MARCU CONSTRUCT
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €200,000 and €430,000.
Balance sheet
balance sheet total €275,196 on 31-12-2025in euro
in euro
Position in the sector
5.9%
Higher than 12% of 35,136 companies in 2025.
0.73
Higher than 12% of 34,510 companies in 2025.
2.5%
Higher than 34% of 34,711 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
275,196 | 114,281 | 172,169 | 123,662 | 65,540 | 59,567 | 54,009 | |
21/28 |
128,099 | 60,814 | 114,732 | 26,711 | 33,402 | 31,503 | 28,220 | |
22/27 |
127,099 | 59,814 | 113,732 | 25,711 | 32,402 | 30,503 | 24,720 | |
23 |
23,387 | 19,411 | 17,239 | 16,962 | 17,035 | 16,541 | 8,010 | |
24 |
103,712 | 40,403 | 95,088 | 2,954 | 2,745 | 2,501 | 1,898 | |
25 |
- | - | 1,405 | 5,795 | 12,622 | - | - | |
28 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 3,500 | |
29/58 |
147,097 | 53,467 | 57,437 | 96,951 | 32,138 | 28,064 | 25,788 | |
40/41 |
70,466 | 42,303 | 45,542 | 93,466 | 29,997 | 26,335 | 21,842 | |
40 |
16,002 | 16,099 | 31,081 | 56,289 | 14,917 | 17,240 | 17,396 | |
41 |
54,464 | 26,204 | 14,461 | 37,177 | 15,080 | 9,095 | 4,446 | |
54/58 |
3,242 | 2,000 | - | 0 | 455 | - | 1,563 | |
490/1 |
73,390 | 9,164 | 11,895 | 3,485 | 1,685 | 1,729 | 2,384 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
275,196 | 114,281 | 172,169 | 123,662 | 65,540 | 59,567 | 54,009 | |
10/15 |
16,190 | 9,314 | -1,836 | 50,873 | 28,741 | 25,255 | 23,657 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
100 |
- | - | - | - | - | - | 4,000 | |
11 |
- | - | - | - | - | 4,000 | - | |
1109/19 |
- | - | - | - | - | 4,000 | - | |
13 |
44,400 | 44,400 | 44,400 | 44,400 | 22,400 | 19,000 | 19,000 | |
130/1 |
- | - | - | - | 22,400 | 19,000 | 19,000 | |
1319 |
- | - | - | - | 22,400 | 19,000 | 19,000 | |
133 |
44,400 | 44,400 | 44,400 | 44,400 | - | - | - | |
14 |
-32,210 | -39,086 | -50,236 | 2,473 | 2,341 | 2,255 | 657 | |
17/49 |
259,007 | 104,967 | 174,006 | 72,789 | 36,799 | 34,312 | 30,351 | |
17 |
56,437 | 22,144 | 39,972 | 1,461 | 5,866 | 8,473 | 11,979 | |
170/4 |
56,437 | 22,144 | 39,972 | 1,461 | 5,866 | 8,473 | 11,979 | |
42/48 |
201,720 | 82,790 | 134,033 | 71,329 | 30,418 | 25,839 | 17,922 | |
42 |
60,390 | 17,828 | 33,811 | 3,506 | 5,978 | 3,506 | 3,506 | |
43 |
- | 10,166 | 13,917 | 3,497 | - | 1,268 | - | |
430/8 |
- | 10,166 | 13,917 | 3,497 | - | 1,268 | - | |
44 |
114,710 | 41,919 | 66,029 | 44,853 | 22,574 | 9,102 | 3,408 | |
440/4 |
114,710 | 41,919 | 66,029 | 44,853 | 22,574 | 9,102 | 3,408 | |
45 |
15,147 | 7,870 | 19,469 | 18,664 | 1,866 | 11,963 | 9,982 | |
450/3 |
7,187 | 2,399 | 17,969 | 18,318 | 1,866 | 8,950 | 8,982 | |
454/9 |
7,960 | 5,471 | 1,500 | 346 | - | 3,013 | 1,000 | |
47/48 |
11,473 | 5,007 | 808 | 808 | - | - | 1,026 | |
492/3 |
849 | 33 | - | - | 515 | - | 450 | |
| Income statement | ||||||||
9900 |
73,783 | 76,024 | -12,048 | 46,490 | 19,442 | 11,853 | 34,146 | |
62 |
29,460 | - | - | - | - | - | 2,989 | |
630 |
21,132 | 19,812 | 27,371 | 11,465 | 10,098 | 6,276 | 3,130 | |
640/8 |
6,833 | 4,094 | 5,102 | 963 | 833 | 792 | 275 | |
66A |
- | - | 406 | 268 | 577 | 528 | 116 | |
9901 |
16,357 | 52,118 | -44,927 | 33,794 | 7,934 | 4,256 | 27,636 | |
75/76B |
101 | 6 | 141 | 47 | 36 | 59 | 23 | |
75 |
101 | 6 | 141 | 47 | 36 | 59 | 23 | |
65/66B |
6,842 | 40,069 | 7,262 | 1,082 | 2,858 | 1,688 | 321 | |
65 |
6,842 | 9,883 | 7,262 | 1,082 | 2,858 | 1,640 | 278 | |
66B |
- | 30,186 | - | - | - | 48 | 43 | |
9903 |
9,616 | 12,055 | -52,047 | 32,759 | 5,112 | 2,627 | 27,338 | |
67/77 |
2,740 | 904 | 662 | 9,472 | 1,626 | 1,029 | 7,681 | |
9904 |
6,876 | 11,151 | -52,710 | 23,287 | 3,486 | 1,598 | 19,657 | |
9905 |
6,876 | 11,151 | -52,710 | 23,287 | 3,486 | 1,598 | 19,657 | |
| Appropriation of the result | ||||||||
9906 |
-32,210 | -39,086 | -50,236 | 25,627 | 5,741 | 2,255 | 19,657 | |
14P |
-39,086 | -50,236 | 2,473 | 2,341 | 2,255 | - | - | |
691/2 |
- | - | - | 22,000 | 3,400 | - | 19,000 | |
6921 |
- | - | - | 22,000 | 3,400 | - | 19,000 | |
694/7 |
- | - | - | 1,154 | - | - | - | |
694 |
- | - | - | 1,154 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 9 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 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00362149 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00235694 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00312785 | |
| 31-12-2022 | micro format | 01-06-2023 | 2023-00101732 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20228884 | |
| 31-12-2020 | micro format | 13-07-2021 | 2021-34700113 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35500422 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 37,489 | 71,929 | -17,556 | 45,260 | 18,032 | 10,532 | 30,766 | ||
| 28,008 | 30,962 | -25,338 | 34,752 | 13,583 | 7,874 | 22,787 | ||
| 89,254 | 7,080 | 115,392 | 4,775 | 11,996 | 12,059 | 31,350 | ||
| 1,242 | - | - | -455 | - | - | - | ||
| -54,623 | -29,323 | -76,596 | 25,623 | 1,720 | 2,224 | 7,866 | ||
| 5.9% | 8.2% | -1.1% | 41.1% | 43.9% | 42.4% | 43.8% | ||
| 0.73 | 0.65 | 0.43 | 1.36 | 1.06 | 1.09 | 1.44 | ||
| 16.00 | 11.27 | - | 1.43 | 1.28 | 1.36 | 1.28 | ||
| 42.5% | 119.7% | - | 45.8% | 12.1% | 6.3% | 83.1% | ||
| 2.5% | 9.8% | -30.6% | 18.8% | 5.3% | 2.7% | 36.4% | ||
| 5.48 | 7.28 | -2.42 | 41.83 | 6.31 | - | - |
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.
Overdue debts
tax and social security| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | - | - | €4,186 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €89,254 | €7,080 | €115,392 | €4,775 | €11,996 |
| €21,132 | €19,812 | €27,371 | €11,465 | €10,098 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MARCU CONSTRUCT
The operating result for 2025 is 69% lower than in 2024.
Debt's share of the balance-sheet total rises from 91.8% to 94.1%. Equity and debt are higher.