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MARCS

In bankruptcy Private limited company (pre-2019)founded 2009KBO/BCE: BE 0809.805.884
MARCS
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Overview

Information for creditors

Enterprise Court of Leuven · Official Gazette of 17-09-2025
Appeal or third-party opposition 02-10-2025Filing the claim in RegSol 11-10-2025First verification report 21-10-2025Late claim 11-09-2026

Trustees: Jacques Arnauts-Smeets, Gunther Peeters. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

13 annual accounts with figures on one time axis
peak €44,434 (2013)
-€3,437▼ €7,314
lowest -€12,814 (2021)
-€12,814▼ €12,492
peak €96,294 (2019)
€83,156▼ 13.4%
€9,474▼ 75.8%
Board2 names since 2009
2 directorsRaymaekers Monique and 1 other
Documentsfilings and deeds
26-08-202226 days late
2021micro format
Gross margin from €3,877 to -€3,437Loss of €12,814Equity from €95,971 to €83,156Debts from €39,193 to €9,474

Key points

from the 2021 annual accounts, the last ones filed

Liquidity

7.42 was 2.70 in 2020

Short-term debts fell from €39,193 to €9,328.

Filings

13 annual accounts since 2009
AprilJune31 JulyOctober201020152020

Ten of the last ten came late. The 2017 accounts came latest: 133 days after the end of the period.

No scoreTurnover not published (micro format)

Board and ownership

RM
Raymaekers Monique
Director, since 17-02-2009
SM
Schepmans Marc
Director, since 17-02-2009
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Leuven · judgment of 11-09-2025 · Bankruptcy
Incorporation 3 publications in the Belgian Official Gazette, the last on 20-07-2018 · published on 17-02-2009 · Gazette deed
First establishment MARCS / Broodjes Monique
All 20 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 11-09-2025
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Establishment unit
2.177.642.575since 13-02-2009
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

-€3,437
€12,814▲ 40×
€83,156▼ 13.4%
€92,630▼ 31.5%
Filing
Filed on 26-08-2022
Financials

Insights on MARCS

On 11 September 2025 the court declared MARCS bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

micro format, filed on 26-08-2022, 26 days late
-€3,437
▼ €7,314
-€10,360
▼ €11,098
-€12,814
▼ €12,492
€59,848
▼ 10.1%
89.8%
▲ 18.8 percentage points
7.42
▲ 4.72

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €92,630 on 31-12-2021
What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018201720162015201420132012201120102009
Balance sheet: assets
20/58 92,630135,164115,713117,633115,140106,234142,540173,885130,420123,937124,334127,910132,861
21/28 23,45529,4204,2006,3008,5474,3148,66228,26842,19258,92176,65192,168108,282
22/27 23,45529,4204,2006,3008,5474,3148,66228,26842,19258,92176,65192,168108,282
23 3,1114,291----35701058051,9343,0633,590
24 20,34425,1304,2006,3008,5474,3148,62828,19842,08758,11674,71889,105104,693
29/58 69,176105,743111,513111,333106,593101,920133,878145,61788,22965,01747,68235,74224,579
29 66,10996,768104,991102,62480,08685,000-------
291 66,10996,768104,991102,62480,08685,000-------
40/41 3,0678,9566,5218,7099,22413,004131,182145,61787,17265,01747,68235,74220,827
40 2,8395,3805,8318,2659,2248,25419,06063,45011,1088,72510,6681,4966,336
41 2293,577691444-4,750112,12282,16776,06456,29137,01434,24714,491
54/58 ----17,2833,9172,132-1,056---3,752
490/1 -19----564------
Balance sheet: equity and liabilities
10/49 92,630135,164115,713117,633115,140106,234142,540173,885130,420123,937124,334127,910132,861
10/15 83,15695,97196,29491,24185,77478,61474,20361,11246,20327,51818,08913,5078,845
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 --18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 --12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 76,95689,77190,09485,04179,57416,62927,02325,08820,57311,3537,8045,5141,389
130/1 1,8601,860-----------
130 --1,8601,8601,8601,8601,8601,8601,8601,8601,8601,86066
1311 1,8601,860-----------
132 -3,6133,6133,6133,61314,76925,16312,83318,7139,4935,9443,6541,323
133 75,09684,29784,62079,56774,101--10,395-----
14 -----55,78640,98029,82519,4309,9644,0841,7941,257
17/49 9,47439,19319,41926,39229,36627,62068,337112,77384,21896,420106,245114,402124,015
17 ---1,4684,4084,4178,81546,24836,49945,47765,09584,785103,533
170/4 ---1,4684,4084,4178,81546,24836,49945,47765,09584,785103,533
42/48 9,32839,19319,41924,92424,74620,14359,06966,52547,71945,94341,15029,61720,482
42 -----4,39732,79225,50737,62130,68623,65418,74817,852
43 ------3,1771,092-3,0073,9241,473-
430/8 ------3,1771,092-3,0073,9241,473-
44 5,77133,8163,2575,3117,6221,42614,73722,6559151,7243,7333,391754
440/4 5,77133,8163,2575,3117,6221,42614,73722,6559151,7243,7333,391754
45 1,13348111,56914,80117,1249,3888,36317,2719,18410,5259,8396,0051,877
450/3 1,13348111,56914,80117,1249,3888,36317,2719,18410,5259,8396,0051,877
47/48 2,4244,8954,5934,812-4,931-------
492/3 146---2123,060454--5,000---
Income statement
76A 3,4339,277--14,768-405------
9900 -3,4373,8778,10413,54024,08916,81427,38636,24244,43435,09431,62928,52321,991
630 6,9242,3402,1002,2472,2474,3495,01014,39115,30318,77819,21616,71614,866
640/8 -----1,0845951,1772,8731811,16214468
66A -800-----------
9901 -10,3607376,00411,29321,84211,38221,78120,67426,25916,13511,25111,6627,057
75/76B --2,566-52-001----
75 --2,566---001----
76B ----52--------
65/66B 1,8031,4595187891,2931,8904,8151,6813,8454,2175,1876,2243,972
65 1,8031,4595187891,2931,8904,8151,6813,8454,2175,1876,2243,972
9903 -12,163-7218,05110,50420,6029,49317,37018,99322,41411,9186,0645,4383,086
67/77 651-3982,9983,43813,4425,0824,2804,0833,7292,4891,483776440
9904 -12,814-3235,0537,0677,1604,41113,09114,91018,6859,4294,5814,6622,645
789 3,613---11,15510,3959,2205,880-2,331---
689 ------11,15510,3959,2205,8802,2912,3311,323
9905 -9,201-3235,0537,06718,31514,80611,15510,3959,4655,8802,2912,3311,323
Appropriation of the result
9906 -9,201-3235,0537,06774,10155,78640,98029,82519,4309,9644,0843,5881,323
791/2 9,201323-1,600---------
691/2 --5,0537,06774,101------1,79466
6920 -----------1,79466
6921 --5,0537,06774,101--------
694/7 ---1,600---------
694 ---1,600---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 26-08-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2021 annual accounts filed 26 days after the deadline. Filed on 26 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20337308.

Financial year Type Filed Reference Document
31-12-2021 micro format 26-08-2022 2022-20337308 PDF
31-12-2020 micro format 18-08-2021 2021-50100539 PDF
31-12-2019 micro format 17-10-2020 2020-62900438 PDF
31-12-2018 micro format 15-08-2019 2019-47200162 PDF
31-12-2017 micro format 11-12-2018 2018-74500540 PDF
31-12-2016 abbreviated format 25-09-2017 2017-61900431 PDF
31-12-2015 abbreviated format 12-08-2016 2016-42200111 PDF
31-12-2014 abbreviated format 25-09-2015 2015-60300166 PDF
31-12-2013 abbreviated format 22-09-2014 2014-59100487 PDF
31-12-2012 abbreviated format 16-09-2013 2013-58100076 PDF
31-12-2011 abbreviated format 28-09-2012 2012-58100492 PDF
31-12-2010 abbreviated format 12-10-2011 2011-57700464 PDF
31-12-2009 abbreviated format 13-10-2010 2010-57500500 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018201720162015201420132012201120102009
-3,4373,0778,10413,54024,08915,73126,79135,06541,56134,91330,46828,37821,923
-5,8912,0177,1539,3149,4078,76018,10129,30133,98828,20723,79821,37817,511
95831,7602,100010,500012,5004671,3741,04810,500602123,148
----13,3661,784-------
59,84866,55092,09486,40981,84781,77874,80979,09240,51019,0746,5326,1254,096
89.8%71.0%83.2%77.6%74.5%74.0%52.1%35.1%35.4%22.2%14.5%10.6%6.7%
7.422.705.744.474.315.062.272.191.851.421.161.211.20
0.110.410.200.290.340.350.921.851.823.505.878.4714.02
-15.4%-0.3%5.2%7.7%8.3%5.6%17.6%24.4%40.4%34.3%25.3%34.5%29.9%
-13.8%-0.2%4.4%6.0%6.2%4.2%9.2%8.6%14.3%7.6%3.7%3.6%2.0%
-1.91------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2021
Tangible fixed assets€958
€6,924

Source: notes to the 2021 annual accounts (statement of fixed assets)

Insights on MARCS

The operating result for 2021 is a loss of €10,360, after a profit of €737 in 2020. It is the lowest result since 2009.

Debt's share of the balance-sheet total falls from 29.0% to 10.2%. Equity and debt are lower.

Board & ownership

Curators

the curators have managed the company since 11-09-2025
Jacques Arnauts-Smeets
Curator, Herseltse- Steenweg 5, 3200 Aarschot
Also on 329 other cases
Gunther peeters
Curator, Herseltsesteenweg 5, 3200 Aarschot
Also on 319 other cases

Last board

2 directors
Raymaekers Monique
Director
since 17-02-2009
listed in the 2021 annual accounts, filed on 26-08-2022
Schepmans Marc
Director
since 17-02-2009
listed in the 2021 annual accounts, filed on 26-08-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Raymaekers Monique
Director
Schepmans Marc
Director
BoardBankruptcy 11-09-2025
Mandates as a list
  • Raymaekers Monique
    • Director, from 17-02-2009, until the bankruptcy of 11-09-2025
  • Schepmans Marc
    • Director, from 17-02-2009, until the bankruptcy of 11-09-2025

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

Control

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

Capital

Contribution
€6,200
Source
2021 annual accounts

Network & group

No group

MARCS has no parent and no holdings in its annual accounts. MARCS shares no director with another company.

Timeline

Timeline

20 events since 2009
2025
Bankruptcy published Enterprise Court of Leuven · judgment of 11-09-2025
2022
Annual accounts 2021 filed PDFmicro format · 26 days late
2021
Weakest financial year net -€12,814 The net result drops to -€12,814, the lowest from 2009 to 2021.
Liquidity more than doubled current ratio 7.42 The current ratio rises from 2.70 to 7.42. Short-term debt falls from €39,193 to €9,328.
Annual accounts 2020 filed PDFmicro format · 18 days late
2020
Annual accounts 2019 filed PDFmicro format · 78 days late
2019
Annual accounts 2018 filed PDFmicro format · 15 days late
2018
Annual accounts 2017 filed PDFmicro format · 133 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 56 days late
2016
Liquidity more than doubled current ratio 5.06 The current ratio rises from 2.27 to 5.06. Short-term debt falls from €59,069 to €20,143.
Annual accounts 2015 filed PDFabbreviated format · 12 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 56 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 53 days late
2013
Highest result from 2009 to 2021 net €18,685 ▲98.2% The operating result of €26,259 and the net result of €18,685 are both a record.
Annual accounts 2012 filed PDFabbreviated format · 47 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 59 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 73 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 74 days late
2009
Incorporation PDF3 publications in the Belgian Official Gazette, the last on 20-07-2018 · published on 17-02-2009
First establishment MARCS / Broodjes Monique

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 13 February 2009, MARCS was incorporated.1 Total assets went from €117,633 in 2018 to €92,630 in 2021.2 The company was declared bankrupt on 11 September 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian Official Gazette, 17-09-2025

Company details

Identity

Enterprise number
0809.805.884
VAT number
BE 0809.805.884
Legal form
Private limited company (pre-2019)
Status
In bankruptcy, since 11-09-2025
Founded
13-02-2009
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
MARCS in Dutch
Entity type
Legal entity

Registered office and establishments

1 establishment
Establishment Since Unit number
MARCS / Broodjes Monique 42110 Construction of roads and motorways 13-02-2009 2.177.642.575

Buildings and parcels at the address

Ground area
766 m²
Buildings
177 m²
Volume, LiDAR
721 m³
Tallest building
6.4 m
Buildings to scale, each on its own parcel
177 m², 6.4 m 177 m², 6.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
24095C0173/00D003766 m² 1 · 177 m² 6.4 m · 1

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