MarVik
MarVik has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €-88k. Equity is shrinking by ~96.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 95% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €93k |
| Net result | €-88k |
| Better than sector | 95% |
| Active | 11 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.0% | 55.4% | |
| Net result | €-88k | €38k | |
| Equity | €93k | €64k | |
| Gross operating margin | €-87k | €61k | |
| Total assets | €99k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | - | - | €82k |
| Net profit | €-88k | €503 | €43k |
| Cash flow | - | - | €56k |
| Staff costs | - | - | - |
| Income taxes | €244 | €4k | €25k |
| Dividends | - | €12k | - |
| Total assets | €99k | €361k | €673k |
| Equity | €93k | €181k | €443k |
| Debt | €6k | €179k | €230k |
| of which ≤ 1y | €6k | €11k | €34k |
| of which > 1y | - | €169k | €196k |
| Working capital | €93k | €350k | €176k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 16.59 | 33.48 | 6.18 |
| Quick ratio | 16.59 | 33.48 | 6.18 |
| Working capital ratio | 94.0% | 97.0% | 26.2% |
| Solvency | 94.0% | 50.3% | 65.8% |
| Debt / equity | 0.06 | 0.99 | 0.52 |
| Long-term debt ratio | - | 0.93 | 0.44 |
| Interest coverage | - | - | 18.64 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -88.4% | 0.1% | 6.4% |
| ROE | -94.1% | 0.3% | 9.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €99k | €361k | €673k |
| Fixed assets | 21/28 | - | - | €463k |
| Tangible fixed assets | 22/27 | - | - | €116k |
| Financial fixed assets | 28 | - | - | €347k |
| Current assets | 29/58 | €99k | €361k | €210k |
| Amounts receivable within one year | 40/41 | €3k | €3k | €204k |
| Cash & bank | 54/58 | €90k | €355k | €5k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €99k | €361k | €673k |
| Equity | 10/15 | €93k | €181k | €443k |
| Contributions / capital | 10/11 | - | - | €250k |
| Reserves | 13 | €181k | €181k | €193k |
| Accumulated profits (losses) | 14 | €-88k | - | - |
| Amounts payable | 17/49 | €6k | €179k | €230k |
| Amounts payable after one year | 17 | - | €169k | €196k |
| Amounts payable within one year | 42/48 | €6k | €11k | €34k |
| Trade debts payable within one year | 44 | €5k | €3k | €3k |
| Income statement | ||||
| Gross operating margin | 9900 | €-87k | €26k | €83k |
| Operating result | 9901 | €-87k | €12k | €69k |
| Financial income | 75 | €0 | €672 | €4k |
| Financial charges | 65 | €414 | €8k | €4k |
| Result before taxes | 9903 | €-88k | €5k | €68k |
| Income taxes | 67/77 | €244 | €4k | €25k |
| Net result for the period | 9904 | €-88k | €503 | €43k |
| Result to be appropriated | 9905 | €-88k | €503 | €43k |
-
Current01-10-2020 → present
-
Current01-10-2020 → present
Former directors (1)
-
Former- → 31-12-2024
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 17-11-2014 |
| Status | Active |
| Postal code | 9521 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41036B0084/00F000 | Flanders | 643 m² | 1 · 100 m² | 11.0 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-01-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Carmen de Vuyst",
"firm_city": null,
"firm_name": null,
"office_city": "Herzele",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-01-30",
"filing_date": "2026-01-28",
"act_kind_objet": "BENAMING, STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), DOEL, DIVERSEN"
},
"key_dates": [
{
"date": "2026-01-26",
"label": "akte date"
},
{
"date": "2026-01-28",
"label": "akte date"
},
{
"date": "2026-01-30",
"label": "akte date"
}
],
"key_parties": [
{
"kbo": "0567846116",
"kind": "org",
"name": "S \u0026 VB",
"role": "Oprichter"
},
{
"kind": "person",
"name": "Carmen de Vuyst",
"role": "Notaris"
},
{
"kind": "person",
"name": "Kristof Berleng\u00E9",
"role": "Notaris"
},
{
"kbo": "0871376239",
"kind": "org",
"name": "Norgay Ld Tax Accountants BV",
"role": "Volmachtnemer"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0567.846.116",
"name_full": "S \u0026 VB",
"legal_form": "Besloten Vennootschap"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "statutes_change"
}29-07-2025 FREDERIK SCHUTYSER resigns as director
- FREDERIK SCHUTYSER, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "FREDERIK SCHUTYSER",
"address": null,
"birth_date": null
},
"effective_date": "2024-12-31",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van FREDERIK SCHUTYSER, met woonplaats te 9520 Sint-Lievens-Houtem Marktplein 19, als niet-statutaire bestuurder, en dit met ingang op 31/12/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0567.846.116",
"name_full": "S \u0026 VB",
"legal_form": "BV"
}
}14-10-2020 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
"seat_change": true,
"object_change": true,
"effective_date": "2020-10-01",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0567.846.116",
"name_full": "S \u0026 VB",
"legal_form": "BVBA"
},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}26-11-2014 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9520 Sint-Lievens-Houtem, Marktplein 24",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1982-02-07",
"name": "SCHUTYSER Frederik Paul Godelieve",
"niss": null,
"address": "9521 Sint-Lievens-Houtem (Letterhoutem), Molenkouter, nummer 99"
},
"share_class": "gelijke aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 124500,
"holder_person_name": "SCHUTYSER Frederik Paul Godelieve",
"is_subscriber_only": false,
"n_shares_subscribed": 249,
"amount_subscribed_eur": 124500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1984-11-24",
"name": "VAN BEVER Evelien",
"niss": null,
"address": "9521 Sint-Lievens-Houtem (Letterhoutem), Molenkouter, nummer 99"
},
"share_class": "gelijke aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 125500,
"holder_person_name": "VAN BEVER Evelien",
"is_subscriber_only": false,
"n_shares_subscribed": 251,
"amount_subscribed_eur": 125500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 250000,
"subject_company": {
"kbo": "0567.846.116",
"name_full": "S \u0026 VB",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2014-11-14",
"post_incorporation_mandates": []
}| Legal nameNL | MarVik |