Skip to content

MARKTECHNICAL

Active
Private limited companyfounded 1988active for 38 yearsBoxtelstraat 11, 2320 Hoogstraten, BelgiumKBO/BCE: BE 0433.176.363
Summary

MARKTECHNICAL has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,400 and a net result of €9,354. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 95% of 13,639 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431
1 site
Size
€55,672total assets 2025
Equity
€54,400
Profit
€9,354
Turnover not published (abbreviated or micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts 25 days early1 of 2 deeds summarised
Why 94raises riskSize: total assets €55,672lowers riskFounded in 1988Figures for financial year 2025 (filed 06-07-2026)Equity €54,400 (97.7% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 97.7% of total assets
Liquidity 56-2
short-term debt 2.3% · cash 5.0%
Profitability 80-20
return on assets 16.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 43.79, compared with 37.35 in 2024, above the usual 1.5; short-term debt: 2.3% and cash: 5% of total assets), and 2.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 90% on solvency, 62% on liquidity, 72% on profitability and 76% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €55,672
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 06-07-2026)
NBB · annual accounts
lowers risk · Equity €54,400 (97.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
51 days early
2023
54 days early
2022
41 days early
2021
46 days early
2020
31 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2025net €13,687 ▲135%

Financials · financial year 2025, micro format

Equity
€54,400▲ 20.8%
2024 · €45,046
Total assets
€55,672▲ 20.3%
2024 · €46,285
Net result
€9,354▼ 31.7%
2024 · €13,687
Working capital
€54,400▲ 20.8%
2024 · €45,046
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 31% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€9,517 2025 Net result€9,354 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€5,098-€10,149▲ 99.1%-€1,907€4,233€9,527▲ 125%€5,968▼ 37.4%€13,842▲ 132%€9,517▼ 31.2%
Net result€4,996-€9,939▲ 98.9%-€2,029below the sector's middle half€4,442below the sector's middle half€9,379within the sector's middle half▲ 111%€5,833within the sector's middle half▼ 37.8%€13,687within the sector's middle half▲ 135%€9,354within the sector's middle half▼ 31.7%
Equity€3,794-€13,733▲ 262%€11,704below the sector's middle half▼ 14.8%€16,146below the sector's middle half▲ 38.0%€25,525below the sector's middle half▲ 58.1%€31,359within the sector's middle half▲ 22.9%€45,046within the sector's middle half▲ 43.6%€54,400within the sector's middle half▲ 20.8%
Total assets€6,848-€14,689▲ 114%€12,215below the sector's middle half▼ 16.8%€16,772below the sector's middle half▲ 37.3%€26,402below the sector's middle half▲ 57.4%€32,226below the sector's middle half▲ 22.1%€46,285below the sector's middle half▲ 43.6%€55,672below the sector's middle half▲ 20.3%
Debt€3,054-€956▼ 68.7%€511▼ 46.6%€626▲ 22.5%€877▲ 40.2%€867▼ 1.1%€1,239▲ 42.9%€1,271▲ 2.6%
Working capital€3,794-€13,733▲ 262%€11,704below the sector's middle half▼ 14.8%€16,146below the sector's middle half▲ 38.0%€25,525below the sector's middle half▲ 58.1%€31,359within the sector's middle half▲ 22.9%€45,046within the sector's middle half▲ 43.6%€54,400within the sector's middle half▲ 20.8%
Solvency55.4%-93.5%▲ 38.1pp95.8%above the sector's middle half▲ 2.3pp96.3%above the sector's middle half▲ 0.4pp96.7%above the sector's middle half▲ 0.4pp97.3%above the sector's middle half▲ 0.6pp97.3%above the sector's middle half=97.7%above the sector's middle half▲ 0.4pp
Current ratio2.24-15.36▲ 13.1223.92above the sector's middle half▲ 8.5626.81above the sector's middle half▲ 2.8830.11above the sector's middle half▲ 3.3037.17above the sector's middle half▲ 7.0737.35above the sector's middle half▲ 0.1843.79above the sector's middle half▲ 6.44
Return on assets (ROA)73.0%-67.7%▼ 5.3pp-16.6%below the sector's middle half▼ 84.3pp26.5%above the sector's middle half▲ 43.1pp35.5%above the sector's middle half▲ 9.0pp18.1%above the sector's middle half▼ 17.4pp29.6%above the sector's middle half▲ 11.5pp16.8%above the sector's middle half▼ 12.8pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €55,672
Equity €54,400 ▲ 20.8%
Debt €1,271 ▲ 2.6%
Debt's share of the balance-sheet total falls from 2.7% to 2.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.02▼
2024 · 0.03
ROE
17.2%▼
2024 · 30.4%
Debt ≤ 1 year
€1,271▲
2024 · €1,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€46,285€55,672▲
Current assets29/58€46,285€55,672▲
Amounts receivable within one year40/41€43,352€52,902▲
Other amounts receivable41€43,352€52,902▲
Cash at bank and in hand54/58€2,933€2,770▼
Equity and liabilities
Total equity and liabilities10/49€46,285€55,672▲
Equity10/15€45,046€54,400▲
Contributions10/11€6,205€6,205=
Reserves13€38,841€48,195▲
Distributable reserves133€38,841€48,195▲
Amounts payable17/49€1,239€1,271▲
Amounts payable within one year42/48€1,239€1,271▲
Trade debts44€1,025€1,271▲
Suppliers440/4€1,025€1,271▲
Taxes, remuneration and social security45€214€0▼
Taxes450/3€214€0▼
Income statement Code20242025
Other operating charges640/8€535€194▼
Gross operating margin9900€14,377€9,712▼
Operating profit (loss)9901€13,842€9,517▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€154€163▲
Recurring financial charges65€154€163▲
Profit (loss) for the period before taxes9903€13,687€9,354▼
Profit (loss) for the period9904€13,687€9,354▼
Profit (loss) for the period to be appropriated9905€13,687€9,354▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,687€9,354▼
Transfer to equity691/2€13,687€9,354▼
To other reserves6921€13,687€9,354▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€174€178€825€535€194▼ 63.7%
Gross operating margin9900€5,444€10,319-€1,483€4,407€9,705€6,793€14,377€9,712▼ 32.4%
Operating profit (loss)9901€5,098€10,149-€1,907€4,233€9,527€5,968€13,842€9,517▼ 31.2%
Financial income75/76B---€344€0€0€0€0-
Recurring financial income75---€344€0€0€0€0-
Financial charges65/66B---€135€148€135€154€163▲ 5.8%
Recurring financial charges65€102€210€121€135€148€135€154€163▲ 5.8%
Profit (loss) for the period before taxes9903€4,996€9,939-€2,029€4,442€9,379€5,833€13,687€9,354▼ 31.7%
Profit (loss) for the period9904€4,996€9,939-€2,029€4,442€9,379€5,833€13,687€9,354▼ 31.7%
Profit (loss) for the period to be appropriated9905€4,996€9,939-€2,029€4,442€9,379€5,833€13,687€9,354▼ 31.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€6,848€14,689€12,215€16,772€26,402€32,226€46,285€55,672▲ 20.3%
Current assets29/58€6,848€14,689€12,215€16,772€26,402€32,226€46,285€55,672▲ 20.3%
Amounts receivable within one year40/41€5,223€13,399€11,327€14,874€24,289€30,247€43,352€52,902▲ 22.0%
Other amounts receivable41---€14,874€24,289€30,247€43,352€52,902▲ 22.0%
Cash at bank and in hand54/58€1,358€801€888€1,898€2,114€1,979€2,933€2,770▼ 5.6%
Equity and liabilities
Total equity and liabilities10/49€6,848€14,689€12,215€16,772€26,402€32,226€46,285€55,672▲ 20.3%
Equity10/15€3,794€13,733€11,704€16,146€25,525€31,359€45,046€54,400▲ 20.8%
Contributions10/11€6,205€6,205-€6,205€6,205€6,205€6,205€6,205=
Reserves13€7,557€7,557€7,557€7,557€19,320€25,153€38,841€48,195▲ 24.1%
Non-distributable reserves130/1---€1,859€1,859€0---
Reserves not available under the articles1311---€1,859€1,859€0---
Distributable reserves133---€5,698€17,461€25,153€38,841€48,195▲ 24.1%
Profit (loss) carried forward14-€9,968-€30-€2,058€2,384€0----
Amounts payable17/49€3,054€956€511€626€877€867€1,239€1,271▲ 2.6%
Amounts payable within one year42/48€3,054€956€511€626€877€867€1,239€1,271▲ 2.6%
Trade debts44€3,054€956€258€626€877€867€1,025€1,271▲ 24.0%
Suppliers440/4---€626€877€867€1,025€1,271▲ 24.0%
Taxes, remuneration and social security45---€0--€214€0▼ 100%
Taxes450/3---€0--€214€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€4,996€9,939-€2,029€4,442€9,379€5,833€13,687€9,354▼ 31.7%
Operating cash flow (approximation)€4,996€9,939-€2,029€4,442€9,379€5,833€13,687€9,354▼ 31.7%
Change in cash--€557€87€1,010€216-€135€954-€163-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 38 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 06-07-2026 2026-00256654
31-12-2024 micro format 10-06-2025 2025-00129205
31-12-2023 micro format 07-06-2024 2024-00115683
31-12-2022 abbreviated format 20-06-2023 2023-00140282
31-12-2021 abbreviated format 15-06-2022 2022-20064517
31-12-2020 abbreviated format 30-06-2021 2021-27500566
31-12-2019 abbreviated format 29-05-2020 2020-13600116
31-12-2018 abbreviated format 17-12-2019 2019-76300297
31-12-2017 abbreviated format 02-10-2018 2018-68100128
31-12-2016 abbreviated format 21-12-2017 2017-72800194

Show all 38 filings

Similar companies · same sector, comparable size

Of the 964 active companies whose main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431), figures are known for 705. 423 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 22 January 1988, MARKTECHNICAL was incorporated.1 Total assets went from €6,848 in 2018 to €55,672 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
10-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2018 to 2025net €13,687 ▲135%
Operating result €13,842, net result €13,687, both a record.
07-06
NBB filing Annual accounts filed
financial year 2023 · micro format
22-01
Gazette deed Capital & shares · Purpose · Amendment of the articles · Legal-form change · Resignations & appointments
Capital conversion · Reserve release · Purpose change13 facts ▸
  • General meeting, 19-12-2023
  • Other provision, “aanpassing statuten en behoud rechtsvorm, behoud rechtsvorm besloten vennootschap” (deed in Dutch)
  • Capital conversion, 8064.52, 12394.68
  • Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing artikel 39, §2, derde lid wet 23-03-2019” (deed in Dutch)
  • Other provision, “vrijstelling voorlezing verslag bestuursorgaan, uitbreiding voorwerp met omstandige verantwoording” (deed in Dutch)
  • Purpose change
  • Amendment of the articles
  • Other provision, “Inbrengen, gelijk recht in winstverdeling” (deed in Dutch)
  • Power of attorney, Nicolas Ide
  • Board composition, JONK Hugo (director)
  • Board composition, JONK Sandra (director)
  • Registered office clause, “2320 Hoogstraten, Boxtelstraat 11” (deed in Dutch)
  • +1 further fact in this act
2023
20-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
15-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Back to profitnet €4,442
Net result €4,442 after one loss-making year.
30-06
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial Weakest financial yearnet -€2,029
Net result drops to -€2,029, the lowest in the series; recovery starts the following year.
29-05
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial Liquidity more than 6 timescurrent ratio 15.36
Current ratio from 2.24 to 15.36; short-term debt falls from €3,054 to €956.
Show earlier events
17-12
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 139 days late
2018
02-10
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 63 days late
2017
21-12
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 143 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 38 annual accounts filed, the latest 10 are here; all 38 are under Financials.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded22-01-1988
Financial year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0433176363
Also 9925:BE0433176363
Registered 15-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 1988
registered office establishment The establishment unit on the map
Ground area
867 m²
Building footprint
146 m²
Building volume
627 m³
Parcel 13014B0307/00T000, Flanders · tallest building 6.7 m. Linked by address, not a title deed.
1 establishment unit
BVBA MARKTECHNICAL
Boxtelstraat 11, 2320 HoogstratenWholesale of electrical household appliances and audio-video equipment
since 1988unit no. 2.036.398.303
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13014B0307/00T000 Flanders 867 m² 1 · 146 m² 6.7 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MARKTECHNICAL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 22-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het dagelijks bestuur…”
Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, 1” (deed in Dutch)

deed of 22-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of April at 14:00

deed of 22-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Handelingen dagelijks leven en minder belang of spoedeisend, Dagelijks bestuur” (deed in Dutch)
1 more provision in the deed, see the deed of 22-01-2024

deed of 22-01-2024