Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €281,124 falls due within a year.
Higher net result than 91% of companies in real estate. Sector median €5,994 · 17,181 companies.
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 46% of them on solvency, 71% on liquidity, 44% on profitability and 80% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 2,684 companies had the same profile as Markus has now. Each dot stands for 7 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Markus itself is lower: 0.1% within 12 months. It rests on far more data about Markus than the profile alone.
The method was tested on the 497,447 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 2,684 companies, not a prediction for Markus. 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.
Liquidity is ample, with a current ratio of 5.51 (7.29 in 2024), above the usual 1.5. Short-term debt is 17.5% and cash 11.1% of total assets. However, 73.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 19 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Markus Alken | €1.6m | €198,672 | 26.8% | - |
| LVKJ-IMMO Beringen | €1.5m | €166,377 | 20.4% | - |
| Nobel Development Antwerp | €1.7m | €164,903 | -6.3% | - |
| CS-IMMO La Louvière | €1.6m | €175,093 | 20.0% | - |
| SIEMMO Deinze | €1.4m | €176,972 | 37.0% | - |
| STP IMMO Ham-sur-Heure-Nalinnes | €1.8m | €196,885 | 27.4% | - |
| ECO LOGIS INVEST Ans | €1.9m | €200,881 | 53.4% | - |
These companies have the same main activity as Markus: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2020 and 2021.
Markus files the micro format. That format states no turnover. The gross margin rose from €168,770 in 2022 to €198,672 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €360,000. Estimated: probably between €270,000 and €660,000.
Higher than 48% of 17,190 companies in 2025.
Higher than 86% of 16,487 companies in 2025.
Higher than 68% of 16,866 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
1.6m | 1.7m | 1.7m | 921,306 | |
21/28 |
60,000 | 60,000 | 102,030 | 68,953 | |
22/27 |
- | 0 | 30 | 396 | |
24 |
- | 0 | 30 | 396 | |
28 |
60,000 | 60,000 | 102,000 | 68,557 | |
29/58 |
1.5m | 1.6m | 1.6m | 852,353 | |
3 |
1.3m | 1.4m | 1.2m | 654,867 | |
30/36 |
1.3m | 1.4m | 1.2m | 654,867 | |
40/41 |
47,594 | 2,499 | 257,989 | 29,832 | |
40 |
47,594 | 2,499 | 254,978 | 28,698 | |
41 |
- | 0 | 3,011 | 1,134 | |
50/53 |
- | 0 | 50,000 | - | |
54/58 |
179,242 | 186,070 | 38,240 | 166,816 | |
490/1 |
- | - | 0 | 838 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
1.6m | 1.7m | 1.7m | 921,306 | |
10/15 |
430,979 | 329,730 | 233,863 | 128,176 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | |
13 |
410,979 | 309,730 | 213,863 | 108,176 | |
133 |
410,979 | 309,730 | 213,863 | 108,176 | |
17/49 |
1.2m | 1.3m | 1.5m | 793,130 | |
17 |
897,000 | 1.1m | 1.1m | 681,482 | |
170/4 |
897,000 | 1.1m | 1.1m | 681,482 | |
42/48 |
281,124 | 220,863 | 335,756 | 111,648 | |
44 |
1,473 | 1,222 | 238 | 33,373 | |
440/4 |
1,473 | 1,222 | 238 | 33,373 | |
46 |
0 | 20,968 | - | - | |
45 |
31,443 | 26,772 | 52,759 | 29,868 | |
450/3 |
31,443 | 26,772 | 52,759 | 29,868 | |
47/48 |
248,208 | 171,900 | 282,758 | 48,407 | |
492/3 |
800 | 800 | - | - | |
| Income statement | |||||
9900 |
198,672 | 210,770 | 182,248 | 168,770 | |
630 |
0 | 30 | 366 | 702 | |
640/8 |
1,936 | 1,840 | 12,425 | 788 | |
9901 |
196,736 | 208,900 | 169,457 | 167,280 | |
75/76B |
1 | 493 | 541 | 6,421 | |
75 |
1 | 493 | 541 | 6,421 | |
65/66B |
64,719 | 85,051 | 35,078 | 35,657 | |
65 |
64,719 | 85,051 | 35,078 | 35,657 | |
9903 |
132,018 | 124,342 | 134,920 | 138,044 | |
67/77 |
30,769 | 28,475 | 29,233 | 29,868 | |
9904 |
101,249 | 95,867 | 105,687 | 108,176 | |
9905 |
101,249 | 95,867 | 105,687 | 108,176 | |
| Appropriation of the result | |||||
9906 |
101,249 | 95,867 | 105,687 | 108,176 | |
691/2 |
101,249 | 95,867 | 105,687 | 108,176 | |
6920 |
- | - | 0 | 108,176 | |
6921 |
101,249 | 95,867 | 105,687 | - | |
| Document | |||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-04-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 196,736 | 208,930 | 169,822 | 167,982 | ||
| 101,249 | 95,897 | 106,053 | 108,878 | ||
| 0 | -42,000 | 60,000 | 69,654 | ||
| -6,828 | 147,830 | -128,576 | - | ||
| 1.3m | 1.4m | 1.3m | 740,705 | ||
| 26.8% | 19.7% | 13.9% | 13.9% | ||
| 5.51 | 7.29 | 4.72 | 7.63 | ||
| 0.81 | 0.85 | 1.03 | 1.77 | ||
| 2.74 | 4.06 | 6.22 | 6.19 | ||
| 23.5% | 29.1% | 45.2% | 84.4% | ||
| 6.3% | 5.7% | 6.3% | 11.7% | ||
| 3.04 | 2.46 | 4.84 | 4.71 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,098 |
| Financial fixed assets | - | - | €60,000 | €68,557 |
| €0 | €30 | €366 | €702 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 6% lower than in 2024.
Debt's share of the balance-sheet total falls from 80.3% to 73.2%. Equity is higher and debt is lower.
Markus has no parent and no holdings in its annual accounts.
| CCL INVEST
registered office since 01-03-2018 · founded in 2018 |
total assets €2.2m (2025) 0691.639.197 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kruisstraat 66 registered office 3570 Alken | 26-10-2020 | 2.309.053.029 |
| 29-05-2026 | Granted | Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 16-12-2025 · project 2025148885 | Tongeren-Borgloon |
| 13-05-2024 | Granted | Bouwen of herbouwen; Slopen of verwijderen submitted 08-06-2023 · project 2023076174 | Bilzen-Hoeselt |
| 22-04-2024 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 14-07-2023 · project 2023096938 | Bilzen-Hoeselt |
| 13-02-2024 | Granted | Bouwen of herbouwen submitted 18-01-2024 · project 2023170576 | Lummen |
| 18-08-2023 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies submitted 22-06-2023 · project 2023085383 | Tongeren-Borgloon |
| 08-03-2022 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 22-12-2021 · project 2021194549 | Bilzen-Hoeselt |
| 04-03-2022 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies submitted 24-12-2021 · project 2021190795 | Tongeren-Borgloon |
| 06-07-2021 | Granted | Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen submitted 31-03-2021 · project 2021048514 | Lummen |
| 10-06-2021 | Granted | Bouwen of herbouwen submitted 25-03-2021 · project 2021049593 | Hasselt |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73001H0327/00F000 | 1,316 m² | 1 · 188 m² | 11.2 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0757.466.565
If something looks wrong or is missing, please tell us.