MARKAT · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MARKAT is 1.6% (moderate). The 2024 annual accounts show equity of €30k and a net result of €9k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 5651 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 87% of 5651 peers (2024). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 21 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-05-2025, 66 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	26-05-2025	66 d early	2025-00105825
31-12-2023	31-07-2024	17-07-2024	14 d early	2024-00251847
31-12-2022	31-07-2023	21-06-2023	40 d early	2023-00145682
31-12-2021	31-07-2022	22-06-2022	39 d early	2022-20080396
31-12-2020	31-07-2021	22-07-2021	9 d early	2021-38900061
31-12-2019	31-07-2020	30-09-2020	61 d late	2020-58000175
31-12-2018	31-07-2019	30-08-2019	30 d late	2019-59200601
31-12-2017	31-07-2018	04-07-2018	27 d early	2018-29400036
31-12-2016	31-07-2017	18-07-2017	13 d early	2017-33400280
31-12-2015	31-07-2016	25-08-2016	25 d late	2016-48500255

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2009, 16 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.6% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€9k+3416.0%

Working capital€17k+112.5%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 26-05-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~8.8%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	63.5%	19.3%	better than 87% of 5651 sector peers
Net result	€9k	€4k	better than 59% of 5639 sector peers
Equity	€30k	€14k	better than 65% of 5663 sector peers
Gross operating margin	€16k	€52k	better than 28% of 5625 sector peers
Staff costs	€2k	€49k	higher than 9% of 4089 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P87

Stable position over 2020-2024 · n=1437-5651

Net result P59

Stable position over 2020-2024 · n=1429-5639

Equity P65

Stable position over 2020-2024 · n=1441-5663

Gross operating margin P28

Weakening position over 2020-2024 · n=1423-5625

Describes the position versus peers, not a forecast.

EBITDA

€10k

+104.6% 18-24

Net profit

€9k

+3416.0% 18-24

Cash flow

€10k

+106.0% 18-24

Total assets

€47k

+3.5% 18-24

Equity

€30k

+41.2% 18-24

Working capital

€17k

+112.5% 18-24

Employees (FTE)

1

-50.0% 18-24

Staff costs

€2k

0.0% 18-24

Show 10 other metrics

Income taxes

€50

-78.0% 18-24

Debt

€17k

-29.4% 18-24

Debt ≤ 1y

€14k

-29.4% 18-24

Current ratio

2.23

+58.3% 18-24

Quick ratio

1.68

+77.0% 18-24

Solvency

63.5%

+36.5% 18-24

Debt / equity

0.57

-50.0% 18-24

ROE

29.2%

+2390.0% 18-24

ROA

18.5%

+3298.7% 18-24

Interest coverage

55.17

-11.0% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€10k
Net profit	€9k
Cash flow	€10k
Staff costs	€2k
Income taxes	-
Dividends	-
Total assets	€47k
Equity	€30k
Debt	€17k
of which ≤ 1y	€14k
of which > 1y	-
Working capital	€17k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.23
Quick ratio	1.68
Working capital ratio	36.3%
Solvency	63.5%
Debt / equity	0.57
Long-term debt ratio	-
Interest coverage	55.17
Gross margin	-
Net margin	-
ROA	18.5%
ROE	29.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €16k · 34.2% Current assets €31k · 65.8%

Equity & liabilities

Equity €30k · 63.5% Debt €17k · 36.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€47k
Fixed assets	21/28	€16k
Tangible fixed assets	22/27	€6k
Financial fixed assets	28	€9k
Current assets	29/58	€31k
Stocks & contracts in progress	3	€8k
Cash & bank	54/58	€14k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€47k
Equity	10/15	€30k
Contributions / capital	10/11	€19k
Reserves	13	€17k
Accumulated profits (losses)	14	€-6k
Amounts payable	17/49	€17k
Amounts payable within one year	42/48	€14k
Trade debts payable within one year	44	€4k
Income statement
Gross operating margin	9900	€16k
Operating result	9901	€9k
Financial income	75	€3
Financial charges	65	€190
Result before taxes	9903	€9k
Net result for the period	9904	€9k
Result to be appropriated	9905	€9k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

6 directors

10 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

Van Hecke Christiana
Director
State Gazette act 23089594 (12-07-2023)

Current
01-05-2023 → present

Historic, not recently confirmed (1)

These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.

Van Deursen Martin
Manager
State Gazette act 20092159 (11-08-2020)

Not recently confirmed
last confirmed in an act from 2020
3 events
- 01-07-2020 Appointed· Manager
- 23-10-2014 Resigned· Manager
- 17-09-2014 Appointed· Manager

Former directors (4)

Baele Kimberly
Director
State Gazette act 22073962 (22-06-2022)

Former
01-04-2022 → 30-11-2025
2 events
- 30-11-2025 Resigned· Director
- 01-04-2022 Appointed· Director
De Kesel Katleen
Manager
State Gazette act 14189477 (16-10-2014)

Former
17-09-2014 → 01-07-2020
2 events
- 01-07-2020 Resigned· Manager
- 17-09-2014 Appointed· Manager
Erik STRIELEMAN
Manager
State Gazette act 14189477 (16-10-2014)

Former
- → 17-09-2014
Lynn VERLEYEN
Manager
State Gazette act 14189477 (16-10-2014)

Former
- → 17-09-2014

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Cafés en bars(56301)
Legal form	Private limited company(610)
Incorporation	26-11-2009
Status	Active
Postal code	9990

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

DEN OSSEKOP

Marktstraat 34, 9990 MaldegemHandelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer

since 20142.235.977.187

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area114 m²

Buildings1

Building footprint114 m²

Volume (LiDAR)795 m³

Tallest building11.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43010G0359/00C000 ProtectedMonument · Townscape or village viewParochiekerk Sint-Barbara en omgevingSource ↗	Flanders	114 m²	1 · 114 m²	11.6 m · 2 fl.