MARK VERHULST
ActiveMARK VERHULST has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €8k. Equity is shrinking by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 31459 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 8.07 against 6.98 in 2024), and 12.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.8%
Return on assets
22%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
on the day
2021
4 d early
2020
25 d late
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close11-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 4.4%
2024 · €35k
2019: €79k
2020: €91k
2021: €81k
2022: €58k
2023: €59k
2024: €35k
2019 → 2025
Total assets
€38k▼ 6.8%
2024 · €41k
2019: €87k
2020: €98k
2021: €89k
2022: €65k
2023: €70k
2024: €41k
2019 → 2025
Net result
€8k▼ 26.7%
2024 · €12k
2019: €12k
2020: €12k
2021: €-10k
2022: €-23k
2023: €263
2024: €12k
2019 → 2025
Working capital
€33k▼ 6.4%
2024 · €35k
2019: €74k
2020: €87k
2021: €79k
2022: €58k
2023: €59k
2024: €35k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€58k▼ 28.2%€59k▲ 0.5%€35k▼ 40.0%€34k▼ 4.4%
Operating result€-10k-€-17k▼ 75.4%€15k€16k▲ 4.2%€12k▼ 24.8%
Net result€-10k-€-23k▼ 141%€263€12k▲ 4,272%€8k▼ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38k
Fixed assets
€698
Current assets
€38k
Equity and liabilities €38k
Equity
€34k▼ 4.4%
Debt
€5k▼ 20.9%
The debt ratio falls from 14.3% to 12.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€12k
Cash flow
€9k
Solvency
87.8%▲
2024 · 85.7%
Current ratio
8.07▲
2024 · 6.98
Quick ratio
8.07▲
2024 · 6.98
Debt / equity
0.14▼
2024 · 0.17
ROE
25.0%▼
2024 · 32.6%
ROA
22.0%▼
2024 · 28.0%
Interest coverage
229.10
Debt
€5k▼
2024 · €6k
Debt ≤ 1 year
€5k▼
2024 · €6k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€41k€38k▼
Fixed assets21/28-€698
Tangible fixed assets22/27-€698
Furniture and vehicles24-€698
Current assets29/58€41k€38k▼
Amounts receivable within one year40/41€40k€30k▼
Trade receivables40€29k€27k▼
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€1k€7k▲
Deferred charges and accrued income490/1€448€580▲
Equity and liabilities
Total equity and liabilities10/49€41k€38k▼
Equity10/15€35k€34k▼
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€23k€21k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€21k€19k▼
Amounts payable17/49€6k€5k▼
Amounts payable within one year42/48€6k€5k▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€271
Other operating charges640/8€493€505▲
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€16k€12k▼
Financial charges65/66B€50€54▲
Recurring financial charges65€50€54▲
Profit (loss) for the period before taxes9903€16k€12k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€12k€8k▼
Profit (loss) for the period to be appropriated9905€12k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€8k▼
Profit (loss) brought forward from the previous period14P€-510-
Transfer from equity791/2€35k€10k▼
Transfer to equity691/2€11k€8k▼
To other reserves6921€11k€8k▼
Profit to be distributed694/7€35k€10k▼
Return on contributions (dividend)694€35k€10k▼
The notes to these accounts (6 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €263
Net result €263 after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-06
Financial
Highest result since 2019net €12k ▲0.1%
Net result €12k, the highest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2001
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.
Magdalenastraat 512018 AntwerpenGround area
956 m²
Building footprint
266 m²
Volume, LiDAR
3,269 m³
Parcel 11806F1266/00R012, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Mark Verhulst
since 20012.116.638.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1266/00R012 | Flanders | 956 m² | 1 · 266 m² | 17.8 m · 5 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.
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Of 82,190 companies in sector 70200 we hold annual accounts for 52,402. 35,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-10-2001
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.