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MARKT 28

Active
Private limited company (pre-2019)founded 200917 yrs activeGrote Markt 28, 2000 Antwerpen, BelgiumKBO/BCE: BE 0809.291.784

MARKT 28 has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €212k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 2924 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
76 / 100
Excellent▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency26▼-20
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.37 in 2023), and 83.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 17 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
33 d early
2022
35 d early
2021
11 d late
2020
25 d early
2019
22 d early
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€103k▲ 13.0%
2023 · €91k
2018: €85k 2019: €73k 2020: €73k 2021: €84k 2022: €90k 2023: €91k
2018 → 2024
Total assets
€605k▲ 66.8%
2023 · €363k
2018: €142k 2019: €142k 2020: €142k 2021: €189k 2022: €344k 2023: €363k
2018 → 2024
Net result
€212k▲ 317%
2023 · €51k
2018: €43k 2019: €12k 2020: €12k 2021: €67k 2022: €84k 2023: €51k
2018 → 2024
Working capital
€61k▲ 1.7%
2023 · €60k
2018: €26k 2019: €24k 2020: €24k 2021: €53k 2022: €78k 2023: €60k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€73k-€84k▲ 15.1%€90k▲ 7.2%€91k▲ 0.8%€103k▲ 13.0%
Operating result€24k-€83k▲ 251%€122k▲ 46.6%€83k▼ 31.6%€305k▲ 266%
Net result€12k-€67k▲ 471%€84k▲ 24.5%€51k▼ 39.5%€212k▲ 317%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €24k€24kNet result 2020: €12k€12kOperating result 2021: €83k€83kNet result 2021: €67k€67kOperating result 2022: €122k€122kNet result 2022: €84k€84kOperating result 2023: €83k€83kNet result 2023: €51k€51kOperating result 2024: €305k€305kNet result 2024: €212k€212k20202021202220232024
The operating result recovers in 2024; 2024 is 266% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €605k
Fixed assets €144k▲ 4.1%
Current assets €460k▲ 106%
Equity and liabilities €605k
Equity €103k▲ 13.0%
Debt €502k▲ 84.8%
The debt ratio rises from 75.0% to 83.1%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€331k
2023 · €103k
Cash flow
€238k
2023 · €70k
Solvency
16.9%
2023 · 25.0%
Current ratio
1.15
2023 · 1.37
Quick ratio
1.13
2023 · 1.32
Debt / equity
4.90
2023 · 2.99
ROE
206.6%
2023 · 55.9%
ROA
35.0%
2023 · 14.0%
Interest coverage
16.28
2023 · 7.34
Debt
€502k
2023 · €272k
Debt ≤ 1 year
€399k
2023 · €164k
Debt > 1 year
€102k
2023 · €108k
Income taxes
€76k
2023 · €22k
Staff costs
€292k
2023 · €225k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€363k€605k
Fixed assets21/28€139k€144k
Tangible fixed assets22/27€60k€66k
Plant, machinery and equipment23€23k€25k
Furniture and vehicles24€34k€37k
Other tangible fixed assets26€3k€5k
Financial fixed assets28€79k€79k=
Current assets29/58€224k€460k
Stocks and contracts in progress3€8k€9k
Stocks30/36€8k€9k
Amounts receivable within one year40/41€141k€344k
Trade receivables40€53k€182k
Other amounts receivable41€88k€162k
Cash at bank and in hand54/58€51k€75k
Deferred charges and accrued income490/1€24k€33k
Equity and liabilities
Total equity and liabilities10/49€363k€605k
Equity10/15€91k€103k
Contributions10/11€20k€20k=
Reserves13€71k€83k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€56k€68k
Amounts payable17/49€272k€502k
Amounts payable after more than one year17€108k€102k
Financial debts170/4€108k€102k
Amounts payable within one year42/48€164k€399k
Current portion of amounts payable after more than one year42€6k€6k
Financial debts43€14k-
Credit institutions430/8€14k-
Trade debts44€67k€63k
Suppliers440/4€67k€63k
Taxes, remuneration and social security45€28k€65k
Taxes450/3€9k€36k
Remuneration and social security454/9€19k€29k
Other amounts payable47/48€50k€266k
Accrued charges and deferred income492/3€193€1k
Income statement Code20232024
Remuneration, social security and pensions62€225k€292k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€2k
Other operating charges640/8€7k€7k
Gross operating margin9900€336k€632k
Operating profit (loss)9901€83k€305k
Financial income75/76B€4k€3k
Recurring financial income75€4k€3k
Financial charges65/66B€14k€20k
Recurring financial charges65€14k€20k
Profit (loss) for the period before taxes9903€73k€288k
Income taxes67/77€22k€76k
Profit (loss) for the period9904€51k€212k
Profit (loss) for the period to be appropriated9905€51k€212k
Appropriation of the result
Profit (loss) to be appropriated9906€51k€212k
Transfer to equity691/2€751€12k
To other reserves6921€751€12k
Profit to be distributed694/7€50k€200k
Return on contributions (dividend)694€50k€200k
Social balance
Average headcount (FTE)90876.57.6

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €212k ▲317%
Operating result €305k, net result €212k, both a record.
31-12
Financial Equity above €100kEq €103k ▲13%
7 profitable years in a row build equity to €103k.
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Antwerpen · 1 establishment unit since 2009
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Grote Markt 282000 Antwerpen
Ground area
79 m²
Building footprint
66 m²
Volume, LiDAR
826 m³
Parcel 11002A1346/00_000, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Meat Factory
Grote Markt 28, 2000 AntwerpenFood and beverage service activities
since 20092.175.981.994
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11002A1346/00_000
ProtectedMonumentDe BalansSource ↗
Flanders 79 m² 1 · 66 m² 16.8 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 20,234 companies in sector 56111 we hold annual accounts for 11,309. 9,428 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-2009
Fiscal year end31-12
Abbreviation NL Meat Factory
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.