MARCOM

Active

Private limited companyfounded 2005active for 21 yearsGentsestraat 61, 8870 Izegem, BelgiumKBO/BCE: BE 0874.932.278

Summary

MARCOM has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €304,073 and a net result of €159,141. Equity has been shrinking by about 6.5% per year since 2019. Its solvency ranks better than 65% of 634 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

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MARCOMActiveChecked score 94/100

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Overview

Official details

Source: KBO

Status: Active since 07-07-2005 Normal situation
Registered office: 25 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity: Retail trade NACE 47222and 1 other
Joint committees: 119 Paritair Comité voor de handel in voedingswaren
: 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 30-06-2026
Establishment unit: 2.154.739.390 2630 Aartselaar, since 28-06-2006
Financial year end: 30 June
Peppol: Reachable since 18-03-2026

Company details

Board and ownership

Board

AARTCOManaging director · permanent representative Pascal VANHONSEBROUCK
CyvanManaging director · permanent representative Yvan CLAUS
BREKARManaging director · permanent representative Karen DE WOLF

Board & ownership

Financial position

94 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts to 30-06-2026

Gross margin: €674,626; ▲ 68.5%
Turnover: ≈ €2.9m; estimated
Profit: €159,141
Equity: €304,073; ▼ 14.1%
Total assets: €647,535; ▲ 31.4%
Employees on 30-06-2026: 7; ▼ 30.0%

Financials

Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.51, cash €217,454Founded in 2005Equity €304,073 (47.0% of total assets)Show the evidence

Checked score

Score 2026

94 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 62% of micro companies in retail trade (NACE 47)

Every signal that counts is listed under Signals.

Financial strength · tick: 2025

Strong

Solvency 72-25

equity 47.0% of total assets

Liquidity 65+1

short-term debt 52.9% · cash 33.6%

Profitability 99+96

return on assets 24.6%

Bankruptcy probability within 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 0.4%● unchanged vs 12-2025highest value 02-2026: 0.4%● unchanged vs 01-2026highest value 03-2026: 0.4%● unchanged vs 02-2026highest value 04-2026: 0.4%● unchanged vs 03-2026highest value 05-2026: 0.4%● unchanged vs 04-2026highest value 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.51 (2.7 in 2025), above the usual 1.5. Short-term debt is 52.9% and cash 33.6% of total assets. However, 53% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 62% of them on solvency, 72% on liquidity, 91% on profitability and 23% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.51, cash €217,454

NBB · annual accounts

Founded in 2005

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Equity €304,073 (47.0% of total assets)

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Latest accounts filed on time

The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 27-10-2026, 96 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

96 days early

2025

66 days early

2024

77 days early

2023

72 days early

2022

29 days early

2021

28 days early

2020

47 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 20 November (4 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

04-11-2026 today30-06-2027 year end31-01-2028 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Financials

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 27-10-2026 at the NBB all 21 filings

Turnover

€2.5m

EBIT margin

7.5%

Net result

€159,141

2025 · -€60,559

Working capital

€175,963▼ 25.1%

2025 · €235,026

Multi-year overview

2019 to 2026, 8 financial years

Turnover

no figure

2026

20192026

Operating result

€196,742

2026

20192026

Net result

€159,141

2026

20192026

EBIT margin

no figure

2026

20192026

Equity

€304,073

▼ 14.1% 2026

20192026

Total assets

€647,535

▲ 31.4% 2026

20192026

Debt

€343,462

▲ 147% 2026

20192026

Working capital

€175,963

▼ 25.1% 2026

20192026

Solvency

47.0%

▼ 24.9pp 2026

20192026

Current ratio

1.51

▼ 1.18 2026

20192026

Return on assets (ROA)

24.6%

▲ 36.9pp 2026

20192026

Staff (FTE)

8.8

▼ 20.7% 2026

20192026

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line20192020202120222023202420252026

Turnover€2.5m

Operating result€0.02m-€0.1m▲ 471%€0.2m▲ 67.7%€0.06m▼ 69.9%€0.06m▲ 5.0%€0.06m▼ 0.1%-€0.07m€0.2m

Net result€0.02m-€0.1m▲ 443%€0.2m▲ 67.4%€0.04m▼ 74.4%€0.05m▲ 10.4%€0.05m▲ 7.7%-€0.06m€0.2m

EBIT margin7.5%

Equity€0.5m-€0.5m▲ 7.8%€0.5m▼ 3.7%€0.4m▼ 10.7%€0.5m▲ 10.3%€0.4m▼ 16.3%€0.4m▼ 14.6%€0.3m▼ 14.1%

Total assets€0.6m-€0.7m▲ 19.8%€0.8m▲ 13.2%€0.7m▼ 15.1%€0.7m▲ 1.3%€0.8m▲ 8.5%€0.5m▼ 37.7%€0.6m▲ 31.4%

Debt€0.1m-€0.2m▲ 60.6%€0.3m▲ 52.1%€0.3m▼ 21.4%€0.2m▼ 13.6%€0.4m▲ 60.9%€0.1m▼ 63.2%€0.3m▲ 147%

Working capital€0.4m-€0.5m▲ 13.0%€0.5m▼ 3.0%€0.4m▼ 11.9%€0.4m▲ 3.7%€0.3m▼ 22.7%€0.2m▼ 29.8%€0.2m▼ 25.1%

Solvency77.4%-69.7%▼ 7.7pp59.3%▼ 10.4pp62.3%▲ 3.0pp67.9%▲ 5.6pp52.4%▼ 15.5pp71.8%▲ 19.4pp47.0%▼ 24.9pp

Current ratio4.06-3.15▼ 0.912.37▼ 0.782.54▲ 0.172.85▲ 0.311.89▼ 0.962.70▲ 0.811.51▼ 1.18

Return on assets (ROA)2.9%-13.1%▲ 10.2pp19.3%▲ 6.3pp5.8%▼ 13.5pp6.4%▲ 0.5pp6.3%=-12.3%▼ 18.6pp24.6%▲ 36.9pp

Staff (FTE)11.6-10.7▼ 7.8%11.6▲ 8.4%11▼ 5.2%11.4▲ 3.6%11.1▼ 2.6%11.1=8.8▼ 20.7%

above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2026 is a profit of €196,742, after a loss of €68,017 in 2025. It is the highest result since 2022.

Balance-sheet composition

2026 in colour, 2025 as the grey bar beneath

Assets €647,535

19.9%

80.1%

Fixed assets €128,872 ▲ 8.2%

Current assets €518,663 ▲ 38.8%

Equity and liabilities €647,535

47.0%

53.0%

Equity €304,073 ▼ 14.1%

Debt €343,462 ▲ 147%

Debt's share of the balance-sheet total rises from 28.2% to 53.0%. Equity is lower and debt is higher.

Key figures and ratios

2026 value · change against 2025

EBITDA

€230,646▲

2025 · -€43,587

Cash flow

€193,045▲

2025 · -€36,128

Quick ratio

1.46▼

2025 · 2.46

Debt to equity

1.13▲

2025 · 0.39

ROE

52.3%▲

2025 · -17.1%

Interest coverage

over 100▲

2025 · -282.53

Debt ≤ 1 year

€342,700▲

2025 · €138,617

Income taxes

€43,700▲

2025 · -€105

Staff costs

€442,935▲

2025 · €441,723

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet

Item	30-06-2022	30-06-2023	30-06-2024	30-06-2025	30-06-2026
Employees at the balance-sheet date	13	12	11	10	7
full-time	6	6	6	7	4
part-time	7	6	5	3	3
in full-time equivalents	11.7	10.9	10.1	9.4	6.1
Average over the year, in full-time equivalents	11	11.4	11.1	11.1	8.8
On a permanent contract	12	12	11	10	7
Joined	1	13	69	42	1
Left	0	14	70	43	4
Training hours	-	-	0	312	-

Source: social balance sheet in the 2022 to 2026 annual accounts

Investments

fixed assets acquired

Item	30-06-2022	30-06-2023	30-06-2024	30-06-2025	30-06-2026
Tangible fixed assets	€14,249	€45,786	€38,431	€82,069	€45,484
Depreciation and write-downs of the year	€11,839	€14,490	€20,859	€24,431	€33,904

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2026 against 2025 · 51 lines

Balance sheet Code20252026

Assets

Total assets20/58€492,766€647,535▲

Fixed assets21/28€119,124€128,872▲

Tangible fixed assets22/27€119,124€128,872▲

Plant, machinery and equipment23€107,811€111,875▲

Furniture and vehicles24€1,832€1,079▼

Other tangible fixed assets26€9,481€15,918▲

Current assets29/58€373,642€518,663▲

Stocks and contracts in progress3€32,045€19,787▼

Stocks30/36€32,045€19,787▼

Amounts receivable within one year40/41€233,516€275,582▲

Trade receivables40€199,247€267,203▲

Other amounts receivable41€34,269€8,379▼

Cash at bank and in hand54/58€98,994€217,454▲

Deferred charges and accrued income490/1€9,087€5,840▼

Equity and liabilities

Total equity and liabilities10/49€492,766€647,535▲

Equity10/15€353,950€304,073▼

Contributions10/11€6,300€6,300=

Reserves13€347,650€297,773▼

Distributable reserves133€347,650€297,773▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€138,816€343,462▲

Amounts payable within one year42/48€138,617€342,700▲

Trade debts44€72,057€62,949▼

Suppliers440/4€72,057€62,949▼

Taxes, remuneration and social security45€66,559€70,733▲

Taxes450/3€2,778€9,558▲

Remuneration and social security454/9€63,781€61,175▼

Other amounts payable47/48€0€209,018▲

Accrued charges and deferred income492/3€200€762▲

Income statement Code20252026

Non-recurring operating income76A-€21,795

Remuneration, social security and pensions62€441,723€442,935▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,431€33,904▲

Other operating charges640/8€868€1,045▲

Non-recurring operating charges66A€1,302€0▼

Gross operating margin9900€400,307€674,626▲

Operating profit (loss)9901-€68,017€196,742▲

Financial income75/76B€7,508€6,179▼

Recurring financial income75€7,508€6,179▼

Financial charges65/66B€154€80▼

Recurring financial charges65€154€80▼

Profit (loss) for the period before taxes9903-€60,664€202,841▲

Income taxes67/77-€105€43,700▲

Profit (loss) for the period9904-€60,559€159,141▲

Profit (loss) for the period to be appropriated9905-€60,559€159,141▲

Appropriation of the result

Profit (loss) to be appropriated9906-€60,559€159,141▲

Transfer from equity791/2€60,559€209,018▲

Transfer to equity691/2€0€159,141▲

To other reserves6921€0€159,141▲

Profit to be distributed694/7€0€209,018▲

Return on contributions (dividend)694€0€209,018▲

Social balance sheet

Average headcount (FTE)908711.18.8▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.

Line	2019	2020	2021	2022	2023	2024	2025	2026	Change
Turnover70	-	-	€2.5m	-	-	-	-	-	-
Non-recurring operating income76A	-	-	-	€0	-	-	-	€0.02m	-
Remuneration, social security and pensions62	-	-	-	€0.4m	€0.4m	€0.4m	€0.4m	€0.4m	▲ 0.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€0.04m	€0.03m	€0.02m	€0.01m	€0.01m	€0.02m	€0.02m	€0.03m	▲ 38.8%
Other operating charges640/8	-	-	-	€0.001m	€0.002m	€0.002m	€0.001m	€0.001m	▲ 20.3%
Non-recurring operating charges66A	-	-	-	-	-	-	€0.001m	€0	▼ 100%
Gross operating margin9900	€0.4m	€0.5m	€0.6m	€0.5m	€0.5m	€0.5m	€0.4m	€0.7m	▲ 68.5%
Operating profit (loss)9901	€0.02m	€0.1m	€0.2m	€0.06m	€0.06m	€0.06m	-€0.07m	€0.2m	-
Financial income75/76B	-	-	-	€0.007m	€0.005m	€0.01m	€0.008m	€0.006m	▼ 17.7%
Recurring financial income75	€0.008m	€0.008m	€0.007m	€0.007m	€0.005m	€0.01m	€0.008m	€0.006m	▼ 17.7%
Financial charges65/66B	-	-	-	€116	€162	€160	€154	€80	▼ 48.4%
Recurring financial charges65	€80	€7	€60	€116	€162	€160	€154	€80	▼ 48.4%
Profit (loss) for the period before taxes9903	€0.03m	€0.1m	€0.2m	€0.06m	€0.06m	€0.07m	-€0.06m	€0.2m	-
Income taxes67/77	€0.009m	€0.02m	€0.03m	€0.02m	€0.02m	€0.02m	-€105	€0.04m	-
Profit (loss) for the period9904	€0.02m	€0.1m	€0.2m	€0.04m	€0.05m	€0.05m	-€0.06m	€0.2m	-
Transfer from tax-exempt reserves789	-	-	-	€0.01m	€0	-	-	-	-
Profit (loss) for the period to be appropriated9905	€0.02m	€0.1m	€0.2m	€0.05m	€0.05m	€0.05m	-€0.06m	€0.2m	-

Line	2019	2020	2021	2022	2023	2024	2025	2026	Change
Assets
Total assets20/58	€624,863	€748,398	€847,405	€719,722	€729,207	€791,361	€492,766	€647,535	▲ 31.4%
Fixed assets21/28	€51,860	€33,702	€29,010	€31,420	€62,717	€80,288	€119,124	€128,872	▲ 8.2%
Tangible fixed assets22/27	€51,860	€33,702	€29,010	€31,420	€62,717	€80,288	€119,124	€128,872	▲ 8.2%
Plant, machinery and equipment23	-	-	-	€21,904	€56,389	€76,256	€107,811	€111,875	▲ 3.8%
Furniture and vehicles24	-	-	-	€8,432	€6,232	€4,032	€1,832	€1,079	▼ 41.1%
Other tangible fixed assets26	-	-	-	€1,084	€95	€0	€9,481	€15,918	▲ 67.9%
Current assets29/58	€573,003	€714,695	€818,395	€688,302	€666,491	€711,073	€373,642	€518,663	▲ 38.8%
Stocks and contracts in progress3	€35,608	€31,350	€34,713	€45,104	€36,430	€36,395	€32,045	€19,787	▼ 38.3%
Stocks30/36	-	-	-	€45,104	€36,430	€36,395	€32,045	€19,787	▼ 38.3%
Amounts receivable within one year40/41	€461,659	€639,592	€648,986	€565,847	€575,884	€434,457	€233,516	€275,582	▲ 18.0%
Trade receivables40	-	-	-	€140,823	€531,134	€374,499	€199,247	€267,203	▲ 34.1%
Other amounts receivable41	-	-	-	€425,024	€44,749	€59,958	€34,269	€8,379	▼ 75.5%
Cash at bank and in hand54/58	€67,108	€38,129	€127,186	€69,530	€46,704	€232,356	€98,994	€217,454	▲ 120%
Deferred charges and accrued income490/1	-	-	-	€7,821	€7,472	€7,865	€9,087	€5,840	▼ 35.7%
Equity and liabilities
Total equity and liabilities10/49	€624,863	€748,398	€847,405	€719,722	€729,207	€791,361	€492,766	€647,535	▲ 31.4%
Equity10/15	€483,709	€521,644	€502,453	€448,625	€495,013	€414,509	€353,950	€304,073	▼ 14.1%
Contributions10/11	€6,300	-	-	€6,300	€6,300	€6,300	€6,300	€6,300	=
Reserves13	€477,409	€515,344	€496,153	€442,325	€488,713	€408,209	€347,650	€297,773	▼ 14.3%
Non-distributable reserves130/1	-	-	-	€1,860	€1,860	€0	-	-	-
Reserves not available under the articles1311	-	-	-	€1,860	€1,860	€0	-	-	-
Tax-exempt reserves132	-	-	-	€0	-	-	-	-	-
Distributable reserves133	-	-	-	€440,465	€486,853	€408,209	€347,650	€297,773	▼ 14.3%
Profit (loss) carried forward14	-	-	-	€0	€0	€0	€0	€0	-
Amounts payable17/49	€141,154	€226,754	€344,952	€271,097	€234,194	€376,852	€138,816	€343,462	▲ 147%
Amounts payable within one year42/48	€141,154	€226,581	€344,780	€270,925	€233,760	€376,368	€138,617	€342,700	▲ 147%
Trade debts44	€82,153	€108,603	€100,549	€110,764	€80,068	€96,582	€72,057	€62,949	▼ 12.6%
Suppliers440/4	-	-	-	€110,764	€80,068	€96,582	€72,057	€62,949	▼ 12.6%
Taxes, remuneration and social security45	-	-	-	€64,317	€62,641	€58,251	€66,559	€70,733	▲ 6.3%
Taxes450/3	-	-	-	€4,621	€2,431	€2,059	€2,778	€9,558	▲ 244%
Remuneration and social security454/9	-	-	-	€59,695	€60,210	€56,191	€63,781	€61,175	▼ 4.1%
Other amounts payable47/48	-	-	-	€95,844	€91,051	€221,536	€0	€209,018	-
Accrued charges and deferred income492/3	-	-	-	€172	€434	€484	€200	€762	▲ 281%

Line	2019	2020	2021	2022	2023	2024	2025	2026	Change
Profit (loss) for the period9904	€18,051	€97,935	€163,929	€42,016	€46,388	€49,980	-€60,559	€159,141	-
+ Depreciation and write-downs630	€36,907	€26,185	€21,850	€11,839	€14,490	€20,859	€24,431	€33,904	▲ 38.8%
Operating cash flow (approximation)	€54,958	€124,120	€185,779	€53,855	€60,877	€70,840	-€36,128	€193,045	-
Investment in fixed assets (approximation)	-	-€8,028	-€17,157	-€14,249	-€45,786	-€38,431	-€63,267	-€43,652	▲ 31.0%
Change in cash	-	-€28,980	€89,058	-€57,656	-€22,826	€185,652	-€133,362	€118,459	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 31,368 companies had the same profile as MARCOM has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

Micro
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

93.5% was still going

5.9% stopped otherwise

0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MARCOM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for MARCOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 21 filings with the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2026	abbreviated format	27-10-2026	2026-00594584	PDF
30-06-2025	abbreviated format	26-11-2025	2025-00571838	PDF
30-06-2024	abbreviated format	15-11-2024	2024-00601134	PDF
30-06-2023	abbreviated format	20-11-2023	2023-00514758	PDF
30-06-2022	abbreviated format	02-01-2023	2023-20551902	PDF
30-06-2021	abbreviated format	03-01-2022	2022-00300009	PDF
30-06-2020	abbreviated format	15-12-2020	2020-76000276	PDF
30-06-2019	abbreviated format	31-12-2019	2019-78000464	PDF
30-06-2018	abbreviated format	07-01-2019	2019-00900353	PDF
30-06-2017	abbreviated format	05-01-2018	2018-00700515	PDF

Show all 21 filings

Board & ownership

Directors

3 directors, 3 in day-to-day management, last change in 2026

Board 3

AARTCO

Director (not named in the articles) · appointed in the act of 21-11-2023 · earlier manager (not named in the articles), until 21-11-2023 · term without a fixed end · Legal entity · permanent representative: Pascal VANHONSEBROUCK · listed in the 2026 annual accounts, filed on 27-10-2026

Current

Cyvan

Director · since 01-02-2026 · term without a fixed end · Private limited company · permanent representative: Yvan CLAUS · listed in the 2026 annual accounts, filed on 27-10-2026

Current

BREKAR

Director (not named in the articles) · appointed in the act of 21-11-2023 · earlier manager (not named in the articles), until 21-11-2023 · earlier director, until 05-11-2024 · term without a fixed end · Private limited company · permanent representative: Karen DE WOLF

Current

Day-to-day management 3

AARTCO

Managing director · appointed in the act of 21-11-2023 · term without a fixed end · Legal entity · permanent representative: Pascal VANHONSEBROUCK

Current

Cyvan

Managing director · appointed in the act of 19-03-2026 · term without a fixed end · Private limited company · permanent representative: Yvan CLAUS

Current

BREKAR

Managing director · appointed in the act of 21-11-2023 · term without a fixed end · Private limited company · permanent representative: Karen DE WOLF

Current

Permanent representatives 3

Pascal VANHONSEBROUCK

Permanent representative · appointed in the act of 21-11-2023 · for AARTCO

Current

Yvan CLAUS

Permanent representative · appointed in the act of 19-03-2026 · for Cyvan

Current

Karen DE WOLF

Permanent representative · appointed in the act of 21-11-2023 · for BREKAR

Current

Office holders in the KBO →

Signing authority

“De vennootschap wordt aldus vertegenwoordigd als volgt: Algemene vertegenwoordigingsbevoegdheid In overeenstemming met de statuten wordt de…”

deed of 21-11-2023

Owners and capital

Owners

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Mandate history

4 people, 3 in office

All 4 In office 3 Ended 1

Board
Day-to-day management
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
AARTCO	Manager (not named in the articles), until 21-11-2023 Director (not named in the articles), appointed in the act of 21-11-2023, still in office Managing director, appointed in the act of 21-11-2023, still in office
BREKAR	Manager (not named in the articles), until 21-11-2023 Director (not named in the articles), appointed in the act of 21-11-2023, until 05-11-2024 Director (not named in the articles), appointed in the act of 21-11-2023, still in office Managing director, appointed in the act of 21-11-2023, until 05-11-2024
Cyvan	Director, from 01-02-2026 to date Managing director, appointed in the act of 19-03-2026, still in office
Lauren Consult	Director, appointed in the act of 10-04-2025, until 19-03-2026 Managing director, appointed in the act of 10-04-2025, until 19-03-2026

See the board, name and registered office on a given date →

Articles of association

Board rule: “BEZOLDIGING VAN DE BESTUURDERS, 12”
“Bij staking niet aangenomen, college kan onder leden voorzitter kiezen;bij verhindering of niet-benoeming duiden aanwezigen voorzitter aan”
Transfer restriction: “Helft kandidaat-overdrager en helft overige Aandeelhouders pro rata Aandelenbezit,kosten en erelonen en aanstellingskosten;bij herroeping…”
“Verkoopoptie aan kandidaat-overdrager tegen Prijs geboden door kandidaat-overnemer, volgrecht-3”
“Overgang-effecten-ingevolge-overlijden-II, prijs per Aandeel bepaald in waarderingsrapport deskundige”
“III.TOEGELATEN EFFECTENOVERDRACHTEN, 1)”
“III.TOEGELATEN EFFECTENOVERDRACHTEN, 2)”
“III.TOEGELATEN EFFECTENOVERDRACHTEN, 3)”
“III.TOEGELATEN EFFECTENOVERDRACHTEN, heer Pascal VANHONSEBROUCK en/of zijn echtgenote en/of zijn afstammelingen in rechte nederdalende lijn”

Articles of association, deed of 21-11-2023 (in Dutch)

Network & group

Companies at the same address

24 other companies

and 14 more

Connections & network

3 current directors

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

Acts, filings and financial milestones

All 19Financial 4Gazette 5Filings 10

Deadline for the 2027 accounts: 31-01-2028

2026

27-10

NBB filing Annual accounts 2026 filedNBB

abbreviated format · 96 days before the deadline

30-06

Financial Back to profitnet €159,141

The net result is €159,141, after one loss-making year.

19-03

Gazette deed 2 directors appointed, 2 directors resigning

Resignation: LAUREN CONSULT (director) · Permanent representatives: Lauren DEBRUYCKER, Yvan CLAUS and Pascal VANHONSEBROUCK · Appointment: CYVAN (director)10 points ▸

General meeting, 01-02-2026
Director resignation, LAUREN CONSULT (director)
Permanent representative, Lauren DEBRUYCKER
Director appointment, CYVAN (director)
Permanent representative, Yvan CLAUS
Board meeting, 01-02-2026
Director resignation, LAUREN CONSULT (managing director)
Director appointment, CYVAN (managing director)
Director in office, AARTCO (managing director)
Permanent representative, Pascal VANHONSEBROUCK

Open the act in the Belgian Official Gazette

2025

26-11

NBB filing Annual accounts 2025 filedPDF

abbreviated format · 66 days before the deadline

30-06

Financial Weakest financial yearnet -€60,559

The net result drops to -€60,559, the lowest from 2019 to 2026. It recovers the following year.

10-04

Gazette deed Appointment: LAUREN CONSULT (director)

Permanent representative: Lauren DEBRUYCKER5 points ▸

General meeting, 01-12-2024
Director appointment, LAUREN CONSULT (director)
Permanent representative, Lauren DEBRUYCKER
Board meeting, 01-12-2024
Director appointment, LAUREN CONSULT (managing director)

Open the act in the Belgian Official Gazette

2024

15-11

NBB filing Annual accounts 2024 filedPDF

abbreviated format · 77 days before the deadline

05-11

Gazette deed 2 directors resigning

Resignation: BREKAR (director) · Permanent representatives: Karen DE WOLF and Pascal VANHONSEBROUCK7 points ▸

General meeting, 20-10-2024
Director resignation, BREKAR (director)
Other provision, 20-10-2024
Board meeting, 20-10-2024
Director resignation, BREKAR (managing director)
Permanent representative, Karen DE WOLF
Permanent representative, Pascal VANHONSEBROUCK

Open the act in the Belgian Official Gazette

2023

21-11

Gazette deed 4 directors appointed, 2 directors resigning

Changes of role: AARTCO (director) and BREKAR (director) · Permanent representatives: Pascal VANHONSEBROUCK and Karen DE WOLF · Purpose change20 points ▸

General meeting, 27-10-2023
Purpose change
Legal-form conversion, “besloten vennootschap” (deed in Dutch)
Capital conversion, “TWEEDE BESLUIT - VASTSTELLING VAN RECHTSWEGE OMZETTING, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Other provision, “DERDE BESLUIT - OMZETTING STATUTAIR ONBESCHIKBARE EIGEN VERMOGENSREKENINGEN, geen statutair onbeschikbaar eigen vermogen” (deed in Dutch)
Amendment of the articles, mentioned 4 times in the deed
Director resignation, AARTCO (manager (not named in the articles))
Director resignation, BREKAR (manager (not named in the articles))
Permanent representative, Pascal VANHONSEBROUCK
Permanent representative, Karen DE WOLF
Director appointment, AARTCO (director (not named in the articles))
Director appointment, BREKAR (director (not named in the articles))
The act holds 8 more points.

Open the act in the Belgian Official Gazette

20-11

NBB filing Annual accounts 2023 filedPDF

abbreviated format · 72 days before the deadline

02-01

NBB filing Annual accounts 2022 filedPDF

abbreviated format · 29 days before the deadline

2022

03-01

NBB filing Annual accounts 2021 filedPDF

abbreviated format · 28 days before the deadline

Show earlier events

2021

30-06

Financial Highest result from 2019 to 2026net €163,929 ▲67.4%

The net result of €163,929 is the highest of those years.

2020

15-12

NBB filing Annual accounts 2020 filedPDF

abbreviated format · 47 days before the deadline

30-06

Financial Equity above €500,000equity €521,644 ▲7.8%

With a profit in every financial year since 2019, equity grows to €521,644.

2019

31-12

NBB filing Annual accounts 2019 filedPDF

abbreviated format · 31 days before the deadline

07-01

NBB filing Annual accounts 2018 filedPDF

abbreviated format · 24 days before the deadline

2018

05-01

NBB filing Annual accounts 2017 filedPDF

abbreviated format · 26 days before the deadline

2005

15-07

Gazette deed IncorporationPDF

Show all 21 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

On 7 July 2005, MARCOM was incorporated.¹ Total assets went from €624,863 in 2019 to €647,535 in 2026 and headcount from 11.6 to 8.8 full-time equivalents.²

Company details

Register details

Identity

KBO record

Name MARCOM in Dutch

Enterprise number 0874.932.278

Legal form Private limited company

Status Active, normale toestand

Founded 07-07-2005

Entity type Legal entity

Duration

Unlimited

deed of 21-11-2023 (in Dutch)

Registered office clause

“Vlaams Gewest, bij besluit van het bestuursorgaan genomen met gewone meerderheid van stemmen mag de vennootschap bijhuizen…”

deed of 21-11-2023 (in Dutch)

Registered office and establishments

Registered office Gentsestraat 61, 8870 Izegem, Belgium

Establishment unit Carrefour, Kapellestraat 94, 2630 Aartselaar since 28-06-2006 · unit number 2.154.739.390

Activities

NACEBEL 2025

VAT activities

47222 Retail trade main activity

Social security (RSZ) activities

47221 Retail sale of meat and meat products, excluding game and poultry main activity

Codes under NACEBEL 2008

VAT activities

47222 Retail trade main activity

Social security (RSZ) activities

47221 Retail trade main activity

Codes under NACEBEL 2003

52220 main activity

Joint committees 119 Paritair Comité voor de handel in voedingswaren

201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 30-06-2026

Invoicing and payment

VAT number BE 0874.932.278

E-invoicing via Peppol

Reachable via Peppol

Peppol ID 0208:0874932278

Other Peppol ID 9925:BE0874932278

Registered 18-03-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Financial year and general meeting

Accounts at the NBB

Financial year end 30-06

Annual meeting

Last Friday of December at 09:00

deed of 21-11-2023 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site · 1 with a smiley

Aartselaarunit number 2.154.739.390

1 permission · smiley 2026NL00577 valid until 29-11-2026

Authorisation · Vleeswinkel · since 01-01-2006

Sites & property

Location

registered office establishment The establishment unit on the map

25 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area

6,108 m²

Building footprint

2,370 m²

Building volume

16,729 m³

Tallest building: 13.7 m.

Cadastral parcel	Region	Area	Buildings	Height / floors
11001B0278/00T000	Flanders	4,877 m²	1 · 1,989 m²	9.9 m · 2
36008A0232/00N004	Flanders	1,231 m²	1 · 381 m²	13.7 m · 3