MARQUISE FOREST PRODUCTS
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 21-04-2022, 9 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
9 d early
2020
30 d early
2019
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, abbreviated schema
Equity
€96,202▲ 9.3%
2020 · €87,981
Total assets
€1.2m▼ 29.2%
2020 · €1.7m
Net result
€8,221▲ 21.5%
2020 · €6,764
Working capital
€123,280▼ 65.2%
2020 · €353,980
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€8,896-€43,628▲ 390%€40,638▼ 6.9%€33,752▼ 16.9%
Net result€16,289-€1,544▼ 90.5%€6,764▲ 338%€8,221▲ 21.5%
Equity€79,673-€81,217▲ 1.9%€87,981▲ 8.3%€96,202▲ 9.3%
Total assets€2.0m-€1.9m▼ 9.2%€1.7m▼ 8.0%€1.2m▼ 29.2%
Debt€1.9m-€1.8m▼ 9.0%€1.6m▼ 8.2%€1.1m▼ 31.3%
Working capital€221,612-€386,312▲ 74.3%€353,980▼ 8.4%€123,280▼ 65.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2021 is 17% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €1.2m
Equity
€96,202 ▲ 9.3%
Debt
€1.1m ▼ 31.3%
Debt's share of the balance-sheet total falls from 94.8% to 92.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,901▼
2020 · €40,925
Cash flow
€8,370▲
2020 · €7,051
Current ratio
1.11▼
2020 · 1.26
Quick ratio
0.91▲
2020 · 0.90
Debt to equity
11.55▲
2020 · 2.72
ROE
8.5%▲
2020 · 7.7%
ROA
0.7%▲
2020 · 0.4%
Interest coverage
1.52
Debt ≤ 1 year
€1.1m▼
2020 · €1.4m
Debt > 1 year
€0▼
2020 · €239,696
Income taxes
€6,990▲
2020 · €3,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €287 | €287 | €287 | €149 | ▼ 48.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €10,924 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - |
| Other operating charges640/8 | - | - | - | €14,545 | - |
| Gross operating margin9900 | €12,432 | €53,067 | €33,036 | €59,371 | ▲ 79.7% |
| Operating profit (loss)9901 | €8,896 | €43,628 | €40,638 | €33,752 | ▼ 16.9% |
| Financial income75/76B | - | - | - | €3,775 | - |
| Recurring financial income75 | €48,211 | €1,141 | €931 | €3,775 | ▲ 305% |
| Financial charges65/66B | - | - | - | €22,316 | - |
| Recurring financial charges65 | €30,958 | €40,128 | €31,566 | €22,316 | ▼ 29.3% |
| Profit (loss) for the period before taxes9903 | €26,149 | €4,641 | €10,003 | €15,211 | ▲ 52.1% |
| Income taxes67/77 | €9,861 | €3,097 | €3,239 | €6,990 | ▲ 116% |
| Profit (loss) for the period9904 | €16,289 | €1,544 | €6,764 | €8,221 | ▲ 21.5% |
| Profit (loss) for the period to be appropriated9905 | €16,289 | €1,544 | €6,764 | €8,221 | ▲ 21.5% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.0m | €1.9m | €1.7m | €1.2m | ▼ 29.2% |
| Fixed assets21/28 | €723 | €436 | €149 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €723 | €436 | €149 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €0 | - |
| Current assets29/58 | €2.0m | €1.9m | €1.7m | €1.2m | ▼ 29.2% |
| Stocks and contracts in progress3 | €975,399 | €864,937 | €490,369 | €219,879 | ▼ 55.2% |
| Stocks30/36 | - | - | - | €219,879 | - |
| Amounts receivable within one year40/41 | €1.0m | €968,758 | €1.1m | €943,785 | ▼ 17.4% |
| Trade receivables40 | - | - | - | €943,785 | - |
| Other amounts receivable41 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €25,747 | €17,926 | €43,715 | €43,272 | ▼ 1.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.0m | €1.9m | €1.7m | €1.2m | ▼ 29.2% |
| Equity10/15 | €79,673 | €81,217 | €87,981 | €96,202 | ▲ 9.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | €61,073 | €62,617 | €69,381 | €77,602 | ▲ 11.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €75,742 | - |
| Provisions and deferred taxes16 | €25,852 | €10,275 | - | - | - |
| Amounts payable17/49 | €1.9m | €1.8m | €1.6m | €1.1m | ▼ 31.3% |
| Amounts payable after more than one year17 | €100,000 | €281,529 | €239,696 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0 | - |
| Other amounts payable178/9 | - | - | - | €0 | - |
| Amounts payable within one year42/48 | €1.8m | €1.5m | €1.4m | €1.1m | ▼ 19.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €84,696 | - |
| Financial debts43 | - | - | - | €750,000 | - |
| Credit institutions430/8 | - | - | - | €750,000 | - |
| Trade debts44 | €807,673 | €629,194 | €520,970 | €234,550 | ▼ 55.0% |
| Suppliers440/4 | - | - | - | €234,550 | - |
| Advances received on contracts in progress46 | - | - | - | €4,034 | - |
| Taxes, remuneration and social security45 | - | - | - | €10,376 | - |
| Taxes450/3 | - | - | - | €10,376 | - |
| Accrued charges and deferred income492/3 | - | - | - | €27,078 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,289 | €1,544 | €6,764 | €8,221 | ▲ 21.5% |
| + Depreciation and write-downs630 | €287 | €287 | €287 | €149 | ▼ 48.3% |
| Operating cash flow (approximation) | €16,576 | €1,832 | €7,051 | €8,370 | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€7,822 | €25,789 | -€442 | ▼ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
12-02
State Gazette act
General meeting · Merger
Dissolution · Share issue
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €1,544 ▼90.5%
Net result drops to €1,544, the lowest in the series.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
2016
25-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:BARRO
Recognitions · licences · registrations
Legal Entity Identifier
549300HXJK6UFJWRIU33