MARKA
ActiveSummary
MARKA has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,112 and a net result of €3,779. Equity is shrinking by about 6.3% per year across the filed financial years. Its solvency ranks better than 76% of 1,116 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €17,112
- Profit
- €3,779
Why 98raises riskSize: total assets €22,545lowers riskLiquidity: current ratio 4.05, cash €10,355Founded in 1997Equity €17,112 (75.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 18, micro): better than 88% on solvency, 88% on liquidity, 81% on profitability and 81% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 15 days after the deadline; the sector median (NACE 18) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €3,779
- Liquidity doublescurrent ratio 4.05
Financials · financial year 2025, micro format
2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00412744.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €4,218 after a loss of €25,730 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 18, Printing and reproduction of recorded media: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,137 | €1,532 | €978 | €150 | €161 | €931 | €899 | €888 | ▼ 1.2% |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €5,596 | €11 | -€1,369 | €6,233 | -€7,088 | €5,694 | -€24,444 | €5,506 | - |
| Operating profit (loss)9901 | €2,205 | -€1,869 | -€2,695 | €5,735 | -€7,596 | €4,379 | -€25,730 | €4,218 | - |
| Financial income75/76B | - | - | - | €3 | - | €5 | €49 | €67 | ▲ 35.8% |
| Recurring financial income75 | €10 | - | €2 | €3 | - | €5 | €49 | €67 | ▲ 35.8% |
| Financial charges65/66B | - | - | - | €175 | €36 | €134 | €258 | €128 | ▼ 50.3% |
| Recurring financial charges65 | €128 | €115 | €79 | €175 | €36 | €134 | €258 | €128 | ▼ 50.3% |
| Profit (loss) for the period before taxes9903 | €2,087 | -€1,983 | -€2,773 | €5,563 | -€7,632 | €4,250 | -€25,939 | €4,157 | - |
| Income taxes67/77 | €102 | - | €0 | €0 | - | €386 | - | €378 | - |
| Profit (loss) for the period9904 | €1,985 | -€1,983 | -€2,773 | €5,563 | -€7,632 | €3,863 | -€25,939 | €3,779 | - |
| Profit (loss) for the period to be appropriated9905 | €1,985 | -€1,983 | -€2,773 | €5,563 | -€7,632 | €3,863 | -€25,939 | €3,779 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €45,400 | €42,995 | €38,106 | €45,142 | €40,279 | €48,759 | €25,721 | €22,545 | ▼ 12.3% |
| Fixed assets21/28 | €2,690 | €1,471 | €492 | €342 | €1,296 | €2,145 | €1,247 | €2,987 | ▲ 140% |
| Tangible fixed assets22/27 | €2,473 | €1,254 | €275 | €125 | €1,079 | €1,928 | €1,030 | €2,770 | ▲ 169% |
| Plant, machinery and equipment23 | - | - | - | €125 | €1,079 | €1,928 | €1,030 | €2,770 | ▲ 169% |
| Financial fixed assets28 | €217 | €217 | €217 | €217 | €217 | €217 | €217 | €217 | = |
| Current assets29/58 | €42,710 | €41,524 | €37,613 | €44,799 | €38,984 | €46,613 | €24,474 | €19,558 | ▼ 20.1% |
| Stocks and contracts in progress3 | - | - | - | €1,716 | €557 | €872 | €896 | €2,558 | ▲ 186% |
| Stocks30/36 | - | - | - | €1,716 | €557 | €872 | €896 | €2,558 | ▲ 186% |
| Amounts receivable within one year40/41 | €52 | €2,329 | €2,537 | €3,029 | €1,172 | €678 | €4,530 | €1,551 | ▼ 65.8% |
| Trade receivables40 | - | - | - | €3,029 | €550 | - | €2,653 | €168 | ▼ 93.7% |
| Other amounts receivable41 | - | - | - | - | €622 | €678 | €1,877 | €1,383 | ▼ 26.3% |
| Current investments50/53 | €5,094 | €5,094 | €5,094 | €5,094 | €5,094 | €5,094 | €5,094 | €5,094 | = |
| Cash at bank and in hand54/58 | €37,564 | €34,101 | €28,157 | €34,836 | €26,511 | €39,845 | €13,829 | €10,355 | ▼ 25.1% |
| Deferred charges and accrued income490/1 | - | - | - | €125 | €5,650 | €125 | €125 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €45,400 | €42,995 | €38,106 | €45,142 | €40,279 | €48,759 | €25,721 | €22,545 | ▼ 12.3% |
| Equity10/15 | €42,234 | €40,250 | €37,477 | €43,040 | €35,409 | €39,272 | €13,333 | €17,112 | ▲ 28.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | - | - | - | €18,595 | €18,595 | - | - | - | - |
| Uncalled capital101 | - | - | - | €12,395 | €12,395 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €11,923 | €5,723 | €9,503 | ▲ 66.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €11,923 | €5,723 | €9,503 | ▲ 66.0% |
| Profit (loss) carried forward14 | €34,174 | €32,190 | €29,417 | €34,980 | €27,349 | €27,349 | €1,409 | €1,409 | = |
| Amounts payable17/49 | €3,166 | €2,744 | €628 | €2,101 | €4,871 | €9,487 | €12,388 | €5,433 | ▼ 56.1% |
| Amounts payable within one year42/48 | €3,166 | €2,744 | €628 | €2,101 | €4,871 | €9,487 | €12,388 | €4,833 | ▼ 61.0% |
| Trade debts44 | €442 | €712 | - | €58 | €212 | €5,325 | €2,093 | €1,550 | ▼ 26.0% |
| Suppliers440/4 | - | - | - | €58 | €212 | €5,325 | €2,093 | €1,550 | ▼ 26.0% |
| Taxes, remuneration and social security45 | - | - | - | €1,897 | €4,604 | €1,386 | €476 | €358 | ▼ 24.9% |
| Taxes450/3 | - | - | - | €1,897 | €3,604 | €386 | €476 | €358 | ▼ 24.9% |
| Remuneration and social security454/9 | - | - | - | - | €1,000 | €1,000 | - | - | - |
| Other amounts payable47/48 | - | - | - | €147 | €54 | €2,775 | €9,819 | €2,925 | ▼ 70.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €600 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,985 | -€1,983 | -€2,773 | €5,563 | -€7,632 | €3,863 | -€25,939 | €3,779 | - |
| + Depreciation and write-downs630 | €2,137 | €1,532 | €978 | €150 | €161 | €931 | €899 | €888 | ▼ 1.2% |
| Operating cash flow (approximation) | €4,122 | -€451 | -€1,795 | €5,713 | -€7,471 | €4,794 | -€25,041 | €4,667 | - |
| Investment in fixed assets (approximation) | - | -€313 | €0 | €0 | -€1,114 | -€1,780 | €0 | -€2,628 | - |
| Change in cash | - | -€3,463 | -€5,944 | €6,679 | -€8,325 | €13,334 | -€26,015 | -€3,475 | ▲ 86.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00412744 |
| 31-12-2024 | micro format | 14-08-2025 | 2025-00375770 |
| 31-12-2023 | micro format | 18-08-2024 | 2024-00348601 |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00270690 |
| 31-12-2021 | micro format | 19-08-2022 | 2022-20297000 |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54100202 |
| 31-12-2019 | micro format | 11-08-2020 | 2020-40700039 |
| 31-12-2018 | micro format | 24-08-2019 | 2019-54700417 |
| 31-12-2017 | micro format | 13-08-2018 | 2018-44900105 |
| 31-12-2016 | micro format | 20-07-2017 | 2017-34300204 |
Similar companies · same sector, comparable size
Subsidies and aid
Wallonia-Brussels Federation
2024 to 2025 · 5 entries · €11,040 in total| Year | Entries | Paid |
|---|---|---|
| 2025 | 2 | €4,500 |
| 2024 | 3 | €6,540 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
10-05
Gazette deed
Capital & shares · Amendment of the articles · Legal-form changeLegal-form conversion · Capital conversion · Reserve release17 facts ▸
- General meeting, “à l'unanimité, littéralement reprises” (deed in French)
- Legal-form conversion, “SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, solde disponible pour la distribution” (deed in French)
- Amendment of the articles
- Other provision, “article 8 des actions, omis” (deed in French)
- Other provision, “contrôle” (deed in French)
- Other provision, “convocations” (deed in French)
- Other provision, “liste des présences et bureau” (deed in French)
- Other provision, “prorogation de l'assemblée” (deed in French)
- Other provision, “délibérations de l'assemblée générale” (deed in French)
- +5 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21822R0257/00L002 | Brussels | 2,155 m² | 1 · 400 m² | 23.1 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La production artistique; l'édition, la publication musicale; l'interprétation; la location de matériel ayant trait au domaine artistique et…” (deed in French)
16 activities (deed in French)
- La production artistique; l'édition, la publication musicale; l'interprétation; la location de matériel ayant trait au domaine artistique et à l'art en général;
- La création et la production musicale; l'interprétation dans le cadre de la chanson et du théâtre; l'écriture et la production de spectacles; la réalisation, la création théâtrale, cinématographique et littéraire; en résumé: toutes activités ayant trait à l'art de la scène et du spectacle en général;
- Toutes activités artistiques relatées à la publicité (voix, chants, assistance à la réalisation de spots-tv et - vidéo;
- La traduction;
- La location et mise à disposition de voiture et autres moyens de transport;
- L'exploitation d'un studio d'enregistrement; l'enregistrement et la commercialisation de disques etcetera
- Toutes activités relatées au management de droit d'auteur et droit d'auteur-compositeur;
- L'organisation et la promotion de toute animation socio-culturelle;
- La conception et la réalisation, entre autre la mise en page, de tous travaux en rapport avec la création et l'édition de photographies, CD-Rom, bandes dessinées, livres, CD-Audio, jeux vidéo, vêtements, tableaux et toutes productions artístiques;
- La prestations de tous services de consultance et de conseil en matière de gestion et de promotion des ventes, de marketing et d'organisation de marchés; elle pourra aussi agir en qualíté de représentant commercial; ces prestations pourront être effectuées dans tout domaine d'activité et sur tout marché;
- La gestion et l'exploitation, sous la plus large acception du terme, de son patrimoine mobilier et immobilier:
- Faire toutes transactions immobilières, notamment: acquérir, aliéner, construire, gérer, exploiter, valoriser, lotir, louer et donner en bail des biens immeubles; conseiller et agir comme coordinateur lors de la réalisation de constructions et comme agent immobilier;
- Prendre des participations dans toutes sociétés et dans toutes entreprises sous forme de participation, apport, souscription, absorption, fusion et autres et gérer, comme pour elle-même, le patrimoine des tiers dans le sens le plus farge;
- Effectuer toutes opérations financières, civiles ou commerciales relatives à tous biens, droits ou valeurs corporels, incorporels ou intellectuels, belges ou étrangers;
- Contracter ou consentir tous emprunts hypothécaires ou non, donner ou prendre en gage oп en caution, consentir des garanties (hypothécaires), même pour des tiers, sauf si ces opérations sont réservées par la loi ou la régtementation aux banques et/ou aux institutions de crédit;
- Pourvoir à l'administration, à la supervision et au contrôle de toutes sociétés liées ou avec lesquelles il existe un lien de participation et toutes autres.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MARKA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, réputée être intervenue valablement” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, nombre,qualité statutaire,durée,étendue des pouvoirs y compris délégation” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Valeur d'actif net telle que résultant des derniers comptes annuels approuvés, agrément de tous les actionnaires” (deed in French)“Valeur d'actif net, valeur des actions transmises” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Comme en matière de modification aux statuts, assemblée générale” (deed in French)“Rapport spécial sur mesures de continuité si maintien, délibérer et décider dissolution éventuelle ou mesures d'ordre du jour pour…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Assemblée générale détermine émoluments le cas échéant, plus étendus articles 2:87 et suivants” (deed in French)