MARKA
Annual accounts 2025
micro format, filed on 29-05-2026, 63 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €320,000. Estimated: probably between €290,000 and €370,000.
Balance sheet
balance sheet total €771,479 on 31-12-2025in euro
in euro
Position in the sector
57.2%
Higher than 70% of 19,803 companies in 2025.
0.71
Higher than 36% of 18,977 companies in 2025.
33.3%
Higher than 92% of 19,446 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
771,479 | 519,571 | 476,868 | 513,020 | 531,225 | 672,747 | 870,733 | 885,137 | 891,394 | 894,571 | 935,182 | 969,374 | 1.0m | 946,008 | 971,818 | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | |
21/28 |
535,433 | 502,836 | 463,949 | 485,872 | 512,470 | 544,480 | 779,916 | 827,124 | 822,254 | 863,758 | 901,861 | 937,603 | 995,539 | 941,686 | 957,324 | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | |
22/27 |
535,433 | 502,752 | 463,865 | 485,788 | 512,386 | 544,396 | 779,831 | 827,040 | 822,170 | 863,674 | 901,777 | 937,519 | 995,455 | 941,602 | 957,240 | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | |
22 |
535,433 | 502,752 | 463,865 | 485,788 | 512,238 | 544,100 | 771,451 | 813,752 | 803,974 | 845,172 | 887,673 | 935,745 | 993,528 | 941,602 | 954,990 | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | |
23 |
- | - | - | 0 | 148 | 296 | 8,380 | 9,788 | 11,195 | 8,810 | 1,035 | 1,183 | 1,331 | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | - | 0 | 3,500 | 7,001 | 9,692 | 13,069 | 591 | 596 | - | 2,250 | 4,500 | 6,750 | 9,000 | - | - | |
28 |
0 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | 84 | |
29/58 |
236,046 | 16,735 | 12,919 | 27,148 | 18,755 | 128,267 | 90,817 | 58,013 | 69,140 | 30,813 | 33,321 | 31,771 | 21,791 | 4,322 | 14,493 | 2,432 | 5,733 | 3,778 | 10,455 | 6,631 | |
40/41 |
11,305 | 0 | 5,171 | 2,000 | 6,000 | 46,168 | 32,787 | 8,689 | 11,600 | 1,200 | - | 3 | - | - | - | - | - | - | - | 716 | |
40 |
700 | 0 | 171 | - | - | 0 | 6,000 | - | - | 1,200 | - | - | - | - | - | - | - | - | - | - | |
41 |
10,605 | 0 | 5,000 | 2,000 | 6,000 | 46,168 | 26,787 | 8,689 | 11,600 | - | - | 3 | - | - | - | - | - | - | - | 716 | |
54/58 |
221,119 | 12,203 | 7,237 | 24,680 | 12,755 | 69,872 | 56,433 | 34,486 | 55,001 | 27,259 | 31,705 | 30,142 | 20,180 | 4,322 | 14,493 | 2,432 | 5,733 | 3,778 | 10,455 | 5,915 | |
490/1 |
3,623 | 4,532 | 511 | 467 | 0 | 12,227 | 1,597 | 14,838 | 2,539 | 2,354 | 1,615 | 1,626 | 1,611 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
771,479 | 519,571 | 476,868 | 513,020 | 531,225 | 672,747 | 870,733 | 885,137 | 891,394 | 894,571 | 935,182 | 969,374 | 1.0m | 946,008 | 971,818 | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | |
10/15 |
440,953 | 183,761 | 214,242 | 233,463 | 254,789 | 281,443 | 525,602 | 530,852 | 566,114 | 578,400 | 597,567 | 613,887 | 642,300 | 544,122 | 557,026 | 587,500 | 623,419 | 655,571 | 681,860 | 712,542 | |
10/11 |
610,191 | 610,191 | 610,191 | 610,191 | 610,191 | 610,191 | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | |
10 |
610,191 | 610,191 | 610,191 | 610,191 | 610,191 | 610,191 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
610,191 | 610,191 | 610,191 | 610,191 | 610,191 | 610,191 | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | |
13 |
25,494 | 25,494 | 25,494 | 25,494 | 25,494 | 25,494 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | 41,781 | |
130/1 |
20,517 | 20,517 | 20,517 | 20,517 | 20,517 | 20,517 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
20,517 | 20,517 | 20,517 | 20,517 | 20,517 | 20,517 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | 33,625 | |
133 |
4,977 | 4,977 | 4,977 | 4,977 | 4,977 | 4,977 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | 8,156 | |
14 |
-194,732 | -451,924 | -421,443 | -402,222 | -380,896 | -354,242 | -516,178 | -510,929 | -475,666 | -463,381 | -444,214 | -427,893 | -399,480 | -497,659 | -484,755 | -454,281 | -418,361 | -386,210 | -359,921 | -329,238 | |
17/49 |
330,526 | 335,810 | 262,626 | 279,557 | 276,436 | 391,303 | 345,130 | 354,286 | 325,280 | 316,171 | 337,615 | 355,487 | 375,029 | 401,886 | 414,792 | 435,248 | 464,986 | 486,555 | 500,509 | 496,775 | |
17 |
0 | 200,000 | 260,000 | 270,000 | 270,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 311,458 | 323,958 | 336,458 | 348,958 | 368,173 | 396,786 | 425,399 | 454,012 | 447,625 | |
170/4 |
0 | 200,000 | 260,000 | 270,000 | 270,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 311,458 | 323,958 | 336,458 | 348,958 | 368,173 | 396,786 | 425,399 | 454,012 | 447,625 | |
42/48 |
330,526 | 127,052 | 1,818 | 8,799 | 6,436 | 3,615 | 2,393 | 12,676 | 3,534 | 15,462 | 15,186 | 21,606 | 27,692 | 64,041 | 63,946 | 65,248 | 65,671 | 59,502 | 44,857 | 48,482 | |
42 |
- | - | - | - | - | - | - | - | - | - | 11,458 | 12,500 | 12,500 | 12,500 | 19,215 | 28,613 | 28,613 | 28,613 | 28,613 | 29,814 | |
44 |
6,816 | 11,593 | 1,179 | 7,635 | 651 | 3,446 | 2,224 | 12,511 | 3,534 | 1,722 | 31 | 1,390 | 4,861 | 3,400 | 2,000 | 174 | - | 1,470 | - | 181 | |
440/4 |
6,816 | 11,593 | 1,179 | 7,635 | 651 | 3,446 | 2,224 | 12,511 | 3,534 | 1,722 | 31 | 1,390 | 4,861 | 3,400 | 2,000 | 174 | - | 1,470 | - | 181 | |
45 |
- | - | - | - | 0 | 169 | 169 | 165 | - | - | - | - | - | 5,250 | 4,410 | 3,150 | 3,150 | 3,150 | 3,150 | 3,150 | |
450/3 |
- | - | - | - | 0 | 169 | 169 | 165 | - | - | - | - | - | 5,250 | 4,410 | 3,150 | 3,150 | 3,150 | 3,150 | 3,150 | |
47/48 |
323,710 | 115,459 | 639 | 1,164 | 5,785 | - | - | - | - | 13,740 | 3,696 | 7,717 | 10,331 | 42,891 | 38,322 | 33,311 | 33,908 | 26,269 | 13,094 | 15,337 | |
492/3 |
0 | 8,758 | 808 | 758 | 0 | 87,688 | 42,737 | 41,609 | 21,746 | 709 | 22,430 | 22,422 | 23,379 | 1,387 | 1,887 | 1,827 | 2,529 | 1,654 | 1,641 | 669 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | 0 | 2,769 | 13,367 | - | - | - | - | 134,201 | - | - | - | - | 20,446 | - | - | |
9900 |
283,882 | 13,091 | 12,356 | 10,295 | 10,048 | 10,482 | 73,343 | 47,395 | 64,183 | 58,600 | 70,915 | 80,315 | 80,667 | 97,581 | 79,665 | 74,896 | 77,227 | 75,060 | 73,422 | 64,592 | |
630 |
13,444 | 29,096 | 26,121 | 26,598 | 32,009 | 36,096 | 43,978 | 44,574 | 46,106 | 46,906 | 55,807 | 76,894 | 82,720 | 76,261 | 74,103 | 72,533 | 70,564 | 67,155 | 65,849 | 71,608 | |
631/4 |
- | - | - | - | - | - | 0 | 12,267 | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
6,406 | 5,456 | 5,294 | 4,921 | 5,646 | 7,164 | 14,916 | 5,332 | 9,525 | 9,400 | 9,354 | 9,213 | 10,719 | 10,357 | 10,799 | 11,560 | 10,631 | 9,497 | 8,075 | 8,948 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,469 | - | - | |
9901 |
264,031 | -21,461 | -19,059 | -21,224 | -27,608 | -32,778 | 14,449 | -14,777 | 8,552 | 2,294 | 5,754 | -5,791 | -12,772 | 10,962 | -5,237 | -9,196 | -3,968 | -1,592 | -502 | -15,964 | |
75/76B |
0 | 0 | - | 0 | 1,053 | 3,554 | 1,561 | 767 | 249 | 1 | 9 | 13 | 7 | 16 | 12 | 13 | 31 | 22 | 358 | 3,330 | |
75 |
0 | 0 | - | 0 | 1,053 | 3,554 | 1,561 | 767 | 249 | 1 | 9 | 13 | 7 | 16 | 12 | 13 | 31 | 22 | 358 | 3,330 | |
65/66B |
6,839 | 9,020 | 162 | 102 | 100 | 12,099 | 21,090 | 21,087 | 21,087 | 21,462 | 22,081 | 22,635 | 23,207 | 23,880 | 25,248 | 26,738 | 28,215 | 29,746 | 30,985 | 27,406 | |
65 |
6,839 | 9,020 | 162 | 102 | 100 | 12,099 | 21,090 | 21,087 | 21,087 | 21,462 | 22,081 | 22,635 | 23,207 | 23,880 | 25,248 | 26,738 | 28,215 | 29,746 | 30,985 | 27,406 | |
9903 |
257,192 | -30,481 | -19,221 | -21,326 | -26,655 | -41,323 | -5,080 | -35,097 | -12,285 | -19,167 | -16,319 | -28,413 | 98,228 | -12,901 | -30,472 | -35,921 | -32,152 | -26,339 | -31,129 | -40,040 | |
67/77 |
- | - | - | - | - | 0 | 169 | 165 | - | - | 2 | - | 49 | 3 | 1 | -1 | - | -50 | -446 | 499 | |
9904 |
257,192 | -30,481 | -19,221 | -21,326 | -26,655 | -41,323 | -5,249 | -35,263 | -12,285 | -19,167 | -16,321 | -28,413 | 98,179 | -12,904 | -30,474 | -35,920 | -32,152 | -26,289 | -30,683 | -40,539 | |
9905 |
257,192 | -30,481 | -19,221 | -21,326 | -26,655 | -41,323 | -5,249 | -35,263 | -12,285 | -19,167 | -16,321 | -28,413 | 98,179 | -12,904 | -30,474 | -35,920 | -32,152 | -26,289 | -30,683 | -40,539 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-194,732 | -451,924 | -421,443 | -402,222 | -380,896 | -354,242 | -516,178 | -510,929 | -475,666 | -463,381 | -444,214 | -427,893 | -399,480 | -497,659 | -484,755 | -454,281 | -418,361 | -386,210 | -359,921 | -329,238 | |
14P |
-451,924 | -421,443 | -402,222 | -380,896 | -354,242 | -312,919 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-05-2026 | 2026-00126129 | |
| 31-12-2024 | micro format | 04-06-2025 | 2025-00122976 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00434606 | |
| 31-12-2022 | micro format | 06-10-2023 | 2023-00479095 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20450913 | |
| 31-12-2020 | micro format | 04-06-2021 | 2021-17900243 | |
| 31-12-2019 | micro format | 04-08-2020 | 2020-39100004 | |
| 31-12-2018 | micro format | 27-09-2019 | 2019-67100572 | |
| 31-12-2017 | micro format | 25-05-2018 | 2018-14200369 | |
| 31-12-2016 | micro format | 31-05-2017 | 2017-14100319 | |
| 31-12-2015 | abbreviated format | 23-08-2016 | 2016-46400486 | |
| 31-12-2014 | abbreviated format | 29-05-2015 | 2015-14500574 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-49100252 | |
| 31-12-2012 | abbreviated format | 07-06-2013 | 2013-17000333 | |
| 31-12-2011 | abbreviated format | 28-05-2012 | 2012-14000251 | |
| 31-12-2010 | abbreviated format | 23-06-2011 | 2011-21100359 | |
| 31-12-2009 | abbreviated format | 03-05-2010 | 2010-10600410 | |
| 31-12-2008 | abbreviated format | 07-07-2009 | 2009-38000031 | |
| 31-12-2007 | abbreviated format | 10-07-2008 | 2008-38700194 | |
| 31-12-2006 | abbreviated format | 14-06-2007 | 2007-22200247 | |
| 31-12-2005 | abbreviated format | 29-05-2006 | 2006-17100173 | |
| 31-12-2004 | abbreviated format | 07-06-2005 | 2005-21604046 | |
| 31-12-2003 | abbreviated format | 09-06-2004 | 2004-22000668 | |
| 31-12-2002 | abbreviated format | 02-06-2003 | 2003-17702779 | |
| 31-12-2001 | abbreviated format | 11-06-2002 | 2002-19204733 | |
| 31-12-2000 | abbreviated format | 25-06-2001 | 2001-25704586 | |
| 31-12-1999 | abbreviated format | 03-07-2000 | 2000-35204904 | |
| 31-12-1998 | abbreviated format | 13-07-1999 | 1999-33003951 | |
| 31-12-1997 | abbreviated format | 20-05-1998 | 1998-10402059 | |
| 31-12-1996 | abbreviated format | 29-05-1997 | 1997-10102202 | |
| 31-12-1995 | abbreviated format | 25-06-1996 | 1996-21304666 | |
| 31-12-1994 | abbreviated format | 14-07-1995 | 1995-39505168 | |
| 31-12-1993 | abbreviated format | 08-07-1994 | 1994-28103024 | |
| 31-12-1992 | abbreviated format | 13-07-1993 | 1993-25801535 | |
| 31-12-1991 | abbreviated format | 16-07-1992 | 1992-22901076 | |
| 31-12-1990 | abbreviated format | 15-01-1992 | 1992-00700438 | |
| 31-12-1989 | abbreviated format | 15-01-1992 | 1992-00700430 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 277,476 | 7,636 | 7,062 | 5,374 | 4,402 | 3,318 | 58,427 | 29,797 | 54,658 | 49,200 | 61,560 | 71,103 | 69,948 | 87,224 | 68,867 | 63,337 | 66,596 | 65,563 | 65,347 | 55,644 | ||
| 270,636 | -1,385 | 6,900 | 5,272 | 5,355 | -5,227 | 38,729 | 9,311 | 33,821 | 27,739 | 39,486 | 48,481 | 180,899 | 63,357 | 43,629 | 36,613 | 38,413 | 40,867 | 35,166 | 31,069 | ||
| 231,347 | 67,983 | 4,198 | 0 | -0 | 966 | -3,231 | 49,444 | 4,602 | 8,803 | 20,065 | 18,958 | 2,373 | 60,623 | 11,112 | 10,176 | 14,889 | 33,588 | 35,077 | 242,705 | ||
| 208,916 | 4,966 | -17,443 | 11,926 | -57,117 | 13,439 | 21,947 | -20,515 | 27,741 | -4,446 | 1,563 | 9,963 | 15,858 | -10,171 | 12,061 | -3,301 | 1,955 | -6,676 | 4,540 | - | ||
| -94,480 | -110,317 | 11,101 | 18,349 | 12,319 | 124,652 | 88,424 | 45,337 | 65,606 | 15,351 | 18,135 | 10,165 | -5,902 | -59,719 | -49,453 | -62,816 | -59,938 | -55,724 | -34,402 | -41,851 | ||
| 57.2% | 35.4% | 44.9% | 45.5% | 48.0% | 41.8% | 60.4% | 60.0% | 63.5% | 64.7% | 63.9% | 63.3% | 63.1% | 57.5% | 57.3% | 57.4% | 57.3% | 57.4% | 57.7% | 58.9% | ||
| 0.71 | 0.13 | 7.11 | 3.09 | 2.91 | 35.48 | 37.95 | 4.58 | 19.57 | 1.99 | 2.19 | 1.47 | 0.79 | 0.07 | 0.23 | 0.04 | 0.09 | 0.06 | 0.23 | 0.14 | ||
| 0.75 | 1.83 | 1.23 | 1.20 | 1.08 | 1.39 | 0.66 | 0.67 | 0.57 | 0.55 | 0.56 | 0.58 | 0.58 | 0.74 | 0.74 | 0.74 | 0.75 | 0.74 | 0.73 | 0.70 | ||
| 58.3% | -16.6% | -9.0% | -9.1% | -10.5% | -14.7% | -1.0% | -6.6% | -2.2% | -3.3% | -2.7% | -4.6% | 15.3% | -2.4% | -5.5% | -6.1% | -5.2% | -4.0% | -4.5% | -5.7% | ||
| 33.3% | -5.9% | -4.0% | -4.2% | -5.0% | -6.1% | -0.6% | -4.0% | -1.4% | -2.1% | -1.7% | -2.9% | 9.7% | -1.4% | -3.1% | -3.5% | -3.0% | -2.3% | -2.6% | -3.4% | ||
| 40.57 | 0.85 | 43.56 | 52.69 | 44.13 | 0.27 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €231,347 | €67,983 | €4,198 | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €13,444 | €29,096 | €26,121 | €26,598 | €32,009 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MARKA
The operating result for 2025 is a profit of €264,031, after a loss of €21,461 in 2024. It is the highest result since 2006.
Debt's share of the balance-sheet total falls from 64.6% to 42.8%. Equity is higher and debt is lower.