Equity
€440,953 ▲ 140%
Equity rose in 2025 from €183,761 to €440,953.
MARKA
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €283,882 (2025)
€283,882▲ 22×
lowest -€41,323 (2020)
€257,192▲ €287,673
peak €712,542 (2006)
€440,953▲ 140%
€330,526▼ 1.6%
Board5 names since 2012
3 directors and 2 others
Documentsfilings and deeds
29-05-202663 days before the deadline
2025micro format
Gross margin from €13,091 to €283,882Back to profit: €257,192Equity from €183,761 to €440,953Investments €46,042Cash from €12,203 to €221,119
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The micro format states no turnover.
Investments
€231,347 17.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.71 was 0.13 in 2024
Short-term debts rose from €127,052 to €330,526.
Filings
37 annual accounts since 1989
Five of the last ten came late. The 2022 accounts came latest: 67 days after the end of the period.
Position in the sector
€257,192
Higher net result than 95% of companies in real estate. Sector median €5,854 · 19,790 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as MARKA has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,124 companies, not a prediction for MARKA. 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.
Credit verdict
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Signals
Board and ownership
Managing director
Director, since 01-08-2024
Director, since 01-08-2024
- 388 sharesdeed of 03-09-2020
- deed of 03-09-2020
- deed of 03-09-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435586913
3 directors appointed, 1 resignation, 1 reappointment
Resignation: (managing director) · Reappointment: · Appointments: , and (managing director) · General meeting of 01-08-2024 · Gazette deed
Demerger proposal: MARKA splits off to VL PATRIMONIUM
holds 388 shares · is a shareholder · is a shareholder · Gazette deed
Demerger proposal: MARKA splits off to VL PATRIMONIUM
holds 200 shares · holds 200 shares · holds 200 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARKA Ternat | €771,479 | €283,882 | 57.2% | - |
| R.V.L. Tongeren-Borgloon | €708,390 | €294,413 | 89.1% | - |
| STEVECO Dilsen-Stokkem | €739,915 | €316,270 | 83.2% | - |
| CC4 GROUP Rixensart | €734,651 | €328,409 | 15.7% | - |
| AFFORD Nivelles | €845,713 | €327,051 | 56.3% | - |
| DE LANDVAST Woluwe-Saint-Lambert | €825,604 | €263,748 | 74.8% | - |
| ASSUBAN Aalst | €821,695 | €247,367 | 36.4% | - |
These companies have the same main activity as MARKA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €708,000 and €846,000, founded between 1985 and 1993.
Official details
Source: KBO- Status
- Active since 24-10-1988Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.041.442.2041740 Ternat, since 30-12-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 10-03-2026
Annual accounts 2025
- €771,479▲ 48.5%
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on MARKA
MARKA files the micro format. That format states no turnover. The gross margin rose from €64,592 in 2006 to €283,882 in 2025.
In October 2024, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARKA
- What is the company number of MARKA?
- The company number of MARKA is 0435.586.913. The VAT number is the same number with BE in front: BE 0435.586.913.
- Where is MARKA based?
- The registered office is at August De Feyterstraat 45, 1740 Ternat.Company details
- What does MARKA do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of MARKA?
- MARKA is a public limited company (NV).
- When was MARKA founded?
- MARKA was founded on 24-10-1988.
- Is MARKA still active?
- Yes, MARKA is an active enterprise in the KBO register.
- What is the turnover of MARKA?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €283,882 and 44 comparable companies (NACE 68201). It probably lies between €290,000 and €370,000.Financials
- Is MARKA profitable?
- In financial year 2025, MARKA made a profit of €257,192.
- Where can I find the annual accounts of MARKA?
- MARKA filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARKA due?
- MARKA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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