Equity
-€9,282
Debts exceed assets in financial year 2024.
MARKOREL
Lifetime
1 annual account with figurespeak -€3,758 (2024)
-€3,758
lowest -€12,282 (2024)
-€12,282
peak -€9,282 (2024)
-€9,282
€16,050
Board1 name since 2024
1 directorMOUMOU Hind
Documentsfilings and deeds
27-04-2026270 days late
2024micro format
Loss of €12,282Incorporation 20-031 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsDebts
€16,050 237% of the balance sheet
Financial debts 5%Suppliers 29%Taxes and wages 24%Other 43%
Position in the sector
-137.2%
Lower solvency than 92% of companies in retail trade. Sector median 32.2% · 25,554 companies.
2024 accounts filed 270 days after the deadlineTurnover not published (micro format)
Checked score
28
Weak
Financially stronger than 4% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.1% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.8%lowest value
05-2025: 1.8%● unchanged vs 04-2025lowest value
06-2025: 1.9%▲ +0.1 percentage points vs 05-2025
07-2025: 2.2%▲ +0.3 percentage points vs 06-2025
08-2025: 2.3%▲ +0.1 percentage points vs 07-2025
09-2025: 2.6%▲ +0.3 percentage points vs 08-2025
10-2025: 3.2%▲ +0.6 percentage points vs 09-2025
11-2025: 3.2%● unchanged vs 10-2025
12-2025: 3.2%● unchanged vs 11-2025
01-2026: 3.1%▼ -0.1 percentage points vs 12-2025
02-2026: 3.4%▲ +0.3 percentage points vs 01-2026
03-2026: 3.6%▲ +0.2 percentage points vs 02-2026
04-2026: 3.6%● unchanged vs 03-2026
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 9.3%▲ +5.7 percentage points vs 05-2026
07-2026: 9.2%▼ -0.1 percentage points vs 06-2026
08-2026: 9.7%▲ +0.5 percentage points vs 07-2026
09-2026: 10.0%▲ +0.3 percentage points vs 08-2026
10-2026: 11.1%▲ +1.1 percentage points vs 09-2026highest value
11-2026: 11.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 270 days late; 1 of the last 3 accounts late
Founded in 2024
Figures for financial year 2024 (filed on 05-05-2026)
lowers risk
Size: total assets €6,768
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 47, micro). It does better than 6% of them on solvency, 1% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 7,639 companies had the same profile as MARKOREL has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MARKOREL itself: 11.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 7,639 companies, not a prediction for MARKOREL. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.36, below 1. Short-term debt is 237.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2024 accounts filed 270 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-04-2026, 270 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
270 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 270 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007262549
New establishment in Spa
Saveurs Orientales, Route du Tonnelet 23
Incorporation
Founding capital of €3,000, 100 shares · Founder: MOUMOU Hind · Appointment: MOUMOU Hind (director) · published on 20-03-2024 · Gazette deed
First establishment
La friperie de Spa, Rue Dagly 5, Spa
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MARKOREL Spa | €6,768 | -€3,758 | -137.2% | - |
| Menerva Beringen | €10,111 | €2,534 | 85.4% | - |
| Fake Love Swimwear Antwerp | €26,161 | -€9,341 | -747.3% | - |
| Lingerie Mais Oui Zwevegem | €21,108 | -€1,082 | -764.2% | - |
| VENLI Aywaille | €41,634 | -€2,978 | -7.5% | - |
| Livy Belgium Etterbeek | €32,607 | -€6,442 | -300.8% | - |
| Peaches & Cream Westerlo | €1,777 | €3,488 | -1716.7% | - |
These companies have the same main activity as MARKOREL: retail trade (NACE 47714). They are comparable in size and age: total assets between €1,780 and €41,600, founded between 2016 and 2024.
Official details
Source: KBO- Status
- Active since 18-03-2024Normal situation
- Activity
- Retail tradeNACE 47714and 5 others
- Establishment units
- 2.357.555.7024900 Spa, since 18-03-2024
- 2.379.070.5974900 Spa, since 08-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on MARKOREL
The computed 12-month bankruptcy probability of MARKOREL is 11.1% (high). The 2024 annual accounts show negative equity (-€9,282) and a net result of -€12,282.
Its solvency ranks better than 8% of 25,554 sector peers (NACE 47, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 MARKOREL
- What is the company number of MARKOREL?
- The company number of MARKOREL is 1007.262.549. The VAT number is the same number with BE in front: BE 1007.262.549.
- Where is MARKOREL based?
- The registered office is at Rue Dagly 5, 4900 Spa.Company details
- What does MARKOREL do?
- According to the KBO register, the main activity is retail trade (NACE 47714).
- What is the legal form of MARKOREL?
- MARKOREL is a private limited company (BV).
- When was MARKOREL founded?
- MARKOREL was founded on 18-03-2024.
- Is MARKOREL still active?
- Yes, MARKOREL is an active enterprise in the KBO register.
- How many employees does MARKOREL have?
- MARKOREL had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MARKOREL?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
- Is MARKOREL profitable?
- In financial year 2024, MARKOREL made a loss of €12,282.
- Where can I find the annual accounts of MARKOREL?
- MARKOREL filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
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