MARCUS
ActiveSummary
MARCUS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,916 and a net result of €41,708. Equity has been stable since 2018 (±2.2% per year). Its solvency ranks better than 90% of 17,001 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-07-2012 Normal situation
- Activity
- Cafés and bars NACE 56301
- Establishment units
- 2.212.391.638 2940 Stabroek, since 01-08-2012
- 2.220.104.722 2940 Stabroek, since 01-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €178,856
- ▲ 25.4%
- Turnover
- ≈ €470,000
- estimated
- Profit
- €41,708
- ▲ 301%
- Equity
- €127,916
- ▲ 10.5%
- Total assets
- €161,222
- ▲ 12.1%
- Employees on 31-12-2025
- 1
- ▼ 66.7%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 4.48, cash €118,555Equity €127,916 (79.3% of total assets)Founded in 2012Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 94% of them on solvency, 94% on liquidity, 93% on profitability and 56% 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
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 13 filings
Every figure per financial year
The operating result for 2025 is nearly 3.7 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 2 | 3 | 1 |
| full-time | 1 | 1 | 1 | 1 | - |
| part-time | 3 | 2 | 1 | 2 | 1 |
| in full-time equivalents | 1.7 | 1.5 | 1.2 | 1.3 | 0.8 |
| Average over the year, in full-time equivalents | 1.8 | 4.5 | 4.7 | 4.3 | 4.9 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 24 | 95 | 121 | 113 | 170 |
| Left | 21 | 96 | 122 | 112 | 172 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,853 | €3,280 | €1,446 | €10,782 | €1,166 |
| Financial fixed assets | - | €100 | - | - | - |
| Depreciation and write-downs of the year | €14,147 | €9,107 | €4,810 | €2,349 | €2,891 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,000 awarded · €2,000 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €37,681 | €95,873 | €114,712 | €120,167 | €120,935 | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,938 | €15,257 | €14,876 | €14,147 | €9,107 | €4,810 | €2,349 | €2,891 | ▲ 23.1% |
| Other operating charges640/8 | - | - | - | €2,528 | €5,716 | €6,207 | €4,305 | €5,902 | ▲ 37.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €2,405 | - | - |
| Gross operating margin9900 | €120,235 | €125,563 | -€19,795 | €52,659 | €143,217 | €152,887 | €142,637 | €178,856 | ▲ 25.4% |
| Operating profit (loss)9901 | €40,424 | €47,373 | -€70,407 | -€1,697 | €32,522 | €27,157 | €13,410 | €49,128 | ▲ 266% |
| Financial income75/76B | - | - | - | €8 | €3 | €15 | €0 | €0 | ▲ 267% |
| Recurring financial income75 | €172 | €671 | €819 | €8 | €3 | €15 | €0 | €0 | ▲ 267% |
| Financial charges65/66B | - | - | - | €531 | €835 | €866 | €1,889 | €2,659 | ▲ 40.8% |
| Recurring financial charges65 | €702 | €370 | €236 | €531 | €835 | €866 | €1,889 | €2,659 | ▲ 40.8% |
| Profit (loss) for the period before taxes9903 | €39,894 | €47,675 | -€69,823 | -€2,220 | €31,690 | €26,306 | €11,521 | €46,468 | ▲ 303% |
| Income taxes67/77 | €10,439 | €18,096 | - | - | €2,735 | €2,391 | €1,116 | €4,761 | ▲ 327% |
| Profit (loss) for the period9904 | €29,455 | €29,578 | -€69,823 | -€2,220 | €28,954 | €23,915 | €10,406 | €41,708 | ▲ 301% |
| Profit (loss) for the period to be appropriated9905 | €29,455 | €29,578 | -€69,823 | -€2,220 | €28,954 | €23,915 | €10,406 | €41,708 | ▲ 301% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €192,674 | €215,146 | €142,464 | €108,232 | €167,330 | €168,952 | €143,787 | €161,222 | ▲ 12.1% |
| Fixed assets21/28 | €57,618 | €43,957 | €29,081 | €16,786 | €11,060 | €7,696 | €13,724 | €11,999 | ▼ 12.6% |
| Intangible fixed assets21 | €18,181 | €12,708 | €7,236 | €2,250 | - | - | - | - | - |
| Tangible fixed assets22/27 | €39,158 | €30,968 | €21,565 | €14,256 | €10,680 | €7,316 | €13,344 | €11,619 | ▼ 12.9% |
| Plant, machinery and equipment23 | - | - | - | €2,947 | €319 | €1,398 | €4,851 | €4,555 | ▼ 6.1% |
| Furniture and vehicles24 | - | - | - | €1,968 | €4,621 | €3,779 | €1,189 | €1,003 | ▼ 15.6% |
| Other tangible fixed assets26 | - | - | - | €9,342 | €5,740 | €2,139 | €7,304 | €6,061 | ▼ 17.0% |
| Financial fixed assets28 | €280 | €280 | €280 | €280 | €380 | €380 | €380 | €380 | = |
| Current assets29/58 | €135,056 | €171,189 | €113,383 | €91,446 | €156,271 | €161,256 | €130,063 | €149,223 | ▲ 14.7% |
| Stocks and contracts in progress3 | €14,065 | €18,293 | €17,090 | €10,606 | €8,648 | €9,015 | €7,845 | €9,231 | ▲ 17.7% |
| Stocks30/36 | - | - | - | €10,606 | €8,648 | €9,015 | €7,845 | €9,231 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €13,861 | €18,701 | €17,644 | €13,095 | €53,279 | €23,962 | €21,495 | €14,530 | ▼ 32.4% |
| Trade receivables40 | - | - | - | €13,095 | €41,015 | €21,353 | €17,611 | €14,530 | ▼ 17.5% |
| Other amounts receivable41 | - | - | - | - | €12,265 | €2,609 | €3,884 | - | - |
| Current investments50/53 | €6,908 | €6,908 | €4,463 | €6,908 | €6,908 | €6,908 | €6,908 | €6,908 | = |
| Cash at bank and in hand54/58 | €80,221 | €107,286 | €54,187 | €60,837 | €87,435 | €121,371 | €93,815 | €118,555 | ▲ 26.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €192,674 | €215,146 | €142,464 | €108,232 | €167,330 | €168,952 | €143,787 | €161,222 | ▲ 12.1% |
| Equity10/15 | €156,911 | €186,489 | €116,666 | €85,874 | €113,229 | €129,936 | €115,786 | €127,916 | ▲ 10.5% |
| Contributions10/11 | €7,000 | €7,000 | - | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €149,911 | €179,489 | €109,666 | €78,874 | €106,229 | €122,936 | €108,786 | €120,916 | ▲ 11.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €77,014 | €104,369 | €122,936 | €108,786 | €120,916 | ▲ 11.1% |
| Amounts payable17/49 | €35,763 | €28,656 | €25,798 | €22,358 | €54,102 | €39,016 | €28,001 | €33,307 | ▲ 18.9% |
| Amounts payable within one year42/48 | €35,763 | €28,656 | €25,798 | €22,358 | €54,102 | €39,016 | €28,001 | €33,307 | ▲ 18.9% |
| Trade debts44 | €10,948 | €4,893 | €1,829 | €3,207 | €13,646 | €21,109 | €9,227 | €14,686 | ▲ 59.2% |
| Suppliers440/4 | - | - | - | €3,207 | €13,646 | €21,109 | €9,227 | €14,686 | ▲ 59.2% |
| Advances received on contracts in progress46 | - | - | - | - | €25,921 | - | €3,565 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €13,932 | €8,541 | €13,695 | €12,649 | €18,268 | ▲ 44.4% |
| Taxes450/3 | - | - | - | €10,482 | €1,742 | €856 | €2,970 | €5,456 | ▲ 83.7% |
| Remuneration and social security454/9 | - | - | - | €3,450 | €6,799 | €12,839 | €9,679 | €12,812 | ▲ 32.4% |
| Other amounts payable47/48 | - | - | - | €5,219 | €5,994 | €4,211 | €2,560 | €353 | ▼ 86.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,455 | €29,578 | -€69,823 | -€2,220 | €28,954 | €23,915 | €10,406 | €41,708 | ▲ 301% |
| + Depreciation and write-downs630 | €14,938 | €15,257 | €14,876 | €14,147 | €9,107 | €4,810 | €2,349 | €2,891 | ▲ 23.1% |
| Operating cash flow (approximation) | €44,393 | €44,835 | -€54,948 | €11,927 | €38,061 | €28,725 | €12,755 | €44,598 | ▲ 250% |
| Investment in fixed assets (approximation) | - | -€1,595 | €0 | -€1,853 | -€3,380 | -€1,446 | -€8,377 | -€1,166 | ▲ 86.1% |
| Change in cash | - | €27,065 | -€53,100 | €6,650 | €26,598 | €33,936 | -€27,556 | €24,740 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as MARCUS has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of MARCUS 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.
| 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 17,811 companies, not a prediction for MARCUS. 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 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00214496 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00189985 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00180878 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00286917 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20146923 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62400363 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48000199 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49700177 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56300398 | |
| 31-12-2016 | micro format | 14-06-2017 | 2017-17100316 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 22-05-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE NIL Sharon |
|
| Anthe CORNELISSENS |
|
| Patrick CORNELISSENS |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Na goedkeuring ondertekend door alle leden, treft besluiten naar eigen inzicht”
Articles of association, deed of 22-05-2023 (in Dutch)
Network & group
MARCUS shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of MARCUS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-05
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Director in office4 points ▸
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “statutair onbeschikbare eigen vermogensrekening, beschikbaar maken” (deed in Dutch)
- Director in office, De Nil Sharon Susy Patrick (director)
- Amendment of the articles
26-11
Gazette deed
1 director appointed, 2 directors resigningResignations: Patrick CORNELISSENS (manager) and Anthe CORNELISSENS (manager) · Appointment: DE NIL Sharon (director) · Director discharge6 points ▸
- General meeting, 25-10-2021
- Director resignation, Patrick CORNELISSENS (manager)
- Director resignation, Anthe CORNELISSENS (manager)
- Director discharge, Patrick CORNELISSENS
- Director discharge, Anthe CORNELISSENS
- Director appointment, DE NIL Sharon (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het uitbaten en inrichten van één of meerdere snel-buffetten,snackbars,sandwichbars,hamburgerrestaurants,frietkramen,hotdogstalletjes,croissanteries,crêperies,warmwafelkramen,tearooms,ijssalons,cafetaria's,pizzeria's,pitabars,drivein restaurants,met inbegrip van verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden en in het algemeen in een wegwerpverpakking aangeboden worden,alsook verkoop via telefoon,fax en/of internet van eetwaren en dranken die worden afgehaald of die worden thuisbezorgd
- Het uitbaten en inrichten van één of meerdere restaurants en drankgelegenheden in het algemeen waaronder onder meer restaurants van het traditionele type,spijshuizen,snackbars en fast foodzaken,verbruikerssalons,tea-rooms,milkbars,cafés,bars,nachtclubs,bodega's en tavernen evenals alle drankgelegenheden allerhande al dan niet met alcoholhoudende dranken en sterke dranken,bier-hallen,wijnbars,feestzalen,kortom alle activiteiten in de horecasector en het horecabedrijf in de ruimste zin van het woord,met inbegrip van de verkoop van tabaks- en rookwaren,zichtkaarten,suikergoedwaren,belegde broodjes,snoepgoed,parfumerieartikelen,snuisterijen en fantasieartikelen,souvenirs en folkloreartikelen evenals luxeartikelen
- De groot- en kleinhandel in,de aan- en verkoop,de im- en export,het in huur nemen en verhuren,de herstelling,het onderhoud,de installatie en de uitbating van alle horecatoestellen,uitrusting en toebehoren evenals van alle automatische ontspannings- en amusementsspelen,toestellen en toebehoren
- Het organiseren van allerhande feesten,banketten,barbecues en alle andere activiteiten die daarmee rechtstreeks of onrechtstreeks verband houden
- Het ter beschikking stellen van allerhande ruimten
- Catering,uitzendkoks en verzorgen van feesten en recepties,alle traiteursdiensten en aanverwante activiteiten zoals het klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en bereide schotels en alle toebehoren
- De in- en uitvoer van,de groot- en kleinhandel in alle voedingswaren en dranken,zowel alcoholische als andere
- Het begeleiden van en het adviseren van derden bij het inrichten en het uitbaten van horeca en aanverwante bedrijven
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
2 sitesSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11044E0303/00K000 | Flanders | 2,137 m² | 1 · 888 m² | 8.6 m · 1 |
| 11044C0296/00D000 | Flanders | 243 m² | 1 · 174 m² | 7.4 m · 2 |