MARKA

Active Public limited companyfounded 1988active for 38 yearsAugust De Feyterstraat 45, 1740 TernatKBO/BCE: BE 0435.586.913 #5 oldest company in Ternat, Real estate sector

MARKA

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Overview

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989

Compare with

peak €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 accounts

Equity

€440,953 ▲ 140%

Equity rose in 2025 from €183,761 to €440,953.

Turnover

≈ €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

Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Managing director

Director, since 01-08-2024

388 sharesdeed of 03-09-2020
deed of 03-09-2020
deed of 03-09-2020

and 1 other shareholder Board & ownership

Recent changes

10-03-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435586913

21-10-2024

3 directors appointed, 1 resignation, 1 reappointment Resignation: (managing director) · Reappointment: · Appointments: , and (managing director) · General meeting of 01-08-2024 · Gazette deed

03-09-2020

Demerger proposal: MARKA splits off to VL PATRIMONIUM holds 388 shares · is a shareholder · is a shareholder · Gazette deed

06-06-2019

Demerger proposal: MARKA splits off to VL PATRIMONIUM holds 200 shares · holds 200 shares · holds 200 shares · Gazette deed

All 50 events

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

Company details

Annual accounts 2025

: €283,882▲ 22×
: €257,192
: €440,953▲ 140%
: €771,479▲ 48.5%
Filing: Filed on 29-05-2026, 63 days before the end of the filing period

Financials

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.

Financials

Annual accounts 2025

micro format, filed on 29-05-2026, 63 days before the deadline

€283,882

▲ 22×

€264,031

▲ €285,492

€257,192

▲ €287,673

-€94,480

▲ €15,837

57.2%

▲ 21.8 percentage points

0.71

▲ 0.58

Turnover 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.

In the rankings #5 oldest company in Ternat, Real estate sector

Balance sheet

balance sheet total €771,479 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with 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.

MARKA Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

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	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	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

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.

Download as CSV

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	PDF
31-12-2024	micro format	04-06-2025	2025-00122976	PDF
31-12-2023	micro format	30-08-2024	2024-00434606	PDF
31-12-2022	micro format	06-10-2023	2023-00479095	PDF
31-12-2021	micro format	30-09-2022	2022-20450913	PDF
31-12-2020	micro format	04-06-2021	2021-17900243	PDF
31-12-2019	micro format	04-08-2020	2020-39100004	PDF
31-12-2018	micro format	27-09-2019	2019-67100572	PDF
31-12-2017	micro format	25-05-2018	2018-14200369	PDF
31-12-2016	micro format	31-05-2017	2017-14100319	PDF
31-12-2015	abbreviated format	23-08-2016	2016-46400486	PDF
31-12-2014	abbreviated format	29-05-2015	2015-14500574	PDF
31-12-2013	abbreviated format	27-08-2014	2014-49100252	PDF
31-12-2012	abbreviated format	07-06-2013	2013-17000333	PDF
31-12-2011	abbreviated format	28-05-2012	2012-14000251	PDF
31-12-2010	abbreviated format	23-06-2011	2011-21100359	PDF
31-12-2009	abbreviated format	03-05-2010	2010-10600410	PDF
31-12-2008	abbreviated format	07-07-2009	2009-38000031	PDF
31-12-2007	abbreviated format	10-07-2008	2008-38700194	PDF
31-12-2006	abbreviated format	14-06-2007	2007-22200247	PDF
31-12-2005	abbreviated format	29-05-2006	2006-17100173	PDF
31-12-2004	abbreviated format	07-06-2005	2005-21604046	PDF
31-12-2003	abbreviated format	09-06-2004	2004-22000668	PDF
31-12-2002	abbreviated format	02-06-2003	2003-17702779	PDF
31-12-2001	abbreviated format	11-06-2002	2002-19204733	PDF
31-12-2000	abbreviated format	25-06-2001	2001-25704586	PDF
31-12-1999	abbreviated format	03-07-2000	2000-35204904	PDF
31-12-1998	abbreviated format	13-07-1999	1999-33003951	PDF
31-12-1997	abbreviated format	20-05-1998	1998-10402059	PDF
31-12-1996	abbreviated format	29-05-1997	1997-10102202	PDF
31-12-1995	abbreviated format	25-06-1996	1996-21304666	PDF
31-12-1994	abbreviated format	14-07-1995	1995-39505168	PDF
31-12-1993	abbreviated format	08-07-1994	1994-28103024	PDF
31-12-1992	abbreviated format	13-07-1993	1993-25801535	PDF
31-12-1991	abbreviated format	16-07-1992	1992-22901076	PDF
31-12-1990	abbreviated format	15-01-1992	1992-00700438	PDF
31-12-1989	abbreviated format	15-01-1992	1992-00700430	PDF

Key figures and ratios

per financial year, computed from the annual accounts

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.

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in 2024

Director and managing director

director since 05-05-2012 managing director appointed by deed of 21-10-2024 6-year term from 2024

listed in the 2025 annual accounts, filed on 29-05-2026

Director

since 01-08-2024 6-year term from 2024

listed in the 2025 annual accounts, filed on 29-05-2026

Director

since 01-08-2024 6-year term from 2024

listed in the 2025 annual accounts, filed on 29-05-2026

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today

Director, Managing director

Director

Managing director

Director

LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated

Mandates as a list

- Director, from 05-05-2012 to date
- Managing director, appointed by deed of 21-10-2024, still in office
- Director, from 01-08-2024 to date
- Director, from 01-08-2024 to date
- Director, from 05-05-2012 to 01-08-2024
- Managing director, appointed by deed of 21-12-2018, until 21-10-2024
- Director, from before 21-12-2018, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholders

, ,

and 1 other

This company

MARKA

Equity €440,953

Profit €257,192 in 2025

Capital

Capital: €610,191.08
Shares: 400
Contribution per share: €1,525
Equity per share: €1,102 in 2025
Source: 2025 annual accounts

Shareholders

Stated in the deed deed of 03-09-2020 ↗

388 shares

Stated in the deed deed of 06-06-2019 ↗

200 shares
200 shares
200 shares

Network & group

No group

MARKA has no parent and no holdings in its annual accounts.

At the same address

August De Feyterstraat 45, 1740 Ternat · 3 other companies

MOBILITY IN MOTION registered office since 27-05-2015 · founded in 2015	total assets €2.3m (2025) 0630.881.367
IMMO MARMA registered office since 05-09-2011 · founded in 2011	total assets €1.9m (2025) 0839.015.950
MARMAS registered office since 30-10-2023	founded in 2023 1002.680.486

Acquisitions and mergers

1 transaction

Split off to:VL PATRIMONIUM

BE 0759.582.749partial demerger · Gazette deed of 16-12-2020 (2 deeds)

Timeline

50 events since 1988

Board

Capital

Filings

Financial

Establishments

19901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

29-05-2026

Annual accounts 2025 filed PDFmicro format · 63 days before the deadline

10-03-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435586913

2025

31-12-2025

Back to profit net €257,192 The net result is €257,192, after 11 loss-making years.

04-06-2025

Annual accounts 2024 filed PDFmicro format · 57 days before the deadline

2024

21-10-2024

3 directors appointed, 1 resignation, 1 reappointmentResignation: (managing director) · Reappointment: · Appointments: , and (managing director) · General meeting of 01-08-20249 points ▸

General meeting, 01-08-2024
Director resignation,
Director discharge,
Director reappointment,
Director appointment,
Director appointment,
Board meeting, 01-08-2024
Director resignation, (managing director)
Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

30-08-2024

Annual accounts 2023 filed PDFmicro format · 30 days late

2023

31-12-2023

Liquidity more than doubled current ratio 7.11 The current ratio rises from 3.09 to 7.11. Short-term debt falls from €8,799 to €1,818.

06-10-2023

Annual accounts 2022 filed PDFmicro format · 67 days late

2022

30-09-2022

Annual accounts 2021 filed PDFmicro format · 61 days late

2021

04-06-2021

Annual accounts 2020 filed PDFmicro format · 57 days before the deadline

2020

31-12-2020

Weakest financial year net -€41,323 The net result drops to -€41,323, the lowest from 2006 to 2025. It recovers the following year.

03-09-2020

Demerger proposal: MARKA splits off to VL PATRIMONIUM holds 388 shares · is a shareholder · is a shareholder12 points ▸

Capital, €1,000,000, 400 shares, mentioned twice in the deed
Board composition, (director)
Board composition, (director)
holds 388 shares, mentioned 3 times in the deed
is a shareholder, mentioned 3 times in the deed
is a shareholder, mentioned 3 times in the deed
is a shareholder, mentioned 3 times in the deed
Founding capital, €202,835.95, 400 shares
Board composition, (director)
Board composition, (director)
Net-asset statement, 30-04-2020
Accounting effect, 01-05-2020
The deed holds 20 more points.

Open the deed in the Belgian Official Gazette

04-08-2020

Annual accounts 2019 filed PDFmicro format · 4 days late

2019

31-12-2019

Liquidity more than 8 times current ratio 37.95 The current ratio rises from 4.58 to 37.95. Short-term debt falls from €12,676 to €2,393.

27-09-2019

Annual accounts 2018 filed PDFmicro format · 58 days late

06-06-2019

Demerger proposal: MARKA splits off to VL PATRIMONIUM holds 200 shares · holds 200 shares · holds 200 shares9 points ▸

Capital, €1,000,000, 400 shares
Board composition, (director)
Board composition, (director)
Board composition, (director)
holds 200 shares, mentioned 3 times in the deed
holds 200 shares, mentioned 3 times in the deed
holds 200 shares, mentioned 3 times in the deed
Founding capital, €391,537.88, 400 shares
Accounting effect, 01-10-2018
The deed holds 23 more points.

Open the deed in the Belgian Official Gazette

2018

21-12-2018

1 director appointed, 3 reappointmentsReappointments: , and · Appointment: (managing director) · General meeting of 15-11-20186 points ▸

General meeting, 15-11-2018
Director reappointment,
Director reappointment,
Director reappointment,
Board meeting, 15-11-2018
Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

25-05-2018

Annual accounts 2017 filed PDFmicro format · 67 days before the deadline

2017

31-12-2017

Liquidity more than 9 times current ratio 19.57 The current ratio rises from 1.99 to 19.57. Short-term debt falls from €15,462 to €3,534.

31-05-2017

Annual accounts 2016 filed PDFmicro format · 61 days before the deadline

2016

23-08-2016

Annual accounts 2015 filed PDFabbreviated format · 23 days late

2015

29-05-2015

Annual accounts 2014 filed PDFabbreviated format · 63 days before the deadline

2014

27-08-2014

Annual accounts 2013 filed PDFabbreviated format · 27 days late

2013

31-12-2013

Back to profit net €98,179 The net result is €98,179, after 7 loss-making years.

07-06-2013

Annual accounts 2012 filed PDFabbreviated format · 54 days before the deadline

2012

28-05-2012

Annual accounts 2011 filed PDFabbreviated format · 64 days before the deadline

2011

23-06-2011

Annual accounts 2010 filed PDFabbreviated format · 38 days before the deadline

2010

03-05-2010

Annual accounts 2009 filed PDFabbreviated format · 89 days before the deadline

2009

07-07-2009

Annual accounts 2008 filed PDFabbreviated format · 24 days before the deadline

2008

10-07-2008

Annual accounts 2007 filed PDFabbreviated format · 21 days before the deadline

2007

14-06-2007

Annual accounts 2006 filed PDFabbreviated format · 47 days before the deadline

2006

29-05-2006

Annual accounts 2005 filed PDFabbreviated format

2005

07-06-2005

Annual accounts 2004 filed PDFabbreviated format

2004

09-06-2004

Annual accounts 2003 filed PDFabbreviated format

2003

02-06-2003

Annual accounts 2002 filed PDFabbreviated format

2002

11-06-2002

Annual accounts 2001 filed PDFabbreviated format

2001

25-06-2001

Annual accounts 2000 filed PDFabbreviated format

2000

03-07-2000

Annual accounts 1999 filed PDFabbreviated format

1999

13-07-1999

Annual accounts 1998 filed PDFabbreviated format

1998

20-05-1998

Annual accounts 1997 filed PDFabbreviated format

1997

29-05-1997

Annual accounts 1996 filed PDFabbreviated format

1996

25-06-1996

Annual accounts 1995 filed PDFabbreviated format

1995

14-07-1995

Annual accounts 1994 filed PDFabbreviated format

1994

08-07-1994

Annual accounts 1993 filed PDFabbreviated format

1993

13-07-1993

Annual accounts 1992 filed PDFabbreviated format

1992

16-07-1992

Annual accounts 1991 filed PDFabbreviated format

15-01-1992

Annual accounts 1989 filed PDFabbreviated format

15-01-1992

Annual accounts 1990 filed PDFabbreviated format

1988

30-12-1988

First establishment August De Feyterstraat 45, Ternat

24-10-1988

Incorporation published on 15-11-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 24 October 1988, MARKA was incorporated.¹ Total assets went from €672,747 in 2020 to €771,479 in 2025.²

Company details

Identity

Enterprise number: 0435.586.913
VAT number: BE 0435.586.913
Peppol ID: 0208:0435586913
Legal form: Public limited company
Status: Active, normal situation
Founded: 24-10-1988
Financial year: ends on 31 December
Peppol: Reachable since 10-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: MARKA in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

68201 Renting and operating of own or leased residential real estate, excluding social housing main activity

68203 Renting and operating of own or leased non-residential real estate, excluding land

Purpose: “De vennootschap heeft zowel in België als in het buitenland alle verrichtingen in verband met het beheer van onroerende of roerende goederen…”
3 activities
De vennootschap heeft zowel in België als in het buitenland alle verrichtingen in verband met het beheer van onroerende of roerende goederen zowel voor eigen rekening als voor rekening van derden; de oprichting en uitbating van coördinatiecentra bestemd tot administratieve, boekhoudkundige, informatica, fiduciaire, technische en sociale zekerheidsdoeleinden
Om dit doel te bereiken kan de vennootschap het beheer waarnemen van roerende zowel als onroerende waardebestanddelen, als tussenpersoon optreden en raad verstrekken op economisch, financieel en monetair gebied; de oprichting en coördinatie verzekeren van blijvende of tijdelijke vennootschappen, deelnemen in alle soorten vennootschappen; alle roerende of onroerende goederen of rechten kopen, ruilen of verkopen; investeren op korte, middellange en lange termijn, investeren in grondstoffen, kopen en verkopen op de optiemarkt; gebouwen oprichten of laten oprichten
Inrichten of laten inrichten, gebouwen in huur nemen of geven, alle werken uitvoeren om ze rendabel te maken, gronden verkavelen, ertoe noodzakelijke wegeniswerken tot stand brengen; alle leasingcontracten en contracten van erfpacht of opstal toestaan of aangaan; alle roerende, onroerende, financiële, industriële, handels- of burgerlijke verrichtingen uitvoeren die rechtstreeks of onrechtstreeks betrekking hebben op haar doel; door inschrijving, overdracht, inbreng en fusie en alle andere middelen belangen nemen in elke vennootschap, onderneming of verrichting met een gelijkaardig of verwant doel
deed of 03-09-2020 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
August De Feyterstraat 45 registered office 1740 Ternat	30-12-1988	2.041.442.204

Buildings and parcels at the address

Ground area: 1,649 m²
Buildings: 120 m²
Volume, LiDAR: 655 m³
Tallest building: 8.9 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

4 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
23086E0647/00F000	1,649 m²	1 · 120 m²	8.9 m · 2

Notices of general meetings

General meeting

at the registered office · published on 17-04-2012

Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. Divers. (AOPC-1-12-00159/17.04)

Overview

Lifetime

Key points

Equity

Turnover

Investments

Liquidity

Filings

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on MARKA

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency57.2%

Current ratio0.71

Return on assets33.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on MARKA

Board & ownership

Board

Mandates through the years

Control

Capital

Shareholders

Network & group

No group

At the same address

Acquisitions and mergers

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Notices of general meetings

in euro

in euro

57.2%

0.71

33.3%