Equity
Equity fell by 52% in 2 years.
Equity fell by 52% in 2 years.
The result rose in 2026 from €10,933 to €96,023.
The accounts state no turnover.
Of this, €360,370 falls due within a year.
The 2021 accounts came 27 days late. The other nine of the last ten were filed on time.
Branch transferred to VLEESHANDEL MARKEY. Contribution on 15-10-2024.
The dashed line is the sector median: 0.1% across 6,996 companies (NACE 68, small).
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, small). It does better than 49% of them on solvency, 70% on liquidity, 63% on profitability and 71% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-03-2026.
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, 4,685 companies had the same profile as MARKEY INVEST has now. Each dot stands for 12 companies, two years later.
That fits the bankruptcy probability of MARKEY INVEST itself: < 0.1% within 12 months.
The method was tested on the 497,446 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 4,685 companies, not a prediction for MARKEY INVEST. 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 insufficient, with a current ratio of 0.17 (0.56 in 2025), below 1. Short-term debt is 9.3% and cash 1.5% of total assets. 70.8% 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 7 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 | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| MARKEY INVEST Langemark-Poelkapelle | €3.9m | €475,010 | 29.2% | 0 |
| TPR - IMMO Poperinge | €4.1m | €412,569 | 50.0% | 0 |
| STIM Staden | €3.6m | €559,289 | 74.1% | 0 |
| HEIST RECYCLING Heist-op-den-Berg | €3.8m | €425,557 | 90.1% | 0 |
| SANDRA Beveren-Kruibeke-Zwijndrecht | €4.7m | €376,801 | 57.6% | 0 |
| VANMOBIL Kortemark | €5.0m | €531,204 | 91.1% | 0 |
| CASINOPLEIN KANTOREN Kortrijk | €4.0m | €761,298 | 56.2% | 0 |
These companies have the same main activity as MARKEY INVEST: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.6m and €5m, founded between 1985 and 1993.
MARKEY INVEST has existed since 1991. The gross margin fell from €2.5m in 2024 to €416,065 in 2025 and staff from 24.7 to 18 full-time equivalents.
Solvency rose in 2026 from 22.8% to 29.2% because of the retained profit and a capital increase and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.