Marnik Deceuninck
ActiveMarnik Deceuninck has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+33
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 11282 sector peers (2025).
NBB · sector comparisonPosition among 11282 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
41 d early
2022
6 d early
2021
2 d late
2020
10 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k
2024 · €-19k
2019: €-36k
2021: €-39k
2022: €2k
2023: €-9k
2024: €-19k
2019 → 2025
Total assets
€41k▼ 14.0%
2024 · €48k
2019: €269k
2021: €321k
2022: €414k
2023: €131k
2024: €48k
2019 → 2025
Net result
€23k
2024 · €-10k
2019: €2k
2021: €-6k
2022: €41k
2023: €-11k
2024: €-10k
2019 → 2025
Working capital
€-2k▲ 91.8%
2024 · €-20k
2019: €-37k
2021: €-39k
2022: €2k
2023: €-9k
2024: €-20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€2k€-9k€-19k▼ 111%€3k
Operating result€-6k-€38k€-10k€-7k▲ 28.8%€23k
Net result€-6k-€41k€-11k€-10k▲ 9.1%€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €23k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€5k▲ 5,107%
Current assets
€36k▼ 24.4%
Equity and liabilities €41k
Equity
€3k
Debt
€38k
Debt finances 91.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€24k▲
2024 · €-7k
Cash flow
€24k▲
2024 · €-10k
Solvency
8.4%▲
2024 · -40.6%
Current ratio
0.96▲
2024 · 0.71
Quick ratio
0.96▲
2024 · 0.71
Debt / equity
10.93▲
2024 · -3.46
ROE
663.3%
ROA
55.6%▲
2024 · -21.4%
Interest coverage
4813.46▲
2024 · -2.23
Debt
€38k▼
2024 · €67k
Debt ≤ 1 year
€38k▼
2024 · €67k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€41k▼
Fixed assets21/28€97€5k▲
Tangible fixed assets22/27€97€5k▲
Furniture and vehicles24€97€5k▲
Current assets29/58€48k€36k▼
Amounts receivable after more than one year29€20k€15k▼
Trade receivables290€20k€15k▼
Amounts receivable within one year40/41€28k€16k▼
Trade receivables40€18k€16k▼
Other amounts receivable41€10k€79▼
Cash at bank and in hand54/58€18€5k▲
Equity and liabilities
Total equity and liabilities10/49€48k€41k▼
Equity10/15€-19k€3k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-40k€-17k▲
Amounts payable17/49€67k€38k▼
Amounts payable within one year42/48€67k€38k▼
Trade debts44€1k€225▼
Suppliers440/4€1k€225▼
Taxes, remuneration and social security45€826€814▼
Taxes450/3€826€814▼
Other amounts payable47/48€65k€37k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€291€1k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€19k€-9k▼
Other operating charges640/8€763€676▼
Gross operating margin9900€12k€16k▲
Operating profit (loss)9901€-7k€23k▲
Financial income75/76B€414€17▼
Recurring financial income75€414€17▼
Financial charges65/66B€3k€5▼
Recurring financial charges65€3k€5▼
Profit (loss) for the period before taxes9903€-10k€23k▲
Profit (loss) for the period9904€-10k€23k▲
Profit (loss) for the period to be appropriated9905€-10k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-17k▲
Profit (loss) brought forward from the previous period14P€-30k€-40k▼
Transfer from equity791/2-€2k
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €23k
Net result €23k after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-11k ▼127%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2006
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.
Seringendreef 338300 Knokke-HeistGround area
1,275 m²
Building footprint
270 m²
Volume, LiDAR
754 m³
2 parcels, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mardec
since 20062.156.966.729
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0147/00X000 | Flanders | 658 m² | 1 · 126 m² | 5.8 m · 1 fl. |
| 31039E0147/00W000 | Flanders | 617 m² | 1 · 144 m² | 11.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,156 companies in sector 46190 we hold annual accounts for 2,571. 788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2006
Fiscal year end30-06
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.