Equity
MARIGNAC has made a profit without a break since 2022.
MARIGNAC has made a profit without a break since 2022.
The result rose in 2025: 18-month financial year.
The accounts state no turnover.
The 2025 accounts came 31 days late. The other nine of the last ten were filed on time.
Higher net result than 90% of companies in advertising and market research. Sector median €16,334 · 2,093 companies.
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 47% of them on solvency, 19% on liquidity and 42% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 31,368 companies had the same profile as MARIGNAC has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MARIGNAC itself is higher: 0.9% within 12 months. It rests on far more data about MARIGNAC than the profile alone.
The method was tested on the 497,447 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 31,368 companies, not a prediction for MARIGNAC. 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.
Liquidity is ample, with a current ratio of 2.36 (2.0 in 2024), above the usual 1.5. Short-term debt is 35.8% and cash 0.1% of total assets. However, 52.4% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MARIGNAC Brussels | €1.7m | €485,912 | 47.6% | 1 |
| BUREAU MERTENS Ottignies-Louvain-la-Neuve | €1.4m | €366,549 | 68.8% | 0.8 |
| NIELSEN SPORTS BELGIUM Watermael-Boitsfort | €1.1m | €862,259 | 44.9% | 2 |
| DANSKE SLAGTERIER Ixelles | €1.4m | €243,140 | 96.2% | 1 |
| MnM Zwevegem | €2.7m | €347,083 | 38.9% | 0.5 |
| INSURANCE PEOPLE-HUMAN RESOURCE, MARKETING AND MANAGEMENT CONSULTANCY Ghent | €2.1m | €455,856 | 51.3% | 0.5 |
| ClarityAdvisory Lanaken | €2.4m | €284,142 | 29.4% | 0 |
These companies have the same main activity as MARIGNAC: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €1.1m and €2.7m, founded between 1990 and 2001.
MARIGNAC files the abbreviated format. That format states no turnover. The gross margin rose from €165,010 in 2007 to €485,912 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €970,000. Estimated: probably between €650,000 and €1.2m.
Higher than 53% of 2,094 companies in 2025.
Higher than 65% of 2,010 companies in 2025.
Higher than 74% of 2,053 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
1.7m | 1.4m | 1.2m | 1.0m | 800,736 | 1.1m | 1.2m | 1.3m | 1.5m | 1.7m | 1.7m | 1.8m | 1.9m | 1.9m | 1.9m | 1.7m | 1.4m | 1.6m | 1.0m | |
21/28 |
264,992 | 141,654 | 145,770 | 149,772 | 597,230 | 1.1m | 1.2m | 1.3m | 1.4m | 1.6m | 1.7m | 1.7m | 1.8m | 1.8m | 1.5m | 1.6m | 1.3m | 1.4m | 881,293 | |
22/27 |
246,891 | 123,553 | 127,669 | 131,671 | 320,507 | 302,931 | 379,052 | 427,472 | 489,157 | 1.0m | 1.0m | 1.1m | 1.2m | 1.3m | 1.4m | 1.5m | 1.3m | 1.4m | 881,293 | |
22 |
203,032 | 79,731 | 88,993 | 90,255 | 272,298 | 260,204 | 338,549 | 390,389 | 440,436 | 968,078 | 1.0m | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 1.3m | 1.3m | 828,758 | |
23 |
16,884 | 16,079 | 6,951 | 3,106 | 5,712 | 2,871 | 197 | 2,390 | 5,284 | 4,559 | 4,701 | 1,813 | 3,274 | 3,326 | 8,157 | 11,632 | 16,509 | 20,280 | 15,696 | |
24 |
26,975 | 27,744 | 31,725 | 38,310 | 42,497 | 39,856 | 40,306 | 34,693 | 43,437 | 36,659 | 11,707 | 9,182 | 13,726 | 19,170 | 28,729 | 26,188 | 32,306 | 35,528 | 36,839 | |
28 |
18,101 | 18,101 | 18,101 | 18,101 | 276,723 | 757,723 | 857,223 | 857,223 | 870,223 | 636,310 | 638,941 | 654,638 | 649,331 | 536,144 | 136,144 | 136,144 | - | - | - | |
29/58 |
1.5m | 1.2m | 1.1m | 874,377 | 203,506 | 22,705 | 48 | 39,124 | 118,441 | 59,015 | 60,025 | 70,794 | 23,442 | 73,850 | 410,175 | 62,770 | 72,870 | 209,558 | 119,050 | |
29 |
808,622 | 833,622 | 833,622 | 258,622 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
808,622 | 833,622 | 833,622 | 258,622 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
641,214 | 397,075 | 249,080 | 610,590 | 202,894 | 22,705 | 48 | 39,124 | 66,500 | 45,541 | 59,988 | 67,228 | 17,850 | 23,024 | 228,415 | 21,780 | 74 | 20,479 | 9,877 | |
40 |
765 | 6,523 | - | 25,614 | 24,225 | 22,705 | - | 39,124 | 43,430 | 45,541 | 59,988 | 42,382 | 16,410 | 23,024 | - | 21,780 | - | 20,479 | - | |
41 |
640,450 | 390,552 | 249,080 | 584,976 | 178,669 | - | 48 | - | 23,070 | - | - | 24,846 | 1,440 | - | 228,415 | - | 74 | - | 9,877 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,444 | 2,565 | 29,450 | 29,450 | 29,450 | 29,450 | |
54/58 |
2,348 | 8,701 | 6,854 | 4,075 | - | - | - | - | 51,941 | 13,474 | 37 | 3,566 | 5,592 | 49,382 | 179,195 | 11,540 | 43,346 | 159,629 | 79,723 | |
490/1 |
804 | 1,572 | 353 | 1,090 | 612 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
1.7m | 1.4m | 1.2m | 1.0m | 800,736 | 1.1m | 1.2m | 1.3m | 1.5m | 1.7m | 1.7m | 1.8m | 1.9m | 1.9m | 1.9m | 1.7m | 1.4m | 1.6m | 1.0m | |
10/15 |
817,517 | 451,331 | 366,675 | 340,302 | 26,008 | 213,258 | 185,117 | 265,431 | 387,116 | 569,657 | 577,950 | 585,588 | 579,766 | 510,676 | 474,837 | 417,797 | 146,528 | 384,110 | 210,156 | |
10/11 |
385,000 | 385,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 41,000 | 41,000 | 41,000 | 41,000 | |
100 |
- | - | - | - | - | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 350,000 | 41,000 | 41,000 | 41,000 | 41,000 | |
12 |
140,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 300,000 | - | - | - | |
13 |
- | - | 35,000 | 35,000 | 35,000 | 72,500 | 72,500 | 72,500 | 258,655 | 213,271 | 219,804 | 225,683 | 218,102 | 147,252 | 109,654 | 59,855 | 86,826 | 322,649 | 146,936 | |
130/1 |
- | - | 35,000 | 35,000 | 35,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 4,100 | 4,100 | 4,100 | 4,100 | |
1311 |
- | - | 35,000 | 35,000 | 35,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 37,500 | 37,500 | 37,500 | 223,655 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | 37,500 | |
133 |
- | - | - | - | - | - | - | - | - | 140,771 | 147,304 | 153,183 | 145,602 | 74,752 | 37,154 | 18,255 | 45,226 | 281,049 | 105,336 | |
14 |
292,517 | 66,331 | -18,325 | -44,698 | -358,992 | -209,242 | -238,709 | -160,154 | -226,166 | - | - | - | - | - | - | - | - | - | - | |
15 |
- | - | - | - | - | - | 1,326 | 3,085 | 4,627 | 6,386 | 8,146 | 9,905 | 11,664 | 13,424 | 15,183 | 16,942 | 18,702 | 20,461 | 22,220 | |
16 |
20,000 | - | - | - | - | - | - | - | 95,855 | - | 15,000 | 52,101 | 52,101 | 136,144 | 136,144 | 136,144 | 166,144 | - | - | |
160/5 |
20,000 | - | - | - | - | - | - | - | - | - | 15,000 | 52,101 | 52,101 | 136,144 | 136,144 | 136,144 | 166,144 | - | - | |
164/5 |
20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | - | 95,855 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
880,464 | 931,293 | 869,004 | 683,847 | 774,728 | 870,101 | 1.1m | 1.1m | 994,850 | 1.1m | 1.1m | 1.2m | 1.2m | 1.2m | 1.3m | 1.1m | 1.1m | 1.2m | 790,187 | |
17 |
264,763 | 312,052 | 349,299 | 382,130 | 625,232 | 646,133 | 670,929 | 793,345 | 837,098 | 929,520 | 988,554 | 1.0m | 1.1m | 1.2m | 1.2m | 1.0m | 945,266 | 998,209 | 711,677 | |
170/4 |
264,763 | - | - | - | - | - | - | 793,345 | - | - | - | - | - | - | - | 827,319 | 882,766 | 935,709 | 649,177 | |
176 |
- | 312,052 | 349,299 | 382,130 | 625,232 | 646,133 | 670,929 | - | 837,098 | 929,520 | 988,554 | 1.0m | 1.1m | 1.2m | 1.2m | - | - | - | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 190,000 | 62,500 | 62,500 | 62,500 | |
42/48 |
615,701 | 619,241 | 519,705 | 301,717 | 149,496 | 223,968 | 380,277 | 265,043 | 157,752 | 205,444 | 135,954 | 133,520 | 120,070 | 76,972 | 96,006 | 104,233 | 114,234 | 178,456 | 78,510 | |
42 |
467,607 | 471,997 | 455,331 | 268,363 | 49,811 | 33,019 | 129,946 | 102,188 | 117,756 | 60,329 | 60,229 | 55,687 | 53,931 | 52,231 | 52,128 | 52,447 | 50,687 | 48,546 | 42,915 | |
43 |
19,031 | 18,472 | - | - | 48,666 | 8,861 | 35,320 | 49,392 | 33,427 | 32,719 | 32,235 | 36,232 | 30,391 | - | - | - | - | - | - | |
430/8 |
19,031 | 18,472 | - | - | 48,666 | 8,861 | 35,320 | 49,392 | 33,427 | 32,719 | 32,235 | 36,232 | 30,391 | - | - | - | - | - | - | |
44 |
6,910 | 20,402 | 7,026 | 10,772 | 29,963 | 23,776 | 17,821 | 27,071 | 5,081 | 12,911 | - | 3,338 | 6,217 | 5,905 | 24,449 | 23,992 | 23,323 | 21,165 | 5,630 | |
440/4 |
6,910 | 20,402 | 7,026 | 10,772 | 29,963 | 23,776 | 17,821 | 27,071 | 5,081 | 12,911 | - | 3,338 | 6,217 | 5,905 | 24,449 | 23,992 | 23,323 | 21,165 | 5,630 | |
45 |
122,154 | 99,371 | 57,348 | 22,582 | 21,056 | 19,103 | 29,801 | 12,357 | 1,488 | 33,877 | 43,490 | 38,263 | 29,181 | 14,487 | 19,429 | 16,957 | 8,799 | 96,634 | 29,965 | |
450/3 |
113,062 | 86,331 | 52,043 | 17,277 | 18,891 | 15,653 | 29,801 | 12,357 | 1,488 | 33,877 | 43,490 | 38,263 | 29,181 | 14,487 | 19,429 | 16,957 | 8,799 | 96,634 | 29,965 | |
454/9 |
9,092 | 13,039 | 5,305 | 5,305 | 2,165 | 3,450 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
0 | 9,000 | - | - | - | 139,209 | 167,389 | 74,035 | - | 65,608 | - | - | 350 | 4,349 | - | 10,837 | 31,425 | 12,111 | - | |
| Income statement | ||||||||||||||||||||
76A |
0 | 11,066 | - | 289,740 | - | 143,037 | - | - | 282,010 | 5,000 | 37,101 | - | - | 10,705 | 18,103 | 543 | - | - | - | |
9900 |
485,912 | 219,981 | 126,336 | 406,923 | 65,566 | 249,285 | 76,554 | -48,803 | 326,115 | 163,919 | 126,410 | 159,893 | 140,059 | 175,905 | 227,689 | 155,271 | 80,974 | 481,205 | 165,010 | |
62 |
55,763 | 34,754 | 39,929 | 46,826 | 39,873 | 35,956 | 29,707 | 30,444 | 29,316 | 24,685 | 16,878 | - | - | - | - | - | - | - | - | |
630 |
27,225 | 18,752 | 19,018 | 18,952 | 31,898 | 29,323 | 78,072 | 69,756 | 114,227 | 92,254 | 88,729 | 89,770 | 91,633 | 94,557 | 100,304 | 115,848 | 98,348 | 172,103 | 75,719 | |
631/4 |
- | - | - | - | - | - | - | 23,666 | 16,334 | - | - | - | - | - | - | - | - | - | - | |
635/8 |
20,000 | - | - | - | - | - | - | - | - | - | - | - | -84,043 | - | - | - | 166,144 | - | - | |
640/8 |
31,956 | 9,956 | 13,676 | 9,505 | 9,818 | 32,162 | 11,807 | 18,949 | 15,776 | 11,330 | 11,179 | 10,941 | 5,794 | 11,963 | 10,174 | 11,026 | 7,377 | 7,008 | 8,082 | |
66A |
438 | 345 | 11,142 | 3,212 | 156,634 | - | - | 134 | 196,619 | 440 | 3,288 | - | - | 298 | 26,886 | 334 | 291 | 180 | 16 | |
9901 |
350,530 | 156,174 | 42,571 | 328,428 | -172,657 | 151,844 | -43,032 | -191,752 | -46,157 | 35,650 | 9,624 | 59,182 | 126,675 | 69,385 | 117,211 | 28,397 | -190,895 | 302,094 | 81,209 | |
75/76B |
8,866 | 16,904 | 33,556 | 28,388 | 1,915 | 1,371 | 1,759 | 259 | 9,887 | 5,931 | 5,053 | 6,276 | 4,240 | 12,509 | 11,319 | 2,056 | 5,902 | 8,288 | 3,503 | |
75 |
8,866 | 16,904 | 33,556 | 28,388 | 1,915 | 1,371 | 1,759 | 259 | 9,887 | 5,931 | 5,053 | 6,276 | 4,240 | 12,509 | 11,319 | 2,056 | 5,902 | 8,288 | 3,503 | |
65/66B |
85,859 | 47,422 | 32,764 | 26,962 | 16,580 | 119,417 | 37,282 | 21,369 | 47,341 | 36,427 | 43,433 | 45,516 | 43,975 | 55,816 | 60,865 | 51,943 | 49,784 | 33,304 | 34,136 | |
65 |
85,859 | 47,422 | 32,764 | 26,962 | 16,580 | 18,616 | 34,855 | 21,369 | 47,341 | 36,427 | 43,433 | 45,516 | 43,975 | 55,816 | 60,865 | 51,943 | 49,784 | 33,304 | 34,136 | |
66B |
- | - | - | - | - | 100,801 | 2,427 | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
273,537 | 125,656 | 43,363 | 329,854 | -187,322 | 33,798 | -78,555 | -212,862 | -83,611 | 9,714 | 5,057 | 19,942 | 86,940 | 36,485 | 58,882 | -21,281 | -235,068 | 276,898 | 50,560 | |
67/77 |
47,352 | 32,000 | 16,990 | 15,560 | -72 | 4,331 | - | 3,136 | 1,316 | 16,247 | 10,936 | 12,361 | 16,090 | -1,113 | 82 | 5,690 | 755 | 101,185 | 15,141 | |
9904 |
226,185 | 93,656 | 26,373 | 314,294 | -187,250 | 29,467 | -78,555 | -120,143 | -180,782 | -6,533 | -5,879 | 7,581 | 70,850 | 37,598 | 58,800 | -26,971 | -235,823 | 175,713 | 35,419 | |
789 |
- | - | - | - | 37,500 | - | - | 186,155 | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | 186,155 | - | - | - | - | - | - | - | - | - | - | |
9905 |
226,185 | 93,656 | 26,373 | 314,294 | -149,750 | 29,467 | -78,555 | 66,012 | -366,937 | -6,533 | -5,879 | 7,581 | 70,850 | 37,598 | 58,800 | -26,971 | -235,823 | 175,713 | 35,419 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
292,517 | 75,331 | -18,325 | -44,698 | -358,992 | -209,242 | -238,709 | -160,154 | -366,937 | -6,533 | -5,879 | 7,581 | 70,850 | 37,598 | 58,800 | -26,971 | -235,823 | 175,713 | 35,419 | |
14P |
66,331 | -18,325 | -44,698 | -358,992 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | 140,771 | 6,533 | 5,879 | - | - | - | - | 26,971 | 235,823 | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 7,581 | 70,850 | 37,598 | 58,800 | - | - | 175,713 | 35,419 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 30,900 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | 7,581 | 70,850 | 37,598 | 27,900 | - | - | 175,713 | 35,419 | |
694/7 |
0 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
0 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
1 | - | 1 | 1 | 1 | 1 | - | - | 0.6 | 0.6 | 1 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
- | - | 1,071 | 1,500 | 1,500 | 1,500 | - | - | 1,071 | 1,085 | 1,450 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 8 older financial years (1999-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 20 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485804.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00485804 | |
| 30-06-2024 | micro format | 31-12-2024 | 2024-00627860 | |
| 30-06-2023 | micro format | 18-01-2024 | 2024-00004144 | |
| 30-06-2022 | micro format | 23-12-2022 | 2022-20545250 | |
| 30-06-2021 | micro format | 24-01-2022 | 2022-01400391 | |
| 30-06-2020 | micro format | 29-12-2020 | 2020-77200306 | |
| 30-06-2019 | micro format | 10-01-2020 | 2020-00600513 | |
| 30-06-2018 | micro format | 25-01-2019 | 2019-02300202 | |
| 30-06-2017 | micro format | 16-01-2018 | 2018-01300239 | |
| 30-06-2016 | full format | 02-01-2017 | 2017-00100035 | |
| 30-06-2015 | full format | 12-01-2016 | 2016-00800487 | |
| 30-06-2014 | full format | 08-01-2015 | 2015-00400034 | |
| 30-06-2013 | full format | 14-01-2014 | 2014-00700220 | |
| 30-06-2012 | full format | 17-01-2013 | 2013-00900422 | |
| 30-06-2011 | full format | 10-02-2012 | 2012-02900220 | |
| 30-06-2010 | full format | 27-12-2010 | 2010-64400045 | |
| 30-06-2009 | full format | 07-01-2010 | 2010-00500256 | |
| 30-06-2008 | full format | 08-12-2008 | 2008-84100107 | |
| 30-06-2007 | full format | 17-12-2007 | 2007-83100255 | |
| 30-06-2006 | full format | 07-12-2006 | 2006-89802654 | |
| 30-06-2005 | full format | 12-12-2005 | 2005-89004089 | |
| 30-06-2004 | full format | 01-12-2004 | 2004-82404507 | |
| 30-06-2003 | full format | 02-12-2003 | 2003-81502153 | |
| 30-06-2002 | full format | 14-05-2003 | 2003-14300476 | |
| 30-06-2001 | full format | 24-04-2002 | 2002-10601190 | |
| 30-06-2000 | full format | 29-12-2000 | 2000-78402241 | |
| 30-06-1999 | full format | 18-01-2000 | 2000-01600557 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 377,755 | 174,926 | 61,589 | 347,380 | -140,759 | 181,167 | 35,040 | -121,996 | 68,070 | 127,904 | 98,353 | 148,952 | 218,308 | 163,942 | 217,515 | 144,245 | -92,547 | 474,197 | 156,928 | ||
| 253,410 | 112,408 | 45,391 | 333,246 | -155,352 | 58,790 | -483 | -50,387 | -66,555 | 85,721 | 82,850 | 97,351 | 162,483 | 132,155 | 159,104 | 88,877 | -137,475 | 347,816 | 111,138 | ||
| 14,643 | 12,123 | 17,928 | 5,902 | 49,474 | 88,855 | 29,652 | 8,071 | 254,486 | 83,058 | 13,513 | 6,003 | 235,298 | 401,409 | 399,221 | 5,125 | 46,433 | 642,027 | 28,625 | ||
| -6,353 | 1,847 | 2,779 | - | - | - | - | - | 38,467 | 13,437 | -3,529 | -2,026 | -43,790 | -129,813 | 167,655 | -31,806 | -116,283 | 79,906 | - | ||
| 837,287 | 621,729 | 570,204 | 572,660 | 54,010 | -201,263 | -380,229 | -225,919 | -39,311 | -146,429 | -75,929 | -62,726 | -96,628 | -3,122 | 314,169 | -41,463 | -41,364 | 31,102 | 40,540 | ||
| 47.6% | 32.6% | 29.7% | 33.2% | 3.2% | 19.7% | 15.0% | 20.1% | 26.2% | 33.4% | 33.7% | 32.2% | 31.2% | 27.1% | 24.8% | 24.9% | 10.7% | 24.6% | 21.0% | ||
| 2.36 | 2.00 | 2.10 | 2.90 | 1.36 | 0.10 | 0.00 | 0.15 | 0.75 | 0.29 | 0.44 | 0.53 | 0.20 | 0.96 | 4.27 | 0.60 | 0.64 | 1.17 | 1.52 | ||
| 1.08 | 2.06 | 2.37 | 2.01 | 29.79 | 4.08 | 5.68 | 3.99 | 2.57 | 1.99 | 1.95 | 2.02 | 2.11 | 2.42 | 2.75 | 2.68 | 7.23 | 3.06 | 3.76 | ||
| 27.7% | 20.8% | 7.2% | 92.4% | -720.0% | 13.8% | -42.4% | -45.3% | -46.7% | -1.1% | -1.0% | 1.3% | 12.2% | 7.4% | 12.4% | -6.5% | -160.9% | 45.7% | 16.9% | ||
| 13.2% | 6.8% | 2.1% | 30.7% | -23.4% | 2.7% | -6.4% | -9.1% | -12.2% | -0.4% | -0.3% | 0.4% | 3.8% | 2.0% | 3.1% | -1.6% | -17.2% | 11.3% | 3.5% | ||
| 4.40 | 3.69 | 1.88 | 12.88 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 30-06-2023 | 30-06-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | - | 1 |
| part-time | 1 | - |
| in full-time equivalents | 0.6 | 1 |
| 0.6 | 1 | |
| On a permanent contract | 1 | 1 |
Source: social balance sheet in the 2022 to 2023 annual accounts
| Item | 2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €687,263 | - | - | - |
| Mortgages, amount registered | €207,500 | €207,500 | €207,500 | €207,500 |
| Carrying value of the mortgaged assets | €217,821 | €79,731 | €88,993 | €90,255 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €14,643 | €12,123 | €17,928 | €5,902 |
| €27,225 | €18,752 | €19,018 | €18,952 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 124% higher than in 2024 and the highest since 2007. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 67.4% to 51.2%. Equity is higher and debt is lower.
| G.P. Associates
establishment since 28-10-2008 · founded in 2008 |
total assets €1.4m (2025) 0807.416.023 |
| RASPE - GESTION ET COURTAGE D'ASSURANCES
registered office since 27-01-1987 · founded in 1987 |
total assets €498,950 (2025) 0430.405.133 |
| EUROKIDS' TEAM
registered office since 28-12-2001 · founded in 1989 |
total assets €92,612 (2025) 0437.387.252 |
| COPYRIGHT-CORP
registered office since 17-06-2010 · founded in 2010 |
total assets €10,278 (2026) 0824.819.704 |
| Atelier Tangram
registered office since 15-10-2025 |
founded in 2025 1029.181.282 |
| LE MONDE DE SAM ET SOU
registered office since 03-09-2020 |
founded in 2020 0753.673.172 |
| Association des copropriétaires de la résidence "Emile Bockstael 325" sis à 1020 Bruxelles, boulevard Emile Bockstael 325
registered office since 04-06-2012 |
founded in 2012 0847.067.742 |
The network starts from the directors of MARIGNAC. Every other company they run is a node.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Emile Bockstaellaan 325 registered office 1020 Brussels 70200 Business and other management consultancy | 26-03-2002 | 2.084.694.306 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21816C0249/00Y000 | 296 m² | 1 · 263 m² | 16.4 m · 2 |
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