Markant BELUX
ActiveSummary
Markant BELUX has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €733,658 and a net result of €27,622. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-2
Solvency99▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.6 in 2023; short-term debt: 15.7% and cash: 17.6% of total assets), and 25.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
74.2%
Return on assets
2.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
44 d early
2024
43 d early
2023
48 d early
2022
42 d early
2021
61 d early
2020
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Equity
€733,658▲ 3.9%
2023 · €706,036
Total assets
€989,033▼ 11.8%
2023 · €1.1m
Net result
€27,622▼ 37.8%
2023 · €44,378
Working capital
€232,536▼ 11.9%
2023 · €263,978
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,775-€55,429▲ 532%€82,916▲ 49.6%€91,568▲ 10.4%€62,952▼ 31.3%
Net result€4,283within the sector's middle half-€18,859within the sector's middle half▲ 340%€40,458within the sector's middle half▲ 115%€44,378within the sector's middle half▲ 9.7%€27,622within the sector's middle half▼ 37.8%
Equity€624,332within the sector's middle half-€643,191within the sector's middle half▲ 3.0%€666,841within the sector's middle half▲ 3.7%€706,036within the sector's middle half▲ 5.9%€733,658within the sector's middle half▲ 3.9%
Total assets€888,083within the sector's middle half-€922,804within the sector's middle half▲ 3.9%€1.1mwithin the sector's middle half▲ 17.5%€1.1mwithin the sector's middle half▲ 3.3%€989,033within the sector's middle half▼ 11.8%
Debt€263,751-€279,613▲ 6.0%€417,876▲ 49.4%€414,998▼ 0.7%€255,375▼ 38.5%
Working capital€177,763within the sector's middle half-€156,459within the sector's middle half▼ 12.0%€211,203within the sector's middle half▲ 35.0%€263,978within the sector's middle half▲ 25.0%€232,536within the sector's middle half▼ 11.9%
Solvency70.3%within the sector's middle half-69.7%within the sector's middle half▼ 0.6pp61.5%within the sector's middle half▼ 8.2pp63.0%within the sector's middle half▲ 1.5pp74.2%within the sector's middle half▲ 11.2pp
Current ratio2.62within the sector's middle half-2.21within the sector's middle half▼ 0.412.26within the sector's middle half▲ 0.052.60within the sector's middle half▲ 0.342.50within the sector's middle half▼ 0.10
Return on assets (ROA)0.5%within the sector's middle half-2.0%within the sector's middle half▲ 1.6pp3.7%within the sector's middle half▲ 1.7pp4.0%within the sector's middle half▲ 0.2pp2.8%within the sector's middle half▼ 1.2pp
Staff (FTE)1.7within the sector's middle half-5.3within the sector's middle half▲ 212%7.4above the sector's middle half▲ 39.6%8above the sector's middle half▲ 8.1%8above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €989,033
Fixed assets
€601,122 ▼ 13.1%
Current assets
€387,911 ▼ 9.6%
Equity and liabilities €989,033
Equity
€733,658 ▲ 3.9%
Debt
€255,375 ▼ 38.5%
Debt's share of the balance-sheet total falls from 37.0% to 25.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161,668▼
2023 · €179,013
Cash flow
€126,338▼
2023 · €131,824
Debt to equity
0.35▼
2023 · 0.59
ROE
3.8%▼
2023 · 6.3%
Interest coverage
16.24▲
2023 · 13.37
Debt ≤ 1 year
€155,375▼
2023 · €164,998
Debt > 1 year
€100,000▼
2023 · €250,000
Income taxes
€25,375▼
2023 · €33,797
Staff costs
€756,746▲
2023 · €726,741
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.0% |
| 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% 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 5,048 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €393,217 | €585,605 | €726,741 | €756,746 | ▲ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,436 | €62,324 | €75,484 | €87,445 | €98,716 | ▲ 12.9% |
| Other operating charges640/8 | - | €2,971 | €9,550 | €23,937 | €11,228 | ▼ 53.1% |
| Gross operating margin9900 | €256,378 | €513,941 | €753,555 | €929,691 | €929,642 | = |
| Operating profit (loss)9901 | €8,775 | €55,429 | €82,916 | €91,568 | €62,952 | ▼ 31.3% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | €5 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €7,859 | €8,858 | €13,392 | €9,955 | ▼ 25.7% |
| Recurring financial charges65 | €3,059 | €7,859 | €8,858 | €13,392 | €9,955 | ▼ 25.7% |
| Profit (loss) for the period before taxes9903 | €5,720 | €47,570 | €74,058 | €78,175 | €52,996 | ▼ 32.2% |
| Income taxes67/77 | €1,437 | €28,711 | €33,600 | €33,797 | €25,375 | ▼ 24.9% |
| Profit (loss) for the period9904 | €4,283 | €18,859 | €40,458 | €44,378 | €27,622 | ▼ 37.8% |
| Profit (loss) for the period to be appropriated9905 | €4,283 | €18,859 | €40,458 | €44,378 | €27,622 | ▼ 37.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €888,083 | €922,804 | €1.1m | €1.1m | €989,033 | ▼ 11.8% |
| Fixed assets21/28 | €600,461 | €636,733 | €705,637 | €692,058 | €601,122 | ▼ 13.1% |
| Tangible fixed assets22/27 | €600,461 | €636,733 | €705,637 | €692,058 | €601,122 | ▼ 13.1% |
| Land and buildings22 | - | €464,126 | €443,749 | €418,627 | €393,504 | ▼ 6.0% |
| Furniture and vehicles24 | - | €172,606 | €261,888 | €273,432 | €207,618 | ▼ 24.1% |
| Current assets29/58 | €287,621 | €286,072 | €379,079 | €428,976 | €387,911 | ▼ 9.6% |
| Amounts receivable within one year40/41 | €64,130 | €167,852 | €183,216 | €208,977 | €210,259 | ▲ 0.6% |
| Trade receivables40 | - | €144,498 | €158,945 | €183,417 | €174,045 | ▼ 5.1% |
| Other amounts receivable41 | - | €23,353 | €24,272 | €25,560 | €36,214 | ▲ 41.7% |
| Cash at bank and in hand54/58 | €219,821 | €114,067 | €173,499 | €208,029 | €174,455 | ▼ 16.1% |
| Deferred charges and accrued income490/1 | - | €4,153 | €22,363 | €11,970 | €3,196 | ▼ 73.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €888,083 | €922,804 | €1.1m | €1.1m | €989,033 | ▼ 11.8% |
| Equity10/15 | €624,332 | €643,191 | €666,841 | €706,036 | €733,658 | ▲ 3.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Revaluation surpluses12 | - | €600,049 | €569,449 | €545,449 | €545,449 | = |
| Reserves13 | - | - | €13,792 | €32,609 | €32,609 | = |
| Distributable reserves133 | - | - | €13,792 | €32,609 | €32,609 | = |
| Profit (loss) carried forward14 | €4,283 | €23,142 | €63,600 | €107,978 | €135,600 | ▲ 25.6% |
| Amounts payable17/49 | €263,751 | €279,613 | €417,876 | €414,998 | €255,375 | ▼ 38.5% |
| Amounts payable after more than one year17 | €150,000 | €150,000 | €250,000 | €250,000 | €100,000 | ▼ 60.0% |
| Financial debts170/4 | - | €150,000 | €250,000 | €250,000 | €100,000 | ▼ 60.0% |
| Amounts payable within one year42/48 | €109,858 | €129,613 | €167,876 | €164,998 | €155,375 | ▼ 5.8% |
| Trade debts44 | €84,515 | €74,776 | €105,237 | €66,141 | €72,322 | ▲ 9.3% |
| Suppliers440/4 | - | €74,776 | €105,237 | €66,141 | €72,322 | ▲ 9.3% |
| Taxes, remuneration and social security45 | - | €54,837 | €62,639 | €98,856 | €83,053 | ▼ 16.0% |
| Taxes450/3 | - | €10,148 | €3,600 | €17,397 | - | - |
| Remuneration and social security454/9 | - | €44,689 | €59,039 | €81,459 | €83,053 | ▲ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,283 | €18,859 | €40,458 | €44,378 | €27,622 | ▼ 37.8% |
| + Depreciation and write-downs630 | €17,436 | €62,324 | €75,484 | €87,445 | €98,716 | ▲ 12.9% |
| Operating cash flow (approximation) | €21,719 | €81,183 | €115,942 | €131,824 | €126,338 | ▼ 4.2% |
| Investment in fixed assets (approximation) | - | -€98,595 | -€144,389 | -€73,866 | -€7,780 | ▲ 89.5% |
| Change in cash | - | -€105,754 | €59,432 | €34,529 | -€33,574 | ▼ 197% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2020net €44,378 ▲9.7%
Operating result €91,568, net result €44,378, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2020
Ground area
9,119 m²
Building footprint
1,742 m²
Volume, LiDAR
21,016 m³
Parcel 23084A0271/00A005, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Nijverheidslaan 1, 1853 Grimbergen
since 20202.302.770.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00A005 | Flanders | 9,119 m² | 1 · 1,742 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 31,125 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747784579
Registered
10-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.