MARKRI
The computed 12-month bankruptcy probability of MARKRI is 2.6% (moderate). The 2024 annual accounts show equity of €9k and a net result of €-9k. Equity is shrinking by ~27.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 50% of 18938 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €9k |
| Net result | €-9k |
| Better than sector | 50% |
| Active | 11 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 29.4% | 29.1% | |
| Net result | €-9k | €5k | |
| Equity | €9k | €27k | |
| Gross operating margin | €58k | €60k | |
| Staff costs | €60k | €55k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-3k | €942 | €4k | €18k |
| Net profit | €-9k | €-6k | €-3k | €12k |
| Cash flow | €-6k | €-2k | €847 | €15k |
| Staff costs | €60k | €64k | €45k | €21k |
| Income taxes | - | - | - | €1k |
| Dividends | - | - | - | - |
| Total assets | €31k | €46k | €43k | €58k |
| Equity | €9k | €18k | €24k | €27k |
| Debt | €22k | €28k | €18k | €32k |
| of which ≤ 1y | €22k | €28k | €18k | €10k |
| of which > 1y | - | - | - | €22k |
| Working capital | €6k | €12k | €16k | €36k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.28 | 1.44 | 1.87 | 4.80 |
| Quick ratio | 1.07 | 1.22 | 1.59 | 4.58 |
| Working capital ratio | 19.8% | 26.2% | 37.7% | 62.1% |
| Solvency | 29.4% | 40.1% | 56.6% | 45.9% |
| Debt / equity | 2.40 | 1.49 | 0.77 | 1.18 |
| Long-term debt ratio | - | - | - | 0.82 |
| Interest coverage | -0.73 | 0.33 | 1.31 | 10.05 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -30.5% | -12.3% | -6.3% | 20.0% |
| ROE | -103.7% | -30.7% | -11.1% | 43.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €31k | €46k | €43k | €58k |
| Fixed assets | 21/28 | €3k | €6k | €8k | €13k |
| Intangible fixed assets | 21 | €2k | €5k | €8k | €11k |
| Tangible fixed assets | 22/27 | €1k | €2k | €520 | €1k |
| Financial fixed assets | 28 | - | - | - | €1k |
| Current assets | 29/58 | €28k | €40k | €35k | €46k |
| Stocks & contracts in progress | 3 | €5k | €6k | €5k | €2k |
| Amounts receivable within one year | 40/41 | €9k | €18k | €10k | €3k |
| Cash & bank | 54/58 | €14k | €14k | €19k | €40k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €31k | €46k | €43k | €58k |
| Equity | 10/15 | €9k | €18k | €24k | €27k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €12k | €12k | €12k | €12k |
| Accumulated profits (losses) | 14 | €-9k | €363 | €6k | €9k |
| Amounts payable | 17/49 | €22k | €28k | €18k | €32k |
| Amounts payable after one year | 17 | - | - | - | €22k |
| Amounts payable within one year | 42/48 | €22k | €28k | €18k | €10k |
| Trade debts payable within one year | 44 | €5k | €6k | €4k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €58k | €66k | €49k | €40k |
| Operating result | 9901 | €-6k | €-3k | €4 | €15k |
| Financial income | 75 | €76 | €83 | €17 | €41 |
| Financial charges | 65 | €3k | €3k | €3k | €2k |
| Result before taxes | 9903 | €-9k | €-6k | €-3k | €13k |
| Income taxes | 67/77 | - | - | - | €1k |
| Net result for the period | 9904 | €-9k | €-6k | €-3k | €12k |
| Result to be appropriated | 9905 | €-9k | €-6k | €-3k | €12k |
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 20-07-2015 |
| Status | Active |
| Postal code | 2018 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1275/00R000 | Flanders | 87 m² | 1 · 87 m² | 17.9 m · 4 fl. |
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.
| Legal nameNL | MARKRI |