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MARKE

Active
Private limited company (pre-2019)founded 199234 yrs activeHerendaliapad 2, 2200 Herentals, BelgiumKBO/BCE: BE 0447.167.426
Summary

MARKE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €402,799 and a net result of -€17,371. Equity is growing by ~11.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability63▲+5
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 18.24 against 4.22 in 2024; short-term debt: 0.8% and cash: 4.9% of total assets), and 1.3% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.7%
Return on assets
-4.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 filings
Deviation from the deadline
2025
11 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
58 d late
2020
30 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 27 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MARKE was incorporated on 3 April 1992.1 Total assets went from EUR 441,135 in 2018 to EUR 408,093 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€402,799▼ 4.2%
2024 · €420,255
Total assets
€408,093▼ 7.3%
2024 · €440,435
Net result
-€17,371
2024 · €36,194
Working capital
€53,514▼ 7.6%
2024 · €57,921
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€48,691▲ 7.7%€50,775▲ 4.3%€46,891▼ 7.6%€48,259▲ 2.9%-€3,567
Net result€31,366▼ 2.4%€38,081▲ 21.4%€34,377▼ 9.7%€36,194▲ 5.3%-€17,371
Equity€311,602▲ 11.2%€349,683▲ 12.2%€384,061▲ 9.8%€420,255▲ 9.4%€402,799▼ 4.2%
Total assets€412,191▼ 2.5%€406,707▼ 1.3%€411,853▲ 1.3%€440,435▲ 6.9%€408,093▼ 7.3%
Debt€100,588▼ 29.4%€57,024▼ 43.3%€27,792▼ 51.3%€20,180▼ 27.4%€5,294▼ 73.8%
Working capital-€39,441▲ 54.1%€12,517€13,862▲ 10.7%€57,921▲ 318%€53,514▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €48,691€48,691Net result 2021: €31,366€31,366Operating result 2022: €50,775€50,775Net result 2022: €38,081€38,081Operating result 2023: €46,891€46,891Net result 2023: €34,377€34,377Operating result 2024: €48,259€48,259Net result 2024: €36,194€36,194Operating result 2025: -€3,567-€3,567Net result 2025: -€17,371-€17,37120212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €46,891€46,900Net result 2023: €34,377€34,400Operating result 2024: €48,259€48,300Net result 2024: €36,194€36,200Operating result 2025: -€3,567-€3,570Net result 2025: -€17,371-€17,400202320242025
The operating result turns negative in 2025: a loss of €3,567 after €48,259 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408,093
Fixed assets €351,475 ▼ 3.6%
Current assets €56,618 ▼ 25.4%
Equity and liabilities €408,093
Equity €402,799 ▼ 4.2%
Debt €5,294 ▼ 73.8%
Debt's share of the balance-sheet total falls from 4.6% to 1.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,482▼
2024 · €63,892
Cash flow
-€4,322▼
2024 · €51,827
Current ratio
18.24▲
2024 · 4.22
Debt to equity
0.01▼
2024 · 0.05
ROE
-4.3%▼
2024 · 8.6%
ROA
-4.3%▼
2024 · 8.2%
Interest coverage
27.09
Debt ≤ 1 year
€3,104▼
2024 · €17,990
Income taxes
€13,453▲
2024 · €12,065
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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 · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€440,435€408,093▼
Fixed assets21/28€364,524€351,475▼
Tangible fixed assets22/27€364,524€351,475▼
Land and buildings22€348,824€335,775▼
Other tangible fixed assets26€15,700€15,700=
Current assets29/58€75,911€56,618▼
Amounts receivable within one year40/41€64,983€36,154▼
Other amounts receivable41€64,983€36,154▼
Cash at bank and in hand54/58€10,298€19,816▲
Deferred charges and accrued income490/1€630€649▲
Equity and liabilities
Total equity and liabilities10/49€440,435€408,093▼
Equity10/15€420,255€402,799▼
Contributions10/11€30,987€30,987=
Reserves13€389,268€371,812▼
Non-distributable reserves130/1€3,099€3,099=
Reserves not available under the articles1311€3,099€3,099=
Distributable reserves133€386,170€368,713▼
Amounts payable17/49€20,180€5,294▼
Amounts payable within one year42/48€17,990€3,104▼
Taxes, remuneration and social security45€14,579€3,104▼
Taxes450/3€14,579€3,104▼
Other amounts payable47/48€3,411-
Accrued charges and deferred income492/3€2,190€2,190=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,633€13,049▼
Other operating charges640/8€4,690€62,221▲
Gross operating margin9900€68,582€71,702▲
Operating profit (loss)9901€48,259-€3,567▼
Financial charges65/66B-€350
Recurring financial charges65-€350
Profit (loss) for the period before taxes9903€48,259-€3,917▼
Income taxes67/77€12,065€13,453▲
Profit (loss) for the period9904€36,194-€17,371▼
Profit (loss) for the period to be appropriated9905€36,194-€17,371▼
Appropriation of the result
Profit (loss) to be appropriated9906€36,194-€17,371▼
Transfer from equity791/2-€17,371
Transfer to equity691/2€36,194-
To other reserves6921€36,194-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,187€15,187€14,467€15,633€13,049▼ 16.5%
Other operating charges640/8€3,799€4,002€6,370€4,690€62,221▲ 1,227%
Gross operating margin9900€67,677€69,964€67,729€68,582€71,702▲ 4.5%
Operating profit (loss)9901€48,691€50,775€46,891€48,259-€3,567▼ 107%
Financial charges65/66B€203---€350-
Recurring financial charges65€203---€350-
Profit (loss) for the period before taxes9903€48,488€50,775€46,891€48,259-€3,917▼ 108%
Income taxes67/77€17,122€12,694€12,514€12,065€13,453▲ 11.5%
Profit (loss) for the period9904€31,366€38,081€34,377€36,194-€17,371▼ 148%
Profit (loss) for the period to be appropriated9905€31,366€38,081€34,377€36,194-€17,371▼ 148%
Line20212022202320242025Change
Assets
Total assets20/58€412,191€406,707€411,853€440,435€408,093▼ 7.3%
Fixed assets21/28€354,543€339,356€372,388€364,524€351,475▼ 3.6%
Tangible fixed assets22/27€354,543€339,356€372,388€364,524€351,475▼ 3.6%
Land and buildings22€338,843€323,656€356,688€348,824€335,775▼ 3.7%
Other tangible fixed assets26€15,700€15,700€15,700€15,700€15,700=
Current assets29/58€57,648€67,351€39,465€75,911€56,618▼ 25.4%
Amounts receivable within one year40/41€31,635€38,340€36,340€64,983€36,154▼ 44.4%
Other amounts receivable41€31,635€38,340€36,340€64,983€36,154▼ 44.4%
Cash at bank and in hand54/58€25,475€28,408€2,499€10,298€19,816▲ 92.4%
Deferred charges and accrued income490/1€538€604€626€630€649▲ 2.9%
Equity and liabilities
Total equity and liabilities10/49€412,191€406,707€411,853€440,435€408,093▼ 7.3%
Equity10/15€311,602€349,683€384,061€420,255€402,799▼ 4.2%
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Reserves13€69,528€318,697€353,074€389,268€371,812▼ 4.5%
Non-distributable reserves130/1€3,099€3,099€3,099€3,099€3,099=
Reserves not available under the articles1311€3,099€3,099€3,099€3,099€3,099=
Distributable reserves133€66,429€315,598€349,975€386,170€368,713▼ 4.5%
Profit (loss) carried forward14€211,088-----
Amounts payable17/49€100,588€57,024€27,792€20,180€5,294▼ 73.8%
Amounts payable within one year42/48€97,088€54,834€25,602€17,990€3,104▼ 82.7%
Trade debts44€85,754€46,671€7,047---
Suppliers440/4€85,754€46,671€7,047---
Taxes, remuneration and social security45€7,987€4,816€15,208€14,579€3,104▼ 78.7%
Taxes450/3€7,987€4,816€15,208€14,579€3,104▼ 78.7%
Other amounts payable47/48€3,347€3,347€3,347€3,411--
Accrued charges and deferred income492/3€3,500€2,190€2,190€2,190€2,190=
Line20212022202320242025Change
Profit (loss) for the period9904€31,366€38,081€34,377€36,194-€17,371▼ 148%
+ Depreciation and write-downs630€15,187€15,187€14,467€15,633€13,049▼ 16.5%
Operating cash flow (approximation)€46,553€53,268€48,845€51,827-€4,322▼ 108%
Investment in fixed assets (approximation)-€0-€47,500-€7,768€0▲ 100%
Change in cash-€2,933-€25,909€7,799€9,517▲ 22.0%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial Weakest financial yearnet -€17,371
Net result drops to -€17,371, the lowest in the series.
31-12
Financial Liquidity quadruplescurrent ratio 18.24
Current ratio from 4.22 to 18.24; short-term debt falls from €17,990 to €3,104.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Liquidity triplescurrent ratio 4.22
Current ratio from 1.54 to 4.22; short-term debt falls from €25,602 to €17,990.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Highest result since 2018net €38,081 ▲21.4%
Operating result €50,775, net result €38,081, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.23
Current ratio from 0.59 to 1.23; short-term debt falls from €97,088 to €54,834.
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
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
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, Herentals · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
4,030 m²
Building footprint
453 m²
Volume, LiDAR
2,392 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
MARKE
Heikant 100, 2270 HerenthoutFitness centres
since 19922.059.351.273
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13012B0325/00K000 Flanders 2,681 m² 1 · 164 m² 8.8 m · 2 fl.
13302C0320/00V000 Flanders 1,350 m² 1 · 290 m² 10.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. DR. B. DOLFIJN 99%
  2. MARKE

Highest known parent: DR. B. DOLFIJN. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0447167426
Also 9925:BE0447167426
Registered 29-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.