Equity
€1.4m ▼ 0.4%
MARKER paid out €111,000 in dividends. That is 105% of the 2025 profit.
MARKER
Lifetime
17 annual accounts with figures on one time axis, 40 filings since 1985peak €2.2m (2023)
€2.0m▼ 3.8%
lowest -€44,618 (2012)
€105,684▼ 46.1%
peak €1.4m (2024)
€1.4m▼ 0.4%
€4.1m▼ 7.4%
peak 29.7 FTE (2025)
29.7 FTE▲ 10.4%
Board2 names since 2018
2 directorsSTONEBOX INVEST and 1 other
Owners2 names in the annual accounts
50%QL Invest
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Result from €195,962 to €105,684Staff from 26.9 FTE to 29.7 FTEDividend €111,000
Key points
from the 2025 annual accountsResult
€105,684 ▼ 46.1%
The result fell in 2025 from €195,962 to €105,684.
Debts
€4.1m 75% of the balance sheet
Financial debts 68%Suppliers 12%Taxes and wages 10%Other 10%
Of this, €1.4m falls due within a year.
Investments
€206 0.0 × depreciation
Green is investment, beige is depreciation.
Staff
33 employees on 30-09-2025
In 2025, 10 people joined and 7 left.
Position in the sector
€1.4m
More equity than 88% of companies in advertising and market research. Sector median €164,018 · 2,097 companies.
Checked score
80
Excellent
Financially stronger than 39% of small companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.7%▲ +0.1 percentage points vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.8%▲ +0.1 percentage points vs 02-2025
04-2025: 1.9%▲ +0.1 percentage points vs 03-2025
05-2025: 2.7%▲ +0.8 percentage points vs 04-2025
06-2025: 3.5%▲ +0.8 percentage points vs 05-2025highest value
07-2025: 2.4%▼ -1.1 percentage points vs 06-2025
08-2025: 2.4%● unchanged vs 07-2025
09-2025: 2.4%● unchanged vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.4%● unchanged vs 10-2025
12-2025: 2.5%▲ +0.1 percentage points vs 11-2025
01-2026: 2.6%▲ +0.1 percentage points vs 12-2025
02-2026: 2.6%● unchanged vs 01-2026
03-2026: 2.7%▲ +0.1 percentage points vs 02-2026
04-2026: 3.2%▲ +0.5 percentage points vs 03-2026
05-2026: 0.9%▼ -2.3 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.5%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.85, cash €88,392
Size: 29.7 FTE, total assets €5.4m
Equity €1.4m (24.9% of total assets)
lowers risk
Founded in 1984
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small). It does better than 30% of them on solvency, 34% on liquidity, 59% on profitability and 32% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as MARKER has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of MARKER itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for MARKER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85 (0.89 in 2024), below 1. Short-term debt is 26.2% and cash 1.6% of total assets. 75.1% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 days late
2023
on the day
2022
129 days early
2021
1 day early
2019
143 days early
2018
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- QL Invest 50%equity €566,269 (2025) · 2025 annual accounts of QL Invest
- STONEBOX INVEST 50%equity €291,602 (2025) · 2024 annual accounts of STONEBOX INVEST
Recent changes
New establishment in Ypres
MARKER BV, Oostkaai 40
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0426549976
Permanent representative: FrederickVansteenkiste
Board meeting of 18-04-2024 · Gazette deed
Registered office moved within Roeselare
New registered office: Krommebeekstraat 20, 8800 Roeselare · Previous registered office: Liebeekstraat 14, 8800 Roeselare · Permanent representative: Frederick Vansteenkiste · Board meeting of 05-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARKER Roeselare | €5.4m | €2.0m | 24.9% | 29.7 |
| DDB Zaventem | €5.8m | €1.9m | 4.5% | 24.6 |
| Multiple Sclerose Liga Vlaanderen vzw Pelt | €4.4m | €1.7m | 89.5% | 20.1 |
| SAYCOM Manage | €6.9m | €3.4m | 24.0% | 36 |
| Brugge Plus Bruges | €4.6m | €3.7m | 44.5% | 41.1 |
| INPRESS Laakdal | €6.1m | €3.5m | 29.5% | 46.5 |
| MaLou-Invest Evergem | €9.4m | €3.6m | 40.4% | 36.5 |
These companies have the same main activity as MARKER: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €4.4m and €9.4m, founded between 1972 and 1998.
Official details
Source: KBO- Status
- Active since 27-12-1984Normal situation
- Activity
- Advertising agenciesNACE 73110and 2 others
- Joint committees
- 124Construction
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
- Establishment units
- 2.026.157.6758800 Roeselare, since 01-01-1985
- 2.387.291.2498900 Ypres, since 01-04-2026
- Financial year end
- 30 September
- Peppol
- Reachable since 22-01-2026
Annual accounts to 30-09-2025
- ≈ €3.4mestimated
- €5.4m▼ 5.8%
- Employeeson 30-09-2025
- 33▲ 10.0%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on MARKER
MARKER files the abbreviated format. That format states no turnover. The gross margin rose from €380,630 in 2008 to €2.0m in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MARKER
- What is the company number of MARKER?
- The company number of MARKER is 0426.549.976. The VAT number is the same number with BE in front: BE 0426.549.976.
- Where is MARKER based?
- The registered office is at Krommebeekpark 20, 8800 Roeselare.Company details
- What does MARKER do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of MARKER?
- MARKER is a private limited company (BV).
- When was MARKER founded?
- MARKER was founded on 27-12-1984.
- Is MARKER still active?
- Yes, MARKER is an active enterprise in the KBO register.
- How many employees does MARKER have?
- MARKER had an average of 29.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MARKER fall under?
- In its 30-09-2025 annual accounts, MARKER states joint committees 124 (Construction), 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MARKER?
- The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €2.0m and 1,585 comparable companies of the same size. It probably lies between €2.3m and €5.6m. It is a rough estimate.
- Is MARKER profitable?
- In financial year 2025, MARKER made a profit of €105,684.
- Where can I find the annual accounts of MARKER?
- MARKER filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MARKER due?
- MARKER must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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