MARCOLI
InactiveInactive; last annual accounts for fiscal year 2023.
Overview
What they do
Activity not known
How big
€4.9mtotal assets 2023
- Equity
- €4.5m
- Profit
- €706,902
Turnover not published (abridged schema)
Financially healthy?
Inactive: no score
Who decides
- Holdings
- 1
Accounts 608 d overdue0 of 5 deeds read
Signals- Two or more financial years not filedLatest accounts filed on timeShow the evidence
Signals
Two 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 30-06-2024, 2 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 · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 04-01-2024, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
27 d early
2022
on the day
2021
4 d early
2020
2 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 11 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)
- Annual accounts filedfiscal year 2023 · abbreviated…
- Highest result since 2019net €706,902 ▲136%
- Annual accounts filedfiscal year 2022 · abbreviated…
Financials
Fiscal year 2023Total assets €4.9mProfit €706,902Solvency 92.2%Liquidity 1.07
Total assets
€4.9m▼ 10.6%
2019 - 2023
Net result
€706,902▲ 136%
2019 - 2023
Equity
€4.5m▲ 3.1%
2019 - 2023
Solvency
92.2%▲ 12.3pp
2019 - 2023
Financials · fiscal year 2023, abbreviated schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€0.2m-€0.03m▼ 82.3%€0.07m▲ 97.0%€0.02m▼ 76.8%€0.7m▲ 4,050%
Net result€0.3m-€0.3m▼ 7.8%€0.4m▲ 30.2%€0.3m▼ 18.6%€0.7m▲ 136%
Equity€3.4m-€3.7m▲ 8.2%€4.1m▲ 9.9%€4.4m▲ 7.3%€4.5m▲ 3.1%
Total assets€5.5m-€5.5m▼ 1.0%€5.5m▲ 0.3%€5.5m▲ 0.4%€4.9m▼ 10.6%
Debt€2.1m-€1.7m▼ 16.3%€1.4m▼ 20.4%€1.1m▼ 20.0%€0.2m▼ 78.8%
Working capital€0.9m--€0.008m€0.2m€0.2m▼ 3.9%€0.01m▼ 94.1%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 4,050% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.9m
Fixed assets
€4.7m ▼ 6.1%
Current assets
€182,521 ▼ 60.3%
Equity and liabilities €4.9m
Equity
€4.5m ▲ 3.1%
Provisions
€150,000
Debt
€233,390 ▼ 78.8%
Debt's share of the balance-sheet total falls from 20.1% to 4.8%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€661,289▲
2022 · €25,491
Cash flow
€706,902▲
2022 · €308,895
Current ratio
1.07▼
2022 · 1.80
Debt to equity
0.05▼
2022 · 0.25
ROE
15.6%▲
2022 · 6.8%
ROA
14.4%▲
2022 · 5.4%
Interest coverage
50.38▲
2022 · 0.45
Debt ≤ 1 year
€170,415▼
2022 · €255,533
Debt > 1 year
€60,000▼
2022 · €795,008
Income taxes
€3,760▲
2022 · €410
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €681,757 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,860 | €12,022 | €11,637 | €9,557 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,037 | €1,308 | ▲ 26.0% |
| Gross operating margin9900 | €216,000 | €86,260 | €81,353 | €26,529 | €662,597 | ▲ 2,398% |
| Operating profit (loss)9901 | €196,201 | €34,823 | €68,588 | €15,935 | €661,289 | ▲ 4,050% |
| Financial income75/76B | - | - | - | €340,000 | €212,500 | ▼ 37.5% |
| Recurring financial income75 | €223,042 | €343,443 | €343,274 | €340,000 | €212,500 | ▼ 37.5% |
| Financial charges65/66B | - | - | - | €56,186 | €13,127 | ▼ 76.6% |
| Recurring financial charges65 | €37,941 | €94,753 | €39,215 | €56,186 | €13,127 | ▼ 76.6% |
| Profit (loss) for the period before taxes9903 | €381,302 | €283,513 | €372,647 | €299,748 | €860,662 | ▲ 187% |
| Transfer to deferred taxes680 | - | - | - | - | €150,000 | - |
| Income taxes67/77 | €75,049 | €1,123 | €5,093 | €410 | €3,760 | ▲ 817% |
| Profit (loss) for the period9904 | €306,252 | €282,390 | €367,554 | €299,338 | €706,902 | ▲ 136% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €450,000 | - |
| Profit (loss) for the period to be appropriated9905 | €306,252 | €282,390 | €367,554 | €299,338 | €256,902 | ▼ 14.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.5m | €5.5m | €5.5m | €5.5m | €4.9m | ▼ 10.6% |
| Fixed assets21/28 | €4.2m | €5.1m | €5.0m | €5.0m | €4.7m | ▼ 6.1% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.3m | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €0.3m | €0 | ▼ 100% |
| Financial fixed assets28 | €3.8m | €4.7m | €4.7m | €4.7m | €4.7m | = |
| Current assets29/58 | €1.4m | €0.4m | €0.4m | €0.5m | €0.2m | ▼ 60.3% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.4m | €0.4m | €0.09m | ▼ 76.2% |
| Trade receivables40 | - | - | - | €0.02m | €0.09m | ▲ 393% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.001m | ▼ 99.8% |
| Current investments50/53 | €0.9m | €0.009m | €0.01m | €0.02m | €0.03m | ▲ 28.6% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.05m | €0.07m | €0.07m | ▼ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.5m | €5.5m | €5.5m | €5.5m | €4.9m | ▼ 10.6% |
| Equity10/15 | €3.4m | €3.7m | €4.1m | €4.4m | €4.5m | ▲ 3.1% |
| Contributions10/11 | €1.3m | €0 | - | €1.3m | €1.3m | = |
| Revaluation surpluses12 | - | - | - | €0.2m | €0 | ▼ 100% |
| Reserves13 | €1.1m | €1.1m | €1.1m | €1.1m | €1.6m | ▲ 40.8% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | = |
| Reserves not available under the articles1311 | - | - | - | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.5m | - |
| Distributable reserves133 | - | - | - | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | €0.9m | €1.2m | €1.5m | €1.8m | €1.7m | ▼ 8.9% |
| Provisions and deferred taxes16 | - | - | - | - | €0.2m | - |
| Deferred taxes168 | - | - | - | - | €0.2m | - |
| Amounts payable17/49 | €2.1m | €1.7m | €1.4m | €1.1m | €0.2m | ▼ 78.8% |
| Amounts payable after more than one year17 | €1.6m | €1.3m | €1.1m | €0.8m | €0.06m | ▼ 92.5% |
| Financial debts170/4 | - | - | - | €0.8m | €0.06m | ▼ 92.5% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.2m | €0.3m | €0.2m | ▼ 33.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.09m | ▼ 38.4% |
| Trade debts44 | €0.06m | €0.06m | €0.05m | €0.1m | €0.07m | ▼ 32.2% |
| Suppliers440/4 | - | - | - | €0.1m | €0.07m | ▼ 32.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.01m | ▲ 270% |
| Taxes450/3 | - | - | - | €0.003m | €0.01m | ▲ 270% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.003m | ▼ 94.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €306,252 | €282,390 | €367,554 | €299,338 | €706,902 | ▲ 136% |
| + Depreciation and write-downs630 | €14,860 | €12,022 | €11,637 | €9,557 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €321,112 | €294,412 | €379,191 | €308,895 | €706,902 | ▲ 129% |
| Investment in fixed assets (approximation) | - | -€912,409 | €0 | €0 | €307,902 | - |
| Change in cash | - | €40,694 | -€212,915 | €21,571 | -€1,784 | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holding · 4 subsidiaries in the treeOwners 0
The accounts to 30-06-2023 list no shareholders, and no other source names one.
Holdings 1
-
85%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the annual accounts to 30-06-2023 of MARCOLI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 5 Gazette acts processed.
Timeline
13 eventsLatest 04-01-2024
Acts, filings and financial milestones
2024
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €706,902 ▲136%
Operating result €661,289, net result €706,902, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Liquidity doublescurrent ratio 1.99
Current ratio from 0.98 to 1.99; short-term debt falls from €409,752 to €214,228.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €282,390 ▼7.8%
Net result drops to €282,390, the lowest in the series.
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Support & recognitions
1 funding sourceFlanders €11,040
Flemish government
€11,040
awarded · 2022 - 2023
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €11,040 awarded · €12,200 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €4,640 | €12,200 |
| 2022 | 1 | €6,400 | €0 |