MARKACIL
ActiveMARKACIL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.80M and a net result of €37k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 77% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+13
Solvency93▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.96 in 2023; short-term debt: 16.7% and cash: 21% of total assets), and 31.6% 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
68.4%
Return on assets
1.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
22 d late
2022
25 d late
2021
25 d late
2020
11 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.80M▲ 2.1%
2023 · €1.77M
2018: €1.68M
2019: €1.70M
2020: €1.71M
2021: €1.72M
2022: €1.76M
2023: €1.77M
2018 → 2024
Total assets
€2.64M▼ 5.3%
2023 · €2.78M
2018: €3.47M
2019: €3.35M
2020: €3.25M
2021: €3.07M
2022: €2.95M
2023: €2.78M
2018 → 2024
Net result
€37k▲ 251%
2023 · €11k
2018: €-36k
2019: €18k
2020: €5k
2021: €16k
2022: €32k
2023: €11k
2018 → 2024
Working capital
€147k
2023 · €-27k
2018: €-837k
2019: €-641k
2020: €-623k
2021: €-421k
2022: €-216k
2023: €-27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.71M-€1.72M▲ 1.0%€1.76M▲ 1.9%€1.77M▲ 0.6%€1.80M▲ 2.1%
Operating result€43k-€60k▲ 39.4%€75k▲ 25.8%€60k▼ 20.8%€46k▼ 22.3%
Net result€5k-€16k▲ 250%€32k▲ 95.2%€11k▼ 67.2%€37k▲ 251%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.64M
Fixed assets
€2.05M▼ 6.7%
Current assets
€587k▲ 0.1%
Equity and liabilities €2.64M
Equity
€1.80M▲ 2.1%
Provisions
€55k▼ 16.7%
Debt
€778k▼ 18.2%
The debt ratio falls from 34.2% to 29.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€221k▼
2023 · €235k
Cash flow
€212k▲
2023 · €186k
Solvency
68.4%▲
2023 · 63.5%
Current ratio
1.33▲
2023 · 0.96
Quick ratio
1.33▲
2023 · 0.96
Debt / equity
0.43▼
2023 · 0.54
ROE
2.0%▲
2023 · 0.6%
ROA
1.4%▲
2023 · 0.4%
Interest coverage
569.15▲
2023 · 4.66
Debt
€778k▼
2023 · €951k
Debt ≤ 1 year
€440k▼
2023 · €613k
Income taxes
€23k▲
2023 · €10k
Staff costs
€30k▲
2023 · €29k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.78M€2.64M▼
Fixed assets21/28€2.20M€2.05M▼
Tangible fixed assets22/27€2.20M€2.05M▼
Land and buildings22€1.82M€1.68M▼
Plant, machinery and equipment23€67k€70k▲
Other tangible fixed assets26€313k€298k▼
Financial fixed assets28€19€19=
Current assets29/58€586k€587k▲
Amounts receivable within one year40/41€12k€24k▲
Trade receivables40€4k-
Other amounts receivable41€8k€24k▲
Cash at bank and in hand54/58€543k€554k▲
Deferred charges and accrued income490/1€30k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.78M€2.64M▼
Equity10/15€1.77M€1.80M▲
Contributions10/11€682k€682k=
Capital10€682k€682k=
Issued capital100€682k€682k=
Reserves13€1.08M€1.12M▲
Non-distributable reserves130/1€68k€68k=
Legal reserve130€68k€68k=
Tax-exempt reserves132€129k€107k▼
Distributable reserves133€888k€946k▲
Provisions and deferred taxes16€66k€55k▼
Deferred taxes168€66k€55k▼
Amounts payable17/49€951k€778k▼
Amounts payable within one year42/48€613k€440k▼
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3-€11k
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€604k€412k▼
Accrued charges and deferred income492/3€338k€338k=
Income statement
Code20232024
Remuneration, social security and pensions62€29k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€175k▼
Other operating charges640/8€81k€85k▲
Gross operating margin9900€345k€336k▼
Operating profit (loss)9901€60k€46k▼
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€50k€389▼
Recurring financial charges65€50k€389▼
Profit (loss) for the period before taxes9903€9k€49k▲
Transfer from deferred taxes780€11k€11k=
Income taxes67/77€10k€23k▲
Profit (loss) for the period9904€11k€37k▲
Transfer from tax-exempt reserves789€22k€22k=
Profit (loss) for the period to be appropriated9905€32k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€58k▲
Transfer to equity691/2€32k€58k▲
To other reserves6921€32k€58k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Highest result since 2018net €37k ▲251%
Net result €37k, the highest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zulte · 1 establishment unit since 1988
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.
Rijksweg 1259870 ZulteGround area
212 m²
Building footprint
212 m²
Volume, LiDAR
1,708 m³
Parcel 44037B1035/00T000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MARKACIL
since 19882.041.351.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037B1035/00T000 | Flanders | 212 m² | 1 · 212 m² | 11.7 m · 3 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.
Similar companies · same sector, comparable size
IMMO - BENELUX
BE 0436.642.233
Elsene · Eq €1.81M
IMMO NOVA
BE 0466.335.913
Roeselare · Eq €1.80M
ENCETERA
BE 0899.781.896
Maldegem · Eq €1.80M
BENELUX & WJC PROPERTIES
BE 0413.389.254
Sint-Gillis (bij-Brussel) · Eq €1.81M
MA - LEN
BE 0437.463.466
Zutendaal · Eq €1.80M
Of 9,139 companies in sector 68201 we hold annual accounts for 6,767. 4,405 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-12-1987
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.