MARKRI
ActiveSummary
MARKRI has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €27k. Equity is growing by ~56.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▲+7
Solvency41▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.02 in 2023; short-term debt: 76.7% and cash: 1.4% of total assets), and 83.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.4%
Return on assets
4.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
55 d early
2021
58 d late
2020
79 d late
2019
80 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€105k▲ 34.6%
2023 · €78k
2018: €7klowest in 7 years
2019: €14k▲ +98.4% vs 2018
2020: €20k▲ +40.6% vs 2019
2021: €38k▲ +90.3% vs 2020
2022: €58k▲ +50.4% vs 2021
2023: €78k▲ +35.5% vs 2022
2024: €105k▲ +34.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€639k▼ 4.8%
2023 · €671k
2018: €873khighest in 7 years
2019: €829k▼ -5.1% vs 2018
2020: €785k▼ -5.2% vs 2019
2021: €741k▼ -5.6% vs 2020
2022: €710k▼ -4.1% vs 2021
2023: €671k▼ -5.6% vs 2022
2024: €639k▼ -4.8% vs 2023lowest in 7 years
2018 → 2024
Net result
€27k▲ 32.0%
2023 · €20k
2018: €3klowest in 7 years
2019: €7k▲ +152% vs 2018
2020: €6k▼ -18.2% vs 2019
2021: €18k▲ +213% vs 2020
2022: €19k▲ +6.2% vs 2021
2023: €20k▲ +6.1% vs 2022
2024: €27k▲ +32.0% vs 2023highest in 7 years
2018 → 2024
Working capital
€-475k▼ 4.2%
2023 · €-456k
2018: €-360khighest in 7 years
2019: €-375k▼ -4.3% vs 2018
2020: €-398k▼ -5.9% vs 2019
2021: €-413k▼ -4.0% vs 2020
2022: €-438k▼ -5.9% vs 2021
2023: €-456k▼ -4.2% vs 2022
2024: €-475k▼ -4.2% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€38k▲ 90.3%€58k▲ 50.4%€78k▲ 35.5%€105k▲ 34.6%
2020: €20klowest in 5 years
2021: €38k▲ +90.3% vs 2020
2022: €58k▲ +50.4% vs 2021
2023: €78k▲ +35.5% vs 2022
2024: €105k▲ +34.6% vs 2023highest in 5 years
Operating result€33k-€48k▲ 45.3%€48k▲ 0.6%€48k=€55k▲ 13.8%
2020: €33klowest in 5 years
2021: €48k▲ +45.3% vs 2020
2022: €48k▲ +0.6% vs 2021
2023: €48k● +0.0% vs 2022
2024: €55k▲ +13.8% vs 2023highest in 5 years
Net result€6k-€18k▲ 213%€19k▲ 6.2%€20k▲ 6.1%€27k▲ 32.0%
2020: €6klowest in 5 years
2021: €18k▲ +213% vs 2020
2022: €19k▲ +6.2% vs 2021
2023: €20k▲ +6.1% vs 2022
2024: €27k▲ +32.0% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €639k
Fixed assets
€625k ▼ 5.4%
Current assets
€14k ▲ 35.1%
Equity and liabilities €639k
Equity
€105k ▲ 34.6%
Debt
€534k ▼ 9.9%
Debt's share of the balance-sheet total falls from 88.4% to 83.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▲
2023 · €88k
Cash flow
€63k▲
2023 · €60k
Current ratio
0.03▲
2023 · 0.02
Debt to equity
5.08▼
2023 · 7.59
ROE
25.7%▼
2023 · 26.2%
ROA
4.2%▲
2023 · 3.1%
Interest coverage
4.92▲
2023 · 4.30
Debt ≤ 1 year
€490k▲
2023 · €467k
Debt > 1 year
€43k▼
2023 · €126k
Income taxes
€9k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€671k€639k▼
Fixed assets21/28€660k€625k▼
Tangible fixed assets22/27€660k€625k▼
Land and buildings22€660k€625k▼
Current assets29/58€10k€14k▲
Amounts receivable within one year40/41€8k€5k▼
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€3k€9k▲
Equity and liabilities
Total equity and liabilities10/49€671k€639k▼
Equity10/15€78k€105k▲
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€478-
Reserves not available under the articles1311€478-
Tax-exempt reserves132€653€653=
Distributable reserves133-€478
Profit (loss) carried forward14€71k€98k▲
Amounts payable17/49€593k€534k▼
Amounts payable after more than one year17€126k€43k▼
Financial debts170/4€126k€43k▼
Amounts payable within one year42/48€467k€490k▲
Current portion of amounts payable after more than one year42€85k€92k▲
Trade debts44€2k€85▼
Suppliers440/4€2k€85▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€378k€397k▲
Accrued charges and deferred income492/3-€780
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€36k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€93k€96k▲
Operating profit (loss)9901€48k€55k▲
Financial charges65/66B€20k€18k▼
Recurring financial charges65€20k€18k▼
Profit (loss) for the period before taxes9903€28k€36k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€20k€27k▲
Profit (loss) for the period to be appropriated9905€20k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€98k▲
Profit (loss) brought forward from the previous period14P€50k€71k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €42k | €41k | €40k | €36k | ▼ 10.8% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €5k | ▲ 6.5% |
| Gross operating margin9900 | €82k | €94k | €93k | €93k | €96k | ▲ 2.9% |
| Operating profit (loss)9901 | €33k | €48k | €48k | €48k | €55k | ▲ 13.8% |
| Recurring financial income75 | €15 | - | - | - | - | - |
| Financial charges65/66B | - | €23k | €22k | €20k | €18k | ▼ 10.3% |
| Recurring financial charges65 | €25k | €23k | €22k | €20k | €18k | ▼ 10.3% |
| Profit (loss) for the period before taxes9903 | €8k | €24k | €26k | €28k | €36k | ▲ 31.7% |
| Income taxes67/77 | €2k | €6k | €7k | €7k | €9k | ▲ 30.9% |
| Profit (loss) for the period9904 | €6k | €18k | €19k | €20k | €27k | ▲ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €6k | €18k | €19k | €20k | €27k | ▲ 32.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €785k | €741k | €710k | €671k | €639k | ▼ 4.8% |
| Fixed assets21/28 | €776k | €734k | €700k | €660k | €625k | ▼ 5.4% |
| Tangible fixed assets22/27 | €776k | €734k | €700k | €660k | €625k | ▼ 5.4% |
| Land and buildings22 | - | €734k | €700k | €660k | €625k | ▼ 5.4% |
| Current assets29/58 | €9k | €7k | €10k | €10k | €14k | ▲ 35.1% |
| Amounts receivable within one year40/41 | €5k | €5k | €4k | €8k | €5k | ▼ 34.0% |
| Other amounts receivable41 | - | €5k | €4k | €8k | €5k | ▼ 34.0% |
| Cash at bank and in hand54/58 | €4k | €2k | €7k | €3k | €9k | ▲ 216% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €785k | €741k | €710k | €671k | €639k | ▼ 4.8% |
| Equity10/15 | €20k | €38k | €58k | €78k | €105k | ▲ 34.6% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | €478 | €478 | €478 | - | - |
| Reserves not available under the articles1311 | - | €478 | €478 | €478 | - | - |
| Tax-exempt reserves132 | - | €653 | €653 | €653 | €653 | = |
| Distributable reserves133 | - | - | - | - | €478 | - |
| Profit (loss) carried forward14 | €13k | €31k | €50k | €71k | €98k | ▲ 38.2% |
| Amounts payable17/49 | €765k | €703k | €653k | €593k | €534k | ▼ 9.9% |
| Amounts payable after more than one year17 | €358k | €282k | €205k | €126k | €43k | ▼ 65.6% |
| Financial debts170/4 | - | €282k | €205k | €126k | €43k | ▼ 65.6% |
| Amounts payable within one year42/48 | €407k | €420k | €448k | €467k | €490k | ▲ 4.9% |
| Current portion of amounts payable after more than one year42 | - | €81k | €85k | €85k | €92k | ▲ 7.7% |
| Trade debts44 | €613 | €410 | €2k | €2k | €85 | ▼ 96.1% |
| Suppliers440/4 | - | €410 | €2k | €2k | €85 | ▼ 96.1% |
| Taxes, remuneration and social security45 | - | €776 | €1k | €2k | €1k | ▼ 37.3% |
| Taxes450/3 | - | €776 | €1k | €2k | €1k | ▼ 37.3% |
| Other amounts payable47/48 | - | €338k | €360k | €378k | €397k | ▲ 5.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €780 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €18k | €19k | €20k | €27k | ▲ 32.0% |
| + Depreciation and write-downs630 | €44k | €42k | €41k | €40k | €36k | ▼ 10.8% |
| Operating cash flow (approximation) | €50k | €60k | €60k | €60k | €63k | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | €0 | €-7k | €0 | €0 | - |
| Change in cash | - | €-2k | €5k | €-4k | €6k | ▲ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €27k ▲32%
Operating result €55k, net result €27k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲34.6%
7 profitable years in a row build equity to €105k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 46 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 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, Hasselt · 1 establishment unit since 2011
Ground area
809 m²
Building footprint
269 m²
Volume, LiDAR
1,293 m³
Parcel 71028B0366/00A002, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MARKRI
since 20112.201.357.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0366/00A002 | Flanders | 809 m² | 1 · 269 m² | 10.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-06-2011
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.