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Markanne

Active
Private limited companyfounded 1992active for 34 yearsAlbertlaan 15, 1190 Vorst, BelgiumKBO/BCE: BE 0447.629.759
Summary

The computed 12-month bankruptcy probability of Markanne is 1.9% (moderate). The 2024 annual accounts show equity of €188,030 and a net result of -€45,823. Equity remains stable across the filed financial years (±0.7% per year). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 May 2026 Financial year closed on 31 October 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Equity
€188,030▼ 19.6%
2023 · €233,853
Total assets
€188,030▼ 26.8%
2023 · €256,897
Net result
-€45,823▼ 1,287%
2023 · -€3,305
Working capital
€214,664▲ 3.4%
2022 · €207,627
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €41,798 in 2024 against €3,234 in 2023; the loss grows and 2024 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€41,798 2024 Net result-€45,823 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€10,942--€10,589-€3,483▲ 67.1%-€2,878▲ 17.4%€136,140-€3,234-€41,798▼ 1,193%
Net result€10,755--€10,776-€1,388▲ 87.1%-€1,446▼ 4.2%€115,888-€3,305-€45,823▼ 1,287%
Equity€242,379-€231,603▼ 4.4%€230,215▼ 0.6%€228,769▼ 0.6%€237,158▲ 3.7%€233,853▼ 1.4%€188,030▼ 19.6%
Total assets€332,026-€322,181▼ 3.0%€242,758▼ 24.7%€233,532▼ 3.8%€242,643▲ 3.9%€256,897▲ 5.9%€188,030▼ 26.8%
Debt€89,647-€90,578▲ 1.0%€12,543▼ 86.2%€4,763▼ 62.0%€5,486▲ 15.2%€23,045▲ 320%
Working capital-€32,612--€36,533▼ 12.0%€119,559€125,520▲ 5.0%€207,627▲ 65.4%€214,664▲ 3.4%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€22,610▼
2023 · €3,809
Cash flow
-€26,635▼
2023 · €3,738
Solvency
100.0%▲
2023 · 91.0%
ROE
-24.4%▼
2023 · -1.4%
ROA
-24.4%▼
2023 · -1.3%
Interest coverage
-13.48▼
2023 · 4.97
Income taxes
€3,618▲
2023 · €494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.4% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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%.

The companies in ten equal groups, from lowest to 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 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 5,831 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€256,897€188,030▼
Fixed assets21/28€19,189€0▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€19,189-
Land and buildings22€12,704-
Furniture and vehicles24€6,485-
Financial fixed assets28€0-
Current assets29/58€237,709€188,030▼
Amounts receivable within one year40/41€5,655€5,655=
Other amounts receivable41€5,655€5,655=
Current investments50/53€127,313€127,313=
Cash at bank and in hand54/58€90,740€55,062▼
Deferred charges and accrued income490/1€14,000-
Equity and liabilities
Total equity and liabilities10/49€256,897€188,030▼
Equity10/15€233,853€188,030▼
Contributions10/11€282,750€282,750=
Capital10€282,750€282,750=
Issued capital100€282,750€282,750=
Reserves13€28,275€28,275=
Non-distributable reserves130/1€28,275€28,275=
Legal reserve130€28,275€28,275=
Profit (loss) carried forward14-€77,172-€122,995▼
Amounts payable17/49€23,045-
Amounts payable within one year42/48€23,045-
Trade debts44€1,452-
Suppliers440/4€1,452-
Taxes, remuneration and social security45€21,593-
Taxes450/3€21,593-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,043€19,188▲
Other operating charges640/8€3,583€3,754▲
Gross operating margin9900€7,392-€18,856▼
Operating profit (loss)9901-€3,234-€41,798▼
Financial income75/76B€1,189€1,270▲
Recurring financial income75€1,189€1,270▲
Financial charges65/66B€766€1,677▲
Recurring financial charges65€766€1,677▲
Profit (loss) for the period before taxes9903-€2,811-€42,205▼
Income taxes67/77€494€3,618▲
Profit (loss) for the period9904-€3,305-€45,823▼
Profit (loss) for the period to be appropriated9905-€3,305-€45,823▼
Appropriation of the result
Profit (loss) to be appropriated9906-€77,172-€122,995▼
Profit (loss) brought forward from the previous period14P-€73,868-€77,172▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Non-recurring operating income76A----€127,628---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,172€9,164€9,501€7,408€7,043€7,043€19,188▲ 172%
Other operating charges640/8----€806€3,583€3,754▲ 4.8%
Gross operating margin9900€22,166€1,677€6,757€9,449€143,989€7,392-€18,856-
Operating profit (loss)9901€10,942-€10,589-€3,483-€2,878€136,140-€3,234-€41,798▼ 1,193%
Financial income75/76B----€1,485€1,189€1,270▲ 6.8%
Recurring financial income75--€2,171€3,043€1,485€1,189€1,270▲ 6.8%
Financial charges65/66B----€1,046€766€1,677▲ 119%
Recurring financial charges65€187€186€76€1,011€1,046€766€1,677▲ 119%
Profit (loss) for the period before taxes9903€10,755-€10,776-€1,388-€846€136,579-€2,811-€42,205▼ 1,402%
Income taxes67/77---€600€20,691€494€3,618▲ 632%
Profit (loss) for the period9904€10,755-€10,776-€1,388-€1,446€115,888-€3,305-€45,823▼ 1,287%
Profit (loss) for the period to be appropriated9905€10,755-€10,776-€1,388-€1,446€115,888-€3,305-€45,823▼ 1,287%
Line2018201920202021202220232024Change
Assets
Total assets20/58€332,026€322,181€242,758€233,532€242,643€256,897€188,030▼ 26.8%
Fixed assets21/28€274,991€268,136€110,657€103,249€29,531€19,189€0▼ 100%
Intangible fixed assets21------€0-
Tangible fixed assets22/27€271,691€264,836€107,357€99,949€26,231€19,189--
Land and buildings22----€19,325€12,704--
Furniture and vehicles24----€6,906€6,485--
Financial fixed assets28€3,300€3,300€3,300€3,300€3,300€0--
Current assets29/58€57,035€54,046€132,102€130,283€213,112€237,709€188,030▼ 20.9%
Amounts receivable within one year40/41€187€1,000-€730€1,423€5,655€5,655=
Other amounts receivable41----€1,423€5,655€5,655=
Current investments50/53--€104,137€71,308€145,784€127,313€127,313=
Cash at bank and in hand54/58€56,256€53,046€27,965€58,246€51,406€90,740€55,062▼ 39.3%
Deferred charges and accrued income490/1----€14,500€14,000--
Equity and liabilities
Total equity and liabilities10/49€332,026€322,181€242,758€233,532€242,643€256,897€188,030▼ 26.8%
Equity10/15€242,379€231,603€230,215€228,769€237,158€233,853€188,030▼ 19.6%
Contributions10/11€282,750€282,750€282,750€282,750€282,750€282,750€282,750=
Capital10----€282,750€282,750€282,750=
Issued capital100----€282,750€282,750€282,750=
Reserves13€28,275€28,275€28,275€28,275€28,275€28,275€28,275=
Non-distributable reserves130/1----€28,275€28,275€28,275=
Legal reserve130----€28,275€28,275€28,275=
Profit (loss) carried forward14-€68,646-€79,422-€80,810-€82,256-€73,868-€77,172-€122,995▼ 59.4%
Amounts payable17/49€89,647€90,578€12,543€4,763€5,486€23,045--
Amounts payable within one year42/48€89,647€90,578€12,543€4,763€5,486€23,045--
Trade debts44€1,229€1,155€1,155€2,164-€1,452--
Suppliers440/4-----€1,452--
Taxes, remuneration and social security45----€2,887€21,593--
Taxes450/3----€2,887€21,593--
Other amounts payable47/48----€2,599---
Line2018201920202021202220232024Change
Profit (loss) for the period9904€10,755-€10,776-€1,388-€1,446€115,888-€3,305-€45,823▼ 1,287%
+ Depreciation and write-downs630€10,172€9,164€9,501€7,408€7,043€7,043€19,188▲ 172%
Operating cash flow (approximation)€20,927-€1,612€8,113€5,962€122,931€3,738-€26,635-
Investment in fixed assets (approximation)--€2,309€147,978€0€66,676€3,300€1▼ 100.0%
Change in cash--€3,211-€25,081€30,281-€6,839€39,334-€35,678-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-10-2024 micro format 01-05-2025 2025-00086334
31-10-2023 micro format 12-03-2024 2024-00042186
31-10-2022 micro format 10-05-2023 2023-00087507
31-10-2021 micro format 24-03-2022 2022-08700347
31-10-2020 micro format 18-03-2021 2021-08000228
31-10-2019 micro format 26-02-2020 2020-05600578
31-10-2018 micro format 06-03-2019 2019-06600438
31-10-2017 micro format 26-03-2018 2018-07800305
31-10-2016 full format 02-03-2017 2017-05800318
31-10-2015 full format 25-02-2016 2016-05200280

Show all 32 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.