit (loss) carried forward14€-34k€-81k▼
Investment grants15-€176k
Provisions and deferred taxes16-€9k
Deferred taxes168-€9k
Amounts payable17/49€1.61M€1.59M▼
Amounts payable after more than one year17€1.15M€1.10M▼
Financial debts170/4€1.15M€1.10M▼
Amounts payable within one year42/48€460k€483k▲
Current portion of amounts payable after more than one year42€47k€49k▲
Financial debts43€275k€275k=
Credit institutions430/8€275k€275k=
Trade debts44€116k€138k▲
Suppliers440/4€116k€138k▲
Other amounts payable47/48€22k€20k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€89k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€63k€88k▲
Operating profit (loss)9901€-13k€-5k▲
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€10k▲
Financial charges65/66B€23k€53k▲
Recurring financial charges65€23k€53k▲
Profit (loss) for the period before taxes9903€-34k€-47k▼
Transfer from deferred taxes780-€487
Profit (loss) for the period9904€-34k€-47k▼
Profit (loss) for the period to be appropriated9905€-34k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-81k▼
Profit (loss) brought forward from the previous period14P-€-34k
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
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
Registered office, Wellen · 1 establishment unit since 2014
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.
Houtstraat 183830 WellenGround area
2,741 m²
Building footprint
231 m²
Volume, LiDAR
1,163 m³
Parcel 73098A0687/00G000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MARCKELBACH
since 20142.237.337.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73098A0687/00G000 | Flanders | 2,741 m² | 1 · 231 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 98,115 EUR awarded · 98,115 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 98,115 EUR | 98,115 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteWellen2.237.337.959
Similar companies · same sector, comparable size
BUNDING
BE 0479.887.011
Wingene · Eq €448k
HUISAKKER
BE 0449.567.284
Wingene · Eq €440k
GEMIVAR
BE 0823.087.560
Vleteren · Eq €459k
't HOOG BEVEREN
BE 0454.206.557
Ardooie · Eq €436k
FRERE
BE 0888.385.188
Oostrozebeke · Eq €430k
Of 587 companies in sector 01462 we hold annual accounts for 213. 186 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded10-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
01461Pig breeding farms
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.