MARCUS DYNAMIC
Dissolved and wound upFinancials · financial year 2025, micro format
2025 annual accounts filed 39 days after the deadline Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509716.
Annual accounts 2025 filed on 08-09-2026 at the NBB all 15 filings
Equity
-€30,867▼ 12.6%
2024 · -€27,407
Total assets
€171▼ 98.4%
2024 · €10,740
Net result
-€3,460▼ 85.4%
2024 · -€1,867
Working capital
-€30,867▼ 12.6%
2024 · -€27,407
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€3,415
▼ 87.5%
2025
20182025
Net result
-€3,460
▼ 85.4%
2025
20182025
Equity
-€30,867
▼ 12.6%
2025
20182025
Total assets
€171
▼ 98.4%
2025
20182025
Debt
€31,038
▼ 18.6%
2025
20182025
Working capital
-€30,867
▼ 12.6%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€8,511--€11,190-€14,421▼ 28.9%-€9,524▲ 34.0%-€4,036▲ 57.6%-€3,026▲ 25.0%-€1,822▲ 39.8%-€3,415▼ 87.5%
Net result€5,240--€11,764-€14,608▼ 24.2%-€9,884▲ 32.3%-€4,094▲ 58.6%-€3,071▲ 25.0%-€1,867▲ 39.2%-€3,460▼ 85.4%
Equity€17,880-€6,116▼ 65.8%-€8,492-€18,376▼ 116%-€22,470▼ 22.3%-€25,540▼ 13.7%-€27,407▼ 7.3%-€30,867▼ 12.6%
Total assets€36,991-€16,426▼ 55.6%€9,115▼ 44.5%€11,858▲ 30.1%€10,629▼ 10.4%€11,564▲ 8.8%€10,740▼ 7.1%€171▼ 98.4%
Debt€19,111-€10,310▼ 46.1%€17,607▲ 70.8%€30,234▲ 71.7%€33,099▲ 9.5%€37,104▲ 12.1%€38,147▲ 2.8%€31,038▼ 18.6%
Working capital€14,980-€4,666▼ 68.9%-€8,492-€18,376▼ 116%-€22,470▼ 22.3%-€25,540▼ 13.7%-€27,407▼ 7.3%-€30,867▼ 12.6%
The operating result for 2025 is a loss of €3,415, larger than the loss of €1,822 in 2024. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€31,038▼
2024 · €38,147
The ratios are withheld because a balance sheet total of €171 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,534 | €1,450 | €1,450 | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €742 | €339 | €0 | €1,076 | €3,381 | ▲ 214% |
| Gross operating margin9900 | €11,677 | -€9,099 | -€12,328 | -€8,781 | -€3,697 | -€3,026 | -€746 | -€34 | ▲ 95.4% |
| Operating profit (loss)9901 | €8,511 | -€11,190 | -€14,421 | -€9,524 | -€4,036 | -€3,026 | -€1,822 | -€3,415 | ▼ 87.5% |
| Recurring financial income75 | €2 | - | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €214 | €45 | €45 | €45 | €45 | = |
| Recurring financial charges65 | €343 | €404 | €42 | €214 | €45 | €45 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | €8,169 | -€11,595 | -€14,463 | -€9,738 | -€4,081 | -€3,071 | -€1,867 | -€3,460 | ▼ 85.4% |
| Income taxes67/77 | €2,929 | €169 | €145 | €146 | €13 | €0 | - | - | - |
| Profit (loss) for the period9904 | €5,240 | -€11,764 | -€14,608 | -€9,884 | -€4,094 | -€3,071 | -€1,867 | -€3,460 | ▼ 85.4% |
| Profit (loss) for the period to be appropriated9905 | €5,240 | -€11,764 | -€14,608 | -€9,884 | -€4,094 | -€3,071 | -€1,867 | -€3,460 | ▼ 85.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €36,991 | €16,426 | €9,115 | €11,858 | €10,629 | €11,564 | €10,740 | €171 | ▼ 98.4% |
| Fixed assets21/28 | €2,900 | €1,450 | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €2,900 | €1,450 | - | - | - | - | - | - | - |
| Current assets29/58 | €34,091 | €14,976 | €9,115 | €11,858 | €10,629 | €11,564 | €10,740 | €171 | ▼ 98.4% |
| Amounts receivable within one year40/41 | €10,166 | €6,124 | €4,890 | €10,467 | €10,377 | €5,598 | €5,755 | €158 | ▼ 97.3% |
| Trade receivables40 | - | - | - | €6,598 | €5,598 | €5,598 | €5,598 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €3,870 | €4,779 | €0 | €158 | €158 | = |
| Cash at bank and in hand54/58 | €22,695 | €7,457 | €2,800 | €1,391 | €253 | €5,967 | €4,985 | €13 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €36,991 | €16,426 | €9,115 | €11,858 | €10,629 | €11,564 | €10,740 | €171 | ▼ 98.4% |
| Equity10/15 | €17,880 | €6,116 | -€8,492 | -€18,376 | -€22,470 | -€25,540 | -€27,407 | -€30,867 | ▼ 12.6% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €11,210 | €11,210 | €11,210 | €11,210 | €11,210 | €11,210 | €11,210 | €11,210 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €9,350 | €9,350 | €9,350 | €9,350 | €9,350 | = |
| Profit (loss) carried forward14 | €470 | -€11,294 | -€25,902 | -€35,786 | -€39,880 | -€42,950 | -€44,817 | -€48,277 | ▼ 7.7% |
| Amounts payable17/49 | €19,111 | €10,310 | €17,607 | €30,234 | €33,099 | €37,104 | €38,147 | €31,038 | ▼ 18.6% |
| Amounts payable within one year42/48 | €19,111 | €10,310 | €17,607 | €30,234 | €33,099 | €37,104 | €38,147 | €31,038 | ▼ 18.6% |
| Trade debts44 | €703 | €3,037 | €3,271 | €7,058 | €7,807 | €9,990 | €11,177 | €1,090 | ▼ 90.2% |
| Suppliers440/4 | - | - | - | €7,058 | €7,807 | €9,990 | €11,177 | €1,090 | ▼ 90.2% |
| Taxes, remuneration and social security45 | - | - | - | €543 | €241 | €95 | €82 | €694 | ▲ 747% |
| Taxes450/3 | - | - | - | €543 | €241 | €95 | €82 | €694 | ▲ 747% |
| Other amounts payable47/48 | - | - | - | €22,633 | €25,052 | €27,020 | €26,888 | €29,254 | ▲ 8.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,240 | -€11,764 | -€14,608 | -€9,884 | -€4,094 | -€3,071 | -€1,867 | -€3,460 | ▼ 85.4% |
| + Depreciation and write-downs630 | €2,534 | €1,450 | €1,450 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | €7,774 | -€10,314 | -€13,158 | -€9,884 | -€4,094 | -€3,071 | -€1,867 | -€3,460 | ▼ 85.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - | - | - | - |
| Change in cash | - | -€15,238 | -€4,657 | -€1,410 | -€1,138 | €5,714 | -€982 | -€4,971 | ▼ 406% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-09-2026 | 2026-00509716 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00526557 | |
| 31-12-2023 | micro format | 27-09-2024 | 2024-00483472 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00424731 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20409962 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63700115 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-67500316 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-56000453 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-67200506 | |
| 31-12-2016 | micro format | 12-07-2017 | 2017-30700184 |