Summary
MARGRé is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.65M and a net result of €22k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 46% of 2394 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
30 d late
2022
4 d late
2021
3 d late
2020
12 d late
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Equity
€3.65M▲ 0.6%
2024 · €3.63M
2020: €2.66M
2021: €2.87M
2022: €3.16M
2023: €3.53M
2024: €3.63M
2020 → 2025
Net result
€22k▼ 77.6%
2024 · €99k
2020: €167k
2021: €212k
2022: €295k
2023: €366k
2024: €99k
2020 → 2025
Total assets
€6.50M▲ 5.5%
2024 · €6.16M
2020: €3.15M
2021: €3.44M
2022: €5.38M
2023: €5.61M
2024: €6.16M
2020 → 2025
Solvency
56.1%▼ 2.7pp
2024 · 58.8%
2020: 84.3%
2021: 83.4%
2022: 58.7%
2023: 62.9%
2024: 58.8%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€254
Equity€2.87M-€3.16M▲ 10.3%€3.53M▲ 11.6%€3.63M▲ 2.8%€3.65M▲ 0.6%
Operating result€284k-€381k▲ 34.2%€470k▲ 23.3%€114k▼ 75.7%€-4k
Net result€212k-€295k▲ 39.1%€366k▲ 24.2%€99k▼ 73.1%€22k▼ 77.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €114k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.50M
Fixed assets
€4.36M ▲ 1.4%
Current assets
€2.15M ▲ 15.0%
Equity and liabilities €6.50M
Equity
€3.65M ▲ 0.6%
Debt
€2.85M ▲ 12.5%
Debt's share of the balance-sheet total rises from 41.2% to 43.9%. Equity and debt are higher.
Key figures and ratios
ROE
0.6%▼
2024 · 2.7%
ROA
0.3%▼
2024 · 1.6%
Debt ≤ 1 year
€2.66M▲
2024 · €2.34M
Debt > 1 year
€172k▼
2024 · €196k
Income taxes
€14k▼
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.16M€6.50M▲
Fixed assets21/28€4.30M€4.36M▲
Tangible fixed assets22/27€4.05M€4.11M▲
Land and buildings22€3.98M€4.05M▲
Furniture and vehicles24€71k€52k▼
Financial fixed assets28€253k€253k=
Other financial fixed assets284/8€253k€253k=
Amounts receivable and cash guarantees285/8€253k€253k=
Current assets29/58€1.86M€2.15M▲
Amounts receivable after more than one year29€1.49M€1.61M▲
Other amounts receivable291€1.49M€1.61M▲
Amounts receivable within one year40/41€262k€402k▲
Trade receivables40€174k€50k▼
Other amounts receivable41€88k€352k▲
Cash at bank and in hand54/58€96k€107k▲
Deferred charges and accrued income490/1€16k€30k▲
Equity and liabilities
Total equity and liabilities10/49€6.16M€6.50M▲
Equity10/15€3.63M€3.65M▲
Contributions10/11€310k€310k=
Capital10€310k€310k=
Issued capital100€310k€310k=
Reserves13€402k€402k=
Non-distributable reserves130/1€31k€31k=
Other1319€31k€31k=
Tax-exempt reserves132€53k€53k=
Distributable reserves133€318k€318k=
Profit (loss) carried forward14€2.91M€2.94M▲
Amounts payable17/49€2.54M€2.85M▲
Amounts payable after more than one year17€196k€172k▼
Financial debts170/4€196k€172k▼
Credit institutions173€196k€172k▼
Amounts payable within one year42/48€2.34M€2.66M▲
Current portion of amounts payable after more than one year42€25k€24k▼
Trade debts44€1k€29k▲
Suppliers440/4€1k€29k▲
Taxes, remuneration and social security45€4k€728▼
Taxes450/3€2k€728▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€2.31M€2.61M▲
Accrued charges and deferred income492/3€4k€21k▲
Income statement
Code20242025
Operating income70/76A€573k€455k▼
Turnover70-€254
Other operating income74€573k€455k▼
Operating charges60/66A€459k€459k▲
Services and other goods61€106k€122k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€341k€317k▼
Other operating charges640/8€12k€20k▲
Operating profit (loss)9901€114k€-4k▼
Financial income75/76B€39k€43k▲
Recurring financial income75€39k€43k▲
Income from current assets751€39k€43k▲
Other financial income752/9€73-
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Debt charges650€7k€3k▼
Other financial charges652/9€727€683▼
Profit (loss) for the period before taxes9903€146k€36k▼
Income taxes67/77€47k€14k▼
Taxes670/3€47k€14k▼
Profit (loss) for the period9904€99k€22k▼
Transfer from tax-exempt reserves789€89k-
Profit (loss) for the period to be appropriated9905€188k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.91M€2.94M▲
Profit (loss) brought forward from the previous period14P€2.73M€2.91M▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
Board meeting · DemergerDemerger · Capital · Share issue9 facts ▸
State Gazette act
Board meeting · Demerger
Demerger · Capital · Share issue9 facts ▸
- Board meeting, 02-09-2026
- Demerger, partiële splitsing
- Capital, €309.893,52
- Share issue, 17671
- Accounting effect, 01-04-2026
- Real estate, 31-03-2026
- Furniture, 35408.06
- Liquid funds, 25000.0, EUR
- Cash consideration
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €22k ▼77.6%
Net result drops to €22k, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Highest result since 2020net €366k ▲24.2%
Operating result €470k, net result €366k, both a record.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 4 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
2016
29-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Poperinge · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Callicannesweg 218978 PoperingeGround area
1,270 m²
Building footprint
479 m²
Volume, LiDAR
1,324 m³
Parcel 33028E0006/00P000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MARGRé
since 20042.137.697.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33028E0006/00P000 | Flanders | 1,270 m² | 1 · 479 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionSplit off to:Grémar
Capital and shareholders
Capital over the years
- 11-09-2026 Capital stated in the act · 309,893.52 EUR · 17,671 shares
Similar companies · same sector, comparable size
MARC DESSEIN
BE 0834.976.889
Kortrijk · Eq €3,648,081
Biotope Ventures
BE 0786.781.648
Gent · Eq €3,647,649
HIJA INVEST
BE 0668.596.254
Bree · Eq €3,647,633
GTS North West Europe
BE 0644.783.645
Geraardsbergen · Eq €3,652,603
JUMA
BE 0866.368.762
Kluisbergen · Eq €3,643,120
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 9,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-05-2004
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
46810Wholesale of solid, liquid and gaseous fuels and related products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
47300Retail sale of automotive fuel
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.